Month: November 2020

Stanley Druckenmiller Anjali Sundaram Billionaire investor Stanley Druckenmiller advised investors against being short the stock market as positive news on the coronavirus front has jolted a big rotation out of growth and into value names. “It’s nuanced, but there are a lot of companies that will be direct beneficiaries [from a coronavirus vaccine], and they
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The last (and only) time I wrote about Westwater Resources (NASDAQ:WWR) was approximately three weeks ago. Regardless of a recent executive order from President Donald Trump, which was intended to reduce the country’s reliance on foreign suppliers of critical minerals such as graphite, I couldn’t recommend WWR stock except for the most speculative investors. Source:
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In a volatile economy, dividend stocks have always proven to be a safe play. These stable investments can offset losses and help you generate income over time. But picking the right dividend stock isn’t just about buying the ones that offer the highest yield. Very often, high dividend yield companies can make changes to the
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Sometimes looks can be deceiving in financial markets. XpresSpa (NASDAQ:XSPA) is a good example of that. In 2020, XpresSpa stock has fallen 3.7%. In this environment, that’s something most investors can live with when it comes to a small-cap, consumer-discretionary name. Source: Africa Studio/Shutterstock Upon further examination, XSPA stock looks significantly less appealing. As is
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The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images Check out the companies making headlines in midday trading.  Uber, Lyft — Shares of the ridehailing companies jumped 13.3% and 12.8%, respectively, after early voting projections suggest that Californians
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Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon told employees that they must have faith in the U.S. election process and patience to await a final determination. “While strong opinions and tremendous passion characterized this U.S. election,
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2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast for 2012.
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It’s been a great year to be involved with gold. For example, the SPDR Gold Shares (NYSEARCA:GLD), is higher by 24.5%. However, it’s an even better time to embrace gold stocks. The VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) proves as much with year-to-date gain of almost 32%. Those data points underscore the double-edged sword that
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After Apple (NASDAQ:AAPL) received a boost from the work-at-home trend in its quarter that ended in June, AAPL stock appears to have reverted to form last quarter, with one exception. Source: dennizn / Shutterstock.com The company’s China business, in-line with my previous warnings, sharply contracted, indicating that the hardware giant could have a big, ongoing
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Take a look at some of the biggest movers in the premarket: CVS Health (CVS) – CVS named Executive Vice President Karen Lynch as its next CEO, effective Feb. 1, replacing the retiring Larry Merlo. Separately, CVS reported better-than-expected sales and profit for its latest quarter, as prescription drug volumes rebounded. Shares rose 2% in
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