General Electric Company (NYSE: GE) stock dropped nearly 8 percent on Friday to below $9 for the first time since 2009. The latest round of new lows come after GE received its lowest price target on Wall Street Friday morning.
The shift to electric vehicles will represent one of the biggest changes in the economy over the next several decades. While EVs represent only about 3 percent market share today, Energias Market Research estimates the EV market will grow by 23.9 percent annually over the next five years. According to Boston Consulting Group, EV market share will…
DEMOCRATS AND Republicans got mixed results in Tuesday’s elections, but marijuana stock investors enjoyed some big wins. Not only did Michigan and Missouri continue the cannabis momentum by legalizing marijuana on Tuesday, experts say a divided Congress is a best-case scenario for so-called pot stocks.
Warren Buffett has always believed in the power of share buybacks, but only at the right price. Over the weekend, Buffett’s Berkshire Hathaway (ticker: BRK.A, BRK.B) revealed that, for the first time in about six years, Buffett spent nearly $1 billion scooping up shares of Berkshire stock.
CVS Health Corp (NYSE: CVS) stock initially jumped more than 2 percent on Tuesday after the company topped third-quarter earnings expectations and said its acquisition of Aetna (AET) should close before Thanksgiving.
Any investor who has tried chasing popular stocks has likely learned the hard way that it’s extremely difficult to beat the market by following the herd. Instead, the best investing ideas are often those that are contrary to the prevailing market sentiment. Bank of America recently ran its Thematic Beats screen to identify stocks with exposure to…
In the late 1990s and early 2000s, the internet completely changed the way the business world operates and created a tremendous amount of wealth for investors who picked early winners. The next major technological transition for global businesses will be collection and analysis of data using artificial intelligence. The so-called “big data” revolution will help…
Starbucks Corporation (Nasdaq: SBUX) stock jumped more than 11 percent on Friday after the company beat earnings expectations in the fiscal fourth quarter and issued solid 2019 guidance. While investors cheer the positive quarter, analysts say Starbucks still has major problems it needs to address.
Tesla Inc (Nasdaq: TSLA) stock gained more than 25 percent last week after the company reported a surprisingly profitable third quarter. But while Tesla investors cheered last quarter’s earnings beat, others are already looking ahead to Tesla’s fourth quarter. Tesla will need to demonstrate it can be sustainably and consistently profitable for TSLA stock to break out…
THE MARKET DIDN’T LIKE what they heard from Spotify Technology (ticker: SPOT) on Thursday, sending the stock down more than 8 percent. The music streaming leader reported lackluster guidance, but analysts say growth in advertising, the launch of new products and further penetration of the massive global smartphone market make SPOT stock a long-term buy.