The popular FANG stocks, Facebook Inc FB 1.21%, Amazon.com, Inc. AMZN 0.12%, Netflix, Inc. NFLX 0.09% and Alphabet Inc GOOG 0.06% GOOGL 0.24%, are off to a roaring start so far in 2017. The hot start is a far cry from how the stocks started 2016.
Less than a year after British strongman Eddie Hall became the first human being in history to deadlift 500 kg (1,102.3 lbs) at the World Deadlift Championships, Hall recently broke the Commerce World’s Strongest Man (WSM) record for a slightly different style of deadlift.
While Verizon Communications Inc. VZ 1.09% and AT&T Inc. T 1.26% continue to dominate the U.S. mobile carrier market share, another carrier dominated Wall Street in 2016. Sprint Corp S 0.12% shares surged 145.8 percent in the past year despite its positioning as the smallest of the “big four” U.S. carriers in terms of subscribers.
After skyrocketing 43.7 percent in the final two weeks of 2016, the Bitcoin Investment Trust GBTC 1.88% has made a sharp reversal in the past two days. On Thursday, the ETF plummeted 11.6 percent. In early Friday trading, the GBTC is down another 7.7 percent.
Happy New Year’s, Apple Inc. AAPL 0.92% shareholders. In the company’s first news release of 2017, Apple revealed that it generated $78 million in App Store sales per day in 2016. New Year’s Day App Store sales came in at $240 million, a number Loup Ventures analyst Gene Munster calls “a blowout day.”
Whether you work in finance on Wall Street or run your own day care on Main Street, you’ve probably had an unsolicited conversation with a friend or colleague about a “can’t-miss” stock.
Considering the cost of homeowners insurance, auto insurance and health insurance, most Americans already feel they are spending too much money on insurance. Fortunately, every American can take full advantage of free government programs to make sure every cent in his or her bank and brokerage accounts is protected.
Iconic investor Warren Buffett has become one of the wealthiest people in the world by identifying value in the stock market. In a nutshell, Buffett buys low and sells high — the goal of any investor. Imagine finding stocks to buy at an even better value than what Buffett gets.
For long-term investors, the diversification and low costs that exchange-traded funds provide can make them some of the best investments in the market. However, much like stocks, the worst ETFs can also be portfolio poison.
It has been another great year for the best tech stocks in 2016. As usual, large-cap tech stocks like Facebook Inc (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc. (NASDAQ:NFLX) and Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) dominated the headlines with their innovation.