It’s fascinating to witness Wall Street turning against telecommunications giant AT&T (NYSE:T) stock. The way they’re treating this iconic company, you’d think AT&T was headed toward zero. Source: Roman Tiraspolsky / Shutterstock.com Of course, that won’t happen anytime soon. Part of the problem is that the market has been rotating out of telecom stocks. This trend,
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Fisker (NYSE:FSR) announced on Nov. 19 that it won a ZEVAS Award — the zero-emission awards at the Los Angeles Auto Show — for the best crossover vehicle under $50,000. FSR stock jumped more than 5% on the news. This is the latest piece of good news for long-time investors. In the last month alone,
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SoFi Technologies (NASDAQ:SOFI) is a fintech company seeking to disrupt the traditional banking market. SOFI stock officially launched earlier this year after it completed a merger with one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs). Source: rafapress / Shutterstock.com Out of the gate, SoFi generated a lot of excitement. Unlike some of its fintech
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After months of consolidation, Bionano Genomics (NASDAQ:BNGO) is breaking down. BNGO stock has plummeted 30% since announcing earnings in early November. While the earnings report was decent, some legitimate concerns and a lack of news continue to weigh on shares. Source: Shutterstock / PopTika I’ll admit the genome analysis company is compelling, but investors should wait
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The consumer staples sector is composed of companies that produce and sell items considered essential for everyday use. Consumer staples products include household goods, food, beverages, hygiene products, and other items that individuals are either unwilling or unable to eliminate from their budgets even in times of financial trouble. As a result, these companies are viewed as
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Tech stocks have traditionally been associated with growth, not income. While this reputation is still true on the whole, there are now many top tech stocks that are dividend stocks and pay income to shareholders. Dividend paying tech stocks also offer growth, making them appealing for investors looking for a blend of growth and income.
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Netflix’s (NASDAQ:NFLX) hit streaming series Squid Game recently sent shares of NFLX to new 52-week highs last week. NFLX stock rallied after posting strong subscription growth in its quarterly results. Yet those quarterly figures are not Netflix’s highlight. On the conference call, management and analysts calling to ask questions couldn’t get enough of Squid Game,
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Some folks would say that social media has made people impersonal, or even anti-social. One business that’s seeking to remedy that situation is California-based Nextdoor (NYSE:KIND). If you like the company’s vision and prospects, then you might consider a position in KIND stock. Source: Tada Images / Shutterstock.com What’s interesting about Nextdoor is its truly
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Take a look at some of the biggest movers in the premarket: Astra Space (ASTR) – Astra rocketed 38.4% higher in premarket trading, after Astra sent a rocket into orbit for the first time over the weekend. The rocket carried a U.S. Space Force payload. Activision Blizzard (ATVI) – Activision CEO Bobby Kotick would consider
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Buying stocks on dips can sometimes be a profitable strategy. However, grabbing shares of Paysafe (NYSE:PSFE) could be harmful to your fiscal health, as PSFE stock has entered into a harsh and persistent bear market. Source: Sulastri Sulastri / Shutterstock.com If you abide by the principle of “the trend is your friend,” then there’s nothing
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