A 4% pop yesterday put Amazon.com Inc NASDAQ: AMZN shares at a new record high and on the verge of a major milestone. After closing at $193.61, they’re just a 3% move away from hitting $200 for the first time ever. It also means that they’re now up more than 30% since the start of…
Whirlpool NYSE: WHR shares surged 20% on word that it would receive a takeover bid from Bosch. However, the initial price action suggests this is a buy-the-rumor-sell-the-news event, so investors should be cautious. While a catalyst for higher share prices, the offer has yet to be tendered, and there are reasons to believe Whirlpool won’t…
In 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their…
After the company reported its full-year 2024 earnings results, shares of Paychex Inc. NASDAQ: PAYX are trading lower by as much as 5.5% in the morning’s trading session. The initial reaction to earnings came as a surprise, as the actual results were nothing to bearish about, although management’s guidance could have disappointed those used to…
The rise of artificial intelligence has been a gift for investors who own one or more of the technology stocks that stand to benefit from AI. Not only has this been a good trade, but many of these stocks, such as NVIDIA Corp. NASDAQ: NVDA and Microsoft Corp. NASDAQ: MSFT, are also great buy-and-hold stocks. …
Stock market trends come in many forms, but this article will focus on the price trend. A trend is a general direction in which something develops; in the case of investing, the upward price trend is essential. Like they say, it pays to trade with your friend; the trend is your friend. This article looks…
The U.S. consumer is going through one of the most significant constraints in the economy of all its fast food with the growing burning hole at the bottom of their pockets. With fast food being higher than the Federal Reserve’s (the Fed) goal of 2%, employees at work won’t do it anymore to keep the…
GIS General Mills $62.49 -0.39 (-0.62%) (As of 07/8/2024 ET) 52-Week Range $60.33 ▼ $77.63 Dividend Yield 3.78% P/E Ratio 14.50 Price Target $70.00 General Mills NYSE: GIS is the global food manufacturing sector giant known for iconic brands like Cheerios, Yoplait, Pillsbury, and Blue Buffalo. General Mills’ earnings report for the fourth quarter and full-year…
Enovix NASDAQ: ENVX stock surged 35% in a single day, and it looks like the rally has legs and room to run. The technical signal is strong, and fundamental factors are in play. Those factors include a new deal to supply batteries for a virtual reality headset that points to a new reality for ENVX…
$295.53 +1.53 (+0.52%) (As of 07/8/2024 ET) 52-Week Range $224.69 ▼ $302.41 Dividend Yield 1.87% P/E Ratio 17.15 Price Target $314.00 FedEx’s NYSE: FDX focus on efficiency in the face of troubled operating conditions is why this stock can set a fresh high this year. The fiscal Q4 results delivered exactly what the market wanted and…