A significant short interest may result in a squeeze, but what do the prominent short positions represent? Understanding the implications of high short interest, including the potential for significant price volatility and the underlying health of companies, is essential for retail traders. What is Short Interest? Short interest refers to the total number of shares of…
Most of the market attention remains with the technology sector today, where all of 2024 has been centered around every stock related to artificial intelligence, particularly those in the chip and semiconductor space. When reading this, most investors probably thought of NVIDIA Co. NASDAQ: NVDA and other names in that space, but that wave could…
$143.20 +2.70 (+1.92%) (As of 02:12 PM ET) 52-Week Range $79.86 ▼ $156.95 P/E Ratio 39.45 Price Target $141.67 Generac Holdings Inc. NYSE: GNRC has long been synonymous with backup power generation, holding a commanding presence in a market driven by the need for energy reliability. However, recent developments have created a complex narrative, leaving investors…
SPY SPDR S&P 500 ETF Trust $555.23 +0.59 (+0.11%) (As of 02:13 PM ET) 52-Week Range $409.21 ▼ $556.25 Dividend Yield 1.23% Assets Under Management $544.22 billion The S&P 500 NYSEARCA: SPY can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation…
$387.30 -2.38 (-0.61%) (As of 02:22 PM ET) 52-Week Range $140.52 ▼ $397.12 P/E Ratio 730.77 Price Target $382.35 CrowdStrike Holdings NASDAQ: CRWD is a technology firm specializing in AI-powered cybersecurity. It has recently seen massive share price growth, up 162% in the last 12 months. Since going public in 2019, the firm has had a…
MKC McCormick & Company, Incorporated $69.62 -0.84 (-1.19%) (As of 02:23 PM ET) 52-Week Range $59.13 ▼ $90.45 Dividend Yield 2.41% P/E Ratio 25.41 Price Target $76.25 McCormick & Company NYSE: MKC is in the consumer staples sector and is the 8th largest US food products company by market capitalization. The firm reported Q2 2024 earnings…
Onsemi NASDAQ: ON share price struggles in 2024, but the bottom is in, and a rebound is at hand. While sales will decline in 2024, the cause is macro, including end-market inventory, and an end to the pain is near. Analysts forecast a bottom in Onsemi end semiconductor markets, suggesting a pivot is coming for…
The technology sector continues to drive the overall market higher, with cybersecurity stocks presenting intriguing setups. Software infrastructure and cybersecurity stocks have performed modestly year-to-date, aligning with the broader market. The Amplify Cybersecurity ETF NASDAQ: HACK is up nearly 8% YTD, reflecting this trend. Cybersecurity became a critical focus with the rise of cyber threats…
$128.99 +3.16 (+2.51%) (As of 02:13 PM ET) 52-Week Range $39.23 ▼ $140.76 Dividend Yield 0.03% P/E Ratio 75.43 Price Target $127.07 NVIDIA NASDAQ: NVDA is a brand name with celebrity status in the technology sector. NVIDIA has become synonymous with accelerated computing, particularly in the rapidly evolving field of artificial intelligence (AI). The company’s graphics…
$37.18 +0.15 (+0.41%) (As of 02:13 PM ET) 52-Week Range $23.33 ▼ $38.91 Price Target $39.33 Vista Outdoor Inc. NYSE: VSTO is an outdoor products company comprised of many brands in the sporting and outdoor categories. While other outdoor stocks are selling off, Vista stock trades near 52-week highs, trading up 27.3% year-to-date (YTD). It received…