Can the Sector Hold Firm?

The homebuilders industry and construction stocks have been in the spotlight recently, and the XHB SPDR S&P Homebuilders ETF NYSE: XHB is currently at a pivotal support level. As the ETF hovers near this critical point, investors might be questioning whether the sector can sustain its momentum or if a significant pullback is imminent. Adding…

Read More

Applied Digital Stock Rises as It Expands AI Data Centers

$7.14 +0.20 (+2.88%) (As of 07/8/2024 ET) 52-Week Range $2.36 ▼ $11.07 Price Target $8.40 Applied Digital Co. NASDAQ: APLD designs, develops and operates next-generation data centers accommodating artificial intelligence (AI) service providers in the high-performance computing (HPC) industry. The AI boom has been driving the demand for more data centers, which is driving demand for…

Read More

3 Recent Stock Buybacks Lead the Way

When investors consider the main ways to get their money back from an investment and a reasonable return on that initial investment, the average retail investor thinks of two main approaches. First is the classic ‘buy low and sell high’ approach, which means someone sold stock at a profit and created a taxable event for…

Read More