1-23 Around The Table Pt. 2
Stacy Smith and his panel of financial experts discuss the latest trends in the stock markets.
Stacy Smith and his panel of financial experts discuss the latest trends in the stock markets.
January has now been and gone and turned out to be a nice gift for investors. Battered by 2022’s bear, the tech-heavy Nasdaq, in particular, put in an excellent showing, seeing out the month ~11% into the green, in what amounted to its best start to a year since 2001. That signals the appetite for risk is on again and that will be good news for Cathie Wood, the ARK Investment CEO, whose investing style heavily favors disruptors - equities that are naturally positioned at the risky end of the sca
“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract."
The Nasdaq-100 index, which hosts 100 of the largest tech stocks listed on the Nasdaq exchange, sank 33% in 2022, which has left many portfolios battered and bruised. See, the Nasdaq-100 almost never falls two years in a row. Since the Nasdaq-100 is already up 10% year to date in 2023, history might be set to repeat.
Shares in the flagship firm of beleaguered Indian tycoon Gautam Adani were repeatedly suspended on Friday as a rout triggered by allegations of accounting fraud deepened.This "brazen stock manipulation and accounting fraud scheme" is "the largest con in corporate history", Hindenburg said.
This year has started with a ‘bang’ for stocks, a January rally that saw the S&P gain 6% and the NASDAQ jump 11%, a welcome change in mood from the volatile declines we saw in 2022. Even so, there is still a degree of caution. Last year’s headwinds are still with us, in the form of stubbornly high inflation and interest rates at decadal highs. For the average investor, charting a course through these waters is a daunting task. It is in times like this that some expert advice might provide a clea
A core part of my strategy is investing in companies that pay attractive, growing dividends. Two of my highest-conviction investment ideas right now are Blackstone (NYSE: BX) and Prologis (NYSE: PLD). With shares of these top dividend stocks down sharply over the past year, I'm buying them like there's no tomorrow so I can grow my positions before their shares rebound.
Legacy Ridge Capital Management, LLC recently published its “Legacy Ridge Capital Partners Equity Fund I” fourth quarter 2022 investor letter, which can be downloaded here. In 2022, the fund returned 12.5% gross and 10.3% net of performance fees compared to a -18.1% return for the S&P 500 Index. In addition, please check the fund’s top five […]
These highly profitable, industry-leading businesses can deliver triple-digit total returns for retired investors.
If you're investing in a stock with a dividend that yields 8% or more, you should be careful and take a close look at its business. While monster-sized payouts may look attractive, the danger is that they may not end up lasting.
A short squeeze occurs when short-sellers rush to cover their positions on a stock. The sudden rush of buying can quickly push a stock price higher. After a tough market year in 2022, some stocks have built up large short-seller followings, potentially priming the pump for a new wave of short squeezes.
Pandemic-driven demand has generally receded, and the combination of inflation and rising interest rates has crushed the market's appetite for growth stocks. Fiverr International (NYSE: FVRR) operates a leading freelance labor marketplace, and the company is in a great position to benefit from the long-term growth of the gig economy. After growing sales 88% in 2020's third quarter and 43% in Q3 2021, Fiverr's Q3 revenue increased just 11% year over year in its latest third quarter.
The Indian tycoon's fortune slipped below Mukesh Ambani's following a report that accused Adani Group of fraud.
For as little as $7,000 invested over the course of a year, you could build yourself a passive income stream of $1,000 annually. If you want to eventually generate an annual dividend income of $1,000 after consistently investing a relatively small amount of money over a relatively short period, you may need to take a few risks. While companies can influence their dividend yields by hiking dividend payouts, or reducing the number of outstanding shares, or even (accidentally) doing things to tank their stock price, on average, it's the market that has the largest impact on yields.
When Salesforce announced it was laying off 10% of its workforce last month, you might have assumed that meant that everyone who was affected was informed at that time. With social media flush with people talking about Salesforce layoffs today, the company says these are part of that original announcement, but some folks are learning about their fate today. CEO Marc Benioff reportedly telegraphed that the sales group could be targeted, telling employees in a company meeting last month that remote workers weren’t as productive as folks in the office, and that half the sales team accounted for 96% of the revenue, suggesting that the other half accounted for just 4%.
2023 is off to a strong start with the S&P 500 gaining 6.2% and the Nasdaq Composite jumping 10.7% so far in January. Rather than sitting on the sidelines and waiting things out while experts predict where the market could be moving, I'm investing in high-growth dividend stocks that should perform admirably in an up or a down economy. It's no secret I've been incredibly bullish on alternative asset management company Blackstone (NYSE: BX).
Ford Motor Co. reported Thursday that its fourth-quarter net income fell 90% from a year earlier, leading company officials to say the automaker's costs are too high and to pledge more belt-tightening this year. CEO Jim Farley said Ford should have done better last year, and it left $2 billion in profits on the table that were within its control. “These are the simple facts, and to say I'm frustrated is an understatement, because the year could have been so much more for us at Ford,” Farley said.
Ford Motor Co. late Thursday reported mixed quarterly results, with Chief Executive Jim Farley saying that the auto maker left $2 billion in profit on the table, referring to the company's full-year losses.
The troubles of India’s Adani group, battling allegations of fraud made by US-based Hindenburg Research, seem to have increased.
Tesla's data library as well as training and inference tools should help position it to "build other autonomous machines that navigate the physical world", according to Ark.
Following the company's previous earnings release, Cramer apologized to his audience, saying that his trust in Meta's management team was "ill-advised" and that his bullish hubris was "extraordinary, and I apologize."