Nike Stock Edges Higher On Russia Exit Report Ahead of Q4 Earnings
Reuters reported Thursday that Nike will exit its Russia operations over the coming months, following similar moves from McDonald's and Starbucks.
Recommended Stories
Motley FoolIf You've Got $5,000, Buying These 5 Top Stocks Right Now Would Be a Genius Move
Bear markets aren't uncommon; they occur once every three and a half years. Because of this, wise investors should be looking for great values to pick up during a market panic. Alphabet (NASDAQ: GOOG) is the parent company of Google and YouTube, among others.
- TipRanks
Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. It’s a rosy picture, but it’s also not a sure thing. GDP contracted in Q1, by nearly 1.5%, and some estimates are showing 0% growth in Q2. Such results would meet the technical definition of a recession – and recession is hardly the usual environment to find robust earnings growth. Looking at current
- MoneyWise
Jim Rogers warns of the ‘worst bear market’ in his lifetime – these are the 2 ‘least dangerous’ assets to own today
Rogers knows a thing or two about making money in turbulent times.
- Motley Fool
Nasdaq Bear Market: 4 Magnificent Growth Stocks You'll Regret Not Buying on the Dip
These rapidly growing companies are begging to be bought following a peak decline of 34% for the Nasdaq.
- GOBankingRates
Tesla Competitor Polestar Starts Trading on Nasdaq Today — Should You Buy Stock?
Swedish electric vehicle company Polestar -- founded by Volvo and Zhejiang Geely Holding -- is starting trading on the Nasdaq today, June 24, following a special purpose acquisition company merger....
- Motley Fool
Ready to Get Rich in the Stock Market? 5 Investments You Can't Go Wrong With
"Can't go wrong" is a serious standard, but a few solid companies really do rise to the meaning of the phrase.
- Motley Fool
If You Invested $10,000 in Moderna 2 Years Ago, This Is How Much You Would Have Today
Moderna (NASDAQ: MRNA) was one of the best stocks to own last year as it brought its COVID-19 vaccine to market and generated billions in revenue. The company, which was a bit of an unknown before the pandemic began, has quickly risen in popularity.
- MarketWatch
The stock market’s return will be minus 3.3% a year over the next decade, says this ‘single greatest predictor’
This month we’ve received both good and bad news from the “single greatest predictor of future stock market returns.” It is a contrarian indicator, with higher equity allocations associated with lower subsequent market returns, and vice versa. According to a simple econometric model I constructed that bases its predictions on the historical correlation between the indicator and the stock market, the S&P 500’s real total return over the next decade will be minus 3.3% annualized.
- MoneyWise
Warren Buffett bought about $2.5 billion worth of Citigroup. If you're looking for a low-risk approach to 'buy the dip,' this big banking bet is worth copying
Buffett dumped some banks to buy Citi. And it's still cheap.
- Business Insider
Warren Buffett will likely acquire Occidental Petroleum once its credit situation improves after already plowing nearly $20 billion into the company, Truist says
Buffett built a massive stake in Occidental Petroleum over the past three years, having first purchased $10 billion worth of preferred stock in 2019.
- Barrons.com
EV Newcomer Polestar Stock Has a Big and Wild First Trading Day
The merger of the special-purpose acquisition company Gores Guggenheim and the electric-vehicle company coming from Volvo is done.
- Fortune
The 3 best countries to get a ‘golden visa’ and how to get one
Americans have been snatching up second passports in Europe as a way to escape political unrest. Here's how you can join them.
- Motley Fool
3 Stocks Cathie Wood Is Buying Now That Should Be on Your List, Too
Cathie Wood's fame as a star stock picker has taken a hard hit this year. Wood is an advocate of disruptive innovation, and therefore owns some of the highest-flying growth stocks in her ARK Invest group of exchange-traded funds (ETFs). With growth stocks plunging in this bear market, Wood's net worth has eroded as well.
- Insider Monkey
10 Value Stocks to Buy According to Billionaire David Tepper
In this article, we will take a look at 10 value stocks to buy according to billionaire David Tepper. If you want to skip our discussion on Tepper’s history and his hedge fund’s performance, go directly to 5 Value Stocks to Buy According to Billionaire David Tepper. With a net worth of $16.7 billion, David […]
- Motley Fool
3 High-Yield Dividend Stocks That Could Soar
High-yield dividend stocks are a major component of my stock portfolio. Here are three income stocks that have room for solid gains in the next year and even better gains over the long run. The blue-chip business development company (BDC) Main Street Capital (NYSE: MAIN) has held up better than the S&P 500 index, which is down 21% so far this year.
- Business Insider
A key economic bellwether just fell into a bear market - and it's happened before every recession in the last 30 years
The price heading for its worst quarterly performance since March 2020, when the coronavirus pandemic hit, adding to the mounting fears of recession.
- Zacks
Here's Why Kinder Morgan (KMI) is an Attractive Investment Bet
Kinder Morgan (KMI) generates stable fee-based revenues from its vast network of midstream infrastructure.
- Zacks
Best Dividend Stocks to Buy Now According to the Zacks Rank
Amid immense market volatility induced by recession fears, investing in top-ranked dividend-paying stocks Enterprise Products Partners (EPD), Arbor Realty Trust (ABR), Kinder Morgan (KMI), The Buckle (BKE) & Avnet (AVT) could help generate steady income.
- Motley Fool
The Single Biggest Mistake You Can Make in a Bear Market
Investing during raging bull markets is easy. You can often simply buy growth stocks with solid prospects, sit back, and enjoy the ride. Bear markets are a different story altogether for many investors.
- Benzinga
Jeff Bezos-Backed Real Estate Investment Platform Acquires Another $23 Million Worth Of Single-Family Rental Homes
Arrived Homes, the single-family real estate investment platform backed by Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, is ramping up its acquisitions as demand from retail investors grows stronger for fractional real estate. In the past 30 days, the platform has fully funded approximately $11 million worth of rental properties, compared to $5 million for the entire first quarter of 2022. The number of investors using Arrived Homes has doubled in the last two months, making it difficult fo