GE Earnings Climb on Strong Demand for Jet Engines, Power Equipment
Strong demand for its jet engines and power equipment lifted General Electric to a quarterly profit and higher revenue than a year ago.
Strong demand for its jet engines and power equipment lifted General Electric to a quarterly profit and higher revenue than a year ago.
The year 2022 was a nightmare for the shareholders of the upstart electric-vehicle maker Rivian. Rivian went public in November 2021, and the stock then rose as high as $180, which was clearly gold for early shareholders like e-commerce giant Amazon and automaker Ford. This cocktail has complicated Rivian's effort to mass-produce its vehicles.
It might be obvious to point out that an important part of the investing game is to find the stocks that are undervalued — that is, the companies with sound fundamentals that the market is presently not fully appreciating. Luckily for investors, after 2022’s widespread carnage, there are still plenty of names out there still at relatively depressed levels. In fact, even after the strong rallies seen in the year’s opening stretch, such was 2022’s merciless bear, there are scores of stocks out the
Indian billionaire Gautam Adani saw his net worth melt by tens of billions of dollars in a matter of days. Last September, Adani became by far the richest man in Asia and the second richest man in the world behind Elon Musk with a fortune estimated at $150 billion. This fortune is currently valued at $59 billion as of Feb. 4, according to Bloomberg Billionaires Index. It has melted a total of $91 billion in six months.
Bill Ackman runs a concentrated portfolio with four stocks making up over 70%. Lowe's (NYSE: LOW) and Chipotle Mexican Grill (NYSE: CMG) are among his top holdings. *Stock prices used were the afternoon prices of Feb.
It's a tech-astrophe out there. But you have options.
In this article, we will discuss the favorite energy and bank stock picks of Jim Cramer. If you want to explore similar stocks, you can go to Jim Cramer’s 5 Favorite Energy and Bank Stock Picks. Jim Cramer is an American television personality, former hedge fund manager, and best-selling author. He is the host of […]
When the curtain closed on 2022, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and technology-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC)Â all entered respective bear markets and produced their worst returns since 2008. The abysmal performance of these core stock indexes has a lot of investors asking whether a U.S. recession is unavoidable. Unfortunately, there is no crystal ball that allows us to look into the future and know with concrete certainty whether a recession is coming.
In this article, we discuss top 25 dividend challengers by yield. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read Dividend Challengers List Ranked By Yield: Top 10. Dividend Challengers are companies that have raised their dividends for five years or more. These companies […]
The bailout by the Federal Home Loan Bank has critics questioning whether the government-backed enterprise has lost its way.
Cathie Wood is roaring back. Her flagship ARK Innovation ETF (NYSEMKT: ARKK) plunged 67% last year. But so far in 2023, the exchange-traded fund is up nearly 40%. This impressive performance could be just the warm-up.
A product-oriented press release at the end of December, falling inflation, and meme-stock traders all propelled QuantumScape higher last month.
Innovative Industrial Properties (NYSE: IIPR) is a smart passive income stock thanks to its ever-growing empire of marijuana cultivation real estate. In fact, with a relatively small weekly commitment, you could build up a pretty decent haul of dividends annually, and it wouldn't even take you that long to do so in the grand scheme of things. Before we go over the details of how to do that, let's start by taking a minute to appreciate why this real estate investment trust (REIT) is such a passive income machine in the first place.
In this article, we take a look at 12 safe stocks to buy for the long-term according to hedge funds. You can skip our detailed analysis of safe stocks and go directly to read 5 Safe Stocks to Buy According to Hedge Funds. Even if there are many indications that the macro environment will remain […]
Workhorse Group said Lordstown Motors wants to terminate a 2019 agreement inked by the two companies.
The three stocks below have become part of the elite group of Dividend Kings. You can take comfort in that remarkable history, which indicates dividends have remained a priority for management in all kinds of economic environments. Colgate-Palmolive (NYSE: CL) sells basic items like toothpaste, toothbrushes, soap, and deodorant.
Tech CEOs at companies like Facebook, Google, and Amazon screwed up — but it's the laid-off employees who are paying the price.
Investors liked what they heard from Sofi (NASDAQ: SOFI) management, and the stock soared as a result. This video will highlight the critical insights Sofi provided investors in their latest quarterly conference call.
There's no guarantee these stocks will split this year. But their share prices are certainly high enough to do so.
Adani Group is the center of allegations of fraud and stock-price manipulation launched by the short-seller Hindenburg Research.
Happy days are here again. Maybe. Hopefully. The S&P 500 is up close to 16% above its previous low set on Oct. 12, 2022. To reach the commonly accepted threshold for a new bull market, it only needs to rise another 4% or so.