admin $13.48 +0.15 (+1.13%) (As of 07/8/2024 ET) 52-Week Range $8.85 ▼ $20.82 Price Target $18.00 Lyft’s NASDAQ: LYFT efforts to improve efficiency while accelerating growth have caused a shift in sentiment that points to a double-digit upside for this stock. The latest results and guidance weren’t a blow-out but still stronger than expected, leading the analyst … Read more
LLY Eli Lilly and Company $918.00 +3.43 (+0.38%) (As of 07/8/2024 ET) 52-Week Range $434.34 ▼ $928.60 Dividend Yield 0.57% P/E Ratio 135.20 Price Target $816.78 Global pharmaceutical giant Eli Lilly & Co. NYSE: LLY has made headlines with its leading GLP-1 weight loss drugs, Mounjaro and Zepbound. Mounjaro is prescribed for Type 2 diabetes but … Read more
$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
Chewy Inc. NYSE: CHWY shares spiked as much as 29% in premarket trading Monday after Keith Gill—known online as “Roaring Kitty”—disclosed a 6.6% passive stake in the online pet food and product retailer. $24.81 -0.17 (-0.68%) (As of 07/8/2024 ET) 52-Week Range $14.69 ▼ $39.46 P/E Ratio 137.83 Price Target $26.50 The US Securities and Exchange … Read more
Gold is a precious metal like silver or copper, although its shiny appearance and valuable physical properties have made it one of the most desirable elements. Used in everything from jewelry to electronics, investors have sought gold to preserve (or increase) wealth for longer than any public company has existed. Gold has a diverse number … Read more
The new market cycle could be the best environment for ‘boring’ stocks to take off. Recently, there has been some interest in the real estate sector, especially after Warren Buffett started buying homebuilding stocks like PulteGroup Inc. NYSE: PHM and D.R. Horton Inc. NYSE: DHI over the last quarter of 2023. This raised the question … Read more
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
Investors should take Wall Street’s view of a particular sector or stock with a grain of salt, as there are typically conflicts of interest behind these views. Think about it: if an analyst working for an investment bank decides that a company’s future is bearish, that analyst could risk losing his or her job over … Read more
The semiconductor sector has been a standout performer in 2024, but recent trends suggest that its momentum might be slowing. So, let’s examine the overall state of the sector, focusing on the Van Eck Semiconductor ETF NASDAQ: SMH and two leading names: NVIDIA NASDAQ: NVDA and Taiwan Semiconductor Manufacturing Company NYSE: TSM. By analyzing these … Read more
PANW Palo Alto Networks $337.64 -4.45 (-1.30%) (As of 07/8/2024 ET) 52-Week Range $201.17 ▼ $380.84 P/E Ratio 49.08 Price Target $326.29 Network cybersecurity provider Palo Alto Networks Inc. NASDAQ: PANW stock has recovered from its fiscal Q3 2024 earnings report. While the results weren’t bad, shares took a tumble on its forward guidance. However, the … Read more