Month: July 2020

Pinterest (NYSE:PINS) stock popped after the company reported surprisingly strong second quarter numbers that smashed expectations. These results were accompanied by an even stronger guide, which implies that Pinterest will emerge from the novel coronavirus pandemic stronger than ever before. Source: Nopparat Khokthong / Shutterstock.com In the big picture, Pinterest’s strong earnings confirm that Pinterest
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Be it the top-down or bottom-up approach to stock selection, it’s important to analyze as many stocks as possible. Finding hidden gems from different industries often means scouring the world of OTC stocks. Over-the-counter stocks, or OTC stocks, can be found on the Over the Counter Bulletin Board (OTCBB). There are quality names from which
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For the most part, when big tech companies reported second quarter earnings this year, they smashed estimates and their stock prices responded favorably. Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) all followed that general trend. One noteworthy exception? Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). GOOGL stock hasn’t been climbing — it’s been falling. Source: BigTunaOnline/Shutterstock.com While Alphabet did top
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Nvidia (NASDAQ:NVDA) stock is on a high once again, doubling in value after falling to $196.40 a pop in mid-March. Panic induced selling hit the tech sector hard after the novel coronavirus struck, but several stocks have bounced back. NVDA stock is no different. Source: JHVEPhoto / Shutterstock.com Its recent quarterly results reinforce the fact that
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I’ve been recommending Comcast (NASDAQ:CMCSA) for this entire year. After Thursday morning’s earnings report, I like CMCSA stock even more. Source: Ken Wolter / Shutterstock.com The market, however, saw it differently. Comcast’s stock actually declined 0.5% in trading Thursday. It may have been that a rally into the release preempted some of the potential optimism.
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Inovio Pharmaceuticals (NASDAQ:INO) is a hot stock to watch right now.The shares of INO stock are up more than 647% from a year earlier. Source: Ascannio / Shutterstock.com In some ways, that is surprising, given that the pharmaceutical company doesn’t currently have any products on the market. The stock jumped after Inovio entered the race
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Warren Buffett, chairman and CEO of Berkshire Hathaway David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway this week again added to his already-enormous stake in Bank of America at a time when the coronavirus pandemic dampens the economic outlook and interest rates hold near record lows. A Securities and Exchange Commission filing showed Buffett’s
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During its third quarter earnings results on Thursday Apple said that the company’s shareholders approved a four-for-one stock split. Stock splits are cosmetic, meaning they do not change anything about a company’s underlying fundamentals. They can lead to renewed interest from smaller investors by making the shares — which are now cheaper — more accessible.
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Intel (NASDAQ:INTC) shares fell off a cliff last week after management announced production and shipment delays for the company’s next-gen 7-nanometer chip. These delays mean the biggest headwind for INTC stock will persist. And its competition will keep leveraging superior products to steal market share. Source: Sundry Photography / Shutterstock.com Needless to say, Wall Street
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