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Business, Predictions, Opinions, & Comments

“Robinhood co-CEO says young traders see market downturns as buying opportunities for the long term”

“The young customers of Robinhood are actually smart, long-term oriented investors who recognized that the market sell-off in March was a buying opportunity, according to the zero commission pioneer’s co-founder. “What we’ve seen is they typically see volatility and market… Continue Reading…

Stocks

“SVB Financial Outperforms 96% Of All Stocks On Key Metric”

“Banks haven’t been among the hot groups lately. But there are exceptions like SVB Financial (SIVB). The IBD SmartSelect Composite Rating for the parent of Silicon Valley Bank shot to 96 on Monday, up from 89 earlier.Volume 0%01:2301:23 The upgrade means that SIVB… Continue Reading…

Business, Stocks

“Ant Group to raise $34.5 billion, valuing it at over $313 billion, in biggest IPO of all time”

“Ant Group would raise $34.5 billion in its dual initial public offering after setting the price for its shares on Monday, making it the biggest listing of all time. The Chinese financial technology giant previously said it would split its stock… Continue Reading…

Business, Stocks

“Dunkin’ stock soars after chain confirms sale talks with Inspire Brands”

“Shares of Dunkin’ surged 15% Monday after the company confirmed sale talks with Inspire Brands, the privately held owner of Arby’s and Jimmy John’s. The New York Times, which broke the news of the discussions, reported that the deal is valued at… Continue Reading…

Stocks

“3 Monster Growth Stocks That Have Legs for Future Gains”

“Penn National Gaming (PENN)… What does the rest of the Street have to say? 9 Buys, 3 Holds and 1 Sell have been issued in the last three months. Therefore, PENN gets a Moderate Buy consensus rating. Based on the… Continue Reading…

Personal Finance

“What Is the Average 401(k) Balance by Age?”

“Average 401(k) Balance by Age Here are the average 401(k) balance by age range as of the second quarter of 2019, according to data released by Fidelity Investments. Ages 20-29 The average 401(k) balance was $11,800 The median 401(k) balance was $4,300 The… Continue Reading…

Business, Stocks

“Fastest-Growing Companies: 24 Stocks Expecting Up To 603% Growth In 2020”

“To make this list of fastest-growing stocks, each stock must have consensus analyst estimates calling for at least 50% earnings growth in 2020. Each company must also have a 95 or higher Composite Rating. That indicates the stock is outperforming at least… Continue Reading…

Stocks

“8 Utility Stocks That Offer Safe and Growing Yields”

“Yield Machines These utility stocks all sport attractive yields and should continue to grow their dividend payouts. Company / Ticker Recent Price Market Value (bil) Dividend Yield YTD Return Quarterly Dividend Per Share NextEra Energy / NEE $299.55 $148.4 1.8%… Continue Reading…

Cryptocurrencies, Investing

“Bitcoin prices surge to highest since 2018 — here’s why”

“PayPal said that users on its platform will be able to purchase bitcoin  BTCUSD, 0.73%, as well as other sister cryptos like ethereum ETHUSD, 4.79%,  bitcoin Cash BCHUSD, 5.59%  and Litecoin LTCUSD, 4.24%.   That news has helped to drive the value of bitcoin to just under $13,000, marking its highest level since around January… Continue Reading…

Business

“Coca-Cola earnings top estimates, despite 9% decline in revenue”

“Coca-Cola on Thursday reported that its third-quarter revenue fell 9% as the coronavirus pandemic weighed on demand for fountain soft drinks, Powerade and Dasani. But the company topped earnings estimates, sending shares up 3% in premarket trading. Here’s what the company reported for… Continue Reading…