Stocks

“Wells Fargo: 3 Stocks That Could Climb Over 50%”

“Houghton Mifflin (HMHC)… Based on all of the above, Warmington rates HMHC an Overweight along with a $5 price target. Should his thesis play out, a potential twelve-month gain of 121% could be in the cards… Gap (GPS)… It should… Continue Reading…

Business, Stocks

“Ambani’s Reliance to Offer $20 Billion Stake in Retail Arm to Amazon”

“Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held discussions about investing in the… Continue Reading…

Stocks

“Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 40%”

“Rackspace Technology (RXT)… Goldman Sachs analyst Heather Bellini, rated 5 stars at TipRanks, rates RXT shares a Buy with a price target of $38, implying an impressive 99% upside potential for the stock this year… Plains All American Pipeline (PAA)… Overall, Plains… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding Over 7%; RBC Says ‘Buy’”

“Brookfield Property Partners (BPY)… …The regular quarterly dividend of 33 cents per share is next scheduled for payment at the end of September, but has already been declared. At this rate, the dividend annualizes to $1.32 with a stellar yield of… Continue Reading…

Stocks

“Nikola shares pop as much as 53% after General Motors takes 11% stake in electric truck maker”

“Shares of Nikola surged Tuesday after General Motors announced it’s taking an 11% stake in the electric truck maker and will produce its marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Shortly before the opening bell, Nikola shares… Continue Reading…

Stocks

“Brent Crude Tumbles Below $40 in Wake of Souring Demand Outlook”

“Crude in London tumbled below $40 a barrel for the first time since late June in the wake of faltering demand and weaker equities dampening market sentiment. Brent futures tumbled as much as 5.3% to $39.77 a barrel on Tuesday.… Continue Reading…

Stocks

“SMIC, China’s largest chipmaker, plunges 23%…”

“GUANGZHOU, China — Shares of Semiconductor Manufacturing International Corp (SMIC), China’s biggest contract chipmaker, plunged over 23% on Monday, after the U.S. government said it was considering putting export restrictions on the company.  The firm’s Hong Kong-listed shares plummeted by 22.88% to… Continue Reading…

Stocks

“Billionaire Ken Griffin Snaps Up These 3 “Strong Buy” Stocks”

“AVEO Pharmaceuticals (AVEO)… Griffin is among those singing AVEO’s praises. Increasing its holding by a whopping 2,357%, Citadel bought up 383,720 shares in Q2. With the total position now landing at 400,003 shares, it is valued at $1,824,013… IDEAYA Biosciences… Continue Reading…

Stocks

“DraftKings rallies 8% as Michael Jordan joins betting company…”

“Shares of DraftKings rose 8% on Wednesday after the company said Michael Jordan is joining the betting company as a special advisor to the board of directors.  Jordan, a member of the National Basketball Association Hall of Fame, will have an equity… Continue Reading…

Stocks

“Market Crash Protection: 3 Defensive Stocks”

“Territorial Bancorp (TBNK)… Compass Point analyst Laurie Hunsicker makes TBNK her top pick, rating the stock a Buy and giving it a $30 price target that suggests a robust 40% upside potential. (To watch Hunsicker’s track record, click here)… America’s Car-Mart (CRMT)… With… Continue Reading…