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Economy

“Used car prices rose 21% during the pandemic: How buyers can find a good deal and sellers can take advantage”

“Used car prices averaged $25,410 during the second quarter of 2021, up from $20,942 a year ago, according to automotive resource site Edmunds. That’s a 21% jump. Because of the global microchip shortage, manufacturers are unable to produce enough new cars to… Continue Reading…

Stocks

“QuantumScape Stock Isn’t a Buy, but Shares Could Rise Almost 70%. What Gives?”

“J.P. Morgan analyst Jose Asumendi is the latest Street analyst to recommend caution. Wednesday, he launched coverage of QuantumScape (ticker: QS) with a Hold rating on its stock and a $35 price target. It’s a lukewarm rating. Still, QuantumScape stock is having a fine… Continue Reading…

Stocks

“Shares of Indian food delivery start-up Zomato jump over 80% in market debut”

“Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the stock opened 52.63% higher at 116 rupees on… Continue Reading…

Stocks

“Snap pops more than 16% on earnings beat and user growth”

“Snap’s stock jumped after the company reported Thursday its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth. Here’s what Snap reported versus Wall Street’s estimates: Adjusted earnings per share: 10 cents vs. 1 cent loss forecast by… Continue Reading…

Stocks

“Boston Beer stock tumbles 21% after weak Truly hard seltzer sales weigh on earnings”

“hares of Boston Beer tumbled 21% in premarket trading Friday after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue. The Sam Adams brewer reported earnings of $4.75 per share on net sales of $603 million. Analysts surveyed… Continue Reading…

Stocks

“Goldman Sachs: These 3 Stocks Could Spike Over 60%”

“Ambrx Biopharma (AMAM)… This new biopharma stock has a Strong Buy rating from the analyst consensus, based on 3 positive reviews so far. The shares are priced at $19.56 and their $39.50 average target suggests room for an upside of 101%… Continue Reading…

Stocks

“10 Companies Are About To Post Blowout 1,000%+ Profit Growth”

“A Bonanza Of Profit Is Coming Analysts see 1,000% or more profit growth from these S&P 500 companies in the second quarter Company Ticker Q2 EPS % Ch. Primary Sector Composite Rating % stock YTD ch. Zimmer Biomet (ZBH) 3,620.0%… Continue Reading…

Stocks

“Buy These 3 Stocks Before They Jump Around 40%, Says JPMorgan”

“TaskUs (TASK)… This newly public stock has attracted no fewer than 9 analyst reviews in its short time on the public markets. Those reviews break down 8 to 1 in favor of the Buy over Hold, giving TASK a Strong Buy… Continue Reading…

Stocks

“5 “Strong Buy” Tech Stocks with at Least 30% Upside Potential”

“Baidu (NASDAQ: BIDU)… …Overall, 17 Wall Street analysts have weighed in on Baidu shares in the past three months, giving the stock 14 Buys and 3 Holds for a Strong Buy consensus rating. The average Baidu price target of $304.40 implies approximately 67.8% upside… Continue Reading…

Stocks

“Just 3 Stocks Power 75% Of Warren Buffett’s Profit”

“Warren Buffett stocks are famous for their tight focus. And this year the famed investor’s highly concentrated play on a few top S&P 500 stocks is paying off. Just three top U.S.-listed stocks in Berkshire Hathaway‘s (BRKB) portfolio, information technology giant Apple (AAPL) plus financials Bank of… Continue Reading…