Stocks just wrapped up their best week of the year, led by an especially strong rally in AI stocks Stocks just wrapped up their best week of the year, led by an especially strong rally in AI stocks. Why? The answer is simple – the Fed. They confirmed this past Wednesday that multiple rate cuts […]
In today’s Smart Money, I’ll share the reasons why gold is a good investment right now – including the four factors that could drive prices higher. Hello, Reader. Some of the best portfolio hedges lose money glacially, while waiting to deliver a gain volcanically. Gold, the “Granddaddy of Portfolio Hedges,” has demonstrated this tendency many […]
The Greencore logo is seen on the outside of its factory building in Bristol, England. Matt Cardy | Getty Images Company: Greencore Group (GNC-GB) Business: Greencore Group is an Ireland-based manufacturer of convenience foods. Its segments include Convenience Foods UK and Ireland. Greencore supplies a range of chilled, frozen and ambient foods to retail and […]
Over the past year or so, Wall Street has been fixated on the major tech companies, driven by AI-led growth. However, valuations for many of these tech giants are bloated, which makes penny stocks all the more attractive. Penny stock investing can be risky, but picking the right ones can be incredibly lucrative. Investors who […]
Source: iQoncept / Shutterstock Cullman Bancorp (NASDAQ:CULL) just reported results for the fourth quarter of 2023. Cullman Bancorp reported earnings per share of 10 cents. The company reported revenue of $4.11 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including […]
Source: iQoncept / Shutterstock United-Guardian (NASDAQ:UG) just reported results for the fourth quarter of 2023. United-Guardian reported earnings per share of 16 cents. The company reported revenue of $2.61 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per […]
Source: iQoncept / Shutterstock Servotronics (NYSEMKT:SVT) just reported results for the fourth quarter of 2023. Servotronics reported earnings per share of 15 cents. The company reported revenue of $12.34 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per […]
Source: Henry Franklin / Shutterstock.com Reddit (NYSE:RDDT) had a successful initial public offering (IPO) and first day of trading yesterday, with shares finishing up by 48%. The IPO price was $34, the high end of the target range between $31 and $34. RDDT stock began the day trading at $47 per share and ended the […]
Once deemed an overpriced fintech stock, PayPal (NASDAQ:PYPL) stock has since become attractively-priced for investors. Formerly dominant in online payments, PayPal faced heightened competition from Apple, Google, and others. Declining online shopping post-pandemic forced PayPal into less lucrative ventures, squeezing gross margins to 45.8% in Q4 2023. Shares plummeted 80%, leaving a $66.9 billion market […]
Source: iQoncept / Shutterstock NextCure (NASDAQ:NXTC) just reported results for the fourth quarter of 2023. NextCure reported earnings per share of -52 cents. This was above the analyst estimate for EPS of -54 cents. The company did not report any revenue for the quarter. InvestorPlace Earnings is a project that leverages data from TradeSmith to […]