Month: November 2020

Traders work on the floor of the New York Stock Exchange. NYSE For most of the eight months since the Covid crash culminated, the stock market’s recovery has fed off rampant doubt, disbelief and cognitive dissonance toward resurgent asset prices set against a severely damaged economy. No more. Wall Street’s rally has now entered the
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InvestorPlace contributor David Moadel recently suggested that BP’s (NYSE:BP) move away from fossil fuels to renewable energy was controversial. Well, if that’s controversial, I say back the truck up and buy all the BP stock you can muster. Source: JuliusKielaitis / Shutterstock.com Why? Because traditional energy investors are going to continue to get their hats
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E-commerce giant Alibaba (NYSE:BABA) is often considered the Chinese equivalent to America’s Amazon (NASDAQ:AMZN). The two companies even have comparable sales mega-events. Whereas Amazon had Prime Day (which was actually two days) on Oct. 13 and 14, Alibaba stock holders waited with bated breath for the results of Singles’ Day on Nov. 11. Source: BigTunaOnline / Shutterstock.com
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A salesman carries a Best Buy shopping basket in San Francisco, California. Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Carnival — Airlines and cruise stocks surged on Tuesday as stocks tied to an economic recovery continued to rise after a series of positive vaccine announcements. Shares of
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Stocks can be cheap for a number of reasons and not all cheap stocks always offer value. Therefore, investors need to do due diligence to find bargain stocks that could also bring solid returns. Today’s article introduces seven of the best cheap stocks that also offer value. Over 80 years ago, economist Benjamin Graham, who
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Traders work on the floor of the New York Stock Exchange. NYSE The Dow Jones Industrial average’s rally through 30,000 could draw in sidelined cash and broaden market leadership, as investors bet on financials and other underperformers in addition to technology shares. The Dow rode to 30,000 from 20,000 with a big lift from technology.
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Impact investing is a major topic on investors’ radar screen, boasting huge growth, and widespread acceptance among those seeking to align their portfolios with their personal values. But impact investing has always been more than a fad. Key Takeaways Socially responsible investing’s origins in the United States began in the 18th century with Methodism, a
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Gambling stocks have been on fire since March’s novel coronavirus crash. When the pandemic first hit, investors feared the worst for the gaming sector. But, with social distancing having less impact than expected — along with the continued sports-betting megatrend — names in this industry made a tremendous recovery. However, as Covid-19 cases begin to
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As the race to dominate meat substitutes heats up, plant-based stocks are becoming an investor favorite. There are a couple of reasons for this increasing interest in plant-based meat. One, demand for meat and dairy substitutes is on the rise due to increasing health concerns over animal welfare and the environment. Second, the novel coronavirus
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