A Discover Financial Services credit card. Scott Eelis | Bloomberg | Getty Images Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position, effectively immediately, and
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Investors seeking defensive exposure in this market may turn their attention to mining socks. These companies, involved in locating, extracting, and processing valuable minerals vital for global industries, play an essential role as a growth engine for the global economy. Without various important base metals, entire industries wouldn’t be possible. Indeed, these companies may be
With economies rebounding post-pandemic, renewed consumer spending has taken flight. People are again heeding their wanderlust, given the relaxation of travel restrictions. Unsurprisingly, this burgeoning desire to explore has been an incredible tailwind for travel and airline stocks, with investors searching for the top undervalued airline stocks. Amid the vast sky of opportunities, pinpointing undervalued
If you’re an investor constantly on the hunt for promising opportunities, you may see clear bargains emerging in robotics stocks. With valuations depressed, I believe savvy investors can position themselves for big gains when this high-growth sector bounces back. In the current environment, robotics stocks have remained depressed for a couple reasons. First, the broader
There’s a reasonable argument to be made that investors should load up on blue-chip stocks regularly. After all, large and well-established firms with long track records of success are likely to continue to be successful. Growth in blue-chip companies may be lower than it is in the tech sector but safety and lower volatility arguably
Despite the looming threat of a recession over the past year, the recession hasn’t taken effect. Some experts are predicting that it will never arrive, including the Federal Reserve. On July 26th, the Federal Reserve stated that they are “no longer forecasting a recession,” which spells good news for stocks. Many predict a ‘soft landing’
In recent years, the Metaverse has rapidly emerged as a transformative digital frontier reshaping human interaction, work and entertainment. To grasp the Metaverse concept, one must comprehend it as a 3D virtual space that fuses augmented reality, virtual reality and the internet. This blending of physical and digital elements facilitates seamless immersion and interaction, establishing
Certain stocks have surged this year, with hyper-growth tech companies seeing some of the biggest gains. The three companies listed below have highlighted what momentum can mean for sustained moves higher, even though these stocks are all down at least 10% from their all-time highs, at the time of writing. Many investors question whether this
Cannabis may be one of the most controversial topics on the market. But it could also prove to be among the most profitable. While some states in the U.S. and worldwide countries legalize its use, we’re still waiting on federal legalization. A timeline is hard to pin down. Yet, we are seeing some signs of
Thrill seekers, listen up! Electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) has major news for current and prospective investors. MULN stock isn’t right for everyone, but Mullen Automotive’s achievement of an operational milestone might persuade you to take a share position. Not long ago, I stuck up for Mullen Automotive even while the automaker’s shares
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consider the relative safety of dividend stocks to buy. Notably, in the trailing month, the benchmark S&P 500 index went absolutely nowhere. That could be a sign that to go the conservative route. To
Penny stocks are often defined as stocks trading under $5 per share, those with a very low price per share or market capitalization, and are generally higher-risk. Now, despite many such stocks certainly carrying a relatively high risk profile, this often is somewhat offset by higher potential returns. While many penny stocks lack fundamentals or
While it might not seem plausible at first glance, the narrative of oil stocks to buy is making a comeback. True, the Federal Reserve and its largely aggressive measures to tackle inflation through raising the benchmark interest rate in principle drive down the price of commodities, including hydrocarbon products. However, a few factors contribute to
Under ongoing economic uncertainty, where market volatility and unpredictability have become the norm, investors often require safe harbors that offer both steady income and potential for growth. The article lists three high-growth dividend stocks breeding ripples in their industries and shares a common thread: they offer impressive dividend yields while demonstrating robust price growth potential,
Real estate investment trusts (REITs) have had a challenging go of it in the last few years. That meant smaller dividend increases. And it might not get better in the near term, which makes finding the best REITs to buy a more challenging task. In June, Fitch Ratings reduced its U.S. REIT sector outlook to
I’m no more certain than the next speculator regarding the fate of bank stocks in 2023. We’re all aware that this year has been a tough one for the sector. The bank runs a few months back were a scary sight to behold. Thankfully, the banking sector has held up, and things are normal again. However, August
China-based electric vehicle (EV) manufacturer Li Auto (NASDAQ:LI) went from loved to hated in August. The market can be fickle sometimes, but that’s where prime opportunities present themselves. So, take a close look at LI stock and decide if you’re ready to take a buy-and-hold position. Sometimes I give EV stocks a so-so assessment. When it
When pinpointing undervalued auto stocks, many investors’ minds race straight to the iconic giants of the industry. Yet, as electric vehicle (EV) makers charge into the arena, we’re reminded that every automaker, whether a legacy brand or an upstart, can offer genuine investment merits. Moreover, with a staggering 79.4 million units in global auto sales
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. AMC — Shares of the movie theater stock sank almost 35% after a judge late Friday approved AMC Entertainment’s plan to convert its preferred shares to common stock.
Some of the most attractive opportunities are the top dividend kings, all of which have raised their payout for 50+ years. Even in times of economic disarray, inflation, booms, busts, rising interest rates, recessions, and crashes, they’ve still raised their dividends. If they can survive all of that, and still raise their payouts, these top