When a company’s executives and board members voraciously buy their own stock suddenly, it’s worthy of attention. Share purchases by insiders are often viewed as a vote of confidence in a company’s stock. People within an organization have first-hand knowledge of the company’s happenings and performance. Seeing them buy stock can be taken as a
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Financial technology (fintech) companies that focus on online payments and digital financial services have fallen on hard times since the Covid-19 pandemic ended. These companies saw their share prices surge as consumers sheltered-in-place at home and businesses were forced to move their operations online. However, interest in fintech stocks has since declined sharply and the
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If you’re putting together a list of overlooked AI stocks, I wouldn’t try to sneak Nvidia (NASDAQ:NVDA) on it. Even investor neophytes know about CEO Jensen Huang’s obsession with artificial intelligence (AI) and generative AI at the enterprise level. On Sept. 20, Nvidia announced it was expanding its collaboration with Infosys (NYSE:INFY). The partnership will
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The Big 3 is in a labor bind…and some investors are starting to bet against General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler owner Stellantis (NYSE:STLA) as the United Auto Workers strike drags on. Ford, GM and Stellantis are among the top 10 most shorted auto stocks as of Sept. 18, according to research from S3
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Cannabis stocks soared as rescheduling news made waves this month. The Department of Health and Human Services recommended moving the plant from Schedule I to III. Rescheduling opens new vistas for the cannabis industry, including much-needed tax advantages. Likewise, congressional researchers affirmed last week that the Drug Enforcement Agency will likely follow the rescheduling recommendation. Of course,
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In the dynamic world of investing, keeping an eye on innovative sectors is paramount. Few sectors have garnered as much attention as blockchain technology. Blockchain stocks are often overshadowed by the high-flying crypto coins they underpin. They present a fascinating and potentially lucrative investment frontier for the savvy investor. While everyone’s chattering about the latest
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