Bridgewater Wagers on These ‘Strong Buy’ Stocks!
For many, competing in the Olympics is the pinnacle of athletic achievement, and it takes years of sweat, toil, and sacrifice to get there but, it is child’s play in comparison to dealing with the stock market. That is, at least, the perspective of Ray Dalio, the billionaire Founder of Bridgewater Associates, the world’s largest…
Affirm Shaping Up to be a Bad Stock for 2023
Perhaps you’re looking for a fintech stock to invest in and hold in 2023. That’s good, but Affirm Holdings (NASDAQ: AFRM) is inappropriate because the company is still grappling with the consequences of pandemic-era over-hiring. I am neutral on AFRM shares because the company’s latest results were underwhelming, and an inflation-driven decline in client spending…
Palladium Could Crash Towards 4-Year Low, as Markets Struggle
It was supposed to be the year of specialty metals. However, palladium is experiencing one of its worst bear markets in history, owing to a slew of uncertainty about inflation and whether central banks responding with ever-increasing rate hikes would tip the global economy into recession. Palladium, a metal principally prized for its role in…
Expensive and Overpriced? Avoid These 3 Stocks!
The stock market offers no guarantees but here’s a near-certainty: investing in expensive stocks that trade for 100 times revenue will lead to disaster. I’ve warned against 81 of them since 2000. In the next year, 73% of those surveyed lost money and 85% underperformed the Standard & Poor’s 500 Total Return Index. Most equities…
Flash Sale for Shopify, Is this Stock Ready for a Massive Rebound?
Upbeat Despite Consensus Miss Whatever happens to the economy in the next year or two, the ubiquity and appeal of online shopping are not about to go away. This presents a tremendous opportunity for Shopify, whose platform powers around 20% of all live e-commerce sites worldwide, and 28% of e-commerce sites in the United States….
Coinbase Shares Keeps Getting Gobbled Up By Cathie Wood; Here’s Why
Following a declining trend in 2022, the Coinbase shares price has been on a march since the beginning of 2023, as cryptocurrencies in general soar. While regulatory concerns may derail the surge, Coinbase stands to benefit in the long run. Cathie Wood has been buying Coinbase (COIN) shares in recent weeks, indicating that she believes…
Looking for Value and a Solid Yield? Checkout – Kimco Realty
Upbeat Despite Consensus Miss The rise in US Treasury yields had a negative impact on REITs in general. Kimco’s reported funds from operations for the fourth quarter were $0.38 per share, falling just short of the consensus analyst forecast. Sales of $435.8 million for the three-month period were above the average projection of $408.4 million….
Travel Stocks Not Scared of the Recession? Try These 3 Stocks!
Because COVID-19 was such a gut punch to the industry, travel stocks have been one of the most difficult areas to invest in in recent years. Travel volume dropped to near nothing almost overnight and has yet to completely recover. While the American Travel Association predicts that pre-pandemic travel volumes will not fully return until…
Carvana Gets a Vote of Confidence From Legendary Investor Geoge Soros!
Carvana has just received a massive amount of support. For several months, the online used vehicle seller has faced worries about its capacity to recapture the growth it saw during the two years of covid lockdowns. Around that time, automobile demand was high, but the automotive sector was plagued by supply chain interruptions. In the…
Scared of the Changing Market Conditions? Consider These Industrial Stocks!
While macroeconomic issues remain unresolved and the threat of a global recession in 2023 still lingers, it may appear that purchasing industrial stocks is not advisable right now. Nevertheless, this uncertainty should not deter you from considering investment opportunities in this sector. In fact, high uncertainties can present favorable opportunities for certain stocks! Many cyclical…
