PNC Financial’s Jeffrey Mills has a message for investors: Resist the urge to play it safe. The firm’s top investment strategist is concerned jitters are driving investors into less profitable or worse — losing — areas of the market. “Folks may have an inclination to do drastic things in portfolios to insulate themselves from higher […]
Now is the time to buy into top-notch tech stocks with robust fundamentals and big growth potential. Multiple factors are weighing on the sector, ranging from Chinese trade tensions to disappointing iPhone X demand. But when prices are low, interesting entry points develop. With this in mind, we used TipRanks’ stock screener to pinpoint the […]
Asian stocks posted cautious gains on the last trading day of the month. South Korea’s benchmark Kospi index gained 0.58 percent, with gains seen in banks, retailers and steelmakers in the morning. Technology names were mixed in early trade. Down Under, the S&P/ASX 200 edged higher by 0.19 percent as the heavily weighted financials subindex […]
We all have stocks that we regret not buying, or perhaps buying and selling too soon. For many investors looking back over the past few years, NVIDIA (NASDAQ:NVDA) is one of those stocks. Shares of the graphics-chip specialist have skyrocketed more than 1,500% over the last five years alone, including a 116% gain since this […]
Earnings season was front-and-center this week, with two major tech companies seeing their stocks make big moves after their earnings reports. Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN) have risen about 9% and 3.4% since they reported their latest quarterly results this week, respectively. Beyond earnings, another interesting story from tech this week was an initial public […]
Chinese conglomerate Alibaba has been a big winner since its monstrous initial public offering back in 2014. The stock has gained nearly 160% from its IPO price, bringing its total market capitalization to around $450 billion. Can Alibaba continue to provide such outsize returns in the future? Maybe. But if you want some alternatives that […]
Because of the market’s turbulence, many retirees avoid stocks. That could be a mistake. The average retirement lasts about two decades in the U.S. That’s a long time to have to self-fund expenses, and stocks are hands down the best-returning asset class over time. Reducing unnecessary volatility is nevertheless important, and owning steadily growing businesses […]
Over the past several weeks, one of the biggest questions in the U.S. stock market was whether major internet and technology companies were at the end of a major multiyear rally, one that single-handedly lifted the broader market over the course of 2017. While the stocks — known by the acronym FAANG, which stands for […]
Investors pulled the most money out of U.S. stocks in February since the early days of the financial crisis. Outflows from U.S. equity mutual funds and exchange-traded funds totaled $41.3 billion in February, according to the Investment Company Institute. That’s the most by a dollar amount since a $42.8 billion outflow in January 2008. The […]
U.S. stock benchmarks closed out Friday little changed, and booked modest losses, as investors expressed muted enthusiasm following strong corporate results, even from some of the market’s biggest and most influential companies. Three large-capitalization internet and technology companies reported better-than-expected results, and while the stocks mostly gained in response, they ended well off their highs […]
U.S. stocks finished with a split decision Friday after a wobbly day of trading. Amazon led a rally among retailers, but Exxon Mobil dragged energy companies lower to end an uneven week on Wall Street. So far the first-quarter earnings season has been a strong one for U.S. companies, but it hasn’t thrilled investors. On […]
Chip stocks soared Thursday on the heels of positive earnings from Qualcomm and Advanced Micro. Some traders expect the rally to get even hotter when blue-chip behemoth Intel reports Thursday after the bell. Intel is set to report first-quarter earnings after the bell on Thursday, and the options market is implying a 5 percent move […]
