Wednesday, April 24, 2024
A common warning you’ll hear on Wall Street when a stock is in a major downtrend with no end in sight is not to “catch a falling knife.” This popular investing idiom is often used to describe a risky investment strategy, even if it applies to a bellwether stock. The danger in trying to catch […]
Shares of Hormel Foods (HRL) are down 15% from a 52-week and all-time high north of $52 and is a company that investors might want to consider at a discounted rate. HRL’s products portfolio includes a number of well-known consumer brands, including Spam, Natural Choice, Justin’s, Jennie-O, Black Label, Sadler’s and Columbus. The canned-meat company […]
There are many of ways to invest in copper, whether through specific companies and exchange-traded funds (ETFs), that investors can use to play the longer-term demand for the red metal. The chart below shows copper traded at a record high in May to just below the $4.90 level (per pound) and up from a previous […]
Angenus (AGEN) is a biotech company focused on clinical-stage immuno-oncology, with 17 candidates in development. Nine of those candidates are company owned, while the rest are with partnerships of some well-known drug makers. AGEN also has three experimental vaccines in clinical studies, as well as two adjuvants, which are substances that enhance the body’s immune […]
Shares of Rite Aid (RAD) came into 2021 on a roll after rising from a 52-week low of $8.86 to hit a 52-week peak of $32.48 in late January. Some of the bullishness here was the result of Rite Aid being a so-called “meme stock” that Reddit traders had on their radar. Other meme stocks […]
Sonos (SONO) is a relatively new company that has only been trading on the major exchanges for a few years. In August 2018, the company priced its initial public offering at $15 a share, below the expected range of $17–$19. SONO made a splashy debut on the market, zooming 32% in its first day of […]
Hostess Brands (TWNK) is an iconic brand that has been around for decades and is the reincarnation of the old Hostess Brands. Some of its best-selling products include: Twinkies, Ho-Hos, Hostess Cupcakes, Ding-Dongs, as well as breads and cookies. Which filed for bankruptcy in 2012. A couple of years ago, Hostess Brands bought Voortman Cookies, […]
Given the ongoing talk about rising inflation, some investors are turning to gold as a way to possibly diversify their portfolio. There are many ways to invest in the yellow metal, whether through exchange-traded funds (ETFs) or by buying physical gold. Gold ETFs offer exposure to gold in your investment account without holding the physical […]
TransMedics (TMDX) is a very interesting company that is reimagining traditional transplant therapy for end-stage organ failure and several diseases. Its Organ Care System (OCS) is a novel concept that works better than current standards as its replicates natural living and functioning of an organ outside of the body. The technology keeps donor organs, such […]
ZipRecruiter (ZIP) recently became a publicly-traded company, following its direct listing on the New York Stock Exchange in late May. The debut was a little different from an initial public offering because the company didn’t need the funding as shares came from stockholders. The company offered nearly 87 million shares for resale and didn’t receive […]
