Saturday, April 27, 2024
Cisco Systems (CSCO) has struggled throughout 2020 after shares came in at $48 and are down 7% despite the strong gains observed throughout the tech sector and on the Nasdaq this year. CSCO was once considered one of the “four horseman” of the tech sector throughout the 1990s—along with Dell, Microsoft, and Intel—and one of […]
2020 is in the rearview mirror, and I think we can all agree that it’s a good thing. While last year was certainly interesting for investors, I don’t think anyone wants to relive the other parts of 2020. The year is, of course, marked by the start of the Covid-19 pandemic. But let’s not forget […]
NIO is up another $4 a share with electric vehicle sales soaring. This morning, NIO said it delivered another 7,007 vehicles for December 2020, an increase of 32.4% month over month, and 121% year over year. For the full-year, NIO managed to deliver 43,728 vehicles, a year over year increase of 112.6%. “2020 has been […]
2020 was a huge year for tech stocks, but can it continue in 2021? At least one large trader feels like Invesco QQQ Trust (QQQ) has moderate bullish potential for the first 6 months of the year. QQQ, the Nasdaq-100, set record highs in 2021, but the popular ETF pays a miniscule dividend. The trader […]
Each year I am asked by the MoneyShow folks to submit two stock recommendations for the new year. These recommendations are published on the MoneyShow website as well as mainstream financial websites, such as Forbes. I always put out one aggressive stock pick and one conservative one. Since my focus is the Dividend Hunter, both […]
Bitcoin miner, Bit Digital (BTBT) had an explosive week, with the crypto bull market showing no signs of cooling off. From here, BTBT has the potential to move higher, with analysts saying Bitcoin could rally well beyond $100,000. Citibank for example says we could see $318,000 BTC in 2021. Guggenheim is calling for a valuation […]
Solar stocks have been some of the hottest opportunities on the market. Look at SolarEdge Technologies (SEDG) for example. Over the last few weeks, the SEDG stock price jumped from a Nov. 2020 low of $220 to a recent high of $326.66. From here, the stock could potentially see higher highs on a few big […]
We’ve finally reached the end of 2020, and I don’t think anyone is complaining about leaving this year in the dust. After all, the coronavirus pandemic wreaked havoc across the globe and made life miserable for a vast majority of the world’s population. Let’s all hope that 2021 is going to a much happier year. […]
Before the coronavirus pandemic and resulting financial crisis, I was lukewarm about preferred stocks. For my Dividend Hunter service, I felt that high-yield common shares provided all the opportunity needed to build an attractive income stream. The pandemic-triggered stock market crash and numerous dividend reductions and suspensions pushed me to reevaluate my thoughts about individual […]
Investors ask that question about the stock market including the New York Stock Exchange – sometimes called the NYSE, Nasdaq, and others. This year New Year’s Eve falls on a Thursday: December 31, 2020. The stock market is closed on Friday, January 1, 2021 for New Year’s Day. On New Year’s Eve the stock market […]
