Beyond these hot stocks, the markets have certainly climbed a wall of worry since the coronavirus pandemic hit the U.S. last year around this time. And there are some sectors where investors are now rotating out of, looking for the next leg up in the markets. That certainly makes sense. […]
Stocks
The latest round of stimulus checks started hitting our bank accounts this past week. For many, they will provide relief as well as stimulate the economy. But another way to make the most of that added income is to invest a portion of it in stocks that can help pay […]
NEW YORK (AP) — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs. On March 23, 2020, the S&P 500 fell 2.9%. In all, the index dropped nearly 34% in about a month, wiping out three […]
By STAN CHOE, AP Business Writer NEW YORK (AP) — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs. On March 23, 2020, the S&P 500 fell 2.9%. In all, the index dropped nearly 34% in […]
On Feb. 23, Jerome Powell, Chairman of the Federal Reserve, reemphasized the central bank’s commitment to the current loose monetary policy. He noted that inflation and employment levels are still far below their targets, and interest rates should remain low. Despite this, concerns about increasing inflation and the subsequent dive […]
Investors often focus too much on what they think will happen later this month or next year. Case in point: In 2020, the masses flocked to stay-at-home stocks that soared as the pandemic forced people to spend more time at home. But when you want to build wealth, you’ll be […]
The ‘Fearless Girl’ bronze sculpture outside the New York Stock Exchange. Michael Nagle/Bloomberg Text size “Peace of mind for your savings and your future,” promised a bulk-rate envelope in my mail pile this past week. It was a bank pitch for a “high-yield” savings account paying 0.5% a year—“10X the […]
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An illustrative image of medical syringes in front of a Airbnb logo displayed on a screen. On … [+] Monday, January 18, 2021, in Dublin, Ireland. (Photo by Artur Widak/NurPhoto via Getty Images) NurPhoto via Getty Images Airbnb (NASDAQ: ABNB) stock has rallied by almost 55% since the beginning of […]
Amid the violent economic disruptions of COVID-19, a flurry of high-priced (and possibly overvalued) year-end IPOs, and other 2020 events, a few stocks have “slipped through the cracks” when it comes to Wall Street and general investor attention. While these neglected stocks may seem to be gathering dust and cobwebs […]
If you’re like me, you’ve got a whole pile of loyalty and affinity cards for hotels, airlines, and stores. That stack’s too thick to fit in my wallet, so I park the plastic in my office drawer, wrapped in a rubber band, and pluck out what’s needed for a flight […]
For many Americans, the stimulus checks they are receiving from Washington will help them to cover bills, pay down debt, and rebuild depleted savings. But if you are fortunate enough that you have those immediate needs covered, you might want to consider investing this minor windfall. If that’s the case […]
It’s a new year and investors are looking ahead to the coronavirus recovery. Stocks that were hit hard last year have already started bouncing higher this year, including those in banking and energy, as investors anticipate another stimulus package from the incoming Biden administration. Airline stocks were crushed last year: […]
rypson / Getty Images The stock market can be volatile, but historically it’s also been a great way to build wealth. Although the long-term average return of the stock market has been almost 8%, individual stocks can provide explosive growth. Take Tesla, for example, which skyrocketed nearly 700% in 2020 […]
Most investors had surprisingly robust returns last year. They bought good companies that turned out to be great stocks. They also bought bad companies that turned out to be great stocks. Booking Holdings (NASDAQ:BKNG), Intuitive Surgical (NASDAQ:ISRG), and Lyft (NASDAQ:LYFT) are three investments that moved higher in 2020 even as their […]
Text size Passengers waiting at the Southwest Airlines counter at Ronald Reagan Washington National Airport. Daniel Slim/AFP via Getty Images Investors who buy airline stocks may now have to endure some pain and take a “leap of faith” that revenues will recover sharply in the second half of the year, […]
As the next round of stimulus checks starts to roll out, many Americans are excited to pay off their debts and boost their savings. However, many of the recipients of these checks aren’t necessarily in dire economic situations, which means they will have a little more disposable income than usual. […]
With 2020 drawing to a close, many long-term investors are starting to ask themselves, “what’s next?” That’s because today feels much like the year 2000 — a decade that began with great hopes for tech companies like AOL, Yahoo and Xerox, but ended with a reckoning. In fact, the tech-heavy […]
Zoom Video Communications ZM is undoubtedly one of the biggest gainers of the coronavirus-induced lockdowns, shelter-at-home guidelines and social-distancing trend. The stock has skyrocketed 464.2% on a year-to-date basis. Demand for this currently Zacks Rank #3 (Hold) company’s cloud-native unified communications platform, which combines video, audio, phone, screen sharing and […]
Text size Stocks were falling Monday after a new strain of Coronavirus was identified in the U.K., prompting fresh travel restrictions. The decline comes even as Congress finalizes a fiscal stimulus package. Futures on the Dow Jones Industrial Average were down 436 points, or 1.5%. S&P 500 futures had fallen […]
Okta OKTA has been one of the most fabulous software growth stories in 2020 so far. The company has been benefiting from robust demand for identity management services globally, triggered by the work-from-home wave. This $33.65-billion company has seen its share price surge 135.3% year to date. Notably, Okta Identity […]
This year was a historic year by pretty much all measures—and that includes the stock market. To those like LPL’s Ryan Detrick, the market’s wild moves in 2020 can be summed up in one word: “Unbelievable,” he tells Fortune. “This is going to be the first year in history that […]
There was a great deal of talk on travel stocks this year. Many new, young investors targeted hard-hit cruise ship and airline stocks, jumping at the chance to buy cheap shares after the COVID-19 pandemic hit. Going into January, we are going to have a clearer picture on the progress […]