“Better-than-expected first-quarter earnings and its $250 million acquisition of an ad-tech company are reason enough to buy the stock,” said the firm, as reported by Barron’s. With that, analyst Ryan Gee upgraded the stock to a buy rating, with a new price target of $13.50. With regards to earnings, as noted in the company’s press […]
Are Stock Buybacks Good For Dividend Investors?
As I review 2021’s first-quarter earnings results, I have been struck by how company after company announced new or increased share buyback programs. Companies describe buybacks as “returning cash to shareholders.” I think that is a load of crap, and I have several thoughts on why widespread stock buybacks are a terrible idea. Alphabet Inc. […]
If Not Now – WHEN??
My grandfather was a WWII Army Sargent, an uneducated farmer with a Ph.D. in common sense. One of the lessons he preached; the longer you ignore a problem, the more it will grow. Fed Chairman Jerome Powell never met my grandfather. This Schiff Gold article confirms my grandfather’s thinking: (Emphasis mine) “During a webinar sponsored by the […]
3 trades to make ASAP to stay in the black in May
Last week, I released a video talking about how we’re likely to see a choppy May… And already we’re seeing it. Just in the last few days… S&P was up 3 points in April…then I posted my video and now it’s down a point. More could be coming. In fact, I believe a 5-10% drop […]
WY Stock Price Trending Higher on Lumber Price Inflation
Weyerhauser (WY) is trending higher, as lumber costs increase. May 2021 lumber futures now up to $1,500.05 per thousand foot board, reports The Wall Street Journal. Not only is that an all-time high, but it’s about four times the typical price this time of year, they added. Also, according to Fortune, “Lumberyards and homebuilders alike […]
What Are Qualified Dividends, and How Do They Affect Taxes?
All dividends are a plus, but earning qualified dividends means fewer taxes. Read on to better understand qualified vs. ordinary dividends.
These Could Be the Hottest Dividend Stocks Right Now
Over the last six months, different high-yield sectors have caught up with the broader market’s gains kicked off a year ago. Higher share prices mean lower yields for income-focused investors, and with most of these stocks, current yields are markedly lower than they were a few months ago. I have recently reviewed exchange-traded funds (ETFs), […]
LTHM Stock Price Pullback Gives Traders An Opening Before the Next Big Move
Livent (LTHM) is a pure play and vertically integrated producer of high-quality lithium products, most notably in the energy storage and electric vehicle markets. Along with lithium compounds and metals, LTHM produces lithium-ion batteries, which play a major role in the mobile phone and electric vehicle industries. Given its array of products, LTHM is a […]
One Way to Earn Extra Cash from Financial Stocks
The economy may be improving, but last week’s Federal Reserve statement made it clear that there will be no tapering anytime soon. In other words, the Fed will continue to purchase bonds, and interest rates will remain near zero. It’s not all that surprising as the Fed has made it clear they don’t want to […]
Here’s Why NIO’s Stock Price Is Moving Again
Electric vehicle stocks, like Nio (NIO) are accelerating with several key catalysts. For one, the world is spending billions to cut emissions. The U.S. just pledged to greenhouse gas emission by nearly half over the next 10 years. Europe wants to cut CO2 emissions by up to 55% by 2030. China says it’ll stop releasing […]