If you live in a state with a high income tax rate, the extra taxes need to be considered. One of the reasons I chose to in Nevada when returning from South America – besides the beautiful outdoors – is no state income taxes. The area in which I live is booming as Californians run […]
Trading UBER and LYFT Now That They’re An Election Issue
2020 flipped the investment world on its head. Many stocks that had been investor favorites like UBER and LYFT heading into the year were forgotten in favor of companies that could thrive during a pandemic. To put it simply, the coronavirus pandemic changed the entire investment landscape. One industry that was enormously impacted by the […]
SEDG Stock Price Up Nearly 30% in Past Month on Possible Election Results
With U.S. elections just days away, clean energy stocks have been pushing higher, notably SolarEdge Technologies (SEDG), a longtime favorite here at Investors Alley. Over the last few weeks, shares of SEDG ran from $180 to a current high of $282.88 on the idea Joe Biden could win the election. In addition, he has reportedly […]
Trade of the Week: SNAP
The biggest action in the options market this past week occurred in Snap (SNAP). The social media/video sharing company has become the best-in-class in the industry after posting outstanding growth and earnings numbers this past week. The company is seeing big time ad dollars coming in, as users became increasingly active over the pandemic period […]
Get a Reliable 21% Yield From the Unloved Energy Sector
For 2020, energy has been at the bottom of the list of S&P sectors. Year-to-date, energy as a market sector remains down by over 50%, and the investing public continues to avoid energy company stocks. However, the business of energy has held up well through the pandemic—especially the midstream energy companies. Energy midstream services connect […]
Are Preferred Stocks Safe?
I’m still angry! I recently wrote about our “capitulation”. Tim Plaehn explained: “The yield for passive investors in fixed income products is terrible. Savers and retirees start looking for other ways to make their money grow. Just like you and Jo, many investors have moved into stocks out of necessity rather than desire.” (Emphasis mine) Tim was polite. Why […]
Can CSX Stay On the Right Track?
Going to take a few minutes today to look at a trade and possibly intermediate-term investment idea more likely here in a transportation stock CSX. This is one of the prime railroad companies in the US. We’ll examine today strong evidence that this stock may have higher to go still.
AAPL and The Rollout of the iPhone 12 and 5G
In his inauguration speech on January 20, 1961, President John F. Kennedy famously encouraged Americans to: “Ask not what your country can do for you—ask what you can do for your country.” I’m paraphrasing JFK’s line to explain to you the right way to look at the Wall Street buzz surrounding Apple (AAPL) and 5G: […]
NFLX Stock Price Tumbles After Missing on EPS and Subscriber Growth Estimates
Shares of Netflix Inc. (NFLX) came under pressure this week. after reporting slowing growth in new subscribers, and lower than expected profits. The company added 2.2 million net memberships in the months ending September 30. That’s down from 6.8 million year over year. That also dropped the company’s total subscribers to 195.2 million, which was […]
Here’s Why Presidential Candidate Joe Biden’s Tax Plan is Good for REITs
If Vice President Joe Biden is elected President, his tax plan to increase federal government revenue by $3.0 trillion relies heavily on higher corporate income tax collections. If the plan goes into effect, the higher corporate taxes could give a lift to the stocks of companies that, by law, do not pay corporate income taxes. […]