I take most predictions concerning future business conditions with a grain of sand. Every investor and every pundit in the investing world tries to guess what will be the “next big thing.” The hot idea of 2018, cannabis investing, has crashed and burned. I don’t see 5G as coming through for investors looking for the […]
SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations
Sonic Automotive (SAH) recently updated investors with information on the return of customers after the COVID-19 shutdown. The company previously announced that it would be working to reduce costs during the pandemic, to address cash flow needs. On the cost reduction front, management reported SAH has now cut $7 million in expenses per month, and […]
Make 9.7% On America’s Most Notorious Bank
Despite plenty of volatility in the market, it hasn’t been any easier to generate income for your portfolio. Yields are still ultra-low for most fixed income instruments. Moreover, many high-yield dividend stocks have slashed their dividend payments. Regarding dividend stocks, buying and holding them is certainly not an unreasonable way to generate yield. The best […]
APT Stock Price gains 70% in Recent Weeks on Uptick In New Coronavirus Cases Reported
With the coronavirus still wreaking havoc, shares of Alpha Pro Tech (APT) ran from a low of $10 to $17.70 in recent weeks. All as the coronavirus forces the world to demand more face masks. APT has been the “go-to” stock for investors looking for profits in the personal protection equipment (PPE) space outside of […]
The Dividend Payer That’s Up 3,000% And You Probably Didn’t Know It Pays Dividends
It feels like COVID-19 is stealing summer. With businesses closed, large gatherings banned, and no baseball (yet), we are in July, but it does not feel like summer should feel. However there is one traditional Fourth of July event that has not been canceled and may help you get that summer feeling. Nathan’s Famous International […]
[Video] The Dividend Payer That’s Up 3,000% And You Probably Didn’t Know It Pays Dividends
It feels like COVID-19 is stealing summer. With businesses closed, large gatherings banned, and no baseball (yet), we are in July, but it does not feel like summer should feel. However there is one traditional Fourth of July event that has not been canceled and may help you get that summer feeling. Nathan’s Famous International […]
Trade of the Week: Facebook
The market is experiencing a resurgence of volatility, adding to the already very active options market. Last week, the bears finally caught up to Facebook (FB). The social media platform’s share price dropped 8% in one day, with options trading over 1 million contracts. The selloff came courtesy of Verizon (VZ), which decided to pull […]
DKNG Shows Sports Betting is Back, But This Time With Wall Street Flair
Baseball is back, with a deal for a 60-game season just announced. Professional golf is back. Nascar has been back for several weeks. Professional tennis, though off to a rocky start, is back. And, sports betting is back. Which means companies like DraftKings (DKNG), which runs an online sports betting platform, is back in business. […]
NIO Stock Price Holds Around $7.00 With Investors Positive Following Liquidity Injection
NIO Inc. (NIO) just announced that the investors completed the cash injection obligations for the first two installments of their investments in NIO China. NIO (Anhui) Holding Co., Ltd., received from the investors RMB4.8 billion out of the RMB5 billion of cash investments for the first two installments. The remaining RMB200 million of the first […]
Use These 3 Preferred Shares to Protect Yourself Against Future Dividend Cuts
The recent stock market crash that hit investors of index funds like SPY, opened up a new, attractive asset class for income-focused investors. Dividend cuts and suspensions have hit more than 25% of stocks in the typical high-yield sectors such as REITs, business development companies, and energy infrastructure stocks and a high number of stocks […]