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3 Monster Growth Stocks That Are Still Undervalued

For growth stocks, Wall Street pros suggest looking at the bigger picture. We mean taking a step back and searching for names capable of rewarding investors for years to come rather than in just the short-term. However, finding these stocks with explosive growth prospects isn’t always easy.That’s where TipRanks.com comes in. Using the platform’s in-depth market data, we were able to zero in on 3 stocks set to see huge gains in the long-run. Having earned enough support from the Street’s analysts in the last three months, all of these names have “Strong Buy” consensus ratings.If that wasn’t captivating enough, …read more […]

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Saudi Aramco Reveals Key Risks Before Giant IPO

(Bloomberg) — Saudi Aramco published the prospectus for what could be the biggest initial public offering in history. The oil giant disclosed a catalog of risks, ranging from terrorism to government interference, the impact of climate change on demand and even currency exchange difficulties.Risk factorsPolitical unrest and acts of terrorism such as the Sept. 14 attacks on the Abqaiq processing facility and the Khurais oil field may “materially and adversely affect” Aramco and the market price of the sharesThe U.S. Justice Against Sponsors of Terrorism Act, known as Jasta, may create anew basis for American nationals to sue Aramco, similarly …read more […]

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Iran's president: New oil field found with over 50B barrels

Iran has discovered a new oil field in the country’s south with over 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country’s proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions. The announcement by Hassan Rouhani comes as Iran faces crushing American sanctions after the U.S. pulled out of its nuclear deal with world powers last year. …read more […]

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Pentagon Gets a Fix for F-35 Bug in $400,000 Pilot Helmets

(Bloomberg) — The U.S. military may have finally found a way to fix a glitch with the world’s most hi-tech helmet used by pilots flying the most expensive fighter jet in history.A bug in the $400,000 helmet display screen used by F-35 aviators caused a green glow when flying in very low-light conditions and is now expected to be overcome by using a different type of semiconductor illumination.The distracting green glow was deemed so critical that restrictions were imposed on some night landings on aircraft carriers, and the fault was classified as a “Priority One” fix by the Pentagon’s test …read more […]

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It's Time for Alibaba to Slay the Monster Jack Ma Created

(Bloomberg Opinion) — Alibaba Group Holding Ltd. should put its Singles’ Day shopping extravaganza out to pasture.The Nov. 11 annual event, which has been going for a decade, started as a marketing gimmick for an upstart e-commerce company looking to draw a crowd. And it did. The 24-hour shopping period, during which Alibaba and its vendors offer big discounts while celebrities (Taylor Swift this year) jet in to entertain crowds, is focused on one number: gross merchandise value, a fancy word for turnover, or the amount of money that sloshes through the cyber cash registers of the company’s e-commerce platforms.GMV …read more […]