Month: August 2020

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Trading Ideas

Barrick Gold Stock: Is it a Good Investment?

August 25, 2020 admin Comments Off on Barrick Gold Stock: Is it a Good Investment?

Barrick Gold Corp. (NYSE: GOLD) is the second largest gold mining outfit in the world. And amidst economic uncertainty, Barrick Gold stock grabs the attention of a lot of investors.
And it’s not just gold bugs that diversify their portfolios with the precious metals sector when things go sideways. Even investors known for their anti-gold sentiment sometimes look to gold for stability amidst uncertainty…

For instance, a couple decades ago, Warren Buffett had this to say about gold:
“(It) gets dug out of the ground in Africa or someplace. Then we melt it down, dig another hole, bury it again and pay people …read more […]

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3 “Strong Buy” Dividend Stocks Yielding at Least 5%

August 25, 2020 admin Comments Off on 3 “Strong Buy” Dividend Stocks Yielding at Least 5%

With markets on an upward trend now would seem an odd time to shift toward dividend stocks. But there are advantages to this traditional defensive play. Dividend stocks will provide some portfolio protection should markets fall again. While they tend to show less share appreciation than the average, they also show less depreciation in down times. And, a reliable dividend always pays out – in good times and bad.So, let’s look at dividend stocks. The TipRanks Dividend Calendar makes it easy to locate the market’s dividend champs – those stocks with Strong Buy ratings from the analyst community, high upside …read more […]

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American Airlines says workforce will be 40,000 smaller in October without aid

August 25, 2020 admin Comments Off on American Airlines says workforce will be 40,000 smaller in October without aid

American Airlines said on Tuesday its workforce will shrink by 40,000, including 19,000 involuntary cuts, in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls. Airlines received $25 billion in U.S. government stimulus funds in March meant to cover payrolls and protect jobs through September. Including voluntary exits and leaves as well as forced reductions, American’s workforce will shrink to around 100,000 in October from the 140,000 it employed in March. …read more […]

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Is Salesforce Stock a Good Investment?

August 25, 2020 admin Comments Off on Is Salesforce Stock a Good Investment?

Salesforce stock is trending in the right direction as one of the world’s leaders in customer relationship management. In addition, a major overhaul of the Dow Jones Industrial Average may be the key to this shift.
The cloud-based software company is certainly on the rise. And recent earnings reports suggest there’s no signs of it slowing down. But, how far can this blue-chip stock go with Dow’s exposure?

Salesforce Stock Breakdown and History
Salesforce (NYSE: CRM) has somehow flown under the radar for quite some time, but it hasn’t always been that way. The company’s initial public offering (IPO) came in 2004 and …read more […]