Month: September 2020

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]

…read more […]

* Insider buying can be an encouraging signal for potential investors during periods of uncertainty. * A number of chief executive officers were putting their money where the mouth is and buying shares last week. * Health care companies were well represented among last week’s most notable insider buys.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued …read more […]

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about; interested in; or thinking about when they are managing and building their personal portfolios.What Are FAANG Stocks?The term FAANG stocks refers to five of the most popular tech stocks traded on the NASDAQ and NYSE.This week we posed the following question related to FAANG stocks: Over the next five years, which stock will have the largest percentage gain? * Facebook, Inc. (NASDAQ: FB) * Amazon.com, Inc. (NASDAQ: AMZN) * Apple Inc. (NASDAQ: AAPL) * Netflix, Inc. (NASDAQ: NFLX) * …read more […]

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This past week’s bullish calls included pharmaceutical and package delivery leaders. * Tech giants and top airlines were among last week’s bearish calls.The stock market started last week with a bit of a facelift, and it turned out to be another volatile week, with Dow Jones industrials and the S&P 500 ending around 2% lower and the Nasdaq down more than 3%. It was also a week that saw the headlong race for a coronavirus vaccine continue, as well as jobs …read more […]

The push to work from home may have accelerated the exit out of Silicon Valley for now, but tech startups that remain are turning to a different type of workforce: remote workers overseas.

As more and more companies adjust to a distributed reality, founders say they are increasingly looking outside of the United States to tap into a global talent pool, largely untapped by big tech. …read more […]

UnitedHealth Group Incorporated (NYSE:UNH) is about to trade ex-dividend in the next 4 days. Ex-dividend means that… …read more […]

Have stocks reached an impasse? For the last six months, the market has bounced back in a V-shape despite the havoc COVID-19 has wreaked, spurring an unprecedented economic and financial backdrop. Standing at the front of the pack has been the tech sector, with the space holding up strong. That is, until a few days ago. According to Bespoke Investment Group, Thursday September 3 marked the Nasdaq’s largest one-day drop from a record high in its history. The following session also saw the index land in the red. Weighing in on the decline is five-star analyst Daniel Ives, …read more […]

On CNBC’s “Options Action,” Tony Zhang suggested that investors should consider a bullish options strategy in Apple Inc. (NASDAQ: AAPL). He believes that the sell-off is going to be contained with the volatility we have seen over the past couple of days.Zhang thinks Apple’s chart is strong, relative to the market and to the tech sector and he thinks it has one of the strongest fundamental outlooks within the tech sector. The stock traded below its 20-day moving average, which Zhang sees as a bullish sign.To make a bullish bet, Zhang wants to sell the October $115/$105 put spread for …read more […]

A viewer of CNBC’s “Options Action,” asked the trading panel a question about FedEx Corporation (NYSE: FDX). The company is going to report earnings on Sept. 15 and the viewer, who sold the October $210/200 put spread in FedEx, wants to know what to do with the position going into earnings.Tony Zhang said he likes FedEx as it held up pretty well during the sell-off. Regarding the position, Zhang thinks that the viewer’s actions depend on his cost basis. If he has already collected more than 50% of the maximal profit on the put spread, it’s time to take profits. …read more […]

Shares in SRAX spiked as much as 37% in Friday’s extended market session after the digital marketing and consumer data technology company announced plans to acquire LD Micro, a data and event company serving the small and micro-cap space.The stock soared to as much as $3.91 on the news in Friday’s after-market session. Financial terms of the deal weren’t disclosed, but it is expected to close next week. SRAX (SRAX) has developed into a financial technology company that unlocks data and insights for publicly traded companies. Through its investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors …read more […]

Dynacor Gold Mines Inc. (TSE:DNG) shareholders might be concerned after seeing the share price drop 16% in the last… …read more […]

Camping World Holdings, Inc. (NYSE:CWH) stock is about to trade ex-dividend in four days. Ex-dividend means that… …read more […]

Here are some of the past week’s most popular downstream-related articles on Rigzone. …read more […]

Billionaire Warren Buffett’s Berkshire Hathaway disclosed on Friday that the investment conglomerate has slashed its stake in US lender Wells Fargo & Co to 3.3%.According to a SEC filing, Berkshire (BRK.A) now owns about 137.6 million shares in Wells Fargo, worth $3.4 billion, down from the 237.6 million shares it owned as of the end of the second quarter. The US lender’s shares were down almost 1% in Friday’s after-market session.Wells Fargo (WFC) stock has been hit hard, diving 54% so far this year as the US investment bank grapples with the financial fallout of the coronavirus pandemic and recent …read more […]