Year: 2020

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Nokia Stock Is a Long-Term Play, Says Top Analyst

May 5, 2020 admin Comments Off on Nokia Stock Is a Long-Term Play, Says Top Analyst

Nokia’s (NOK) strong customer base and upcoming role in the global rollout of 5G networks should see it through COVID-19. So says Canaccord analyst Michael Walkley. The 5-star analyst backs the Finnish telecom equipment maker to deliver “longer-term higher margin growth.”Walkley reiterated a Buy rating on Nokia shares, along with a $5.50 price target. Expect upside of a handsome 55%, should the analyst’s thesis play out in the coming year. (To watch Walkley’s track record, click here)So, what’s behind Walkley’s confidence? First of all, solid Q1 results, despite COVID-19 related China supply disruption resulting in a miss on the topline. …read more […]

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READ THIS: Why You Should Avoid Bond Funds

May 4, 2020 admin Comments Off on READ THIS: Why You Should Avoid Bond Funds

Americans are saving more. We’re holding more cash and moving to safer assets, like bonds and gold. But here’s why you should avoid bond funds – and do this instead. We’re going to look at both types of bonds: investment-grade and junk bonds.
From Baltimore – Thanks to the coronavirus crisis, Americans are saving more than they have at any time since 1981. The U.S. Bureau of Economic Analysis reported last week that the savings rate surged to 13.1% in March, up from 9% in February. Collectively, we’re now holding more than $2.2 trillion in savings.
That would seem to be a …read more […]

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Were Hedge Funds Right About CrowdStrike Holdings (CRWD)?

May 4, 2020 admin Comments Off on Were Hedge Funds Right About CrowdStrike Holdings (CRWD)?

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]