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What is an Asset?

Most people tend to form a picture of something specific in their head when they hear the word “asset.” It might be a stack of cash or a luxury vehicle, or even a piece of real estate. These answers are all true-to-meaning. An asset is an entity’s property that was acquired or purchased, and has value. This can be physical (cash, inventory), a claim (accounts receivable), a right (copyright, patent) or an assumption (goodwill). Everyone has assets, but not everyone realizes exactly what assets they have or how they’re valued.
If you ever declare bankruptcy (hopefully not), you’ll find out …read more […]

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Trading Ideas

Carrier Stock Forecast: Most Attractive Stock in the Industrial Sector?

Carrier Global Corporation (NYSE: CARR) continues to be one of the leading companies in its industry. In fact, the current Carrier stock forecast is optimistic as many Wall Street analysts are projecting tremendous earnings-growth. The stock is currently up 100% over last year and is already up 27% this year alone.
Back on April 3, 2020, Carrier Global Corporation officially completed its separation from United Technologies Corporation (UTC). And that separation was one of the best things to ever happen to the company. Carrier CEO, David Gitlin, praised the company’s recent success, growth and innovation. “We’re investing in growth and American …read more […]