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Trading Ideas

3 “Strong Buy” Stocks Trading at Rock-Bottom Prices

Whether markets move up or down, every investor loves a bargain. There’s a thrill in finding a valuable stock at low, low price – and then watching it appreciate in the mid- to long-term. Portfolio growth of that sort is one of the reasons we’re all in the investing game to begin with.So, how are investors supposed to distinguish between the names poised to get back on their feet and those set to remain down in the dumps? That’s what the pros on Wall Street are here for.Using TipRanks’ database, we pinpointed three beaten-down stocks the analysts believe are gearing …read more […]

Newsmakers

Valeo Pharma (OTC: VPHIF) Announces That Hesperco™ Immune Support Has Started Shipping

MONTREAL, Oct. 13, 2020  – Valeo Pharma Inc. (CSE:VPH) (OTCQB: VPHIF) (FSE:VP2) (“Valeo“), a Canadian specialty pharmaceutical company, announced today that it has commenced shipping online orders of its unique flavonoid formulation, HespercoTM. HespercoTM capsules contain a powerful […]

Newsmakers

NexTech’s AR (OTC: NEXCF) Music App AirShow to Feature Offset of Grammy-Nominated Group ‘Migos’ For AXR+EXP Global Virtual Concert Series October 16th

Virtual Concerts and Human Holograms The Next Big Thing in the Entertainment Business VANCOUVER, British Columbia, Oct. 13, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented […]

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Trading Ideas

Citi Posts Biggest Quarterly Profit of Pandemic

(Bloomberg) — Citigroup Inc. posted its biggest quarterly profit of the pandemic after reaping another windfall from trading bonds and expressing newfound confidence in the resilience of its loan book.Traders focusing on fixed income, currencies and commodities posted their best third quarter in eight years, while the firm set aside about $1.5 billion less for bad loans than what analysts had estimated. That helped the bank blunt the impact of regulatory costs and low interest rates.While the trading boon came from a surge in client activity that’s helped Wall Street banks throughout the pandemic, Citigroup’s provisions for loan losses marked …read more […]

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Trading Ideas

JPMorgan Posts Surprise Jump in Profit on Lower Credit Costs

(Bloomberg) — JPMorgan Chase & Co., in its third quarter under the shadow of the pandemic, showed that the surge in trading is holding up — and so are borrowers.The biggest U.S. bank posted a surprise increase in earnings, fueled by a 30% jump in markets revenue as elevated volume kept its stock and bond traders busy. The lender also defied expectations by cutting its reserve for credit losses by $569 million, after adding $20 billion to the allowance in the first half, as charge-offs of bad loans declined from a year earlier.Those improvements and a 9% gain in investment-banking …read more […]