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3 “Strong Buy” Penny Stocks That Could Go Boom

August 4, 2020 Editor Comments Off on 3 “Strong Buy” Penny Stocks That Could Go Boom

The stock market has been holding up remarkably well, but why? Against the backdrop of weak second quarter earnings results, investors are piling in on the hope that a COVID-19 vaccine is coming, there will be additional stimulus and corporate profits will bounce back.Morgan Stanley’s chief U.S. equity strategist Mike Wilson believes the U.S. is experiencing a V-shaped recovery, noting that the current state of the market resembles other recessionary periods right before economic expansion took place. He argues that given the possibility of a “tremendous” rise in operating leverage post-pandemic, the increased efficiency will translate to higher profits.Taking this …read more […]

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5 Steps to Building Wealth in Your 60s

August 4, 2020 Editor Comments Off on 5 Steps to Building Wealth in Your 60s

Building wealth in your 60s is a different ballgame than in earlier stages of your life. That’s because there are now pressures to start withdrawing and using your retirement funds.
For many people, age 60 and up is when you start to seriously eat into your wealth. But it doesn’t have to be that way. You can fully enjoy your retirement while continuing to build wealth as you age.
In this article, we will look at how building wealth in your 60s is different than when you were younger. And we will see that building wealth even while beginning to enjoy your …read more […]

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Disney earnings preview: Disney likely swung to a Q3 loss as theme park closures outweighed Disney+ growth

August 4, 2020 Editor Comments Off on Disney earnings preview: Disney likely swung to a Q3 loss as theme park closures outweighed Disney+ growth

Disney (DIS) is set to deliver its fiscal third-quarter report after market close on Tuesday. The results are expected to be ugly, after the coronavirus pandemic hit the company in its most lucrative theme parks, media networks and studio film businesses. …read more […]

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If You Own Sorrento Therapeutics (SRNE) Stock, Should You Sell It Now?

August 4, 2020 Editor Comments Off on If You Own Sorrento Therapeutics (SRNE) Stock, Should You Sell It Now?

Lakewood Capital Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. In the letter, among other things, the fund reported a net profit of 10.7% for Q2 2020. You should check out Lakewood Capital’s top 5 stock picks for investors to buy right now, which could be the […] …read more […]

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If You Own Simulations Plus (SLP) Stock, Should You Sell It Now?

August 4, 2020 Editor Comments Off on If You Own Simulations Plus (SLP) Stock, Should You Sell It Now?

Lakewood Capital Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. In the letter, among other things, the fund reported a net profit of 10.7% for Q2 2020. You should check out Lakewood Capital’s top 5 stock picks for investors to buy right now, which could be the […] …read more […]

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If You Own Ballard Power Systems (BLDP) Stock, Should You Sell It Now?

August 4, 2020 Editor Comments Off on If You Own Ballard Power Systems (BLDP) Stock, Should You Sell It Now?

Lakewood Capital Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. In the letter, among other things, the fund reported a net profit of 10.7% for Q2 2020. You should check out Lakewood Capital’s top 5 stock picks for investors to buy right now, which could be the […] …read more […]