Trading Ideas

Back on July 13, I wrote a Trade of the Day article called “Camping Stocks Could Give Post-COVID Wins.”
For a quick review, here’s what I said…
As the pandemic has taken people off hotels and planes, the result is that socially distanced outdoor holidays are enjoying a major popularity surge – lead by camping and “glamping” (a higher-end camping experience).
Some campsites are reporting a 400% spike in business, which makes the case for an increase in sales of tents, sleeping bags, camping furniture and cooking equipment.
And since the bulk of the demographic is coming from growth among families and 21- to …read more […]

Good things come to those who wait. For long standing Qualcomm (QCOM) investors the wait appears to be over.That’s not to say the past few years have been disastrous by any means; Qualcomm is after all the world’s largest mobile chipmaker. Yet, Qualcomm’s market performance hasn’t even closely resembled that of other all-conquering peers in the semiconductor sector, such as Nvidia, TSMC or AMD.However, a flurry of recent positive developments is quickly changing sentiment around this industry giant. The resolution of a Huawei patent licensing dispute and a recently overturned loss in Qualcomm’s favor from a 2019 antitrust case brought …read more […]

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. added Barrick Gold Corp. to its portfolio in the second quarter, sending shares of the world’s second-largest miner of the metal surging.Berkshire took a new position in Barrick, buying 20.9 million shares, or 1.2% of the company’s outstanding stock, with a current market value of $565 million, according to a regulatory filing on Friday. The filing shows moves made by Buffett or his two investing deputies, Todd Combs or Ted Weschler.In the past, Buffett, the billionaire chairman of Berkshire, cautioned against investing in the metal because it’s not productive like a farm or …read more […]

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They will make the same argument to the IRS, DraftKings CEO Jason Robins made clear on Yahoo Finance Live on Friday morning. …read more […]

Yahoo Finance’s Julia La Roche joins The Final Round to break down Berkshire Hathaway’s quarterly holdings report, revealing a new position in Barrick Gold Corporation and a reduced stake in JPMorgan shares. …read more […]

Tesla shares finished in the green on Friday, extending its gains for the week, following two surprising upgrades. The first came from Morgan Stanley’s Adam Jonas, who raised his price target on the stock to $1,360 and boosted his rating to equal weight, on “increased conviction” in Tesla’s ability to unveil a suite of capabilities on its upcoming Battery Day. Similarly, Bank of America upgraded its investment rating from underperform to neutral and raised its price target from $800 to $1,750, as it thinks Tesla’s “growth” story will support the stock.
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Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) stock moves for the second-quarter are out. …read more […]

Over the last few years, the rewards have kept on coming investors’ way. The S&P 500, considered a representation of the broader stock market, is up 16.5% over the last 52 weeks. In addition, the index has posted an average gain of 10.2% and 15.3% per year over the last five and ten years, respectively. So, everything seems hunky-dory on Wall Street.Unfortunately, this is not actually the case. According to Dalbar, a financial services market research firm, the average investor typically earns significantly less than the market. For example, over the 30-year period through 2019, the S&P 500 returned an …read more […]

Rates have jumped to their highest levels in months, but you can still get a bargain. …read more […]

On Friday, numerous pharmaceutical companies – Novavax, Johnson and Johnson, and AstraZeneca – came forward with announcements about vaccine deals with several countries. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

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Yahoo Finance’s Anjalee Khemlani and Zack Guzman discuss COVID-19 vaccine maker Curevac’s public debut and the UK Government signing vaccine deals with J&J and Novavax. …read more […]

Splitsville has a new resident by the name of Tesla (Nasdaq: TSLA) . But unlike celebrity breakups, the Tesla stock split has an impact beyond making the cover of checkout aisle gossip magazines.
The electric vehicle maker’s board just approved a five-for-one split of the company’s stock. This is newsworthy for two major reasons. One is that stock splits have grown much less common in recent years… Due at least in part because high stock prices are a badge of honor. The other reason is the announcement of the stock split has triggered a substantial boost in share price.

Tesla’s stock price …read more […]