Marvell Falls 7% on Q1 Guidance, But Long-Term Prospects are Upbeat: 3 Things For Investors to See
After delivering a lackluster outlook for the fiscal first quarter of 2024, Marvell Technology (MRVL) is down 7% in Friday morning trading. The company has surged over the past year thanks in large part to the AI craze, but the rest of the business is struggling. For the fiscal fourth quarter, overall revenue came in at $1.43 billion which [...]
The Best Aggressive Growth Stocks
The allure of fast-growing stocks is compelling, as these companies promise substantial returns and a dynamic edge when building a stock portfolio. Yet, pinpointing the top growth stocks and trading them at the right time poses a formidable challenge, often requiring extensive research and market insight. That’s where we come. We’ve curated a list of the best aggressive growth stocks [...]
Victoria’s Secret’s Weak Sales Guidance Sparks Investor Concern, Shares Fall 30%: Time to Sell?
Victoria’s Secret (VSCO) is down more than 30% so far Thursday after issuing a sales guidance that fell short of analyst expectations. The company is now forecasting net sales in 2024 of $6 billion. Meanwhile, the expectation on Wall Street was at least $6.19 billion. This cautious forecast is being attributed to a drop in demand across the apparel [...]
Stocks Tumble After Magnificent 7’s Poor Performance and a Negative Market Sentiment
Day-to-day market observations can be exhausting when the markets were red on March 5th, then extend significant gains in the early session on March 6th. The losses experienced yesterday can be attributed to Apple and Tesla’s disappointing news alongside mixed data from the US. Although the US market has seen extended gains in the first few months of the [...]
Crowdstrike Climbs 15% on Earnings, Outlook, and Acquisition: Plus, 2 Other Reasons to Buy CRWD
Shares of Crowdstrike (CRWD) are up more than 15% Wednesday morning after the company delivered Q4 earnings that topped analyst expectations on both the bottom and top lines. The company also announced news of an acquisition alongside its guidance for the year ahead. The cybersecurity company brought in revenue of $845 million, a 33% growth year over year. The [...]
The Best Blue-Chip Dividend Stocks to Buy Now
Finding the best blue-chip dividend stocks is a cornerstone of many sound stock investment strategies, offering both the potential for stable income and long-term capital appreciation. These stocks represent well-established companies with a history of financial robustness and consistent dividend payouts, making them a sought-after option for investors aiming to balance risk and reward. However, selecting the right stocks from [...]