Apple Has Struggled So Far This Year, But Here’s Why Investors Should Hold Their Position…
It’s been a tough stretch thus far through 2024 for Apple (AAPL), which is down more than 6% year-to-date. Meanwhile, the S&P 500 index is up 8%. So what’s going on with this stock, and should you be concerned as an AAPL investor? One analyst thinks it’s just a matter of investors not realizing just how impressive the company’s [...]
Despite Robinhood’s Recent Downgrade, We Still See 3 Reasons to Buy HOOD Today
Robinhood (HOOD) has been on a tear through 2024 so far, up more than 43% year-to-date fueled by an uptick in retail trading, particularly for Bitcoin. However, one analyst believes that this trend is poised to reverse and has changed his outlook from neutral to sell as a result. Citi analyst Christopher Allen says that HOOD has been driven [...]
Dividend vs Growth Stocks: Which Should You Invest in?
Whether you’re building a stock portfolio from scratch or looking to pivot your stock investment strategy, choosing between a dividend vs growth stocks is a crucial consideration. Each offers a distinct approach to building wealth. Dividend stocks attract investors through regular income payouts and the potential for compounding returns, while growth stocks entice with the promise of substantial capital appreciation [...]
Hot CPI Data Causes Market to Spiral and Indicates 2 Rate Cuts in 2024
Monday was momentous because of the eclipse boosting hopes and dreams of disinflation, and Wednesday started with a downer because of higher-than-expected CPI data. The inflationary data came in hot, with every reading coming in above estimates, sending the market into a significant dip. Let’s dive into anticipation, the reaction, what it means, and how it changes the future [...]
Delta Air Lines Delivers on the Top and Bottom Line Thanks to Strong Travel Demand: Time to Buy DAL?
Delta Air Lines (DAL) delivered first-quarter earnings that came in above what analysts were expecting thanks to strong travel demand for the quarter. Better yet for shareholders, the airliner expects this trend to continue into the quarters ahead. The company brought in revenue of $12.6 billion, a record for the first quarter, compared to the $12.5 billion analysts expected. [...]
BP Will Counter Currency Challenges & Price Slumps With Volume: Time to Buy BP Stock Today?
British oil major British Petroleum (BP) is up against a few different challenges right now, ranging from currency fluctuations to a dramatic drop in price for oil and gas. These could take as much as $1.2 billion away from the bottom line in a worst case scenario. However, the company quelled investor fears by saying that its uptick in [...]