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 [...]
Advanced Micro Devices Inc. Falls on Regulatory Challenges, But AMD is Still a Buy: 3 Reasons Why
Advanced Micro Devices Inc. (AMD) has been informed by US officials that the AI chip they’ve been developing for China will need additional licensing before it can be exported. Shares are down a bit today on this news, but as we’ll explore in just a moment, AMD is still worth buying. The chip in question has been nerfed to [...]
Is Li Auto Living Up to the Hype? While Some Experts Say Buy, VectorVest Shows Otherwise…
The trend toward electric vehicles has paved the way for new companies like Tesla while existing automakers such as Ford, Mercedes, Honda, BMW, and others have all pivoted their manufacturing processes as well to focus on EVs. However, not enough emphasis is placed on the smaller EV makers like Li Auto (LI) - a Chinese automaker that many experts [...]
