Spotify Jumps 10% on Earnings Beat, But It May Not Be Time to Buy This Stock Just Yet…
Spotify (SPOT) sent ripples throughout the stock market this morning after surprising everyone with its first quarterly profit in the past year while analysts were expecting a loss. The Sweden-based streaming service grew sales by 17% year over year, reporting a figure that equates to $3.57 billion - just narrowly outperforming the analyst consensus of $3.53 billion. This resulted [...]
Walgreens is Up 3% On Excitement Over New CEO & Bullish Outlook – VectorVest Still Says Sell
Shares of Walgreens Boots Alliance (WBA) started Monday morning trading strong with a 3% gain thus far. The stock has been battered in both the short and long term, but there is hope that new CEO Tim Wentworth will turn things around for the company. According to Lisa Gill, analyst at J.P. Morgan, today marks a new beginning for [...]
Perdocoe Education Corporation Jumps 70% in Past Year With a Recent Yearly High: Is Now the Time to Take a Position?
By Leslie N. Masonson, MBA Perdocoe Education Corporation (PRDO) is a Nasdaq-listed firm headquartered and incorporated in Schaumburg, Illinois in 1994 with 2,400 employees. It was formerly known as Career Education Corporation when the name was changed in January 2020. The company offers postsecondary education to almost 34,000 individuals using three approaches: online, campus-based, and blended learning to their [...]
Buy the Dip vs Buy and Hold: Which Strategy is Right For You?
New investors come to a crossroads in choosing their strategy: buy the dip vs buy and hold. Each comes with its distinct advantages and challenges, but only one is right for you. So, which is it? Are you someone who jumps in when the market seems to be on sale, eager to capitalize on temporary price fluctuations and earn high [...]
Understanding Bullish Leveraged ETFs – Part 1
by Leslie N. Masonson, MBA In 2006, a handful of equity leveraged ETFs came to market. And over the years the number has expanded to the current 154 with assets under management of $70.3 billion with an average expense ratio of 1.03%. They come with various levels of leverage from 1.5, 2 and 3 times their underlying benchmark. There [...]
Tesla Drops More Than 15% on Poor Earnings and Production Concerns: Time to Sell TSLA Stock?
Tesla (TSLA) delivered earnings for the third quarter yesterday, sending shares more than 10% lower in a single day and reaching its lowest point in more than 2 months. The stock continued that trajectory into Friday’s trading session and is down 5% so far this morning. While revenue did climb 13% year over year for the quarter, the $23.4 [...]
