23 08, 2022

This Pension Fund Sold Off Top Tech Stocks to Buy Walmart…Should You Do the Same?

By |2023-12-07T21:16:24+00:00August 23rd, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

A Canadian pension fund (Public Sector Pension Investment Board) recently made dramatic changes to its portfolio. PSP Investments currently manages over $180 billion in assets, so this news has investors scratching their heads, wondering if they should follow suit. After cutting positions in three top tech companies - Apple, Tesla, and Microsoft - they [...]

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19 08, 2022

Target Feels the Effects of Inflation in Latest Earnings Report – 2 Reasons It’s Still Rated a Buy

By |2023-12-07T21:16:25+00:00August 19th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

The second quarter wasn’t kind to many companies, especially retail stores like Target. As inflation continued to heat up, the company saw its profits drop an astounding 90%. While competitors like Walmart are suffering the effects of inflation-weary customers as well, the extent to which Target has been affected is far more significant due [...]

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