Month: August 2018

Check out the companies making headlines before the bell: Coca-Cola – Coca-Cola struck a deal buy Costa, the world’s second-largest coffee chain, from Britain’s Whitbread for $5.1 billion, including assumed debt. Costa has nearly 4,000 locations across a variety of international markets. Lululemon – Lululemon reported second-quarter profit of 71 cents per share, well above
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The tech sector is one of the strongest sectors in the market right now, and the same has held true throughout 2018. Indeed, Goldman Sachs report told investors that the best sectors to invest in right now are tech stocks and financial. Strategist David Kostin wrote, “Put simply, growth will drive technology share prices higher.”
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As Argentina’s currency plungedand interest rates spiked this week, the South American country was at the epicenter of an emerging markets’ financial spiral that is expected to continue well into next year. Argentina’s peso steadied Friday after losing about 20 percent against the dollar since Tuesday as its central bank said it would auction dollar
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U.S. equities moved lower on Thursday — the first decline in five sessions — as optimism around trade talks with Canada are eclipsed by a worsening situation in emerging market currencies. Argentina raised its policy rate by 15% to 60% to try to bolster its falling currency. There are bloodbaths underway in Brazil’s and Turkey’s
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Slow and steady wins the race, as the old adage goes. But slow and steady can be a bit boring. Investors looking for stocks to buy, as a rule, should focus on high-quality, and preferably, lower-risk issues. Still, there’s room in any investor’s portfolio for higher-risk, higher-reward plays — as long as those risks are
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Entertainment stocks have been having a moment in the sun as improvements in technology make content more engaging and more accessible across the globe. While the shifting industry landscape can pose a challenge for large companies that need time to make major strategy shifts, it has also opened the door for others to innovate and
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The U.S. economy looks like it’s getting stronger. Just this week, the GDP for last quarter was adjusted upward to 4.2% for the quarter. That almost doubled GDP in Q1. While that expansion hasn’t filtered down to workers yet, it does show that companies are back on track and hiring. This is looking like the
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After a crowded sports year, which included the Winter Olympics and the World Cup, we’re finally back to what matters — the NFL. Americans love major sporting events, but none resonates more deeply than the National Football League. With the season opener mere days away, it’s time to consider stocks to buy that benefit from
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Cronos Group (NASDAQ:CRON) may not be a household name for most investors, but this Canadian business is one of the largest marijuana companies in the world. It first made headlines in February, when Cronos stock became the first marijuana company to list on the Nasdaq, and it has found itself back at the forefront of
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Every investor makes mistakes, even the Oracle of Omaha, Warren Buffett. That’s the investing wisdom Michael Batnick wants to impart. Batnick, director of research at Ritholtz Wealth Management and author of “Big Mistakes: The Best Investors and Their Worst Investments,” has pinpointed three of the most prevalent and perilous mistakes every investor has made. One
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Shares of athletic apparel brand Under Armour (NYSE:UAA) dropped on Wednesday after Dick’s Sporting Goods (NYSE:DKS) pointed to weakness with the Under Armour brand in its second-quarter earnings report. UAA stock dropped to $20 on the news. Bulls aren’t surprised by this. Under Armour is expanding its distribution channel. Specifically, they are pouring more product
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Momo (NASDAQ:MOMO) stock’s wild ride is continuing. The Chinese social media company has undergone massive surges and breathtaking swoons since the beginning of last year. Now, MOMO stock has begun to recover from a recent dive that was caused by investor uncertainty. Although the risks posed by MOMO stock remain real, the potential opportunity it
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