Tag: Investment

Oil, Gas Outperform ESG as Sustainable Investing Peaks

Oil and gas stocks outperformed fashionable environmental, social, and governance (ESG) companies in 2021. Despite getting hammered in the early days of the global health crisis, energy businesses have returned to prominence over the last year. Exxon Mobil climbed about 50 percent, Chevron advanced roughly 40 percent, ConocoPhillips soared 70 percent, and Suncor surged 42…


Read Why This Fund Manager Sees ViacomCBS Cheaper Compared to Netflix, Roku

Satori Fund founder and portfolio manager Dan Niles contended that ViacomCBS Inc., which currently trades at 8x CY22 PE, is “incredibly cheap compared to streaming leaders” Netflix Inc. and Roku Inc. These streaming leaders are growing their streaming revenues slower than VIAC yet fetch much higher multiples. In addition to VIAC’s asymmetric growth versus valuation profile, VIAC’s $1.1 billion…


Piper Sandler Bumps Up Broadcom Price Target by 10.3%

Piper Sandler analyst Harsh Kumar raised the price target on Broadcom Inc. to $750 from $680 and reiterated an Overweight. The price target implies a 12.7 percent upside to December 31, 2021 closing price. Kumar changed his overall posture about the semiconductor industry in 2022. Kumar feels the new year will be a stock picker’s market with specific areas…


Barclays Bumps Up Hewlett Packard Enterprise Price Target by 25%

Barclays analyst Tim Long upgraded Hewlett Packard Enterprise Co. to Overweight from Equal Weight with a price target of $20, up from $16. The price target implies a 23.9 percent upside. Long believes the company’s core server and storage market is stabilizing and moving to as-a-service. Meanwhile, Long thinks its networking “should see solid growth.” Further, HP Enterprise’s…


11 Passive Income Ideas to Earn an Extra Grand Each Month

What would you do with an extra $1,000 a month? For most of us, this could be a real game-changer. After all, with this influx of extra cash, you could pay off financial debt, purchase a life insurance policy, or invest in your retirement. What’s more, you could finally take that dream vacation, make home…


5 Short Squeeze Candidates to Watch: Insignia Systems Tops List With High Cost to Borrow, SeaChange Joins

Potential short squeeze plays gained steam in 2021 with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the…


Blood-Testing Tech Entrepreneur Elizabeth Holmes Found Guilty of Fraud and Conspiracy

Theranos founder Elizabeth Holmes was found guilty on Monday of conspiring to defraud investors in her blood-testing startup that she has built into a $9 billion company. A jury in San Jose, California, found Holmes guilty of four of 11 charges of fraud after seven days of deliberations, with each count carrying a maximum sentence…


Chart Wars: McDonald’s to $282, Starbucks to $136—Which Stock Will Reach All-Time Highs First?

McDonald’s Corporation and Starbucks Corporation have both formed long-term bullish chart patterns that could provide massive upside for the long-minded trader and investor. McDonald’s is trading in a strong weekly uptrend and Starbucks has formed a bullish cup-and-handle pattern on the weekly chart, with both stocks showing signs further upside could be in the cards….


Read Why Discovery, AT&T Shares Are Trading Higher Today

AT&T Inc. won a “favorable” ruling from the Internal Revenue Service for the planned merger of its entertainment company WarnerMedia with television conglomerate Discovery Inc. AT&T and Discovery each reported the ruling in a regulatory filing dated December 29. After announcing the deal in May, the companies began a Reverse Morris Trust, enabling AT&T and its partner to complete…


Is ViacomCBS Stock Overvalued or Undervalued?

ViacomCBS Inc. shares have lagged the S&P 500 in the last year, with a 12-month loss of 11 percent. ViacomCBS’s stock has had a wild ride in 2021, but investors may be wondering whether there’s any value in ViacomCBS shares after the pullback. Earnings A price-to-earnings ratio (PE) is one of the most basic fundamental…