If you have the choice between making a major purchase on a credit card or a personal loan, your first choice should be neither.
Your first choice – if you will not be able to pay back the purchase by the end of the month – should be cash. If you do not have the cash, then you should consider skipping the purchase until you have saved enough money.
Now, that may be easier said than done.
There may be important life milestones, medical necessities and other purchases that necessitate financing, given your personal financial circumstances and financial life goals.
While credit cards have many benefits and offer all types of rewards (cash back, travel and more), they are not always the best option – particularly for longer-term financing needs.
For these major purchases and life milestones – if sufficient cash is not readily available – a personal loan may be a less expensive option.
Best Medical Stocks To Invest In Rig ht Now: Marvell Technology Group Ltd.(MRVL)
- [By Chris Neiger]
Specifically, GoPro (NASDAQ:GPRO) and Marvell Technology (NASDAQ:MRVL) caught my eye recently. The two companies are hardly pure-plays in the IoT (there aren’t many of those), but each is betting on the Internet of Things in its own way, and each looks a bit overpriced right now.
- [By Lisa Levin]
Marvell Technology Group Ltd. (NASDAQ: MRVL) shares shot up 10 percent to $14.70 after the company reported upbeat Q3 results and announced a $1 billion share buyback.
- [By Benzinga News Desk]
Loop Capital's Betsy Van Hees sees storage, networking, and connectivity as the 3 reasons why Marvell Technology Group Ltd. (NASDAQ: MRVL) will return to top-Line growth. She reiterated her Buy rating and $18 price target.
- [By Peter Graham]
The Q4 2017 earnings report for mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) is scheduled forafter the marketcloses onThursday (March 2nd). Marvell Technology Groupwas in our SmallCap Network Elite Opportunity (SCN EO) portfolio back in 2013 becauseits fundamental and technical context appeared very attractive at the time and the Company’s products also drive Samsung’s family of mobile devices. Our SCN EO newsletter had noted back in May 2013:
Best Medical Stocks To Invest In Right Now: LG Display Co., Ltd.(LPL)
- [By Anders Bylund, Chuck Saletta, and Brian Feroldi]
According to comments by Universal Display CEO Steve Abramson, Samsung (NASDAQOTH:SSNLF) is pouring $9 billion into building OLED production facilities this year. LG Display (NYSE:LPL) expects more than half of its 2020 revenues to come from OLED panels. The OLED TV market is expected to grow sixfold in the next four years, and the lighting panel market is only just getting started.
Best Medical Stocks To Invest In Right Now: Access National Corporation(ANCX)
- [By Jim Robertson]
Today, ourunder the Radar Moversnewsletter suggestedshorting small cap Northern Virginia based bank holding stock Access National Corporation (NASDAQ: ANCX):
Best Medical Stocks To Invest In Right Now: New York & Company Inc.(NWY)
- [By Lisa Levin]
Shares of New York & Company, Inc. (NYSE: NWY) got a boost, shooting up 13 percent to $2.31 as the company posted upbeat quarterly results.
The GEO Group Inc (NYSE: GEO) shares were also up, gaining 19 percent to $23.27. Following Thursday’s Department of Justice news regarding privately-managed prisons, GEO Group dropped on Thursday, but rebounded Friday after issuing a response to the DoJ.
- [By Monica Gerson]
New York & Company, Inc. (NYSE: NWY) shares dropped 42 percent to $1.72 after the company reported downbeat Q1 results and issued a weak Q2 forecast.
Best Medical Stocks To Invest In Right Now: Pacific Ethanol Inc.(PEIX)
- [By Lisa Levin]
Shares of Pacific Ethanol Inc (NASDAQ: PEIX) got a boost, shooting up 30 percent to $5.47 after the company reported stronger-than-expected earnings for its fourth quarter.
Best Medical Stocks To Invest In Right Now: Utilities Select Sector SPDR ETF (XLU)
- [By Craig Jones]
On CNBC's Options Action, Dan Nathan suggested a bearish options trading idea in Utilities SPDR (ETF) (NYSE: XLU).
The stock caught his attention, because he noticed a big put options volume last week in the name. He thinks traders should not be in the stock ahead of a possible rate hike.
- [By WWW.THESTREET.COM]
The Dow utility average ended last week at a stabilizing 639.95 after trading as low as 616.19 on Nov. 14. Keep in mind that a “death cross” was confirmed on election day, when the 50-day simple moving average fell below the 200-day simple moving average, indicating that lower prices are likely ahead. The 200-day is now at 666.30. The utility average has returned to my range of key levels of 635.23 and 670.81, which remain magnets for the remainder of 2016. This week’s value level is above the Nov. 14 low at 620.87. Investors seeking the safety of dividends can trade the Utilities Select Sector SPDR Fund (XLU) , which is a basket of 28 utility stocks.
- [By WWW.MONEYSHOW.COM]
With a little more than $6 billion in assets and average daily trading volumes in excess of 12 million shares per day, SPDR Utilities (XLU) is the top choice to hold during Utilities seasonally favorable period. It has a gross expense ratio of just 0.14% and comes with the added kicker of a 3.37% dividend yield.