Stitch Fix (SFIX), the clothing e-commerce company that doubles as a digital personal stylist and went public last November at $15 per share, is a perfect example of how going against the grain and betting long on unconventional plays is a great way to beat the market. After Stitch Fix’s lockup restrictions expired on May 18, shares saw immense pressure and tumbled below $20, as investors....More>>>
Exchange-traded funds (ETFs) are great. They’re packaged investment products that trade all day like stocks.
You can buy, sell and short ETFs that track:
all the major stock market indexes any and every industry group different investing styles commodities like oil, gas, gold and silver bonds currencies entire countries
Just about any asset class....More>>>
Massachusetts gambling regulators want to know why Steve Wynn and Wynn Resorts failed to disclose a $7.5 million settlement when they were applying for a state license in 2013.
The settlement will be a primary part of the investigation as it moves forward, investigators said at a meeting Wednesday.
The Massachusetts Gaming Commission announced Sunday that it’s reviewing the....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
With oil prices stabilizing and OPEC apparently agreeing to production cuts (for now), it suggests that some of the beaten-down energy stocks on the market may be stocks to buy at this point in time.
Source: SMelindo via Flickr (Modified)
Readers of my column know that I consider some form of fossil fuel energy holding to be vital for any long-term diversified portfolio. One....More>>>
Top 10 States With Most Millionaires Per Person: 2018
Clients Rate Top Financial Services Firms in 13 Categories
7 Facts About Trumps 2019 Budget Proposal, for Agents
LPL Financial shared a list of advisors and teams that choose to affiliate with its platform in the final three months of 2017 on Thursday. These recruiting efforts resulted in a total of 125 advisors with....More>>>
.Photographer: Akio Kon/Bloomberg
Saudi Arabia wants Chinese wealth funds and state oil companies to take a stake in the Aramco IPO, with King Salman traveling to Beijing to make the pitch.
That’s according to a recent Bloomberg report, though Chinese and Saudi official media have been silent on the issue. Instead, they have been stressing “enhanced....More>>>
When I initiated coverage on Xerox (NYSE:XRX), I concluded that the stock wasn’t dead, and in January, I opined the name was also not “dead money.” That is important to reiterate. But this once stellar blue chip has certainly fallen from grace, big time. I then told you that the company was “not dead yet.” But friends, are we approaching the death of Xerox? I mean,....More>>>
DELAFIELD, Wis. (Stockpickr) — Corporate insiders sell their own companies’ stock for a number of reasons.
Must Read: Warren Buffett’s Top 10 Dividend Stocks
They might need the cash for a big personal purchase such as a new house or yacht, or they might need the cash to fund a charity. Sometimes they sell as part of a planned selling program that they have put....More>>>
This review updates my initial look at Costamare (NYSE:CMRE) from my July 28, 2016, article “Will Costamare Shipping Weather The Storm? An Update.”
Though I hope you will read the original linked article in full, my bottom line assessment and buy recommendation at the time were as follows:
The press release, which I have provided the link to, is well worth the read. Cutting....More>>>