Shares of MercadoLibre (NASDAQ:MELI) hit an another all-time high last week, and there’s another Wall Street pro who thinks the dot-com darling is going even higher. Barclays analyst Deepak Mathivanan initiated coverage of MercadoLibre with an overweight rating after Tuesday’s market close. He’s setting a $250 price target on the stock, translating into 18% of upside from yesterday’s....More>>>
Call it global warming. Call it climate change. Maybe it’s a nuance, or maybe your political stance determines how you feel about this debate. 24/7 Wall St. has tracked investment in clean energy and renewable energy for years.
It turns out that 2016 broke the growth cycle for investing in clean energy — and then some.
With a new Trump administration about to take office,....More>>>
Although Wall Street and the mass media are obsessed with the technology sector, the biggest profits are in the biotechnology industry.
Over the last 12 months, the S&P Biotechnology Select Industry Index (SPSIBI) climbed an impressive 41.31%.
Meanwhile, over the same period, the S&P 500 Technology Sector SPDR ETF (NYSE: XLK) has returned 34.28%.
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Every year, the editors of Investment Advisor identify 25 people who we believe have had or will have the greatest influence on the financial services industry and the work that advisors do. Sometimes that means people who....More>>>
&l;img class=&q;dam-image shutterstock size-large wp-image-1038049732&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1038049732/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g;&l;span style=&q;font-weight: 400;&q;&g;Amazon has just taken another step in the healthcare industry. &a;nbsp;The online retail giant announced today that it is extending its discounted....More>>>
What a silly stock market. There I was on Tuesday at 2:00 p.m. waiting for the Dow Jones Industrial Average to crash 1,700 points as Trump verbally ripped Iran to shreds (and pulled out of the Iran deal). The Dow instantly tanked 80 points one sentence into Trump’s latest global spectacle. But then the Blue Chip index rallied back as Trump continued to hit Iran, and actually finished the....More>>>
U.K. stocks stumbled Wednesday, tracking a fall in U.S. equities in the previous session, in which technology names took a hammering.
How markets are moving
The FTSE 100 index
&l;p&g;There are two vastly different groups of people in the retirement world: those who have a thorough plan and those who do not. The first group of investors has a well-thought-out strategy defined in writing &a;mdash; a written financial plan. The second group of investors might think they have a strategy but ultimately don&a;rsquo;t, since they lack a written plan.
Wal-Mart (NYSE:WMT) has made a lot of efforts in pricing its goods attractively over the past months. This allowed for strong traffic growth, which resulted in positive comps for the company. Subsequently, Wal-Mart’s shares have been performing much better than those of its peers, which are reporting worse comp sales. Due to Wal-Mart’s power when it comes to discussing prices with its....More>>>
The video game industry has seen impressive growth over the past few years, and that isn’t likely to change anytime soon. Market intelligence firm Newzoo has forecast that gaming will produce $109 billion in revenue in 2017, up nearly 8% over last year, and that figure is estimated to grow to nearly $129 billion by 2020.
With that much revenue at stake, what are the best gaming stocks....More>>>