Tech stocks seem to have lost some momentum. I still feel the Big 7 tech stocks are overvalued right now. However, stocks tend to go up in the long term. Is it a good idea to buy tech stocks (Alphabet, Microsoft, Apple, Amazon, Nvidia, Meta) right now considering I am in for the long run (10-15 years)? Should I just wait for the prices to reduce further? I am afraid a bull market starts from here and I end up losing the opportunity of buying them at a good price
Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis, according to Goldman Sachs. Credit card losses bottomed in September
This is the weekend edition of our stickied discussion thread. Discuss your trades / moves from last week and what you're planning on doing for the week ahead.
Some helpful links:
- Finviz for charts, fundamentals, and aggregated news on individual stocks
- Bloomberg market news
- StreetInsider news:
Hello everyone, I am looking into solar stocks as they have been quite beaten down. There are very few profitable solar companies, but I found one called Canadian Solar. It seems extremely good, with a PE ratio of just 5 (All the other solar companies have a PE ratio of >30). This seems like a complete steal. Why is it so low? Am I missing something? The only thing I can think of is that it has some exposure to China but they also do global operations in othe
Hi everyone Beginner with individual stocks here.
ADBE's Overall financials look super good in my eyes (growth in free cash flow, revenue etc) and I attempted a simple DCF calculation based on that.
My estimated growth is 14% on it's FCF, and a WAAC of 8%, I ended up with a fair value of $630, which is obviously well above it's current price (pre-market around$635). The current price allows for a margin of 15% which makes me wonder if A
The pharmacy chain is planning to file for Chapter 11 bankruptcy to address more than 1,000 state and federal lawsuits it faces for allegedly contributing to the opioid epidemic, according to the Wall Street Journal and Bloomberg.
Rite Aid reported a net loss of $307 million in the first quarter of 2023, compared to last year’s first quarter net loss of $110.2 million.
I’ve got a little over $30k in a Betterment account. It’s mainly in VTI. I owe roughly $22k in student loans that I start repaying in October at about 6% interest rate. My monthly payment is $285, which is manageable, but does create some limits on spending and saving.
I am considering taking out the $22k of the Betterment account to pay off the student loans. Yea or Nay?
NOTE: PERSONAL OPINION ONLY, numbers in $USD
INTRODUCTION:
SPOT has become the largest music streaming platform in the market even outperforming platforms backed by giants such as Apple or Amazon. SPOT users swear by the personalized selection given by SPOT and how seamless their music listening experience is with spotify connect. But, the path to capitalizing on all this for SPOT is a murky one which I’m skeptical SPOT is capabl
Sorry, I am not a stock person so I don’t know the terminology. But this sort of looks like unity technologies is doing the reverse of a pump and dump.
In case you have not heard the news they announced a pricing decision that just about everyone is agreeing is a complete suicide move for the company.
The announcement was made two days ago and the stock took an immediate dive.
The forums are on fire with several major studios announcing they
Sept 14 (Reuters) - General Motors (GM.N) said Thursday it upped its contract offer to a 20% wage hike for U.S. autoworkers - including 10% in the first year - in a bid to avoid a strike that is