Option Market Eyes Bullish Infrastructure Possibilities: Cleveland-Cliffs Inc Stock (NYSE: CLF)
President Trump has been talking about infrastructure spending for a long time and he has been consistently looking for at least a $1 trillion package. On July 1, the House of Representatives passed a bill for $1.5 trillion that is probably filled full of goodies but will likely be hammered out with a Senate version at some point. No matter what your personal feelings are about the prospect of spending that amount of money on infrastructure, it will be ...
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10 Best Tech Stocks to Buy Right Now in 2020
Investors looking for safe returns tend to buy dividend stocks… or even bonds. But for investors looking for market-beating returns that can greatly increase their wealth, they turn to tech stocks.
That’s because technology companies are continually bringing new ideas to fruition, and that means rapid earnings growth, prodigious cash flow from rising revenue growth, and great profit margins. While no company can grow infinitely, tech companies tend to come up with new and better products, allowing older and more obsolete ...
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3 Consumer Staples Beverage Companies Showing Momentum
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The use of the word “staples” is intentional in that the companies that produce products in this sector are considered staples for consumption purposes. Think of those things that you probably can’t live without and it’s probably a staple.
The consumer staples sector is broken into four major categories or industries. The industry groups are as follows: food, beverage, and tobacco; household and personal products; and food and staples retailers. With nearly 70% of GDP made up of personal consumption expenditures, ...
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10 Best Stocks Under 5 Dollars to Buy Right Now
10 Best Stocks Under 5 Dollars to Buy Right Now
Some of the greatest opportunities can be found in beaten down, ignored stocks under $5.
Especially those with solid long-term growth and strong fundamentals.
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- Digital Turbine (APPS) ran from about $1.20 to a high of $102.56 for 8,447%.
- Harmonic (HLIT) ran from $4.30 to a high of $12.22
- Marathon Oil (MRO) ran from a low of $3.64 to $25.58
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Dueling Insider Trading Still Points to a Bullish Outlook: BioLife Solutions Inc (NASDAQ: BLFS)
BioLife Solutions Inc (NASDAQ: BLFS) is a medical technology company located in Bothell, WA. The company produces bioproduction tools for the cell and gene therapy.
The company provided a preliminary revenue announcement on July 1. The release shows a 43% to 46% increase in revenue year-over-year from the same quarter in 2019. The CEO, Mike Rice, commented:
“Despite the continued impact of COVID-19 on the biotech industry and specifically, the cell and gene therapy market, we continued to drive revenue growth ...
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Oil and Gas Company Sees Surge in Insider Buying by 10% Owner: Continental Resources, Inc Stock (NYSE: CLR)
Continental Resources, Inc Stock (NYSE: CLR) is a crude oil and natural gas production company. They have among the lowest cost of operations amongst their peers and primarily operates in the Bakken field in North Dakota, South Dakota and Montana. The company is operating three rigs currently, but is targeting running off of two rigs by the end of 2020.
As oil prices continue to hover around $40 and last week’s report of a large oil inventory draw, the ...
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Chinese PMI Data Attracts Option Bulls: Alibaba Group Holding Ltd Stock (NYSE: BABA)
Last week, the CSI 300 Index closed at a five-year high as the data is starting to show signs of life in China’s economy. The increase in bullish sentiment helped lead Chinese stocks to the biggest one-day move since February 2019. The data that help spur on today’s buying spree was the Caixin manufacturing PMI and the Caixin Services PMI that posted values greater than 50. Values above 50 is an indicator that the economy is in expansion.
The excitement on ...
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The Six Best Gold Stocks to Buy Now in 2020
On June 30th, 2020, gold prices topped $1,800.
That’s an eight-year high for the metal, and it’s also close to the market’s all-time peak of $1,900 set back in 2011.
In a time of economic uncertainty, massive amounts of government stimulus, and non-market fears permeating the world, gold will likely continue to shine—and set a new high along the way. The gold futures contract suggests the uptrend will keep going for a while yet.
As gold prices fare, gold stocks, particularly gold ...
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