
The Semiconductor Shortage Remains Profitable… Consider This Winner
While some tech CEOs have warned that a shortage of semiconductors could continue to impact a number of industries through the end of 2022, many companies in the space are seeing favorable business conditions as a result. That’s been seen in recent company announcements in the sector and is now even starting to percolate into company earnings. The latest firm?Marvell Technology (MRVL), which reported a solid quarter and issued strong guidance for the second quarter. The company topped $1 billion in quarterly ...
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Dividend Growth Investing Doesn’t Go Out of Style
With markets focused on tech plays, favorite short squeezes by masses of retail players, and other potential news-driven events, the relative boredom of dividend investing seems to have passed the market by. That’s creating some pockets of opportunity. Only a handful of companies came through 2020 with their dividends intact… or even increasing. Investing in these companies for the long haul may sound boring, but a dividend boost can sometimes lead to a short-term boost in shares too. One such company isClorox ...
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Some Big Tech Names May Be Bordering on Value Plays
For years, investors have piled into big tech names, like the FANG stocks. Even with the recent weakness in the sector, however, some still see some value in these giant names, which dominate the list of trillion-dollar-plus companies. That includes other industry-dominating mega-cap companies as well. One value manager sees a number of opportunities in these names today, citing continued growth potential and healthy profit margins. Of the companies mentioned, all are industry dominators that have fared well in the past year ...
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There’s More to this Meme Stock Than Meets the Eye
Retail investors are coming back to some of the top performing stocks of January and February with a vengeance. One such company that’s starting a new massive rally?BlackBerry (BB). Shares saw a move higher at the start of the year that nearly quadrupled shares. But that peak was undone was brokerage firms shut down the ability of traders to add to positions, only liquidate existing ones. Nevertheless, shares are moving higher again. While the recent move hasn’t been as extreme as that ...
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More Upside Catalysts Than Downside Point to this Blue Chip Winner
The past few years have been some of the worst inBoeing’s (BA) history. The airline manufacturer has had to deal with rising international competition, the flaws in its 737 Max jet, and then the pandemic’s collapse in global air travel. These high-profile dangers have been well baked into shares. Now, with the 737 Max getting back into service and the pandemic ending, things are potentially looking up for the airliner. That may be why the company has started earning analyst upgrades. In ...
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Is It time for This Inflation Hedge to Shine Again?
Gold prices peaked at over $2,000 per ounce over the summer on a rapidly-inflating economy and concerns over rapid government spending. While the metal then saw a drop as the stock market roared higher, gold has quietly started moving higher in recent weeks as the overall stock market has slowed down. With the metal up 7 percent in the past month near $1,900 per ounce, technical indicators point to a potential move higher. With the metal finally up year-to-date, and with inflation ...
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Consumers Remain King, And So Does This Retail Play
Even with the rise of e-commerce, it’s clear that some retail companies will continue to dominate the in-person experience. Those companies are usually big box stores, which offer sufficient variety as well as low prices. That’s why it’s no surprise that these companies have done well this earnings season. And why so many have also expanded their online presence, even if they’re still relatively smaller players there. One of the top retailers for this trend isCostco (COST). The warehouse giant is famous ...
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Cloud Services Remain Strong in the Post-Pandemic Era
Traders may be shifting towards airlines, cruise ships, and reopening movie chains as the world settles into a post-pandemic recovery. But many changes that occurred are likely to remain. One of those is the shift towards cloud services that started last year. As the work-from-home era likely won’t go back to the pre-pandemic levels of being in the office, it’s no surprise that many cloud names in tech have been reporting solid earnings in the first quarter of 2021. Case in point?Salesforce.com ...
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