Keep an eye on Occidental Petroleum (OXY). After pulling back from about $71, Berkshire Hathaway bought another 2.6 million shares, lifting its stake in the oil company to 250.6 million. We’ve often said that each time OXY dips, Buffett and Co. are likely to buy...
Shares of Nvidia (NVDA) will trade at a tenth of its current price tag today. All after Nvidia split its shares 10:1 – its second split in 10 years – on Friday, June 7. It’ll make one of the most sought-after stocks far cheaper for retail investors. Post-split, we...
If you’re retiring, retired, or just thinking about retiring, it’s never too late to protect your portfolio with undervalued retirement stocks, like STAG Industrial (STAG). Yielding 4.26%, the real estate investment trust (REIT) just declared a monthly dividend of...
On April 24, we noted, “After testing a high of $171.59 on GTA VI hype, Take-Two Interactive (TTWO) plummeted to a recent low of $138.93 on the game’s delay. Nowadays, with most of the negativity now priced in, oversold shares of TTWO are a bargain. Plus, it’s...
by Ian Cooper With growing interest in obesity treatments, Goldman Sachs just raised its market estimates from $100 billion to $130 billion. “The estimate was revised as the firm projects the number of Americans on anti-obesity drugs could reach ~19M by 2030, up...
Keep an eye on rebounding shares of PayPal (PYPL). After slipping to $60.72, the stock is just starting to pivot higher. It’s also just starting to pivot from over-extensions on RSI, MACD and Williams’ %R. From its last traded price of $63.46, we’d like to see it...
Keep an eye on Nio (NIO). After a disastrous few months, the electric vehicle stock is coming back strong. Last trading at $5.39, if it can break above resistance at $6, it could retest $8 shortly. Helping, the company just said it delivered 20,544 cars in May, up...
Always keep an eye on massive stock pullbacks. As we noted on May 30, “Salesforcee.com (CRM) plummeted from about $2780 to $217.47 with a first-quarter revenue miss. But it appears the pullback is overdone. Goldman Sachs reiterated a buy rating on the stock, with a...
Salesforcee.com (CRM) plummeted from about $2780 to $217.47 with a first-quarter revenue miss. But it appears the pullback is overdone, according to analysts. For example, “We continue to view GenAI as a tailwind for Salesforce, with benefits likely coming in CY25,”...
On May 17, we noted: “After slipping from about $227 to a low of $141.16, Advanced Micro Devices (AMD) is starting to bounce back strong. Last trading at $162.37, we’d like to see it initially retest $180 near term. Helping, analysts at Jefferies just initiated...