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Well-known investor Catherine D. Wood is the founder, CEO, and CIO of Ark Invest, an investment management firm. Its flagship fund, ARK Innovation ETF (ARKK), seeks to generate long-term capital appreciation by investing in businesses across the globe that benefit from disruptive innovation. However, Wood’s ARKK ETF has faced a rough patch amid uncertain market …

2 Stocks Cathie Wood Keeps Buying That You Shouldn’t Read More »

To tame surging inflation, the central bank recently raised rates by three-quarters of a percentage point for a third straight time. Moreover, many analysts expect the Fed to raise rates by at least 1.25 percentage points in its two remaining meetings this year. Ken Griffin, Citadel’s founder, and CEO, believes the central bank has a …

The 3 Best Blue-Chip Stocks to Buy During a Market Crash Read More »

The stock market has been battling macroeconomic and geopolitical concerns since the beginning of the year. The S&P 500 is down 22.8% year-to-date. The index fell 9.3% in September, closing its worst month since March 2020. Inflation has been a major Achilles heel for the economy, with the Fed’s aggressive interest rate hikes yielding little …

1 S&P 500 Stock to Buy Hand Over Fist and 1 to Avoid Read More »

So far, 2022 has been a challenging year for the stock market due to rampant inflation, the Federal Reserve’s monetary policy tightening, and geopolitical concerns. The Fed recently announced its third consecutive 75-basis-point hike and hinted at maintaining its hawkish stance until inflation comes under control. Wells Fargo analysts expect steeper rate hikes in the …

2 Stocks to Add to Your Must-Buy List in Q4 Read More »

With a $1.98 billion market cap, Opendoor Technologies Inc. (OPEN) operates a digital platform for residential real estate in the United States. The company’s platform allows consumers to buy and sell a home online. In addition, it offers title insurance and escrow services. Last week, the Federal Reserve announced the third consecutive 75-basis-point interest rate …

1 Stock to Avoid as the Fed Attempts to Cool Down the Economy Read More »

The near-term market outlook remains cloudy especially as the stock market re-tests the June lows. However, if we take an objective look, the economy and financial markets are in a much worse place. Hopes that inflation may have turned the corner were extinguished following the August CPI. In fact, it showed an acceleration in monthly …

2 Earnings Winners to Scoop Up During the Bear Market Read More »

Automotive giant Tesla, Inc. (TSLA) CEO Elon Musk and Twitter, Inc. (TWTR) are currently involved in a lawsuit, with Musk trying to get out of his agreement to acquire Twitter. The trial is set to begin on October 17, 2022, and with the momentum being with TWTR, Musk may need to sell more shares to …

2 Stocks That Have the Power to Outrun Tesla Read More »

Social media giant Meta Platforms, Inc. (META) is facing a slowdown in user growth and competition from TikTok. The company is reportedly planning to lay off employees to reduce expenses in the coming months. If the company goes through with the reductions, it might achieve about $5 billion of annual operating expense savings in the …

It’s Time to Buy Meta Stock if You Haven’t Done so Yet Read More »

The stock market environment continues to get more challenging as the S&P 500 retests its yearly lows of around 3,600. It’s tough to make a bull case at this juncture especially given the Fed’s ultra-hawkish stance and inflation seemingly plateauing at these elevated levels. At the same time, there are more indications that the overall …

3 GARP Stocks to Buy on the Dip Read More »

Affirm Holdings, Inc. (AFRM) operates a digital and mobile-first commerce platform in the United States, Canada, and internationally. The company’s platform provides point-of-sale payment solutions for consumers, merchant commerce solutions, and a consumer-focused app. It has more than 29,000 merchants integrated into its platform. Fintech companies witnessed a significant surge in demand during the pandemic’s …

1 Stock That Is a Hard Pass for the Smart Investor Read More »