Stock Research

The SPDR S&P 500 ETF Trust (SPY) ETF is hovering near the highest point since August last year despite the rising risks in the market. The SPY stock was trading at $420, which was 21% above the lowest level in 2021. Similarly, Invesco QQQ and Dow Jones ETF have also soared by over 20% in… Continue reading SPDR S&P 500 ETF (SPY): Return of the raging bull?

ZIM Integrated (NYSE: ZIM) results missed its revenue and profitability guidance as shipping rates continued weakening. The company also swung into a net loss in the first quarter of this year.  In a statement, ZIM Integrated’s revenue plunged by 68% from the same period in 2022. Its revenue dropped to $1.37 billion as its carried… Continue reading ZIM Integrated swings into a loss as demand eases: stock retreats

The Canoo (NASDAQ: GOEV) stock price is hovering near the lowest level on record as concerns about the company’s future continue. The shares were trading at $0.6700 on Friday, a few points above the all-time low of $0.50. It has crashed by more than 97% from its highest point in December 2020. How long can… Continue reading Canoo stock price forecast: don’t buy the dip as risks rise

The Global X Nasdaq 100 Covered Call ETF (QYLD)  stock price has been in a strong bullish trend this year, helped by the strong performance of technology stocks. QYLD shares jumped to a high of $17.6, the highest level since May 5 last year. It has soared by over 25% from the lowest level this… Continue reading Here’s why QYLD ETF is better than QQQ despite its 12% yield

Medical Properties Trust (NYSE: MPW) stock price has been in a strong downward trend in the past few months as interest rates continue rising. The shares have crashed by 57.64% in the past 12 months and by 33.40% this year. This decline has seen its forward dividend yield jump to 15.10%. Rising interest rates Medical… Continue reading Medical Properties Trust (MPW) stock is cheap: Buy the 15% yield?

Arbor Realty (NYSE: ARB) stock price has crawled back in the past few weeks even as concerns in the real estate industry continue. The shares jumped to a high of $13 on Friday, the highest point since March 13. At its peak on Friday, the stock was up by more than 31.34% from its lowest… Continue reading Arbor Realty stock: How safe is ABR’s 14% dividend yield?

John Allan – Chairman of Tesco PLC (LON: TSCO) will step down at the company’s annual meeting with the investors on June 16th, the supermarket chain confirmed on Friday. Allan denies claims of misconduct The announcement arrives only days after a report said four women have alleged Allan of inappropriate conduct. Allan has strongly denied… Continue reading Tesco chairman to step down amidst claims of misconduct

Shares of Deere & Company (NYSE: DE) are trading up this morning after the equipment maker reported its financial results for the second quarter that handily topped Street estimates. Deere stock up on raised guidance Investors are cheering also because the industrial giant cited “healthy demand” and raised its guidance for the full-year net income… Continue reading Deere Q2 earnings: ‘ag space will be a growth story for a long time’

Foot Locker Inc (NYSE: FL) opened nearly 25% down on Friday after reporting worse than expected results for its first financial quarter. Foot Locker stock crashes on weak outlook The retail stock is crashing also because the shoe company trimmed its guidance for the full year on headwinds including a changing vendor mix. Foot Locker… Continue reading Foot Locker trims guidance citing ‘aggressive markdowns’