Source: Postmodern Studio / Shutterstock Previously, we warned you about the never-ending plunge in Plug Power (NASDAQ:PLUG) stock. Could an already bad situation get even worse? It’s possible, as Plug Power is suddenly dipping into an electric vehicle infrastructure niche market. This could be a major failure for a company that can’t easily afford to fail. …
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At first glance, the idea of dividend stocks to buy as oil prices soar seems incredibly contrarian. Although the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — in early April sparked initial fears because of their surprise production cuts, prices have been relatively muted. …
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A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making the biggest moves midday: Peloton — The fitness platform operator saw shares drop 8.9% after the U.S. Consumer Product Safety Commission said it’s recalling …
Last year was the worst year for the markets since the financial crisis of 2008. While the index slipped, the correction was felt most in growth and penny stocks. In challenging times, investors shift their focus towards blue-chip stocks for capital preservation and dividend income. I subscribe to this strategy. However, it’s also a good …
Continue reading “7 Penny Stocks That Are Flying Under the Radar (But Not For Long)”
Prudent investors are now forced to reassess their portfolios and risk profiles. Indeed, for those invested in penny stocks, the promise of substantial returns is great. However, these stocks also offer incredibly high risk and unpredictability. Accordingly, as interest rates rise and economic conditions deteriorate, these stocks may not be the best place to hide. These …
Continue reading “3 Penny Stocks to Avoid as Interest Rates Rise in 2023”
Among the many benefits of dividend investing can come from the compounding effect. When investors reinvest their dividends, they passively buy more shares, increasing future dividend payouts. This cycle increases an investor’s total return annually and over time. This is a key reason for investors to look for dividend stocks with rising dividends. This isn’t to say …
Continue reading “3 Dividend Stocks Set to Hike Payouts in 2023”
The 2-month T-bill rate has fallen nearly half of a percentage point since last Thursday, as traders assessed the risks facing the U.S. economy. As of 11 a.m. Eastern time, the yield was 4.859%, down 46.3 basis points from where it stood on Thursday, according to Tradeweb. Thursday’s level of 5.322% was the highest since …
Traders of federal funds futures saw a growing chance on Thursday that Fed policy makers will cut interest rates at their July 25-26 meeting. They are pricing in a 50% likelihood of the Federal Reserve cutting borrowing costs by at least a quarter of a percentage point in two months’ time, up from 42% on …
