GameStop shares (GME) are on a tear higher Tuesday morning after the video game retailer announced it made $933 million in sales of 45 million common stock...
"The fact that in GameStop is up about 20-some odd percent this morning because they sold almost $1 billion worth of stock, if this were a normal company, people would be a little bit freaked out because you don't sell stock into the market if you think your stock is undervalued," Sosnick explains."You do it when you think your stock is overvalued.
Nerves are anywhere that if you're willing to basically go all in on a set of companies that don't make money, um, and that need to continually sell stock into these periodic rises to to basically dig themselves out of debt holes.You know, the strong economy, the cash flows, et cetera. Companies that split their stock see an average annual return of 25% after the split compared to a 12% return for the broader market.Here's why goeasy should be part of your dividend portfolio in 2024, despite returning outsized gains to shareholders. The post Invest $10,000 in This Dividend Stock for $6,914 in Passive Income appeared first on The Motley Fool Canada.
We recently analyzed the top utilities stocks hedge funds are buying to profit from the AI-led boom in the industry. Since Vistra Corp. was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started with I’m a Self-Made Millionaire: Here’s Why I’m Forgoing a Financial Advisor
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