Author: admin

Key Points Rivian had a solid quarter supported by ramping production.  Production and deliveries topped estimates and led the company to raise guidance.  The stock shows signs of a classic bottom and reversal that could take the market to new highs.  5 stocks we like better than Rivian Automotive The Rivian (NASDAQ:RIVN) market hit bottom...

Key Points Wendy’s had a solid quarter with revenue growth and earnings that outpaced the consensus.  The dividend is safe enough for 2023 and backed up by robust long-term guidance.  The analysts are Holding but see the stock trading at a higher multiple and gaining double-digits.  5 stocks we like better than Wendy’s The price...

The IT sector is the best sector to invest in with an average return of investment of 18.1% The consumer discretionary sector comes in second with 15.3% The worst sector to invest in is communication services with 8.4% average return IT is the best sector to invest in based on average returns, a new study...

Money is a foundational part of our lives. But it’s also a subject many children are expected to understand intuitively just by watching their parents when they’re young. The result is that many children don’t learn about more complex financial concepts until they’re teenagers or young adults. Seasoned investors know that having more time is...

Key Points Wegovy, Novo Nordisk’s weight-loss drug, reduces cardiovascular risk in overweight adults. Patients in the Wegovy clinical trial showed 20% less likelihood of major cardiovascular events. Bank of America notes the news is a “game changer for payor debate on obesity.” B of A analysts anticipate further data to be presented at the American...