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...
Category: Investments
More Good News Coming? GoodRx Spikes Ahead of Q2 Earnings
Key Points GoodRx has rebounded 139% off its November 2022 bottom as management has figured out new ways to grow outside of its core platform. GoodRx recently teamed up with CVS Health to launch a prescription drug discount tool. The company has also rolled out a new and improved prescription management hub called Medicine Cabinet....
UPS Slipping To More Attractive Levels On Weak Outlook
Key Points UPS falls on soft results and outlook, but a buying opportunity could be close. Internal improvements set the company up for leverage over the long term; however, a rebound could be far off. The 3.5% dividend is safe enough, but aggressive growth could be off the table. 5 stocks we like better than...
Will(Ful) Neglect: Survey Reveals Nearly 60% Of Americans Unprepared For The Inevitable
The verdict is in: America is woefully unprepared when it comes to estate planning. A new survey by LegalShield lays bare a shocking truth – while 90% of Americans know the importance of having a will, almost 6 in 10 have yet to take action and protect their loved ones. The nationwide survey tapped into the fears...
Is College Worth It? The ROI Of Higher Education In Today’s Economy
The sky-rocketing cost of higher education in the US may put you in a dilemma over the sheer necessity of a college degree. It’s easy to find yourself torn between student loan debt and escalating college fees! Have you been wondering whether a college education is worth the investment? As much as 81% of college...
Lucid Group Just Found A New Reason To Rally
Key Points Lucid Group reported its second quarter 2023 earnings result, setting the tone for the trading week and the next quarter. As investors break through the significant achievements delivered by management, the excitement over future growth begins to develop, and markets are coming to tag along. With new customer deals, and enough liquidity to...
50% Off And A 6% Dividend… Is Crown Castle REIT Royalty?
Key Points Crown Castle is trading 50% below its January 2021 record peak and has a forward dividend yield that has doubled to 6%. Unlike most REITs that invest in buildings, Crown Castle owns, manages and leases cell towers to a single tenant or multiple tenants. T-Mobile, AT&T and Verizon combined account for approximately three-fourths...
Euphoria Fades In Nikola, Momentum Shifts, And Bears Loom
Key Points Nikola’s stock surged over 100% in the past month but plummeted by 26% following the Q2 earnings report, wiping out significant gains. Uncertainty surrounds the stock’s future, with questions about whether this marks the end of the bull run or just a temporary pullback. The recent CEO change and the approval to issue...
3 Reasons the eBay Dip Is Worth Bidding On
Key Points eBay is trading nearly $10 below this year’s peak and nearly 50% off its October 2021 record high. The company’s recent acquisition spree comes with increased expenses in the short-term but increased opportunity for long-term growth. eBay is trading at huge discounts to broadline retail peers and is the 4th least expensive stock...
Europe’s Most Crypto-Obsessed Countries
Slovenia takes first as Europe’s most crypto-obsessed country, based on searches as a percentage of the population Luxembourg and the Netherlands take second and third, respectively Slovenia is Europe’s most ‘crypto-obsessed’ country, new research has revealed. Slovenia Tops Europe’s Most Crypto-Obsessed Countries List The study by cryptocurrency experts CryptoGambling.tv analysed search volumes for popular cryptocurrency...