Category: Investments

It’s funny how a catch phrase can take hold on Wall Street so quickly. Last year, the watchword was “transitory,” referring to the elevated inflation rate. Then in the first half of 2023, the widespread commentary was all about “AI” this and “AI” that. Now in the year’s final months, the phrase that pays is...

There might not be two companies that symbolize the term “blue-chip stocks” more than Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS). These two financial institutions have long, distinguished histories and are synonymous with Wall Street and investment banking. In fact, they remain two of the largest investment banks in the country, and they both just...

Throughout the years, retail pharmacy chain stocks have been a fairly safe bet. They’ve typically paid decent dividends and have been considered recession-proof since people will still need to buy medications even if the economy slows. Yet, even seemingly recession-resistant stocks can fall by the wayside. For many years, Rite Aid (OTCMKTS:RADCQ) traded on the...

It is earnings season, and it already appears to be a pretty strong one with several bellwether banks posting better-than-anticipated numbers. Earnings season is also a time to watch for companies to declare dividends for the upcoming quarter. Here are three companies that recently raised their dividends and have stocks that look like good buys...

Even though it’s late for back-to-school shopping, the Virginia sales tax holiday is returning this weekend to offer much-needed tax relief to residents. Virginia’s three-day sales tax holiday will run this weekend from Friday to Sunday. Virginia sales tax holiday: when to shop The Virginia sales tax holiday usually takes place in August, but lawmakers...

Under-pricing one’s competitors is a double-edged sword. Sure, Tesla’s series of electric vehicle (EV) price cuts sparked a price war and helped it maintain its dominant market share. It also put tremendous pressure on EV-industry rivals like Lucid Group (NASDAQ:LCID), which has struggled to compete against the much bigger and better-capitalized Tesla (NASDAQ:TSLA). However, it’s...

One of the most important qualities a company can have is a competitive advantage so strong that it can dominate its market for years. A term that is often used to describe this type of advantage is a moat, referring to how the company is well-insulated from competitors. Two stocks that have that type of...

The term “penny stocks” is a bit of a misnomer, although this group certainly includes stocks that trade for under $1 per share and even those that trade for just a few pennies. However, penny stocks are also a bit broader than that, generally encompassing stocks that trade for less than $5 per share. That...

After solid reports from JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC), and Citigroup (NYSE:C), traders turned their focus to Goldman Sachs and Bank of America as they continued to search for clues about the strength of the U.S. consumer and economy. Both Goldman Sachs and Bank of America reported earnings and revenue that exceeded expectations for Q3,...

After the end of the federal monthly child tax credit, several states came up with their own version of the credit. Minnesota is one such state, offering eligible families up to $1,750 in Minnesota child tax credit. Minnesota child tax credit: how much money to expect   Under Minnesota’s child tax credit program, eligible families...