Betting on bargain stocks that have a low price-to-earnings (P/E) ratio is a convenient and common investment approach. The perception is that the lower the P/E, the higher is the value of the stock. This inference is drawn on the simple logic that a stock’s current market price does not
Intel (NASDAQ:INTC) stock is now where Advanced Micro Devices (NASDAQ:AMD) was when it named Lisa Su as CEO. It’s on the bottom.
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Bob Swan, who was chief financial officer becoming CEO, recruited Pat Gelsinger from VMWare (NYSE:VMW) to succeed him. Gelsinger took office in February, with the stock not too far from its current $55/share level. He then announced the transformation of the company. He plans to invest $100 billion to make Intel a chip foundry against Taiwan Semiconductor (NYSE:TSM).
The Supreme Court of the northern Shandong province in China has ruled that “cryptocurrency is not protected by law.”
What Happened: While delivering a verdict in a case that involved a potential fraud related to the purchase of crypto, the Supreme Court said in a statement that “investing or trading cryptocurrency is not protected by law.”
This could become another significant blow to China’s crypto industry after the crackdowns on crypto mining across the country.
As per the case, a Chinese plaintiff invested some....More>>>
For those not in the loop, stocks in the Zacks Transportation - Shipping industry are responsible for ferrying a high proportion of goods involved in world trade. Consequently, the demand-weakness due to coronavirus-led disruptions has been a huge setback to the industry player
Advisors Asset Management Inc. increased its stake in shares of Toyota Motor Co. (NYSE:TM) by 14.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,910 shares of the company's stock after purchasing an additional 363 shares during the period.
As recent news has sent it zooming again, should you buy Naked Brand (NASDAQ:NAKD) stock? It depends. If you prefer to invest based on the fundamentals, like I do, you may still want to stay away. There’s now an even heavier meme stock premium priced into this intimate apparel e-comm