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
The stock market once again proved its resilience on Thursday, managing to mount a substantial comeback from large declines earlier in the day. The Nasdaq Composite (NASDAQINDEX:^IXIC) even managed to post a modest gain by the end of the trading session, and although the S&P 500 (SNPINDEX:^GSPC) and Dow Jones Industrial Average (DJINDICES:^DJI) finished lower, they were well off their worst levels by the close.
Cybersecurity technology company CrowdStrike (NASDAQ:CRWD) has given investors plenty to cheer about lately. CRWD stock has risen nearly 30% so far in 2021 and 78% over the past year.
That kind of growth has led many investors to question whether a slowdown is imminent. The good news is that it doesn’t appear to be. Despite the rapid price appreciation in CRWD stock, there’s likely quite a bit more in store.
A Closer Look at CRWD Stock
CrowdStrike has been in a sustained uptrend since March 2020 and doesn’t look....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