Why I'm Not Selling MercadoLibre After a 100% Gain
The Latin American e-commerce and fintech leader is still a great long-term investment.
The Latin American e-commerce and fintech leader is still a great long-term investment.
New store openings, coupled with comparable sales growth, helped this business drive a double-digit revenue gain in Q1. In the past 12 months, the S&P 500 index has generated a total return of 13% (as of May 21). There's one growth stock that has handily outperformed the broader index, as it's up 61% in the past year.
Super Micro Computer's stock has recovered from the lows but is still down 62% from highs. The company's revenue is growing quickly, but profit margins are falling. With the potential of a cyclical downturn in semiconductors and AI, there is a lot of risk with Super Micro Computer stock.
Zacks highlights strong prospects for COST, CB, and CI, with Costco's steady growth, Chubb's strategic expansion, and Cigna's solid Q1 performance amid margin pressures.
A top U.S. bank's analyst raised her price target on the famous Japanese video game developer. Market players were eager to push the start button on Nintendo (OTC: NTDOY) stock as the trading week drew to a close. Shares of the storied Japanese video game company finished Friday up by more than 5% thanks in no small part to an analyst's price-target increase.
Investors looking for better stability may buy EADSY. Yet, investors with a higher risk appetite, betting on a rebound, might keep Boeing in their portfolio.
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future.
Barclays, NatWest Group and Aris Mining Corporation are today's breakout stocks.
Stocks slumped on Friday after President Trump lobbed new tariff threats at the EU and Apple, reviving the trade anxiety that had gradually subsided over the past month.
Several of the pandemic-era stocks have shown life over the last year, even outperforming the S&P 500. But has anybody even noticed?