The first pick highlighted in the original article is Micron Technology, which is touted as benefiting from the ongoing artificial intelligence (AI) wave. The company reported strong earnings for the fiscal third quarter, leading to a bullish investment thesis from Goldman Sachs analyst Toshiya Hari. While Hari sees potential in AI-driven demand and market share
Investing
Investing in dividend-paying stocks has become a popular choice among investors looking to bolster their portfolios and increase returns. One such attractive dividend stock is Darden Restaurants (DRI), a company that operates well-known brands in the full-service dining industry. Despite facing challenges in the fourth quarter of fiscal 2024 with slightly lower-than-expected sales, Darden Restaurants
The iconic clothing maker Levi Strauss is experiencing a revival in Western wear, thanks to a cultural shift towards denim on denim styles. The company’s CEO, Michelle Gass, recently expressed excitement over the growing popularity of Western wear, citing a surge in demand for not just traditional blue jeans, but also denim shirts, skirts, dresses,
The release of Vanguard’s annual report, How America Saves 2024, sheds light on the current state of Americans’ retirement savings. While the report shows that investors are saving more than in the past, there is still a need for increased savings to ensure a comfortable retirement. With the median 401(k) balance of those nearing retirement
One of the top stock picks favored by analysts is Delta Air Lines (DAL), America’s second-largest carrier. With a presence in more than 290 destinations across six continents, Delta operates around 4,000 daily flights. Analyst Helane Becker from TD Cowen recently reiterated a buy rating on DAL with a price target of $55. Becker highlighted
Warren Buffett’s Berkshire Hathaway has been making strategic moves in the energy sector by steadily increasing its stake in Occidental Petroleum over the past nine trading sessions. With each trading day from June 5 to Monday, Berkshire Hathaway acquired an additional 7.3 million shares of Occidental Petroleum, bringing its total holding to over 255 million
Nvidia’s recent surge in the market has set off a chain reaction that will force the Technology Select Sector SPDR Fund (XLK) to make some significant changes in its portfolio. The index that the XLK follows will soon undergo a rebalance, taking into account the adjusted market cap values as of Friday’s closing. This will
Investing in dividend-paying stocks is often seen as a way to provide stability and enhance returns in a portfolio. Kimberly-Clark, the consumer products giant behind brands like Huggies and Kleenex, is one such dividend pick recommended by top analysts on TipRanks. With a long history of raising dividends for over 50 consecutive years, KMB offers
Recently, Keith Gill, also known as “Roaring Kitty” online, has been making headlines once again. This time, it seems that he has increased his ownership in GameStop’s common stock significantly. The latest disclosure shows that Gill is now holding over 9 million GameStop shares, along with cash reserves exceeding $6 million. This revelation has sparked
GameStop shares took a significant hit, dropping by around 12% on Monday following a sell-off that began after a disappointing earnings report and an underwhelming livestream from Keith Gill, also known as Roaring Kitty. This decline came after the stock had already fallen by nearly 40% on Friday, bringing its price down to approximately $25