BREAKING NEWS: Personal Finance

“Billy Gates” actually got something right for a change…

Mon, 04 Nov 2024 17:43:08 +0000

At around 4 a.m. on March 28, 1979, the quiet hum of machinery at the Three Mile Island nuclear plant in Pennsylvania was shattered by a cascade of alarms and error alerts.

It started with a relatively minor issue— a cooling pump malfunctioned, triggering an automatic shutdown of the reactor. But it quickly spiraled into a full-blown crisis.

The pressure in the reactor core rose sharply, and a relief valve malfunctioned, allowing radioactive coolant to leak out unnoticed. In the confusion, operators misinterpreted data and shut off the emergency cooling system, causing the reactor’s core to dangerously overheat, leading to a partial meltdown of the fuel rods.

As the news leaked that a partial meltdown might actually be underway, the media descended on the area, stoking fears of a full-scale nuclear catastrophe.

The government’s message shifted daily, with conflicting statements that did little to reassure an anxious public.

Pennsylvania’s governor feared ordering an evacuation would incite panic, though he ultimately recommended that pregnant women and young children within a five-mile radius evacuate. This only fueled widespread concern that the situation was far more serious than officials initially let on.

Yet by all measures, the incident was not that bad. No one died. And even in the immediate area, radiation never reached harmful levels.

In fact, the plant was not even shut down. While the unit that suffered the meltdown never reopened, another unit continued operating until 2019.

Nevertheless, public confidence in nuclear energy was obliterated that night, more than 45 years ago.

Three Mile Island became a symbol of nuclear failure, and left a lasting impression, to the point that it became a kind of social meme; even the spiciest wing sauce at the ‘Hooters’ restaurant chain is named “Three Mile Island.”

Combined with the meltdown at Chernobyl in the Soviet Union a few years later— which was actually catastrophic and deadly— these events virtually eliminated any nuclear power ambition for decades.

Then something interesting happened. No one wanted to build a nuclear power plant anymore. The public wouldn’t hear of it. So every private company with experience and expertise building those power plants shifted gears and started doing something else.

Fast forward a few decades, and nearly anyone with experience building nuclear power plants has either died or retired. The skill of building those plants has become more or less extinct.

Meanwhile, most governments around the world have become fixated on extremely inefficient wind and solar energy. They’re anti-fracking, anti-fossil fuel, and unfortunately, missing the obvious answer.

They should be going all in on nuclear power, which is far and away the most efficient energy technology known to man. It’s so extraordinary that a single rock of uranium contains enough nuclear energy to power an entire city.

Some countries understand this. China and India, for example, have been ramping up their development nuclear power plants for several years.

But in the West, and especially in the US, nuclear plants have been decommissioned, shut down, and demolished.

Part of this is due to the lingering memory of Three Mile Island, along with the media’s relentlessly bad portrayal of nuclear energy; they have been irresponsibly selling the dream of wind and solar as the future, while demonizing nuclear as a bad idea.

In fact, only three new nuclear power plants have been completed in the US since the start of this century.

And in the meantime, America has lost so much knowledge and experience about how to efficiently build these plants that developers today are struggling to figure it out.

As a result, two of the more recent nuclear reactors to be completed were seven years late and 2x over-budget.

Despite all this, I’m optimistic.

It’s hard to keep a good idea down forever, and nuclear is an incredibly good idea. And it’s one that’s truly needed.

First of all, demand for electricity is surging. The government wants to electrify everything— for example by forcing people to buy electric vehicles, and attempting to shift people away from heating and cooking with natural gas.

On top of that, the on-shoring of manufacturing back to the US will drive even more electricity demand. Plus the intense energy demands of AI data centers will push the US electrical grid well beyond its capacity.

America needs more power. And it needs it now.

We’ve talked about natural gas as a great short-term solution because US natural gas is very cheap, clean, and safe. The plants are efficient and quick to build, thanks to the up-to-date expertise of today’s companies.

But in the long run, nuclear is the most obvious solution.

The goal should be cheap, clean, safe, and reliable energy— which is necessary for a healthy economy. And nuclear fits that role better than anything else.

Interestingly, the reactor at Three Mile Island is set to reopen.

And Microsoft is writing the check to fund it.

Billy Gates, as we call him in our household, despite all his crazy talk during the pandemic, is a huge supporter of nuclear power. So at least with respect to nuclear, he’s absolutely right.

And the company that owns Three Mile Island, Constellation Energy, saw its stock price surge over 20% in a single day after the announcement of its joint venture with Microsoft.

But there are a lot of other nuclear energy related businesses—not to mention natural gas companies— that are trading at laughably low valuations.

And these are examples of the most important resources, i.e. “real assets” that we talk about all the time.

Energy is the foundation of the economy— really of modern human existence. It’s the most necessary component that drives every other real asset, from growing food, to powering productive technology.

You even need energy to produce more energy, i.e. drill for oil, mine coal, or dig up more uranium.

Given future energy trends, and the desire for cleaner, cheaper, more efficient sources, these are exactly the kinds of real assets worth paying attention to.

Many of them are dirt cheap for now. But that’s probably not going to last.

Source

Zoetis (ZTS) Q3 2024 Earnings Call Transcript

Mon, 04 Nov 2024 17:30:17 +0000

Image source: The Motley Fool.

Zoetis (NYSE: ZTS)
Q3 2024 Earnings Call
Nov 04, 2024, 8:30 a.m. ET

Operator

Why Intel Stock Was Slipping Today

Mon, 04 Nov 2024 17:28:10 +0000

Shares of Intel (NASDAQ: INTC) were falling today in response to news after hours on Friday that it would be removed from the Dow Jones Industrial Average and replaced by rival Nvidia.

The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years.

As of 11:16 a.m. ET, shares of Intel were down 3.2% on the news.

If You'd Bought 1 Bitcoin in 2007, Here's How Many Bitcoins You Would Own Now

Mon, 04 Nov 2024 17:23:00 +0000

Almost everyone knows by now that Bitcoin (CRYPTO: BTC) has been one of the best investments of all time. Investing just $20 into the cryptocurrency when it launched in 2009 would have turned you into a billionaire.

But what if you purchased just a single bitcoin the year it launched? How much would it be worth now, and might you actually have more bitcoins today than when you started? The answer might surprise you.

Investing in bitcoin is not like buying shares of a company. For example, public companies can issue more stock or even buy back their own shares at any time. Bitcoin, meanwhile, has a fairly defined supply trajectory, with its supply growth halving according to regular intervals. Around the year 2140, no new bitcoins will be mined, maxing out the total supply at 21 million bitcoins.

Where Will Rumble Stock Be in 3 Years?

Mon, 04 Nov 2024 17:17:35 +0000

Rumble (NASDAQ: RUM), a streaming video platform for smaller content creators that was founded in 2013 as an alternative to YouTube, went public by merging with a special purpose acquisition company (SPAC) just over two years ago. The combined company's stock started trading at $12.44 on the first day, but it now trades at about $6.

Rumble's stock was cut in half as its growth slowed down, it shed active users, it racked up persistent losses, and rising interest rates compressed its valuations. But could this underdog of the streaming video market bounce back over the next three years?

Image source: Getty Images.

Simon Property Group (SPG) Q3 2024 Earnings Call Transcript

Mon, 04 Nov 2024 17:15:12 +0000

Image source: The Motley Fool.

Simon Property Group (NYSE: SPG)
Q3 2024 Earnings Call
Nov 01, 2024, 10:00 a.m. ET

Operator

Martin Lewis says workers losing £369 each after National Insurance change

Mon, 04 Nov 2024 17:00:00 +0000

Money expert Martin Lewis has warned that workers face losing an average of £369 each due to National Insurance tax changes for employers.

1 Forgotten Growth Stock Down 95% Could Soon Soar 60%, According to Select Wall Street Analysts

Mon, 04 Nov 2024 16:58:12 +0000

In this video, I will go over fuboTV's (NYSE: FUBO) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were from the trading day of Nov. 1, 2024. The video was published on Nov. 4, 2024.

2 Things Investors Should Know About Alphabet Stock

Mon, 04 Nov 2024 16:56:08 +0000

The company is showing investors that the growth of artificial intelligence is not so bad for the business.

*Stock prices used were the afternoon prices of Nov. 1, 2024. The video was published on Nov. 3, 2024.

Why Constellation Energy Stock Crashed 11% After Earnings

Mon, 04 Nov 2024 16:52:45 +0000

Electric utility stock Constellation Energy (NASDAQ: CEG) tumbled 10% through 10:35 a.m. ET Monday morning despite beating analyst forecasts for third-quarter earnings this morning.

Wall Street anticipated Constellation would earn $2.64 per share, adjusted for one-time items, on sales of $5.7 billion. In fact, Constellation says it earned $2.74 per share, and sales exceeded $6.5 billion.

This good news gets better. Constellation's $2.74 profit was only a non-GAAP (adjusted) number. But earnings as calculated according to generally accepted accounting principles (GAAP) were $3.82 per share, an increase of 69% over last year's Q3 profit.

Why Yum China Stock Jumped Back Up Today

Mon, 04 Nov 2024 16:48:46 +0000

Shares of restaurant company Yum China (NYSE: YUMC), comprised mostly of Pizza Hut and KFC restaurants, jumped on Monday morning after the company reported financial results for the third quarter of 2024. Yum China stock had recently dropped about 15% from 52-week highs but it's bouncing back today, with investors enjoying a 9% gain as of 10:30 a.m. ET.

In Q3, Yum China opened up more than 400 net new locations, lifting its total restaurant count to nearly 16,000 locations. Same-store sales fell 3% during the quarter. But having the new restaurants boosted Q3 revenue by 5% year over year. And management was able to turn this into 15% growth for its operating profit, which hit $371 million in Q3.

With profits rising, Yum China's management is generously giving back to shareholders. The company planned to return $1.5 billion to shareholders with buybacks and dividends this year and it planned to return $3 billion from 2024 through 2026. Its returns for 2024 are firmly on track. But with its Q3 release, management increased this longer-term goal from $3 billion to $4.5 billion.

Is it Finally Safe to Buy Intel Stock?

Mon, 04 Nov 2024 16:48:31 +0000

Intel (NASDAQ: INTC) is making progress across its strategic initiatives, but it will take time for all the company's investments to bear fruit.

*Stock prices used were the afternoon prices of Nov. 1, 2024. The video was published on Nov. 3, 2024.

The 20,000 Isle of Man pensioners at risk of losing the State Pension triple lock

Mon, 04 Nov 2024 16:37:00 +0000

The Crown British dependency is looking for savings as it faces increased welfare spending with an ageing population.

The 8 Best Growth Stocks to Buy Now in November (2024)

Mon, 04 Nov 2024 16:35:44 +0000

This list of stocks includes some of the best-known companies in the world and some relatively unknown businesses.

*Stock prices used were the afternoon prices of Nov. 1, 2024. The video was published on Nov. 3, 2024.

Should You Buy Amazon Stock Right Now in November?

Mon, 04 Nov 2024 16:32:54 +0000

Amazon (NASDAQ: AMZN) is demonstrating excellent growth across its most important business segments.

*Stock prices used were the afternoon prices of Nov. 1, 2024. The video was published on Nov. 3, 2024.

Roku Plunges on Guidance. Is the Stock a Buy on the Dip?

Mon, 04 Nov 2024 16:30:00 +0000

After trading above $470 per share back in 2021, Roku (NASDAQ: ROKU) stock eventually lost over 90% of its value, and it has continued to struggle to reignite investor enthusiasm. And things got worse last week after the stock plunged following the streaming platform's third-quarter results.

The latest sell-off has left its shares down 25% year to date. Let's take a closer look at the company's report to see if this is a buying opportunity or if investors should stay away.

Despite the market reaction, Roku's third quarter was actually quite good. Revenue climbed 16% year over year to $1.06 billion, topping $1 billion for the first time and coming in above management's $1.01 billion outlook.

Here's Why Sherwin-Williams Stock Jumped Monday

Mon, 04 Nov 2024 16:10:41 +0000

The stock of coatings and paint supplier Sherwin-Williams (NYSE: SHW) popped Monday morning after news about the company was released late Friday. Shares jumped as much as 7% before paring some of that gain.

Still, as of 10:38 a.m. ET, Sherwin-Williams stock was higher by 4%. The move came after news that the well-known company will join the Dow Jones Industrial Average (DJIA) stock index. It will be replacing chemical maker Dow Inc. in the 30-stock index. Investors see that as good news for the stock that has already moved higher by about 20% this year. But it's not really why investors should be interested in owning shares.

Yum China (YUMC) Q3 2024 Earnings Call Transcript

Mon, 04 Nov 2024 16:00:14 +0000

Image source: The Motley Fool.

Yum China (NYSE: YUMC)
Q3 2024 Earnings Call
Nov 04, 2024, 7:00 a.m. ET

Operator

Warning as state pensioners lose £500 each from November

Mon, 04 Nov 2024 15:57:00 +0000

The vast majority of state pensioners will be £500 worse off from November and only some will be able to claim part of it back.

Massive News for Nvidia Stock and Intel Stock Investors

Mon, 04 Nov 2024 15:55:12 +0000

Nvidia (NASDAQ: NVDA) will be included in the Dow Jones Industrial Average, and Intel will be removed.

*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.

Are Boot Barn Investors Missing the Big Picture?

Mon, 04 Nov 2024 15:45:00 +0000

In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:

Then, Larry the Werewolf joins Ricky to take a look at Hershey and offer up his top three favorite candies for Halloween.

To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our beginner's guide to investing in stocks. A full transcript follows the video.

Sainsbury’s shoppers with a Nectar card issued £742 warning

Mon, 04 Nov 2024 15:43:00 +0000

Sainsbury's shoppers may be able to cut costs by shopping around.

The 19 Best Stocks to Buy Now in November (2024)

Mon, 04 Nov 2024 15:24:12 +0000

Stock market indexes have performed well in 2024, providing investors with an excellent return.

*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.

Why W. P. Carey Stock Slumped Nearly 11% in October

Mon, 04 Nov 2024 15:21:26 +0000

Shares of W. P. Carey (NYSE: WPC) tumbled 10.6% in October, according to data provided by S&P Global Market Intelligence. Weighing on the real estate investment trust (REIT) were its third-quarter results, a potential tenant issue, and an unexpected rise in government bond rates.

W. P. Carey reported its third-quarter results last month, which declined due to the impact of property sales. The diversified REIT has sold or spun off its entire office property portfolio over the past year. On top of that, one of its top tenants exercised its option to repurchase the portfolio of self-storage properties it had been leasing from the REIT. As a result, W. P. Carey's adjusted funds from operation (FFO) per share declined by 10.6% in the third quarter.

The REIT also got some potentially bad news from a leading tenant last month. True Value filed for bankruptcy in October. The home improvement retailer leased nine properties from the REIT, contributing 1.4% of its annual base rent (its 15th largest tenant). True Value was current on its rent and had agreed to sell substantially all its business to Do It Best. However, the bankruptcy added some uncertainty about the future rental payments on these properties.

Should You Buy Uber Stock on the Dip?

Mon, 04 Nov 2024 15:18:53 +0000

Uber (NYSE: UBER) stock is falling despite excellent growth in customers, profits, and cash flow.

*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.

Drivers incorrectly filling up at Tesco could get a criminal record

Mon, 04 Nov 2024 15:15:00 +0000

Tesco insisted that it is only following rules that apply to all petrol stations

Why Build-A-Bear Workshop Stock Jumped 11% Last Month

Mon, 04 Nov 2024 15:06:44 +0000

Shares of Build-A-Bear Workshop (NYSE: BBW) jumped 10.8% in October, according to data provided by S&P Global Market Intelligence. On one hand, this is a small-cap stock with low trading volume, which means that even subtle shifts in investor sentiment can make big waves with the stock price. Therefore, it's important to not read too much into the move. But there are some positive things happening with the business.

For context, Build-A-Bear's financial results had steadily declined for roughly a decade leading up to the pandemic. Then, seemingly out of nowhere, revenue and earnings per share skyrocketed to all-time highs. The question on every investor's mind is consequently, "Are these results sustainable?"

I see reason for optimism with a recent hire for Build-A-Bear. On Oct. 29, the company hired Kim Utlaut as its chief brand officer. Utlaut has 20 years experience in senior leadership at Coca-Cola. It's a big hire and the company made the move to try to sustain and build upon record results.

Peloton Stock Soars Following Huge Inflection Point in Profitability

Mon, 04 Nov 2024 14:58:46 +0000

Peloton (NASDAQ: PTON) appears to have overcome its most significant risks and is on a path to sustainable business development.

*Stock prices used were the afternoon prices of Oct. 31, 2024. The video was published on Nov. 2, 2024.

Martin Lewis urges people earning over £60,000 to claim HMRC benefit

Mon, 04 Nov 2024 14:50:00 +0000

Money expert Martin Lewis says people earning more than £60,000 individual income should still claim the money from HMRC.

Warren Buffett Continues to Sell This Magnificent Stock. Should You Follow?

Mon, 04 Nov 2024 14:49:55 +0000

In this video, I will go over Berkshire Hathaway's (NYSE: BRK.B) third-quarter earnings and explain what Warren Buffett is up to. Watch the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were from the trading day of Nov. 1, 2024. The video was published on Nov. 3, 2024.

DWP code to look for on bank statements as UK households sent £25 a week

Mon, 04 Nov 2024 14:43:00 +0000

Thousands of households will get some extra cash this winter

Don't Count Intel Out Yet: Why Now Could Be the Best Time to Buy

Mon, 04 Nov 2024 14:24:42 +0000

In this video, I will be talking about the recent updates regarding Intel (NASDAQ: INTC) and explain why I remain bullish despite Nvidia replacing Intel in the Dow Jones Industrial Average. Watch the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were from the trading day of Nov. 1, 2024. The video was published on Nov. 3, 2024.

Elon Musk's Big Gamble: Will Tesla Stock Plunge if Kamala Harris Wins the Election?

Mon, 04 Nov 2024 14:19:54 +0000

At least in terms of dollars, there may be nobody with more on the line in the upcoming election than Tesla (NASDAQ: TSLA) CEO Elon Musk.

Out of any well-known business leader, Musk has been the most visible advocate for former president Donald Trump, even appearing at his rallies, including Trump's "closing argument" rally last Sunday at New York City's Madison Square Garden.

It's a bit ironic that Musk has chosen to align with Trump, as the former president has regularly derided electric vehicles and renewable energy, but Musk seems to prioritize the GOP's promise to cut regulations and believes Trump is more aligned with his views on other issues like "free speech." Musk was also reportedly stung by President Joe Biden's not inviting him to participate in a panel discussion on EVs near the start of Biden's administration. He has since drifted away from Democrats and toward Republicans.

Families could pay up to 70.5% tax on unused pension funds after Reeves's Budget

Mon, 04 Nov 2024 14:07:00 +0000

The new pension policy set to take effect will have a "massive" impact on families and their estate planning, an expert has said.

2 Magnificent S&P 500 Dividend Stocks Down 27% to 51% to Buy and Hold Forever

Mon, 04 Nov 2024 14:00:00 +0000

Dividends have played an integral role in many S&P 500 companies. The payouts serve as a stabilizing force in such stocks, and some continue to hold considerable growth potential.

Admittedly, many of the S&P's top dividend stocks have set new all-time highs recently. Nonetheless, investors can still find dividend payers worth buying -- stocks that have struggled of late but show signs of resilience. Not only can they offer shareholders cash payouts but also the potential for stock price gains.

Two worth considering now are AT&T (NYSE: T) and Realty Income (NYSE: O). Both could prosper despite recent challenges. Here's why.

Why Kinder Morgan Stock Surged 11% in October

Mon, 04 Nov 2024 13:51:07 +0000

Shares of Kinder Morgan (NYSE: KMI) rallied 11% in October, according to data provided by S&P Global Market Intelligence. Fueling the pipeline stock was its solid third-quarter results and optimism about the growth that lies ahead.

Kinder Morgan reported stable third-quarter results in October. The natural gas pipeline giant's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was $1.8 billion, a 2% increase from the prior-year period. Meanwhile, distributable cash flow was flat at $0.49 per share. That kept the company on track to grow its adjusted EBITDA by 5% this year, while its cash flow should rise by about 8%.

The company also continued to approve additional expansion projects. It sanctioned the $455 million Gulf Coast Express Pipeline expansion, which will add 570 million cubic feet per day (MMcf/d) of additional capacity when it comes online in the middle of 2026. The company also approved a $94 million Gulf Coast Storage Expansion project to add 10 billion cubic feet (Bcf) of additional natural gas storage capacity when it enters service in the first half of 2027. Those projects helped refill its backlog, which ended the quarter with $5.1 billion of projects under construction, only down slightly after finishing $484 million of projects in the quarter.

As Reality Labs' Losses Keep Growing, Meta Platforms Should Take the Hint From Apple

Mon, 04 Nov 2024 13:45:00 +0000

Meta Platforms (NASDAQ: META) stock pulled back after its earnings report Wednesday night. The stock was trading down 3% after hours, even as the social media giant edged past estimates on the top and bottom lines. The Facebook parent had already soared this year, so expectations were high coming into the report.

Revenue rose 19% to $40.6 billion, which topped the consensus at $40.29 billion, and earnings per share jumped 37%, helped by a lower tax rate, to $6.03, beating expectations at $5.25.

However, with the stock price arguably getting stretched and growth in the advertising business slowing, investor attention turned to the company's spending in its Reality Labs division, and they didn't like what they saw.

34 DWP errors that could reduce the size of your state pension

Mon, 04 Nov 2024 13:39:00 +0000

The state pension is currently worth £221.20 a week, adds up to £11,502.40 a year, and is set to go up to just under £12,000 in April next year.

The Best Technology ETF to Invest $1,000 in Right Now

Mon, 04 Nov 2024 13:30:00 +0000

The S&P 500 has generated a total return of 253% in the past decade. That's a fantastic gain for a passive investment vehicle that provides access to a large group of companies in different industries.

But some investors might want exposure to specific areas of the economy, such as technology-related businesses. If this sounds like you, then you should consider buying $1,000 worth of Invesco QQQ Trust (NASDAQ: QQQ). Here's why.

The Invesco QQQ Trust is an exchange-traded fund (ETF) that tracks the performance of the 100 largest non-financial stocks on the Nasdaq exchange. This is much different than the S&P 500 which follows the movements of the 500 biggest U.S.-based companies.

Just when you thought inflation nightmare was over - now Reeves is bringing it back

Mon, 04 Nov 2024 13:25:00 +0000

The cost-of-living crisis was such a nightmare, you might have thought Labour would do all it could to avoid a quick return. Unfortunately, Rachel Reeves had other ideas.

Rocket Lab Stock: Buy, Sell, or Hold?

Mon, 04 Nov 2024 13:15:00 +0000

The age of private space flight is upon us. Catalyzed by SpaceX's large reusable rockets, commercial customers are now able to easily and reliably launch stuff (mostly satellites) into space. Analysts estimate the entire space economy to be worth $630 billion in 2023 and expect it to boom to $1.8 trillion by 2035 due to the huge growth in private space offerings, which is a lot of spending for suppliers to go after.

Given this booming demand, there are many companies vying to be the next SpaceX. Enter Rocket Lab (NASDAQ: RKLB). The upstart is growing strongly and has major ambitions to compete with SpaceX and become a fully integrated space flight company. Shares are on a tear in 2024, up over 100% year to date (YTD). Is Rocket Lab stock a buy, sell, or hold at these prices? Time to dig into the numbers and find out.

What is a vertically integrated space flight company? Rocket Lab management defines it as a company that can offer customers the full space flight package for any mission. It wants to provide launch capabilities, hardware systems that operate in space, and software analytics services.

This Beaten-Down Stock Could Soar by 354%, According to Wall Street

Mon, 04 Nov 2024 13:00:00 +0000

In the exciting and volatile biotech industry, stocks can soar quickly on clinical or regulatory progress. Reliably predicting which ones will do so in advance is impossible, but we can get some clues from Wall Street analysts.

According to analysts' consensus estimate, Intellia Therapeutics (NASDAQ: NTLA), a clinical-stage biotech, boasts a substantial upside. Its shares could jump by 354% if we go by their average price target of $65. Should you put your money in Intellia Therapeutics right now, expecting massive gains?

Let's find out.

Should You Forget Amazon? Why These Unstoppable Stocks Are Better Buys.

Mon, 04 Nov 2024 12:55:00 +0000

I don't really think any investor should forget about Amazon, as if anyone could. Amazon has incredible future potential in e-commerce, artificial intelligence (AI), and more. Amazon stock is up 31% this year, and it's the leading player in two of the world's most important industries right now. Sixty-three out of 67 covering analysts call Amazon stock a buy, with the other four calling it a hold.

However, the staggering gains investors have benefited from in the past aren't likely to be reproduced; Amazon is already a huge company, and as much potential as it has, it's building on a huge foundation. Doubling or tripling its business at current levels is going to take longer than it did when Amazon was getting started.

Investors looking for supercharged growth are more likely to find it in younger stocks with massive growth opportunities. If you're looking for a candidate for your portfolio, I have some ideas for you. Consider e.l.f. Beauty (NYSE: ELF) and Revolve Group (NYSE: RVLV), two young companies that are leveraging digital platforms to compete with industry leaders.

2 Supercharged Stocks to Buy in November, and 1 to Avoid

Mon, 04 Nov 2024 12:45:00 +0000

Investing in the tailwinds behind technological innovation can produce wealth-building returns in the stock market. But just because a stock is soaring in value doesn't mean it's worth buying. It's always important to consider a company's valuation relative to business fundamentals.

To aid you in your search, here are two stocks I would buy today with my money, and one I would avoid.

Spending on data center infrastructure is booming. Companies are upgrading hardware and components to support artificial intelligence (AI) workloads. Broadcom (NASDAQ: AVGO) benefits from this trend as a leading supplier of semiconductors, networking hardware, and software solutions for data centers. The stock nearly doubled over the last 12 months but still trades at a reasonable valuation that can support excellent returns over the next several years.

Will This Big-Box Behemoth Keep Beating the Market?

Mon, 04 Nov 2024 12:30:00 +0000

In this video, Motley Fool contributor Jason Hall explains why Costco (NASDAQ: COST) has been such a wonderful investment, but also why it may struggle to beat the market going forward.

*Stock prices used were from the afternoon of Oct. 31, 2024. The video was published on Nov. 4, 2024.

The Smartest Fintech ETF to Buy With $500 Right Now

Mon, 04 Nov 2024 12:22:00 +0000

Look all around you. You'll quickly see how technological shifts are altering our economy and consumer behavior. One such area where this is strikingly clear is in the fintech sector.

The problem is that investors who want exposure to this secular trend might not know where to start in terms of finding individual stocks to buy. This is where an exchange-traded fund (ETF) comes into the picture to provide adequate exposure for your portfolio.

With that being said, here's why Ark Fintech Innovation ETF (NYSEMKT: ARKF) might be the smartest fintech ETF that investors should buy right now with $500.

Is Pfizer Stock a Bargain for Long-Term Investors?

Mon, 04 Nov 2024 12:15:00 +0000

The Federal Reserve's ongoing rate-cutting cycle is already triggering a major shift in investor sentiment. As yields on fixed-income investments decline, institutional investors are clearly rotating into dividend-paying stocks, particularly those trading at reasonable valuations and above-average yields. In fact, several high-yield dividend stocks have outperformed the S&P 500 in 2024. This environment makes Pfizer's (NYSE: PFE) hefty 5.9% dividend yield and rock-bottom valuation especially intriguing.

The pharmaceutical giant's stock has severely lagged the broader market in 2024, falling 2.43% while the S&P 500 has surged 21.4% this year. Trading at just 9.4 times forward earnings-a steep discount to its peer group average of 17 times-Wall Street seems fixated on Pfizer's uneven COVID revenues, competitive positioning in key areas like oncology, and recent business development activities.

Image Source: Getty Images.

1 Top Growth Stock Down 50% to Buy After Its Recent Pullback

Mon, 04 Nov 2024 12:15:00 +0000

TransMedics (NASDAQ: TMDX) is on a mission to revolutionize the organ transplant process. Thanks to the company's Organ Care System (OCS), TransMedics' equipment essentially keeps donated livers, hearts, and lungs "functioning" as they are en route to their donee.

Powered by this incredibly important capability, the company's OCS has been rapidly adopted by transplant centers across the United States, as evidenced by TransMedics' revenue rising 13-fold in just the last three years.

After purchasing shares just over a year ago, I knew that these remarkable growth rates would undoubtedly make owning TransMedics a wild ride. And the stock has not disappointed. After the promising growth stock nearly tripled in price in less than a year of my owning it, it plummeted 50%, leaving me slightly above my original cost basis.

DWP PIP update over half-year long wait time for assessments

Mon, 04 Nov 2024 12:01:59 +0000

The Department for Work and Pensions (DWP) has issued new information over PIP assessment wait times

My 3 Favorite Stocks to Buy This November

Mon, 04 Nov 2024 12:00:00 +0000

With November here, investors can start thinking about how they want to position their portfolio for 2025. One trend that has arrived and stuck around is artificial intelligence (AI), so having a portion of your portfolio devoted to this generational shift is critical.

In this space, I like Taiwan Semiconductor (NYSE: TSM) and Meta Platforms (NASDAQ: META). However, that doesn't mean investors can ignore other parts of the market.

There are some screaming deals in some areas, and many companies have been ignored for years. These represent great values, and I think buying shares of a business like PayPal (NASDAQ: PYPL) is a great way to balance out the growth of AI with more traditional value investing.