Adding defensive healthcare stocks can be a great way to ride out continued volatility in the market. AbbVie (ABBV): Investors are overreacting to this venerable big pharma company’s recent earnings report. Amgen (AMGN): An established biotech company with a high forward dividend yield (3.33%). Baxter International (BAX): A reasonably-priced medical products provider on track to
0 Comments
EV upstart Lucid Motors (NASDAQ:LCID) delivered a strong earnings beat with its first-quarter results. Investors were lackadaisical, though, as LCID stock shed close to 12% of its value on its post-earnings sell-off. Analysts were expecting the EV firm to lose 31 cents per share on sales of $55.6 million. However, actual results came in significantly
0 Comments
Financial advisors who are also brokers are reimbursed by mutual fund companies when one of their clients invests in a fund the company sponsors. In such cases, the financial advisor receives a trailer fee, which is a fixed percentage of the client’s investment in a mutual fund, as long as the client’s money remains invested
0 Comments
Business development companies (or BDCs) offer generous yields to income investors. Great Elm Capital (GECC) is a BDC that makes loans and middle market investments. Newtek Business Service (NEWT) provides financial and business services to small and medium-sized businesses in the U.S. Capital Southwest (CSWC) offers credit and private equity investments in middle market companies,
0 Comments
Upstart (NASDAQ:UPST) is one of the most interesting financial technology (fintech) plays on the market right now. And even though some analysts are waving warning flags, I like the prospects of UPST stock in a rising interest rate environment. The company does lending differently than traditional banks. Instead of relying on credit scores, Upstart uses
0 Comments