New Mexico-headquartered Virgin Galactic (NYSE:SPCE) was famously founded by billionaire Richard Branson with a vision of taking people who aren’t necessarily professional astronauts into space. It’s an intriguing business model — one you’ll need to believe in if you plan to hold SPCE stock for the long term. Source: Christopher Penler / Shutterstock.com So far, it
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In general, 401(k) plans and 403(b) plans are very similar—both are defined-contribution retirement plans offered by employers to employees. The primary difference between the two is the type of employer that typically sponsors them and the investment options. The 403(b) plan is offered to employees of tax-exempt organizations, such as charitable organizations and public schools.
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What prompts people to buy and hold shares of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL)? Oftentimes, they own GOOG stock simply because Alphabet is the parent company of ultra-popular search engine Google. Source: Benny Marty / Shutterstock.com Yet, Google’s popularity isn’t the only reason to maintain a stake in Alphabet. That’s because the shareholders also get exposure to artificial
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By all rights, SmileDirectClub (NASDAQ:SDC) shareholders should be a happy bunch right now. After all, Covid-19 kept many people out of dental offices, creating the perfect opportunity for a company built around remote teledentistry. In addition, pandemic-weary consumers have spent 2 years of boosting spending on self-care. Improving their smile should have been a no-brainer. However,
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This was the year Oracle (NASDAQ:ORCL) was finally recognized as a cloud player. When ORCL stock hit its all-time high on Dec. 6, investors were looking at a 67% year-to-date gain. Today, shares are up a little more than 40%, thanks in part to the omicron downdraft but also thanks to Oracle’s purchase of Cerner
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The markets have been in a correction mode in recent weeks, presenting a good opportunity to accumulate quality stocks. Lucid Group (NASDAQ:LCID) stock should be among the top names on your radar to consider at current levels. Source: Around the World Photos / Shutterstock.com Relative tightening of liquidity by the Federal Reserve is one reason
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Rivian (NASDAQ:RIVN) recently hit new lows on Dec. 17 after reporting earnings. RIVN stock fell 10% as a result of a top- and bottom-line miss, the company’s first report as a public company.  Source: Miro Vrlik Photography / Shutterstock.com Even with the drop, Rivian commands a market capitalization of $84 billion. That’s more than Ford
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Fidelity Investments reported that the number of 401(k) millionaires—investors with 401(k) account balances of $1 million or more—reached 233,000 at the end of the fourth quarter of 2019, a 16% increase from the third quarter’s count of 200,000 and up over 1000% from 2009’s count of 21,000. Joining the ranks of the 401(k) millionaires is actually quite achievable,
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When Southeast Asian ride-hailing and delivery company Grab Holdings (NASDAQ:GRAB) completed a reverse merger with special purpose acquisition company Altimeter Growth Corp. in early December it made history as the largest company to go public via a SPAC merger. Yet, this didn’t stop GRAB stock from plummeting more than 20% on the day of the merger.
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Inflation has been surging, including a 6.8% increase in November compared to the prior year. This was the largest year-over-year increase in nearly four decades. The Federal Reserve’s response could boost some dividend stocks. In order to help keep inflation from spiraling out of control, the Fed announced that tapering of asset purchases would likely
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Sometimes a stock mysteriously rises without any identifiable logic. That’s essentially what happened in the case of AeroClean Technologies (NASDAQ:AERC) stock, which rose meteorically, only to quickly plummet.  Source: Maridav/ShutterStock.com It is really a very strange tale in the world of the stock market. There’s plenty of precedent in recent times for strange tales within
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