Upwork NASDAQ: UPWK is a technology firm that operates as an online marketplace, connecting freelance workers and independent contractors with employers. In 2024, the stock price is down 29% due to fears that AI will eliminate many freelance jobs. Now, most analysts covering the stock have a buy rating on it. Let\’s look at Upwork\’s…
A large part of building wealth involves delaying gratification. Therefore, you might find yourself wondering whether to buy your dream home now or wait for a better price. But what if you wait too long and your dream home disappears forever? You might end up kicking yourself later for trying to save money when you…
After years of a downtrend in their price, shares of Walgreens Boots Alliance Inc. NASDAQ: WBA have thrown in the towel this time. In a single day, the stock is down over 25% in a sign that can’t be taken in any other way than a ‘run’ message. However, some remain hopeful about the stock…
The Personal Consumption Expenditure (PCE) index came in as expected. That didn’t do much to move the market higher, but it may be enough to keep the momentum in equities going. But which equities? If you look closely, some questions remain. Approximately 60% of stocks in the S&P 500 are flat or lower for…
General Mills NYSE: GIS lies within the consumer staples sector and ranks in the top 10 largest food and beverage companies in the United States by revenue. In 2024, the share price is essentially where it started for the year, with a total return of just under 0%. GIS General Mills $62.49 -0.39 (-0.62%) (As of…
As an investor, understanding financial ratios is important to help assess the current state of a company. For example, we have P/E ratios, debt/equity ratios, EV/EBITDA ratios, interest coverage ratios, and so many more. We then compare each ratio to another company\’s financial ratio to make a more informed investment decision. As someone who worked…
$207.89 +2.14 (+1.04%) (As of 07/8/2024 ET) 52-Week Range $104.33 ▼ $230.63 Dividend Yield 1.64% P/E Ratio 27.94 Price Target $192.13 Qualcomm NASDAQ: QCOM is a dominant force in the semiconductor industry, designing and manufacturing wireless communication products and solutions. The industry is undergoing a significant transformation fueled by the burgeoning demand for AI-powered devices. This…
$257.44 -5.75 (-2.18%) (As of 07/8/2024 ET) 52-Week Range $193.68 ▼ $318.71 Dividend Yield 0.16% P/E Ratio 46.30 Price Target $292.79 Salesforce NYSE: CRM is the undisputed leader in cloud-based customer relationship management (CRM) solutions. Salesforce continues to navigate a pivotal period in its corporate evolution. As the company accelerates its integration of artificial intelligence (AI)…
$94.75 -0.24 (-0.25%) (As of 07/8/2024 ET) 52-Week Range $29.05 ▼ $98.69 P/E Ratio 231.10 Price Target $81.50 As the second quarter and first half of the year come to a close, CAVA Group Inc. NYSE: CAVA has gained significant attention for its remarkable stock performance, making it a standout name so far. Up 113% year-to-date,…
$73.08 -2.35 (-3.12%) (As of 07/8/2024 ET) 52-Week Range $73.00 ▼ $123.39 Dividend Yield 2.03% P/E Ratio 19.59 Price Target $97.19 Nike NYSE: NKE analysts are slashing their price targets and sending the stock to the bargain basement. The company’s Q4 results were good enough, but the guidance brought fear into the broader consumer discretionary market….
