Articles for author: Ron Finklestien

March 27, 2024

Ron Finklestien

The Road to 100%: Unveiling 3 Stocks Set for Double-Digit Growth

Investors often shy away from the allure of 100% returns in just 12 short months, preferring the steady marathon of long-term portfolio growth. Nonetheless, there are times when it’s wise to pounce on opportunities that promise a swift doubling of investment value. These instances typically revolve around strong companies experiencing temporary weakness or those with assured long-term funding. In this landscape, three stocks stand out as prime candidates for doubling your investment within the next year. The Fiverr Phenomenon Source: Temitiman / Shutterstock.com A casual glance at Fiverr (NYSE:FVRR) might not reveal a stock poised for a significant climb over

March 27, 2024

Ron Finklestien

Revealing the Facade: Expert Deems DJT’s Valuation Overinflated, Brand Blamed for Stock Success

Financial pundit Herb Greenberg has thrown a wrench into the stock market saga surrounding former President Donald Trump‘s media entity, Trump Media & Technology Group Corp, questioning its market valuation with an air of disbelief. Greenberg contends that if not for the Trump brand, the company would be languishing as a penny stock. During a recent segment on CNBC’s “Last Call,” Greenberg voiced his doubts regarding the legitimacy of the company’s current value. His skepticism resonates with ongoing discussions about the financial sustainability of Trump’s latest business endeavor, labeling it as excessively hyped. Greenberg boldly stated, “In any other world

March 27, 2024

Ron Finklestien

Stock Market Shakeup: GameStop’s Decline Sparks Pre-Market Tumble for Major Players

March 27, 2024 5:39 AM | 2 min read | U.S. stock futures were higher this morning, with the Dow futures gaining by more than 100 points on Wednesday. Shares of GameStop Corp. GME fell sharply in today’s pre-market trading as the company posted weaker-than-expected results for its fourth quarter on Tuesday. GameStop reported fourth-quarter net sales of $1.794 billion, down from $2.226 billion year-over-year. The net sales total missed a Street consensus estimate of $2.05 billion, according to data from Benzinga Pro. The company reported earnings per share of 22 cents for the fourth quarter, missing a Street estimate

March 27, 2024

Ron Finklestien

Decoding the Future of Social Security: Navigating the Financial Landscape

Embarking on your golden years with the knowledge that Social Security is secure is akin to sailing on a calm sea under a clear blue sky. However, the horizon may seem cloudy to many as concerns about the program’s solvency loom large. The question on everyone’s mind: Is Social Security truly on the brink of bankruptcy? Contrary to the doomsday prophecies circulating, Social Security isn’t hurtling towards extinction. Even in its most dire financial forecast, the program won’t vanish into thin air. That assurance alone is a buoy in stormy waters for those reliant on its benefits. Image credit: Getty

March 27, 2024

Ron Finklestien

The Rise and Potential Fall of the Artificial Intelligence Era in the Stock Market

On Wall Street, waves of innovation have crashed and receded over the years. From the dawn of the internet to recent marvels like blockchain and the metaverse, trends come and go, leaving behind ripples in their wake. However, none have stirred the waters quite like artificial intelligence (AI). The promise of AI lies in its ability to revolutionize businesses, allowing software and systems to handle tasks traditionally reserved for humans. With machine learning, these systems can evolve, learn, and potentially transform entire industries. It’s a technological marvel that has sparked the imagination of many, with PwC forecasting a whopping $15.7

March 27, 2024

Ron Finklestien

A Trio of Top Stocks Worthy of a $500 Investment Today

It has been a rollercoaster ride for investors over the past few years. Beginning in 2020, the renowned Dow Jones Industrial Average, expansive S&P 500, and closely monitored Nasdaq Composite, shifted between bear markets and bull markets annually. Predicting short-term market direction accurately has always been a challenge. However, the long-term trajectory of Wall Street’s major indexes has remained unequivocal. Historically, the stock market has proven to be a vehicle for building substantial wealth. With a focus on long-term investments, any time can be ripe for putting your money to work. Image source: Getty Images. Online brokerages have revolutionized wealth-building

March 27, 2024

Ron Finklestien

The Future Beckons: SoFi Emerges as a Top Contender in Banking Stocks – Insights on the Upcoming Five Years

Evolution into a Financial Powerhouse SoFi Technologies (NASDAQ: SOFI) has undergone a remarkable transformation, transcending its origins as a student loan cooperative to become a holistic provider of financial services through its digital banking platform. Offering a comprehensive array of services such as bank accounts and investment tools via a user-friendly app interface, SoFi has strategically diversified its revenue streams, weathering the storm of pandemic-related loan suspensions and effectively increasing its revenue per user while reducing operational costs. This strategic evolution has not only enabled SoFi to navigate through challenging times but has also positioned it as a formidable force

March 27, 2024

Ron Finklestien

Unlocking the Vault: A Look at the Unique Features of Roth IRA Accounts

Embracing Tax Freedom for Future Flexibility With the traditional retirement savings narrative dominated by restrictions and penalties, Roth IRAs stand out as beacons of liberty. By funding these accounts with after-tax dollars, individuals pay taxes upfront, paving the way for unrestricted access to contributions later on. In 2024, workers can allocate up to $7,000 in a Roth IRA, or $8,000 for those aged 50 or above. While contributions can be withdrawn at any point for urgent needs or reinvestment, navigating the rules for accessing earnings requires finesse. Navigating the Tax and Penalty Maze While Roth IRA contributions can be taken

March 27, 2024

Ron Finklestien

Unlocking the Potential: 3 Healthcare Stocks Under $1,000 Unlocking the Potential: 3 Healthcare Stocks Under $1,000

If you’re looking to enhance your portfolio with elements of diversification, safety, and growth, the healthcare sector might just be the answer you seek. This arena is rich with various opportunities spanning biotech, pharmaceuticals, medical devices, and more, each offering a unique profile. Some companies boast a history of stable earnings and dividends, while others hold the promise of future growth. Diversifying your investment across these healthcare entities can pave the way for a well-rounded portfolio that could reap substantial rewards in the long run. Wondering where to start? Here are three healthcare stocks that present as clear-cut choices, allowing

March 27, 2024

Ron Finklestien

The Resilient Past and Uncertain Future of 3M Stock

A Legacy of Resilience and Innovation Tracing its roots back to 1902, 3M (NYSE: MMM) has weathered storms and celebrated successes over the course of a sprawling history. From humble beginnings, where the company pivoted from a failed mineral mining endeavor to creating a defining product like Three-M-ite Abrasive Cloth in 1914, 3M has exemplified adaptability and foresight since its inception. This early triumph laid the foundation for its relentless focus on internal research and development, encapsulating the essence of its operations for over a century. With a diverse portfolio spanning safety and industrial, transportation and electronics, consumer, and healthcare