Articles for author: Ron Finklestien

January 3, 2024

Ron Finklestien

Goldman Sachs Analyst Downgrades Auto Suppliers The Auto Industry Faces Headwinds: Goldman Sachs Downgrades Magna International Inc and Aurora Innovation Inc

The auto industry has been in focus, with the spotlight shining on electric vehicle (EV) makers. In the midst of this paradigm shift, Goldman Sachs has forecasted a slowdown in auto volumes for 2024, following a period of robust growth in both production and sales due to the alleviation of supply chain challenges. Mark Delaney, the esteemed auto analyst, has made a significant move by downgrading the ratings for industry players. Magna International Inc, previously rated a Buy, has now been relegated to Neutral, while Aurora Innovation Inc has transitioned from a Neutral to a Sell rating. Delaney’s Insight: In

January 3, 2024

Ron Finklestien

How to Generate Wealth with Income and Capital Growth How to Generate Wealth with Income and Capital Growth

Heartwarming Childhood Memories of Sardinia In 1932, the acclaimed Italian author Elio Vittorini took part in a remarkable literary excursion to Sardinia, organized by a prominent Italian magazine. The purpose was to award a prize for the best travelogue on the island. From this experience emerged a slender, charming volume published a few years later under the title, “Sardinia Like Childhood,” a poignant account of rediscovering the authenticity of life. It was born from a profound desire for living and the wisdom acquired through encounters with the natural beauty, communities, people, and traditions of Sardinia. Sardinia is not just an

January 3, 2024

Ron Finklestien

Stock Market Plunges: Can the Bulls Turn the Tide?

The tumultuous start of 2024 has sent shockwaves across Wall Street, with all major stock averages bleeding red on the second trading day of the year. As the clock struck noon in New York, the tech-heavy Nasdaq 100 nosedived by 1%, pushing its two-day slump to 2.6%, without any reprieve for the blue-chip stocks of the Dow Jones, which had managed to evade losses on Tuesday. The S&P 500 index is on the brink of closing a dismal third consecutive day, a bearish stretch unseen since late October. Even small-cap stocks, the darlings of the late 2023 rally, are underperforming,

January 3, 2024

Ron Finklestien

Waste Management Share Price Takes a Dive after Seven-Day Winning Streak Waste Management Share Price Takes a Dive after Seven-Day Winning Streak

SAV_____A/iStock via Getty Images On Wednesday, Waste Management (NYSE:WM) witnessed its first decline in seven days, breaking its winning streak that had lasted since Dec. 20. The environmental solutions company saw its shares lower by 0.24% to $179.17 per share as of 1333 ET. Over the seven-day rally, the stock had surged approximately 2.19%. Over the past 12 months, WM shares have gained around 14.08%, with the stock hovering near its all-time highs at its current value. According to Seeking Alpha’s Quant ratings, Waste Management held a Hold rating with a score of 3.26 out of 5. The company received

January 3, 2024

Ron Finklestien

The Big Retail Debate: Wall Street’s Take on Walmart (WMT)

The Importance of Wall Street Analysts’ Recommendations When it comes to making investment decisions, the guidance of Wall Street analysts weighs heavily in the minds of curious investors. Notoriously known for their influence on stock prices, these recommendations are often treated as gospel. But should they be? Before we delve deeper into the reliability of these recommendations and their utility for investors, let’s first take a glance at what Wall Street’s finest have to say about the retail behemoth, Walmart (WMT). Walmart’s Brokerage Recommendations Walmart currently boasts an average brokerage recommendation (ABR) of 1.44, suggesting a stance between Strong Buy

January 3, 2024

Ron Finklestien

Stablecoins Transforming Capital Markets Stablecoins Transforming Capital Markets

Lending markets have undergone a profound evolution, departing from traditional bank-centric structures and adopting a more diverse and technologically advanced ecosystem, especially since the Global Financial Crisis (GFC). This transformation is fundamentally reshaping the landscape of capital aggregation and distribution. Embracing Blockchain for Efficient Capital Flows The role of traditional banks in capital distribution has waned post-GFC, creating an opportunity for fintech lending firms such as SoFi and Ramp. These companies have introduced innovative solutions, including buy now, pay later (BNPL) options, by harnessing online platforms, data analytics, and machine learning. However, challenges like archaic payment systems and SME funding

June 7, 2023

Ron Finklestien

Empowering Citizen Engagement: The Importance of Active Participation in Politics

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June 5, 2023

Ron Finklestien

Creative Expressions: Unleashing the Power of Imagination and Inspiration

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June 4, 2023

Ron Finklestien

Political Satire: The Art of Criticism and Freedom of Expression

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June 3, 2023

Ron Finklestien

The Transformative Power of Art: Exploring its Role in Society and Cultural Expression

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