Articles for category: Tech Stocks

March 20, 2025

Ron Finklestien

Top Momentum Stock Picks for March 20th 2023

Three Strong Stocks to Buy This March with Momentum For investors looking to strengthen their portfolios, here are three stocks with a strong buy ranking and notable momentum characteristics to consider today, March 20th: Hang Seng Bank (HSNGY) As one of Hong Kong’s largest listed financial institutions, Hang Seng Bank holds a Zacks Rank #1 (Strong Buy). Over the last 60 days, the Zacks Consensus Estimate for its current year earnings has risen by 5.8%. Price Performance and Consensus Estimate Hang Seng Bank Ltd. price-consensus-chart | Hang Seng Bank Ltd. Quote In the past three months, Hang Seng Bank’s shares

March 20, 2025

Ron Finklestien

Seizing the Moment: Turning Market Declines into Investment Opportunities

Why Staying Invested During Market Drops is Often the Smartest Move A few weeks ago, I decided to check my portfolio. That turned out to be a poor choice. Red. Red. More red. Numbers that seemed stable not long ago have now plummeted. My retirement account? Down. My brokerage account? Also down. Even my confidence in the market? Suffering. (Okay, maybe not that drastic.) Many share this sentiment. Whenever the market declines, fear grips investors. It’s a cycle as predictable as the market itself: Signs of economic weakness appear, headlines scream “RECESSION FEARS,” and many investors contemplate selling. I understand

March 19, 2025

Ron Finklestien

Should Investors Buy Nike Stock as its Q3 Earnings Approach?

Investors will get a glimpse at how the consumer discretionary sector is fairing with Nike NKE set to release results for its fiscal third quarter after-market hours on Thursday, March 20.   While the broader market selloff hasn’t caused a further nose dive in Nike’s stock in recent weeks, NKE is only 7% above its 52-week low of $68 in mid-February and still well off its one-year high of $101 last March. Wall Street will be eying the retail apparel giant’s performance in China amid tariff concerns, and looking for an indication that a return to meaningful sales growth is ahead.

March 16, 2025

Ron Finklestien

Crypto Market Update: Traditional Finance Embraces Cryptocurrency, BlackRock Capitalizes on Price Drops

Crypto Market Update: Bitcoin Surges, Ethereum Follows Suit Current Prices for Bitcoin and Ethereum Bitcoin (BTC) is presently trading at US$84,601.01, marking a 5.5% rise in the last 24 hours. This trading day saw Bitcoin reach a high of US$85,139.55 and drop to a low of US$82,705.87. Bitcoin’s performance continues to be swayed by macroeconomic elements, regulatory changes, and market sentiment. Factors like US-China tariffs, US Federal Reserve policies, and the crypto-friendly stance of Donald Trump have significantly influenced prices. Notably, Bitcoin broke a support trend line against gold, which had been stable for over 12 years. Chart via TradingView.

March 14, 2025

Ron Finklestien

Top Income Stocks to Consider Purchasing on March 14th

Top Three Dividend Stocks to Buy Now for Income Here are three stocks with a buy rank and appealing income characteristics for investors to consider today, March 14: Crescent Energy Company CRGY: The energy firm has seen the Zacks Consensus Estimate for this fiscal year’s earnings rise by 24.2% over the last 60 days. Crescent Energy Company Price and Consensus Crescent Energy Company price-consensus-chart | Crescent Energy Company Quote This Zacks Rank #1 company offers a dividend yield of 4.5%, significantly higher than the industry average of 0.0%. Crescent Energy Company Dividend Yield (TTM) Crescent Energy Company dividend-yield-ttm | Crescent

March 13, 2025

Ron Finklestien

SandRidge Reports Lower Q4 Earnings Year-on-Year, But Production Surge Enhances Future Projections

SandRidge Energy Reports Mixed Q4 Earnings Results and Future Plans Shares of SandRidge Energy, Inc. (SD) have increased by 4.4% following the announcement of 2024’s fourth-quarter earnings. This performance contrasts with the S&P 500 index, which saw a 3.5% decline during the same period. However, over the last month, the stock has dropped 4.6%, while the S&P 500 has decreased by 9.1%. Financial Performance Overview For the fourth quarter of 2024, SandRidge reported adjusted earnings per share of 34 cents, a decrease of 3% from 35 cents in the same quarter last year. Total revenues for the fourth quarter were

March 13, 2025

Ron Finklestien

Top Momentum Stocks to Consider Investing in on March 13th

Three Top Stocks to Consider with Strong Momentum Investors looking for promising stocks should consider these three options identified on March 13, all showing a buy rank and strong momentum: The Bank of New York Mellon Corporation (BK) This financial services provider holds a Zacks Rank of #1, and its consensus earnings estimate for the current year has increased by 5.3% over the past 60 days. Price Performance and Consensus The Bank of New York Mellon Corporation price-consensus-chart | The Bank of New York Mellon Corporation Quote The Bank of New York Mellon Corporation’s shares rose by 2.7% over the

March 13, 2025

Ron Finklestien

Is Now the Time to Invest in Casey’s General Stores (CASY) Stock Following Earnings?

Casey’s General Stores Surpasses Earnings Expectations in Q3 Casey’s General Stores CASY experienced a notable surge in its stock during Wednesday’s trading session, following the release of strong earnings for its fiscal third quarter last evening. The company’s performance stood out amid earnings reports from other significant retailers, including Dick’s Sporting Goods DKS and Kohl’s KSS. Today, Casey’s stock increased by over 6%, reaching above $400 per share. Q3 Financial Highlights In the third quarter, Casey’s sales surged 17% year-over-year to $3.9 billion, up from $3.32 billion in the same period last year. Fuel gallons sold saw a 20% increase, contributing to

March 12, 2025

Ron Finklestien

Do Stock Splits Indicate a Buying Opportunity?

Why Investors Should Be Cautious About Stock Splits In recent years, we’ve observed numerous significant stock splits as companies strive to enhance liquidity and lower barriers for new investors. Splits can reduce share prices, making stocks more accessible to a wider range of investors, although the advent of fractional share investing has mitigated the issue for many. However, it’s important for investors to avoid a blind rush to buy shares following a split. Here’s why. Understanding Stock Splits: A Cosmetic Change It’s essential to recognize that stock splits are merely cosmetic adjustments that do not influence a company’s overall valuation.

March 12, 2025

Ron Finklestien

Genie Energy Sees Yearly Decline in Q4 Earnings Amid Ongoing Margin Challenges for 2025

Genie Energy Reports Mixed Q4 Results Amid Margin Pressures Shares of Genie Energy Ltd. (GNE) have decreased by 6.3% since the announcement of fourth-quarter 2024 results, in contrast to a 2.8% decline in the S&P 500 index during the same period. Over the past month, the stock has slipped 1.7%, whereas the S&P 500 has fallen by 8.3%. Fourth Quarter Financial Overview Genie Energy reported earnings per share (EPS) of 24 cents for the fourth quarter of 2024, which reflects a significant decrease of 33.9% compared to 37 cents in the prior-year quarter. The company’s consolidated revenues in Q4 2024