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Will Nvidia Be More Valuable Than Apple?
24/7 Wall Street· 2024-03-09 13:48
Will Nvidia Be More Valuable Than Apple? BING-JHEN HONG / iStock Editorial via Getty Images The Motley Fool recently asked whether Nvidia’s (NASDAQ: NVDA) market cap will eventually be higher than Apple’s (NASDAQ: AAPL). A recent sell-off in Nvidia shares makes this unlikely to happen soon. However, the long-term trends of the two stock prices make it fairly likely.For most of the last several years, Apple has had the largest market cap of US companies. In June 2023, it became the first public corporation ...
Costco Hits A Wall
24/7 Wall Street· 2024-03-09 13:21
Costco Hits A Wall jetcityimage / iStock Editorial via Getty Images Costco’s (NASDAQ: COST) revenue model is the envy of the retail industry. It charges consumers money to shop at its stores. “Members” spend as much as $120 yearly to go to Costco’s brick-and-mortar locations or shop at Costco.com. So, the retailer gets a steady line of recurring revenue, along with the amount people pay for goods and services. However, based on recent earnings, the model hit a wall.After it announced earnings, Costco’s st ...
6 Of Goldman Sachs Top 2024 Stock Picks Also Pay Big Dividends
24/7 Wall Street· 2024-03-08 15:53
6 Of Goldman Sachs Top 2024 Stock Picks Also Pay Big Dividends Chris Hondros / Getty Images The Artificial Intelligence rally over the last year, led by the so-called “Magnificent 7,” has been fantastic if you owned those stocks. However, most of the S&P 500 is treading water and will not likely ever catch up to the hype-driven AI stocks soon.With the market trading at all-time highs, investors will likely be lured into a false sense of financial security. The reality is the United States could be set for ...
Who Actually Owns Altria?
24/7 Wall Street· 2024-03-06 17:30
Who Actually Owns Altria? Mario Tama / Getty Images Altria is one of the most influential companies in the tobacco industry, although most people don’t know it by name. As the owner and operator of many large tobacco and cigarette brands, Altria’s influence extends into many subsidiaries, some of which aren’t even tobacco-related. Let’s look at Altria and find out who actually owns the company, plus a bit about its subsidiaries.To compile this content, 24/7 Wall Street used sources from Altria’s website t ...
Apple iPhone Sales Plunge in China
24/7 Wall Street· 2024-03-05 12:45
Apple iPhone Sales Plunge in China 2023 Getty Images / Getty Images News via Getty Images China is the largest smartphone market in the world. Approximately 900 million people own them. It is also the battlefield for global sales because of its size and the number of large competitors. Apple Inc. (NASDAQ: AAPL) has done well with iPhone sales in China for years, but its fortunes took a considerable turn for the worse at the start of this year.CounterPoint, the electronics research firm, reports Apple’s sa ...
IBM Badly Managed, High Yield
24/7 Wall Street· 2024-03-02 17:58
IBM Badly Managed, High Yield Sundry Photography / iStock Editorial via Getty Images Is a badly run company with a safe, high-yield dividend a good investment for those who want a predictable payout yearly? An answer to that question might be IBM (NYSE: IBM). These are some reasons to avoid IBM shares. IBM’s yield is 3.53%. Based on the company’s balance sheet and earnings, that will not likely erode. However, the stock has disappointed because of IBM’s financial results. Its shares are up 43% in the last ...
Dividend Stocks That Could Deliver Life-Changing Returns
24/7 Wall Street· 2024-03-02 14:50
Dividend Stocks That Could Deliver Life-Changing Returns relif / Getty Images 2022 was a dreadful year for investors, with the S&P 500 down almost 20% and the Nasdaq lower by a stunning 33%. What a difference a year can make. In 2023, the S&P 500 was up 24.2 %, with the longest weekly winning streak since 2004. The Nasdaq had an astounding 43.4% move higher, the most significant annual gain since 2020. The venerable Dow Jones Industrials came in up 13%.However, just ten companies have made up 95% of the g ...
The 6 Highest Yielding Warren Buffet Stocks Have Serious Upside Potential
24/7 Wall Street· 2024-02-29 13:10
The 6 Highest Yielding Warren Buffet Stocks Have Serious Upside Potential Chip Somodevilla / Getty Images If any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock star-like presence in the investing world, and his annual Berkshire Hathaway shareholders meeting draws thousands of loyal fans who are investors. Known for his long buy-and-hold strategies and his massive portfolio of public and private holdings, he remains one of the ...
CEO Trims Marriott Stake With Shares at All-Time High
24/7 Wall Street· 2024-02-28 16:15
CEO Trims Marriott Stake With Shares at All-Time High JHVEPhoto / iStock Editorial via Getty Images Following the behavior of company insiders as they manage their positions in their own companies can reveal a lot. People may sell shares for many reasons, such as buying a house, paying for college, or estate planning. Generally, they buy shares for only one reason: to make more money.Often, one of the largest and best-informed shareholders in any company is the chief executive officer. Let’s have a look a ...
6 Reasons to Avoid IBM (IBM) At This Moment
24/7 Wall Street· 2024-02-25 15:10
6 Reasons to Avoid IBM (IBM) At This Moment spooh / Getty Images In recent years, International Business Machines Corporation (NYSE: IBM) has struggled financially and competitively. Here are 6 reasons 24/7 Wall St. takes a bearish stance on the stock as it looks fundamentally unattractive at this time. 1. Prolonged decline in profits International Business Machines Corporation has seen its financial performance deteriorate over the past several years. From 2020 to 2022, IBM’s revenue increased by 9.8% ...