I recently dropped Adobe, Qualcomm, and Unity from my portfolio.Buying a stock is usually easier than selling a stock. Investors often get greedy and refuse to take profits from their winners, preferring to hold on and hope for more gains. They can also stubbornly stick with their losers because they aren't able to admit they made a mistake.So today, I'll share with you three stocks I recently sold: Adobe (ADBE 0.53%), Qualcomm (QCOM 0.70%), and Unity (U 0.77%). All three initially seemed like good investme ...

These are good companies for patient investors to own, even if there is more volatility ahead.Each year the stock market brings its fair share of winners and losers. Sometimes a stock can fall out of favor because of declining fundamentals, but sometimes it's simply a change in sentiment.Let's find out why Adobe (ADBE -1.73%), On Semiconductor (ON -3.53%), Albemarle (ALB 0.31%), Intel (INTC -2.40%), and Lululemon (LULU 1.43%) are down more than 20% in 2024, and why all five well-known growth stocks are wort ...

As we zoom right past the midpoint of April, the “sell and May and go away” phrase will hit the headlines again, as it typically does almost every year, regardless of the circumstances. Indeed, there is no shortage of things to be uneasy about this May. The broader stock market seems to have been running on empty since the second quarter began. And with interest rate cuts that may be delayed (perhaps into 2025?) at the hands of inflation, May 2024 certainly seems like an opportune time for investors to take ...

Identifying the next growth stocks to challenge Magnificent 7 is a noteworthy endeavor. The Magnificent 7 refers to Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Tesla (NASDAQ:TSLA), Meta (NASDAQ:META) and Nvidia (NASDAQ:NVDA) have dominated the technology sector for years.These mega-cap companies have delivered extraordinary returns, shaping the market and our daily lives. However, as with all empires, some continue to rise and others fall causing ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Adobe Systems (ADBE) .Adobe currently has an average brokerage recommendat ...

Key PointsShare repurchases can offset dilutive actions and even reduce the share count for a publicly listed stock. Reduced share count can boost earnings per share growth and aid dividend health. Marketbeat tracks which companies are issuing repurchase authorizations for investors to capitalize.5 stocks we like better than AdobeStock buybacks, also called stock repurchases, are important drivers of shareholder value, which is one of the reasons why Marketbeat tracks the data. As the name suggests, a buyba ...

Jamie Dimon, the CEO of JPMorgan Chase (NYSE:JPM), made headlines not long ago when he said that artificial intelligence (AI) could be as transformative as electricity or the internet. Dimon’s comments underscore the high hopes and big aspirations that Wall Street has for AI stocks. Companies large and small are racing to develop new AI applications and platforms, and to monetize their products. At stake is an industry that could contribute more than $15 trillion to the global economy by 2030, transforming ...

With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks.Share repurchases may have their social and political critics, but from the investor’s standpoint, stock buybacks can be an effective tool for a company to maximize shareholder value. By reducing the amount of shares outstanding, repurchases can provide a lift for earnings per share.As stocks ty ...

Adobe (ADBE) recently announced the general availability of its new Acrobat AI assistant tool to all Acrobat and Reader users.This generative AI-powered tool enhances efficiency in PDF, Word, PowerPoint and meeting transcripts by allowing users to ask natural language questions, receive conversational responses and recommend questions based on the PDF’s content.The tool boasts a search feature to highlight key points from a lengthy document. It also acts as a PDF summarizer, offering short overviews for a q ...

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024.Adobe on Monday released its artificial intelligence assistant, which helps users understand the contents of digital documents. Monthly subscriptions start at $4.99.As part of the release, Adobe is also launching a free mobile version of the tool in beta that can respond to voice commands, and is bringing the service to extensions on Microsoft Edge and Google Chrome.Adobe said subscri ...