Shares of Tesla (TSLA -3.46%) have surged 75% since the presidential election. But most Wall Street analysts now believe the stock is overvalued. The median 12-month target of $275 per share implies 38% downside from the current share price of $440.Joseph Spak at UBS is especially skeptical. He increased his price target to $226 per share in November, but kept his sell rating. He thinks the market is giving Tesla too much credit for its artificial intelligence (AI) ambitions. His outlook implies 49% downsid ...

DEWALT is the only tool manufacturer represented in Popular Science's 2024 Best of What's New Awards; this marks the sixth industry accolade DEWALT POWERSHIFT™ has received since its unveiling at World of Concrete in January 2024TOWSON, Md., Dec. 18, 2024 /PRNewswire/ -- DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and leader in total jobsite solutions, today announced that the DEWALT POWERSHIFT™ system has been named one of the 50 greatest innovations in 2024 by Popular Science's Best of What's New A ...

Core Viewpoint - Home Depot is a highly favored stock among leading dividend ETFs due to its strong dividend yield, consistent dividend payments, and solid financial performance [1][10]. Group 1: Home Depot's Position in Dividend ETFs - Home Depot is a top holding in several major dividend ETFs, including Vanguard Dividend Appreciation ETF, Vanguard High Dividend Yield ETF, and Schwab U.S. Dividend Equity ETF [1][10]. - In the Vanguard Dividend Appreciation ETF, Home Depot ranks ninth, accounting for 2.1% of its assets [2]. - In the Vanguard High Dividend Yield ETF, Home Depot is the fourth largest holding, representing 2.2% of its assets [4]. - In the Schwab U.S. Dividend Equity ETF, Home Depot ranks third, making up 4.4% of its assets [6]. Group 2: Dividend Yield and Growth - Home Depot offers a higher-yielding dividend of 2.2%, making it attractive for yield-focused ETFs [7]. - The company has a strong track record of dividend payments, having made over 150 consecutive quarterly payments and increasing its dividend for 15 straight years, including a 7.7% increase earlier this year [7]. Group 3: Financial Performance and Growth Potential - Home Depot generated over $15 billion in net cash from operating activities in the first nine months of the year, significantly exceeding its dividend outlay of $6.7 billion [8]. - The company has utilized excess cash for capital expenditures and maintains a strong balance sheet with an A-rating credit [8]. - Home Depot's acquisition of SRS Distribution for $18.3 billion expanded its market opportunity by $50 billion, bringing its total market opportunity to over $1 trillion [9]. - With an estimated market share of 15%, Home Depot has substantial growth potential through existing store sales and retail expansion [9].

ETFs across various categories pulled in $35 billion in capital last week, pushing year-to-date inflows to $1.05 trillion. U.S. equity ETFs led the way with $25 billion in inflows, followed by inflows of $6 billion in U.S. fixed-income ETFs.SPDR S&P 500 ETF Trust (SPY) , Vanguard Growth ETF (VUG) , Vanguard S&P 500 ETF (VOO) , Vanguard Total Stock Market ETF (VTI) and BlackRock iShares Bitcoin Trust (IBIT) dominated the top creation list last week.Wall Street posted mixed performances last week, with the S& ...

Group 1 - Robert F. Abbott has been managing family investments since 1995 and incorporated options trading in 2010, focusing on covered calls and collars with long stocks [1] - Abbott is a freelance writer with a project aimed at providing information for new and intermediate-level mutual fund investors [1] - He holds a Bachelor of Arts and a Master of Business Administration (MBA) degree [1]

TAMPA, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, is thrilled to announce the expansion of its popular MOODS vaporizer line, bringing two new premium extensions to consumers in New York and Florida. Available now, adults across the Empire State can purchase MOODS Black at all Etain Health locations, while MOODS Winter is available exclusively to ...

Core Viewpoint - MicroStrategy remains heavily invested in Bitcoin, with its Executive Chairman Michael Saylor maintaining a bullish outlook despite Bitcoin's price surge this year [1][3]. Company Holdings and Financials - MicroStrategy's Bitcoin holdings have reached 279,420 Bitcoins, with a total purchase price of $11.9 billion and a current market value of $24.5 billion as of November 10, 2024 [2]. - The Bitcoin portfolio constitutes approximately one-third of MicroStrategy's enterprise value of $73.3 billion and about 1.4% of Bitcoin's total market cap of $1.8 trillion [3]. - The company purchased an additional 27,200 Bitcoins for $2.03 billion at an average price of $74,463 between October 31 and November 10 [3]. Future Price Predictions - Saylor predicts Bitcoin's price could reach $100,000 by the end of 2024 and potentially climb to $13 million over the next 21 years, representing a near 15,000% increase from current levels [3]. - He anticipates Bitcoin's market share will grow from 0.1% to 7% of the world's capital as more financial institutions adopt Bitcoin-related services [3]. Company Strategy and Transformation - MicroStrategy has shifted from being a slow-growth software provider to a Bitcoin-focused company since 2020, as its annual revenue declined from $576 million in 2013 to $496 million in 2023 [5]. - To stabilize its software business, MicroStrategy is transitioning to subscription-based cloud services and has launched a generative AI platform [6]. Financial Challenges - Analysts project MicroStrategy's software revenue will grow at a compound annual rate of only 1% from 2023 to 2026, with the company remaining unprofitable on a GAAP basis [7]. - The company is facing significant financial strain due to impairment costs from Bitcoin purchases, leading to a quadrupling of total liabilities since the end of 2020 and a doubling of outstanding shares [8]. Funding and Debt - MicroStrategy plans to raise $42 billion over the next three years to fund further Bitcoin purchases, with $21 billion from secondary stock offerings and $21 billion from selling fixed-income securities [8]. - The company's aggressive Bitcoin strategy poses risks, as a decline in Bitcoin's price could severely impact its balance sheet [10].

Popular, Inc.’s (BPOP) board of directors approved a sequential hike in its quarterly cash dividend. The company declared a quarterly cash dividend of 70 cents per share, reflecting a rise of 12.9% from the prior payout. The dividend will be paid out on Jan. 2, 2025, to shareholders of record as of Dec. 6, 2024.Prior to this, Popular hiked its dividend by 12.7% to 62 cents per share in November 2023. We believe that such disbursements highlight its operational strength and commitment to enhancing shareholde ...

ARM Holdings has numerous growth opportunities but is it enough for its hefty valuation?In today's video, I discuss ARM Holdings (ARM 0.93%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.*Stock prices used were the market prices of November 14, 2024. The video was published on November 15, 2024. ...

This unique stock split boasts a laundry list of competitive advantages, a robust capital-return program, and a historically cheap valuation.Over the past two years, there hasn't been a hotter investment trend than the rise of artificial intelligence (AI). But in 2024, stock-split euphoria has played a very close second fiddle.A stock split is a tool publicly traded companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor. Spl ...