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Natural Gas ETFs Rallying Hard on Cold Snap: Can It Continue?
ZACKS· 2024-12-27 14:01
Natural gas-based exchange-traded fund United States Natural Gas Fund LP (UNG) has gained 7% over the past month and is up 11% over the past week (as of Dec. 24, 2024). Leveraged natural gas ETF ProShares Ultra Bloomberg Natural Gas (BOIL) has surged 21.3% over the past week. The rally wasdriven by forecasts of colder weather and trader expectations for higher demand in January.Technical Resistance and Potential Price TargetsNatural Gas (Henry Hub) is currently trading at a level of $3.80 an is hovering aro ...
Snap (SNAP) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-12-27 00:21
Snap (SNAP) closed at $11.20 in the latest trading session, marking a +0.18% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.04%. Elsewhere, the Dow saw an upswing of 0.07%, while the tech-heavy Nasdaq depreciated by 0.05%.Shares of the company behind Snapchat witnessed a loss of 3.7% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 5.93% and the S&P 500's gain of 1.05%.The investment community will be paying clo ...
Is Snap an Undervalued Growth Stock to Buy?
The Motley Fool· 2024-12-21 12:45
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Why the Market Dipped But Snap (SNAP) Gained Today
ZACKS· 2024-12-20 00:06
Snap (SNAP) closed at $11.30 in the latest trading session, marking a +0.71% move from the prior day. This change outpaced the S&P 500's 0.09% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Heading into today, shares of the company behind Snapchat had gained 5.95% over the past month, outpacing the Computer and Technology sector's gain of 3.04% and the S&P 500's loss of 0.29% in that time.The investment community will be closely mo ...
Snap (SNAP) Upgraded to Buy: Here's Why
ZACKS· 2024-12-19 18:00
Investors might want to bet on Snap (SNAP) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual inves ...
1 Undervalued Growth Stock Down 86% to Buy Before 2025
The Motley Fool· 2024-12-19 15:28
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Tick Tock
Seeking Alpha· 2024-12-18 12:27
I’m upgrading Snap Inc. (NYSE: SNAP ) to a buy after my sell rating in late October, delivering on my promise to find an entry point at a cheaper price. This is it. The stock hasI’m a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigatio ...
Snapchat announces expanded revenue-sharing program for its creators
Techxplore· 2024-12-17 11:57
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain Top Snapchat creators will soon have more ways to make money on the social media app. The Santa Monica company has introduced an expanded monetization program, saying it would soon begin placing ads within longer Spotlight videos. Under Snapchat's current revenue-sharing arrangement, the company pays ...
Why Is Snap (SNAP) Down 8% Since Last Earnings Report?
ZACKS· 2024-11-28 17:35
A month has gone by since the last earnings report for Snap (SNAP) . Shares have lost about 8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Snap due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Snap Beats on Q3 Earnings & Revenues, Announces Buyback, Stock UpSna ...
SNAP Stock Rises 6.6% Post Q3 Earnings: Is This a Buy Opportunity?
ZACKS· 2024-11-28 15:25
Snap Inc. (SNAP) stock has demonstrated remarkable resilience, climbing 6.6% in the month following its third-quarter 2024 earnings release, as investors respond positively to the company's strategic initiatives and improving financial metrics. The social media giant's performance suggests a compelling investment case for both new and existing investors.Share Price MovementImage Source: Zacks Investment ResearchImpressive Financial PerformanceThe company's third-quarter results paint a picture of robust gro ...