Why are Dollar Tree and Dollar General stocks falling apart?
Discount retailers like Dollar Tree (DLTR) and Dollar General (DG) are some of the worst performers in the S&P 500 index this year. DLTR has slumped by 50% in 2024,…
Investing
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RBC downgrades Rapid7 amid rising competition: will RPD stock slide?
On Friday, September 20, RBC Capital Markets downgraded Rapid7 (NASDAQ: RPD) from “Outperform” to “Sector Perform” and lowered its price target from $50 to $40. This move reflects rising concerns…
Is it safe to buy the Mastercard stock at an all-time high?
Mastercard (NYSE: MA) stock price has done well since going public in 2006 when it raised $2.4 billion. It has jumped by almost 12,000%, transforming it into one of the…
HSBC share price is up 200% from 2020 lows; more upside?
HSBC (LON: HSBA) share price has risen for two consecutive weeks as investors focus on the actions by central banks and the new management. The stock was trading at 665p…
Love the SCHD ETF? USA is a great 10% yielding alternative
The Schwab US Dividend Equity ETF (SCHD) stock price rose for five consecutive days and was trading at $84.15, a few points below its all-time high of $84.56. It has…
S&P 500 Equal Weight (RSP) ETF hit ATH and has many catalysts
The Invesco S&P 500 Equal Weight ETF (RSP) surged to a record high on Monday as investors focused on the upcoming Federal Reserve interest rate decision. The fund jumped to…
USD to ZiG: Here’s why the Zimbabwe currency is melting away
The recently launched Zimbabwe ZiG continued its downward trend this month as concerns about the economy rose. The official USD to ZIG exchange rate started the month at 13.86 and…
Nigerian naira is falling apart: can the NGN currency be saved?
Nigerians are bracing for more economic weakness after the local currency plunged to a record low against the US dollar. The official USD/NGN exchange rate soared to a record high…
British American Tobacco stock: hard to resist this 9.5% compounder
The British American Tobacco (LON: BATS) share price has done well this year, making it one of the best performing companies in the FTSE 100 index. It has jumped by…
Citigroup stock needs to flip this price to continue its uptrend
Citigroup (NYSE: C) stock price has pulled back in the past two months as concerns about the pace of Federal Reserve interest rate cuts and its ongoing turnaround efforts remain.…