Traders mock the idea of “buy and hold,” and they’re not entirely wrong. Investors should monitor their long-term portfolios and rebalance as needed. Otherwise, you may introduce greater risk and the possibility for steep losses.
Author archives: Kate Stalter
Upstart Holdings Up 645% From December’s IPO Price
Since making its public debut in December, consumer lending platform Upstart Holdings (NASDAQ: UPST) is up 645% from its IPO price of $20. The stock has already cleared two consolidations in the past six months. That’s a great sign, as it’s advisable f…
Campbell’s Shares In The Soup With Post-Earnings Plunge
Shares of Campbell’s Soup skidded more than 6% on a disappointing quarterly report and lower full-year guidance. However, the stock found support above its prior structure low from September 2020 as the company said some current challenges should be tr…
Chico’s And J.Jill Beat Views As Shoppers Return, Pay Full Price
Women’s clothing retailers Chico’s Fas (NYSE: CHS) and J. Jill (NYSE: JILL) were trading higher Tuesday following upbeat earnings reports. Both companies cited consumers’ purchasing at full price as a driver of the good results.
CrowdStrike Rises 4% After Beating Wall Street Views
CrowdStrike reported better-than-expected earnings last week. Investors finally caught up to the stock on Monday, sending shares 4% higher in heavy volume. The stock is still working on a consolidation it began in February.
Forum Energy Technology Shares Rise As Restructuring Progresses
Forum Energy Technologies advanced 40% since its May earnings report. The company is making progress restructuring its debt, but low float and high volatility make it a risky investment.
DexCom Beats Views, Raises Guidance, But Shares Are Down
DexCom (NASDAQ: DXCM), which makes glucose monitoring systems, is still slogging through a correction that began in August. However, analysts remain optimistic about the stock’s prospects.
Ford Stakes Its Future On EVs, Commercial Sales, And Services
Ford Motor is staking its future on electric vehicles, with plans to have 40% of its fleet battery powered by 2030. Shares are up more than 6% since the company shared its vision on investors’ day on May 26.
Salesforce Gaps Up 5.43% On Triple Average Volume
Enterprise software maker Salesforce (NYSE: CRM) topped earnings and revenue estimates when it reported its fiscal 2022 first quarter. Shares gapped up 5.43% Friday, or $12.27, to close at $238.10. Trading volume was triple the average.
Ulta Beauty Approaches Breakout Point
Shares of Ulta Beauty gapped up 5.18% Friday, closing at $345.36, following stronger-than-expected first-quarter results. The stock is hovering below resistance near $351.