Alternative data is shaping the finance industry by providing previously unseen insights. I argue that it’s perfect for short-term forecasts but may be not as great as a long-term performance indicator.
Category archives: Finance
Should Nike (NYSE: NKE) Be In Your Portfolio For The Rest Of 2022?
This isn’t a question that many on Wall Street would have been asking themselves last year, as Nike (NYSE: NKE) spent most of Q4 soaring to all time highs. But…
Booking Holding’s Stock To Benefit As Borders Open Up Again
Booking.com and other travel websites have witnessed significant demand recovery, as travelers look to take advantage of the global opening since COVID. The first quarter of 2022 saw an estimated…
3 Robinhood Favs the Street Loves Too
Given the largely speculative nature of the Robinhood-100 list, it’s not often that fundamentally focused research firms agree with the largely social media-driven retail trader. Yet the Street and Robinhooders…
StoneCo Stock May be Basing Like a Rock
Brazilian point-of-sale (POS) financial technology provider StoneCo (NASDAQ: STNE) stock has fallen (-54%) year-to-date despite triple digit top line growth.
3 Dow Laggards Poised for a Second Half Comeback
With share prices depressed and the Street seeing brighter prospects in 2023 and beyond, a turnaround is coming for these three unusual Dow laggards.
Two More Reasons This Bear Market Isn’t Over
Goldman Sachs analysts Ben Snyder issued a letter to investors echoing a sentiment we share. In his note, he says the 2023 outlook for S&P 500 (NYSEARCA: SPY) earnings is…
5 Reasons Every Entrepreneur Should Invest in Real Estate
With 90% of millionaires finding profitable income streams, tax advantages, and recession-resistant assets, you can’t afford to ignore real estate any longer.
Dave Ramsey on Annuities
There is a lot of confusion about annuities. According to a Secure Retirement Institute study, only 25% of respondents to an annuity knowledge questionnaire scored a passing grade (70%). Because…
Should You Consider Polestar Stock After Its IPO?
Polestar (NYSE: PSNY) is a Swedish electric car maker, which is a part of the Volvo group. The company went public through a special purpose acquisition company (SPAC) with The…