amgun When you trade, you need to have a plan Last week, I suggested to readers that the market was likely to sell off leading into the FOMC announcement on Wednesday Buy The Sell-Off Into The FOMC Meeting, Stay With Tech. So now I expect my readers to wonder what happens next. This coming week’s…
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million, Founder & Chairman Michael Saylor announced today. BREAKING: MicroStrategy bought 122 more #Bitcoin for $7.8 million. pic.twitter.com/IZWUNj0kHY — Bitcoin Magazine (@BitcoinMagazine) April 29, 2024 “As…
tadamichi It’s not often that the bluest of the blue chip compounders go on sale. And knowing this, when these moments arrive, I do my best to tune out the macro noise and buy shares. Yes, a war between Israel and Iran is scary. And that’s just one of many geopolitical headwinds that the market…
Gunther Fraulob NextEra Energy (NYSE:NEE) is an incredible dividend growth machine. The electric utility last declared a quarterly cash dividend of $0.515 per share, a remarkable 10% hike sequentially and $2.06 per share annualized for a 3.2% dividend yield. NEE has also guided to grow its dividend by at least 10% per year for the…
Aleksandr Uglov/iStock via Getty Images Modiv Industrial (NYSE:MDV) is a unique, small-cap net lease real estate investment trust (“REIT”) that focuses almost exclusively on manufacturing properties in the United States. In my three previous articles on MDV, I rated it a “Hold” and advocated buying its high-yielding 7.375% Series A Preferred Stock (MDV.PR.A) instead. After…
zimmytws Written by Nick Ackerman, co-produced by Stanford Chemist. We’ve been covering a number of different municipal bond closed-end funds lately. That includes the non-leveraged Nuveen AMT-Free Municipal Value Fund (NUW), and we also wrote up an update on Invesco Value Municipal Income Trust (IIM), IIM being a leveraged muni CEF. Today, we are going…
Founders Fund, the venture capital firm founded by billionaire Peter Thiel, has invested $100 million in bitcoin, sources exclusively informed Reuters. The firm allocated $200 million to acquire Bitcoin and another cryptocurrency, evenly split between the two. This maneuver further highlights the return of institutional investors to Bitcoin. Founders Fund, an early institutional investor in…
lsannes/iStock via Getty Images The last time I covered AerSale Corporation (NASDAQ:ASLE) was in August 2023. Back then, I reiterated my Buy rating, and that is one that has worked out quite well, as the stock has climbed 32% compared to a 2.3% increase for the broader markets. I also pointed out that I would…
RapidEye/iStock via Getty Images Progyny (NASDAQ:PGNY) is a company you may not be familiar with, but it is definitely worth a look. Its fundamentals, growth, profitability, and niche make it an attractive company. It would also be an excellent acquisition target due to its hidden value. Let’s take a closer look at four reasons to…
JHVEPhoto In my previous update on Shopify Inc. (NYSE:SHOP), I upgraded the stock, anticipating a recovery, following my May 2023 caution. That upgrade was timely, as SHOP surged to its August highs, lifted by the surprise announcement of a deeper integration with Amazon’s (AMZN) Buy with Prime. However, that surge proved to be an astute…
Zerbor/iStock via Getty Images Qurate Retail (NASDAQ:QRTEA) (QRTEB) (NASDAQ:QRTEP) made the list of retailers most likely to file for bankruptcy over the next 12 months, with a 9.99%-50% probability, which further depressed the price of QRTEA common stock and QRTEP 8.0% preferred stock this week. While I agree that there is a high probability of…
Richard Villalonundefined undefined Back on July 5, 2023, I explained in the article, Why I’m Buying DIA This Month Instead Of VOO that I was buying the SPDR Dow Jones ETF (NYSEARCA:DIA) with investments I made going forward because I expected I’d soon be getting some tax loss harvest opportunities. I believed that in a…
Art Wager/E+ via Getty Images Via Renewables (NASDAQ:VIA) last declared a quarterly cash dividend of $0.7592 per share on its Series A fixed-to-floating rate preferred shares (NASDAQ:VIASP). This was a 2.6% increase from the prior quarterly and meant an 18.4% annualized forward yield. The company, previously known as Spark Energy, has had a rough 2023…