Steve Eisman, the investor whose prescient financial crisis forecast was featured in “The Big Short,” is shorting electric automaker Tesla. The portfolio manager called the company’s founder Elon Musk a “very smart man” but raised concern about the CEO’s ability to follow through on lofty ambitions. “He’s got execution problems,” Eisman, portfolio manager at Neuberger
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One of the best momentum stocks to buy of 2018 recently got a rude awakening from an analyst. On July 20, Credit Suisse analyst Judah Former downgraded discount retailer Five Below (NASDAQ:FIVE) to “neutral” from “outperform” after its stock gained more than 125% over the past year.  “[Five Below] remains one of the most differentiated
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U.S. stock futures are treading water in positive territory this morning. Wall Street is holding its ground in pre-market trading due to strong earnings results from Amazon (NASDAQ:AMZN). However, there is a tinge of nervousness. Traders are awaiting the release of second-quarter gross domestic product (GDP). Economists have forecast a reading of 4.2%, which would be
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The Securities and Exchange Commission rejected a proposal by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, for the first-ever cryptocurrency ETF. Last year, the SEC disapproved an application for the “Winklevoss Bitcoin Trust” but in June the group submitted a proposed rule change. Among other arguments, the agency said in a release Thursday
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Between see-through yoga pants and a toxic work culture, Lululemon (NASDAQ:LULU) has faced its fair share of controversy since going public over a decade ago. Those struggles appear to be in the rear view, though, with Lululemon stock jumping to new highs in a nearly uninterrupted one-year run. Shares of LULU have gained 63% year-to-date
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The Pathway to American Energy Independence.   Source: Shutterstock Although an MLP fund selling most of its MLPs might seem implausible, it represents a growing risk for their holders. MLP-dedicated funds are structured as corporations, which means they pay corporate taxes. They’re unique in this regard; few ETF or mutual fund investors stop to check
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Pepsi (NASDAQ:PEP) has been a consistent performer for many years, with a brand name that is instantly recognizable around the world. In a marketplace that is trending toward healthier food and beverage choices, will Pepsi stock continue to satisfy its investors? The company’s most recent quarterly report gave no sign of the company slowing down.
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There’s no denying the fact that the first half of 2018 has been rough for the Hotels and Motels industry. Notably, it has witnessed a decline of 11.3% against the S&P 500’s gain of 1.9%. Unfavorable governmental policies, uncertainty in certain markets and RevPAR pressure has negatively impacted the industry players. Source: Shutterstock Moreover, Donald
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(0:30) – Are Chinese Stocks An Opportunity For Value? (3:30) – Tracey’s Top Stock Picks (12:00) – Big Takeaways on Chinese Stocks: BABA, CTRP, TAL, TCEHY, JD             [email protected] Welcome to Episode #100 of the Value Investor Podcast Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio service, shares some of her top
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As the name suggests, the Accident and Health Insurance industry consists of participants providing workers’ compensation insurance largely to employers operating in hazardous industries (construction, trucking, logging and lumber, manufacturing and agriculture, among others) or providing group, individual or voluntary supplemental insurance products. Workers’ compensation is a form of accident insurance paid by employers without
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Since their creation in 1960, real estate investment trusts (REITs) have served as a stock-based property investment delivering both growth and income to investors. They encompass virtually all types of property. Most investors think office, industrial, or retail property when thinking of REITs. However, several other sectors of REITs exist, including REITs exclusively focused on
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Facebook (NASDAQ:FB) was killing U.S. stock futures this morning. Only Dow Jones Industrial Average futures, which do not list FB stock, were trading in the green in premarket activity. Facebook reported lower-than-expected quarterly revenue, slowing user growth and weak guidance. FB stock opened nearly 20% lower on the open, it’s single biggest one-day loss ever.
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