Palantir Technologies (NYSE: PLTR) has a data-centered business that has been leveraging artificial intelligence (AI) to provide better, more efficient and effective solutions for its customers. The company has become profitable, and there still looks to be plenty of growth ahead for the business. But even given all those reasons for investors to be bullish […]
Tag: 52week
Why JD.com Stock Hit Another 52-Week Low Today
Shares of JD.com (NASDAQ: JD), the Chinese e-commerce giant, continued to slide today as downbeat news on the Chinese economy was weighing on the stock once again. Additionally, one Wall Street analyst lowered its price target, reflecting ongoing negativity around the stock. As of 12:03 p.m. ET, JD.com stock was down 4.9%. Image source: Getty […]
Near a 52-Week Low, This Dividend Stock Is Worth Buying in December and Holding Well Beyond 2024
Dominion Energy (NYSE: D) is up 24.1% from its 52-week low — which sounds like a lot until you realize the stock is still down 17.9% over the last year and 36.8% over the last five years compared to impressive gains in the S&P 500. Still, the comeback is a big move in a short […]
Carnival Just Hit 52-Week Highs. Can the Stock Continue Higher in 2024?
CCL_Sankey_Q42023 Cruise line stocks are in an interesting place at the end of 2023. On the one hand, demand is stronger than ever, as consumers are definitely back in “revenge travel” mode following the pandemic. Yet, on the other hand, inflation and higher interest rates are a big counterweight to the bull case, as all […]
Why Boeing, Apple, Chipotle, AMD, FedEx, and Pinterest are trading at 52-week highs
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Investors are trapped in the hype bubble. Hats are flying for Dow’s hitting 37,000, with eyes toward 40,000 in 2024 (it’s not that far away). Crypto is rocking. 401(k)s are probably doing pretty […]