The number of problems caused by Covid-19, and the number of companies and industries affected, are hard to keep track of. After all, no one is shopping or traveling, and, more important, no one is driving.
Automotive shares, much like airline and cruise stocks, have been hit hard. But the coronavirus-induced auto turmoil is creating some opportunities to pick up car stocks at a discount. Two Wall Street analysts have thematic ways to play the sector.
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Oil prices continue to crumble, stocks around the world dropStocks open sharply lower on Wall Street as oil prices continue to collapse. Traders anticipate demand for energy to shrivel because of the widespread business, factory and travel shutdowns related to the coronavirus. President Donald Trump was caught in a lie saying he hasn’t left the White House in months, even though he held campaign rallies in February and March and played golf So tired of winning.... Get That boost you need, Stay on top!!
Source: AP - 🏆 728. / 51 Read more »
Global Stocks Drop as Turmoil Grips Oil MarketS&P 500 futures fell alongside international stocks, after U.S. crude-oil futures plunged below zero for the first time in the latest bout of market turbulence sparked by the global coronavirus pandemic. Damn, buying a barrel of oil is going to cut into my bubblegum money. what's up with the guy in the eyepatch 🤨 I’d love to discuss the fundamentals of this. Most out of ground is sold and hedged. The responsible ones I’ve heard at $58
Source: WSJ - 🏆 98. / 63 Read more »
These 5 low-key tech stocks with appealing dividend yields are profiting from coronavirus-induced uncertaintyOPINION: Consider these low-key tech stocks because they have appealing dividend yields and are profiting from the coronavirus-induced uncertainty.
Source: MarketWatch - 🏆 3. / 97 Read more »
Asian stocks set to sink after historic U.S. oil routAsia shares were poised to track a Wall Street tumble on Tuesday after U.S. crude futures turned negative for the first time in history, crushed by a spectacular collapse in oil demand as the coronavirus pandemic derails the global economy. Brent is hanging on. WSJ WhiteHouseCEA Nobody trades anymore . .
Source: Reuters - 🏆 2. / 97 Read more »
Buy these 'sustainable dividend' stocks for return in these uncertain times, JPMorgan saysJPMorgan screened for S&P 500 companies with a dividend yield above 1%, then ranked each company based on dividend quality, credit health, and fundamental trends. Pro If you put a dime in the stock market after the crap they've dealt us - you are a fool. Pro But companies could stop paying dividends because of uncertainty - I heard from a smart Investor & he said - stocks should not be purchased just for the sake of dividends
Source: CNBC - 🏆 12. / 72 Read more »