Shares of Tesla (TSLA -3.46%) have surged 75% since the presidential election. But most Wall Street analysts now believe the stock is overvalued. The median 12-month target of $275 per share implies 38% downside from the current share price of $440.Joseph Spak at UBS is especially skeptical. He increased his price target to $226 per share in November, but kept his sell rating. He thinks the market is giving Tesla too much credit for its artificial intelligence (AI) ambitions. His outlook implies 49% downsid ...

DEWALT is the only tool manufacturer represented in Popular Science's 2024 Best of What's New Awards; this marks the sixth industry accolade DEWALT POWERSHIFT™ has received since its unveiling at World of Concrete in January 2024TOWSON, Md., Dec. 18, 2024 /PRNewswire/ -- DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and leader in total jobsite solutions, today announced that the DEWALT POWERSHIFT™ system has been named one of the 50 greatest innovations in 2024 by Popular Science's Best of What's New A ...

Exchange-traded funds (ETFs) tend to hold a lot of stocks, often 100 or more. That makes them very diversified investments, which helps reduce risk. Despite their vast holdings, Home Depot (HD -0.55%) is a very popular stock among several of the top dividend ETFs. It's in the top ten holdings of Vanguard Dividend Appreciation ETF (VIG -0.62%), Vanguard High Dividend Yield ETF (VYM -0.74%), and Schwab U.S. Dividend Equity ETF (SCHD -0.21%). Here's a look at why Home Depot is so popular among these top ETFs.A ...

ETFs across various categories pulled in $35 billion in capital last week, pushing year-to-date inflows to $1.05 trillion. U.S. equity ETFs led the way with $25 billion in inflows, followed by inflows of $6 billion in U.S. fixed-income ETFs.SPDR S&P 500 ETF Trust (SPY) , Vanguard Growth ETF (VUG) , Vanguard S&P 500 ETF (VOO) , Vanguard Total Stock Market ETF (VTI) and BlackRock iShares Bitcoin Trust (IBIT) dominated the top creation list last week.Wall Street posted mixed performances last week, with the S& ...

Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned Bachelor of Arts and Master of Business Administration (MBA) degrees.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the co ...

TAMPA, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, is thrilled to announce the expansion of its popular MOODS vaporizer line, bringing two new premium extensions to consumers in New York and Florida. Available now, adults across the Empire State can purchase MOODS Black at all Etain Health locations, while MOODS Winter is available exclusively to ...

MicroStrategy is still holding a lot of Bitcoin.Bitcoin's (BTC 1.24%) price has more than doubled this year and is currently hovering near its all-time high. Some investors might be wary of chasing that rally, but one of Bitcoin's biggest bulls -- MicroStrategy's (MSTR 12.96%) billionaire Executive Chairman Michael Saylor -- isn't backing down.Under Saylor's direction, MicroStrategy bought its first $250 million of Bitcoin in 2020. By Nov. 10, 2024, its holdings had grown to 279,420 Bitcoins with an overall ...

Popular, Inc.’s (BPOP) board of directors approved a sequential hike in its quarterly cash dividend. The company declared a quarterly cash dividend of 70 cents per share, reflecting a rise of 12.9% from the prior payout. The dividend will be paid out on Jan. 2, 2025, to shareholders of record as of Dec. 6, 2024.Prior to this, Popular hiked its dividend by 12.7% to 62 cents per share in November 2023. We believe that such disbursements highlight its operational strength and commitment to enhancing shareholde ...

ARM Holdings has numerous growth opportunities but is it enough for its hefty valuation?In today's video, I discuss ARM Holdings (ARM 0.93%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.*Stock prices used were the market prices of November 14, 2024. The video was published on November 15, 2024. ...

This unique stock split boasts a laundry list of competitive advantages, a robust capital-return program, and a historically cheap valuation.Over the past two years, there hasn't been a hotter investment trend than the rise of artificial intelligence (AI). But in 2024, stock-split euphoria has played a very close second fiddle.A stock split is a tool publicly traded companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor. Spl ...