FAANG Wannabe Nvidia Is Bloated Despite Soaring Year – Wall Street Analyst

Nvidia

Year-to-date, Nvidia has surged by over 50%, making it one of Nasdaq’s best performers so far in 2020. Nvidia’s revenues increased sharply in the first quarter. Among FAANG stocks only Amazon comes close to Nvidia’s performance. The lockdown measures and the increased number of people working from home have benefited graphics chip maker Nvidia (NASDAQ: … Read more

Overrated: Only 20% of FAANG Stocks Feature in 21st Century’s 10 Best-Performers

Apple (AAPL) stock

Only a fifth of FAANG stocks appear in the list of 10 best performing stocks of the 21st century. The best-performing stock in the last two decades is not a Silicon Valley wunderkid. Netflix and Apple save the day, however. For years, FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google) have received the adulation of … Read more

Fundamentals of This Tech Gem May Outshine FAANG Stocks

Many investors try to grow their net worth by passively buying shares of blue-chip tech stocks such as Facebook, Apple, Amazon, Netflix, and Alphabet (FAANG). This investment strategy may have yielded significant returns in the last few years. However, it appears that their upside is now limited. In a Bloomberg interview, Mark Stoeckle, chief executive … Read more

Dow Plunges After Caterpillar & Boeing Unleash Earnings Disaster

dow jones industrial average

The Dow suffered a massive setback on Wednesday after two of its bellwether stocks published grisly earnings reports that raised questions about the health of the market. Dow Stumbles After 177 Point Rally The US stock market stumbled at the opening, thrusting all three major indices toward moderate declines. The Dow Jones Industrial Average fell … Read more

Goldman Sachs’ Dire Tech Stocks Warning Contradicts Its Own Data

Tech stocks, stocks, stock

By CCN.com: Goldman Sachs issued a dire warning about U.S. tech stocks last weekend. Their valuation premiums are at historic highs. Add the potential threat of U.S. regulatory interventions, and Goldman sees a bear market ahead for tech. In an investor note Friday, Goldman’s chief U.S. equity strategist, David Kostin, admonished clients about the risks … Read more