Netflix recently hit a record high in August, with shares surpassing the $700 mark and reaching an intraday record of $711.33. Despite some recent pullbacks, the stock closed at $701.35 at the end of the week, marking a 44% increase year-to-date. Analysts believe that there is even more upside potential for Netflix, especially considering the
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The landscape of consumer behavior is shifting rapidly, with more Americans opting to rent rather than own various goods and services. According to a report by Intuit Credit Karma, the rental industry has seen significant growth in recent years, offering everything from power tools to designer handbags for rent. The ease of access and affordability
Goldman Sachs has identified CAE as a stock that has been unfairly punished due to struggles in its main divisions, civil aviation and defense. The investment bank believes that the stock is undervalued compared to its peers in the aerospace supply chain. Analyst Noah Poponak recommends buying the dip in shares of this Canadian training
For investors seeking to boost their income in light of potential interest rate cuts, employing covered call writing strategies on their stock portfolio could be a lucrative option. This approach, also known as call writing, entails selling call options on stocks that an investor already owns, with the anticipation that the stock will not significantly
The U.S. dollar saw a boost in value following the release of economic data that indicated a moderate increase in a key inflation measure, along with rises in personal spending and income. As a result, expectations for the Federal Reserve to implement a 25-basis point interest rate cut next month, as opposed to a more
The Food and Drug Administration recently granted emergency use authorization for Novavax’s updated protein-based Covid vaccine in individuals aged 12 and older. This development presents a new player in the competition against Covid, joining the ranks of Pfizer and Moderna in offering vaccination options for the fall and winter seasons. Novavax’s vaccine specifically targets the
September has the potential to be a strong month for a select group of stocks, as they exhibit characteristics often associated with a bullish price chart pattern. Despite a slow start to August, stocks managed to rebound and end the month with gains across all three major indexes. By the end of August, the S
In recent times, the American Dream of owning a home has become increasingly unattainable for many individuals. This can be attributed to the combination of higher mortgage rates and a shortage of houses in comparison to the demand for them. The median sales price for homes has continued to rise, reaching $422,600 in July, a
As August has come to a close, investors are reflecting on what was truly an emotional roller coaster of a month. The historic volatility surge earlier on left many wondering what would come next. While some boldly took advantage of a brief buying opportunity, others are more cautious as we enter September. With the S
John Bollinger, the renowned trading expert and creator of the Bollinger Bands, made a bold Bitcoin price prediction more than two months ago. He forecasted that Bitcoin’s price would continue to rise when it was priced at $60,940. However, fast forward to the present day, and the price of BTC sits at $59,480. This raises