- Zacks
Why Is Carvana (CVNA) Down 12.1% Since Last Earnings Report?
Carvana (CVNA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- InvestorPlace
Tech Up-and-Comers: 3 Under-the-Radar Stocks With 10X Potential
Recent blowout earnings from Nvidia (NASDAQ:NVDA) have amplified excitement in the tech trade. Investors are piling into tech stocks, in hopes of capturing growth and riding long-term momentum. Artificial intelligence and stocks of microchip and semiconductor companies, such as Nvidia, are proving to be especially hot right now. Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) recently forecast 10% annual revenue growth for the worldwide microchip and semiconductor industry this year. TSMC, as
- InvestorPlace
Sky-High Sell-Off: 3 Overvalued Stocks to Drop From Your Portfolio ASAP
Despite positive sentiment following Nvidia’s (NASDAQ:NVDA) earnings, investors are looking for overvalued stocks to sell as signs of excess optimism start to show. The latest U.S. Purchasing Managers’ Index (PMI) surveys came in hotter than expected, showing that both manufacturing and services inflation remained high. This spooked investors and sent stocks tumbling. Given the persistent inflation pressures in the PMI data, traders are rethinking the odds of a Federal Reserve interest rate cut
