#nasdaq:lyft

[managermint]

InvestorPlace: Did Best Buy (BBY) Stock Just Become a Healthcare Play?

InvestorPlace: Did Best Buy (BBY) Stock Just Become a Healthcare Play?

Ten years ago, people were saying that Best Buy (NYSE:BBY) was nothing but “Amazon’s showroom.” And they were right… at the time. The stock proceeded to go nowhere throughout the early 2010s. But from its low of $11.20 in December 2012, BBY stock is now above $67 – a 500% climb!

While it’s certainly proven itself as a growth play, BBY stock fits the bill for my Growth Investormodel portfolio in…

View On WordPress

[managermint]

InvestorPlace: Stock Market Today: Don’t Get Me Started on the WeWork IPO

InvestorPlace: Stock Market Today: Don’t Get Me Started on the WeWork IPO

It was another good day in the stock market today, as equities pushed higher in Friday morning trade. It’s not hard to see that bulls are getting tired though, as equities faded off their opening highs.

The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 0.1%, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) rallied 0.1% and the PowerShares QQQ ETF (NASDAQ:QQQ) dropped 0.4%.

The rebound in equities…

View On WordPress

[managermint]

InvestorPlace: Lyft Stock Is More Profitable Than It Appears

InvestorPlace: Lyft Stock Is More Profitable Than It Appears

Lyft (NASDAQ:LYFT) is more profitable than its earnings statements, reported on Aug. 7, let on at first glance. This might seem surprising, especially since LYFT stock reported losses during its second quarter of $644.2 million — up from $178.9 million in the same period last year.

Source: Tero Vesalainen / Shutterstock.com

But a close look at LYFT’s cash flow statements, not its income…

View On WordPress

[managermint]

InvestorPlace: Stock Market Today: Tough Week for Warren Buffett 

What a volatile week for equities. While the headlines may not show it, we had an up-and-down day in the stock market today. The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 0.68% on Friday, but conflicting reports on trade had investors scratching their heads.

Last week, the markets crept lower each day, with the steepest decline occuring Wednesday, July 31, when the Federal Reserve cut interest rates.

View On WordPress

[managermint]

InvestorPlace: These Headwinds Might Be Too Much for Lyft Stock to Bear Lyft (NASDAQ:LYFT) has been trying to differentiate itself from its larger rival Uber (NASDAQ:

[managermint]

InvestorPlace: Twilio Stock Has Become a ‘Hold’ for This Type of Investor

InvestorPlace: Twilio Stock Has Become a ‘Hold’ for This Type of Investor

Twilio (NYSE:TWLO) continues to move higher despite calls from myself and many other analysts to sell. The San Francisco-based communication-platform-as-a-service (CPaaS) company attracts buyers to its Twilio stock as it powers apps that make the likes of Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) possible.

Make no mistake, Twilio stock is a high-risk play, despite the company’s bright prospects.…

View On WordPress

[managermint]

InvestorPlace: Nasdaq Today: Use Caution on Apple, Roku and Uber? 

What a boring trading session it was on Tuesday. While a late-session rally elevated the indices — with the Nasdaq climbing 0.22% and the S&P 500 up 0.21% — both hugged the flatline for most of the day. 

Source: Shutterstock

In fact, an odd anomaly stood out to me. The so-called “fear gauge,” more formally known as the CBOE Volatility Index (VIX) plunged on the day. Even when the S&P 500 was…

View On WordPress

[managermint]

InvestorPlace: 3 Stocks to Sell for Big Profits

InvestorPlace: 3 Stocks to Sell for Big Profits

Traders hoping for a sharp “V”-shaped recovery were sorely disappointed on Friday. The markets’ winning streak ended at three days and placed indexes on precarious footing heading into the new week. Couple that with this morning’s weak open and we have a backdrop that seems to favor finding stocks to sell.

Fortunately, my weekend surveying revealed a handful of candidates. Their charts are…

View On WordPress