Articles for author: Russ Cohen

Russ Cohen

Insightful Outlook: Dividend-Increase Announcements Surge at Outset of 2024 Insightful Outlook: Dividend-Increase Announcements Surge at Outset of 2024

As the fourth-quarter earnings reports flood in, the wave of positive dividend change announcements is catching the attention of investors. Walmart’s announcement of a 3:1 stock split is raising questions about a potential revival of split activities in the market. Overall sentiment appears to be on an upward trend, despite prevailing macroeconomic uncertainties. Following a ...

Russ Cohen

Assessing Tesla’s Stock: Time for a Reality Check or a Buying Opportunity? Assessing Tesla’s Stock: Time for a Reality Check or a Buying Opportunity?

Spencer Platt/Getty Images News Electric vehicle industry bears often voice concern about Tesla (NASDAQ:TSLA) and its stock performance. The current sluggish share price and underwhelming outlook given in the company’s Q4 earnings report have left many questioning the future of the electric vehicle giant. However, industry bulls remain resolute in their optimism, including notable figures ...

Russ Cohen

Is Apple’s Lack of AI Integration a Cause for Concern? Is Apple’s Lack of AI Integration a Cause for Concern?

Following the recent earnings reports from major tech companies, it is evident that Apple (NASDAQ: AAPL) stands as the outlier in the group. A key reason for this is Apple’s apparent reluctance to adopt and introduce AI-centric products. Instead, Apple seems to be sticking to its traditional sales-focused strategy. But the question remains, is this ...

Russ Cohen

Examining the Influence of the Magnificent 7 on the Market Examining the Influence of the Magnificent 7 on the Market

There’s been much recent discussion about the Magnificent 7 stocks and their purported role in propping up the current market rally. These seven companies – Apple, Amazon, Meta Platforms, Alphabet, Microsoft, Nvidia, and Tesla – constitute nearly 30% of the S&P 500’s total market capitalization. Lately, the narrative has been that these seven stocks are ...

Russ Cohen

S&P 500 Tops 5,000; PepsiCo Posts Upbeat Earnings

S&P 500 Surpasses 5,000 Mark as PepsiCo Earnings Impress Market Overview U.S. stocks experienced a mixed trading session today, marked by the S&P 500 surpassing the 5,000 level. As of Friday’s market opening, the Dow edged down 0.05% to 38,706.33, while the NASDAQ rose 0.32% to 15,844.63. The S&P 500 also made gains, rising by ...

Russ Cohen

Meta’s $50 Billion Buyback Analysis Meta’s $50 Billion Buyback: An Analytical Deep Dive Through the Lens of Reddit

Editor’s note: This story has been updated to remove an offensive Reddit username. Recently, a Redditor going by the username u/evilmonk234 sparked a discussion on Meta Platforms Inc META, the parent company of Facebook, about its announced $50 billion buyback. The question at the center of the debate: Is it good or bad? Related: Unveiling ...

Russ Cohen

Top Momentum Stocks for Investment Top Momentum Stocks for Investment

Let’s jump right into the world of investing and examine three high-flying stocks that are soaring higher in the market stratosphere. These dynamic equities, each a rocket ship of momentum, are poised to potentially dazzle discerning investors in search of astronomical returns. Buckle up and let’s explore the celestial trajectory of these celestial stocks! M.D.C. ...

Russ Cohen

Newell Brands Inc. Breaks Above 4% Yield Territory Exploring the Breakthrough: Newell Brands Inc. Exceeds 4% Yield Milestone

As of Friday’s trading session, Newell Brands Inc (Symbol: NWL) has crossed into the coveted 4% yield territory, offering investors a substantial quarterly dividend of $0.28, sending shares as low as $6.92 during the day. This achievement holds paramount importance for investors due to the historical significance of dividends in contributing significantly to the stock ...

Russ Cohen

Challenges Impacting Magna International Inc. Stock Performance Challenges Impacting Magna International Inc. Stock Performance

Friday, Magna International Inc MGA reported fourth-quarter 2023 sales of $10.45 billion, almost in line with the consensus of $10.46 billion. Sales increased 9% Y/Y, compared to a 7% increase in global light vehicle production, including 5%, 7%, and 12% higher production in North America, Europe, and China, respectively. Sales increased by 4%, excluding foreign currency translation ...