7/30/2023 0 Comments Linkedin stock on robinhood![]() ![]() Per a sum-of-the-parts calculated, the company split into three may be worth 30% more than what it trades for today. However, as Barron’s sees it, there may be merit in buying it ahead of its dismantling. After its poor performance over the past five years and many missteps, it makes sense why there’s high skepticism whether this latest gambit will do the trick for shareholders. ![]() With its pending divestment plans under which GE Aviation, GE Healthcare, and GE Energy will become independent, investors are taking an “on the fence” view about it. Bouncing back after its own pullback experienced during last month’s sell-off, shares in the industrial conglomerate are back to near $100 per share. ![]() Source: Sundry Photography / Ĭompared to the market at-large, GE stock has held up reasonably well since the start of 2022. Chances are, this “wonderful company” isn’t going to remain available at not just a more than fair price, but at a deep value price at that. Before this happens, you may want to grab it. Even if excitement about it has dropped off since last fall.Īt some point, the market will realize its mistake, and bid back up FB stock. Also take into account that the company’s “metamorphosis,” could be the catalyst that helps it re-accelerate growth in the years ahead. This is a name deserving of a much higher multiple. Specifically, its high margins, strong balance sheet and economic moat. The FAANG component now trades for 17.2x earnings, taking into consideration its high-quality. With this big drop, Meta shares have fallen to a very low valuation. Yet a pullback of this degree? This is an overreaction. Yes, with its rate of growth slowing down, a pullback may have been justified. In total, FB stock has dropped more than 30%. Shares in the social media conglomerate and aspiring metaverse company saw an immediate 23% drop in price following its earnings release on Feb 2. Tanking after its latest quarterly results and guidance update, Meta Platforms (formerly Facebook Inc.) is now on sale. The recent tech sell-off has pushed some high-quality big tech leaders to more than reasonable valuations. Yet at the same time, tech isn’t excluded. Think automakers, banks, and pharmaceutical companies. Many of these names are “old economy” sorts of stocks. 7 Oil Stocks to Buy as Multiple Catalysts Converge.There are many widely held stocks that offer relatively lower levels of risk, trading at relatively low price-to-earnings (P/E) multiples, with the potential to produce solid returns. But while you may want to stay away from meme stocks, “story stocks” and other overvalued names, that doesn’t mean you should put your plans to start investing fully on hold. With this in mind, steering clear of the more high-flying names popular with retail investors who use brokerage apps like Robinhood may be a wise move. As inflation, rate hikes and other factors point to more rocky times ahead, some of the most popular stocks out there (many of which are great for first-time investors) could continue to make moves lower. InvestorPlace - Stock Market News, Stock Advice & Trading TipsĪfter the market’s latest round of volatility, it may not seem like the right time to get into Robinhood (NASDAQ: HOOD) stocks. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |