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4 Things to Know About IBM's Spin-Off Plans

6 years ago
IBM's (NYSE: IBM) stock recently rallied after the tech giant announced it would spin off its managed infrastructure services unit into a new company. That split will enable IBM to divest its slower-growth IT services and focus on its higher-growth hybrid cloud and AI businesses

Why Amazon's 4th Quarter Will Be Huge

6 years ago
Amazon.com (NASDAQ: AMZN) set sales records in the fourth quarter of 2019, reporting a 21% year-over-year jump in revenue. Total revenue during the period was about $87.4 billion, beating analysts' average forecast for $86.0 billion.

The Top 2 Contrarian Stocks to Buy Right Now

6 years ago
Back in 1993, when drugmaker Amarin's (NASDAQ: AMRN) shares first hit the market, it might have cost you $1,425 to buy one share (adjusted for splits). Go forward a few decades, and that one share now costs a little over $5. Clean Energy Fuels (NASDAQ: CLNE) , meanwhile, hit its

Forget FAANG, Buy These 4 Top-Notch Stocks Instead

6 years ago
Over the course of the past decade, investors who put their money to work in the vaunted FAANG stocks -- Facebook, Amazon (NASDAQ: AMZN), Apple, Netflix, and Alphabet -- have beaten the broader market by a wide margin. These tech bigwigs have gained between 398% and 4,800% in sh

How Tesla Can Get To A $1 Trillion Valuation

6 years ago
Tesla’s stock has rallied by about 5x this year, with its current market cap standing at about $400 billion. Can the stock continue to outperform, joining the rarefied group of companies with a $1 trillion market capitalization? It’s possible. Although Tesla stock looks pr
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