Financial Movers

When Corsair Gaming (#CRSR) reported their first and only quarter earnings report in November of last year, it was a surprise upside for many analysts. The company beat EPS by $0.28 and reported revenue of $457.1M (+60.7% Y/Y), which was a revenue beat by $59.9M. Corsair went public in September of 2020 and their stock is up 154% since the IPO. But does the stock still have more upside? The video game industry is expected to grow 12.7% compounded annually through 2027, which could benefit Corsair stock. After a holiday season of gaming gifts and the stock trading sideways, is now the time to buy #Corsair stock?

In 2020 Coke (KO) stock was trading at an all time high of $60 before being sold off in March down to $36. The stock was able to rebound over 50% for the year and get back up to $55, but has failed to keep the momentum going. Right now Coke is trading at $49.72, which is attractive to many investors because it's under $50. The company pays out an annual dividend of 3.0% which is also attractive and is reeling investor in to buy shares. Is now a good time to buy Coke on the dip, or will the dip go deeper?

Verizon (VZ) is an American telecommunications company that also ranks as the second-largest wireless carrier in the United States. The company earns nearly 85% of adjusted earnings from its wireless business and ranks as the best coverage phone carrier in the U.S. because of quick 4G LTE speeds. For years #Verizon has been able to have both revenue and net income in the billions of dollars, but their numbers have stagnated because the telecommunications sector has become saturated. In September of 2020 Verizon announced that it agreed to buy prepaid wireless service provider Tracfone from the Mexican company America Movil (#AMX) for $6.25 billion in cash and stock. An acquisition of this size can be seen as way for Verizon to grow their business and revenues while simultaneously combating competition, but will it? Because of stagnation, Verizon has marginally underperformed the broader market for the past three years and many growth investors are skeptical about holding the company's stock for the long-term. On the flip side dividend investors are keen on the stock because it yields a 4.24% dividend that pays out quarterly and is a defensive stock in their portfolio. But after their most recent acquisition and 5G at the horizon, will Verizon be able to achieve massive growth and be a 5G buy for 2021?

After an amazing run up to all time highs in 2020, Salesforce (CRM) stock has been taking a breather. It's currently trading -22% away from its all time high as it hovers around $220 per share. But why did the stock sell-off to begin with? On December 1, 2020, the company reported stellar quarterly earnings, but investors sold the stock and it has yet to regain the losses. Many investors didn't like the fact that the company announced that it's acquiring Slack (WORK) for $27.7 billion and believe the valuation is too high. Maybe it is? But it is good to note that Salesforce has acquired 60 companies over the past 20 years, so maybe the CEO knows what he's doing? Is now a good time to buy Salesforce stock?

It's a new year. 2020 is over and your resolution for 2021 is to invest into the stock market. But where to begin? Well, Warren Buffett said, "for most people, the best thing to do is owning the S&P 500 index fund." But there are so many! Which is the best and which should you invest in? All S&P 500 funds are similar. Their investment strategy is to track the S&P 500 as closely as possible and yield positive returns for investors. Since inception the S&P 500 has gained an average of 10% per year, so investors that invest into it should be expecting to receive the same. The difference amongst the funds are what type of expenses you'll pay to the investment firm that you invest with and the dividend yield that the fund pays out to investors. After that, they're almost all exactly the same.

Since March of this year, Lockheed Martin (#LMT) has been struggling to earn back its stock gains. Before the #stock market sell-off in March, Lockheed Martin shares were trading at all time highs near $440. Now shares are trading at $353, which is -20% away from highs. Lockheed Martin is the largest defense contractor in the U.S. and in the entire world. The company makes military equipment such as helicopters, planes, missiles, and armored vehicles. In October of this year the company also decided to increase its dividend and is now paying a yield of 2.94%. Is now the time to buy Lockheed Martin shares?

Dividends! There's a lot of companies that offer high dividends to attract investors. Value stocks such as Coke, Pepsi, Kroger, Verizon, Johnson & Johnson, and many more, reward investors with high dividend yields. The idea is that investors will buy the company's stock and hold on to it for not only growth, but for solid dividend payouts too. By being invested into a stock an investor should always stay up to date with the company's news and earnings announcements. That can be a lot of work for an investor that doesn't trade and invest full time, so dividend ETFs were created. By investing into a dividend ETF an investor will reap the dividend reward and won't be required to monitor their position as much as they would if they were invested into an individual company. But which dividend ETF should an investor choose in 2021?

Yesterday Cintas (CTAS) reported an earnings beat on EPS by $0.43 and revenue beat. The stock took a slight dip and was immediately bought up, but should investors really be buying shares? Yes, the company beat analyst expectations, but they also reported total revenues down by (-4.3%) Y/Y. To buy, or to not buy Cintas?

Last Friday Nike (NKE) reported earnings and beat on all fronts. The company increased revenue and net income, but it how they did it is what impressed investors. Today Nike stock is up +5% because the company reported strong sales growth in China. Sales were up 24% in the country that has over 18% of the world's population. Sales also grew in the U.S. and Europe, but the growth that was seen in China is impressive and many investors are wondering if it'll continue. Is now the time to buy Nike stock?

Last night FedEx(FDX) reported phenomenal earnings. The company beat revenue expectations, strengthened their balance sheet, and increased net income. So why is their stock selling off today? Since reporting, shares of FedEx have dropped from $292 to $277, which is a -5% drop. Many investors and traders are asking if this is a buy on dip opportunity?