Mon. Nov 29th, 2021

Stock

Shelley Waters
 |  Guest columnist

Take stock in children. They are the future, our most valuable resource. In Alachua County we have an equity problem, an achievement gap and the graduation rate needs improvement.

The phrase came to life in 1996 when the Education Foundation of Alachua County founded its Take Stock in Children program. It has a proven track record of helping at-risk, low socioeconomic status students achieve success in a very personal way.

The 2020 class of Take Stock in Children boasted a graduation rate of 100%, and all 61 seniors received college acceptance. The program works.

Tim Miles is a great success story. He joined TSIC in 7th grade when Scherwin Henry became his mentor.

Miles is a recent Florida State University graduate with a bachelor of science degree, majoring in statistics and minoring in mathematics; he is now pursuing a business administration and master of science

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Stocks shook off a sluggish start to finish with modest gains Wednesday, nudging the Standard & Poor’s 500 index to an all-time high for the second straight day.

The benchmark index rose 0.2% after spending much of the day drifting between small gains and losses. About 54% of the stocks in the index rose, with communications, financial and healthcare companies driving the bulk of the gains. A pullback in technology stocks, companies that rely on consumer spending and elsewhere kept the market’s gains in check.

Treasury yields continued to head mostly higher, a sign of growing confidence in the outlook for the economy. That confidence has also been pushing stocks higher in recent weeks as traders hope COVID-19 vaccines will start driving a stronger economic recovery. Investors were not deterred by new data Wednesday showing that hiring by U.S. companies slowed last month.

The S&P 500 rose 6.56 points to

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“Verizon’s strategic position isn’t nearly so dire as AT&T’s.”


Alastair Pike/AFP via Getty Images


Verizon Communications

shares received a boost Wednesday from MoffettNathanson analyst Craig Moffett, who lifted his rating on the telecom giant to Buy from Neutral and changed his price target on the stock to $66 from $59.

His core thesis is that with the stock trading at just half of the broader market’s price/earnings ratio,

Verizon

shares (ticker: VZ) are “simply too cheap.”

Moffett isn’t exactly a raging bull on Verizon, but he does see room for the stock to gain ground from here, even as the company continues to lose market share to

T-Mobile US

(TMUS), which he continues to recommend. He also maintains his Sell rating on

AT&T

(T), which he sees as losing market share to both of its rivals and which is hampered by considerable leverage.

Moffett notes that T-Mobile’s combination

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Looking for top stock picks to buy at cheap prices could be a worthwhile use of an investor’s time. It may enable them to unearth high-quality businesses that have been overlooked by other investors. It may also mean that their holdings have greater scope for capital growth than the wider stock market.

As such, by comparing companies to their sector peers, focusing on their track records and considering their long-term growth strategies, it is possible to find the most attractive buying opportunities at the present time.

Comparing top stock picks with their peers

Identifying top stock picks could be made easier through a comparison between a company and its peers. This may provide guidance to an investor in areas such as a company’s market position and how stable its financial performance could be in future. It may mean that an investor can find the strongest businesses in a sector that

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The defense sector has been one of the worst hit by the coronavirus pandemic, not least because of huge cuts to government spending. At the end of October, the sector’s average price-to-earnings ratio hit a 20-year relative low against the European market, according to JPMorgan.

But sentiment on the sector started to turn last month when UK Prime Minister Boris Johnson announced the country’s biggest defense investment since the end of the Cold War.

Johnson has promised an extra £16.5 billion in addition to the annual budget, which is almost £41.5 billion, or $55.4 billion, for this financial year.

The announcement of the UK’s increased spending, combined with the outlook for Europe and the US, has fed into JPMorgan analysts’ positive view on the defense-and-aerospace sector.

As part of JPMorgan’s Europe and Global equity outlook released Monday, the equity analyst David Perry provided insight into the sector exploring the current

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Cloud-based data warehousing startup Snowflake (NYSE: SNOW) saw its stock rally by over 20% last week to about $330 per share, valuing the company at about $90 billion. While there wasn’t much news from the company over the past week, there could be a couple of factors that drove up the stock. Firstly, Snowflake is likely to report its first set of quarterly results as a public company on December 2 and investors are likely anticipating strong numbers. For perspective, the consensus estimates that the company will post revenue of about $148 million, and a loss per share of about -$0.26. Separately, investors have continued to double down on high-growth and software stocks through the last week, after taking a breather earlier in the month amid the vaccine news. For example, Zoom gained about 12% over the last week while Tesla stock was up by about 18%. This also

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Yext YEXT provides a relatively simple, yet vital service at a time when nearly all information is available digitally. The tech company helps its clients ensure that their digital footprints provide accurate factual information about their businesses or organization.

Yext stock has climbed roughly 100% since early April and even though it trades for under $20 a share, it still rests well below its 2018 highs. Yext shares have also jumped during the last several sessions heading into its third quarter earnings release that’s due out after the market closes on Thursday, December 3.

Staying on Brand & Message

Yext aims to help businesses provide people with “dynamic answers and clear calls-to-action wherever they search.” The firm, which went public in 2017, also aims to reduce “data discrepancies, manual work, and support costs across your teams and internal systems.”

The ability to consistently provide the most up-to-date and accurate information

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November proved to be a huge relief for UK shareholders, as cheap shares rebounded on good news. First, Joe Biden beat Donald Trump to become US president #46. Second, news of three efficacious Covid-19 vaccines sent share prices soaring skywards. In the best month since January 1989 (+14.4%), the FTSE 100 index surged by almost 690 points in November. This leap of an eighth (12.4%) added £180bn to the FTSE 100’s market capitalisation. December has also got off to a good start. As I write, the Footsie has added more than 115 points (1.9%) in an early Christmas gift for investors. Though global stocks have soared since Halloween, I still believe you can buy cheap shares in quality companies today.

The FTSE 100 is not expensive

Although UK shares have just had a great month, they’ve also suffered a grim year. For the record, the FTSE 100 has lost 1,160

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Adena Friedman, Nasdaq CEO.
  • Nasdaq has said that companies listed on its main US stock exchange should have two “diverse directors” on the board.
  • If they don’t, they could be delisted, it said, as first reported by The New York Times DealBook. 
  • Under a proposal to be reviewed by the Securities and Exchange Commission, companies must have at least one woman director and one director who self-identifies as an underrepresented minority or LGBTQ+.
  • Currently, three in four companies listed on Nasdaq’s stock exchange don’t meet these requirements.
  • Companies that do not meet the requirements will not be delisted if they publicly explain themselves, Nasdaq said.
  • Visit Business Insider’s homepage for more stories.

Companies listed on Nasdaq’s US stock exchange will have to have at least one woman and another “diverse” director on their board under new proposals.

If companies don’t meet the diversity requirements, they could be delisted.

The

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The U.S. telecom stocks witnessed a relatively flat trajectory for the most part of the past week as healthy progress in the experimental COVID-19 vaccines was offset by a continued surge in coronavirus cases. However, a late surge at the end of the week was propelled by the news of the transition of the President-elect to the White House, with the industry pinning hopes on an updated policy framework to tide over the gloom and doom of the virus outbreak. The trend also mirrored the broader benchmark indices that possibly factored in the likely nomination of former Federal Reserve Chair Janet Yellen as the incumbent Treasury Secretary for the sudden rise after a sedate start to the week.   

With water-tight legislations and sound policy guidelines, the Biden administration is expected to safeguard the interests of domestic telecommunications firms and maintain a tight leash on China-based entities to thwart data intrusion

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