Stocks Archives - Money Morning - Only the News You Can Profit From
Returns Over 1,200% for This Week’s Top Penny Stocks
Investors who jumped in on this week's top penny stocks made profits as high as 1,200%, 676%, and 240% in just a matter of days.
That's what makes penny stock investing so attractive to investors. Adding small-cap stocks like these can transform any portfolio in a short period of time.Here are this week's top penny stocks, and the massive windfalls they brought shareholders...
Dow Jones Today Plunges 143 Points; WFC, BAC, ZOES in the News
At the closing bell, the Dow Jones Industrial Average fell 143 points to finish at 16,026.75. The Nasdaq dropped 54 points to finish at 3,999.73, while the S&P 500 lost 17 points to end the day at 1,815.69.Here's a recap of other major events today...
This Great Profit Play Has Another Catalyst Coming
Over the summer, I told my Strategic Tech Investor readers a great way to get two stocks for the price of one through corporate spin-offs.
You may recall that this is a process by which a parent company separates a business unit into a stand-alone outfit and then issues shares in the new operation to the public.And that means this stock is getting a lot of traction too.
Carl Icahn Fight With Ebay (Nasdaq: EBAY) Takes Unexpected Turn Today
Icahn and eBay Chief Executive Officer (CEO) John Donahoe announced a truce today (Thursday) in which the notorious billionaire would end his public bid to force eBay to split off its PayPal unit and grant him two seats on the company’s board.is so shocking...
GrubHub (NYSE: GRUB) Stock Surges After IPO; How It Can Keep Climbing
GrubHub Inc. (NYSE: GRUB) is the latest initial public offering (IPO) to take the market by storm in 2014, opening at $40 today (Friday), or 54% higher than its offer price. Through the IPO, the company raised $192 million, which easily beat previous projections.
The money raised in the IPO gives GRUB a valuation of approximately $2 billion.
GrubHub priced its shares at $26 on Thursday, which was above its proposed range of $23 to $25 per share. The GrubHub IPO had been gaining momentum for weeks, as the company revised its range last week from an initial range of $20 to $22.
The Best Play in a Trillion-Dollar Market
In the go-go 1980s – back when the hit movie Wall Street told us that "Greed Is Good" -Carl Icahn was known as a "corporate raider"… and was revered for his windfall-producing decisiveness.
Icahn is still around. And he's still active. Only now – in the politically correct 2000s – he's known as an "activist investor" who's gone up against the likes of Apple Inc. (Nasdaq: AAPL) and eBay Inc. (Nasdaq: EBAY).
I don't really care what we call him. I just know that Icahn has done us a big, big favor.
You see, Icahn the Great has just cleared our path to a big profit – a company in a hot new market whose shares could surge 50% in the next two years.
And today I'm going to tell you a tale that shows how Icahn did this – and show you the stock that's ready to run. Full Story
- A Timely Jump to Cloud Computing Makes These Two of the Best Stocks to Buy Today