Investors bet on multi-family REITs amid declining rental growth
Despite declining rental growth, multi-family residential stocks continue to beat the S&P Real Estate sector and the S&P 500 overall. Multi-family REITs such as Essex Property Trust Inc, Camden Property Trust and Equity Residential have appreciated by 23%,...
Off-price retail stocks soar as consumers pull back on spending
Off-price retailers may prove to be “recession-proof” yet again. Consumers trading down amid economic concerns have given a boost to off-price retailers. The stocks have been performing well against the index for the past three months, and the outlook for continued...
A surge in energy shares reminds investors they aren’t losing power any time soon
The often static energy sector has investors crackling with anticipation over spikes in energy consumption over artificial intelligence frenzy and the prospect of new investment opportunities as renewable energies gain leverage. At the beginning of 2024, Duke Energy,...
Underperforming Video Game Stocks Could See AI-Driven Upturn
Video game company stocks have been lagging this year despite the AI-driven tech stock boom. Electronic Arts, Roblox Corporation and Nintendo have all only gained between 4-6% year to date, and Netease and Ubisoft have slid 15% and 46% respectively compared to the...
Small biotech poised for a cure after years of plunging stock
Small-cap biotech stocks plundered after a 2021 wild-run, but investors are hopeful that interest rate cuts and positive test results in oncology and autoimmune treatments will be the right prescription for the biopharma market. That would be welcome news for...
Sportswear stocks wane as old-school retailers pick up
The mall has a new leader. Goodbye, Lululemon. Hello, Abercrombie. After soaring early in the pandemic, sportswear companies including Lululemon have stopped growing, hitting their stock prices hard. The company, once the darling of the pandemic market, has seen its...
Target Hires PepsiCo Executive Jim Lee as New CFO
Target Corp. announced Thursday that Jim Lee, an executive who has climbed the ranks over 26 years at PepsiCo, will be its new CFO. Lee, 50, is set to succeed Target veteran Michael Fiddelke effective this month. Fiddelke is also chief operating officer and has been...
In retail paradox, the fortunes of big box and luxury stores diverge from their clientele
The wealthy are thriving, but the stocks of the luxury stores that cater to them aren’t. And while lower-income shoppers feel the pinch, the stocks of the big box stores they shop at are booming. The dichotomy is one of the curve balls in the post-pandemic economy....
How Social Media Influencers Conquered the Financial Education Industry
Haley Kowalewski was just 23 when she scored her first corporate job, with a corporate paycheck to match. Lacking any family members knowledgeable in money matters, she quickly set out to teach herself the rules of financial literacy–only to be met with a resounding...
Three Ways to Protect Yourself from Online Scammers
Online scammers are everywhere, using new tricks to prey on people, steal their money and personal information. Reports from the Federal Trade Commission (FTC) shows that consumers lost a staggering $9 billion to fraud in 2022. Her troubles began when she announced on...