Progressive as a Top S&P 500 Stock
Progressive, a home-and-auto insurer, has managed to surpass the stock market consistently while maintaining minimal volatility within the S&P 500. Stable Growth and Low Volatility According to Josh Shanker, a…
Shopify’s Black Friday Sales Rise 22%, Analysts Express Concerns Over Valuation
Piper Sandler analysts Clark Jeffries and Wayne Trinh have downgraded Shopify stock to Underweight from Neutral, citing "an untenable valuation." They also lowered their price target to $56 from $58.…
Klaviyo Inc. Sets Terms for IPO
Boston-based marketing-automation software company, Klaviyo Inc. (KVYO), has announced the terms for its upcoming initial public offering (IPO). The company plans to offer 19.2 million shares, with 11.5 million shares…
Are Utility Stocks Worth Investing in?
Utility stocks have recently fallen out of favor among risk-seeking investors, despite their low valuations and solid return prospects. However, a slumping market might be just what this sector needs…