There’s a lot to like about Cava Group (NYSE: CAVA). The Mediterranean-style restaurant chain is growing like a wildfire while generating positive bottom-line profits. I understand why many investors are excited about this thrilling growth story, sending Cava’s stock price 152% higher in the last 52 weeks. But I’m not …
Read More »EPS Beat, Deliveries Growth, Strong Q3 Outlook And More
NIO Q2 Earnings: EPS Beat, Deliveries Growth, Strong Q3 Outlook And More Chinese electric vehicle startup NIO, Inc (NYSE: NIO) reported fiscal second-quarter revenue of 17.45 billion yuan ($2.40 billion), up 98.9% year-over-year and 76.1%% from the previous quarter. Analysts, on average, estimated revenue of $2.44 billion for the quarter. Excluding share-based compensation expenses, the …
Read More »The market shouldn’t cheer a larger rate cut in September: Morning Brief
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: It’s a market cliche that a “Goldilocks” economy is good for stocks. Over the past 18 months an economy regularly defying pessimistic expectations swept away any prognosticators worried …
Read More »3 High-Yield Dividend Stocks to Buy Sooner Rather Than Later
Arguably the most important decision for investors to make is which stocks to buy. But when to buy them ranks pretty high on the list, too. Sometimes, it makes sense to wait to buy a given stock. However, there are other times when moving quickly is better. I think several …
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