Wealth advisor lays out how to play struggling stocks, including Palantir
With a tumultuous first quarter wrapping up, Courtney Garcia, senior wealth advisor at Payne Capital Management, reviewed what to do with some well-known stocks that are under pressure. Garcia joined the 3-Stock Lunch segment on CNBC’s “Power Lunch” on Monday to discuss Palantir , General Motors and Coinbase . Here’s what she thinks of each: […]
How to use options to enhance the income from this dividend-yielding agricultural play
As the final installment of our three-part “Dogs of the Dow/S & P 500” series of articles, we’re following up on Monday’s trade idea in ConocoPhillips , an idea for an “oil” company of another variety. Rather than an energy sector oil/petroleum company, this time, we’re discussing a consumer staple that makes edible oils. Bunge […]
How to know when it’s time to take profits in your 2024 winners using charts
Several stocks have seen exceptionally strong rallies in 2024 following base breakouts in 2023. Names like Palantir (PLTR) and Applovin (APP) , which are up roughly 325% and 765% year-to-date, have “gone parabolic” post-election. In steep uptrends like theirs, it can be difficult to determine when it is appropriate to take profits, and we can […]
The inherent danger of parabolic stock moves and how to handle
People always ask me why I dislike parabolic moves. The answer is simple: When a stock rises significantly in a short period — resulting in a price chart that resembles the curve of a parabola — it goes down far faster than it can creep up, for whatever reason. Consider a parabolic move from a […]
Beware AI stocks trading at rich valuations. How to profit from a pullback using options
Investors have grappled this quarter with how to value an AI-focused company based on its future revenue potential against its current spend to develop the product. We saw the downside to high capex spending without a clear path to revenue growth in META’s decline after earnings. While Palantir (PLTR) is not a direct parallel, it […]