DG Capital's flagship hedge fund strategy, DG Value Funds, returned 6.2% in the quarter ending December 31, 2022. Overall, the strategy recorded a return of -23.2% for the year. According to a copy of the fund's fourth quarter and year-end letter to investors, which ValueWalk has been able to review, DG's equity investments were responsible […] Read More
In 2023, the new year has ushered in a new mindset reminiscent of 2020. DraftKings is already up 50% year-to-date. Until there are signs that the heavy institutional hitters are back in the DraftKings game, it's probably best to sit on the sidelines. Since Plug Power provided its annual business update on January 25th, five […] Read More
PepsiCo Inc. beat on the top and bottom line and guided favorably as well. The analyst sentiment has slipped but the price target is on the way up. The dividend will help support the prices, which increased by 10%. 5 stocks we like better than PepsiCo The price action in PepsiCo Inc. (NASDAQ:PEP) pulled back from a […] Read More
Disney CEO Bob Iger laid out a plan for the company that has activists standing down. The company plans to restructure and cut costs. The dividend may come back soon, another tailwind for the price action. 5 stocks we like better than Walt Disney Shares of The Walt Disney Company (NYSE:DIS) have been on a […] Read More
On February 10, 2023, GLJ Research downgraded their outlook for United States Steel Corporation (NYSE:X) from Buy to Sell. Analyst Price Forecast Suggests 5.51% Upside As of February 10, 2023, the average one-year price target for United States Steel is $29.65. The forecasts range from a low of $18.18 to a high of $44.89. The […] Read More
In his Daily Market Notes report to investors, Louis Navellier wrote: Range Trading Stocks are in a trading range as earnings season motors on. The S&P 500 has managed to stay above 4,100 but seems to have resistance at 4,150. Likewise, the NASDAQ keeps punching above 12,000 but then pulls back to 11,900. The Dow […] Read More