If our renovation skills are as good as our cooking skills, Angi, the “Uber for home services” may be in luck.
The company has been an interesting story for many years yet its stock returns have been a disappointment. But with new product iterations, management team, and name, the company may finally be turning it around.
Anyone can buy a stock, but knowing when to sell is the hard part. A recent study shows professional investors also struggle with this. When it comes to buying, their picks outperformed the market average but they would often sell at the wrong time.
Every stock needs a catalyst to send them to the moon — which comes in various forms…
The rise and fall of Facedrive (TSX:FD), an eco-friendly ride-sharing company, was quick and swift. FD pivoted several times throughout the years with its core business — from food delivery and online retail to even contact tracing for COVID.
Companies that went public via direct listing are beating the market average – and anything that beats the market deserves a closer look. Last week, Warby Parker, the e-commerce eyewear retailer, announced plans to go public via direct listing – the 11th company to do so.
May to October is historically the weakest months in the market. Since 1896, the Dow (index of 30 largest companies in the US) had an average return of: 5.2% (Nov-April) and 2.1% (May-Oct).
This led to the old saying — sell in May and go away. But how has that worked out in 2021? Terribly.
