Throughout the pandemic’s dark and frenetic embrace, Target reveled in the shimmering glow of digital sales surges and the ascendant arc of its private-label brands, its valuation buoyed further by the ephemeral excitement of stimuli from the world beyond. The stock market transformed into a splendid bazaar-stimulus checks mingling with the euphoria of social media and the lilt of commission-free trading platforms.
For those who cast their lot with this company a decade hence, there appears to be a profound lesson in patience and foresight-qualities required of the discerning investor. Should you have entrusted $10,000 to the hands of Apple, you would now behold a veritable fortune of $103,800, a transformation wrought by the forces of dedication and progress.
On Friday, October 3, Coinbase announced the expansion of its partnership with Samsung. This renewed collaboration will grant Galaxy smartphone users in the United States direct access to crypto through its Coinbase One program. Yes, a membership plan that promises zero trading fees and premium perks, because apparently the only thing missing from your life is one more tier you’ll ignore after six months.
Let’s take a moment to appreciate the pro – Mickey Legg from Benchmark Company. Picture him confidently brandishing a price target that suggests a nearly 200% upside potential. If only my bank account behaved as daringly! He cites three intriguing reasons for his optimism.
That dark horse is none other than Microsoft (MSFT). Unlike its more consumer-oriented competitors, Microsoft has set its sights firmly on the enterprise landscape. It’s like that industrious cousin who inherits the family fortune, armed with a plan. With a business strategy that thrives on subscriptions and long-term contracts, it has a stability that Alphabet and Amazon can only dream about. You see, in the fickle world of consumer markets, every dollar earned is just a breath away from vanishing. So it goes.
This is the second-best week since these ETFs first wobbled onto the stage, only edged out by the record $3.38 billion set in late November 2024, according to data from SoSoValue. It’s Uptober all right-cue the confetti and the suspiciously musical cash register. 🪙🎺
XRP’s eyeing a 15% nosedive to $2.60 if it can’t hold onto $3 – because apparently, climbing out of a hole is too much work 😏.
Despite reaching a record high, TSMC’s strong growth isn’t always enough to justify buying the stock at its current price. With an earnings report coming up, the question is whether investors should buy now, or wait for a potential dip in price.
The shifting tides of the market weave a narrative that compels us to reevaluate our cherished stocks. Therefore, steeped in such reasoning, I present three companies that come to mind as worthy of admiration-and perhaps investment-at this moment in time, when the market timidly offers them at discounted valuations.
According to the numbers, the open interest surged, and there’s a taker buy ratio of 1.05. That’s right, 1.05! Just a smidget over equal! What does that tell us? Traders are clearly feeling pretty bullish. It’s like they’re saying, “Hey, what can go wrong?” Spoiler alert: everything. 😏
