The uncertain macroeconomic situation has forced consumers to control their spending and seek benefits. This has been a boon for discount retailers in the consumer goods sector such as TJX, Inc. New York Stock Exchange: TJX And Ross Stores Inc. NASDAQ: GROWTH but this hurts deep discount retailers like Dollar Tree Inc. NASDAQ: DLTR And … Read more
As 2024 approaches, tax loss selling is being implemented to harvest tax losses for institutional and individual investors. This is the process of selling losing positions to offset capital losses and offset capital gains in other stocks in the portfolio. This increases selling pressure on underperforming stocks. Investors typically wait 30 days to avoid the … Read more
Okta today $86.28 +0.17 (+0.20%) (As of 11:21 a.m. ET) 52 week range $70.56 ▼ $114.50 Target price $103.77 Okty NASDAQ: OKTA The share price has suffered since peaking in 2021, but those days are over. The cybersecurity company has gained momentum over the past two years, and Okta’s stock market has normalized after the … Read more