What Is Recoverable Depreciation? Recoverable depreciation is the difference between actual cash value (ACV) and replacement cost. In the context of a homeowner insurance policy, a recoverable depreciation clause gives the homeowner the ability to claim that difference. Most ordinary household possessions lose value or depreciate over time. If you buy a couch for $2,000,
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Up until two weeks ago, SoFi Technologies (NASDAQ:SOFI) stock was on a tear. Source: rafapress / Shutterstock.com After getting knocked back below $15 per share following its successful SPAC rollout, SOFI stock went on a strong run between late August and early November, delivering of strong quarterly results. The fintech company was also boosted by reduced
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Big Oil has been out of favor for over a decade. But on the reopen, are the analysts finally bullish? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – The electronics retailer’s shares tumbled 10.4% in the premarket, after it forecast holiday season comparable sales largely below Wall Street forecasts as it faces possible product shortages. Best Buy reported a quarterly beat on the top and bottom lines,
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The world of business has always been a harsh, survival-of-the-fittest environment. Like any realm that thrives on competition and the threat of losses, the investing world is rife with conflict. So it is not surprising to see so many military terms creeping into the vocabulary of everyday investors or TV analysts. Take a look at
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Peloton (NASDAQ:PTON) stock is not for the faint of heart investors. Source: JHVEPhoto / Shutterstock.com The company had the misfortune of coming to market just before the pandemic hit. The first few months of existence were going fairly well. PTON investors succeeded at building a base. There were sizable rallies and reasonable declines, but then
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GameStop (NYSE:GME) has been one of the year’s most amazing stories. Coming into 2021, GameStop appeared to be a nearly bankrupt video game retailer stuck in a death spiral. However, thanks to social media activism, GME stock flew to the moon in January. Source: rblfmr/Shutterstock.com Management used that opportunity to issue stock and raise sufficient
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The special purpose acquisition company (SPAC) bubble has come and gone. But investors are still keeping an eye on high-profile blank-check company mergers. One, in particular, that’s been getting attention is the proposed deal between SilverBox Engaged Merger (NASDAQ:SBEA) and Black Rifle Coffee. On the day of the announcement, SBEA stock briefly skyrocketed in price from
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After its launch in 2009, Bitcoin ushered in a new era of blockchain technology and digital currencies. Given all the talk about Bitcoin, you’d think it would be everywhere. Is that really true? How much is Bitcoin worth? Perhaps more importantly, how much of the world’s money is in bitcoins? With the price of BTC
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Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen.
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Equity prices on Wall Street have never been higher, yet Zillow (NASDAQ:ZG) stock is 73% off its highs. A year ago, ZG stock exploded in a 140% rally to start the year. Then its momentum died suddenly in the middle of February. The bears have controlled the price action since then in a harsh descending
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SoFi Technologies (NASDAQ:SOFI) is a fintech company seeking to disrupt the traditional banking market. SOFI stock officially launched earlier this year after it completed a merger with one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs). Source: rafapress / Shutterstock.com Out of the gate, SoFi generated a lot of excitement. Unlike some of its fintech
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After the onset of the Covid-19 pandemic, cloud-based e-commerce platform Shopify (NYSE:SHOP) entered into a boom phase of epic proportions. As a result, anyone who happened to own SHOP stock enjoyed a spectacular return on his or her investment. Source: Beyond The Scene / Shutterstock.com Unlike some other e-commerce companies, Shopify is seller-focused: the company offers
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For this week’s Mastermind discussion Stig has invited Tobias Carlisle from Acquirer’s Fund, Jake Taylor from Farnam Street Investments, and Dr. Wes Gray from Alpha Architect. All three guests are highly successful asset managers. They’re discussing why it’s too simplistic to argue that low-interest rates are pushing up stock prices and much more. IN THIS
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Countries all across the world are taking the big step to slash carbon emissions. What does that mean for Nio (NYSE:NIO) stock? Source: Sundry Photography / Shutterstock.com In the U.S., President Joe Biden announced a goal of a 50% reduction in greenhouse gas emissions by 2030. This move gave a direct push to electric vehicle
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The current narrative surrounding FuelCell Energy (NASDAQ:FCEL) stock revolves around a few central ideas.  Source: Kaca Skokanova/Shutterstock One, the idea that it will rise from President Joseph Biden’s infrastructure bill and the money to be directed toward clean energy. And two, that FCEL stock is a buy-the-dip opportunity.  Let’s start there first.  Opportunity? Early in
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally
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Check out the companies making headlines before the bell: Deere & Co. (DE) – The farm equipment maker reported quarterly earnings of $4.12 per share, beating the consensus estimate of $3.90, although revenue came in slightly below analyst forecasts. Deere said solid demand for its products helped cushion the impact of a month-long workers strike. Deere rallied
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I’ve been helping investors for over a decade, and a persistently difficult point to make involves earnings trades. Zoom (NASDAQ:ZM) stock fell almost 20% yesterday on its earnings headline. Source: Girts Ragelis / Shutterstock.com For years I have struggled in convincing investors that the reaction to those headlines is completely binary overnight. Of course, the
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For the last few months I have been warning investors away from Vinco Ventures (NASDAQ:BBIG) stock. Since my first story came out in September, the shares are down 67%. They closed November 23 at $3.13. Source: shutterstock.com/Postmodern Studio My problem with the company is that there is nothing there. It’s all hype and buzzwords like streaming
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