Wed, Jan 31, 2024 1:17 PM
Cochin Shipyard shares surge 8%, hit 52-week high on robust Q3 earnings
A Flip by Shubhangi Gupta
Tesla (NASDAQ: TSLA) didn't have a lot of good news to share with investors in its first-quarter earnings report this week.As the company said in its summary, challenges including the Red Sea conflict, an arson attack at its factory in Berlin, and the ramp-up of its updated Model 3 all added to costs and weighed on performance. The company also noted industrywide challenges in electric vehicles.
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One million dollars might not be what it used to be, but it's still a worthy retirement goal. If you have supplementary income, such as Social Security or a pension, $1 million can certainly be enough of a nest egg to help you get through retirement comfortably. While artificial intelligence (AI) stocks have gotten much of the attention from investors these days, there are plenty of opportunities.
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Cheap stocks end up cheap for a reason, which is one of the hard truths of value investing. You usually have to be willing to go against the grain and buy out of favor stocks despite the market's concerns. Right now Rexford Industrial (NYSE: REXR) and Toronto-Dominion Bank (NYSE: TD) are on the outs, but that's left them both with historically high dividend yields. Now is the time to act.
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