Tue, Jan 19, 2021 9:16 AM
Facebook enables AI in predicting healthcare needs of Covid-19 patients
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Rising interest rates have hit real estate investment trusts (REITs) particularly hard. Other income alternatives are now more competitive, drawing dollars out of the sector. And higher rates lead to higher costs for REITs.Wall Street has punished a lot of REITs, perhaps for good reason, but that has resulted in a few well-run companies ending up with historically attractive yields.
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Rivian (NASDAQ: RIVN) share prices fell after the electric vehicle (EV) maker reported first-quarter 2024 earnings. While sales were roughly in line with Wall Street expectations, the company lost more than analysts had projected it would. And yet, the big-picture story appears to remain intact.That doesn't mean that investors should be lining up to buy the stock, however.What is Rivian doing?
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Buy or sell stocks: The Indian stock market benchmark indices, Sensex and Nifty 50, ended higher on Friday. Sumeet Bagadia, Executive Director at Choice Broking has recommended three stocks to buy on Monday which he believes are technically placed to see a decent upmove. This list of stocks to buy include Eicher Motors, Zomato and Bharti Airtel.
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