Sat, Apr 23, 2022 11:11 AM
Mega-cap companies signs robust earnings week led stakes to spike
A Flip by Shambhavi
JSW Steel expects to improve margins in the ongoing fiscal year, driven by cooling input costs, rising steel prices, and enhanced operational efficiencies, Jayant Acharya, joint managing director and chief executive, said."We had a strong financial year (FY24) in spite of Q4 challenges. We expect that FY25 will continue to be good as well," Acharya told Mint.
Open Flip
Can you become a millionaire by investing in Energy Transfer (NYSE: ET) stock? Absolutely. Over the long term, shares have proven a terrific investment. And given the company's unique asset base, there's a good chance this performance will be repeated in the years to come.There's only one catch: If you don't invest in this stock in a certain way, you may forfeit your chance of reaching the $1 mn.
Open Flip
With shares down a whopping 47% over the last five years, Alibaba Group (NYSE: BABA) has been dead money for long-term investors. The China-based e-commerce and technology conglomerate faces ongoing political uncertainty, market weakness, and competition from nimble rivals. Can the behemoth company turn itself over the next five years, or is it doomed to continued stagnation?
Open Flip
