To simplify the story, New York Community Bancorp (NYSE: NYCB) got too big, too fast just as interest rate increases made operating a bank more complicated. It ended up needing a huge cash infusion, and it massively reduced its dividend to just a penny per share per quarter, all in support of a broader turnaround effort. Now that it offers little in the way of dividend income.
Open Flip
Roku Inc (NASDAQ:ROKU) stock is down 33.6% so far in 2024. The shares have yet to recover from February bear gap and have even moved lower since. Still, bulls should hold off on buying in on the dip, as ROKU could move lower still. That's because the security just came within one standard deviation of its 50-day moving average, after a lengthy period below the trendline.
Open Flip
A shadowy threat is lurking beneath India’s bull market which ace investor Shankar Sharma believes to be the single biggest threat - overcapitalization driven by the insatiable greed of merchant bankers and operators.“Single biggest threat to this Bull Market are greedy Merchant Bankers & Operators, exhorting foolish promoters to raise excess capital, permanently destroying balance sheets."
Open Flip
