In the world of investing, many ideas are so widely accepted that they go unquestioned. But conventional thinking is often wrong. Here's one piece of conventional investing wisdom we often hear: In times of panic, gold is a safe haven. Gold in your portfolio can help insure against losses when the stock market falls. As it turns out, this piece of conventional wisdom is correct. A recent study proved it… Two researchers in Ireland recently wrote a paper entitled "Reassessing the Role of Precious Metals as Safe Havens – What Colour Is Your Haven and Why?" They concluded that relative to many other assets, in many countries, precious metals act as safe havens in turbulent markets. This is because gold marches to the beat of its own drum… especially during times of stress… The researchers confirmed that gold is uncorrelated with most other financial assets. When two assets have a positive correlation (approaching a value of 1), their prices tend to move in the same direction. When assets have a negative correlation (approaching negative 1), they tend to move in opposite directions. A correlation close to zero means two assets move independently.
Hot Gold Stocks To Own For 2019: Shopify Inc.(SHOP)
- [By Danny Vena]
Shopify (NYSE:SHOP) and eBay (NASDAQ:EBAY) are two of the many platforms positioned to succeed in a world increasingly trending toward e-commerce. While Amazon.com (NASDAQ: AMZN) may be the 800-pound gorilla in the room, there are still other ways to take advantage of the increasing growth of online sales, which has provided a fertile field for investors. In just the past three years — since its IPO — Shopify has returned an astounding 400%, compared to eBay’s 44% return, and both have beaten the S&P 500’sgains of 32%. Over the longer term, eBay has been a monster: Since its public debut in 1998, it has returned more than 4,000%.
- [By Leo Sun]
Shares of Shopify (NYSE:SHOP) slipped 4% on May 22 aftercloud-services giant Adobe (NASDAQ:ADBE) agreed to buy its competitor Magento for $1.68 billion. Like Shopify, Magento is a “one-stop shop” that helps merchants digitize their businesses with websites, ads, payment services, analytics, logistics, and customer relationship-management channels.
- [By Danny Vena]
Shopify (NYSE:SHOP) had a lot to prove going into its most recent earnings release. While the company continued to increase revenue and add merchants at a torrid pace, a noted short-seller had the company back in its crosshairs, claiming that the recent data scandal at Facebookwould make it harder to recruit new merchants. Investors were also questioning whether the company could continue at the breakneck speed it had established over the last several years.
- [By Danny Vena]
This acquisition also positions Adobe to compete with Shopify (NYSE:SHOP), particularly in the enterprise market served by Shopify Plus. Shopify provides easy-to-use templates for setting up an online store and tools to help customize the shopping experience for customers.
- [By Steve Symington, Travis Hoium, and Neha Chamaria]
So with that in mind, we asked three top Motley Fool investors to each find a stock that doubled last year — and to determine whether they think those stocks are still worth buying. Read on to learn what they had to say about Align Technologies (NASDAQ:ALGN), Shopify (NYSE:SHOP), and Take-Two Interactive (NASDAQ:TTWO).
- [By Timothy Green, Nicholas Rossolillo, and Todd Campbell]
With the bull market still going strong, there’s no shortage of stocks that have doubled recently. Three of our Motley Fool investors have singled out Shopify (NYSE:SHOP), Cisco Systems (NASDAQ:CSCO), and Chegg (NYSE:CHGG) as stocks that still have room to run after doubling in value. Here’s what you need to know.
Hot Gold Stocks To Own For 2019: Warren Resources Inc.(WRES)
- [By Shane Hupp]
Northland Securities restated their corporate rating on shares of W Resources (LON:WRES) in a research note issued to investors on Wednesday.
Shares of LON WRES opened at GBX 0.43 ($0.01) on Wednesday. W Resources has a 52 week low of GBX 0.25 ($0.00) and a 52 week high of GBX 0.72 ($0.01).
Hot Gold Stocks To Own For 2019: Rowan Companies Inc.(RDC)
- [By Shane Hupp]
California Public Employees Retirement System reduced its position in Rowan Companies PLC (NYSE:RDC) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 656,438 shares of the oil and gas company’s stock after selling 41,386 shares during the quarter. California Public Employees Retirement System owned 0.52% of Rowan Companies worth $7,575,000 as of its most recent SEC filing.
- [By Lisa Levin]
Check out these big penny stock gainers and losers
MDC Partners Inc. (NASDAQ: MDCA) fell 23.4 percent to $5.25 in pre-market trading after a first-quarter earnings miss.
Hudson Technologies Inc. (NASDAQ: HDSN) shares fell 15.1 percent to $3.48 in pre-market trading after the company reported downbeat Q1 earnings.
Nuance Communications, Inc. (NASDAQ: NUAN) fell 14 percent to $13.15 in pre-market trading after the company posted downbeat Q2 earnings and lowered FY18 organic growth guidance.
Myomo, Inc. (NYSE: MYO) fell 13.2 percent to $3.10 in pre-market trading after reporting downbeat quarterly results.
Rowan Companies plc (NYSE: RDC) shares fell 10.7 percent to $14.13 in pre-market trading after climbing 8.50 percent on Wednesday.
BT Group plc (NYSE: BT) fell 9 percent to $14.80 in pre-market trading after the company reported Q4 results and announced plans to cut 13,000 jobs over the next three years.
Exelixis, Inc. (NASDAQ: EXEL) fell 8.3 percent to $19.90 in pre-market trading after the company disclosed that IMblaze370 Phase 3 pivotal trial of atezolizumab and cobimetinib in patients with heavily pretreated locally advanced or metastatic colorectal cancer did not meet primary endpoint.
Infinera Corporation (NASDAQ: INFN) fell 8.2 percent to $10.80 in pre-market trading after reporting Q1 results.
Synaptics, Incorporated (NASDAQ: SYNA) shares fell 7.4 percent to $43.00 in pre-market trading. Synaptics reported better-than-expected earnings for its third quarter, while sales missed estimates.
Randgold Resources Limited (NASDAQ: GOLD) shares fell 7.4 percent to $76.23 in pre-market trading after reporting Q1 earnings.
Integra LifeSciences Holdings Corporation (NASDAQ: IART) shares fell 7 percent to $59.36 in pre-market trading. Integra LifeSciences priced its 5.25 million share public offering of common stock at $58.50 per share.
Array BioPharma Inc. (NASDAQ: ARRY) shares fell 6.9 percent to $12.75 in pre-m
- [By Max Byerly]
Shares of Rowan Companies PLC (NYSE:RDC) rose 0.8% during mid-day trading on Thursday . The company traded as high as $16.36 and last traded at $16.09. Approximately 144,835 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 2,492,971 shares. The stock had previously closed at $16.22.