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What would you do if you won the lottery tomorrow? Would you continue adding to your car collection, buying really expensive one-of-a-kind vehicles? Would you make your own 3-D printer mold for bobble heads? Would you invest in cryptocurrency? And how would you fend off the money moths?

That’s what some professional athletes seem to think when they sign million-dollar contracts with their teams, spending it all, or putting their faith in bad investments (and bad advice), and that the money will never run out, or their careers will have a longer life span.

When it comes to the worst financial blunders, some athletes seem unable to steer away from the flashy and luxurious lifestyles that “come” with the pro sports career, or too-good-to-be-true investment advice.

(Related: 20 Best Paying Jobs for College Business Majors: 2017)

Top High Tech Stocks To Watch Right Now: Intuit Inc.(INTU)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Wednesday was Intuit Inc. (NASDAQ: INTU) which jumped nearly 7% to $137.88. The stocks 52-week range is $101.81 to $140.25. Volume was 4.8 million on the day compared to the average of 1.9 million.

  • [By Money Morning Staff Reports]

    This has major financial institutions issuing warnings ahead of one of the biggest technological shifts in the history of the world.

    The Top Cryptocurrency Stories for Wednesday
    Yesterday, one of Bitcoin’s biggest proponents once again released an extremely bullish outlook on the cryptocurrency. Billionaire investor Tim Draper said Tuesday that “Bitcoin is bigger than the Internet,” and he also said its influence will be even bigger than the Industrial Revolution, the Renaissance, and the Iron Age. The statement comes after he released a recent price target of $250,000 by 2022. Not everyone is buying into Bitcoin’s post-tax season rally. Bill Harris, the former CEO of PayPal Holdings Inc. (Nasdaq: PYPL) and Intuit Inc. (Nasdaq: INTU), sounded off Tuesday in an op-ed piece titled “Bitcoin Is the Greatest Scam in History.” Harris called the cryptocurrency a “colossal pump-and-dump scheme” that has no precedent on the world stage. Bitcoin proponents immediately took to social media and online blogs to refute Harris’ arguments. Forbes contributor Kyle Torpey vented that Harris’ focus was misguided and took special issue with his claim that “Bitcoin has no value.” The crypto world has identified JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon as public enemy No. 1. Computer security pioneer and cryptocurrency guruJohn McAfeecalled out Dimon for attempting – and failing – to “end crypto.” McAfee lobbed a slew of accusations at the big banker via Twitter Inc. (NYSE: TWTR). Finally, it wouldn’t be another day in the cryptocurrency markets without another unprovoked threat to Bitcoin. The latest comes from the Massachusetts Institute of Technology (MIT). In a recent issue of the MIT Technology Review, writers presented three scenarios that could “destroy Bitcoin.” The scenarios include a “government takeover” of the cryptocurrency, the “tokenization of everything” that involves a massive influx of tokens and makes Bitcoin less valuable, and a mas

  • [By Wayne Duggan]

    With bitcoin prices now at their highest levels since March at above $9,200, former Intuit Inc. (NASDAQ: INTU) and Paypal Holdings Inc (NASDAQ: PYPL) CEO Bill Harris wrote an op-ed piece for Recode in which he called bitcoin “the greatest scam in history.” Harris said cryptocurrencies are massive pump-and-dump schemes and fraud artists are taking advantage of cryptocurrency investors naivety and greed. He added that bitcoin has no intrinsic value, isn't an effective store of value and isn't accepted by the vast majority of businesses, making it virtually useless as a means of payment.

  • [By Shauna O’Brien]

    Morgan Stanley reported on Wednesday that it has downgraded financial management solution provider Intuit Inc. (INTU).

    The firm has cut its rating on INTU to “Underweight,” and has given the company a $62 price target. This price target suggests a 6% decline from the stock’s current price of $66.30. This downgrade reflects the company’s slowing growth of its tax business.

    Intuit shares were mostly flat during pre-market trading Wednesday. The stock is up 11% YTD.

Top High Tech Stocks To Watch Right Now: Dillard's, Inc.(DDS)

Advisors’ Opinion:

  • [By ]

    Some reasons for my bearishness on retail stocks:

    Higher Energy Prices. Oil prices have rallied dramatically and back to 2014 levels, rising from about $35 a barrel in early 2016 to around $67 Thursday. That’s bad news for U.S. retailers, as rising oil prices historically squeeze consumer disposable incomes. That’s one reason why I’ve been consistently raising my short exposure to retail and plan to continue doing so. Shaky Same-Store Sales Growth. Recent improvements to same-store sales at Abercrombie & Fitch (ANF) , Urban Outfitters (URBN) , Dillard’s (DDS) , Gap Inc. (GPS) and Macy’s (M) come against downgraded expectations, and might not be sustainable anyway. No Deal for Nordstrom (JWN) . The Nordstrom family has apparently abandoned plans to take its namesake company private. I had expressed concerns that this would happen. Higher Interest Rates. A rise in the London Inter-Bank Offered Rate (LIBOR) has recently accelerated. That’s bad news for retailers, as many variable-rate consumer debts (particularly mortgages) key off of the LIBOR. This will likely put a damper on mortgage refinancings — something that many see as an important ingredient for personal-consumption expenditures.

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores spiking twice in 2013 and then, along withlarge cap Macy’s, Inc (NYSE: M) and mid capDillard’s, Inc (NYSE: DDS), having large declines that may or may not have leveled offwhilesmall cap J C Penney Company Inc (NYSE: JCP) has lost most of its value:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores spiking twice in 2013 and has been falling off for a longer period of time thanlarge cap Macy’s, Inc (NYSE: M) andsmall capDillard’s, Inc (NYSE: DDS)whilesmall cap J C Penney Company Inc (NYSE: JCP) was crushed much earlier:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores having two spikes while it along withlarge cap Macy’s, Inc (NYSE: M) and mid capDillard’s, Inc (NYSE: DDS) have posted large declines last year that may or may not have leveled off andsmall cap J C Penney Company Inc (NYSE: JCP) has at least stopped the bleeding:

  • [By Peter Graham]

    A long term performance chart shows shares of The Bon-Ton Stores spiking twice in 2013 and largely falling off since then while large cap Macy’s, Inc (NYSE: M) andsmall capDillard’s, Inc (NYSE: DDS)began falling off in 2015 andsmall cap J C Penney Company Inc (NYSE: JCP) was crushed much earlier:

Top High Tech Stocks To Watch Right Now: Henry Schein, Inc.(HSIC)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Henry Schein, Inc. (NASDAQ: HSIC) which rose over 6% to $73.68. The stocks 52-week range is $62.56 to $93.50. Volume was 3.3 million compared to the daily average volume of 1.9 million.

Top High Tech Stocks To Watch Right Now: Barnes & Noble, Inc.(BKS)

Advisors’ Opinion:

  • [By Peter Graham]

    Small cap book retailer Barnes & Noble, Inc (NYSE: BKS) reported fiscal Q1 2018 earnings before the Thursday market open with results missing expectations and shares falling off in the high single digits in morning trading. Total sales fell 6.6% to $853 million as comparable store sales decreased 4.9% after declines in non-book categories outpaced improved book trends during the quarter. The Company also experienced lower online and NOOK庐 sales during the quarter, which were impacted by the prior year eBook settlement and lower promotional activity. The net loss improved to $10.8 million versus a loss of $14.4 million. The CEO commented:

  • [By Peter Graham]

    Small cap book retailer Barnes & Noble, Inc (NYSE: BKS) reported fiscal Q2 2018 earnings with shares falling several percent in premarket trading on a wider-than-expected loss and a continued sales decline. Total sales fell 7.9% to$791.1 million as comparable store sales decreased 6.3% with approximately half of this decline attributable to last year’s release of Harry Potter and The Cursed Child. The balance of the decline was primarily due to non-book categories. Revenue has fallen year-over-year for 14-straight quarterswhile same-store sales have fallen for eight-straight quarters. The consolidated net loss was $30.1 million versusa loss of $20.4 million. Outlook was given as the following:

  • [By Paul Ausick]

    Barnes & Noble Inc. (NYSE: BKS) traded down nearly 17% Friday and posted a new 52-week low of $5.40 after closing Thursday at $6.50. The 52-week high is $11.80. Volume was about 5.4 million, more than 4 times the daily average of around 1.3 million shares. The company revealed that same-store sales tumbled 6.4% in November and December.

  • [By Trey Thoelcke]

    Look for Barnes & Noble Inc.s (NYSE: BKS) fiscal first-quarter results first thing Thursday morning. Analysts on average expect to see a $0.12 per share net loss, on $871.75 million in revenue. The shares were last seen trading at $7.50. The consensus price target is $10.67, while share have traded between $6.25 and $13.20 in the past year.