Stock Card's winner and loser of the week
Being a short week in the United States hasn't dampened the stock market exciting stories. This post about how Cryptocurrency might have messed up Thanksgiving conversations was a good read on our day off. It is also very relevant to the most interesting stock market stories of the week:
Winner: Overstock.com (Ticker: OSTK), up more than 23%!
Remember Overstock.com? We talked about it about a year ago, when the company's CEO - Patrick Byrne - announced he is a true believer in the future of cryptocurrency. The stock had a trip to the moon and back. Everything was quiet until the Black Friday. Patrick reaffirmed his plans to get rid of the e-commerce business and redirect all the company's cash toward the creation of a cryptocurrency exchange platform. He boldly said that he doesn't care if the company lose $1 Million per month and he has an anonymous buyer for the e-commerce business. In America, we love bold and crazy, and the stock is up more than 23%.
Visit Overstock.com's Stock Card now
Loser: L Brands (Ticker: LB), down more than 17%!
The millennials are killing many iconic brands. The recent victim of theirs is Victoria Secret. The company has been investing heavily in its stores, but it does not see much interest. The sexy angels wearing push-up bras were captivating the minds of young women (and, men) for years, but this new generation is not into it anymore. The rise of the athleisure category is costing L Brands. Women prefer comfort! The L Brands' products remind people of the old Victorian-era corset that deprive women of oxygen. Nowadays, the younger kiddos prefer breathing, I guess!
Visit L Brands' Stock Card now
A new look for our Advance Filters
What is your go-to ‘Advance Filter' on Stock Card? We just gave our Advance Filter a new look and added more filter options. We use them quite often. Our go-to filter is the combination of “growing market" and "strong operations" that have just got "updated” due to quarterly earnings. Usually, we end up with new stocks to add to our watchlist. Find your go-to filter now (exclusive to premium members):
How To Invest YouTube episode
This episode is about how to diversify your long-term portfolio. The reason you need more than one type of investment and company in your portfolio is very simple! Despite all the stock picking effort and research you may have done, there is always a chance that the results don't pan out the way you have hoped for. No one can predict when a specific stock or group of companies may go up or down. You need to diversify to make sure if one investment gets hit, you don't get hit financially and you have other investments to fall back on. This episode is about four ways you can diversify your portfolio that make sense.
Stock Card request of the week
One of the new Stock Cards we have published in the recent weeks and it has piqued our interest is Illumina (Ticker: ILMN). The company makes the machines and tools that analyze genetic data. It has been in business since 1998 and has grown significantly since then. It has recently received the regulatory approval for its first next-generation sequencing (NGS) system and it got cleared by the National Medical Products Administration (NMPA) in China. This opens a large market for the company's products. The company’s Stock Card has been one of the most visited Stock Card by our users. You might want to have a look at it too. Just remember that publishing a new Stock Card for our premium members does not automatically mean we are investing in it. We may have a formal recommendation for or against this company.
That's it for this edition! Happy Weekend, folks! Don't forget to share this blog post with your friends if you find it helpful, and connect with us to share your thoughts and ideas!