Investing Takeaways You May Have Missed
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It wasn’t too long ago that energy stocks were some of the market’s highest fliers. The Energy Select Sector SPDR ETF (XLE) bottomed in March 2020, not long after pandemic-related shutdowns began, and more than tripled by early June 2022 — a 280% surge higher in just over two years. That all changed, with XLE down about 10% since last June. But something in the energy sector just popped up onto Jason Bodner’s radar…
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The pent-up demand for travel sent cruise stocks soaring over the last year. Like Royal Caribbean Cruises Ltd (RCL) up 166.07%… Norwegian Cruise Line Holdings Ltd (NCLH) up 77.25%… and Carnival Corp. (CCL) up 68.67%. But data surrounding the cruise industry has our friends at LikeFolio starting to flip their bullish switch to bearish…
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Hasbro (HAS) turns 100 this year and has been a cultural icon that made memories for generations of Americans thanks to brand names like Monopoly, Twister, Transformers, Play-Doh, Nerf, Milton Bradley, Parker Bros, and G.I. Joe. But it’s a new age with new challenges for the $29 billion U.S. toy industry. Electronic devices are muscling aside the board games so many of us gathered our families around in our own youths. But despite the disruption, Hasbro is refusing to get left behind. It has adapted. And it has found a way to win…
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