People exposed to fake news during the already uncertain COVID-19 era are simultaneously compelled to treat themselves and to try to save money, according to new research from CU Boulder and the University of New Hampshire.
The findings are published in an upcoming edition of the Journal of the Association for Consumer Research.
Participants exposed to fake news said they felt more uncertainty about their lives. The researchers found this effect was compounded by the pandemic. It even occurred when researchers reminded participants that fake news exists.
The researchers then asked participants a series of questions about making hypothetical choices between premium or cost-effective food and grocery products.
“The finding that surprised us is that this uncertainty can cause people to feel a joint desire to save their money for a murky future and also to spend a little bit to make themselves feel better about
Cheap stocks are often cheap because of poor financial performance. But sometimes savvy investors can find diamonds in the rough that can bounce back from past challenges. Ford Motor(NYSE:F) and Walt Disney(NYSE:DIS) are two dirt cheap stocks that enjoy compelling catalysts for long-term success. Let’s dig a little deeper to find out why both companies could make great additions to your portfolio.
Image Source: Getty Images.
Ford Motor: A more profitable lineup
With a market cap of just under $29 billion compared to 12-month revenue of $118.61 billion, Ford has a price-to-sales (P/S) multiple of 0.24 — lower than fellow automakers General Motors and Tesla, at 0.4 and 16.56, respectively. Ford generates a lot of revenue, but its low top-line valuation makes sense. Sales don’t mean much if they don’t lead to sustainable profits. That’s why the company is working hard to boost its margins by improving
It’s been a tough year for International Consolidated Airlines Group (LSE: IAG). Being part of the aviation industry, it has seen consumer demand fall through the floor since the end of Q1. Even with some national lockdown restrictions lifted, reports show that demand for air travel is nowhere near where it needs to be for airlines to be optimistic. As a result, the IAG share price sits below 100p, having started the year above 250p.
In the latest development, the boss of British Airways (owned by IAG) is leaving with immediate effect. Alex Cruz’s departure follows Willie Walsh announcing he’s stepping down as head of the group shortly. The IAG share price has been choppy in the aftermath of the Cruz news, with it closing down 4% yesterday.
A share price reflecting reality
In a perfect world, the share price of a firm would reflect all public and private information
Dividend income can be a great way to boost your portfolio’s value over the long term. Amid a recession, it can also be valuable source of cash flow at a time when returns may not be so strong. And in good times, it can pad your total returns.
Amgen (NASDAQ: AMGN) and Kroger (NYSE: KR) are two companies with shares currently selling at fair prices and that pay better than the 2% yield you can expect from the average S&P 500 stock. Let’s take a closer look at why investors should consider scooping up their shares today.
Major retailers aren’t about to hand over all the shopping traffic to Amazon, just because it’s Prime Day. For instance, Newegg is embarking on the second round of its Fantastech Sale (between us though, this is pretty much a Prime Day deal, just by another name). Which is great news if you’re a gamer. Right now, you can get a whopping
on an Asus ROG Strix G 15.6 gaming Laptop. It’s only $900, down from its original price of $1,300. Game on!
What’s on offer is a powerful, versatile, upgradeable gaming laptop. ROG, one of the dominant names in the es-ports business, introduced the Strix to help gamers dominate in their field. This is a reliably kickass machine for every kind of gamer. And it looks great too.
ASUS really kicked up the design of this laptop. There aren’t many sleeker gaming laptops out there, but
The hotline, run by Crimestoppers, allows the public to leave anonymous tips about suspected fraud linked to the government’s emergency Covid loan and grant schemes for UK businesses. That could include identity theft to obtain loans, false grant claims and the use of so-called mule bank accounts to cover the tracks of money launderers.
The government has been criticised for failing to act on warnings about potential fraud linked to the bounce-back loans scheme (BBLS), which was designed to distribute cheap loans quickly of up to £50,000 to small businesses.
Cineworld Group (LSE: CINE) has suffered more than most companies in the FTSE 250 since the Covid-19 crisis hit. The Cineworld share price has lost 87% of its value since the start of the year, while the index itself is down only 18%.
The company’s plight has been brought to our attention again since the second wave of Covid-19 infections has been sweeping across the UK. This time, all of the UK’s Cineworld cinemas were closed in early October. But Cineworld is one of the world’s largest cinema operators. And late last year it was all set to buy out Canadian rival Cineplex in a $1.3bn deal. So there must be a recovery investment opportunity here, mustn’t there? Well, if you see
Headquartered in Buffalo, New York, M&T Bank Corporation (MTB) is a $140 billion asset holding company and parent to M&T Bank. MTB has offices located throughout the Northeastern United States. Specifically, the bank has 785 branches located in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and a few other states.
While MTB is more of your classical “loans and deposits” type community banks, relative to super regional peers, it does have a strong wealth management presence associated with its Wilmington Trust business. While most other banks focus on growth first, I believe MTB is more focused on sound credit quality above all else. As one can see from the charts below (under “Credit Analysis”), the bank did quite well during the last recession in terms of credit pain.
As one can see from the valuation chart below, the current valuation (in terms of Price to Tangible
Cross-related business trends of one company often help other companies in their food chain. This definitely can be true in the world of retail and apparel, particularly in an age in which the retail apocalypse seems to have been sped up by years thanks to COVID-19.
According to BofA Securities, Foot Locker Inc. (NYSE: FL) should see its recovery continue. The firm raised its rating in a two-notch upgrade to Buy from Underperform and it lifted its price objective to $50 from $20. If the firm’s Robert F. Ohmes and Alexander Perry are correct, then Foot Locker just went from having over 40% potential downside to having almost 35% in potential total return upside, if its dividend is included.
Razer controllers are some of the best in the non-official business. They offer their own superb range of extras and features and can offer greater versatility as a result. And the good news is that if you’ve been after one of Razer’s Xbox controllers – then the Amazon Prime Day gaming deals are here to help you out!
The headline of the day is Razer Wolverine Ultimate pro controller for Xbox One. It’s been heavily reduced, dropping from $160 to $119.99. That’s a steal for the best third-party controller on the system. It offers extra buttons and interchangeable thumbsticks/d-pads so you can make it as responsive as possible, giving you an advantage in the likes of Call of Duty: Warzone.