Ritesh Anan

Karnātaka

Writer at Invezz

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invezz.com

Articles

Is Vale SA's stock finally ready for takeoff?

Apr 18, 2024 | invezz.com | Ritesh Anan

After a prolonged period of decline since June 2021, shares of Vale SA (NYSE: VALE) may be poised for a comeback. The mining giant has faced significant challenges, with the drop in iron ore prices being a major contributing factor. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Further exacerbating the situation is the sluggish demand in China, the world’s largest consumer of iron ore and Vale’s primary export market.
Pfizer's 15-month fall: Will the stock ever recover?

Apr 12, 2024 | invezz.com | Ritesh Anan

Pfizer's stock faced significant decline due to financial woes. Some analysts foresee potential upside amidst positive signs. Charts suggest limited downside from here within defined range. Follow Invezz on Telegram, Twitter, and Google News for instant updates > Pfizer Inc (NYSE:PFE) has been one of the worst-performing large-cap stocks over the last two years.
Datadog's resurgence: Can the stock rebound to its previous highs?

Apr 10, 2024 | invezz.com | Ritesh Anan

Datadog Inc (NASDAQ: DDOG) made a highly anticipated debut in the IPO market back in 2019, standing out as a leader in cloud infrastructure monitoring services. Its listing on the Nasdaq on September 19, 2019, marked a significant milestone for the company. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.
Starbucks stock: A new low or a turning point?

Apr 9, 2024 | invezz.com | Ritesh Anan

If you’re an investor in Starbucks Corporation (NASDAQ:SBUX) and have been disheartened by the stock’s continuous decline, it’s important to keep two things in mind. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. First, Starbucks has a long-term track record of success. Since 1993, the company has generated over 20,000% in returns for its shareholders, including dividends.
AMD's $160-170 nexus: Balancing act?

Apr 9, 2024 | invezz.com | Ritesh Anan

Fuelled by an AI-theme-driven rally Advanced Micro Devices, Inc. (NASDAQ: AMD)’s stock more than doubled between November 2023 and early March this year, making an all-time high of $227.4. However, the stock has quickly retraced and given most of those gains as it now trades near the $160-170 zone. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.
Has Medical Properties Trust finally bottomed out?

Mar 28, 2024 | invezz.com | Ritesh Anan

Shares of Medical Properties Trust, Inc. (NYSE: MPW) surged over 18% by the close of trading on Wednesday, driven by breaking news regarding its primary tenant, Steward Health Care. Steward Health Care has reached an agreement to sell its physician network to Optum Care, a subsidiary of UnitedHealth (NYSE: UNH). MPW’s stock has fallen dramatically in recent quarters due to challenges with its largest tenant, Steward Health Care, which contributes more than 20% of MPW’s annual revenue.
Meta's $500 dilemma: Charting the course forward

Mar 27, 2024 | invezz.com | Ritesh Anan

For more than a year now, a group of seven stocks called the Magnificent 7, have been stealing the spotlight in the stock markets. These stocks, namely Apple, Alphabet (Google’s parent company), Amazon, Meta (formerly Facebook), Microsoft, Nvidia, and Tesla, have been performing exceptionally well. In the year 2023 alone, they collectively returned a whopping 106%, making the 24% gains of the S&P 500 seem small in comparison.
Thirsty for returns? Consider Xylem and Primo Water

Mar 26, 2024 | invezz.com | Ritesh Anan

Global water scarcity fuels conflicts, expected to worsen with increasing stress. 2.2 billion lack safe drinking water; 3.5 billion lack sanitation. Xylem and Primo Water: 2 stocks showing bullish trend currently.
Taking stock of Microstrategy: Is now the time to sell?

Mar 26, 2024 | invezz.com | Ritesh Anan

MSTR surged with Bitcoin in 2021 but declined sharply. After trading within a range, a new bull run began in October 2023. Indicators suggest MSTR's upward trend may continue. Follow Invezz on Telegram, Twitter, and Google News for instant updates > Shares of MicroStrategy Incorporated (NASDAQ:MSTR) made fresh all-time highs on Monday as they surpassed the crucial short-term resistance near $1,800 level and ended the day up 21.86% at $1,856.