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The Meme Stock Trade Is Back With AMC Jumping 152% Since Monday

The meme trade is back for AMC Entertainment. The stock is up more than 18% at the time of writing, and is up more than 152% since Monday’s open. “The retail trader is at it again,” said Edward Moya, senior market analyst at Oanda. “AMC500k and AMCSqueeze were trending on Twitter yesterday and that momentum took the stock price above the end of January high that we saw during the peak of mem...

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Titan Machinery Inc (NASDAQ: TITN): Titan Machinery shares jumped as much as 26% yesterday after the company reported fiscal first quarter results. “The fiscal first quarter exceeded our expectations on all fronts with impressive operating leverage that showcases the earnings power of our efficient dealership network. On a consolidated basis, we drove a 26% increase in equipment ...

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SNDR’s value proposition could make it a useful investment in the Transportation industry

For the stock market, the last year and a half has marked a bit of divergence from that traditional model I just described, as investors have been anxious to look past the “pandemic effect” that forced many industries into clear recessionary conditions, and unemployment to spike to historically high levels not seen in decades. That has pushed a lot of industries significantly higher, to levels that a value-oriented analyst like myself can only consider as being overpriced. In cyclical ind...

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Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It laun...

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