Previous close | 34.48 |
Open | 35.21 |
Bid | 34.50 x 1200 |
Ask | 35.85 x 800 |
Day's range | 34.82 - 36.04 |
52-week range | 23.38 - 63.17 |
Volume | |
Avg. volume | 1,518,044 |
Market cap | 3.418B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Recent comments from Federal Reserve Chairman, Jerome Powell, highlighting the need for "faster tightening" of the money supply and for higher-than-expected interest rates in the coming months have further affected investor confidence. Investors can put as little as $100 in high-quality and fundamentally strong companies such as Bank of America (NYSE: BAC) or DigitalOcean (NYSE: DOCN) -- so long as the money isn't needed to cover expenses or contingencies -- to start building wealth now. Although the collapse of regional banks such as Silicon Valley Bank and Signature Bank has rocked financial markets, Bank of America may emerge a winner in these tumultuous times.
The technology sector is suffering from its worst stretch of stock market performance since the global financial crisis in 2008. The Nasdaq-100 index plunged 33% last year, and while it has bounced by 12% in the early innings of 2023, investors have continued to face immense volatility. For investors with both short-term and long-term horizons, there are growing opportunities in the cloud computing sector as the widespread adoption of those technologies by businesses continues.
Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?