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With shares down more than half from an all-time high of $248 reached in 2022, Dollar General (NYSE: DG) is a fallen star that has caught the attention of value-hungry investors. Challenges like pandemic-era inflation wreaked havoc on its low-cost business model, ceding ground to larger retailers like Walmart. However, now the tables could be…
A new product rollout is always an attention-grabbing piece of news in the corporate world, and that goes double for businesses involved with artificial intelligence (AI). On Tuesday, specialty chip maker Broadcom (NASDAQ: AVGO) announced it began shipping an advanced networking chip. Investors greeted this by pushing the company’s stock up by more than 3%…
Citigroup (NYSE: C) is one of the best-known banks in the United States and probably the world. But it doesn’t have the best history when it comes to dealing with adversity, given its less-than-impressive performance during the Great Recession. Even though it is a much different company today than it was back then, investors can…
Ripple’s XRP (CRYPTO: XRP) has had a momentous six months, soaring almost 350% since November. What’s more, Standard Chartered thinks it can go even higher. Analyst Geoffrey Kendrick predicts that Ripple will reach $12.50 by the end of 2028 — that’s about a 450% upside from today’s price. In the near term, Kendrick thinks XRP…
The banking industry is ripe for consolidation. Although there were more than 4,500 banks in the U.S., as of last year, four, in particular, collectively control trillions in assets: JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. While smaller banks will keep gobbling each other up and merging to obtain scale, this could also…
