Small-Cap Biotech Stocks Soar on Coronavirus Speculation

Coronavirus speculators have been scooping up shares of small-cap and thinly traded biotechnology companies at a furious pace, lifting these undercapitalized issues into vertical uptrends. Many of these stocks have jumped more than 40% in the past few weeks, while a select few have doubled or tripled in price. While most or all will fail…

Home Depot Stock Reaches High but Slumps on Coronavirus

Home improvement giant The Home Depot, Inc. (HD) reported better-than-expected earnings on Feb. 25. The stock rebounded at the open but stayed below its all-time intraday high of $247.36 set on Feb.21. At the high, this component of the Dow Jones Industrial Average stayed shy of its annual risky level at $249.87, which was a…

Adjusted Funds From Operations (AFFO): Definition and Calculation

What Are Adjusted Funds From Operations—AFFO? Adjusted funds from operations (AFFO) refers to the financial performance measure primarily used in the analysis of real estate investment trusts (REITs). The AFFO of a REIT, though subject to varying methods of computation, is generally equal to the trust’s funds from operations (FFO) with adjustments made for recurring…

NASDAQ Global Select Market Composite Definition

What Is the NASDAQ Global Select Market Composite? The NASDAQ Global Select Market Composite is a market capitalization-weighted index made up of U.S.-based and international stocks that represent the NASDAQ Global Select Market. As of August 2020, the NASDAQ Global Select Market Composite consisted of more than 1,400 stocks that meet Nasdaq’s strict financial and…

Commonly Asked Questions During a Portfolio Management Job Interview

A portfolio manager is a person who is responsible for making investment decisions using money that other investors place under his control. A portfolio manager implements his or her strategy on behalf of investors and manages the day-to-day operations of portfolio trading. If you want to pursue a career as a portfolio manager, there are…