Trade Setup for Monday – 8th Feb
NYSE stock exchange is expected to reach new heights as the market is opening today after two days off. Also, the market is continuously gaining for the last 5 days.
Market closes on $15,069.60 with a gain of +94.17 (0.63%).
3M Company (MMM):
MMM Company is a good investment place as they are increasing their dividends from the previous 62 years.
They recently announced their quarterly dividend of $1.48 per share for the first quarter of 2021.
3M Company is giving the highest dividends to their shareholders from last 25 years in S&P 500.
Jim Fitterling is the new entry on 3M’s board and he is the CEO of Dow Inc.
Starbucks Corporation (SBUX):
Starbucks stock prices seem growing from the recent week. But before this last week, SBUX starts going down.
Now TATA Starbucks opens two new stores in Madhya Pradesh (India).
Earlier Starbucks market closes at $106.48 with a gain of +$2.84.
Netflix Inc. (NFLX):
Netflix shares are still a risky investment sector as they are continuously moving up and very down from the last 6 months’ trade.
Also recently Netflix raises their prices for Japanese Customers. The increased basis plan price is 990 yen and earlier it was 880 yen.
And the increases 170 yen for next plan which enables two screens at one time costs now 1490 yen.
On Friday, Netflix closes at $550.79 with a loss of – $1.37 from opening.
Yesterday Netflix announces Barack and Michelle Obama’s Higher Ground Productions. They are collaborating with 6 new projects in this production. There are various films and series on the different genres in the model.
- Exit West
- The Young Wife
- Firekeeper’s daughter
- Great National park
PayPal Holding, Inc. (PYPL):
Paypal shares are boosting with a rapid speed and on Friday’s closing bell, PayPal was closed at $269.44 with a loss of – $0.99 from the opening bell.
Facebook, Inc. (FB):
Facebook stock trading is quite profitable for intraday traders. But if you are planning to cash and carry FB stocks then you should think again before investing here.
Recently Tiktok is planning to enter E-Commerce in the US and now they will take on Facebook. So, this will take a huge impact on Facebook stock prices.