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Trading Ideas

Renewable Energy Stocks to Invest In – The Future of Clean Energy

Renewable energy stocks have had quite the year so far already. With U.S. President Biden announcing his commitment to reducing greenhouse gas emissions and his investment in the clean energy sector, investors are piling into renewable energy investments.
In a statement released this month from the U.S Department of Energy, the agency noted that clean energy sources, such as solar power, are rapidly becoming the fastest-growing source of new electricity generation in the U.S.
Not only is it the fastest-growing energy source right now, but it’s also expected to accelerate as more funds are being invested into the technology. And the installation …read more […]

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What is a Fiscal Year vs. Calendar Year?

Ask someone to define a year and they’ll probably say January 1 to December 31. That’s correct of course—but it’s not the only correct definition. January to December represents a calendar year: the 12-month span we use for most aspects of our lives. Ask a company accountant or a Chief Financial Officer and you might get a different 12-month answer—something like July to June. This is the fiscal year for that company.
There’s a big difference between calendar year and fiscal year in the business world. It’s important to delineate which one the company adheres to when it comes to reporting …read more […]

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Home Depot Stock Forecast and Price Movements

Since 1978, Home Depot (NYSE: HD) has been helping building professionals. It’s also helping “do-it-yourselfers” get access to the supplies they need for their construction projects. With about 40,000 products total, Home Depot is a paradise for homeowners across the country. And with the recent runup in housing, now is a good time for a Home Depot stock forecast.
Home Depot is America’s 4th-largest retailer with over 2,000 locations in North America. In fiscal year 2021 it recorded sales of over $120 billion. Its typical customer tends to visit about 13 times per year and spend $978 annually.
These numbers are part …read more […]