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IBM Stock Review: Transforming to Become a Leader in Cloud Solutions

International Business Machines Corporation, or simply known to most as IBM (NYSE: IBM), has transformed its business in a way only a few corporations could imagine. The transformation is beginning to pay off as IBM’s latest earnings report hints the company is on track to continue expanding. The news has IBM stock investors excited about the company’s potential to develop into several high-growth industries.
On April 6, 2020, IBM appointed Arvind Krishna to become the company’s next CEO and leader for the future of the IBM brand. Krishna, former Senior Vice President for Cloud and Cognitive Software, played a pivotal role …read more […]

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What is a Journal Entry in Accounting?

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related to transactions of the business or organization. This provides an audit trail to look back at and analyze, to determine the financial position of an entity.
Because business transactions happen daily, it’s imperative to keep the journal up-to-date and accurate to real-time transactions. Problems within the journal or journal entries that don’t add up spell trouble for any company. Thankfully, journal entries create a paper trail and a system of record that makes …read more […]

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Lucid Motors Stock Prediction: Is Now The Time To Buy?

Before getting into the heart of this Lucid Motors stock prediction, there is some electrifying news to report. First off, Lucid Motors (Nasdaq: LCID) has been turning heads with its up-and-coming luxury electric vehicle, the Lucid Air. For now, the car is only available to reserve, but prototypes of the “Tesla killer” can be found in plenty of YouTube videos. Not only does the Lucid Air look great; it promises a range of more than 500 miles.

Before you get too excited, though, the Air is a high-end vehicle that will start at $69,900. That said, the first vehicle Tesla (Nsadaq: …read more […]

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3 Ocean Power Stocks to Hydro-Power Your Portfolio

The ocean is incredibly powerful. Have you ever got caught in a riptide? It can make even the strongest swimmers look like a floating log. Companies are now beginning to use the ocean’s power to generate significant amounts of energy. Investing in ocean power stocks can help investors gain exposure to this innovative renewable energy technology.
Ocean-generated electricity has endless potential for the companies that can capture it. Recently, the U.S Energy Information Administration noted the potential energy from U.S. coastline waves could reach 2.64 trillion KWh. In other words, 64% of the total U.S. electricity generated in 2019.
With the ability …read more […]