When searching for great stocks to buy, investors often have to choose between dividend income and stock price appreciation through growth. For these investors, 2022 has created a somewhat unique situation where they have a better chance of finding both in one stock. The stock market's swoon in 2022 has pushed dividend yields on several quality stocks higher, especially among a select group of beaten-down tech stocks. Read More...
Motley Fool
Why Snowflake, Datadog, and MongoDB Fell Today
Shares of enterprise software giants Snowflake (NYSE: SNOW), Datadog (NASDAQ: DDOG), and MongoDB (NASDAQ: MDB) were plunging on Monday, down by 8.7%, 6.4%, and 9.4%, respectively, as of 3:06 p.m. ET. There wasn’t much company-specific news today, although Snowflake reported earnings last week, and MongoDB will report tomorrow. Friday’s strong jobs and wages report, combined with today’s stronger-than-expected services Purchasing Managers’ Index (PMI) reading, showed the economy may be stronger than generally thought — surprising, especially since recent financial results and guidance in the software industry have been less than stellar.
