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Is Newsmax Stock a Buy Now?
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
Newsmax ( NMAX -2.88%) stock got hit with a double-digit sell-off last month despite a bullish backdrop for the broader market trading. The company's share price fell 12.2% across July's trading.
Financial losses and legal issues make Newsmax a risky investment.
Now, it’s worth noting Stock Advisor’s total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500.
That's why Newsmax stock now trades at about $14, with a market cap of $1.3 billion. But even after that 94% plunge, it still isn't a bargain because it trades at 7.5 times last year's sales.
Now, it’s worth noting Stock Advisor’s total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500.
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Now, it’s worth noting Stock Advisor’s total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500.
Detailed price information for Serve Robotics Inc (SERV-Q) from The Globe and Mail including charting and trades.
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