If I Could Tell All Investors 1 Thing About Newsmax Stock, It Would Be This
Your bias influences how you view a story. Take Newsmax (NYSE: NMAX), for example.If you want to spin the cable-news company's stock performance in a negative light, you could focus on the fact that Newsmax shares are more than 90% below the high set earlier this year. On the other hand, if you prefer to view Newsmax in a positive light, you could emphasize that the stock is up more than 60% year to date.Both perspectives are correct, but neither provides the full story on its own. There's an important investing lesson to be learned from this, and Newsmax provides a great case study.Continue reading
Your bias influences how you view a story. Take Newsmax (NYSE: NMAX), for example.
If you want to spin the cable-news company's stock performance in a negative light, you could focus on the fact that Newsmax shares are more than 90% below the high set earlier this year. On the other hand, if you prefer to view Newsmax in a positive light, you could emphasize that the stock is up more than 60% year to date.
Both perspectives are correct, but neither provides the full story on its own. There's an important investing lesson to be learned from this, and Newsmax provides a great case study.
