
3 Undervalued Growth Stocks You Can Buy for Less Than $50!
Investors on a budget will appreciate this selection of undervalued stocks to buy.
*Stock prices used were the afternoon prices of May 28, 2025. The video was published on May 30, 2025.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Fiverr International. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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Globe and Mail
29 minutes ago
- Globe and Mail
Western New England Bancorp, Inc. Announces Completion of 2024 Repurchase Plan
WESTFIELD, Mass., June 03, 2025 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the 'Company' or 'WNEB') (NasdaqGS: WNEB), the holding company for Westfield Bank (the 'Bank'), announced that on May 30, 2025, the Company completed all repurchases under its existing stock repurchase plan (the '2024 Repurchase Plan') at an average price per share of $8.79. The 2024 Repurchase Plan authorized the Company to repurchase a total of 1.0 million shares of the Company's common stock, or approximately 4.6% of the Company's then-outstanding shares of common stock. The Board of Directors authorized the 2024 Repurchase Plan on May 21, 2024. On April 22, 2025, the Board of Directors of the Company authorized a new stock repurchase plan, pursuant to which the Company may repurchase up to 1.0 million shares, or approximately 4.8% of the Company's outstanding shares of common stock, upon the completion of the 2024 Repurchase Plan. James C. Hagan, President and Chief Executive Officer, commented, 'We are pleased to announce the completion of our 2024 Repurchase Plan. We believe that share repurchases are a prudent use of the Company's capital and demonstrate our commitment to effectively manage the Company's capital levels, while increasing total shareholder returns through stock repurchases as well as cash dividends.' The Company may repurchase shares from time to time in open market transactions or through privately negotiated transactions at the Company's discretion or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The amount, timing and nature of any share repurchases will be based on a variety of factors, including the trading price of the Company's common stock, applicable securities laws restrictions, regulatory limitations and market and economic factors. The repurchase program may be modified, suspended or discontinued at any time, at the Company's discretion. About Western New England Bancorp, Inc. Western New England Bancorp, Inc. is a Massachusetts-chartered stock holding company and the parent company of Westfield Bank, CSB Colts, Inc., Elm Street Securities Corporation, WFD Securities, Inc. and WB Real Estate Holdings, LLC. Western New England Bancorp, Inc. and its subsidiaries are headquartered in Westfield, Massachusetts and operate 25 banking offices throughout western Massachusetts and northern Connecticut. To learn more, visit our website at Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the Company's financial condition, liquidity, results of operations, future performance, and business. Forward-looking statements may be identified by the use of such words as 'believe,' 'expect,' 'anticipate,' 'should,' 'planned,' 'estimated,' and 'potential.' Examples of forward-looking statements include, but are not limited to, estimates with respect to our financial condition, results of operations and business that are subject to various factors which could cause actual results to differ materially from these estimates. Although we believe that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from the results discussed in these forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed under the caption 'Risk Factors' in Western New England Bancorp's Annual Report on Form 10-K for the year ended December 31, 2024 and in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. We do not undertake any obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except to the extent required by law.


Globe and Mail
29 minutes ago
- Globe and Mail
Stocks Finish Higher on Chip Stock Strength and Healthy US Labor Market
The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.79%. June E-mini S&P futures (ESM25) are up +0.58%, and June E-mini Nasdaq futures (NQM25) are up +0.81%. Stock indexes on Tuesday shook off early losses and rallied, with the S&P 500 posting a 3-month high, the Dow Jones Industrials posting a 2-week high, and the Nasdaq 100 posting a 3-1/4 month high. Strength in chip makers on Tuesday boosted technology stocks and supported gains in the broader market. Stocks extended their gains on signs of a healthy US labor market after the Apr JOLTS job openings report showed an unexpected increase in job listings. The upside in stocks was muted Tuesday after the OECD cut its 2025 global GDP forecast for the second time this year, citing trade barriers and uncertainty that are weighing on economic confidence. Also, the steeper-than-expected decline in US April factory orders was bearish for equity prices. In addition, the heightened trade tensions between the US and China continue to weigh on stock prices following China's Ministry of Commerce's accusation on Monday that the US had unilaterally introduced new discriminatory restrictions. US Apr factory orders fell -3.7% m/m, weaker than expectations of -3.2% m/m and the biggest decline in 15 months. US Apr JOLTS job openings unexpectedly rose +191,000 to 7.391 million, showing a stronger labor market than expectations of a decline to 7.100 million. Comments on Tuesday from Atlanta Fed President Bostic were slightly hawkish and negative for stocks and bonds when he said he's in no rush to cut interest rates as 'there's still a way to go in terms of progress on inflation.' 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On Friday, May nonfarm payrolls are expected to climb +125,000, and the May unemployment rate is expected to remain unchanged at 4.2%. Finally, May average hourly earnings are expected to rise +0.3% m/m and +3.7% y/y. Overseas stock markets on Tuesday settled mixed. The Euro Stoxx 50 closed up +0.38%. China's Shanghai Composite closed up +0.43%. Japan's Nikkei Stock 225 closed down -0.06%. Interest Rates September 10-year T-notes (ZNU2 5) Tuesday close down -0.5 of a tick. The 10-year T-note yield rose +1.8 bp to 4.458%. Sep T-notes on Tuesday gave up early gains and turned lower after the US Apr JOLTS job openings unexpectedly rose, a hawkish factor for Fed policy. Also, hawkish comments from Atlanta Fed President Bostic weighed on T-notes when he said he's in no rush to cut interest rates. In addition, Tuesday's rally in the S&P 500 to a 3-month high reduced safe-haven demand for T-notes. 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CTV News
35 minutes ago
- CTV News
Former celebrity lawyer Tom Girardi gets 7 years in prison for stealing millions from clients
LOS ANGELES — A federal judge sentenced disbarred celebrity lawyer Tom Girardi to seven years and three months in prison on Tuesday for embezzling tens of millions of dollars from his clients, including several with severe physical injuries and families of people killed in accidents. U.S. District Judge Josephine L. Staton also ordered Girardi, 86, to pay a US$35,000 fine and $2.3 million in restitution to former clients. A jury in August found him guilty of four counts of wire fraud, and he could have been sentenced to up to 80 years in prison. Girardi is the estranged husband of 'The Real Housewives of Beverly Hills' star Erika Jayne and appeared on the show himself dozens of times between 2015 and 2020. He was once among the most prominent lawyers in the nation, often representing victims of major disasters against powerful companies. One lawsuit against California's Pacific Gas and Electric utility led to a $333 million settlement and was portrayed in the 2000 Julia Roberts film 'Erin Brockovich.' But his law empire collapsed, and he was disbarred in California in 2022 over client thefts. Girardi has been diagnosed with Alzheimer's disease, and issues with his memory led another court to put him in a conservatorship under his brother. But on Monday, Staton ruled that he was mentally competent to be sentenced, just as she had previously found him mentally competent to stand trial. The judge had allowed him to remain free until his sentencing but ordered him to surrender to authorities by July 17. An email to Girardi's attorney seeking comment on the conviction was not immediately answered. Former clients who testified against Girardi at his trial included an Arizona woman whose husband was killed in a boat accident and victims who were burned in a 2010 gas pipeline explosion in San Bruno, south of San Francisco. Prosecutors played jurors voicemails in which Girardi gave a litany of false reasons money that a court had awarded could not be paid, including tax and debt obligations and judge authorizations. He frequently told them, 'Don't be mad at me.' Andrew Dalton, The Associated Press