Top 4 Undervalued Stocks for 2024

Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Lottery bids for skilled-worker visas plunge in the US after changes aimed at fraud and abuse

ELLIOT SPAGAT
April 30, 2024

SAN DIEGO (AP) -- Lottery bids for highly educated worker visas plunged nearly 40% this year, authorities said Tuesday, claiming success against people who were "gaming the system" by submitting multiple, sometimes dubious, applications to unfairly increase chances of being selected.

Major technology companies that use H-1B visas sought changes after massive increases in bids left their employees and prospective hires with slimmer chances of winning the random lottery. Facing what it acknowledged was likely fraud and abuse, U.S. Citizenship and Immigration Services this year said each employee had only one shot at the lottery, whether the person had one job offer or 50.

The government received 470,342 entries for this year's lottery, which was held the last week of March, down 38% from 758,994 entries last year. The number of workers who applied was little changed -- about 442,000 this year compared with 446,000 last year -- indicating a sharp drop in people who applied multiple times.

Bids tripled from 2021 to 2023 after the government said it would no longer require people to mail bulky paperwork to be eligible for the lottery, saying that time-consuming, expensive task could wait until they won one of up to 85,000 slots awarded annually. The only requirement was a $10 electronic registration fee, which eased barriers to participate but created an unintended opening for companies and employees to flood the agency with applications. USCIS said one person submitted bids for 83 job offers in 2022.

The drop in applications this year "indicates that there were far fewer attempts to gain an unfair advantage than in prior years," USCIS said in a note to companies, applicants and their representatives.

H-1B visas were created in 1990 for people with a bachelor's degree or higher in fields where jobs are deemed hard to fill, especially science, technology, engineering and math. Critics say they allow companies to pay lower wages with fewer labor protections.

Infosys, an Indian technology outsourcing company, was the top employer of people with H-1Bs in 2023. Amazon, Microsoft, Apple, Meta and Google were in the top 10.

U.S. college graduates can work for three years under an Optical Practical Training visa while they try for an H1-B visa. Because those applicants had steady jobs, they didn't need to submit more than one bid. But that left them at a disadvantage against those with several applications. Some left for work in Canada or Europe.

USCIS Director Ur Jaddou said the agency rushed to overhaul the lottery to ensure each worker had "only one ticket in the hat," deciding the change couldn't wait another year. USCIS found some companies working together to submit bids for the same applicants.

"We want to make sure that it's in the hands of people who are going to use it and help the nation, and we realized that the gaming of the system was not helpful for anybody," Jaddou said at a public event in March at the South by Southwest festival in Austin, Texas.

Many technology companies and business groups had pressed for the immediate change. Intel Corp. said in October its winning rate "steadily plummeted, hampering efforts to expand semiconductor design and manufacturing efforts in the United States."

"A system meant to help administer the H1B lottery process has instead become a source of frustration and disappointment," the chipmaker wrote to USCIS.

H-1B critics generally welcomed the changes but called them insufficient.

The AFL-CIO wrote USCIS that changing this year's lottery "includes some steps in the right direction, but falls well short of the comprehensive reforms that are needed." Like other critics, the labor group wants visas awarded to companies that pay the highest wages instead of by random lottery, a change that Donald Trump sought while in the White House.

Continue Reading...

Popular

Earn Instant Cash Flow (using THIS tactic) - Ad

Can you imagine earning $1,118,721/hr? That's what greedy Wall Street elites have been pocketing for 22 straight years. And now it's available to you.

Australia Calls For Inquiry Into Meta's Facebook, Elon Musk's X, TikTok To 'Make These Platforms Accountable For Their Decisions'

The Australian government has expressed concerns over the lack of regulation and oversight on social media platforms, which have a significant impact on the content viewed by Australians. The inquiry will specifically focus on the platforms' handling of violent content and their withdrawal from paying for news in Australia.

Top 4 Health Care Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Elon Musk Issues Stark Warning Amid Rising National Debt: '...The Dollar Will Be Worth Nothing'

Elon Musk has voiced concerns about the future stability of the U.S. dollar, highlighting the escalating national debt as a potential catalyst for a looming economic crisis.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice

Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. 

Hope Hicks Testifies On Trump's Ex-Lawyer Michael Cohen's 'Mr. Fix It' Moniker: 'Only Because He Broke It First'

The criminal trial against Donald Trump saw former Trump aide Hope Hicks take the stand Friday and discuss Michael Cohen and the "Access Hollywood" tape.

Breaking News: Elon Musk Invents New Type of A.I. - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.... Mining new millionaires in the process.

Virgin Galactic Reports Better-Than-Expected Q1 Results

Virgin Galactic reported quarterly losses of 25 cents per share which beat the analyst consensus estimate of losses of 29 cents by 13.79%.

What's Going On With Nvidia Stock?

Taiwan Semiconductor said its sales were up 60% in April to $7.3 billion, driven by ongoing demand for artificial intelligence and signs of recovery in consumer electronics. TSMC is the exclusive producer of Nvidia's most advanced training chips and is projected to boost sales by about a third this quarter, primarily fueled by the relentless demand for AI semiconductors.

America Just Hit a Grim Milestone - Ad

Nearly half of U.S. households currently hold no retirement savings. Retirement expert Dr. David Eifrig says what happens next will separate a small number of winners from a very large number of losers. Learn how to protect yourself and your money with his four simple steps that he shares right here.

Katy Perry and Rihanna didn't attend the Met Gala. But AI-generated images still fooled fans

NEW YORK (AP) — No, and didn't attend the this year. But that didn't stop AI-generated images from tricking some fans into thinking the stars made appearances on the steps of fashion's biggest night.

Once Vehicles For Republican Presidents To Connect With Southern Whites, Motor Sports Are Shifting Away From Trump

The fading sway of Trump in motor sports suggests the breakup of the conservative-racing connection, as shown by recent developments at the Miami Grand Prix.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Investing guru Warren Buffett draws thousands, but Charlie Munger's zingers will be missed

OMAHA, Neb. (AP) — Tens of thousands of investors are expected to once again descend on an Omaha, Nebraska, arena Saturday to vacuum up tidbits of wisdom from billionaire Warren Buffett. But a key ingredient will be missing from his annual Berkshire Hathaway : It's the first since Vice Chairman Charlie Munger .

BREAKING: New "Formula" Could Lead to Huge AI Payouts - Ad

Investors - including multiple billionaires - are now tapping into a unique AI secret to pocket huge, consistent payouts. Starting today, you could siphon a new stream of income from this $3 billion pool of cash.

Theft of more than 400 vehicles in Michigan leads to the arrest of 6 men

LANSING, Mich. (AP) — Six men working as part of a criminal organization in Michigan have been arrested in connection with the theft of more than 400 vehicles worth about $8 million, authorities said Thursday.

Three groups are suing New Jersey to block an offshore wind farm

LONG BEACH TOWNSHIP, N.J. (AP) — Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island.

Uranium Prices Soar 74% in 6 Months! The Uranium Bull Market Is Here to Stay! - Ad

In December 2023, 22 countries pledged to 3X their nuclear capacity. Sending these uranium stocks into a frenzy. Here's 1 uranium miner that exploration records show is sitting on 2.4 million pounds of uranium.

Troubled EV Maker Fisker Said To Shut Down California HQ And Relocate Some Staff As Bankruptcy Clock Ticks

Some employees at the Manhattan Beach office have been informed of the relocation and have been asked to prepare for the move by collecting their belongings.

Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion

Curaleaf Holdings, Inc. (OTC: CURLF), a leading international cannabis company, reported its financial results for the first quarter of 2024.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Nonprofit Chicago production house Invisible Institute wins 2 Pulitzer Prizes

CHICAGO (AP) — A nonprofit Chicago journalism production company dedicated to holding public institutions accountable won two for local and audio reporting on Monday.

Your tax refund could be bigger this year. Here's what to do with it

NEW YORK (AP) — The average taxpayer is getting a $2,852 refund, $75 more than last year, based on the most recent IRS data. So what should you ?

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Big Players In U.S. Cannabis Could Play The Stock-Value Card In M&A, New Report Shows

As the cannabis industry adapts to its new regulatory environment following the DEA's announcement it would move to 

Disney receives key approval to expand Southern California theme parks

ANAHEIM, Calif. (AP) — Disney has received a key approval to expand its Southern California theme parks in its first push to make major changes to its iconic Disneyland in decades.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

Why Sprout Social Shares Got Crushed Friday

Shares of Sprout Social fell Friday after reporting first-quarter financial results Thursday and sharing Q2 guidance.Cloud software company Sprout Social (NASDAQ:SPT) saw shared fell 40% Friday after reporting first-quarter financial results Thursday.

Bystander livestreams during Charlotte standoff show an ever-growing appetite for social media video

CHARLOTTE, N.C. (AP) — Saing Chhoeun was locked out of his Charlotte, North Carolina, home on Monday as law enforcement with high-powered rifles descended into his yard and garage, using a car as a shield as they were from the direction of his neighbor's house.

Central Banks Buying Gold in Record Numbers - Ad

Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).

Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there

LONDON (AP) — Thousands of ride-or-die fans who on her U.S. concert tour last year or didn't want to buy exorbitantly priced tickets to see her again found an out-of-the-way solution: Fly to Europe.

Mystery of the Rich and Connected Revealed - Ad

Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.

California is testing new generative AI tools. Here's what to know

SACRAMENTO, Calif. (AP) — Generative artificial intelligence tools will soon be used by California's government.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service