Nio (NYSE:NIO) stock has been the rising star of the Chinese electric vehicle market. In the past year, NIO stock is up more than 230%, and more than 1,500% since the pandemic lows. Source: xiaorui / Shutterstock.com It is hard to argue with that kind of a stellar performance. Yet so far in 2021, NIO
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Activision Blizzard (NASDAQ:ATVI) stock tumbled hard recently after details of an investigation and subsequent lawsuit by the State of California revealed an allegedly misogynistic company culture. Since then, ATVI stock has been on a whacky rollercoaster ride (down over 10% in the past month). Now, many Activision Blizzard investors are questioning the company’s longer-term prospects
In July 2020, I suggested that investors dump United Airlines (NASDAQ:UAL) stock and buy Apple (NASDAQ:AAPL) instead. Source: travelview / Shutterstock.com As an alternative to UAL stock, I advocated buying shares in the U.S. Global Jets ETF (NYSEARCA:JETS) to play the airlines better. Thirteen months later, the airline industry appears to be coming out of
Fabless chipmaker Nvidia (NASDAQ:NVDA) earned its reputation by pioneering graphics processing units (GPUs), which made video games more realistic. And over time, NVDA stock has posted astounding gains. Source: Allmy / Shutterstock.com As we’ll see, those gains might be too much, too fast. The run-up in share price over the past few months has been astounding,
Is Peloton (NASDAQ:PTON) a fad pushed artificially higher by the pandemic, or a trend that’s just taking off? That’s the question investors have been asking about PTON stock for quite some time. The company, which operates a fitness platform for live and on-demand indoor cycling classes, received an obvious boost as the pandemic shuttered gyms.
Cloud computing plays remain hot. But it’s only been this year that Oracle (NYSE:ORCL) stock has joined their ranks. Back in 2020, when cloud names like Microsoft (NASDAQ:MSFT) were zooming higher, shares in this enterprise software giant saw more gradual gains. Mainly, due to it facing more challenges than windfalls from the Covid-19 pandemic. Source:
The spread of Covid-19’s Delta variant may be turning more eyes back on Novavax (NASDAQ:NVAX) stock. But with the exception of a moderate pop in early June and a rally recently that quickly faded, this development hasn’t done much to renew excitement for the shares of the vaccine maker. Source: Ascannio/Shutterstock.com At first glance, this
Nvidia Corporation (NASDAQ:NVDA) shares have seen a three-week run after a steep decline in mid-July. Can NVDA stock keep it up? There is some concern that it will stumble before the year is out. In fact, many investment analysts have 12-month price targets that reflect a small downside for shareholders compared to current prices. Source: michelmond
Shares in online electronics retailer Newegg Commerce Inc (NASDAQ:NEGG) were big movers on Wednesday and not in a good way. After a promising start that saw NEGG stock off to a quick gain, things quickly went downhill. By the time trading had closed for the day, shares were at $16.81, for an 8.2% loss on the
By-and-large, meme stocks have moved lower last month. But Exela Technologies (NASDAQ:XELA) stock was one that bucked the trend. Source: shutterstock.com/Luca Lorenzelli Shares in the business process automation provider are no stranger to rallies fueled by Reddit’s r/WallStreetBets community. Before its short-lived July run-up, it experienced a similar brief period of off-the-charts enthusiasm back in
Like many others who followed the Reddit-fueled surge in GameStop (NYSE:GME) stock, I was taken aback by the initial price action. Source: Shutterstock / mundissima A down-on-its-luck stock appreciating many times over is not something you see every day, but now that it’s been a few months since the phenomenon started, it is more astounding
Ashford Hospitality Trust (NYSE:AHT) is a real estate investment trust (REIT) that owns full-service upscale and upper-upscale hotel properties in the U.S. AHT stock opened on August 3 at $15.35. Source: Shutterstock All of its hotels are located across the U.S. and operate under brands including Marriott, Hilton, Hyatt, Crowne Plaza, Sheraton and others. Ashford
Investors in Oracle Corporation (NYSE:ORCL) — at least, those who came on board after 2002 — have been a pretty happy lot. When the dotcom bubble burst in 2000, ORCL stock was hammered. In just two years, investors saw their holdings drop in value by more than 80%. However, since 2002, Oracle shares have been
Everybody wants to find the next big runner, but it’s not always the stock you’d probably expect it to be. Case in point would be Carver Bancorp (NASDAQ:CARV), as CARV stock wasn’t heavily traded or talked about until recently. Source: Pavel Kapysh/Shutterstock.com I’ve proudly profiled Carver Bancorp before. It’s a financial institution with a rich history
Once considered a laggard company in the world of technology, Oracle (NYSE:ORCL) stock has made a comeback as one of the best-performing tech names of 2021. Source: Jonathan Weiss / Shutterstock.com It was the original champion of database technology. Now Oracle is becoming an emerging force in both backend infrastructure technologies and software-as-a-service (SaaS). In other
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) just reported stellar second-quarter results, in terms of both revenue and earnings. But even more importantly, its free cash flow (FCF) grew substantially, both in absolute numbers and FCF margins. As a result, I believe that GOOG stock is now worth at least 30% more or $3,554 per share. This article will
As SoFi Technologies (NASDAQ:SOFI) stock falls back to around $15 per share, is now the time to buy? Not really. Over a long enough timeframe, entering a position in the fintech company’s shares right now could end up being a highly profitable move. Source: rafapress / Shutterstock.com Assuming of course, that it becomes the next
Short squeezes have been all the rage on Wall Street in 2021. But even with its massive short interest, traders shouldn’t expect a short squeeze from Tesla (NASDAQ:TSLA) stock anytime soon. Source: Grisha Bruev / Shutterstock.com GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) are just two examples of stocks that skyrocketed this year thanks to short
Skillz (NYSE:SKLZ) stock has been attempting to recover since May. Some investors dove in because it was a short-squeeze stock. Others bought it for its still-strong growth prospects. But in the past few weeks, SKLZ stock has pulled back once again. Source: Rawpixel.com/Shutterstock.com The latest round of “meme stock madness” has dissipated, and Reddit traders
It’s finally happening. Shareholders approved the long-awaited merger between Churchill Capital and Lucid (NASDAQ:LCID) on Friday. This was the last roadblock to making the deal a reality. As such, as of Monday, CCIV stock has converted into LCID stock. The company is known as Lucid Group and trades on the Nasdaq. Source: T. Schneider / Shutterstock.com The
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