Over the trailing one-month period, Li Auto (NASDAQ:LI) stock is up more than 22%. Source: Carrie Fereday / Shutterstock.com It turns out that despite the many challenges that the global economy faces from the lingering impact of the novel coronavirus pandemic, the electric vehicle sector continues to hum. The Chinese EV segment has really come
Stock Market
After a long holiday weekend, it’s business as usual for the most evangelical of Churchill Capital Corp IV (NYSE:CCIV) shareholders. With the Lucid Motors merger just two weeks away, “Lucid Nation” is buzzing with anticipation. If you missed the boat on Tesla (NASDAQ:TSLA), Lucid Motors — and CCIV stock — is apparently the second coming.
Short and fast, it was good while it lasted. That’s what the tombstone for the so-called “inflation trade” should read because, folks, it is dead. Once again, it’s time to look at strong growth stocks to buy, before they ride a wave of bullish macro sentiment higher. You heard that right. The great “value rotation”
For a brief moment in June, the Reddit trader army set its sights on Wendy’s (NASDAQ:WEN) stock. Chalk it up to an inside joke among r/WallStreetBets subreddit posters. Or perhaps a love of the fast food chain’s chicken sandwiches motivated the meme crowd. But, whatever the reason was, the short-lived rip, which took WEN stock
When a company becomes the newest darling among retail traders, watch out. I actually like video-game hardware and accessories company Corsair Gaming (NASDAQ:CRSR), but its apparent popularity among Reddit users may be a warning sign for CRSR stock. Source: Rawpixel.com/Shutterstock.com Don’t get me wrong. I find it fascinating that r/WallStreetBets participants are standing up to the
After a volatile and exhausting run in the first half of this year, GameStop (NYSE:GME) stock look to finally be stabilizing somewhat. Source: rblfmr / Shutterstock.com Of course, “stable” is a relative term when it comes to GME stock, which, at this point, seems to operate completely outside normal investing and trading rules. While the
Online forums are a powerful force that can move stocks. During the Y2K bubble some two decades ago, Yahoo Finance’s message forums gave users a place to talk about picks. These days, though, users can get a stock trading idea explained to them within seconds on platforms like Reddit, which has become the go-to place
Though manageable through modern medical technologies, diabetes is nevertheless a pain in the rear. On a frequent basis, patients need to prick their fingertips to check their blood sugar levels. However, the advent of continuous glucose monitoring (CGM) systems, such as the Eversense device created by Senseonics (NYSEAMERICAN:SENS), brings much-wanted convenience for patients. It’s no
BlackBerry (NYSE:BB) has become a favorite among investors. In fact, BB stock has a very loyal group of bulls that continue to wait for the stock to take off. A company that was once on the top of the smartphone world has found itself continually reinventing its business model. Source: Shutterstock That’s not necessarily a
Lately, I’ve been reading mixed reviews of Swedish plant-based milk company Oatly (NASDAQ:OTLY). Even after a blockbuster initial public offering (IPO), the sentiment surrounding OTLY stock is starting to cool off. Source: Vladislav Noseek / Shutterstock.com As the share price drifts down from the peak, folks who’ve been sitting on the sidelines can consider taking a
If any company has been testing the patience of its investors, it’s TPG Pace Beneficial Finance (NYSE:TPGY). It can be frustrating to watch a special purpose acquisition company (SPAC) stock pop and drop, and that’s exactly what’s happened with TPGY stock. Source: iQoncept/ShutterStock.com In late May, I practically begged investors to hold off on TPG Pace.
If you’re old enough to remember when MTV started — or old enough to remember when it only played music videos — than you’re no spring chicken anymore. MTV is just one of many historic brands owned by ViacomCBS (NASDAQ:VIAC). Other iconic entertainment brands in the VIAC stock portfolio include Paramount, CBS, Comedy Central, BET,
Since its initial public offering (IPO), ContextLogic (NASDAQ:WISH) staged one rally to peak at around $33, only to fall steadily. Selling pressure on WISH stock accelerated after the company posted quarterly earnings on May 12. Source: sdx15 / Shutterstock.com After it bottomed at $7.52, why did the stock rally a few weeks ago from $8
They’re not gangsters; they’re meme-sters. Evidently, Reddit users targeted Geo Group (NYSE:GEO), of all companies, for a wicked short squeeze. And all of a sudden, traders love to talk about GEO stock. Source: Shutterstock / TY Lim The crowds are fickle, aren’t they? It seems like just yesterday when I couldn’t get anybody to pay attention
If you have a long-term perspective regarding the blockchain and the future of cryptocurrencies, I suppose you can view the current fallout in SOS Limited (NYSE:SOS) as a discount. From the closing peak of this year, SOS stock is down nearly 72%. Source: Shutterstock Before I get into my skeptical analysis of the Bitcoin (CCC:BTC-USD)
Virgin Galactic (NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders. Source: Tun Pichitanon / Shutterstock.com This further bolsters SPCE stock’s current out-of-this-world
It hasn’t been but two weeks since I last discussed Tesla (NASDAQ:TSLA) stock with my readers. No, I don’t dream of it, but I’m taking the opportunity to make an important point. Also, TSLA stock had a massive move, so it warrants an update. Source: Sheila Fitzgerald / Shutterstock.com Investors need to adapt to new
FuboTV (NYSE:FUBO) is a bros’ cable replacement service, top-heavy with sports. Source: Lori Butcher/ShutterStock.com It’s a cable replacement. It competes with Alphabet’s (NASDAQ:GOOGL) YouTube TV, Dish Networks’ (NASDAQ:DISH) Sling, ViacomCBS’ (NASDAQ:VIAC) Pluto, Walt Disney’s (NYSE:DIS) Hulu + Live TV, Warner-Discovery’s AT&T (NYSE:T) TV and Philo, owned by a collection of cable operators. Notice anything about that
For a truly exciting biotechnology investment, you might want to consider Bionano Genomics (NASDAQ:BNGO). You’ll find that BNGO stock is a fast mover; it’s been much higher, but also much lower. Source: Shutterstock Therefore, it’s not appropriate for large position sizes. In general, I tend to want to “stay small” with volatile, low-priced biotech stocks. That
Coupang (NYSE:CPNG), a leading South Korean e-commerce company, has developed attractive new services and has decided to expand to multiple, new geographic markets. As a result, I expect CPNG stock to meaningfully outperform the market over the longer term. Source: Ki young / Shutterstock.com What’s more, Coupang’s decision to enter the third-party logistics market should