Since the beginning of the year, the stock of Tilray Brands (NASDAQ:TLRY), a leading global cannabis producer, has lost some ground, down 3% to $6.80 per share. TLRY stock has performed better than the broader market on the period, due to renewed investor interest from the prospects of this leading cannabis actor and its poor stock
Stocks to buy
With the rise of Netflix (NASDAQ:NFLX) and other streaming services, AMC (NYSE:AMC) stock has had a rough few years. The iconic movie theatre chain has still managed to stay afloat, though. But it’s not enough for them anymore as they continue down the path to financial irrelevance once again. Source: QualityHD / Shutterstock.com This is
During the onset of the Covid-19 pandemic, Pinterest (NYSE:PINS) helped many people relieve the boredom and anxiety caused by the lockdowns. This surge in popularity provided a massive tailwind for PINS stock, which rose 790% from its pandemic low to its all-time high just below $90. Source: tanuha2001 / Shutterstock.com Lockdowns didn’t last, though, and the
The broad-based selloff in the tech sector has battered several innovative startups. One such name is up-and-coming luxury electric vehicle (EV) company Lucid Group (NASDAQ:LCID). LCID stock has shed 35% of its value over the past three months. Despite its impressive progress and incredible outlook ahead, investor enthusiasm remains at a low ebb. Hence, it’s
Headquartered in California, solid-state electric-vehicle (EV) battery maker QuantumScape (NYSE:QS) stock is part of the electrification revolution of the 2020s. To take part in this exciting movement, all you have to do is pick up a few shares of QS stock. Source: Michael Vi / Shutterstock.com Don’t get me wrong — an investment in QuantumScape isn’t for everyone.
Based in San Francisco, Calif., neo-banking leader SoFi Technologies (NASDAQ:SOFI) could be described as a company in transition. What SOFI stock traders need to know is that some recent developments are likely to change the company’s business model. Source: rafapress / Shutterstock.com For years, SoFi was mostly known as an all-in-one personal-finance app. It has
Despite suffering heavily due to the pandemic, the real estate industry was one of the quickest to pick back up. It has gone through a prolonged period of falling and stabilizing and then falling again, but the property prices are expected to start rising soon. Opendoor Technologies (NASDAQ:OPEN) works around the housing market and it
Despite U.S. inflation, America’s economy is still the best house on the worst block. According to the latest data points, consumer prices surged more than 7% in January, the highest gain since February 1982, per a CNBC report. Despite the obvious jitters, it is important not to forget about stocks to love. In reality, it
Though the benchmark S&P 500 index is down only a little over 4% since the start of the year through the Feb. 9 session, that alone doesn’t tell the whole story. Throughout most of January, what were once considered viable stocks to buy suddenly tanked as investors came to grips with possible paradigm shifts in
Let’s be honest here. Facebook changed its name to Meta (NASDAQ:FB) and is betting everything on metaverse development because it has no other choice. Meta’s social media platforms are dying, especially the core Facebook app (which, for the first time ever, lost users last quarter). Its digital advertising business is disappearing, thanks to privacy law
Well it had to end sometime. The end of 2021 into 2022 was a brutal period for tech stocks. And it may not be a popular opinion, but many of these stocks needed to have their valuations trimmed. However, as is usually the case with market corrections there is always an overreaction. One of my
The housing market is on fire — and I believe the single best growth stock to buy for 10X potential gains in the 2020s is a disruptive housing stock. But more on that later. For now, just look at these housing numbers. Existing home sales hit 6.1 million homes sold last year, the highest mark
The performance of Palantir (NYSE:PLTR) stock was unimpressive for most of 2021. After a strong listing in September 2020, the stock gained almost 250% by January 2021. However, PLTR stock subsequently retreated on both macro and micro factors. It’s now down nearly 60% over the past 12 months. But is all hope lost for this
Social media stocks have taken a beating lately, and they have had a rocky start to 2022. Pinterest (NYSE:PINS) was once a pandemic darling, but the stock has been declining for the past few months. We spent hours on the social media app while in lockdown, but interest soon started to fade. PINS stock made
Microsoft’s (NASDAQ:MSFT) post-earnings rally and fade is likely due to Nasdaq’s rising volatility. Investors cannot decide if they should bargain hunt and buy beat-up technology stocks or buy MSFT stock. Source: Asif Islam / Shutterstock.com As inflation pressures force central banks to raise interest rates faster than expected, technology investors should consider accumulating Microsoft stock.
Last month, I recommended Upstart Holdings (NASDAQ:UPST) stock. Source: Postmodern Studio / Shutterstock.com If you ran to your computer and bought some, then looked at it again 12 days later, I understand if you cursed my name. Why? UPST stock was down by almost 23% at the close of Feb. 24. It has recovered somewhat
Web 3.0 — also referred to as the decentralized web or Web3 — is getting plenty of attention on Wall Street. Some regard it as a paradigm shift that will make the internet immersive for the masses. Others highlight, “Web3 is about ownership. It’s about the direct connection between creators and consumers, obfuscating the gatekeepers.”
China is stimulating its economy and the country’s government seems to be largely done with terrorizing some of its leading tech companies. Meanwhile, after most Chinese stocks tumbled tremendously in recent months, including all of the names highlighted in this article, the valuation of many of the nation’s equities is quite attractive. Investors also should
Micron’s (NASDAQ:MU) near-term and longer-term prospects remain very strong, and the company is extremely profitable. But despite all of that, MU stock is still trading at a tiny valuation. Source: Piotr Swat / Shutterstock.com Meanwhile, multiple, highly reputable Wall Street firms are very bullish on the shares. Consequently, I remain very upbeat on the shares.
There’s been a lot going on with San Francisco-based video game developer Zynga (NASDAQ:ZNGA). For instance, the company is gearing up to present its fourth-quarter and full-year 2021 financial results, which could have a profound impact on ZNGA stock. Source: Sundry Photography / Shutterstock.com Also, Zynga subsidiary and Golf Rival game developer StarLark is “kicking off the Lunar New
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