Back in May, I wrote that Senseonics (NYSEAMERICAN:SENS) stock was likely to rise from $1.80 to over $3.00 per share. Now this has happened; on Aug. 9, SENS stock closed at $3.25 per share. Yet, it still looks like a good buy from here. Source: Minerva Studio / Shutterstock.com Why? Well, for the past three
August marks the end of summer for many students and the start of a new school year. After the winter holidays, the back-to-school season is the second-most important shopping season for retailers. As a result, retail stocks are poised to gain handsomely during this time. According to a forecast from professional services firm Deloitte LLP,
Since trading began on Aug. 4, Novavax (NASDAQ:NVAX) has risen and fallen dramatically multiple times, starting about 28% higher at the start of Aug. 11. As a result, it seems the tight range NVAX stock has been trading in is about to go by the wayside. Source: Ascannio/Shutterstock.com However, if it wants to return to
Investors have been bullish for at least three years. Much of the credit goes to the Federal Reserve. As it is, Wall Street has a habit of overshooting in both directions. So it is not a surprise to see markets break records about breaking records. Today we will illustrate that over-reaction point with Uber (NYSE:UBER) stock.
ViacomCBS (NASDAQ:VIAC) should be a wildly profitable investment. It isn’t one. The best trade on this stock over the last year was a short. If you borrowed shares to sell during its January and February run-up, you prospered after Archegos Capital collapsed. Source: Jer123 / Shutterstock.com Viacom shares started August 2 near the level they
The U.S. economy is back in growth mode and unemployment is falling despite the lingering threat of the Delta variant. This bodes well for the nation’s restaurant stocks, which were hit especially hard by the pandemic. Restaurant stocks have notched impressive returns in the past several months and are primed for further growth as the
Investing in companies with competitive advantages and sustainable dividend payouts is one of the best ways to generate long-term wealth creation. So, what’s a great place to start when looking for high-quality dividend growth stocks? To me, you can’t go wrong with the Dividend Aristocrats, an exclusive group of 65 stocks that have at least
If you’re in the market for an investment that could last for generations, I invite you to consider Wells Fargo (NYSE:WFC) stock. Source: Ken Wolter / Shutterstock.com It’s a banking giant that seems to respect the WFC stockholders – even if Wells Fargo’s reputation with its customers isn’t perfect. You may have heard allegations about the
The stock market has been incredibly volatile in the past couple of months. Investors are anxious about a marked increase in Covid-19 cases due to the latest Delta variant. The variant has become a dominant strain even in countries with high vaccination rates. Moreover, the recent disappointing jobs data has also led to a slowdown
Companies that have an economic moat have a competitive advantage over their rivals. Just as a physical moat protects a castle or fortress from outside threats, a moat around a company insulates it from threats posed by competing firms and economic conditions. While this can be an appealing feature for a company to have, antitrust
Every time that I’m asked to write about Ocugen (NASDAQ:OCGN) I must remind myself that OCGN stock was caught up in the meme-stock craze earlier this year. And with short interest in the stock still above 20%, I suppose there are several traders who have little choice other than to hold on and hope for the
Chinese stocks that ended up being targeted by Beijing have been pummeled in recent weeks. But after China’s government tried to reassure companies and investors that it was not trying to decimate the country’s stocks, some on Wall Street seem to believe that the government was giving the “all-clear” sign. But I don’t think that’s
SOS Limited (NYSE:SOS) stock combines two themes Wall Street investors hate most right now: Bitcoin (CCC:BTC-USD) mining and China. Source: biggunsband / Shutterstock.com SOS is a Chinese Bitcoin miner. But wait, there’s more. SOS is a Chinese Bitcoin miner that has not delivered financial results for either quarter in 2021. It may not even be
Clover Health (NASDAQ:CLOV) stock burned bright for a brief period. Back in June, the shares rocketed from $7 up to $28 in a short period of time, thanks to a raging short squeeze. However, the huge rally came and went in the blink of an eye. Since then, CLOV stock has slumped back to $8.40
Value investing and growth investing are two very popular strategies for investing in stocks. Nvidia (NASDAQ:NVDA) is a stock that can be easily fit in the growth stocks theme, but not value stocks. NVDA stock is trading at around $200 per share. The stock is up about 53% in 2021. But is it time to
The whole fintech movement has been a popular theme for investors going back quite some time. One of the leading beneficiaries of this is SoFi Technologies (NASDAQ:SOFI) stock. Source: rafapress / Shutterstock.com SoFi is a financial services company offering a variety of consumer products. The product portfolio covers a number of services such as personal,
In pre-pandemic times, tech stocks were equated with long-term growth. For several decades, the sector led the way, rewarding investors with big returns. However, 2021 has seen many tech-focused companies struggle to maintain that momentum. Shares in many technology companies took a big hit in March during a general selloff in the sector. Not all
Although North Korea has long been known for firebrand rhetoric and provocative actions that have increased tensions with neighboring states, the secretive nation has surprisingly found itself at the center of a cryptocurrency revolution, largely out of necessity. There are widespread rumors that North Korean dictator Kim Jong Un is behind some of the wild price swings
Owning a rental property can be financially rewarding. If you’re exploring this type of real estate as an investment, be aware of the risks and responsibilities. Rental Properties: An Overview The idea of buying a home or apartment to rent out for profit may sound alluring. But buying a rental property for income and long-term
Buy-Side Analyst vs. Sell-Side Analyst: An Overview The main differences between these two types of analysts are the type of firm that employs them and the people to whom they make recommendations. A sell-side analyst works for a brokerage or firm that manages individual accounts and makes recommendations to the clients of the firm. A