In my most recent articles on Matterport (NASDAQ:MTTR), I’ve taken a bearish view on the stock. But I haven’t been bearish on MTTR stock primarily because of the firm’s prospects. Source: Matterport Instead, my view has been that the richly-priced shares have more room to fall because the market has been shunning pricey growth stock on
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Coupang (NYSE:CPNG), one of the largest e-commerce companies in Asia, saw a rocky start to the year. CPNG stock dipped 22.3% per share to $22.85, because of a series of short-term disruptions that weighed on its profitability. More worryingly, since its initial public offering (IPO) in March 2021, Coupang lost over 50% of its market
In this article VIVO VioletaStoimenova | E+ | Getty Images Company: Meridian Bioscience Inc. (VIVO) Business: Meridian Bioscience is a life science company that develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, as well as elevated blood lead levels worldwide. The company has two business segments. The Life
In this article GDDY ZG AFRM NWL UAA An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports equipment company’s shares dropped about 10% as lingering supply chain constraints
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
QuantumScape (NYSE:QS) has big plans to become a major player in the electric battery industry as it claims it is “building the best battery.” QS stock benefitted greatly as electric vehicle (EV) manufacturers exploded in popularity during the pandemic. But as lofty valuations return to earth, real questions about QuantumScape’s business have become a sore
On the surface, the news that Amazon (NASDAQ:AMZN) is upping its maximum base pay for corporate and tech workers to $350,000 from $160,000 is a win for current and future employees. However, I’m not sure anyone holding AMZN stock should be sold on the move. Source: Frederic Legrand – COMEO / Shutterstock.com Here’s why I
In this week’s Growth & Income video, I discuss both Luxfer Holdings (LXFR), and CVR Refining (CVRR). Both of these companies are not well-known stocks, but that does not mean they don’t have positive future growth drivers and pay impressive dividends. Luxfer Holdings: https://www.zacks.com/stock/quote/LXFR?cid=CS-YOUTUBE-FT-VID CVR Refining: https://www.zacks.com/stock/quote/CVR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on
The ProShares UltraPro Short S&P 500 (SPXU) is a leveraged inverse exchange traded fund (ETF) that aims to earn three times the inverse of the daily performance of the S&P 500 Index. An inverse ETF like the SPXU is designed to move in the opposite direction of the S&P 500, using leveraged investments such as
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images CAMERON COUNTY, Texas — Standing under the towering profile of SpaceX’s next-generation Starship rocket, CEO Elon Musk on Thursday gave his pitch for
Traders on the floor of the NYSE, Jan. 25, 2022. Source: NYSE Stocks are likely to be volatile in the week ahead as investors watch tensions between Russia and Ukraine and debate how quickly the Federal Reserve can raise interest rates. Markets were roiled in the past week and bond yields spiked after a hot
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
In one sense, stock-trading app Robinhood Markets (NASDAQ:HOOD) could hardly have timed its initial public offering better. HOOD stock went public on July 29 at $38 a share. Less than a week later, it hit an intraday high of $85 for a 124% gain. Source: OpturaDesign / Shutterstock.com Remember that this was a time of
Lucid (NASDAQ:LCID) will likely release its fourth-quarter results next week or shortly thereafter. Investors should expect to see the company show solid progress in the production of its electric vehicles (EVs). As a result, LCID stock could stage another move upward, depending on the guidance the company gives for Q1 and 2022. Source: gg5795 /
In this article ACB-CA EXPE ZG NWL ZEN UAA Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped
After the market’s latest round of volatility, it may not seem like the right time to get into Robinhood (NASDAQ:HOOD) stocks. As inflation, rate hikes and other factors point to more rocky times ahead, some of the most popular stocks out there (many of which are great for first-time investors) could continue to make moves lower.
Ocugen, Inc. (NASDAQ:OCGN) is a clinical-stage biopharmaceutical company struggling to find a direction and a bottom in 2022 as the pandemic persists. Investors looking to buy OCGN stock have several tough questions to ask and need straightforward answers to evaluate its shares. Source: shutterstock.com/PhotobyTawat I have written three articles on OCGN stock. I covered two
The electric vehicle (EV) revolution went into high gear after Tesla (NASDAQ:TSLA) made it cool to own one. The world has had EVs since the 1880s but never as a serious option. Up until Tesla, the alt-fuel cars were wonky looking and posed no threat to the internal combustion engine (ICE). Rivian (NASDAQ:RIVN) is among
Digital investment advisor Betterment has acquired robo-advisory firm Makara that offers cryptocurrency. The acquisition’s terms were not disclosed. Betterment, which is the biggest independent digital advisor in the United States, pioneered robo-investing—an industry that grew during the pandemic. The company’s CEO Sarah Levy stated that Makara was unique because it combined crypto offerings with guidance
The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Expedia — Shares of the travel company jumped more than 5% in extended trading after a better-than-expected earnings report. Expedia posted adjusted earnings
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.
Many high-yield dividend stocks don’t have enough firepower to cover their dividend payments. Or else they barely have the earnings to cover the dividend. This could be one reason why the stocks have a high yield. Often these stocks either have to borrow money, sell assets, issue equity or debt just to be able to
Oil and gas play Camber Energy (NYSEAMERICAN:CEI) has languished in the penny stock territory for a while now. After its price topped $4.85 per share last September, CEI stock has shed over 85% of its value. It is now back where it belongs, trading in the penny stock territory after the Reddit-fueled enthusiasm. Though penny
The last time I discussed the controversial special purpose acquisition company Digital World Acquisition Corp. (NASDAQ:DWAC), its shares were up 57% on a year-to-date (YTD) basis. Since then, DWAC stock had its dips and dives, but it is still up 6o% YTD. Source: rafapress / Shutterstock What in the heck gives? For me, I find
Zhao Changpeng, founder and chief executive officer of Binance, speaks during an interview in Singapore, on Nov. 19, 2021. Wei Leng Tay | Bloomberg | Getty Images Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned. The funds will
In this article KO DIS GOOS-CA TWTR TPR UBER Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of 45 cents per share. Revenue also beat Wall Street forecasts, and Coca-Cola projects commodity
Tech stocks are recovering and showing strong signs of a rebound. With several stocks down since the start of the year, now is a great chance to add them to your portfolio. Nvidia (NASDAQ:NVDA) is a hot tech company that is only growing with each passing year. Source: Steve Lagreca / Shutterstock.com Call it data
Industries that come to mind for many dividend investors include perennial favorites such as consumer staples, utilities and healthcare. These sectors tend to provide predictable earnings, low capital expenditures and high levels of free cash flow. Those conditions are terrific for dividends, and those sectors tend to pay above-market yields as a result. Commodities sectors
AMC Entertainment (NYSE:AMC) has seen its picture go a little fuzzy lately. AMC stock was one of 2021’s unexpected winners as it rode an unprecedented wave of social media interest. However, the name has now declined 75% from its 52-week highs and is down by about 40% just over the past six weeks alone. Source:
When conservative talk radio host Larry Elder went head-to-head against incumbent California governor Gavin Newsom during last year’s recall election, it had significant implications for DraftKings (NASDAQ:DKNG). You see, Elder has some libertarian views, but he’s not too fond on gambling, which of course would have boded poorly for DKNG stock had he won. Source: