Stock Market

Despite all the current market uncertainty, Wall Street analyst stock calls are still happening. Between Oct. 24 and 26, MarketBeat reported that there were 53 upgrades of U.S.-listed stocks.    Analyst upgrades and downgrades have become cannon fodder for retail investors trying to find an edge over their institutional counterparts. Google the words “analyst upgrades
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While most sectors suffered significant pressure this year, the innovation space (including companies ranking among the top semiconductor stocks to buy) incurred disproportionate pain. At the same time, the crimson ink facilitates upside opportunities for contrarian speculators. Fundamentally, one of the biggest pain points for the top semiconductor stocks to buy centers on the global
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The prospects for cybersecurity stocks vary greatly. During the pandemic, few companies that provided cybersecurity services supported working from home. In 2020, pandemic-related lockdowns forced these firms to enable staff to work remotely five days a week. Thus, significant investment in secure back-end technology infrastructure and networks took place. When the pandemic eased, companies wanted
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In order to succeed in the long run, California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) must find ways to stand out from the competition. It appears that Mullen might achieve this through a strategy of acquisitions. This year, Mullen Automotive’s acquisition targets include Bollinger Motors and Electric Last Mile Solutions (ELMS). Given the company’s
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Some folks choose to invest in video-game retailer GameStop (NYSE:GME) for the short-squeeze potential. Others might take a position because they’re anticipating strong financial growth from GameStop. However, the best reason to hold GME stock for five years is that the company is going all-in on non-fungible tokens (NFTs) and the cryptocurrency market. It’s mind-blowing to
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Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) looks like a sure winner over the coming years. That’s because Nio’s growth, in terms of EV deliveries as well as revenue generation, is indisputable. Additionally, Nio is mapping out a carefully planned venture into potentially lucrative European markets. For these reasons, NIO stock should prove to be a
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SoFi Technologies (NASDAQ:SOFI) is a relatively small neo-banking firm right now. However, the data shows that SoFi Technologies is growing by leaps and bounds. SOFI stock has the potential to make a 5x move in five years’ time if the company continues to expand and if the U.S. Federal Reserve finally stops raising interest rates. Let’s
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Shares in hair care products company Olaplex (NASDAQ:OLPX) dropped more than 40% in pre-market trading today after the company cut sales projections. A press release estimates 2022 sales of $704 million to $711 million, and adjusted net income of $303 million to $307 million. Estimates released with its August quarter earnings were for sales of
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Cannabis stocks have been crushed this year due to the lack of progress on the federal legalization of marijuana and macro challenges. However, President Joe Biden’s historic decisions to pardon people convicted of “simple possession of marijuana” and to review the classification of marijuana as a Schedule 1 drug have revived investors’ attention in the cannabis
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In July, GameStop (NYSE:GME) launched its NFT marketplace to a relatively muted reception. NFT trades had already fallen three-quarters since January, and traders assumed the game retailer had missed yet another party. Shares would eventually drop another 25%. Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that
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Li Auto (NASDAQ:LI) stock, like its peers, has struggled lately. The market has become increasingly pessimistic about the near-term prospects for China-based electric vehicle (or EV) manufacturers. This could have you thinking the sector has been oversold. After all, this big decline only came about on the initial signs of a slowdown in Chinese EV
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Space companies aren’t everybody’s cup of tea, but some investors might want to take a look at AST SpaceMobile (NASDAQ:ASTS) stock. Now that the company has finally launched its BlueWalker 3 test satellite, ASTS stock might get the green light from Wall Street to move higher. Also, it’s encouraging to see that AST SpaceMobile’s financial situation
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The economy has been facing severe headwinds, with only a few sectors holding firm. Earlier this year, several technology stocks were doused in red ink after their Q4 earnings calls. However, as more companies start reporting their third quarter earnings for this year, here are some of the top stocks to watch. The post-pandemic boom
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[Editor’s note: “The Battery Maker Set to Soar 10X-Plus by 2030” was previously published in February 2022. It has since been updated to include the most relevant information available.] When it comes to stocks with enormous long-term upside potential, few look more compelling than QuantumScape (QS). As the leading solid-state battery maker, QS is developing
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The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which
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Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the
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It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal
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[Editor’s note: “This Little-Known EV Battery Technology Will Drive the EV Revolution” was previously published in August 2022. It has since been updated to include the most relevant information available.] Source: Illus_man/Shutterstock You may think you know of every battery innovation, especially as students of innovation. But a secret EV battery technology you’ve likely never heard
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China’s retail sales and industrial output data for August were definitely encouraging. Retail sales grew 5.4% year-over-year (YOY) in August, while industrial production was up 4.2%. However, Chinese companies continue to be under pressure due to the disruption caused by the country’s “Zero Covid” policy, tensions between the U.S. and China, and a stricter regulatory
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Last year, the phenomenon of retail investors bidding up short-squeeze stocks or securities that featured intense bearish sentiment caught like wildfire. This year, circumstances changed dramatically. With the Federal Reserve set to raise the benchmark interest rate until inflation normalizes, the framework for highly risky ventures diminished. Still, short-squeeze stocks represent powerful forces in the
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