Poshmark (NASDAQ:POSH), the new and second-hand clothing online store, produced excellent earnings for its second quarter ending June 30 on Aug. 10. With that in mind, here is the bottom line: POSH stock is worth at least 55% more at $41.20, compared to its price as of Aug. 21 of $26.53. Source: NYC Russ /
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InvestorPlace’s Brenden Rearick reported on Aug. 17 that Renaissance Technologies upped its stake in AMC Entertainment (NYSE:AMC) in the second quarter by 260%. The hedge fund now owns more than 1.8 million shares of AMC stock. Source: Helen89 / Shutterstock.com Jim Simons, the billionaire who runs the hedge fund, seems to be saying yes to
At the end of June, I wrote about Ocugen (NASDAQ:OCGN) and OCGN stock. I said that at $8.35, it was ridiculously overvalued. I also said if it were worth $8, I’d eat my hat. Source: Shutterstock Naturally, once OCGN stock blew through $8 on Aug. 9, I’d hear from the peanut gallery about my statement.
For folks who are unaware, I run a cryptocurrency-focused research advisory called Crypto Investor Network with legendary early Bitcoin investor Charlie Shrem. Together, we’ve created a blockbuster portfolio of crypto picks that, in less than a year, has an average return of 174% per pick. Yes. You read that right. Our crypto picks have risen,
One of the biggest meme trades — or at least trades that have “meme-ish” qualities — Castor Maritime (NASDAQ:CTRM) lit up the charts earlier this year. Starting off at $1.86 on the first close of January, CTRM stock finished the Feb. 11 session at $17.30, a nearly 10X move in the space of a month-and-a-half.
Faster isn’t always better. But in the world of making money, faster is often better. Because, let’s face it, we all have a certain amount of time on the clock. No one is going to live forever. And so, the faster we earn big money, the more we can enjoy the liberties and luxuries that
Social commerce platform operator Poshmark (NASDAQ:POSH) is a popular destination for shoppers to buy and sell second-hand products, or even hold virtual shopping parties. It’s an interesting business model, and while some folks don’t have POSH stock on their radar, perhaps they ought to. Source: NYC Russ / Shutterstock.com After all, as reported earlier this year
It’s supposed to be “off season” in Washington D.C. right now. But, as opposed to taking advantage of their recess, legislators are moving forward with passing some hefty bills and budget plans. I’m talking, of course, about the $1 trillion infrastructure bill and $3.5 trillion 2022 budget plan. Both plans have passed the Senate, and
Sofi Technologies (NASDAQ:SOFI) posted excellent second-quarter revenue and earnings on Aug. 12. This was its first quarterly report since SOFI stock went public via a special purpose acquisition company (SPAC) reverse merger. Source: rafapress / Shutterstock.com Sofi now has an $11 billion market valuation but has yet to make a profit for its shareholders. As
The world today is a lot different than it was 20 years ago. Laws have changed. Presidents have changed. Sports teams have changed. Lots has changed. But the most important of these changes has been the global takeover of technology. Twenty years ago, you worked by going to the office and writing things down on
No matter what business it’s been in — smartphones, enterprise software, messaging or embedded automotive software — BlackBerry Ltd. (NYSE:BB) has worked hard to craft an identity around security. However, BB stock was in the headlines on Tuesday when it was announced that a security flaw had been found in its QNX software. Source: Shutterstock
Please tell me you didn’t miss it… The biggest event of the year… The single presentation that could’ve handed you the keys to scoring 30X or greater gains in the stock market over the next decade. I’m talking, of course, about our 1 to 30 Wealth Summit, which I hosted with legendary growth investor Louis
AT&T (NYSE:T) stock has been a major disappointment for shareholders. T stock is down not just year-to-date, but also over the past 12 months. Additionally, it has lost roughly 25% of its value compared to where it traded prior to Covid-19. All this occurred in the midst of the huge market-wide bull run. Source: Jonathan Weiss/Shutterstock
You can’t blame bullish Sundial Growers (NASDAQ:SNDL) investors for thinking SNDL stock might have found a bottom. But after the company reported its second-quarter earnings, a double-bottom line of support was taken out around 78 cents a share. Source: Postmodern Studio / Shutterstock.com This should raise two immediate questions for speculators in Sundial Growers: How
Redmond, Washington-headquartered Microvision (NASDAQ:MVIS) is known for providing a technology known as lidar, or light detection and ranging. MVIS stock is among just a small handful of tradable pure lidar plays on the market right now. Source: Oskari Porkka/ShutterStock.com Lidar systems, just to give you a quick primer, use laser beams to form a three-dimensional image
Go ahead and browse any investment-related social media forum and you’ll quickly discover that Clover Health Investments (NASDAQ:CLOV) stock has a very strong following. Source: Shutterstock I’m not suggesting it’s a meme trade (which has become a controversial term), but CLOV stock certainly has meme-ish attributes. Is that alone enough to justify more than a
Oracle Corporation (NYSE:ORCL) is leaning even harder into its cloud offerings with its latest announcement. Investors hope the company’s exciting new tech improvements can help push ORCL stock over the top. Source: Jer123 / Shutterstock.com That would be a neat trick considering how quickly Oracle has grown in recent months. It’s been a good growth
Some folks like to invest in ChargePoint (NYSE:CHPT) because it allows you to be brand-agnostic. By that, I mean you can hold CHPT stock and be part of the vehicle electrification movement without wagering on any specific automaker. Source: JL IMAGES / Shutterstock.com This makes sense, as all electric vehicles will require charging stations to keep
Following a wild week, shares of online brokerage Robinhood Markets (NASDAQ:HOOD) have settled down, leading many investors to wonder if the HOOD stock is a meme stock after all? Source: OpturaDesign / Shutterstock.com After running up 87% between Aug. 2 and 4, HOOD stock seemed destined to join the ranks of the meme stocks that
We are on the cusp of a once-in-a-generation technological revolution. No. I’m not talking about electric vehicles. Or self-driving cars. Or clean energy solutions. Or space tourism. In fact, you’re probably completely unaware of this seismic shift that is just around the corner, because Wall Street (and Main Street) are completely sleeping on this coming
Following the closing of its SPAC (special purpose acquisition company) merger, what’s the next move for Lucid Group (NASDAQ:LCID) stock? At this point, it’s hard to tell. The narrative that made this one of the hottest electric vehicle stocks remains in play. This may lessen the chance it falls back below $20 per share. Source:
Good companies don’t need Wall Street experts’ seal of approval — but it certainly doesn’t hurt. Fisker (NYSE:FSR) recently got a favorable rating from a prominent analyst, and FSR stock owners should be happy about that. Source: Eric Broder Van Dyke / Shutterstock.com It’s a bold move for an analyst to have a bullish stance on
A few weeks back, I wrote about a possible secondary catalyst with Sundial Growers (NASDAQ:SNDL) stock. The full legalization of marijuana in the U.S. remains the main one for this Canada-based pot company. But, if its share price dipped further? Buying ahead of it putting its $862.5 million cash position to good use could be
Just when things appeared to be returning to normal, the novel coronavirus decided to ramp things back up. Due to the surging Delta variant, the unabashed optimism that sent shares of United Airlines (NASDAQ:UAL) soaring earlier this year has been replaced with a modest sense of unease. So, is this just a blip on the
Back in October of 1927, the world’s leading scientists descended upon Brussels for the fifth Solvay Conference – an exclusive, invite-only conference dedicated to discussing and solving the outstanding preeminent open problems in physics and chemistry. In attendance were scientists that, today, we praise as the brightest minds in the history of mankind. Albert Einstein
Chegg (NYSE:CHGG) is popping after a strong second-quarter earnings report. Chegg’s strong numbers eased fears that demand for the company’s online education platform would taper off as the world normalized and students returned to school. Source: Casimiro PT / Shutterstock.com We didn’t see those fears come to fruition in any sense. Instead, Chegg experienced massive subscriber
Cassava Sciences (NASDAQ:SAVA) stock could be the poster child of what not to do while investing. Source: Shutterstock Late July, SAVA stock collapsed and lost half its value in mere hours. That was a fantastic rejection of extreme levels. Experts blamed the headline, but the fans did not waiver. Cassava stock bounced off of that
Is Peloton (NASDAQ:PTON) a fad pushed artificially higher by the pandemic, or a trend that’s just taking off? That’s the question investors have been asking about PTON stock for quite some time. The company, which operates a fitness platform for live and on-demand indoor cycling classes, received an obvious boost as the pandemic shuttered gyms.
Millions of Americans are struggling with Alzheimer’s, according to the Alzheimer’s Association. The disease often has a slow progression, lasting years or even decades, and it’s one of the leading causes of death in the United States. Memory loss and declines in the ability to think clearly, solve problems, and even communicate are a terrible part
Skillz (NYSE:SKLZ) is at an inflection point, with short interest of about 17%. The online mobile multiplayer video game company wants to pivot to online gambling. But the market has its doubts about SKLZ stock. Source: NYCStock / Shutterstock.com Skillz shares spiked to more than $45 in February. The stock is down since that peak,
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