We all can’t wait for the day when life gets “back to normal” and the COVID-19 pandemic behind us. Source: Shutterstock But back to normal won’t mean “back to the way it was before.” One of the biggest lessons we’ve learned over the past year is that access to fast, reliable internet service isn’t just
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I’ll hand it to investors in Sundial Growers (NASDAQ:SNDL). Based on what looks like nothing more than the hope that the United States may legalize marijuana, SNDL stock has surged 273% since Election Day. But the company still looks tremendously flawed, and I believe it may even wind up being a takeover target. Source: Yarygin
The annual Consumer Electronics Show (CES) is usually held in Las Vegas. This year, the tech industry’s premier event went virtual. Perhaps the most important keynote of CES 2021 was given by Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su. She gave notice that AMD is not finished with the astonishing run that has seen AMD
The last few years have been glorious for internet stocks. And unlike the dotcom bubble of the 1990s, these gains look like they’re here to stay. Internet companies have real sales, real profits and real growth to offer, thanks to the cloud. However, this run does have many people questioning value. Cloud stocks have risen
Carrying the momentum of the special purpose acquisition company (SPAC) into 2021, Newborn Acquisition Corp. (NASDAQ:NBAC) is the latest such vehicle to draw considerable investor interest. Assuming the merger goes through, Newborn will become Nuvve Corporation, an innovative firm that specializes in vehicle-to-grid (V2G) technology that can potentially bring electric vehicles (EVs) into the mainstream.
After a late-session dip on Thursday, equity markets struggled in early Friday trading ahead of the long holiday weekend, as the U.S. stock market was closed on Monday. Let’s look at a few top stock trades ahead of next week. Top Stock Trades for Tuesday No. 1: Nio (NIO) Nio (NYSE:NIO) has had a busy
Could a change of heart be the catalyst that e-commerce firm Jumia Technologies (NYSE:JMIA) needs to continue reaching higher plateaus? That’s one of the questions that investors of JMIA stock has, now that well-known (or notorious, depending on your perspective) short-seller firm Citron Research recently tweeted that JMIA stock was on its way to $100.
The positive momentum for electric vehicle (EV) stocks shows no signs of slowing. To say that traditional automakers were caught napping by the rise of Tesla (NASDAQ:TSLA) is an oversimplification of epic proportions. Nevertheless, not a day goes by without another company throwing its hat in the ring. Hence, it can get a bit confusing
Airbnb (NASDAQ:ABNB) continues to climb, thanks to the general “melt-up” of the stock market. Starting 2021 trading for around $139 per share, Airbnb stock is at $170 per share. Source: BigTunaOnline / Shutterstock.com But, while investors remain enthusiastic about this company, chasing its recent rally may not be the best move. Why? First, valuation. Shares
If you haven’t known it by now, let me just state the obvious: the cryptocurrency market has gone mainstream. Obviously, the biggest news item is bitcoin. After blowing past the psychological resistance barrier of $20,000, it then went on to breach $30,000, then $40,000. In theory, this should help bank stocks as their underlying companies
Big-screen movie theater owner AMC Entertainment (NYSE:AMC) is among the most clear-cut financial victims of the novel coronavirus. With filmgoers opting to play it safe and stay home, AMC stock had horrendous share-price declines. Source: Helen89 / Shutterstock.com And yet, there’s a certain appeal to AMC stock. For instance, the share price was up by 7.5%
When it comes to growth stocks, we often look to the tech sector. However, some investors are a little nervous about big technology and social media giants these days. Most of the FAANG stocks are under increasing scrutiny. The prospect of government actions over monopolistic behavior is looming. One way to invest in a big
With society becoming more progressive — a trend well underway before the 2020 election — it was inevitable that cannabis-based products would become all the rage. But cannabis-based investments have become a different story. While the narrative made sense, the relatively low barrier to entry, among other factors, have kept a lid on momentum. Thus,
Stocks took a breather today heading into the weekend. We all need a break once in a while, right? Source: Shutterstock After President-elect Joe Biden unveiled a plan for an additional $1.9 trillion in stimulus, the market didn’t rally as many had expected. Still, the news was important, and I discuss Biden’s proposal on today’s
As you likely know, pot stocks are back in style. With the “blue wave” in Georgia, the Democratic Party now adds control of Congress atop its Presidential victory in November. This bodes well for Sundial Growers (NASDAQ:SNDL). Why? The election results greatly improve the chances that marijuana is legalized on the U.S. Federal level. That
My coworkers laugh at me almost every time I talk about it, but I’m telling you right now … Source: General Motors Get ready for flying cars. I’ll pause for a moment if you also want to laugh, but I’m 100% serious. And remember you heard it here first. Because … At the 2021 Consumer
If someone wanted to prove that not every initial public offering in 2020 was an immediate success, they would only need to point to the ContextLogic (NASDAQ:WISH) IPO and the subsequent price performance of WISH stock. Source: sdx15 / Shutterstock.com As the stock ticker symbol implies, ContextLogic is the parent company of Wish. Since Wish
What if I told you that you could retire… On a single $2 stock. You’d probably say I was crazy. But today I’d like to share a new investment opportunity with you…. One with the potential to transform a tiny initial stake into a small fortune. My name is Matt McCall. I’ve spent the last
Shares of electric vehicle maker Canoo (NASDAQ:GOEV) are on fire this morning after the Verge reported that it held talks with Apple (NASDAQ:AAPL) about a possible investment or a takeover. GOEV stock jumped as high as 30% in pre-market trading Wednesday. Source: Shutterstock An Apple EV has garnered quite the buzz in recent weeks, as Barron’s noted
We will remember 2020 for a great many things — the novel coronavirus pandemic, Australian bushfire season and the 2020 U.S. presidential election, to name a few. From the market’s perspective, 2020 is also the year the traditional IPO (initial public offering) became obsolete. Special purpose acquisition companies, or SPACs, outpaced initial public offerings, with
It’s official. There will be a Blue Wave in Washington, D.C. for the next two years. Source: Shutterstock I know about half the country is happy while the other is disgusted. Me … I try to stay out of politics as much as possible in my research. However, it is important to take into consideration
During the first full week of 2021, Plug Power (NASDAQ:PLUG) came onto the radar of traders worldwide. That’s because PLUG stock made some big and sudden moves to the upside. Source: Shutterstock It’s not the first time that there’s been heated discussion over PLUG stock. You can look on some popular financial message boards and find
To say that that I have some concerns about Kaixin Auto Holdings (NASDAQ: KXIN) is an understatement. Indeed, the thought of buying KXIN stock gives me the same feeling in the pit of my stomach when I am under a lot of stress or ate something that I should have avoided. Source: lumen-digital / Shutterstock.com
For months now, I’ve been showing you a certain revenue projection in order to demonstrate just how large, important, and potentially profitable the switchover to 5G communication networks will be. Source: Shutterstock Source: Shutterstock In fact, I shared it with you just recently. Here’s how I put it: “Qualcomm Inc. (NASDAQ:QCOM) estimates that 5G networks will
One of the big topics for the gold miners in recent weeks has been the prospect of mergers and acquisitions. Analysts predict another round of consolidation for the industry in 2021, although they aren’t looking for mega-mergers. Instead, they expect to see a continuation of the trend in 2020 that brought a larger number of
With the S&P 500 now dominated by several of the world’s largest tech stocks, I’m not enamored with the SPDR S&P 500 ETF (NYSE:SPY). Since most of those large tech stocks are facing meaningful problems, while the S&P has largely become a strange synthesis of those few tech stocks and “the real economy,” I think
Recently 400 employees at Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) formed a union (this was through the Communications Workers of America Local 1400). For the most part, the impact on Google stock is likely to be minimal – at least in the short-run. Keep in mind that the company has more than 260,000 employees. And of course, this
2021 is going to be a better year than 2020. That’s particularly good news for American Airlines (NASDAQ:AAL). After all, 2020 was an unsurprisingly ugly year for AAL stock. The novel coronavirus pandemic shut down the airline industry worldwide. Source: GagliardiPhotography / Shutterstock.com In the second quarter, American’s revenue declined 86% year-over-year. On an adjusted
I like a good friendly wager as much as the next guy … and I already won my first bet of 2021! Source: Shutterstock This wasn’t your typical bet, like whether my Philadelphia Eagles would beat The Washington Football Team last weekend. (Don’t get me started on that one.) And while I never gamble when
In the month since Airbnb’s (NASDAQ:ABNB) IPO one thing is fairly clear: Airbnb stock was perfectly priced and there looks to be little reason to buy now. Source: BigTunaOnline / Shutterstock.com Many of my colleagues at InvestorPlace expressed the idea that Airbnb shares are likely to have a bright future. Those same colleagues also readily