Stock Market

Tesla (NASDAQ:TSLA) is ready for its final push. TSLA stock is a double-edged sword. On one hand, you have the best EV maker in the world with promising upside in solar and energy storage. But you also have a ton of new competition entering the electric vehicle space in 2022. And the solar energy and

So far, if you want to wager on the future of solid-state electric-vehicle (EV) batteries, you have few options, and QuantumScape (NYSE:QS) is one of them. Indeed, with plenty of trading volume and press coverage, QS stock has been an obvious choice. Source: Michael Vi/Shutterstock.com On May 21, I offered a hearty recommendation to folks interested

As the company’s name implies, Cloudera (NYSE:CLDR) is an enterprise data cloud business. The company has been tradable as CLDR stock for years, but reportedly there’s a big change coming up. Source: Michael Vi / Shutterstock.com Two firms in particular have shown special interest in Cloudera — so much interest, in fact, that apparently there’s a

The results of soon to be released earnings reports for the major record labels loom. Some investors expect the share prices of these major music stocks — Warner Music Group (NASDAQ:WMG); Sony Music Entertainment, a part of Sony Corp (NYSE:SONY); and Universal Music Group, a part of Vivendi (OTCMKTS:VIVHY), which together dominate the recorded music

Investors who chose to get on board with MicroVision (NASDAQ:MVIS) stock now would be making an unwise decision.  Source: Shutterstock There are ample reasons to be bearish on MicroVision moving forward. Despite having said that, the upside down dynamics of today’s market mean that it could stagnate at its current overvalued price, or even rise. 

When I last wrote about QuantumScape (NYSE:QS) stock in May, I argued why it was way too early to buy it. One month later? That’s still looking to be the case. The electric vehicle battery play was red hot late last year, when it briefly hit prices as high as $132.73 per share. Source: Michael

It’s fair to say that Inovio Pharmaceuticals (NASDAQ:INO) wasn’t the first or most famous entrant into the Covid-19 vaccine race. Nevertheless, there are reasons to be bullish on INO stock. Source: Ascannio / Shutterstock.com It’s unfair to pigeonhole INO stock as “just a Covid stock.” Inovio remains on the cutting edge of DNA science with 15

After an euphoric rally to $64.9 earlier this year, Churchill Capital Corp IV (NYSE:CCIV) stock has seen a sharp correction. While the stock seems to be consolidating around $20 levels, CCIV stock has struggled to break-out on the upside. Source: gg5795 / Shutterstock.com There are two likely reasons for the correction and the stock sustaining

A meme stock with huge earnings and strong fundamentals? Pretty rare, right? Well, let me introduce you to UWM Holdings (NYSE:UWMC). UWMC stock is the rare one where both Reddit traders and value investors can unite. The shares are cheap, the business is booming and social media is all over the stock. Source: Shutterstock The market

QuantumScape (NYSE:QS) stock supports a next-generation battery technology developer aiming to revolutionize the EV charging sector with solid-state batteries. Source: Michael Vi / Shutterstock.com Despite its pre-revenue status, QuantumScape is well-funded and continues to execute its plans effectively to gain the confidence of its stockholders. Although several risks remain with its business, it is doing

With so much enthusiasm baked into the equities sector, many investors undoubtedly feel that now is a time to consider a risk-off profile. Frankly, I agree with these folks. That said, we’re coming off the (hopefully) worst of the novel coronavirus pandemic. Therefore, others believe that the best days are still ahead of us. If

Nikola (NASDAQ:NKLA) is a poster child for the special purpose acquisition company (SPAC) boom and bust of the past year. Nikola rose to prominence in 2020. Investors hoped that Nikola, powered by its charismatic founder, Trevor Milton, could become the next Tesla (NASDAQ:TSLA). For awhile, NKLA stock soared as Milton’s pitch gained more and more

Shares of High Tide (NASDAQ:HITI) popped Friday on meme hype, closing at $7.50. Ignore the hype, and focus on the company. Source: Shutterstock Every industry needs a centralized retailer. Centralized retailers offer consistency of price, experience, inventory and convenience. For cannabis, that could be High Tide. High Tide has the potential to transform itself into the “Walmart of

Bed Bath & Beyond (NASDAQ:BBBY) and GameStop (NYSE:GME) are two of the most popular meme stocks of 2021. Barron’s published an article on June 7 suggesting BBBY stock was one of the more popular memes.  Source: Shutterstock Flash forward 8 days and the home furnishings retailer doesn’t even make WallStreetBets top 10-list of most-discussed stocks.

ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs. Source: YuniqueB / Shutterstock.com The catalyst? There are a few of them — Recharged growth trade on lower bond yields Reinvigorated optimism about EVs and the charging network

I’m not entirely sure how true this is today. But back in 2015, CNN Business released a report that indicated that the number of individual equity units peaked at 7,652 during the summer of 1998. That of course was when speculation was building toward the eventual internet and technology bubble. In 2015, the number eventually

Workhorse (NASDAQ:NYSE) gained 5.3% today on word that the company is filing a legal challenge to USPS’s contract decision. Back in February, WKHS stock tanked when USPS announced, in a surprising turn of events, that they’d be partnering with Oshkosh (NYSE:OSK) instead of crowd-favorite Workhorse. But this boost won’t undo February’s massive plummet, and it’s

It’s amazing to consider that next-generation Medicare Advantage insurer Clover Health (NASDAQ:CLOV) would become the focus of so much attention. CLOV stock was completely under the radar not too long ago, but things can change quickly in this fast-paced market. Source: Shutterstock As you may recall, Clover Health announced its plans to go public via a merger with

It wasn’t long before marijuana was considered a taboo. Emerging science, however, has altered customer perceptions and has paved a path for its legalization. As a result, the global legal marijuana market continues to expand at an impressive rate. Most recently, PSY (NYSEARCA:PSY), the first psychedelic stock ETF, hit the market. In turn, several psychedelic

A rapidly improving business is what most investors will see when they look at Canaan (NASDAQ:CAN) and its stock. Investors who dive into its Q1 earnings report will find lots of information indicating the Bitcoin (CCC:BTC-USD) mining machine manufacturer is on an upward trajectory.  Source: shutterstock.com/Jarretera I believe that’s generally how investors should look at

In the past month, QuantumScape (NYSE:QS) stock has gone basically nowhere. When I last wrote about QS stock on May 12, it closed at $27.30, but as of June 11, it was at $27.90. But when I began the previous article on May 11, it was at $29.48. In effect, it has actually fallen over

This the latest in my weekly investing series focused on thematic Buy/Sell recommendations. Today, I’ll look at Big Data stocks. First, I’ll explain why you should buy New Relic (NYSE:NEWR) stock. After, I’ll take an even deeper dive into one of the Big Data companies you really should consider selling now. Big Data Stocks to

Lucid Motors is a luxury electric vehicle manufacturer — going public through a SPAC merger with Churchill Capital (NYSE:CCIV) — producing vehicles that don’t compromise on performance. And they’re appealing to a range of customers that Tesla has begun to leave behind. Source: gg_photography / Shutterstock.com Their best-in-class technology rivals Tesla’s, and their battery tech

Gamestop (NYSE:GME) reported very good news June 9, and the stock tanked. Source: quietbits / Shutterstock.com An adjusted net loss of 45 cents per share was offset by a sales gain of 25%, to $1.28 billion. This came despite closing 12% of the company’s stores.. As of May 1 there was still $770.8 million of

I believe that Swedish oat milk maker Oatly (NASDAQ:OTLY) has the ingredients, both literally and figuratively, to become very successful over the longer term. Nonetheless, given the gigantic valuation of OTLY stock, I advise investors to wait for a major pullback in the name before buying the shares. Source: Katrinshine / Shutterstock.com Among the strong,

The markets are dealing with an army of investors who are after heavily shorted stocks. But there are also fundamentally strong names where initiating a short position can be risky. These are the so called unshortable stocks. True, Short squeeze rallies have delivered multi-fold returns for investors. AMC Entertainment (NYSE:AMC) is the recent case of a

Online pet destination Chewy (NYSE:CHWY) smashed first-quarter numbers by a wide margin, but CHWY stock still fell. Source: designs by Jack / Shutterstock.com This is fine. Chewy’s guided Q2 and full-year revenues fell relatively in line, which means Q2 through Q4 numbers are expected to come in below expectations. The expectations already priced in a

Snowflake (NYSE:SNOW) stock is dropping following their Investor Day event in which management unveiled very conservative long-term financial targets. What’s the problem with this? Well, SNOW shares are priced aggressively, not conservatively. Source: Sundry Photography / Shutterstock.com But honestly, this dip has a silver lining that most people aren’t seeing — you can get SNOW

Oatly (NASDAQ:OTLY) zoomed from $17 per share to over $26 per share after its debut on the NASDAQ exchange. But can OTLY stock continue to climb? Say what you will about the company’s oat milk product, but its nutritional value is debatable. Yet there’s no question that this Sweden-based company is cashing in on the

Step aside GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC) is clearly leading the charge this time around. The so-called “meme stock” rally is back and these names are surging higher once again. However, will GME stock start to participate?  Source: quietbits / Shutterstock.com Let’s not make any mistakes. GameStop stock has still done pretty well, up 63%