Stock Market

Pot stocks have seen incredible strength over the past month, and Tilray (NASDAQ:TLRY) has been at the forefront of this cannabis rebound. TLRY stock has maybe seen a slight surge due to social momentum, but unlike other stocks caught up in meme stock trading, this company’s foundation is solid. Source: Shutterstock ETFMG Alternative Harvest ETF

On June 3, Cantor Fitzerald analyst Pablo Zuanic upped his rating on Tilray (NASDAQ:TLRY) from neutral to overweight. However, at the same time, Zuanic lowered his price target on TLRY stock to $22, down from $30.25. Source: Jetacom Autofocus / Shutterstock.com I must admit I’ve never been able to understand analyst decisions about stocks they

Paysafe (NYSE:PSFE) is a United Kingdom-based company that makes a specialty of handling gambling payments. Now having gone public through a special purpose acquisition company (SPAC), PSFE stock is being touted as the best way for you to get into iGaming. Source: Sulastri Sulastri / Shutterstock.com Of course, the gambling payments game is not new.

I’m hesitant to say this, but I suspect that investors of Plug Power (NASDAQ:PLUG) stock have a particular personality type. Indeed, I’d venture to say that PLUG stockholders are generally risk-tolerant, adventurous, forward-thinking, visionary and open-minded. Source: Alexander Kirch / Shutterstock.com Sure, I’m indulging in some sweeping generalizations here. The last thing I need right now

AMC Entertainment (NYSE:AMC) sold 11.55 million shares of AMC stock on June 3 at $50.85 a share. The stock sale raised $587.4 million in equity proceeds before fees. As a result of the sale, it now has 513.3 million shares outstanding, 10 times the amount a year ago.  Source: Sundry Photography / Shutterstock.com Axios’ Felix

This will be an important week for the stock markets. The S&P 500 has a hard line in the sand that the bulls can use to trigger more upside. If it triggers, hot stocks will lead up in a big way. This bunch does not do anything mildly. Today, we identify three such situations where

Growth stocks had a rocky time in May, when concerns about inflation resulted in a temporary sell-off. Why did inflation chatter cause such a reaction? It’s not inflation per se that’s the worry. The possible raising of interest rates to combat inflation is the real concern. For now, the Federal Reserve is OK keeping rates

I should know better than to make price predictions about biotech stocks like Ocugen (NASDAQ:OCGN). Clearly, I don’t have a clue where OCGN stock is headed.  Source: Shutterstock In early May, I wrote a piece about the Covid-19 vaccine candidate, suggesting that it looked ready to blow through $18 a share. It had just doubled

The SPAC train may have been derailed a bit by the sell-off in high-growth stocks, but that doesn’t mean every SPAC is a sell. Take SoFi Technologies (NASDAQ:SOFI) for instance. SoFi stock is a growing fintech company with plenty of opportunity ahead of it. Source: rafapress / Shutterstock.com However, shares have struggled over the last few

Sundial Growers (NASDAQ:SNDL) is down about 37% since I last wrote about it in March. That’s a bitter pill for bull-minded retail investors who remain committed to the company. But it has to be music to the ears of those equally passionate investors driving up short interest in SNDL stock. Source: Shutterstock Presently trading at $1.10,

Hyliion (NYSE:HYLN) continues to hover around its debut price of around $10. And for investors it must be starting to feel like Groundhog’s Day. It certainly does to me. Every time I’m asked to take a position on HYLN stock, I feel the same way. Except, like many analysts and investors and Bill Murray in the

Did Palantir (NYSE:PLTR) stock find its floor at price just under $20 per share? And, if so, can the data analytics play’s bounce back over the past few weeks continue? Yes and no. On one hand, last month’s pullback in hindsight may have more of a hiccup than the continuation of a move towards its

Workhorse’s (NASDAQ:WKHS) stock was up both Tuesday and Wednesday, but it really gained steam today. Today’s massive surge in WKHS stock is likely thanks to the current meme stock trading phenomenon. Shares of the electric van company finished Thursday up 28%, but still well below where it traded in February. Source: Photo from WorkHorse.com And

Psychedelic therapy developer Mind Medicine (NASDAQ:MNMD) stock has been on fire this year, generating more than 100% in returns in the past six months. Source: local_doctor / Shutterstock.com It currently has the most diversified pipeline of psychedelics in clinical development and R&D, tackling mental health. There has been a steep rise in mental health ailments

We know we’re repeating ourselves, but we’re serious — AMC’s (NYSE:AMC) CEO knows exactly what he’s doing, and this isn’t the last you’ve heard of the soon-to-be-legendary AMC meme stock. Source: Sundry Photography / Shutterstock.com Even if AMC and other meme companies end up retreating into the shadows after their social-driven rise to fame, they’ll be

Among the public market debuts that occurred over the past year or so, Opendoor Technologies (NASDAQ:OPEN) may be among the most fortuitous. Initially, the novel coronavirus pandemic suggested that nothing related to real estate would be worthwhile, which of course clouded Opendoor. But because of the public health crisis, OPEN stock became one of the

It isn’t too late to ride AMC (NYSE:AMC) stock’s massive wave with the rest of the crowd, but you should be prepared to get out of AMC stock before the hype dies. Source: Helen89 / Shutterstock.com Social momentum trading is here to stay. Individual meme stocks may come and go, but we don’t see “meme

On May 25, cannabis stocks got a boost on news that Congress may be ready to take up legislation to legalize marijuana. As the largest company in the space, Canopy Growth (NASDAQ:CGC) is participating in the rally. Shares of CGC stock surged as high as 8% from the prior day’s close.  Source: Shutterstock One of the difficulties in

On the surface, Asensus Surgical (NYSEAMERICAN:ASXC) stock looks like just another sputtering SPAC. Source: Dmytro Zinkevych / Shutterstock.com But it’s not a SPAC. This company came public as TransEnterix back in 2014. It raised $52 million for a robotic surgery system then called SurgiBot. This was a hot stock in 2018, rising as high as

There’s a lot to like about Lucid Motors stock and its SPAC partner Churchill Capital Corp IV (NYSE:CCIV). Lucid is a pure-play on electric vehicles, one of the hottest and potentially biggest growth markets out there today. Source: gg_photography / Shutterstock.com Unfortunately, Lucid Motors stock has too many unanswered questions at this point to be

It’s been quite the year for the life sciences company, Bionano Genomics (NASDAQ:BNGO). BNGO stock was trading for as little as 50 cents late last year before the short squeeze lifted the stock past it past the penny stock territory and then some. Source: Connect world / Shutterstock.com Reddit traders believe that its novel gene

Space tourism company Virgin Galactic (NYSE:SPCE) had its single best trading day on Monday, after its successful spaceflight test. Its oft-delayed test flight finally reached its pre-ordained altitude after its December attempt was cut short. As a result, analysts were quick to jump on Virgin’s bandwagon and have hiked its price targets by over 50%.  However, it

Ocugen (NASDAQ:OCGN) stock has surged by over 2,600% in the last year. This rally is not surprising, since Ocugen and Bharat Biotech have signed a deal to co-develop a novel-coronavirus vaccine candidate, Covaxin. However, it’s also worth noting that OCGN stock is well below its recent high of $18.80. Source: Shutterstock After a deep correction,

The meme stock phenomenon seemed like it was over and done with. But, as seen from the latest movement from GameStop (NYSE:GME) stock, it’s not over just yet. Looking to beat the so-called “smart money” at their own game once again, retail investors, such as those active on Reddit’s r/WallStreetBets subreddit, are back in the

As most people spent the majority of 2020 stuck at home, many realized that they wanted to spruce up their surroundings. If they were going to spend so much time at home, why not take some of that extra free time from not commuting and add some upgrades into their homes. This created a strong

If you want to speculate on Light Detection and Ranging (LiDAR), a technology for making cars autonomous or at least safer, the place to be has been MicroVision (NASDAQ:MVIS). Source: temp-64GTX/Shutterstock.com This doesn’t mean MicroVision has what will be the standard solution. But it’s certainly where the action is, the volatility and the wild price

United Airlines (NASDAQ:UAL) stock has had a pretty good year so far. As of May 27, UAL stock is up over 36.7% year-to-date (YTD). It’s also up 100% over the past year. This is despite the heavy dilution from a number of equity capital raises in the last 12 months. Source: travelview / Shutterstock.com I suspect

Having recently lost an aged cat to kidney failure, I decided it was time to look at Zomedica (NYSE:ZOM) again. When I last examined ZOM stock at the end of March, shares traded for around $1.70. Now at around 80 cents a piece, the firm sports a market capitalization of $777 million. Source: Postmodern Studio

Investors looking for a high-risk, high-reward investment in a vaccine maker should consider buying a small amount of Vaxart (NASDAQ:VXRT) stock. Source: Ascannio / Shutterstock.com Vaxart has developed a vaccine candidate for the coronavirus unique from its shot-reliant competitors in the form of a pill. The results of a Phase 1 trial of the pill

Softbank (OTCMKTS:SFTBY) is a company whose business and investments touch nearly every corner of the globe. Its Vision Fund is the largest private equity fund in the world and grabs headlines, both good and bad, on a regular basis. Bloomberg recently wrote that founder “Masayoshi Son has blundered on WeWork, Greensill and Wirecard, but SoftBank has