Stock Market

There has been a growing apprehension about entities listed through special purpose acquisition companies. The Securities and Exchange Commission has already been scrutinizing “misleading earnings projections” made by SPAC sponsors. On a relative basis, investor frenzy for SPACs might have declined. However, SPAC business combinations do provide exposure to some quality businesses. Paysafe (NYSE:PSFE) stock

Much of the time, I suspect, analysts who give a bearish take on a particular company do so because they have some level of disdain for it, no matter how minor. But that’s not the case with Novavax (NASDAQ:NVAX). After an initial hesitation for the investment narrative around NVAX stock, I’ve supported its bullish thesis.

Throughout the last year after its initial public offering, Rocket Companies (NYSE:RKT) stock trended in the $20 – $21.50 range. RKT stock peaking on March 2 is an exception. Shares reached $41.10, albeit for less than a day, after the company issued a special dividend. Source: Lori Butcher / Shutterstock.com The announcement squeezed short sellers,

Mortgage originator Rocket Companies (NYSE:RKT) has seen its shares decline in the middle of an otherwise red-hot housing market. The valuation on RKT stock, down more than 24% in the last three weeks, has now actually become quite reasonable. However… Source: Lori Butcher / Shutterstock.com Existing home sales fell 2.7% in April to a yearly

Those who stuck with Roku (NASDAQ:ROKU) stock two years ago received a big payout. I was a skeptic for a long time but that didn’t stop me from trading it bullishly. I could not see how it fit in the migration from traditional to streaming models. Source: Shutterstock Regardless as to how, management proved me

This is the first time I’m writing about Clover Health Investments (NASDAQ:CLOV). And one of the first things that came up in my research was a Hindenburg Research report that explains some, but not all, of the decline in CLOV stock. Source: Shutterstock However, since this is the first time I’m looking at the company, I’m going to put that

Workhorse (NASDAQ:WKHS) has spent a lot of time in the headlines over the past year. At first, investors were thrilled. Being among the finalists for a massive U.S. Postal Service (USPS) contract lit the EV maker’s stock on fire. From February 2020 to February 2021, WKHS posted a phenomenal 1,260% gain. However, that rapid growth was

Since the start of May, tech stocks, including many so called “Reddit stocks,” have trended lower. The cause? Namely, fears of rising inflation. Related to this has been worries the Federal Reserve will do a 180 on its near-zero interest-rate policy. On top of this, other factors have contributed to increased uncertainty. Some have speculated

Oatly (NASDAQ:OTLY), the Swedish producer of oat milk, was a hit at its May 20 initial public offering (IPO). OTLY stock was priced at $17 but had its first public trade at $22.12. It then fell during the day to finish at $20.20. The shares came roaring back overnight, opening at $22.20. Source: Katrinshine /

MindMed (NASDAQ:MNMD) stock may be up over 665% over the past twelve months. But, is this psychedelics play on the verge of taking off once again? Source: Shutterstock As InvestorPlace’s William White reported May 17, the company has made big progress with the Food and Drug Administration (FDA), regarding one of its key initiatives, Project

Bill Ackman, the CEO of Pershing Square Tontine Holdings (NYSE:PSTH) has been in the news quite a bit lately. According to Barron’s on May 17, Ackman was “cautiously optimistic” that PSTH stock, a special purpose acquisition company (SPAC), could end up reaching a merger deal soon. What’s more, Ackman’s investment firm “bought a roughly 6% stake”

Now that the merger with Aphria has passed, does it make sense to purchase Tilray (NASDAQ:TLRY) stock? That’s the basic question for which investors are seeking an answer.  Source: Jarretera / Shutterstock.com For investors who want to establish a position in Tilray now, they’ll be making a bet that its U.S. consumer packaged goods (CPG)

Is Northern Dynasty Minerals (NYSEAMERICAN:NAK) stock a gamble worth taking? On one hand, if this junior miner is able to proceed with its Pebble Project in Alaska, it could possibly reap tremendous windfall. On the other hand, there’s little chance of this project getting the green light. Source: allstars / Shutterstock.com Why? Chalk it up

Could industrial giant General Electric (NYSE:GE) be the “comeback kid” even though it’s an old company? For years, GE stock holders have looked to CEO Larry Culp in hopes of an epic comeback for this American manufacturing icon. Source: JPstock/Shutterstock.com Part of Culp’s plan has been to streamline General Electric, focusing on the aviation segment and

At the end of last month, shares of Clover Heath Investments (NASDAQ:CLOV) rallied from a “multiple bottom” signal. This is one of many Reddit stocks that demonstrated a classic short squeeze in the last few months. Reddit is a forum whose subgroup (or sub-reddit), WallStreetBets, caters to the speculative trader. The subreddit rose to the

Back when the Texas winter storm hit, that one event could possibly not have been worse for businesses exposed to the electric vehicle industry. With the grid down, electric transportation dependency became a liability. But now, the narrative may be turning favorable for EV-related companies like TPG Pace Beneficial Finance (NYSE:TPGY). That would be welcome

It’s difficult, I’ll admit, to ignore Elon Musk. He’s a consummate showman and pitchman, and when he tweets about Dogecoin (CCC:DOGE-USD), people listen and usually the Dogecoin price moves quickly. Source: shutterstock.com/Igor Igorevich Musk has posted numerous attention-getting (or should I say, attention-seeking) statement about the Shiba Inu-faced coin. One of his most famous tweets declared,

As a treatment for mood disorders, psychedelics-inspired medicine isn’t quite in the mainstream yet. Undoubtedly, Compass Pathways (NASDAQ:CMPS) and CMPS stock holders would like to see more progress in this area. Source: luckakcul / Shutterstock.com It won’t be a quick or easy path to full decriminalization. Psilocybin, an active ingredient in what some folks might informally

Back in late 2018 when the pot stock boom was in full effect, traders spoke of Canopy Growth (NASDAQ:CGC) with reverence and traders furiously bought up shares of CGC stock. Source: Shutterstock Then, in 2019 the boom morphed into a bust and suddenly, marijuana stocks weren’t so popular. Traders weren’t buzzing about Canopy Growth as much.

Hyliion (NYSE:HYLN) has some intriguing products and a significant amount of potential. Still, the company is facing several meaningful risks, while the valuation of HYLN stock remains elevated. Source: Hyliion media Additionally, investors remain skeptical about growth stocks in general and electric-vehicle stocks in particular. Based on the company’s elevated risk and high valuation, along

Although it probably didn’t get as much airtime as the bars and restaurant industry, the apparel sector was one of the hardest-hit segments during the pandemic. And those that specialize in intimate apparel such as Naked Brand (NASDAQ:NAKD) fared especially poorly. Let’s face it: people mainly cared about apparel from the waist up during the

Often drawing comparisons to Amazon (NASDAQ:AMZN) for its utter dominance in its native South Korean market, Coupang (NYSE:CPNG) stock was one of the hotly anticipated initial public offerings. Source: Ki young / Shutterstock.com Thanks to significant backing from SoftBank (OTCMKTS:SFTBY), which owns 35.1% of CPNG through the telecom and tech giant’s Vision Fund, it’s easy

Shares of clinical-stage biotech company Vaxart (NASDAQ:VXRT) have cooled off considerably after gaining about 1,500% last year. However, it’s still plodding along in developing its oral Coronavirus vaccine candidate, which could enter its second phase by the middle of this year. Many would argue that VXRT stock is a little late to the party, but

Over the last year, Amazon (NASDAQ:AMZN) stock has been inside a bouncy castle. Its trading range has been between $3,000 to $3,500 per share. AMZN stock opened May 17 at $3,232 — squarely in the middle of the range. Source: Jonathan Weiss / Shutterstock.com At that price, you’re paying 52.5x earnings to own AMZN stock, which

Though it may not seem like it given the push to develop advanced batteries for the electric vehicle revolution, the search for a superior powerplant is a decades-long dance. Indeed, the main structure of the battery hasn’t changed much since its invention. But that’s exactly what QuantumScape (NYSE:QS) would like to change. QuantumScape claims that

Due to the dramatic rise and integration of e-commerce, it’s no surprise that many companies have set their crosshairs on Amazon (NASDAQ:AMZN). Despite multiple attempts at its dethroning, Amazon remains the benchmark of dominance and consistency. In that context, online retailer Coupang (NYSE:CPNG) seems doomed to be another face in the crowd. Still, CPNG stock

As we’re watching new infections of the novel coronavirus come down from their peak earlier this year, multiple businesses are anxiously holding their breath. But perhaps no sector wants a return to normal more so than lodgings and hospitality. That includes technology firm Airbnb (NASDAQ:ABNB). Pre-pandemic, ABNB stock was a hotly anticipated initial public offering.

Tilray (NASDAQ:TLRY) will hold a shareholder meeting on April 14 to vote on its proposed merger with Aphria (NASDAQ:APHA). In effect, it will be a reverse merger. Aphria shareholders will end up controlling the total TLRY stock outstanding. The combination will make Tilray as the surviving company the largest cannabis company. It will also likely

While we’ve seen some crazy moves over the trailing year, one company I didn’t expect to light up the performance leaderboard is Ocugen (NASDAQ:OCGN). True, it’s under fire right now, but let’s look at the broader context. On a year-to-date basis, OCGN stock is up over 270%, currently priced just below $7. That’s a huge

Opportunities. Source: Shutterstock That’s the key word for today. And let me tell you … there are a lot of them right now. On today’s new episode of MoneyLine, I share multiple opportunities popping up in a variety of investment trends. They’re being created by everything from the blow up of a $20 billion hedge