Stock Market

Since coming public via a direct listing in September, Palantir Technologies (NYSE:PLTR) has been on a wild ride. Consider that PLTR stock has gone from around $10 to a high of $45. Source: Sundry Photography / Shutterstock.com But lately, things have gotten choppy. Consider that PLTR stock is now trading at $23.96, with the market

After a long drought, Gevo (NASDAQ:GEVO) has seen its shares surge in value over the past four months. Reduced to penny stock status last summer, GEVO stock suddenly caught fire in November. After closing at $14.61 on Feb. 12, shares in this biofuels company gained 1,390% since Election Day. President Joe Biden’s green energy plan is

A lot of people claim to be the #1 Stock Picker in America… But few can back it up like Luke Lango. He’s #1 according to one of the most widely recognized financial ratings companies in the world. He beat out nearly 15,000 experts to claim that title. Luke’s the guy who uncovered peak gains

The S&P 500 closed within a few ticks of all-time highs on Wednesday before taking a hit the next day. But it sure doesn’t feel that way for investors who have been making consistent money in high-growth sectors and stocks. Source: Shutterstock On today’s new episode of MoneyLine, I dive into the recent pullback in

Hyliion (NYSE:HYLN) announced its earnings on Feb. 23, showing that the company had installed 20 truck hybrid electric vehicle (EV) units in 2020 as expected. But HYLN stock will move up or down in 2021 depending on how well it executes its commercialization plan. Source: Shutterstock This execution has to occur in 2021. HYLN will

Clover Health Investments Corp. (NASDAQ:CLOV) has fallen to $9.71 as of Feb. 24 from $15.90 on Jan. 8 when its SPAC (special purpose acquisition company) merger closed. On Feb. 4, Hindenburg Research came out with a scathing research short report on CLOV stock and its founders and promoters. Source: Shutterstock I believe that the stock

On Feb. 23, Churchill Capital Corp IV (NYSE:CCIV) plunged on the news of its merge with Lucid Motors, a U.S.-based luxury electric vehicle (EV) maker. Now, InvestorPlace’s investment analyst Luke Lango believes this drop is a once-in-a-lifetime buying opportunity for CCIV stock.  Source: Nick Starichenko/InvestorPlace.com It may very well be. But it also might be

Microsoft (NASDAQ:MSFT) is firing on all cylinders. But MSFT stock still looks expensive. Source: Shutterstock Microsoft opened for trade Feb. 24 at about $230 per share. That’s a market cap of roughly $1.75 trillion on estimated fiscal 2021 revenue of $164.2 billion.  The trailing price-earnings ratio is near 35. There’s nothing wrong with the company.

The pandemic has had a huge impact on the media and entertainment industry across the world. According to a report from Pricewaterhouse Coopers, cinema revenue will see the sharpest contraction in at least two decades. As per the report, the revenues for the cinema industry are not expected to recover to the pre-pandemic level until

Over the weekend, I was doing research on large-cap stocks and noticed an important detail: buying pressure is dissipating on otherwise good stocks with positive sales and earnings. Source: madamF / Shutterstock.com One example right now is Facebook (NASDAQ:FB). In its fourth-quarter announcement on January 27, the company reported earnings of $3.88 per share, which was

Aviation companies aren’t as hot as they were in the back half of 2020 as the Covid-19 pandemic has been stubbornly persistent. With the emergence of variant strains comes more challenges for American Airlines (NYSE:AAL) and its peers in the airline industry, along with a sense of hopelessness for some AAL stock holders. Source: GagliardiPhotography /

Many analysts believe the stock market is about to go lower. They cite the recent bubble characteristics that are occurring in different areas of the market as proof. These include the GameStop (GME) frenzy, the parabolic rally in penny stocks and the cryptocurrency craze. All stock market peaks have common characteristics, and one of them is

New Brunswick-based cannabis company OrganiGram (NASDAQ:OGI) recently made news when it appointed Marni Wieshofer as its first U.S.-domiciled director. While it did little to move OGI stock, the appointment deserves closer scrutiny.  Now before you get all accusatory about my implication, it’s not for the reason you think. While I don’t know Ms. Wieshofer, her

Tilray (NASDAQ:TLRY) just reported its Q4 and full-year 2020 earnings on Feb. 17. The most important news was that the company finally was able to achieve EBITDA (earnings before interest, taxes, depreciation,and amortization) profitability. This news, along with the upcoming merger with Aphria (NASDAQ:APHA), could push TLRY stock up over the next year. Source: Jarretera

Overall, “5G” could be one of hottest buzzwords of the year. And that, in turn, makes 5G stocks a major topic of discussion. After all, according to Cowen & Co. analyst Colby Synesael, it will “usher in this revolution and have a ‘game-changing’ impact on society. Certainly, there are already several technologies including artificial intelligence,

The pandemic has forced many of us to change the way we shop these days, bringing more and more folks online to carry out their purchases. Source: Shutterstock Evidence for the growing trend was abundant during the holidays. For instance, e-commerce sales reached the $100 billion mark from Black Friday through Cyber Monday in 2020

As the price of Bitcoin (CCC:BTC-USD) continues to climb, so does the price of Marathon Patent (NASDAQ:MARA) stock. The patent troll-turned-crypto miner has seen its shares soar more than 20-fold since November. But is this sustainable for MARA stock? Source: Shutterstock These gains have far outpaced even Bitcoin’s impressive run during the same period. As

It was an up-and-down session that’s now mostly flat for the S&P 500. Now, let’s look at a few top stock trades for next week, after this holiday-shortened stretch.  Top Stock Trades for Monday No. 1: Boeing (BA) Four weeks ago, Boeing (NYSE:BA) tested down into its 21-week moving average, then caught a sharp bounce

Stocks were mixed today, with small caps leading the way higher while the large caps lagged behind. That was the theme of the week. But even as money rotated out of some of the hottest sectors, the major indices remain very close to all-time highs. Source: Shutterstock We’ll talk about the rotation we’re now seeing

Naked Brand Group (NASDAQ:NAKD) has been in trouble for years. However, the situation turned truly grim in 2020. The company was forced to sell its namesake “Naked” brand, closed down its U.S. stores, losses escalated, shares hit penny stock levels, and NAKD stock was threatened with de-listing. Source: Shutterstock The pandemic didn’t help the situation,

It’s human nature to take things for granted, even if unintentionally. Source: Shutterstock Water comes out every time you turn on the faucet. Lights turn on every time you flip a switch – or command your voice assistant to turn them on. Only when those things we take for granted are taken away do we

One of the hottest investment trends today is investing in special purpose acquisition companies (SPACs). Churchill Capital Corp IV (NYSE:CCIV) has seen CCIV stock surge from $10 per share in early January to about $58 per share today. Source: ggTravelDiary / Shutterstock.com Should you consider CCIV stock now after this price appreciation? My investment thesis

For nearly two decades, my goal has been to find the next big winners in the stock market. Source: Shutterstock That does not mean taking on an inordinate amount of risk. I dig deep for stocks with a high probability to increase in value … and a high potential for huge gains. Stocks that can

Special purpose acquisition (SPAC) stocks have been known to fly to the heavens, especially when there’s an electric vehicle angle involved. Therefore, the next high flyer could be TPG Pace Beneficial Finance (NYSE:TPGY) because, as we’ll discover, TPGY stock fits into the electric vehicle SPAC stock category. Source: Shutterstock Don’t get the wrong idea, as

The rising e-commerce platform created by Shopify, Inc. (NYSE:SHOP) has been firing on all cylinders lately, and for good reason. Source: Burdun Iliya / Shutterstock.com Online buying and selling has accelerated through the pandemic as folks are forced to handle more of their shopping and small business needs online. Shopify, in particular, has moved fast to

Canopy Growth (NYSE:CGC) and its cohort had a tough week last week. It started with a big bang for CGC stock, but then it crashed mid-week. It closed off the bottom Friday but the drop from high to low was 30%. My contention today is that it is still too early to catch the falling

The blowout rally in Bitcoin (CCC:BTC-USD) continues. As I write this, the best-known and most-valuable cryptocurrency trades above $47,000, down modestly from an all-time high set on Thursday morning. Source: Shutterstock Bitcoin now has roughly tripled since November, and rallied more than 50% this year. And the optimism makes some sense. Notably, corporations are increasingly

On Jan. 20th, Hims & Hers Health (NYSE:HIMS) announced that it will begin trading on the New York Stock Exchange as HIMS stock. How? Well, the company did this by using a Special Purpose Acquisition Company (SPAC). That is, there was a merger into the shell company Oaktree Acquisition Corp. Source: Lori Butcher / Shutterstock.com

Controversial Palantir (NYSE:PLTR) stock is up 236% in three months, prompting overvaluation concerns. I have written a couple of times on the company. It’s no secret that I am bullish on PLTR stock, considering the business model and its client list. However, shares are trading at 303 times forward price-to-earnings, and there is no shortage

Lion Electric, which manufactures electric vans and buses, has agreed to merge with Northern Genesis Acquisition (NYSE:NGA) a special acquisition company (or SPAC), by the end of the current quarter. Given the high valuation of NGA stock, along with the tough competition that Lion will face, the fact that it has not yet made very