Stocks to buy

In a seismic blow to gun control advocates, Judge Roger Benitez, a nominee to the federal bench under former President George W. Bush, struck down California’s 32-year old assault weapons (AW) ban. Stating that the ArmaLite AR-15 represents “fairly ordinary, popular, modern rifles,” Benitez declared limiting such access to civilians unconstitutional. Naturally, this has huge implications
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Among all the speculative financial instruments on the market, Special Purpose Acquisition Companies, or SPACs, are the riskiest. Fortunately, however,  Fisker (NYSE:FSR) is one former SPAC whose business model is attracting investors. FSR stock has rebounded from its mid-May low of $10 to $18.65 this afternoon and could head higher in the long-term. Source: T. Schneider
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Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw the recent rally in its shares halt briefly this week. After ending the day at $43.68 on Jun. 7, NIO stock slightly slipped. The catalyst seems to have been May’s vehicle delivery update, which reported that volatility in semiconductor supply had impacted production for several days. Since then,
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Beyond Meat (NASDAQ:BYND) stock will likely move higher over the next year as the foodservice segment of its total sales recovers. This is the inevitable conclusion from the plant-based meat company’s recent Q1 earnings release on May 6. As a result, I estimate that BYND stock is worth at least 50% higher at $224.13 over
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Tesla (NASDAQ:TSLA) is the poster-child of the EV revolution. Nio (NYSE:NIO), on the other hand, has always been the little brother stuck living in Tesla’s shadow. But now, the little brother is taking the reigns and driving leading the EV charge, and Nio stock is beginning to reflect this shift in dynamics. Source: xiaorui /
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The meme stock phenomenon has made a comeback, and it’s taken pot plays like Tilray (NASDAQ:TLRY) along for the ride. Up around 30% in the past month, could TLRY stock see renewed interest from retail investors on Reddit’s r/WallStreetBets forum? Source: Shutterstock That may be wishful thinking. The meme stock resurgence, which has mostly powered
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Consumers are demanding more clean energy, and investors are paying close attention to the global transition to renewable resources. The environmental, social and corporate governance (ESG) sectors are growing in response. As the oil industry faces criticism for environmental concerns, investors who are looking for energy stocks should consider buying these seven ESG stocks in
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Last week, we sent shockwaves throughout the financial community and Tesla (NASDAQ:TSLA) stock holders, when we wrote that electric vehicle startup Lucid Motors,  which is going public through a SPAC merger with Churchill Capital Corp IV (NYSE:CCIV), was going to eat Tesla’s lunch in the premium EV category. Apparently, we even caught the attention of
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Snowflake (NYSE:SNOW) stock is one of the most interesting names in the tech space. The company was one of the largest software initial public offerings (IPOs) of all time when it came out last year. And traders initially warmed up to SNOW stock, with the share price more than doubling after its debut. Source: rblfmr
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Could app-based dating be the ultimate Covid-19 pandemic recovery trade? That’s a question that prospective Bumble (NASDAQ:BMBL) investors should consider, as BMBL stock hasn’t exactly been a blockbuster success in the past couple of months. Source: XanderSt / Shutterstock.com The Austin, Texas-based company has an interesting backstory. As I learned from InvestorPlace contributor Thomas Yeung, Bumble CEO Whitney
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General Electric (NYSE:GE) has some serious fundamental baggage it’s carrying around, but you’d have to be blind to miss the beauty of its price trend right now — especially after last Thursday’s super spike. Buyers rushed in to jam prices higher by 7%. Volume patterns for GE stock validated the strength, with nearly 200 million
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Digital banking firm SoFi Technologies (NASDAQ:SOFI) completed its SPAC merger with Social Capital Hedosophia Corp today, meaning that SoFi — which formerly traded under the ticker symbol ‘IPOE’ — is now officially a public company trading on the Nasdaq under the symbol “SOFI.” Wall Street cheered the news, and sent SOFI stock up more than
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Editor’s Note: This article was updated on June 1 to correct the exchange that SOFI stock will trade on. Thanks to a mega-merger with Chamath Palihapitiya’s Social Capital Hedosophia Holdings V, SoFi (NASDAQ:SOFI) stock starts trading today on the Nasdaq. Source: rafapress / Shutterstock.com Shares of Chamath’s SPAC, or special purpose acquisition company, rallied close
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