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
Stocks to buy
This past week, I told subscribers about the number one meme stock to buy today for a big near-term breakout. I said this stock could end up being the next GameStop… or the next AMC… or the next Clover… all of which managed to soar several hundred percent in a matter of weeks. Since then, that
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
At first glance, Rocket Companies (NYSE:RKT) looks like a sure-fire trading pick. It has a great name, tons of meme energy and solid fundamentals, as well. Rarely do you get the combination of both the Reddit crowd and a strong business with excellent earnings and prospects as well. And yet, RKT stock has failed to launch.
When it comes to buying stocks to grow your investments, there are hardly any guarantees. Great rewards come with great risks. Readers may avert much of the inherent downside with screaming stock opportunities. For example, the price paid may lower the risks by giving investors a bigger margin of safety. So, if investors pay for
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,
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
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 /
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
Tech stocks were among the big winners in 2020, a year to remember for the historic U.S. stock market crash in March. And the fast comeback of equities that took place ever since and resulted in a year of great volatility for investing in stocks. Moreover, Reportlinker.com recently published a report titled “Global Enterprise Software
These are the most interesting times on Wall Street. We’ve never had this set of circumstances, so no one can claim to be an expert. In addition, the indices are at all-time highs, so it’s hard to find cheap stocks to buy. This is a near perfect Goldilocks situation because of all the stimulus. There
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
Apex Technology Acquisition Corp (NASDAQ:APXT), a SPAC (special purpose acquisition company) still hasn’t closed its merger with AvePoint. I wrote about this on March 24 and developed a model to value AvePoint. My price target for APXT stock was $15.34 (the new symbol will be AVPT). I still have this target price and in fact, have
GameStop (NYSE:GME) is up 85% over the past month through June 8. GME stock now has a market capitalization of $21 billion. It is unquestionably the King or Queen of Reddit stocks. Source: Shutterstock / mundissima If you’re thinking about buying GME around $300, I implore you to consider buying Williams-Sonoma (NYSE:WSM) before you do.
Inflation concerns are one of the most relevant issues related to the economy currently. As the U.S. shifts into the post-pandemic era, it seems that inflation is an unavoidable buzzword in almost all economic discussions. There are several indicators pointing to the idea that inflation is indeed coming to be. The OECD reported that in
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
Online sports betting companies are changing the way people experience sports. DraftKings is a daily fantasy sports company that has made the most of the pandemic. Through its suite of applications, it has gained a large market share and has become a prominent name in the sports betting industry. With online betting and iGaming legalization
Hurricane season is not for the faint of heart. It has far-reaching negative implications for the broader economy and the investment world. But there are companies out there that actually benefit from the season. So, it is not surprising that many people seek out the best stocks to buy to profit during this time. We
Should traders and investors buy SoFi Technologies (NYSE:SOFI) stock? As a short-term trade, the shares may be profitable. This name, which merged with the SPAC known as Social Capital Hedosophia Holdings V, could attract enough buyers to bounce back towards its all time high of around $28 per share. Source: rafapress / Shutterstock.com SoFi stock
As Bitcoin (CCC:BTC-USD) turns 10 years old, there is a temptation to do away with the “wild west” narrative. However, wild oscillations prevent me from pushing this narrative. Still, it’s nice to know there are companies like Coinbase (NASDAQ:COIN) that offer a beacon of light for those looking for stability. Source: Primakov / Shutterstock.com Coinbase
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
Blackberry (NYSE:BB) could become a bargain stock this year if the company keeps producing large amounts of free cash flow (FCF). Even though BB stock has skyrocketed in the past month, I estimate it could be worth 32% more. That puts its value at $20.91 per share. Source: Paul McKinnon/Shutterstock.com This is based on its
There are investors who follow very specific investment strategies. A good example is several investors or funds just focusing on initial public offerings. Similarly, I have seen investors who focus entirely on turnaround stories. In the recent past, there has been an army of Reddit users who have targeted heavily shorted stocks for a squeeze.
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
Just one month ago I wrote that Roblox (NYSE:RBLX), the gaming “multiverse” company, was worth $109.21 — 45% above the price at the time. As of June 2, RBLX stock was just over $100 and is up close to 30% in the past month. I suspect that the stock is approaching its full value for
Full disclosure: In my Innovation Investor portfolio — which is aimed at investing in the most innovative, disruptive technology companies that are fundamentally changing the way the world works, with the goal of achieving 2X, 5X, even 10X returns — we own Tesla (NASDAQ:TSLA) stock. But I’ve been putting some serious thought into a very big
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
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
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
One of the key plays right now in the market is the so-called “re-opening” stocks. A lot of the stocks hated by investors last year due to the pandemic have now become compelling investment opportunities. One such company is Carnival (NYSE:CCL). The company has seen a remarkable recovery in its stock from the lows of
- « Previous Page
- 1
- …
- 53
- 54
- 55
- 56
- 57
- …
- 63
- Next Page »