Let’s cut to the chase: AMC Entertainment (NYSE:AMC) stock is wildly overvalued. In fact, speculators are paying twice as much for AMC stock now as they were even during the fall of 2017. But AMC’s business prospects have dramatically dimmed since then. Source: Helen89 / Shutterstock.com Actually, AMC stock traded for $15 or so back
Stocks to sell
Ocugen (NASDAQ:OCGN) is a biotech stock that has made headlines based on news of a vaccine, and mostly on its stock price surge. With a 52-week range of 17 cents – $18.77 per share, it is no wonder why so many are impressed by the stock. Investing $1,000 in OCGN stock one year ago would
“Meme stock mania” may have cooled down. But, over-hyped Genius Brands (NASDAQ:GNUS) stock continues to trade at an inflated valuation. The children’s entertainment company faces big hurdles. Not only does it face competition from the still-dominant media conglomerates. Big tech’s moves into streaming make it tough to compete as well. Yet, investors continue to overestimate
Colorado-based cryptocurrency miner Riot Blockchain (NASDAQ:RIOT) appointed board member Jason Les as its chief executive officer on Feb. 8. RIOT stock has more than doubled since the company appointed the Bitcoin (CCC:BTC-USD) expert to be its leader. Source: Shutterstock While the stock pulled back in recent days, it’s still up more than 90% since that
Although Clover Health (NASDAQ:CLOV) has great potential, allegations against the company by a research firm make CLOV stock too risky to buy or hold at this point. Source: Shutterstock The allegations were made by Hindenburg Research in early February. Hindenburg has shorted stocks that it issued reports about it in the past. When it issued
There is a somewhat compelling argument for Naked Brands (NASDAQ:NAKD) stock as an investment. That’s because it is one of the brands caught up in the conversations on r/wallstreetbets . Source: Tinseltown / Shutterstock.com For investors, the question seems to be whether a few recent moves by Naked Brands are likely to propel NAKD stock
Tattooed Chef (NASDAQ:TTCF), the plant-based frozen food company which makes ready-to-cook bowls, produced strong results for the fourth quarter and 2020. But TTCF stock still looks to be fully valued, even though it has come down a bit from its recent peak. Source: Shutterstock TTCF stock went public via a SPAC deal last year and
With the shares of electric-vehicle stocks plunging, now is not a good time to buy Churchill Capital Corp IV (NYSE:CCIV) stock. Source: Pasuwan/ShutterStock.com On Feb. 22, confirming a long-running rumor, Churchill Capital, a SPAC, disclosed that it would merge with Lucid Motors. A luxury EV maker run by a former chief engineer of Tesla (NASDAQ:TSLA),
The previous lack of successful biofuels in developed nations and Gevo’s (NASDAQ:GEVO) high valuation are both factors that make me cautious on GEVO stock. The company develops low-carbon renewable fuels from plant sugars, but I’m not sure it’s a sustainable buy. Source: PhotographyByMK / Shutterstock.com Other worrisome trends for the stock include the apparent lack
Naked Brand (NYSE:NAKD) has given investors a thrill lately. NAKD stock went from literally selling for pennies at the beginning of the year all the way up to $1.35 at the time of writing. But it seems like the moment has passed, although the stock is still holding above the psychologically important $1 level. Source: Shutterstock
Given a recent negative article in Consumer Reports on DNA testing for consumers — as well as mixed reviews on 23andMe — I recommend avoiding VG Acquisition (NYSE:VGAC) and VGAC stock at this point. Why? Right now, VGAC’s valuation is quite high. Meanwhile, the barriers of entry in consumer DNA testing appear to be relatively
At the beginning of December, TransEnterix (NYSEAMERICAN:TRXC) had a market capitalization of about $46 million. And with volatile drops between 20%-30% early morning of Feb. 23, TRXC stock’s inflated market cap is finally popping. But despite today’s carnage, it’s still up tenfold from December. Source: Shutterstock The obvious question is: what changed? And the answer
Marathon Patent Group (NASDAQ:MARA)has climbed nearly 200% in 2021. And going back to Dec. 2020, MARA stock is up approximately 400%. The reason for the mania surrounding this crytocurrency mining stock is Bitcoin (CCC:BTC:USD) which is up nearly 150% in the last three months. Source: Useacoin / Shutterstock.com Another catalyst for Marathon is that it
Ahead of its earnings report, Tilray (NASDAQ:TLRY) came under some pressure. Note that TLRY stock fell about 9% or so. Then again, many other cannabis stocks fell as well. Source: Jetacom Autofocus / Shutterstock.com But volatility is nothing new for Tilray. For the most part, Wall Street liked the performance for the quarter. Revenues rose
There’s a lot to be said about dividend stocks that’s positive. The companies they represent are shareholder friendly. They are usually issued by companies with a long-term view of the markets and growth in their sector. They offer income in a world bereft of decent traditional dividends. But there’s also another side to these stocks.
After Palantir (NYSE:PLTR) reported another quarterly loss on Feb. 16, I remain quite skeptical about the company’s medium-term outlook and its profitability. As a result, I continue to urge investors to sell PLTR stock. Source: Sundry Photography / Shutterstock.com Palantir reported a fourth-quarter earnings per share loss of 8 cents, versus analysts’ average estimate of
Until a few months ago, it was a given that Naked Brand (NASDAQ:NAKD) would file for Chapter 11 soon. However, Reddit changed the equation. As several posts on r/WallStreetBets encouraged users to buy NAKD stock, the share price made a miraculous recovery. Source: Shutterstock It’s an interesting time for investors. The wild swings in stocks
The new year has started on a high note for investors in Aurora Cannabis (NYSE:ACB) stock. Year-to-date (YTD), ACB stock is up over 48%. By comparison, the S&P 500 index is up by about 4.3%. Source: Shutterstock Over the past several months, hopes for U.S. federal legalization of cannabis under President Joe Biden have provided
With so much intense interest in finding the next big trade, it may come as no surprise in some circles that Ocugen (NASDAQ:OCGN) has been one of the most staggeringly robust winners in memory. Since Dec. 21 of last year, OCGN stock has gained over 3,400%. Indeed, it wasn’t too long ago that shares were
Name an American company that is a headphone innovator and whose phenomenal stock growth has been making headlines. I bet Apple (NASDAQ:AAPL) is probably at the top of your list. However, in 2021, Koss Corporation (NASDAQ:KOSS) has been bigger news than Apple. At least so far. Source: SiljeAO / Shutterstock.com Thanks to the infamous traders
One aspect of our lives that was undergoing significant change before the novel coronavirus pandemic hit continues to evolve. Media stocks used to be television and radio station conglomerates that owned stations around the country. There were also cable companies that were running the parade of cable-infused services that were very popular a couple decades
When Sundial Growers (NASDAQ:SNDL) spiked to $3.96 last week on strong volume, the jump looked too good to be true. By the end of the week, the extraordinary jump proved short-lived. SNDL stock closed at around $2. Source: Shutterstock How did a stock with a short interest of under 6% spike? The stock did not
Already trending higher thanks to improved U.S. pot legalization odds, Tilray (NASDAQ:TLRY) stock popped tremendously on Feb 10. After surging 40.8% on the previous day, the shares surged again, jumping from $42.35 to above $67, before ending the day at $63.91. Source: Jarretera / Shutterstock.com However, while the mania produced high profits for early buyers
Gevo, Inc. (NASDAQ:GEVO) the Colorado-based renewable jet fuel producer, now has over $534 million in cash in the bank after it raised a net $321.7 million recently. This represents about 21% of its market value of $2.47 billion. But GEVO stock is likely to float down over 57% from here. Source: Oleksiy Mark / Shutterstock.com
Pot plays like Hexo (NYSE:HEXO) stock may have seen wild moves as of late, courtesy of Reddit traders. After the recent “blue wave” election results, things look more favorable for this space. U.S. legalization odds have improved. Both factors have some interested in this stock once again. But keep in mind that its many negatives
Artificial intelligence (AI) sounds vague, but the reality is it is just a computer that mimics human cognition. This allows it to be used in areas like robotics, machine learning, linguistics, and even psychology and philosophy! It’s also why AI is for more than a tool for just the tech sector. Source: Phonlamai Photo /
“Short-squeeze stocks” may be coming back to earth. But retail investors remain hot for “meme stocks.” And that’s the situation here with Sundial Growers (NASDAQ:SNDL) stock. With retail traders on Reddit’s WallStreetBets and other online platforms hyping it up, this “also ran” pot play has seen its shares take off significantly so far this month.
Is the stock market a casino? As a financial analyst, I believe that the stock market is not what a casino represents. The common factor is risk. But in a casino, you simply make bets, have no expectations but simply want to have fun, and the odds of losing your money are close to 100%.
TransEnterix (NYSE:TRXC), which develops robots used in surgeries, has a chance to become a great company. Unfortunately, the medical-device maker’s relative weakness in the U.S., its tough competition and its low revenue prevent me from recommending TRXC stock at this time. Source: Phonlamai Photo / Shutterstock.com TransEnterix has developed a few revenue-generating niches that let
There are really not a lot of secrets in stocks anymore. At one time, a company like Foresight Autonomous (NASDAQ:FRSX) may have traded under the radar. But that’s not the case in 2021; the company is well-known by the trading community and FRSX stock has delivered the gains to prove it. Source: Olivier Le Moal