Investing in growth stocks can be risky, especially for those migrating into new markets or turnaround ventures. Personally, I’ve experienced losses from such endeavors. Amid rising interest rates, caution is advised for overpriced growth stocks. Despite recent declines, their valuations remain risky. Two factors contribute to their potential downfall: further interest rate hikes and underwhelming
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As the EV landscape shifts, investors considering Lucid Group (NASDAQ:LCID) stock for its recent strong performance have been rewarded. Momentum has taken LCID stock on a bumpy, but upward ride this year. And while Lucid has seen its valuation come down from its peak in Q1, there are reasons some investors remain very bullish on
In this article MQ DKNG PENN AKAM RIVN TWLO RBLX LYFT BMBL Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Roblox — Shares tanked 20% after the online gaming platform fell short of second-quarter estimates. Roblox reported a loss of 46
As the Nasdaq starts to plateau and more economists signal volatility ahead, it might once again be time to look for a port in the storm. Last year, investors that bought into the safest stocks had solid insulation from the widespread market selloff. In most cases, such investors were able to outperform the broader market, simply
With hopes for lower interest rates and normalizing economic conditions, real estate investment trusts (REITs) have been moving higher. However, as macro uncertainties mount, there are now plenty of REITs to avoid in August. After all, REITs are highly sensitive to interest rates (rising when rates fall, sinking when rates rise). Plus, if it turns
In 2014, Massachusetts-based T2 Biosystems (NASDAQ:TTOO) went public at $11 per share. Expectations were high for the young startup. Its sepsis-detecting products targeted a $20.3 billion industry, and T2’s Magnetic Resonance Platform (T2MR) was potentially game-changing. Shares would quickly rise to a pre-split $23. The product, however, would prove a dud. In 2020, most of
In this article SONO TTD ILMN APP WYNN DIS Follow your favorite stocksCREATE FREE ACCOUNT An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. Yousef Saba | Reuter Check out
Earlier this summer, President Biden announced that his administration would spend $42 billion through the Broadband Equity Access and Deployment (BEAD) program to ensure that “every person in America” had internet access by 2030. And, of course, there are some obvious stocks that will benefit from the broadband plan. “It’s the biggest investment in high-speed
It’s been a difficult year for many investors to digest. Despite higher interest rates, the economy looks strong, with employment figures continuing to remain robust. In fact, unemployment levels are near historic lows, suggesting the bear market that took place last year perhaps shouldn’t have happened. That said, there are clear reasons for investors to
Bloom Energy (NYSE:BE) stock is puzzling. Th company continues to grow its hydrogen fuel cell business but it has yet to see a profit. The second quarter report is typical. Bloom announced on Aug. 3 that second quarter sales were up nearly 24%, compared to the same quarter a year ago. But there was still
In this article PNC MTB BYND PLTR IFF Follow your favorite stocksCREATE FREE ACCOUNT Getty Images PNC Financial, Citizens Financial, M&T Bank — Regional bank stocks were broadly under pressure on Tuesday after Moody’s downgraded the credit in several smaller institutions. The ratings agency also said some larger banks were under review for a downgrade.
The month of August begins and with it I bring you three energy stocks with growth potential that are developing innovative projects and incredible energy processing methods. You will notice something peculiar. Some of them are working together on the same energy project. It is incredible that large companies will collaborate with each other for
The retail space can be unpredictable even at the best of times, so these retail stocks are definitely ones to avoid in the current environment. Debt levels have grown to uncomfortable levels for many of the sector’s players, and with rates rising and consumers tightening their purse strings, many retailers are between a rock and
Investors should expect a steep selloff among artificial intelligence stocks, as Wall Street cashes in on the high valuations many companies in this sector provide. On the other hand, some high-potential AI names remain overlooked, and the recent AI craze has done little to uplift their valuation. Thus, as the rally cools, smart investors will
In this article PENN AXON LYFT BMBL TWLO SMCI RIVN TTWO Follow your favorite stocksCREATE FREE ACCOUNT People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines after hours. Rivian
I have long believed that consumers, who have skimped on buying goods and splurged on travel for over a year, would start to reverse those trends in the second half of 2023. Recently there were two signs that my prediction is coming true. Specifically, Intel (NASDAQ:INTC) reported that the sales of PCs were starting to
By now, you’ve likely heard about ongoing strikes affecting entertainment stocks. After actors joined the writer picket lines, most entertainment stocks fell sharply. The fallout was broad, affecting legacy media franchises and streaming platforms alike. But continuing strikes aren’t all that’s suppressing entertainment stocks, and the future is bleak for legacy companies reliant on cable
Last week, meme investors “discovered” Rite Aid (NYSE:RAD), sending its shares up 70%. The Wall Street Journal would quickly give the company a meme stock crown. For most traditional investors, Rite Aid looks like a terrible bet. The struggling drug retailer hasn’t been profitable since 2017, and a deal five years ago to sell 1,932
In this article PYPL CNK PLTR SOVO CPB BRK.A TSLA Follow your favorite stocksCREATE FREE ACCOUNT Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | via Reuters Check out the companies making headlines in midday trading.
Despite ongoing economic challenges, recent reports from various electric vehicle (EV) manufacturers have revealed resilient EV sales. Enhanced by government incentives and manufacturer price reductions, EV sales in the U.S. surged by 50% to 557,330 units during H1 2023, constituting 7.2% of total vehicle sales. However, this growth pace is slower than the 71% increase