Coupang (NYSE:CPNG), a leading South Korean e-commerce company, has developed attractive new services and has decided to expand to multiple, new geographic markets. As a result, I expect CPNG stock to meaningfully outperform the market over the longer term. Source: Ki young / Shutterstock.com What’s more, Coupang’s decision to enter the third-party logistics market should
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FuboTV (NYSE:FUBO) is a bros’ cable replacement service, top-heavy with sports. Source: Lori Butcher/ShutterStock.com It’s a cable replacement. It competes with Alphabet’s (NASDAQ:GOOGL) YouTube TV, Dish Networks’ (NASDAQ:DISH) Sling, ViacomCBS’ (NASDAQ:VIAC) Pluto, Walt Disney’s (NYSE:DIS) Hulu + Live TV, Warner-Discovery’s AT&T (NYSE:T) TV and Philo, owned by a collection of cable operators. Notice anything about that
So far, if you want to wager on the future of solid-state electric-vehicle (EV) batteries, you have few options, and QuantumScape (NYSE:QS) is one of them. Indeed, with plenty of trading volume and press coverage, QS stock has been an obvious choice. Source: Michael Vi/Shutterstock.com On May 21, I offered a hearty recommendation to folks interested
Meme stocks are among the hottest topics on Wall Street. As a result, such shares have seen a significant surge in trading activity, often fueled by social media platforms like Reddit and Twitter (NYSE:TWTR). And because the prices of meme stocks tend to skyrocket in a matter of sessions, the mouthwatering returns seem to attract more and more
The results of soon to be released earnings reports for the major record labels loom. Some investors expect the share prices of these major music stocks — Warner Music Group (NASDAQ:WMG); Sony Music Entertainment, a part of Sony Corp (NYSE:SONY); and Universal Music Group, a part of Vivendi (OTCMKTS:VIVHY), which together dominate the recorded music
When I last wrote about QuantumScape (NYSE:QS) stock in May, I argued why it was way too early to buy it. One month later? That’s still looking to be the case. The electric vehicle battery play was red hot late last year, when it briefly hit prices as high as $132.73 per share. Source: Michael
Over recent articles at InvestorPlace, I mentioned that the narrative for electric vehicles isn’t exactly as clear cut as previously thought. Though EVs may be the future, they’re still awfully expensive. As well, lack of infrastructure is a major challenge. Therefore, my general bullishness in Churchill Capital (NYSE:CCIV) seems contradictory. Wouldn’t CCIV stock succumb to
It’s fair to say that Inovio Pharmaceuticals (NASDAQ:INO) wasn’t the first or most famous entrant into the Covid-19 vaccine race. Nevertheless, there are reasons to be bullish on INO stock. Source: Ascannio / Shutterstock.com It’s unfair to pigeonhole INO stock as “just a Covid stock.” Inovio remains on the cutting edge of DNA science with 15
A meme stock with huge earnings and strong fundamentals? Pretty rare, right? Well, let me introduce you to UWM Holdings (NYSE:UWMC). UWMC stock is the rare one where both Reddit traders and value investors can unite. The shares are cheap, the business is booming and social media is all over the stock. Source: Shutterstock The market
QuantumScape (NYSE:QS) stock supports a next-generation battery technology developer aiming to revolutionize the EV charging sector with solid-state batteries. Source: Michael Vi / Shutterstock.com Despite its pre-revenue status, QuantumScape is well-funded and continues to execute its plans effectively to gain the confidence of its stockholders. Although several risks remain with its business, it is doing
Nikola (NASDAQ:NKLA) is a poster child for the special purpose acquisition company (SPAC) boom and bust of the past year. Nikola rose to prominence in 2020. Investors hoped that Nikola, powered by its charismatic founder, Trevor Milton, could become the next Tesla (NASDAQ:TSLA). For awhile, NKLA stock soared as Milton’s pitch gained more and more
Bed Bath & Beyond (NASDAQ:BBBY) and GameStop (NYSE:GME) are two of the most popular meme stocks of 2021. Barron’s published an article on June 7 suggesting BBBY stock was one of the more popular memes. Source: Shutterstock Flash forward 8 days and the home furnishings retailer doesn’t even make WallStreetBets top 10-list of most-discussed stocks.
Shares of High Tide (NASDAQ:HITI) popped Friday on meme hype, closing at $7.50. Ignore the hype, and focus on the company. Source: Shutterstock Every industry needs a centralized retailer. Centralized retailers offer consistency of price, experience, inventory and convenience. For cannabis, that could be High Tide. High Tide has the potential to transform itself into the “Walmart of
With so much enthusiasm baked into the equities sector, many investors undoubtedly feel that now is a time to consider a risk-off profile. Frankly, I agree with these folks. That said, we’re coming off the (hopefully) worst of the novel coronavirus pandemic. Therefore, others believe that the best days are still ahead of us. If
ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs. Source: YuniqueB / Shutterstock.com The catalyst? There are a few of them — Recharged growth trade on lower bond yields Reinvigorated optimism about EVs and the charging network
There has been quite a bit of analysis and speculation on Dogecoin (CCC:DOGE-USD) so far this year, much of it mostly worthless analysis as the digital coin is not a business with revenues and cash flow. The only question that remains in my opinion is when and how fast Dogecoin returns to zero — or
Workhorse (NASDAQ:NYSE) gained 5.3% today on word that the company is filing a legal challenge to USPS’s contract decision. Back in February, WKHS stock tanked when USPS announced, in a surprising turn of events, that they’d be partnering with Oshkosh (NYSE:OSK) instead of crowd-favorite Workhorse. But this boost won’t undo February’s massive plummet, and it’s
It wasn’t long before marijuana was considered a taboo. Emerging science, however, has altered customer perceptions and has paved a path for its legalization. As a result, the global legal marijuana market continues to expand at an impressive rate. Most recently, PSY (NYSEARCA:PSY), the first psychedelic stock ETF, hit the market. In turn, several psychedelic
It seems that GameStop (NYSE:GME) stock shares are finally coming back down to earth. Its recent earnings report contained a fair amount of positive news, but GME stock’s price is still falling. Source: Northfoto / Shutterstock.com There are multiple catalysts for the movement, but it’s best to summarize the downward momentum as a dose of
Based in Ann Arbor, Michigan, Zomedica (NYSEAMERICAN:ZOM) specializes in veterinary testing and pharmaceutical products. But you don’t have to be a pet lover to trade and profit from ZOM stock. Source: Postmodern Studio / Shutterstock.com As we’ll see, this is one of the most affordable stocks on the market. Moreover, a recent price pullback could offer
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