Stock Market

SoFi Technologies (NASDAQ:SOFI) may be set to become the next PayPal (NASDAQ:PYPL) or Square (NYSE:SQ). But, that’s at least years away from happening. This by itself won’t send SOFI stock soaring in the short-term. A few weeks back, there was a factor that could have helped it surge back near its highs (around $28 per

Paysafe (NYSE:PSFE) stock popped a bit lately due to some social momentum traders taking a liking to it. This momentum won’t last. PSFE stock will fall back down. When it does, buy the dip, because this is actually a pretty solid company with good upside potential. Source: Sulastri Sulastri / Shutterstock.com Paysafe is a digital payments

Virgin Galactic (NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders. Source: Tun Pichitanon / Shutterstock.com This further bolsters SPCE stock’s current out-of-this-world

For a truly exciting biotechnology investment, you might want to consider Bionano Genomics (NASDAQ:BNGO). You’ll find that BNGO stock is a fast mover; it’s been much higher, but also much lower. Source: Shutterstock Therefore, it’s not appropriate for large position sizes. In general, I tend to want to “stay small” with volatile, low-priced biotech stocks. That

Meme-stock traders set their sights on Canadian cannabis company Sundial Growers (NASDAQ:SNDL) earlier this year, driving SNDL stock to dizzying heights. That wave of enthusiasm, however, has come and gone. Source: Jetacom Autofocus / Shutterstock.com Of course, it’s possible that the Reddit crowd will target Sundial again. Yet I wouldn’t advise investors to consider buying a

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

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