Stock Market

I should know better than to make price predictions about biotech stocks like Ocugen (NASDAQ:OCGN). Clearly, I don’t have a clue where OCGN stock is headed.  Source: Shutterstock In early May, I wrote a piece about the Covid-19 vaccine candidate, suggesting that it looked ready to blow through $18 a share. It had just doubled

Growth stocks had a rocky time in May, when concerns about inflation resulted in a temporary sell-off. Why did inflation chatter cause such a reaction? It’s not inflation per se that’s the worry. The possible raising of interest rates to combat inflation is the real concern. For now, the Federal Reserve is OK keeping rates

The SPAC train may have been derailed a bit by the sell-off in high-growth stocks, but that doesn’t mean every SPAC is a sell. Take SoFi Technologies (NASDAQ:SOFI) for instance. SoFi stock is a growing fintech company with plenty of opportunity ahead of it. Source: rafapress / Shutterstock.com However, shares have struggled over the last few

Sundial Growers (NASDAQ:SNDL) is down about 37% since I last wrote about it in March. That’s a bitter pill for bull-minded retail investors who remain committed to the company. But it has to be music to the ears of those equally passionate investors driving up short interest in SNDL stock. Source: Shutterstock Presently trading at $1.10,

Hyliion (NYSE:HYLN) continues to hover around its debut price of around $10. And for investors it must be starting to feel like Groundhog’s Day. It certainly does to me. Every time I’m asked to take a position on HYLN stock, I feel the same way. Except, like many analysts and investors and Bill Murray in the

Stem (NYSE:STEM) stock has traded sideways, since the SPAC (special purpose acquisition company) merger that took it public closed in late April. Months before the closing, when it was known as Star Peak Energy Transition, shares hit prices topping $50 per share. STEM stock investor enthusiasm was off-the-charts for this renewable energy storage play. Source:

Tesla (NASDAQ:TSLA) stock is up more than 8% from its mid-May lows of around $550. TSLA stock made a great trade for flippers who bought the dip. However, Tesla’s near-term outlook isn’t great, and investors should be wary of buying the stock at this point. Source: Sheila Fitzgerald / Shutterstock.com TSLA stock is the mother

Virtual content provider fuboTV (NYSE:FUBO) is known for appealing to sports fans — and for threatening the cable television industry. Hence, traders who support the cord-cutting revolution might consider a position in FUBO stock. Source: Lori Butcher/ShutterStock.com The problem is, some folks don’t take the stock or the company seriously. Once a stock is pigeonholed

We know we’re repeating ourselves, but we’re serious — AMC’s (NYSE:AMC) CEO knows exactly what he’s doing, and this isn’t the last you’ve heard of the soon-to-be-legendary AMC meme stock. Source: Sundry Photography / Shutterstock.com Even if AMC and other meme companies end up retreating into the shadows after their social-driven rise to fame, they’ll be

It isn’t too late to ride AMC (NYSE:AMC) stock’s massive wave with the rest of the crowd, but you should be prepared to get out of AMC stock before the hype dies. Source: Helen89 / Shutterstock.com Social momentum trading is here to stay. Individual meme stocks may come and go, but we don’t see “meme

There’s no way around it: you’ve got to have some risk tolerance to invest in Senseonics Holdings (NYSEAMERICAN:SENS), as SENS stock is known to make some swift moves. That’s not a bad thing if you can handle some short-term volatility. InvestorPlace contributor Mark R. Hake has even suggested that Senseonics’ share price could rise five

On the surface, Asensus Surgical (NYSEAMERICAN:ASXC) stock looks like just another sputtering SPAC. Source: Dmytro Zinkevych / Shutterstock.com But it’s not a SPAC. This company came public as TransEnterix back in 2014. It raised $52 million for a robotic surgery system then called SurgiBot. This was a hot stock in 2018, rising as high as

There’s a lot to like about Lucid Motors stock and its SPAC partner Churchill Capital Corp IV (NYSE:CCIV). Lucid is a pure-play on electric vehicles, one of the hottest and potentially biggest growth markets out there today. Source: gg_photography / Shutterstock.com Unfortunately, Lucid Motors stock has too many unanswered questions at this point to be

Editor’s Note: This article is regularly updated to bring you relevant, up-to-date information. The bulk of first-quarter earnings have been released, but there are still a few marquee names left to report during the week of May 31. These include a nice sampling of stay-at-home names that have seen monster growth during the global pandemic,

Ocugen (NASDAQ:OCGN) stock has surged by over 2,600% in the last year. This rally is not surprising, since Ocugen and Bharat Biotech have signed a deal to co-develop a novel-coronavirus vaccine candidate, Covaxin. However, it’s also worth noting that OCGN stock is well below its recent high of $18.80. Source: Shutterstock After a deep correction,

Space tourism company Virgin Galactic (NYSE:SPCE) had its single best trading day on Monday, after its successful spaceflight test. Its oft-delayed test flight finally reached its pre-ordained altitude after its December attempt was cut short. As a result, analysts were quick to jump on Virgin’s bandwagon and have hiked its price targets by over 50%.  However, it

As most people spent the majority of 2020 stuck at home, many realized that they wanted to spruce up their surroundings. If they were going to spend so much time at home, why not take some of that extra free time from not commuting and add some upgrades into their homes. This created a strong

The meme stock phenomenon seemed like it was over and done with. But, as seen from the latest movement from GameStop (NYSE:GME) stock, it’s not over just yet. Looking to beat the so-called “smart money” at their own game once again, retail investors, such as those active on Reddit’s r/WallStreetBets subreddit, are back in the

If you want to speculate on Light Detection and Ranging (LiDAR), a technology for making cars autonomous or at least safer, the place to be has been MicroVision (NASDAQ:MVIS). Source: temp-64GTX/Shutterstock.com This doesn’t mean MicroVision has what will be the standard solution. But it’s certainly where the action is, the volatility and the wild price

Last year, much of our concern focused on the threat of the novel coronavirus pandemic. While we put on masks and kept six feet away from each other, different stressors took a back seat. That said, demand for cybersecurity remained strong, as more companies shifted over to remote work and the number of cyberattacks increased