DraftKings (NASDAQ:DKNG) has been on my radar for a while, particularly given its high-growth profile. The company is operating in a secular growth environment, while DKNG stock was one of the few stocks to hold up during the high-growth stock selloff earlier this year. Source: Tada Images/Shutterstock.com In late February and early March, high-growth
Stocks to buy
Marathon Digital Holdings (NASDAQ:MARA) has been making news lately. It just brought on a new CEO on April 26 and also announced its preliminary first-quarter earnings on April 5. Both of these are bullish signs for Marathon, a Bitcoin (CCC:BTC-USD) mining company, and for MARA stock. My view is that MARA stock is worth about
Palantir Technologies (NYSE:PLTR) offers data analytics software to clients. Established in 2013, the company works with government agencies to gather and analyze data to make decisions. Its clients include CIA and FBI. PLTR stock had a great start this year as its software was embraced by commercial clients. Source: Ascannio / Shutterstock.com Over the past few
Since February, Wall Street can’t see the forest for the trees when it comes to renewable energy stocks. Investors are focused on minor issues while seemingly forgetting that the fundamentals for these equities remain incredibly strong. Over the past ten or so weeks, solar energy stocks have been especially weak. Since the end of January,
Nio (NYSE:NIO) will release its first quarter sales and earnings on Thursday, April 29, after having pre-released on April 1 the delivery numbers for the quarter. As a result, Nio stock could move higher, especially if the company updates its outlook for the rest of the year. My assessment is that Nio is worth $73.34,
Plug Power (NASDAQ:PLUG) stock is completely mispriced. In fact, many hydrogen stocks are ridiculously oversold at this point. Source: Shutterstock At the moment, PLUG stock trades just under its 200-day moving average. It’s also oversold on relative strength (RSI), MACD, and Williams’ %R, which I’d use as an opportunity to buy. With patience, (and greener days
It’s difficult to overstate the importance of artificial intelligence in the current world. Accenture (NYSE:ACN) survey indicates that “3 out of 4 C-suite executives believe that if they don’t scale artificial intelligence in the next five years, they risk going out of business entirely.” Given the potential market size and application across industries, AI stocks
What Happened to the Skillz Stock Price Today? Source: Shutterstock Shares of mobile esports technology company Skillz (NYSE:SKLZ) have staged an enormous rebound over the past few days, with SKLZ stock up more than 35% since Tuesday. The catalyst? A bunch of buying from a well-respected growth-focused investment fund. Why It Happened In 2020, Cathie
AST SpaceMobile Stock Price Today Source: Shutterstock Shares of space telecom company AST SpaceMobile (NASDAQ:ASTS) have been on a huge, multi-week downtrend, in which ASTS stock slipped from $25 in early February, to $7 by mid-April. But ASTS stock has reversed course sharply over the past few days. Since Monday, AST SpaceMobile stock has soared
Editor’s Note: This article is a part of our “If You Only Buy One Stock” series where we look at 2021’s most popular investing trends and have our top financial journalists make their very best pick. Click here to see more names for your must-buy list. Source: Shutterstock Penny stocks are all the rage these
Between January and March of last year, Norwegian Cruise Line (NYSE:NCLH) stock went from $60 to $10. Source: Vytautas Kielaitis/shutterstock.com It’s a plunge that seems to make some sense. Obviously, the novel coronavirus pandemic shut down the cruise industry. But at the same time, the depth of the plunge seemed overwrought. Within a couple of
I’m starting to believe that the true “holy grail” when it comes to artificial intelligence (AI) is AI that’s been tailored to perform specific tasks within a single, lucrative sector. One company that appears to have met that criteria is Upstart Holdings (NASDAQ:UPST), which develops AI software that evaluates the creditworthiness of loan applicants. As
Spirit Airlines (NYSE:SAVE) stock may have more than doubled since the start of the vaccine rollout. But, don’t think it’s too late to buy shares in this low-cost airline. Why? Namely, it continues to have two key strengths. Those would be its strong balance sheet, along with its lean cost structure, which enabled it to
The Biden administration’s ongoing stimulus efforts, combined with the vaccine rollouts across the country, are quickly ramping up the reopening of the U.S. economy. As a result, retail stocks are throwing off Covid-19’s shackles. According to CNBC, March retail sales were up almost 10%, the second-best month on record. One retail stock that has done
What Happened to the Roku Stock Price Today? Source: JHVEPhoto / Shutterstock.com Roku (NASDAQ:ROKU) stock saw wobbly trading Wednesday — at one point, dropping about a percent — on what was otherwise a very strong day for the stock market, and especially for tech stocks. The lack of conviction among traders can be attributed to
Since the November election, Wall Street has been looking for investments that are likely to benefit from President Biden’s policies. But of course, this has meant that it is tough to find cheap stocks! Yet the rally has been uneven. And yes, there are some interesting stocks to buy that are at reasonable valuations. For
The past year’s price action in the shares of video-game retailer GameStop (NYSE:GME) have been exciting, to say the least. The famous Reddit-fueled short squeeze of GME stock has created wealth for some traders, and destroyed the accounts of others. Source: quietbits / Shutterstock.com For old-school, valuation-obsessed investors such as myself, it’s been fascinating and perplexing.
Not all blue-chip companies are the same. Some are better positioned for the future, either through diversification, their competitive position or because they happen to operate in a sector that is on the cutting edge of where society is headed. While most blue-chip companies are well-run and established businesses, not all of them will continue
Currently, Discovery Class A (NASDAQ:DISCA) stock and Class C (NASDAQ:DISCK) stock (but not the Class B (NASDAQ:DISCB)) look very undervalued, given the company’s huge free cash flow (FCF). In fact, there is now a wide gulf in the Discovery stock shares. Class A and C shares trade at $36.37 and $31.20 respectively, versus Class B
I have been really bullish on electric vehicle stocks and have my hopes pinned high for XPeng (NYSE:XPEV). But since reaching a record high in late November, XPEV stock has had a volatile run as the share price has been trimmed by half since then. Source: Andy Feng / Shutterstock.com With its strong presence in