Some investors might be wary of the renewable energy market because it’s starting to get crowded. Yet, along comes an innovative company like Stem (NYSE:STEM) that offers something different for folks willing to take a chance on STEM stock. Source: Shutterstock Unfortunately, some people did take a chance on it and now they’re at a loss.
Stocks to buy
As its merger with SoFi gets closer to reality, Social Capital Hedosophia Holdings V (NYSE:IPOE) continues to fall. It appears that IPOE stock was the subject of some short-selling activity that is possibly linked to the delay in the merger. The postponement came after the U.S. Securities & Exchange Commission (SEC) updated its guidance about
As the economy opens up again, one sector that stands to benefit in a real way is oil stocks. People begin to consume more, and they’re also leaving their houses to travel, whether for business or pleasure. And while daily commutes aren’t in the cards for many yet, some office time is coming back online.
This is the craziest market I’ve ever seen. We now have conditions like we’ve never traded through before. Most notably is how big a role the U.S. Federal Reserve is playing in equity markets. They have developed a third unofficial mandate to also prop equity markets. As a result, the indices won’t quit rallying, even
The transformation from petrol and diesel vehicles to electric vehicles is an important part of the global push towards cleaner energy. Electric vehicle stocks have outperformed traditional automakers in the last year. It’s very likely that pure-play electric vehicle company stocks will remain outperformers. However, almost all automakers are making a gradual shift towards electric
The technology behind credit card transactions is miles away from the sector’s origins. Long gone are the days of the swipe of carbon paper machines. They even invented a new term for the sector, fintech, boasting new companies as cool as the name. Source: JHVEPhoto / Shutterstock.com Paypal (NASDAQ:PYPL) stock is one of those new
Despite the pandemic, some electric vehicle (EV) companies have been able to deliver, and among them is Xpeng (NASDAQ:XPEV). Although XPEV stock soared more than $70, it has been stalling lately. Source: Andy Feng / Shutterstock.com If you thought that the EV market is ready for a slowdown, you are wrong. The industry is expanding across
Nowadays, it’s very popular for younger investors to get their advice on social media forums or from YouTube financial gurus. To me, it sounds like the blind leading the blind. Every year, a new hotshot claims to have the inside path to profitable stocks to buy. And more often than not, the market eventually blindsides
Skillz (NYSE:SKLZ) stock may be finding support at prices between $15 and $20 per share. But, so far, shares in the e-sports competition platform have struggled to bounce back. You may recall that, back in February, this stock traded for prices as high as $46.30 per share. Source: Shutterstock Former SPACs (special purpose acquisition companies)
So far, 2021 has been a year full of high hopes surrounding a global economic recovery. With vaccine rollouts at almost full speed in many countries, the expectations for a return to “normal” are very high. However, with the U.S. indices also at record highs, it has become challenging to find up-and-coming stocks this year.
What’s new with IBM stock? IBM (NYSE:IBM) announced a milestone in semiconductor manufacturing yesterday. Now, the company is able to produce chips that are just 2 nanometers thick. Source: shutterstock.com/LCV On top of that, IBM CEO Arvind Krishna recently joined the White House and members of Congress in endorsing the Endless Frontier Act. The bill
Canaan (NASDAQ:CAN) is a fast-growing Chinese maker of ASIC (application-specific integrated circuit) cryptocurrency mining machines. Based on Canaan’s Q4 2020 earnings release from April, CAN stock looks cheap right now. Source: Mark Agnor / Shutterstock.com Long term, CAN stock could be worth as much as $18.77. That’s 46% higher than its current price of $12.83. The
Not infrequently, Wall Street focuses excessively on relatively inconsequential details and ignores the “big picture.” When that happens, great long-term buying opportunities are frequently created. I think that phenomenon is playing out now with clean-energy stocks in general and Stem (NYSE:STEM) stock in particular. Source: Lightboxx/ShutterStock.com Stem has developed software, powered by artificial intelligence, that
Remember when marijuana used to be taboo? Back when Cheech & Chong – a comedy duo who tapped into the height of the cultural weed zeitgeist during the ‘70s – pushed the envelope to further their drug-fueled counterculture movement, weed smokers were still mostly marginalized. The War on Drugs was in full swing, as Richard
Theoretically, we really should have seen a renaissance in value stocks during the impact of the novel coronavirus pandemic. With an unprecedented crisis rippling throughout the international community, the global equity markets initially tumbled on the mass spread of the disease. If anyone wanted to go contrarian, they should have done so on the companies
The pandemic created a shift from storefront to e-commerce, which is a trend that bodes well for fintech stocks. With global saving rates topping $5.4 trillion, we are likely to see an increase in consumer spending as we approach the new normal. With the digital payments expected to be the norm in the future, all
If you’re a believer in the growth of electric vehicles (EVs), Chargepoint (NYSE:CHPT) remains an attractive opportunity. And even though CHPT stock is slowly beginning to bounce off its springtime lows, there is plenty of upside remaining. Source: YuniqueB / Shutterstock.com As you may recall, Chargepoint is a special purpose acquisition company (SPAC) stock that
If you listened to my bullish call from March 3 on California-based electric vehicle manufacturer Canoo (NASDAQ:GOEV) stock, you’re probably in the red on your GOEV stock investment. Source: Canoo media If you’ll forgive me for that, then today I hope to motivate you to stay in the trade. It just doesn’t seem right for the
At one point in 2020, Fastly (NYSE:FSLY) was a stock that no one wanted to own. The stock was muddling along in the $20s, then dipped all the way down toward $10 in March 2020. FSLY stock was a nobody. Source: Pavel Kapysh / Shutterstock.com Then the company reported earnings and the stock was cleared
As I see it, there’s a major bargain in the markets right now. Shares of Israeli 3D printing firm Nano Dimension (NASDAQ:NNDM) stock are trading at a discount. And, there’s an exciting acquisition that ought to get investors excited. Source: Spyro the Dragon / Shutterstock.com Don’t get me wrong. The share price did move higher when