Hyliion (NYSE:HLYN) stock has had a very rough time in 201. So far, it is down 35% year-to-date as of April 9 and 21.7% in the last month alone. However, in the past year, HYLN stock has done reasonably well, up 8.2%. I believe it is poised to turn around as it is worth considerably
Stocks to buy
There’s something intriguing about companies that have stood the test of time. Many popular growth companies today won’t survive the next bear market when equity or debt capital becomes scarce. But a company like Pfizer (NYSE:PFE), which was founded in 1849, has not only survived through two World Wars but also the American Civil War.
Most Special Purpose Acquisition Companies (SPAC) are trading well below their highs. QuantumScape (NYSE:QS) is the exception. If investors ignored the massive December 2020 run-up that sent QS stock to a high of $132.73, the SPAC is trending steadily. Source: Michael Vi / Shutterstock.com Investors are hungry for electric vehicle (EV) component suppliers. Companies that
Debuting at the end of 2020, C3.ai (NYSE:AI) stock steadily rose right out of the gate. But, like many other “story stocks,” the artificial intelligence (AI) play was hit hard by February’s stock market correction. Coupled with disappointing quarterly results, shares of AI stock have fallen over 65% from their highs. Source: Phonlamai Photo /
Petco (NASDAQ:WOOF) got the timing right for its IPO. It was in mid-January and the market was very much in the bull mode. On the first day of trading, WOOF stock soared by 63%. Not bad for a brick-and-mortar retailer, right? Source: Walter Cicchetti / Shutterstock.com Definitely. Yet this was actually not the first IPO
Naked Brand Group Ltd (NASDAQ:NAKD) is a company that probably shouldn’t have survived 2020. A global operation consisting of multiple intimate apparel and swimsuit brands, Naked Brand spent 2020 losing money, closing down stores and selling off brands. Shares were worth over $800 at one point in 2018. By 2020 NAKD stock faced de-listing (and
Cinedigm (NASDAQ:CIDM) has been called a way for investors to bet on the emergent revolution in streaming technology. I tend to concur with this assessment and recommend a moderate position in CIDM stock — at least for folks who understand Cinedigm’s strengths. Source: Pavel Kapysh / Shutterstock.com What does Cinedigm do? The company develops streaming
On March 3, I made a bullish call on both Tilray (NASDAQ:TLRY) and its longtime Canadian cannabis-market competitor, Aphria (NASDAQ:APHA). Today I’m going to double down on those calls and recommend that investors take a long position in TLRY stock. Source: Jetacom Autofocus / Shutterstock.com And I also recommend that you mark April 14, 2021 on your
Even prior to the pandemic the stock of Chinese online dating firm Momo (NASDAQ:MOMO) has been on a downtrend. The company has had a rough few years after running afoul of state regulators and feeling the effects of the coronavirus pandemic. Source: rafapress MOMO stock currently trades at around $15.90. A lot of the bad
It’s the news that everyone was anticipating. Nevertheless, the strength of the March 2021 jobs report caught even some optimists by surprise. Hiring surged in the U.S. as employers added 916,000 jobs in March, representing the best gain since August of last year. Despite the enthusiasm, though, investors should continue eyeballing blue-chip stocks to buy.
Has the ship sailed with Norwegian Cruise Line Holdings (NYSE:NCLH)? Fortunately for investors looking at NCLH stock now, it hasn’t. Source: Vytautas Kielaitis/shutterstock.com A year ago, when the pandemic first started to affect global commerce, shares in this cruise line operator cratered from nearly $60 to prices that briefly hit single digits. But, over the
Over the past few weeks, investors have been searching high and low for companies involved with non-fungible tokens (NFTs). If you’re interested in capturing some of the gains in this trend, Color Star Technology (NASDAQ:CSCW) should be on your radar and fortunately, CSCW stock is still quite affordable. Source: Shutterstock Just as a quick primer, NFTs
Semiconductor stocks have been in the limelight during the ongoing chip shortage, which has been affecting a range of firms, especially in the tech and automotive sectors. Chips have had a significant impact on technology and innovation in the past several decades. Today, we find chips in items ranging from smartphones, to air conditioners, fridges,
Back on March 23, 2020, I invested in Wynn Resorts (NASDAQ:WYNN) based on a belief that the casino industry would bounce back from the pandemic. A year later, I sold my WYNN stock and invested in MGM Resorts (NYSE:MGM) stock. Source: Michael Neil Thomas / Shutterstock.com I was very fortunate to time the market bottom
Social media has become an integral part of our daily lives. Currently, some 3.6 billion people across the globe use social media and that number is projected to increase to 4.41 billion by 2025. Further, “internet users spend an average of 144 minutes on social media per day.” These numbers are enough to trigger interest
Shares of life sciences company Bionano Genomics (NASDAQ:BNGO) have dropped more than 20% in the past month. The development is puzzling, considering how it upturned four consecutive quarters of revenue slump with its latest earnings results. Regardless, the pullback presents an excellent opportunity to buy BNGO stock at a discount. Source: Connect world / Shutterstock.com As
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). When the gold price is falling, one of the worst kinds of stocks to own is a gold stock. That’s why Osisko Gold Royalties Ltd. (NYSE:OR) stock has performed poorly so far this year.
Recently, Pershing Square Tontine Holdings (NYSE:PSTH) was a casualty of the selloff in the hot electric vehicle (EV) space and tech sector. Right now, shares of the special purpose acquisition company (SPAC) are down about 28% from PSTH stock’s 52-week high of $34.10. Source: Dmitry Demidovich/ShutterStock.com The pressure is finally getting to these risky SPAC
Editor’s note: This column is part of our Best Stocks for 2021 contest. Bob Ciura’s pick for the contest is Lockheed Martin (NYSE:LMT). The first quarter of 2021 was characterized by a steady economic recovery from the coronavirus pandemic. Lockheed Martin (NYSE:LMT) has benefited from the economic bounce-back, and its stock price has registered a 2% year-to-date increase.
Phew…we’ve made it through the first quarter of 2021. So much has happened, and we still love The Walt Disney Co. (NYSE:DIS) stock. And here’s why. Source: by InvestorPlace Congress recently passed the massive $1.9 trillion American Rescue Plan Act of 2021. This is fantastic news for DIS stock because consumers are now going to