There is a very intriguing narrative underpinning investment in Matterport (NASDAQ:MTTR) stock. It all has to do with the metaverse and identifying those companies that will be integral to its construction. Source: Ken Wolter / Shutterstock.com There’s every reason to believe Matterport has a great chance of establishing itself as a central figure in that
Stocks to buy
It isn’t hard to identify exactly the moment that Decentraland (CCC:MANA-USD) became instantly relevant. A cursory glance at its price chart shows that moment occurred on Oct. 28. Source: shutterstock.com/Piotr Swat That was the day that Facebook (NASDAQ:FB) CEO Mark Zuckerberg announced his social media giant would be changing its name to Meta Platforms. The
For quite a while, Naked Brand Group (NASDAQ:NAKD) was known as an intimate apparel and swimwear retailer. This wasn’t an ideal business model during the spread of Covid-19, and as a result, NAKD stock investors have struggled throughout much of 2021. Source: Shutterstock Sure, there was the meme-stock rally in January but Reddit traders seem to
Everyone’s always on the lookout for the next Amazon (NASDAQ:AMZN). Lately, people have been drawing parallels between Amazon and South Korea’s Coupang (NYSE:CPNG), both in terms of the companies’ e-commerce businesses and in the potential of CPNG stock. Source: Michael Vi / Shutterstock.com AMZN stock has skyrocketed more than 1,700% in the past 10 years
Two years ago, Chinese electrical vehicle (EV) maker Nio (NYSE:NIO) announced it didn’t have the funds to last another 12 months. Now, NIO stock is a strong-buy rated EV trade with massive upside potential going into December. Plus, the latest news and upcoming events point to an eventful 2022 for the company. Source: Robert Way
Shares of chip and semiconductor designer Nvidia (NASDAQ:NVDA) stock look unstoppable following the company’s latest earnings beat. Source: Steve Lagreca / Shutterstock.com NVDA stock has gained 18% since the company announced its third-quarter results on Nov. 17. The latest increase brings Nvidia stock’s total gains for this year to 162%. Over the last month alone,
Skillz (NYSE:SKLZ) reported excellent Q3 2021 earnings results on Nov. 3. Yet, investors chose to focus on the negative, sending SKLZ stock lower over the remainder of November. Source: Rawpixel.com/Shutterstock.com As I write this, SKLZ is trading below $10 for the first time since mid-October. Before that, you have to go back to March 2020
Right after the release of its earnings on Nov. 7, Roblox’s (NASDAQ:RBLX) stock jumped 40%. It hasn’t stopped since. Source: Michael Vi / Shutterstock.com RBLX stock has moved even higher in recent days, breaking past a strong resistance level at $90 and topping the $140 mark. and even though it pulled back slightly, Roblox is
Peloton (NASDAQ:PTON) stock is not for the faint of heart investors. Source: JHVEPhoto / Shutterstock.com The company had the misfortune of coming to market just before the pandemic hit. The first few months of existence were going fairly well. PTON investors succeeded at building a base. There were sizable rallies and reasonable declines, but then
Ready to step directly into the metaverse? Or at least, get portfolio exposure to it? If so, then consider spatial data company Matterport (NASDAQ:MTTR), as MTTR stock is a pure-play investment in the metaverse’s future growth. Source: Ken Wolter / Shutterstock.com It’s a speculative play, I’ll admit. The metaverse is still a new concept to
Equity prices on Wall Street have never been higher, yet Zillow (NASDAQ:ZG) stock is 73% off its highs. A year ago, ZG stock exploded in a 140% rally to start the year. Then its momentum died suddenly in the middle of February. The bears have controlled the price action since then in a harsh descending
Countries all across the world are taking the big step to slash carbon emissions. What does that mean for Nio (NYSE:NIO) stock? Source: Sundry Photography / Shutterstock.com In the U.S., President Joe Biden announced a goal of a 50% reduction in greenhouse gas emissions by 2030. This move gave a direct push to electric vehicle
I’ve been helping investors for over a decade, and a persistently difficult point to make involves earnings trades. Zoom (NASDAQ:ZM) stock fell almost 20% yesterday on its earnings headline. Source: Girts Ragelis / Shutterstock.com For years I have struggled in convincing investors that the reaction to those headlines is completely binary overnight. Of course, the
I last wrote about BlackBerry (NYSE:BB) in early September, saying there was more to it than its meme stock status. Since then, BB stock has tumbled around 13%. But I still believe in it as an investment, provided you have the patience to wait for the company to find its footing. Source: BlackBerry BlackBerry beat
C3 AI (NYSE:AI) stock has undoubtedly been a losing investment thus far. Source: Phonlamai Photo / Shutterstock.com It peaked at $180 during last year’s massive tech rally and proceeded to then lose a large chunk of its value. Momentum has left AI stock and a clear negative sentiment has taken root. However long-term investors should
Fisker (NYSE:FSR) announced on Nov. 19 that it won a ZEVAS Award — the zero-emission awards at the Los Angeles Auto Show — for the best crossover vehicle under $50,000. FSR stock jumped more than 5% on the news. This is the latest piece of good news for long-time investors. In the last month alone,
Netflix’s (NASDAQ:NFLX) hit streaming series Squid Game recently sent shares of NFLX to new 52-week highs last week. NFLX stock rallied after posting strong subscription growth in its quarterly results. Yet those quarterly figures are not Netflix’s highlight. On the conference call, management and analysts calling to ask questions couldn’t get enough of Squid Game,
With gold under-performing in the last few months, even the best gold stocks have been sideways to lower. However, the sentiment for gold seems to be changing. There are growing concerns related to inflation. It’s very likely that the current inflationary trend in the United States is not transitionary in nature. Gold finally seems to
Nvidia (NASDAQ:NVDA) is one of the top growth stocks and has consistently outperformed in the past several years. Stellar growth across its data center and gaming segments have driven NVDA stock’s market cap over $800 billion. Source: Steve Lagreca / Shutterstock.com In the past couple of years, Nvidia has branched out into various verticals to
As the first wave of the pandemic swept across countries in 2020, consumer spending fell dramatically. And companies rely on consumers to buy their goods and services. So, when consumer spending plateaued, consumer stocks also were in freefall. But the time is ripe for investors to get involved again. The consumer sector consists of companies
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