Pinterest (NYSE:PINS) stock was at one point surging nearly 572% off its low, Shares have slipped back recently falling from around $90 per share, to around $68 today. Source: Nopparat Khokthong / Shutterstock.com With investors shifting focus to a Covid-19 recovery, stocks that “crushed it” during the pandemic have started to pull back, but recovery
Stocks to sell
The madness has a taken a breather in recent weeks. But crypto plays like Riot Blockchain (NASDAQ:RIOT) stock remain popular among investors. Shares in this miner of Bitcoin (CCC:BTC-USD) have produced tremendous gains since last fall when the popular cryptocurrency began its epic run to all-time highs. Source: Shutterstock But, with BTC prices appearing to
Nano Dimension (NASDAQ:NNDM) stock represents a company in the burgeoning tech hub of Israel. The company operates in a niche of the 3D printing sector. Source: shutterstock.com/Alex_Traksel NNDM stock has risen over the last half a year, yet operational results indicate a fundamentally troubled company. Nano has raised a lot of money, and now is
The electric vehicle (EV) market is cooling off, and so is investor sentiment on ElectraMeccanica Vehicles (NASDAQ:SOLO). After reaching a closing high of $9.48 in early February, SOLO stock is down more than 30%. Source: Luis War / Shutterstock.com I’ll give the company this. It can’t be accused of not offering something different. In this
Marijuana stocks are losing steam after soaring to record highs in response to Joe Biden becoming President of the United States. Many hoped that, with Democrats gaining control of the White House and Congress, cannabis reform would become a priority. On Feb. 27, Virginia lawmakers even greenlighted legislation that would legalize recreational marijuana by 2024.
Earlier this month, Transenterix (TRXC) stock became Asensus Surgical (NYSEAMERICAN:ASXC). But, as they say, don’t judge a book by its cover. A digital surgery play, ASXC stock remains the same bad opportunity it was under its prior moniker. Source: Dmytro Zinkevych / Shutterstock.com What do I mean when I say bad opportunity? Trading for pennies
In March, there have been 18 days of trading through March 24. GameStop (NYSE:GME) has seen GME stock rise nine times and fall nine times for an equal number of up days to down days. Source: Shutterstock / mundissima Overall, GME stock is up over 850% year-to-date. What’s not to like? The only problem: The
When the coronavirus first touched down uninvited onto our country, one of the worst-hit sectors was retail stocks. This of course is no surprise to anyone with a functioning brain cell. At the time, we didn’t know much about the new virus — and clearly, there’s much to learn. Therefore, when state governments imposed lockdown
Opendoor (NASDAQ:OPEN) has jumped 150% since its June IPO. With a market cap of over $16 billion, Opendoor is now valued more than online real estate competitor Redfin (NASDAQ:RDFN) and nearly half of Zillow (NASDAQ:Z). But despite a red-hot housing market, I’m not chasing OPEN stock. In fact, I think it’s heading for a blow-up
The epic rise in Palantir’s (NYSE:PLTR) stock price started way before “meme stocks” became a thing. Back in November, on the heels of President Joe Biden’s election, investors aggressively bid up the stock, betting this big-data company’s ties with the incoming administration would pay off big time. But, as the momentum from this “Biden boost”
Somehow Guardion Health Sciences (NASDAQ:GHSI) was able to raise $33.6 million in two equity cash raises during January and February 2021. That represents over half of the GHSI stock market capitalization of $62.42 million. So in that sense, the raise supports the stock. But don’t expect that to last long, given the company’s cash burn.
Denison Mines (NYSEAMERICAN:DNN) is a Canadian uranium mining company with an outsized valuation and penny stock status. As such, investors should be careful about investing in DNN stock, as it is likely to be quite volatile. Source: Shutterstock The Toronto-based company has a major prospective uranium mining project in northern Saskatchewan called the Wheeler River
Penn National Gaming (NASDAQ:PENN) has been on a tear. The stock is up over 1,300% in the last year, and over 31% year-to-date. But with it down 6% in the past month, will its long-term run continue? Source: Casimiro PT / Shutterstock.com In the past, I wrote that PENN stock was deeply undervalued based on
For the most part, General Electric (NYSE:GE) has been trading pretty well over the last several months. GE stock hit a new 52-week high on Mar. 9, topping at $14.42. Since then, though, the ride has been a little bumpy. Source: Sundry Photography / Shutterstock.com For example, the stock actually closed lower on Mar. 9,
It’s never fun to focus on stocks that could crash — and, in this case, I’m not talking about a minor correction here. Instead, I’m talking huge volatility: 20% down or more. By now, you’ve heard about the “10X culture.” This isn’t just about your portfolio. Rather, you see advertisements everywhere about 10X-ing your income,
What’s next for Castor Maritime (NASDAQ:CTRM) stock? The dry-bulk shipper has soared nearly five-fold since January. Even after pulling back more than 50% off its highs ($1.95 per share) in recent weeks. Source: Pavel Kapysh / Shutterstock.com News of the company’s expansion may be playing a role in its upward surge, but maybe its sudden
Not much changed in the last few months preceding Bumble’s (NASDAQ:BMBL) initial public offering. Last September, Bloomberg News reported a valuation of $6 billion to $8 billion. So, after Bumble stock started trading in early February, valuations have been in line with insider expectations. Source: XanderSt / Shutterstock.com What is the play with trading Bumble
Investors in Zomedica (NYSE:ZOM) have been taken on quite the wild ride this year. ZOM stock is up nearly 1,000% year-to-date, and over 30% this past week alone. Source: didesign021 / Shutterstock.com Why the buzz? There are a few key things going on with this stock right now. So sorting them out is a priority. Let’s dive
Back in mid-February, those buying the dip in GameStop (NYSE:GME) stock may have seemed a bit foolhardy. But, with the king of all meme stocks going on a second Reddit rally, retail traders have again beaten Wall Street’s so-called smart money at their own game. Source: Shutterstock / mundissima With those active on Reddit’s WallStreetBets
Since its launch at the beginning of March, the VanEck Vectors Social Sentiment ETF (NYSEARCA:BUZZ) has attracted more than its share of enthusiasm. Inflows into the BUZZ ETF (exchange-traded fund) have simply been huge. Source: Shutterstock In fact, BUZZ attracted more than $280 million in capital right out of the gate. As of Mar. 17,