Any time I write about meme stocks, I like to distinguish between trading and investing. I have no idea where AMC Entertainment (NYSE:AMC) will trade next week or next month. If you are YOLOing on AMC stock the same way you’s bet on a horse at the Kentucky Derby, this story is not for you.
The post-pandemic reopening discussion usually centers around travel-related companies such as cruise ships and airlines. One of the surprise booms has come from the apparel industry. According to industry data, consumers have been buying apparel at remarkable rates. One of the winners in this category may be Revolve Group (NYSE:RVLV), a fast growing online fashion
In this article WB DIDI TME The Didi ride-hailing app on a smartphone arranged in Beijing, China, on Monday, July 5, 2021. Yan Cong | Bloomberg | Getty Images The U.S.-traded shares of prominent Chinese companies were under pressure on Tuesday after the Asian country’s officials launched a cybersecurity review of Didi, fueling concerns about
Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia arrives for the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. Alex Halad | AFP | Getty Images Disagreement within OPEC could trigger a more a volatile period for oil, with prices jumping on lack
As the weather gets hotter in July, stocks will warm-up, too. The r/WallStreetBets crowd will look for the next Reddit penny stocks to buy. In February and in June, Redditors bought up shares of the most short-sold stocks. That included GameStop (NYSE:GME), Clover Health Investments (NASDAQ:CLOV), and AMC Entertainment (NYSE:AMC). Those stocks had two things
If you took a look at the price chart for Penn National Gaming (NASDAQ:PENN), you can’t help but come away with the impression that its shares have traded strangely in line with new novel coronavirus infections. You’ll recall that public health officials recommended people avoid Super Bowl parties due to the threat of dramatically rising
Even after new data was unveiled for the Covaxin vaccine that caused Ocugen (NASDAQ:OCGN) stock to rally slightly on July 6, the outlook for OCGN stock actually continues to remain extremely bleak. Source: Shutterstock In fact, with data indicating that Covaxin is not meaningfully more effective at combating the Delta variant or the original novel
Founded in 1935, the Pentagon Federal Credit Union, generally known as PenFed, is a large financial institution with branches across the U.S. and on military bases around the world. While PenFed does cater to those in military service and their families, its membership isn’t limited: Anyone can join the credit union and use its variety
In this article CFV A satellite image of the stuck container ship Ever Given in Egypt’s Suez Canal, taken on March 25, 2021. Satellogic Satellite Earth imagery specialist Satellogic is preparing to go public, announcing on Tuesday that it will be the latest in a string of space companies merging with SPACs. Satellogic is merging
In this article MMM FANG TME AAPL DIDI AMZN JD.com is one of the biggest e-commerce and logistics company in China. Zhang Peng | LightRocket | Getty Images Check out the companies making headlines in midday trading. Didi — Shares of the Chinese ride-hailing giant Didi Chuxing plunged more than 20% after China announced that
The Trade Desk (NASDAQ:TTD) has become a fast-growing cash flow machine in its digital advertising business. The company is now deeply involved with “connected TV” (CTV) and audio, where people subscribe to their media channels and watch and listen to CTV ads. I estimate that TTD stock is now worth at least 28% more at
They say fools rush in where angels fear to tread, and so it is that I am once again writing about Ocugen (NASDAQ:OCGN) stock. Source: Shutterstock And once again, at the risk of sounding like a fool, I simply don’t understand the bull case for OCGN stock based on a potential Covid-19 vaccine. Ocugen is
Here’s a hidden gem in the cannabis accessories space. I invite you to check out High Tide (NASDAQ:HITI), which has actually been around since 2009. However, HITI stock only started trading on the Nasdaq Exchange on June 2, 2021. Source: Jetacom Autofocus / Shutterstock.com Luke Lango and the InvestorPlace research staff aptly described High Tide as an
In this article DSX EGLE GNK GOGL SBLK 316-HK 1919-SZ Aerial view of shipping containers sitting stacked at Shenzhen Yantian Port on February 27, 2021 in Shenzhen, Guangdong Province of China. Xie Feng | Getty Images Skyrocketing shipping prices, exacerbated by limited vessel supply, could bode well for some of analysts’ favorite shipping stocks. Global
At first glance, real estate loan originator UWM Holdings (NYSE:UWMC) might not sound like the most exciting company on the planet. Yet the price action of UWMC stock has actually been pretty wild lately. Source: Shutterstock I suppose we could chalk it up to the meme-stock phenomenon. When social-media traders commandeer a stock, its share price
As of this writing, the latest meme stock rally in ContextLogic (NASDAQ:WISH) stock appears to be running out of gas. Source: sdx15 / Shutterstock.com Starting June 1, this favorite of Reddit’s r/WallStreetBets subreddit, zoomed from $7.74 per share, to prices topping $15 per share. But, after falling to $14.93 on June 29, it may be
Shareholders of biotechnology company Novavax (NASDAQ:NVAX) continue to ride a rollercoaster of highs and lows, and many might be wondering when they can get off the NVAX stock ride. Source: Ascannio/Shutterstock.com NVAX stock reached a 52-week high of $331.68 a share on February 8th. It then fell 54% before rebounding and climbing 70% higher. However,
Check out the latest Zacks Personal Finance 101 video for the key differences between single and married withholding.
An equity-indexed annuity is a type of fixed annuity that is distinguished by the interest yield return being partially based on an equities index, typically the S&P 500. The general appeal of equity-indexed annuities is to moderately conservative investors who like having some opportunity to earn a higher investment return than what’s available from traditional
Opendoor Technologies (NASDAQ:OPEN) runs a digital platform for residential real estate. It is also on a massive home-buying spree. Eventually, that will lead to much higher cash flow, as I pointed out in my previous article on OPEN stock last month. Source: PREMIO STOCK/Shutterstock.com In fact, my analysis showed that at the time, it was