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
The housing bubble of the last year has made Zillow Group (NASDAQ:Z) co-founders Rich Barton and Lloyd Frink into billionaires. However, after peaking at nearly $198 per share in February, however, Z stock is making speculators poorer. Source: Shutterstock The way things are going, Zillow stock will end April below $133 a share, taking the
I continue to believe that FuboTV (NYSE:FUBO), with anything like its current content and price points, will never appeal to the vast majority of Americans. Meanwhile, I think that the platform’s appeal to sports bettors is greatly overblown. Given these points, I remain convinced that, despite its recent pullback, FUBO stock remains vastly overvalued. Source:
In this article CRUS X SWKS WDC FSLR GILD AMZN TWTR The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California. Mike Blake | Reuters Check out the companies making headlines after the bell on Thursday: Twitter — Shares of the social media giant fell 9.4% after the company’s
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
After a decade spent writing that hydrogen was the future I was excited about the rise of Plug Power (NASDAQ:PLUG) last year. Despite a recent drop in price, PLUG stock is currently up about 535% in the past year. Source: DesignRage / Shutterstock.com Plug Power wants to create a market for hydrogen fuel. After building a
I believe that many investors and stock pundits are greatly underestimating the impact of the extremely tough competition that electric-vehicle maker Fisker (NYSE:FSR) is likely to face. Further, I don’t expect the relatively low price and the environmentally friendly materials of Fisker’s Ocean SUV to enable it to sell nearly enough EVs to justify the
President Joe Biden addresses a joint session of Congress at the U.S. Capitol in Washington, U.S., April 28, 2021. Doug Mills | Reuters If the stock market is considered a barometer of success, Joe Biden’s first 100 days in office is starting off with a bang…a big bang. Since the election, the S&P 500 is
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Ford — Shares of the automaker fell more than 9% on Thursday after Ford said it expected to lose half of its second-quarter production due to the global semiconductor shortage.
Pharmaceutical stocks have been on investors’ radar more than usual in the past year as the healthcare sector grapples with the not-so-novel coronavirus. While the world is looking to reopen, the headaches caused by Covid-19 are still present. While restaurants are reopening and parts of the world are recovering, healthcare is still disrupted plagued by
Amazon.com, Inc. (AMZN) is one of the most valuable megacap companies on the Nasdaq exchange. The firm commands a high premium valuation because of its demonstrated record of consistent sales growth. However, it almost always appears grossly overvalued when using earnings-based valuation methods. Amazon pursued a strategy of reinvesting most of its profits into the
We highlight four ETFs that are benefitting from the move to the cloud.
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
At a cursory glance, you would expect the cannabis industry to receive an exemption regarding the devastating impact of the novel coronavirus pandemic. Primarily, Americans are stressed. Never before since perhaps World War II has a disruptive event impacted the entire nation. In theory, this should benefit Canopy Growth (NASDAQ:CGC) stock. Source: Shutterstock In reality,
A commonly used adage in the financial-world is “sell in May and go away.” The reason is a relative under-performance in the markets between May and October. With that in mind, it might be a good time to look at some stocks to sell in May. If we look at the S&P 500 index average
In this article AAPL EBAY F FB QCOM EBay Inc. signage is displayed at the entrance to the company’s headquarters in San Jose, Calif. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: Apple — The technology giant’s stock ticked up 2.9% after the company
News of game-changing drugs, treatments and vaccines may dominate the headlines when it comes to pharmaceutical stocks. But, taking a gamble with high-risk, high-possible return biotech stocks isn’t the only way to approach this sector. There are less risky opportunities in this space. Sure, they may not generate the triple-digit percentage gains we’ve seen in
DraftKings (NASDAQ:DKNG) has been on my radar for a while, particularly given its high-growth profile. The company is operating in a secular growth environment, while DKNG stock was one of the few stocks to hold up during the high-growth stock selloff earlier this year. Source: Tada Images/Shutterstock.com In late February and early March, high-growth
What Happened to the Shopify Stock Price Today? Shopify (NYSE:SHOP) stock popped more than 10% on Wednesday after the e-commerce solutions provider reported very strong first-quarter 2021 numbers, topping the Street’s revenue and profit expectations. SHOP stock is now up 18% year-to-date, 104% over the past year, and 910% over the past three years. Watch
In this article ENPH Solaray Director Jonathan Fisk moves a solar panel at the solar power installation company’s Sydney facility. Jason Reed | Reuters Shares of Enphase Energy dipped more than 14% on Wednesday after the company warned about the ongoing impacts of the chip shortage. For the first quarter the company, which makes microinverters