Category: Stock Market

Gamestop (NYSE:GME) reported very good news June 9, and the stock tanked. Source: quietbits / Shutterstock.com An adjusted net loss of 45 cents per share was offset by a sales gain of 25%, to...

I believe that Swedish oat milk maker Oatly (NASDAQ:OTLY) has the ingredients, both literally and figuratively, to become very successful over the longer term. Nonetheless, given the gigantic valuation of OTLY stock, I advise...

The markets are dealing with an army of investors who are after heavily shorted stocks. But there are also fundamentally strong names where initiating a short position can be risky. These are the so...

Online pet destination Chewy (NYSE:CHWY) smashed first-quarter numbers by a wide margin, but CHWY stock still fell. Source: designs by Jack / Shutterstock.com This is fine. Chewy’s guided Q2 and full-year revenues fell relatively...

While 2020 was quite a year for electric vehicle stocks, 2021 is so far dominated by meme stocks. Earlier this year, meme stocks became popular as retail investors sent the price of GameStop (NYSE:GME)...

Oatly (NASDAQ:OTLY) zoomed from $17 per share to over $26 per share after its debut on the NASDAQ exchange. But can OTLY stock continue to climb? Say what you will about the company’s oat...

Sin stocks may be controversial for some readers. But they can potentially generate lucrative returns. The so-called “sin” or “vice” stocks mostly include alcohol, tobacco, marijuana, gambling, adult entertainment and defense industries. The AdvisorShares...

Pot stocks have seen incredible strength over the past month, and Tilray (NASDAQ:TLRY) has been at the forefront of this cannabis rebound. TLRY stock has maybe seen a slight surge due to social momentum,...

On Monday, Apple Inc (NASDAQ:AAPL) held its World Wide Developer’s Conference (WWDC) 2021 keynote event. Although aimed at software developers, the annual WWDC keynote has had some memorable new product launches in the past....

Paysafe (NYSE:PSFE) is a United Kingdom-based company that makes a specialty of handling gambling payments. Now having gone public through a special purpose acquisition company (SPAC), PSFE stock is being touted as the best...

With the ongoing lawsuit, Ripple (CCC:XRP-USD) has remained significantly volatile. At the beginning of the year, XRP was trading at $0.22. With all cryptocurrencies surging, XRP touched a high of $1.84 in mid-April. The...

AMC Entertainment (NYSE:AMC) sold 11.55 million shares of AMC stock on June 3 at $50.85 a share. The stock sale raised $587.4 million in equity proceeds before fees. As a result of the sale,...

Online sports betting companies are changing the way people experience sports. DraftKings is a daily fantasy sports company that has made the most of the pandemic. Through its suite of applications, it has gained...

Growth stocks had a rocky time in May, when concerns about inflation resulted in a temporary sell-off. Why did inflation chatter cause such a reaction? It’s not inflation per se that’s the worry. The...

I should know better than to make price predictions about biotech stocks like Ocugen (NASDAQ:OCGN). Clearly, I don’t have a clue where OCGN stock is headed.  Source: Shutterstock In early May, I wrote a...

The SPAC train may have been derailed a bit by the sell-off in high-growth stocks, but that doesn’t mean every SPAC is a sell. Take SoFi Technologies (NASDAQ:SOFI) for instance. SoFi stock is a growing...

Sundial Growers (NASDAQ:SNDL) is down about 37% since I last wrote about it in March. That’s a bitter pill for bull-minded retail investors who remain committed to the company. But it has to be music...

Hyliion (NYSE:HYLN) continues to hover around its debut price of around $10. And for investors it must be starting to feel like Groundhog’s Day. It certainly does to me. Every time I’m asked to take...

Did Palantir (NYSE:PLTR) stock find its floor at price just under $20 per share? And, if so, can the data analytics play’s bounce back over the past few weeks continue? Yes and no. On...

Workhorse’s (NASDAQ:WKHS) stock was up both Tuesday and Wednesday, but it really gained steam today. Today’s massive surge in WKHS stock is likely thanks to the current meme stock trading phenomenon. Shares of the...

In 2021, the hottest of the Cloud Czars is the one I don’t own. That would be Alphabet (NASDAQ:GOOGL,GOOG), formerly known as Google. As June opened, GOOG stock was up about 38% for the...

We know we’re repeating ourselves, but we’re serious — AMC’s (NYSE:AMC) CEO knows exactly what he’s doing, and this isn’t the last you’ve heard of the soon-to-be-legendary AMC meme stock. Source: Sundry Photography / Shutterstock.com...

Inflation worries are weighing on investors. The U.S. 10-year Treasury yield reached 1.62%, and bond yields are rising. Last year, the benchmark note’s yield hovered at 0.7%. Analysts say fiscal stimulus measures introduced during...

It isn’t too late to ride AMC (NYSE:AMC) stock’s massive wave with the rest of the crowd, but you should be prepared to get out of AMC stock before the hype dies. Source: Helen89...

As the world comes out of the pandemic, governments are spending fortunes trying to stimulate their economies. Nobody’s doing more than the United States and China. The tailwinds are huge for stocks, including popular...

On the surface, Asensus Surgical (NYSEAMERICAN:ASXC) stock looks like just another sputtering SPAC. Source: Dmytro Zinkevych / Shutterstock.com But it’s not a SPAC. This company came public as TransEnterix back in 2014. It raised...

There’s a lot to like about Lucid Motors stock and its SPAC partner Churchill Capital Corp IV (NYSE:CCIV). Lucid is a pure-play on electric vehicles, one of the hottest and potentially biggest growth markets...

It’s been quite the year for the life sciences company, Bionano Genomics (NASDAQ:BNGO). BNGO stock was trading for as little as 50 cents late last year before the short squeeze lifted the stock past...

Space tourism company Virgin Galactic (NYSE:SPCE) had its single best trading day on Monday, after its successful spaceflight test. Its oft-delayed test flight finally reached its pre-ordained altitude after its December attempt was cut short. As...

Ocugen (NASDAQ:OCGN) stock has surged by over 2,600% in the last year. This rally is not surprising, since Ocugen and Bharat Biotech have signed a deal to co-develop a novel-coronavirus vaccine candidate, Covaxin. However,...

The meme stock phenomenon seemed like it was over and done with. But, as seen from the latest movement from GameStop (NYSE:GME) stock, it’s not over just yet. Looking to beat the so-called “smart...

As most people spent the majority of 2020 stuck at home, many realized that they wanted to spruce up their surroundings. If they were going to spend so much time at home, why not...

If you want to speculate on Light Detection and Ranging (LiDAR), a technology for making cars autonomous or at least safer, the place to be has been MicroVision (NASDAQ:MVIS). Source: temp-64GTX/Shutterstock.com This doesn’t mean...

United Airlines (NASDAQ:UAL) stock has had a pretty good year so far. As of May 27, UAL stock is up over 36.7% year-to-date (YTD). It’s also up 100% over the past year. This is despite...

Having recently lost an aged cat to kidney failure, I decided it was time to look at Zomedica (NYSE:ZOM) again. When I last examined ZOM stock at the end of March, shares traded for...

Investors looking for a high-risk, high-reward investment in a vaccine maker should consider buying a small amount of Vaxart (NASDAQ:VXRT) stock. Source: Ascannio / Shutterstock.com Vaxart has developed a vaccine candidate for the coronavirus...