Stock Market

My view of IBM (NYSE:IBM) stock is quite mixed right now. The tech giant’s cloud business has rebounded under its new CEO, Arvind Krishna, but my positive thesis on IBM stock has a second component: the strong management and sales skills of Jim Whitehurst, the former CEO of the highly successful start-up Red Hat. Source:

Tesla’s (NASDAQ:TSLA) stock chart produced the first bearish “death cross” pattern in more than two years on Friday. The last time such a sign occurred, TSLA stock fell more than 40% within 65 days. Source: Ivan Marc / Shutterstock.com The 50-day moving average (DMA), one of the most-followed technical indicators of trends in price movement,

The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high

Clean Energy Fuels (NASDAQ:CLNE) stock has a long and not all that successful history. Source: ZikG / Shutterstock.com Famed energy investor Boone Pickens launched the company way back in 1997 as Pickens Fuel. It rebranded in 2001 to its current name, Clean Energy Fuels and it trades as CLNE stock on the Nasdaq. Pickens passed

Covid-19’s disruptive influence wasn’t limited to publicly traded securities already trading on the market. The schedule for initial public offerings, or IPOs, was also thrown for a loop. However, a dramatic decrease in Covid cases set the stage for a rush of new stocks. To understand the dynamics of IPOs, I highly recommend reading books

One of the key questions in the Wendy’s (NASDAQ:WEN) growth story is: How does it compare to the historical McDonalds (NYSE:MCD) growth trajectory? And can it ever duplicate that growth? These are questions that investors in WEN stock want to know. Source: Jonathan Weiss / Shutterstock.com Let’s take a look at the numbers. McDonalds has

Previously, I’ve taken a cautious view of FuboTV (NYSE:FUBO) stock. The company, a combo streaming/sports betting play, appeared to be at a long-term disadvantage, due to the high competition from larger, deeper-pocketed rivals. Source: monticello / Shutterstock.com In hindsight, that appears to be a short-sided view. Taking another look at the details, it’s clear there’s

From the outset, many market traders had high hopes for electric delivery van maker Workhorse Group (NASDAQ:WKHS). Even to this day, there are plenty of WKHS stock bulls – but their patience and confidence may be wearing thin. Source: Photo from WorkHorse.com Don’t get me wrong – on a long-term basis, the shareholders have done

In the last seven weeks, shares of Virgin Galactic (NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space. Source: Tun Pichitanon / Shutterstock.com At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact,

Short and fast, it was good while it lasted. That’s what the tombstone for the so-called “inflation trade” should read because, folks, it is dead. Once again, it’s time to look at strong growth stocks to buy, before they ride a wave of bullish macro sentiment higher. You heard that right. The great “value rotation”

For a brief moment in June, the Reddit trader army set its sights on Wendy’s (NASDAQ:WEN) stock. Chalk it up to an inside joke among r/WallStreetBets subreddit posters. Or perhaps a love of the fast food chain’s chicken sandwiches motivated the meme crowd. But, whatever the reason was, the short-lived rip, which took WEN stock

Clean energy and software firm Stem (NYSE:STEM) bottomed at below $20 in the last month. Since that time, investors accumulated shares steadily. STEM stock posted a steady stream of corporate news updates. Are those eventful enough to justify buying the stock after it already rallied? Source: petrmalinak/ShutterStock.com On June 15, Steam and CleanCapital announced a

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

It’s been more than two months since I last wrote about Workhorse (NASDAQ:WKHS). At the time, I thought WKHS stock was entering the buy zone for speculative investors. Source: rblfmr / Shutterstock.com Trading around $12.50, I felt the company’s 8,000 vehicle backlog was worth betting on in the low teens or high single digits. During

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

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,

JPMorgan Chase (NYSE:JPM) stock is up 23% in 2021, nearly doubling the S&P 500’s 14% gain. Source: Daryl L / Shutterstock.com But it’s still dirt cheap, especially compared with the fintechs it’s trying to catch as if they were Pokemon. America’s biggest bank has made OpenInvest its third fintech acquisition of the year, joining 55ip

Senseonics (NYSEMKT:SENS) stock has jumped 70% in the last month on hype from Reddit contributors. But SENS stock may be appealing for a reason beyond its short-squeeze potential; the sales of the  company’s flagship diabetes monitoring product, Eversense, could soar in the coming years. Source: Minerva Studio / Shutterstock.com But the stock’s current market capitalization

The world just endured the toughest test in recent history. The pandemic was a human tragedy and business disaster of epic proportions. It’s only normal to have stocks still bare scars from it, which is the case with Carnival Cruises (NYSE:CCL) stock. Source: Ruth Peterkin / Shutterstock.com This is a stock still deep down on its luck.

Editor’s Note: This article was updated on July 2, 2021, to replace the old tickers with MMAT. Suffice it to say that last year, not too many folks had heard of Torchlight Energy Resources. In 2021, however, a flurry of developments has directed traders’ attention to this little company. Where to begin? For one thing,