Stock Market

The bulls are completely in charge of Wall Street since the pandemic bottom last year. But in spite of the indices setting records, there are some stocks lagging now. Cannabis in general is a sector struggling of late. Tilray (NASDAQ:TLRY) stock has been in a downward spiral since February. From high to low it fell

When I last wrote about QuantumScape (NYSE:QS) stock in May, I argued why it was way too early to buy it. One month later? That’s still looking to be the case. The electric vehicle battery play was red hot late last year, when it briefly hit prices as high as $132.73 per share. Source: Michael

Over recent articles at InvestorPlace, I mentioned that the narrative for electric vehicles isn’t exactly as clear cut as previously thought. Though EVs may be the future, they’re still awfully expensive. As well, lack of infrastructure is a major challenge. Therefore, my general bullishness in Churchill Capital (NYSE:CCIV) seems contradictory. Wouldn’t CCIV stock succumb to

It’s fair to say that Inovio Pharmaceuticals (NASDAQ:INO) wasn’t the first or most famous entrant into the Covid-19 vaccine race. Nevertheless, there are reasons to be bullish on INO stock. Source: Ascannio / Shutterstock.com It’s unfair to pigeonhole INO stock as “just a Covid stock.” Inovio remains on the cutting edge of DNA science with 15

Climate change is a hotly debated and highly politicized situation. You have some that believe the world is going to be ruined within our lifetime and others that think it’s a complete hoax. Outside from the extremes, there are many people in the middle that know it’s a problem, they just don’t know how big

A meme stock with huge earnings and strong fundamentals? Pretty rare, right? Well, let me introduce you to UWM Holdings (NYSE:UWMC). UWMC stock is the rare one where both Reddit traders and value investors can unite. The shares are cheap, the business is booming and social media is all over the stock. Source: Shutterstock The market

QuantumScape (NYSE:QS) stock supports a next-generation battery technology developer aiming to revolutionize the EV charging sector with solid-state batteries. Source: Michael Vi / Shutterstock.com Despite its pre-revenue status, QuantumScape is well-funded and continues to execute its plans effectively to gain the confidence of its stockholders. Although several risks remain with its business, it is doing

With so much enthusiasm baked into the equities sector, many investors undoubtedly feel that now is a time to consider a risk-off profile. Frankly, I agree with these folks. That said, we’re coming off the (hopefully) worst of the novel coronavirus pandemic. Therefore, others believe that the best days are still ahead of us. If

Bed Bath & Beyond (NASDAQ:BBBY) and GameStop (NYSE:GME) are two of the most popular meme stocks of 2021. Barron’s published an article on June 7 suggesting BBBY stock was one of the more popular memes.  Source: Shutterstock Flash forward 8 days and the home furnishings retailer doesn’t even make WallStreetBets top 10-list of most-discussed stocks.

Shares of High Tide (NASDAQ:HITI) popped Friday on meme hype, closing at $7.50. Ignore the hype, and focus on the company. Source: Shutterstock Every industry needs a centralized retailer. Centralized retailers offer consistency of price, experience, inventory and convenience. For cannabis, that could be High Tide. High Tide has the potential to transform itself into the “Walmart of

Nikola (NASDAQ:NKLA) is a poster child for the special purpose acquisition company (SPAC) boom and bust of the past year. Nikola rose to prominence in 2020. Investors hoped that Nikola, powered by its charismatic founder, Trevor Milton, could become the next Tesla (NASDAQ:TSLA). For awhile, NKLA stock soared as Milton’s pitch gained more and more

ChargePoint (NYSE:CHPT) stock took a bit hit in March and April but has bounced back nicely in May and June. It’s now pushing its way towards all-time highs. Source: YuniqueB / Shutterstock.com The catalyst? There are a few of them — Recharged growth trade on lower bond yields Reinvigorated optimism about EVs and the charging network

On May 10, BlackBerry (NYSE:BB) filed its 2020 proxy statement with the Securities and Exchange Commission (SEC). It showed that the company’s second-largest shareholder, Canada’s Fairfax Financial (OTCMKTS:FRFHF), hadn’t sold a single share of BB stock over the past year.  Source: Shutterstock Up 189% over the past 52 weeks, in part, to it becoming a

Workhorse (NASDAQ:NYSE) gained 5.3% today on word that the company is filing a legal challenge to USPS’s contract decision. Back in February, WKHS stock tanked when USPS announced, in a surprising turn of events, that they’d be partnering with Oshkosh (NYSE:OSK) instead of crowd-favorite Workhorse. But this boost won’t undo February’s massive plummet, and it’s

In January, it was GameStop (NYSE:GME) leading the charge at the center of the Reddit rally. Now, AMC Entertainment (NYSE:AMC) is the front man, this time leading the so-called meme stock rally. Source: viewimage / Shutterstock.com Investors are wondering how long this rally can last and whether it’s actually sustainable. I hate to stick my

It wasn’t long before marijuana was considered a taboo. Emerging science, however, has altered customer perceptions and has paved a path for its legalization. As a result, the global legal marijuana market continues to expand at an impressive rate. Most recently, PSY (NYSEARCA:PSY), the first psychedelic stock ETF, hit the market. In turn, several psychedelic

A cursory glance at Canopy Growth’s (NASDAQ:CGC) year-to-date price chart suggests now may be time to pick up inexpensive shares of the stock. After all, just a few months prior shares were double their current $25 price.  Source: Shutterstock However, that narrative would only be valid if the company were moving in a positive direction.

In the past month, QuantumScape (NYSE:QS) stock has gone basically nowhere. When I last wrote about QS stock on May 12, it closed at $27.30, but as of June 11, it was at $27.90. But when I began the previous article on May 11, it was at $29.48. In effect, it has actually fallen over

With the U.S. in desperate need of rare earth materials, keep an eye on MP Materials (NYSE:MP) stock. Source: LuYago / Shutterstock.com Right now, China controls about 87% of global production, which could cause big problems. After all, by 2030, demand for rare earth materials is expected to more than double to 270,000 tons per

Lucid Motors is a luxury electric vehicle manufacturer — going public through a SPAC merger with Churchill Capital (NYSE:CCIV) — producing vehicles that don’t compromise on performance. And they’re appealing to a range of customers that Tesla has begun to leave behind. Source: gg_photography / Shutterstock.com Their best-in-class technology rivals Tesla’s, and their battery tech