Stock Market

Editor’s Note: This article was updated on May 17, 2021, to remove a ticker erroneously associated with SAS. Investors in software and data analytics group Palantir Technologies (NYSE:PLTR) stock have not had a good 2021 so far. Since the start of the year, PLTR stock is down about 15%. Its current market capitalization stands at $38

In some ways, MicroVision (NASDAQ:MVIS) stock reminds me of GameStop (NYSE:GME). But, unlike many other stock pundits,  I don’t think that the companies, whose shares have both been lifted by Reddit users,  are complete “losers.” Source: Shutterstock Instead, I think that both names have great potential.  I also believe, though, that both of their stocks

I have always been bullish on electric vehicle stocks and I am a strong believer in the potential of the sector. The EV sector is no longer limited to China, it has expanded globally and there is a noticeable surge in the demand of EVs. One such company making the most of the EV boom

It’s been a volatile year for Sundial Growers (NASDAQ:SNDL) stock. At the beginning of the year, SNDL stock was trading at 47 cents per share. With aggressive growth plans and hopes for Federal level legalization of cannabis, investors pushed SNDL stock to $3.96. Source: Shutterstock It didn’t take time for the rally to fizzle out

The steep drop in shares of Pinterest (NYSE:PINS) resumed after the company posted quarterly earnings on April 27. Investors fretted over the user growth warning ahead of the re-openings. During the pandemic, markets became complacent on this high-flying social networking site’s user growth prospects. PINS stock, which had a roller-coaster first quarter, but was up

It’s difficult, I’ll admit, to ignore Elon Musk. He’s a consummate showman and pitchman, and when he tweets about Dogecoin (CCC:DOGE-USD), people listen and usually the Dogecoin price moves quickly. Source: shutterstock.com/Igor Igorevich Musk has posted numerous attention-getting (or should I say, attention-seeking) statement about the Shiba Inu-faced coin. One of his most famous tweets declared,

At the end of last month, shares of Clover Heath Investments (NASDAQ:CLOV) rallied from a “multiple bottom” signal. This is one of many Reddit stocks that demonstrated a classic short squeeze in the last few months. Reddit is a forum whose subgroup (or sub-reddit), WallStreetBets, caters to the speculative trader. The subreddit rose to the

General investment concepts have not changed much overtime. The idea is to find opportunities before the masses do. The strategies, on the other hand, have morphed into something different. We now have a new breed of traders that are trying to make waves. Therefore, there are a lot of stocks to avoid at these levels.

Though it may not seem like it given the push to develop advanced batteries for the electric vehicle revolution, the search for a superior powerplant is a decades-long dance. Indeed, the main structure of the battery hasn’t changed much since its invention. But that’s exactly what QuantumScape (NYSE:QS) would like to change. QuantumScape claims that

Due to the dramatic rise and integration of e-commerce, it’s no surprise that many companies have set their crosshairs on Amazon (NASDAQ:AMZN). Despite multiple attempts at its dethroning, Amazon remains the benchmark of dominance and consistency. In that context, online retailer Coupang (NYSE:CPNG) seems doomed to be another face in the crowd. Still, CPNG stock

As we’re watching new infections of the novel coronavirus come down from their peak earlier this year, multiple businesses are anxiously holding their breath. But perhaps no sector wants a return to normal more so than lodgings and hospitality. That includes technology firm Airbnb (NASDAQ:ABNB). Pre-pandemic, ABNB stock was a hotly anticipated initial public offering.

Tilray (NASDAQ:TLRY) will hold a shareholder meeting on April 14 to vote on its proposed merger with Aphria (NASDAQ:APHA). In effect, it will be a reverse merger. Aphria shareholders will end up controlling the total TLRY stock outstanding. The combination will make Tilray as the surviving company the largest cannabis company. It will also likely

While we’ve seen some crazy moves over the trailing year, one company I didn’t expect to light up the performance leaderboard is Ocugen (NASDAQ:OCGN). True, it’s under fire right now, but let’s look at the broader context. On a year-to-date basis, OCGN stock is up over 270%, currently priced just below $7. That’s a huge

Opportunities. Source: Shutterstock That’s the key word for today. And let me tell you … there are a lot of them right now. On today’s new episode of MoneyLine, I share multiple opportunities popping up in a variety of investment trends. They’re being created by everything from the blow up of a $20 billion hedge

During this crazy period in the markets where soaring valuations on Wall Street provided a stark contrast to the massive pain on Main Street, the one sector that started to attract some skepticism was technology. But with the very positive session across the board for major indexes on March 26, tech might be making a

I’ve been following Virgin Galactic (NYSE:SPCE) stock since not long after it joined the public markets. It’s been a bumpy ride. Source: Christopher Penler / Shutterstock.com In November, just days after its SPAC (special purpose acquisition company) merger closed, I highlighted SPCE stock on my Moneyline podcast. At the time, SPCE stock already looked like

Investing in a special purpose acquisition company, or SPAC that has yet to announce its merger target is always a gamble. After all, you’re completely unaware of the type of business you’re investing in. Investing in such a scenario is a bet on the SPAC’s sponsor. Enter legendary investor and hedge fund manager Bill Ackman’s

Snowflake (NYSE:SNOW) about even with its mid-September $240 initial public offering but it’s far below peak prices in the last six months. For example, SNOW stock closed at $325 a share on Nov. 30. Source: rblfmr / Shutterstock.com Year-to-date the shares have fallen 16.5%. The problem is the company’s sky-high valuation. It may be a while

Castor Maritime (NASDAQ:CTRM) stock is fairly alluring. The company is a shipping operator that is aggressively growing its fleet. There is a logical, if speculative, economic argument underpinning an investment in shipping stocks.  Source: Pavel Kapysh / Shutterstock.com The company now has a fleet in excess of a dozen ships. CTRM stock is currently trading

I’ve been handed another assignment to cover a stock I’ve never heard of. Apparently, Gevo (NASDAQ:GEVO) specializes in next-generation zero-carbon-emission fuels for planes, trains and automobiles — I made that last part up because I love John Candy movies — and is a business I ought to know about. More importantly, GEVO stock is up more