With shares of Carnival (NYSE:CCL) trading close to their 52-week high, you might assume everything is rosy in the cruise ship sector. But don’t let the seemingly bullish price action of CCL stock lull you into complacency. Source: Ruth Peterkin / Shutterstock.com I totally understand why some folks would consider CCL stock the ultimate Covid-19 pandemic
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Could industrial giant General Electric (NYSE:GE) be the “comeback kid” even though it’s an old company? For years, GE stock holders have looked to CEO Larry Culp in hopes of an epic comeback for this American manufacturing icon. Source: JPstock/Shutterstock.com Part of Culp’s plan has been to streamline General Electric, focusing on the aviation segment and
Durham, North Carolina-based medical device business Asensus Surgical (NYSEAMERICAN:ASXC) had an eventful first quarter of 2021. So did the folks who held ASXC stock, as it was a wild three months. Source: Dmytro Zinkevych / Shutterstock.com As we’ll see, there was a massive surge in the share price, followed by a sharp retracement. At the
When I last wrote about Nio (NYSE:NIO) stock last month, I made the case that it was ready to take another tumble. So far, that’s ended up being the case. Since late April, when shares in the Chinese electric vehicle (EV) play were finding support at around $35-$40 per share, the stock has seen a
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
Like many entertainment and gaming investments, the mobile e-sports group Skillz (NYSE:SKLZ) stock received significant attention in 2020. Source: Rawpixel.com/Shutterstock.com SKLZ stock started trading on the Big Board in December 2020, following a reverse-merger with Flying Eagle Acquisition, a special purpose acquisition company (SPAC). Developers use Skillz’s platform to build their businesses. The company also hosts
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
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