There are often frequent comparisons between Penn National Gaming (NASDAQ:PENN) and Draftkings (NASDAQ:DKNG). However, the companies couldn’t be more different. Penn National owns or has interests in some 40 gaming properties across 19 states, under well-recognized brands such Hollywood Casino and Boomtown. Draftkings, on the other hand, has an app — and it’s a money-losing
Stock Market
GameStop (NYSE:GME) exists in a world of its own. Trading at nearly $200 per share, GME stock is valued at more than 10x what it was priced at to begin the year. And in an interview with The Wall Street Journal, Wedbush Securities analyst Michael Pachter said the price is too high for any institutional
If you don’t mind adding an element of mystery to your portfolio, consider Pershing Square Tontine Holdings (NYSE:PSTH). Just be advised that, by acquiring PSTH stock, you’ll own a stake in a special purpose acquisition company (SPAC) with a yet unspecified merger target. Source: Dmitry Demidovich/ShutterStock.com Back in January of this year, I cautioned prospective investors
With Nokia (NYSE:NOK) stock down 39% from its January highs, many investors have started asking if it’s time to buy into the 5G revolution. 5G is clearly one of the biggest cycles of the decade, and Ericsson (NASDAQ:ERIC) can’t single-handedly build out every Western 5G network. At the same time, Chinese telecom behemoth Huawei is
It is good news and bad news that those who invest in publicly traded stocks have access to early-stage, unprofitable companies like Romeo Power (NYSE:RMO). RMO stock itself highlights both edges of the proverbial sword. Source: Nick Starichenko/InvestorPlace.com The good news ostensibly is that individual investors can own quality growth stories, even early in their
A generation ago the Dow Jones Industrial Average was filled with stocks like United States Steel (NYSE:X) and O-I Glass (NYSE:OI), known then as Owens-Illinois. They made basic goods other manufacturers turned into consumer products. Today these companies are barely noticed. The world has moved on. Technology rules, and biology is rising. Today’s Dow is
Shares of self-driving technology company Luminar (NASDAQ:LAZR) have been in a slump recently. But that slump may have just ended. The company delivered a strong business update on Thursday, and today LAZR stock popped more than 15%. Source: JHVEPhoto/shutterstock.com We suspected this would happen. Heading into that business update, we wrote that LAZR stock was
Nio (NYSE:NIO) shareholders are discovering that it’s difficult to carry the weight of expectations. NIO stock is down about 11% in 2021. And for now, the bears appear to be in control. To be fair, Nio has been in a far worse situation. But this time investors expect more. And for Nio to reach the
If you know me at all, you know I can’t live without my Dunkin’ Donuts caffeine fix in the morning. Source: Shutterstock I really needed my caffeine today because I was up before dawn getting ready for my new MoneyLine podcast and to take a short trip for business and pleasure. Still, I did the
The rise and proliferation of special purpose acquisition companies or SPACs may itself be in a bubble. Though SPACs have been around for a while, they’ve garnered tremendous popularity over the last several months. Gores Holdings VI (NASDAQ:GHVI) may be a blank-check company worth considering based on its announced merger target Matterport. Given the technology
Would you swap out your current gas-powered car for an electric one? Source: Shutterstock How about if the government gave you a “deep” discount on the new car to get you to do it? That’s what Senate Majority Leader Chuck Shumer told The Verge this week that he would like to see included in a