Stocks to buy

Reddit has become an unlikely stock trading hub in 2021. With more people turning to the site for financial advice, it’s no surprise that Redditors are making fortunes off their stock picks. Online traders have become more innovative and aggressive with their trading tactics. They can orchestrate targeted buying campaigns in some of the most

A few weeks back, I made the case why a “wait and see” approach may work best with Gores Guggenheim (NASDAQ:GGPI). However, taking a second look, I’m changing my view. That cautious strategy may not be the best move with GGPI stock after all — especially as more comes out about the special purpose acquisition

My last story covering SoFi Technologies (NASDAQ:SOFI) was on Nov. 24. I suggested that investors should care little that Social Capital venture capitalist Chamath Palihapitiya was selling some of his SOFI stock.  Source: rafapress / Shutterstock.com Since its publication, SOFI has lost almost 30% of its value. While I don’t have a problem taking the

SoFi Technologies (NASDAQ:SOFI) made its eagerly anticipated debut as a public company on June 1 when it merged with special purpose acquisition company  Social Capital Hedosophia Holdings V. SOFI stock hit a high above $24 shortly thereafter before turning lower. It briefly made it back to that level in mid-N0vember on general excitement about fintech

Tech stocks overall were hit hard late last month. Blame that mostly on market-wide uncertainty. However, one such name, Asana (NYSE:ASAN) has suffered a double whammy. A negative reaction to its latest earnings report has sent ASAN stock tanking a second time. Source: rafapress / Shutterstock.com Results may have come in ahead of expectations. But with

In recent weeks, more evidence has emerged supporting my initial assessment of Digital World Acquisition Corp. (NASDAQ:DWAC). DWAC stock is a special purpose acquisition company (SPAC) planning to merge with Trump Media & Technology Group Corp. (TMTG). Source: Dmitry Demidovich/ShutterStock.com TMTG is expected to own and operate Truth Social, a new social media website led

Sundial Growers (NASDAQ:SNDL) is a cannabis stock that had flown under the radar before its meme stock rally this year. The Canadian marijuana producer took advantage of the wild swings in the market to strengthen its balance sheet and change the negative sentiment around its stock. Source: Postmodern Studio / Shutterstock.com Thanks to the massive

The merger between Polestar and Gores Guggenheim (NASDAQ:GGPI) is expected to happen in the first half of 2022. Since the Swedish electric vehicle (EV) manufacturer announced its merger with the special purpose acquisition company (SPAC) on Sept. 27, GGPI stock has gained about 14% or so. Source: Jeppe Gustafsson / Shutterstock.com However, at one point

Market uncertainty heightened when scientists detected omicron, a Covid-19 variant, in Africa. Ahead of the discovery, markets speculated that Federal Reserve Chair would delay his plans of a taper. Tapering involves slowing and eliminating the government purchase of debt. In light of the emergence of omicron, Fed Chair Jerome Powell told a congressional committee that

Nokia (NYSE:NOK) has been a sleeping tech giant for the past five years, but suddenly it woke up in 2021. Now, the company has a major business transformation underway. But more importantly for NOK stock investors, it has achieved remarkable financial performance this year. Shares are up by approximately 52% year-to-date (YTD), outperforming the S&P

Arista Networks (NYSE:ANET), a fast-growing cloud software services company, produced stellar results for its third quarter ending Sept. 30. However, despite what some analysts think given its already-high valuation, ANET stock could still rise higher. Source: Sundry Photography / Shutterstock.com Arista Networks produces cloud networking solutions for corporate America. In this regard, it is sort

The holiday season has arrived. Bullish investors are hoping for a potential Santa Claus rally after what’s been a bumpy start to the last month of the year. As more information on the omicron variant continues to crop up, Wall Street’s worst fears of a large-scale lockdown seem to be fading away. Against this backdrop,

It’s funny how some of the market’s darlings of 2020 have been ignored or even hated in 2021. Digital sports entertainment and gaming company DraftKings (NASDAQ:DKNG) is a textbook example of this, as DKNG stock abruptly fell out of favor this year. Source: Postmodern Studio / Shutterstock.com How can we explain this? Maybe it’s just an

If you bought Asana (NYSE:ASAN) a month ago, you’re probably not very happy with your 41% paper loss on ASAN stock. Fear not.  Source: rafapress / Shutterstock.com Although the work management platform’s stock has cooled off in recent weeks, it is still up 251% from its September 2020 IPO price of $21. It’s gotten to

Cryptocurrency miners, like Riot Blockchain (NASDAQ:RIOT) have been explosive. Source: Marko Aliaksandr/ShutterStock.com After starting the year at a low of $15.85, shares of RIOT blasted to a high of $79.50. All as it rallied along with Bitcoin (CCC:BTC-USD). After all, the higher BTC moves, the higher RIOT moves. We’ve seen the same thing happen with

For generations of investors, telecommunications giant AT&T (NYSE:T) has been as solid as a rock. However, the performance of T stock during the past few years has disappointed some shareholders. Source: Lester Balajadia / Shutterstock.com It’s challenging to pinpoint what went wrong. One commentator described AT&T’s $85 billion purchase (plus debt) of Time Warner in 2018

Salesforce (NYSE:CRM) stock, like other tech stocks, looks cheap again. So is it time to buy the dip in CRM stock? Source: IgorGolovniov / Shutterstock.com That depends in part on whether the shares are cheap, or just slightly less expensive. Salesforce stock is down 16% since Nov. 9.  Most of that fall came after it announced

Financial technology (fintech) is gaining popularity with each passing year as consumers look for convenient and easy ways to manage their finances. Whether it is a loan or an investment, we want it at our fingertips at a moment’s notice, and SoFi Technologies (NASDAQ:SOFI) is here to make it possible. The company’s moves in the industry

Technology stocks have taken a hit lately, and Teladoc Health (NYSE:TDOC) has not been immune to the sector-wide effects. However, TDOC stock is my top pick in this category for future gains. Source: Postmodern Studio / Shutterstock.com There are two key factors that have driven down tech stocks. First is a valuation issue; the market

Rivian Automotive (NASDAQ:RIVN) is the latest famous electric vehicle (EV) maker to make an initial public offering (IPO) in the market. RIVN stock has proven to be quite volatile. Opening well above its IPO price at around $104 during its first trading day, RIVN stock soon rocketed to an all-time high of $179.47. Source: James