Lucid Group (NASDAQ:LCID) reported results for its first quarter as a publicly traded company this week. If Lucid was an established automaker like General Motors (NYSE:GM) or Toyota (NYSE:TM), we would be talking about the bottom line. For what it’s worth, the electric vehicle startup lost 43 cents per share for the third quarter, much
Stocks to buy
For years, Zillow (NASDAQ:Z, NASDAQ: ZG) was known as just an online real estate marketplace — and a very popular one, at that. Z stock mostly drifted sideways as the company stayed in its lane, collecting online home sale and rental listings for prospective buyers to view. Source: OpturaDesign / Shutterstock.com The next thing you know,
Lucid Group (NASDAQ:LCID) just released its Q3 financial results on Nov. 15, showing that its order book is growing nicely. It is now clearly seen as a real force in the luxury end of the electric vehicle (EV) market. As a result, LCID stock is bound to move substantially higher from here. Source: Around the
After a nice rally in early summer, Roku (NASDAQ:ROKU) stock fell apart midway. Since its August highs, ROKU lost 45% of its value. Moreover, technically there’s potentially more downside from here. But, today my message is positive overall. This is a stock to own for the long term. Source: JHVEPhoto / Shutterstock.com Meanwhile, investors should
There’s a pretty good chance that you haven’t spent much of your time thinking about functional materials. As an enterprising investor, however, you could discover serious profit potential with Meta Materials (NASDAQ:MMAT), as MMAT stock offers pure-play exposure to this high-conviction market. Source: Yuriy Golub / Shutterstock.com To put it simply, meta materials are a
Here’s another special purpose acquisition company (SPAC) stock, but this one is quite different from the others. It’s called SilverBox Engaged Merger (NASDAQ:SBEA), and it might provide an early-stage opportunity for investors. Source: Evgeny Karandaev/ShutterStock.com Nov. 2 was an important day for SilverBox Engaged Merger. That’s when the company announced that it was merging with Black
Novavax (NASDAQ:NVAX) bulls are finally rejoicing. Shares shot up after Indonesia, one of the top five most populous countries globally, greenlighted its vaccine recently. That came on the heels of the biotech filing emergency use authorization (EUA) packages with several authorities, including the world health organization (WHO) and the European Union (E.U.). All of this
GameStop (NYSE:GME) looks like it could be turning the corner financially. In its fiscal second-quarter results released on Sept. 8, sales rose to $1.183 billion from $942 million last year. Moreover, its net income loss was much lower than last year. Investors in GME stock could see a major turnaround sometime within the next year. Source:
Still stuck trading between $20 and $30 per share, it may seem like Palantir Technologies (NYSE:PLTR) is never bouncing back. But while returns with PLTR stock have been underwhelming over the past nine months, don’t get discouraged. Now is not the time to head for the exits. Source: Ascannio / Shutterstock.com Why? After its incredible run
Founded by somewhat eccentric billionaire Richard Branson, Virgin Galactic (NYSE:SPCE) is on a mission to make astronauts out of regular folks — who happen to have an extra several hundred thousand dollars lying around. You can invest in this intriguing mission with a position in SPCE stock. Source: Christopher Penler / Shutterstock.com To its credit, Branson’s
I have written several articles about AT&T (NYSE:T) and its proposed dividend cut. Suffice it to say that once the company spins off its Warner Media division and combines it with Discovery Inc (NASDAQ:DISCA), the dividend will be cut. That should occur sometime in 2022. For now, though, we can estimate where T stock will
Bionano Genomics (NASDAQ:BNGO) continues to take steps that will, in the long-term, tremendously boost its results and the share price. Consequently, I remain very bullish on BNGO stock. Source: Natali_ Mis/ShutterStock.com More specifically, the sales of Bionano’s Saphyr DNA mapping system are still accelerating, while a recent acquisition by the company should make the product
The cloud-based e-commerce platform Shopify (NYSE:SHOP) never ceases to amaze. In just 16 months during the pandemic, its total merchant’s gross merchandise volume (GMV) for SHOP stock has doubled from $200 billion to $400 billion. Source: Paul McKinnon / Shutterstock.com It has been the go-to platform for small businesses transitioning to an online model —
Don’t be intimidated by the long and odd-sounding name of blank-check company B. Riley Principal 150 Merger (NASDAQ:BRPM). Once you learn about the company’s business-combination plans, you’ll probably want to own a few shares of BRPM stock. Source: Dmitry Demidovich/ShutterStock.com B. Riley Principal 150 Merger is engaging in a special purpose acquisition company (SPAC) transaction
Paypal (NASDAQ:PYPL) is a screaming buy after its recent earnings fiasco. PYPL stock fell 12% on Nov. 9 immediately after it announced third-quarter results and forward guidance that left Wall Street cringing. Source: JHVEPhoto / Shutterstock.com Paypal stock had its worst one-day performance in nearly two years due to the substandard results. The online payments
There’s a lot of current news to digest related to Nvidia (NASDAQ:NVDA) stock. Among the news, Nvidia will release Q3 earnings on Nov. 17. That will interest investors looking to time a purchase around that release, spiking their curiosity. Source: Steve Lagreca / Shutterstock.com Further, Nvidia had a very strong October and its market capitalization
Facebook — now known as Meta Platforms (NASDAQ:FB) — is trying to change the narrative to a positive tone with its new name and upcoming MVRS ticker change on Dec. 1. That will help investors get excited about FB stock again. This includes its new focus on the metaverse and its desire to move into
With recent news of Zillow’s (NASDAQ:ZG) costly exit out of the ibuyer business, you may question the merits of considering housing plays as stocks to buy right now. It’s clear the digital-first real estate services company got in over its head with its move into the house flipping game. But it may not be a sign
Phunware (NASDAQ:PHUN) is a mobile phone SaaS (Software as a Service) company that just raised a pile of cash. In a recent presentation that the company gave at a Benzinga conference, Phunware said that it now has $66 million in cash on its balance sheet. That’s probably enough to justify its inflated $365 million market
Zillow (NASDAQ:ZM) sent shockwaves through the real estate industry last week when the company announced its abrupt departure from the iBuying industry. Source: Tada Images / Shutterstock.com “iBuying,” or online home shopping, is when real estate companies leverage advanced pricing algorithms to make instant cash offers on homes via a website or mobile app, renovate
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