NVIDIA Corporation (NASDAQ:NVDA) shareholders are enjoying another year of solid growth in their holdings. So far in 2021, NVDA stock is up an impressive 56%. However, some investors are looking nervously at what’s happening with cryptocurrencies. Source: rafapress / Shutterstock.com This has been a volatile year, and many cryptocurrencies have crashed. The last time this
Stocks to buy
ViacomCBS (NASDAQ:VIAC) may be making all the right moves when it comes to streaming. But investors have yet to get excited again about VIAC stock. Since cratering in April, due to the Archegos blow up, the shares of the media conglomerate have traded sideways, changing hands for around $45 per share. Source: Jer123 / Shutterstock.com
Put simply, Asensus Surgical (NYSEAMERICAN:ASXC) is involved in the robotic-surgery industry. The company’s flagship product is its Senhance System, which is used in surgical procedures. But ASXC stock’s story is a little more complex than that. Source: shutterstock.com/MAD.vertise Basically, the Senhance System is focused as much on cost-cutting as it is on being futuristic. In addition,
“Meme stocks to buy” has become one of the hottest topics on Wall Street. Since January, retail investors have taken advantage of their collective power to help generate breathtaking gains for underdogs like Gamestop (NYSE:GME) and AMC (NYSE:AMC). Now, those who’ve had the foresight and courage to invest in these meme stocks at the right
Growth stocks have been very popular for a long time. And a lot of that has to do with more than a decade of ultra-low interest rates. But not all growth stocks rise for the same reasons. Sometimes, like last year, big-cap growth stocks prevail because they’re safe and dominant — nothing is going to
At first glance, real estate loan originator UWM Holdings (NYSE:UWMC) might not sound like the most exciting company on the planet. Yet the price action of UWMC stock has actually been pretty wild lately. Source: Shutterstock I suppose we could chalk it up to the meme-stock phenomenon. When social-media traders commandeer a stock, its share price
July 2021 will be a big month for Lucid Motors (NYSE:CCIV) and CCIV stock. For one, it will be listed on the Nasdaq under LCID later this month. But July of next year will be even bigger. Over the next year, Tesla (NASDAQ:TSLA) will continue to occupy itself democratizing EVs for all, while Lucid Motors will
Opendoor Technologies (NASDAQ:OPEN) runs a digital platform for residential real estate. It is also on a massive home-buying spree. Eventually, that will lead to much higher cash flow, as I pointed out in my previous article on OPEN stock last month. Source: PREMIO STOCK/Shutterstock.com In fact, my analysis showed that at the time, it was
SoFi (NASDAQ:SOFI) closed its SPAC merger early in June and celebrated roughly 40% gains in the month of May. It’s no surprise that everyone we’ve told about SoFi loves it. Everyone we’ve told about SOFI stock loves that too. Source: rafapress / Shutterstock.com And now that it’s since dropped below the $20-plus level after its post-SPAC
Microvision (NASDAQ:MVIS) has seen its shares go on a wild ride over the past year. A penny stock for the first half of 2020, MVIS stock closed as high as $26.44 in late April. With that kind of exponential growth, of course Reddit and r/WallStreetBets were involved. Source: Shutterstock However, the Microvision story is a little
The last time I wrote about C3.ai (NYSE:AI) was on June 14, two days before the provider of enterprise-scale artificial intelligence (AI) application solutions announced a new partnership with a subsidiary of Singapore Telecommunications (OTCMKTS:SGAPY). Since the announcement, AI stock has moved almost 7% higher. Source: shutterstock I’m on record stating that if you can
ViacomCBS (NASDAQ:VIAC) shareholders know the feeling of being caught up in events beyond their control. The value of VIAC stock surged at the start of 2021, topping $100 in March for 174% growth. Then the bottom fell out. Source: Jer123 / Shutterstock.com The story involved the collapse of hedge fund Archegos Capital Management and a
It’s no secret anymore that Target (NYSE:TGT), under Brian Cornell, is America’s best-run retailer. That’s why I recommend TGT stock to anyone who will listen. Source: Robert Gregory Griffeth / Shutterstock.com Since Cornell became CEO in 2014, in the wake of a credit card breach that forced out his predecessor, Target shares are up 300%.
Financial technology startup SoFi Technologies (NASDAQ:SOFI) went public as SOFI stock on Jun. 1 via a reverse-merger with a special purpose acquisition company (SPAC) called Social Capital Hedosophia Corp. V. As a result, SoFi raised $2.4 billion in cash proceeds to be used for further expansion strategies. Source: rafapress / Shutterstock.com Commonly referred to as blank-check
In the age of meme trades and wild bets in speculative markets, the idea of jumping on board cheap stocks to buy might seem risky from all angles, particularly from the time perspective. That is, you typically don’t want to chase trading narratives that are long in the tooth. And this objection — along with
Deutsche Bank just initiated coverage on AST SpaceMobile (NASDAQ:ASTS) stock with a price target of $35. As a result, ASTS stock is up big today, but it still has a long way to go. Source: NicoElNino / Shutterstock.com The price target of $35, Deutsche Bank reasoned, was the average of four potential outcomes. They believe
Metal and mining stocks have been trending higher in the last few quarters. And this upside has been in-sync with a broad-based rally for commodities. The rally is evident from the fact that the Core Commodity CRB Index has surged by 56.5% in the last 12 months. However, I believe that there is more upside
Biogen (NASDAQ:BIIB) stock has been one of the few drug stocks that have lit up the investment world recently. The approval by U.S. regulators of its novel Alzheimer’s drug Aduhelm sent its shares soaring. Moreover, its clearance opens the door for its competitors, to rake in monstrous profits from the approval and sale of their
The markets are a tough place to navigate at the moment. On the one hand, stocks slid recently on Fed rate hike fears. But, on the other hand, we are in the middle of the economy coming back to life. So, if you are confused regarding the best stocks to buy, you are not the
Gaming stocks are among the highest growth drivers in the technology sector. Facebook (NASDAQ:FB) recently made news when it acquired BigBox VR, makers of the battle royale virtual reality title Population: One. It is an ideal time to jump into virtual reality stocks, a critical category of the gaming space. Wired defines VR as “technology
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