Who says you can’t teach an old dog new tricks? Certainly not General Motors (NYSE:GM), Ford (NYSE:F), nor Volkswagen (OTCMKTS:VWAGY). After years of getting their butts kicked by Tesla (NASDAQ:TSLA), these “old dogs” of the auto world are learning the “new tricks” of electric vehicles, and each are going all-in with EVs. This is a
Stocks to buy
The red hot housing market has hurt Opendoor’s (NASDAQ:OPEN) business in the near term. As the housing market starts to cool off, OPEN stock will rebound in a big way. Source: PREMIO STOCK/Shutterstock.com In a nutshell, we’ve been in a seller’s market. There are buyers everywhere, limited inventory, bidding wars and as a result, houses
Despite major indices appearing stretched, it’s readily apparent that investors are still eager to speculate. And naturally, it’s tempting to join in on the fun. But while I won’t actively discourage anyone from gambling, right now blue-chip stocks look far better than meme stocks, particularly those overlooked names. Let’s start off with the basic reason
The year is 1950. The month is October. Alan Turing – the generational genius who cracked the Enigma code and helped end World War II – has just introduced a novel concept. It’s called the “Turing Test,” and it is aimed at answering the fundamental question: Can machines think? The world laughs. Machines? Think for
For much of the year, Carnival Corporation (NYSE:CCL) traded in a steady uptrend. Unlike last year, when the world did not have a Covid-19 vaccine rollout, CCL stock stands a better chance of rewarding investors. The stock continues to find support on the 50-day moving averages. Source: Kokoulina / Shutterstock.com What are the positive catalysts
In recent weeks, the revitalization of the airline sector has greatly improved the medium-term outlook of General Electric (NYSE:GE) stock. Source: Sundry Photography / Shutterstock.com In a May 25 article, Bloomberg reported that the U.S.A’s top three airlines made optimistic comments about their recoveries. Delta’s (NYSE:DAL) president said that the rebound has been stronger than
IBM (NYSE:IBM) produced stellar first-quarter earnings on Apr. 19, with huge implications for the stock. Most importantly, the company’s cloud-based software earnings are now on a clear recurring growth path. I estimate IBM stock is now worth at least one-fourth more at $183 per share. Moreover, the stock is also cheap. Source: shutterstock.com/LCV IBM’s revenue
The last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of
I ‘m still very upbeat on Arrival (NASDAQ:ARVL) and ARVL stock, due to the electric vehicle maker’s pioneering, low-cost manufacturing process and its huge partnership with UPS (NYSE:UPS). Source: Shutterstock Further, I think that other pundits and the financial news media may have been incorrect when they claimed that the stock’s recent surge was entirely
We’ve been pounding the table on Lucid Motors and Churchill Capital (NYSE:CCIV), the SPAC behind Lucid Motors, for a while now. We believe the company is in a prime position to steal significant market share from Tesla in the premium electric vehicle (EV) category over the next few years. Source: ggTravelDiary / Shutterstock.com Consequently, it’s a
Social momentum is not a permanent driving force. It causes stocks to rise, but it can’t sustain stocks at unprecedented levels all on its own. Once hype dies, meme stocks go down. If a company caught up in this kind of trading isn’t solid on its own, its stock goes down … a lot. For
Appian (NASDAQ:APPN) is a hypergrowth stock that has ebbed and flowed with the market gyrations of 2021. The company provides a low-code automation platform that businesses can use to create applications serving a wide variety of needs. And a lot of leading businesses use them. Source: JHVEPhoto / Shutterstock.com It crashed when hypergrowth stocks were
You know how everyone in the Star Wars universe says “the force is strong with this one”? Well, the “meme force” is strong with ContextLogic (NASDAQ:WISH). WISH Stock has been jumping for a while now due to meme mania. And it refuses to stop. Source: sdx15 / Shutterstock.com Yet again, the stock is moving higher.
Analyzing top electric vehicle stocks is a difficult task these days. Not only are these companies overvalued, but they are also very unprofitable. All the activity you see is predicated on the belief that the sector will benefit from a pivot towards renewable energy the world over. XPeng (NYSE:XPEV) stock, up 73% in the last
Reuters reported on Jun. 16 that Nvidia’s (NASDAQ:NVDA) plans to close its $40 billion acquisition of U.K. chip firm Arm by March 2022 are looking less likely by the day. Of course, I’m sure this has owners of NVDA stock a little more nervous than usual. And there’s even a possibility that it might never
Cloudflare (NYSE:NET) has rewarded shareholders with over 444% growth since going public in September 2019. With the pandemic-accelerated reliance on internet-based services, that growth trajectory has accelerated. NET stock has delivered a return of 173% over the past 12 months alone, a rate that is attracting the attention of many investors. Cloudflare is a CDN (content
One of the most important and true maxims in the stock market is don’t fight the Fed. The U.S. Federal Reserve is the master of the financial universe. What its voting members believe, are enacted into monetary policy – the most important of which is the prevailing interest rate. That policy determines everything in the
The debate around Tesla (NASDAQ:TSLA) is always controversial. On the way up, the critics complain about the state of its fundamentals. On the way down, the bulls are screaming because it’s not a car company. In reality, TSLA stock transformed last year and neither side has realized it yet. Source: Tudoran Andrei / Shutterstock.com The
Fortune favors the bold. Let’s hope fortune favors me when I say that it may be time to bet against Tesla (NASDAQ:TSLA) and go all-in with Lucid Motors (NYSE:CCIV) stock. Full disclosure: We own Tesla in Innovation Investor. How could we not? Elon Musk & Co. are at the forefront of three of the most disruptive
Zomedica (NYSEAMERICAN:ZOM) has a whopping market value of $925 million market value as of June 14. This is because Zomedica announced on May 12 that it has 974.35 million shares outstanding as of May 10, and ZOM stock opened today at around 95 cents per share. Source: Shutterstock However, ZOM stock could be worth up
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