On March 11, Coupang (NYSE:CPNG) launched its IPO, which was the largest foreign company offering since Alibaba (NYSE:BABA) came public in 2014 (the amount raised was a hefty $25 billion). On the first day of trading CPNG stock surged 41%. The company raised roughly $4.6 billion. Source: Ki young / Shutterstock.com Yet CPNG stock has
Stocks to buy
With the press coverage of Reddit group r/WallStreetBets, some traders are hunting for the next big meme stock. Moreover, there’s been speculation that the next Reddit run-up target could be real estate loan originator UWM Holdings (NYSE:UWMC). But, is this the only reason to own UWMC stock? Source: Shutterstock Wagering your hard-earned capital on a Reddit-fueled
Apex Technology Acquisition (APXT) was formed by Bessemer Venture Partners, which has been active as a venture capitalist in Silicon Valley since 1975. (Bessemer was founded in 1907 as the family office of a steel magnate.) APXT stock represents a special purpose acquisition company (SPAC). Source: NESPIX / Shutterstock.com Apex is using SPACs to take
Everyone knows about how Nikola (NASDAQ:NKLA) stock fell from its peak amid the ridiculous tenure of CEO Trevor Martin and his ignominious departure. Since then, the company lost its orders and other potential partners bailed out on the previous deals. NKLA stock has fallen to $13.40 as of March 25 from its previous peak of
Shares in hydrogen fuel system company Plug Power (NASDAQ:PLUG) have been a big mover in 2021. However, for the past two months, they’ve been going in the wrong direction. PLUG stock gained 950% in 2020, then started off 2021 with a 127% surge in the first three weeks. It’s been downhill since then, though. PLUG shares
After a bullish year of big gains for growth investors, market jitters have set in. The U.S. 10-year Treasury yield recently reached a 52-week high, now sitting above 1.7%. In January 2017, that yield was over 2.5%, and economists are debating whether we’ll soon see a return to those levels. But despite occasional pullbacks in
At the end of January, I recommended that investors looking to avoid the “dizzying valuations” that many tech names had reached consider fiber optic names, which could also be classified as 5G stocks. I pointed out that, “In a sense, the fiber optics sector is an obscure group within a partially forgotten catalyst” of 5G.
Red-hot Ocugen (NASDAQ:OCGN) stock has cooled off a bit lately. Right now, it appears that investors in OCGN stock are in wait-and-see mode. What are they waiting for? A few key catalysts that could take this stock much higher. Source: luchschenF / Shutterstock.com Indeed, shares of the pre-clinical biopharmaceutical company have traded sideways over the past
After Ayro (NASDAQ:AYRO) announced a promising partnership and unveiled a new electric vehicle (EV) that I believe has a great deal of potential, the outlook of AYRO stock continues to be very favorable. Source: Alexandru Nika / Shutterstock.com Further, certain aspects of Ayro’s recent sales of its new shares bode well for its stock price.
Despite an up-and-down performance so far in 2021, Nano Dimension (NASDAQ:NNDM) stock has had an extraordinary 12-month run. Source: shutterstock.com/Alex_Traksel The Israeli 3D printing company is up only 1.65% year-to-date, but that includes wild swings that saw the NNDM stock price soar by 83% and tumble by more than 50%. Over the last 12 months,
Founded during the financial crisis year of 2009, advertising automation platform Trade Desk (NASDAQ:TTD) has survived tough times and prevailed. Along with that, TTD stock traders have endured plenty of ups and downs, yet prospered in the long run. Source: BrightSpace / Shutterstock.com However, not every investor is 100% satisfied. That’s because the share price has
New Jersey-based Citius Pharmaceuticals (NASDAQ:CTXR) could simply be pigeonholed as a medical product company. But that’s an oversimplification. Prospective CTXR stock investors deserve a much more in-depth discussion of this fascinating company. Source: Iryna Imago / Shutterstock.com Citius describes itself as a “late-stage specialty pharmaceutical company” that develops and commercializes “critical care products, with a particular
Sentiment on Wall Street is somewhat sour. This is in spite of three out of four indices making new highs last week. Perception that stocks are suffering is overcoming the reality of the strength in equity. This is perhaps because of weakness in the largest mega-cap stocks in the Nasdaq. It’s the only index that
TPG Pace Beneficial Finance (NYSE:TPGY) stock is down 21% in the last month, giving investors the perfect opportunity to snap it up before its eventual merger with EVBox Group, a global provider of smart-charging solutions for electric vehicles (EVs). Source: Nick Starichenko/InvestorPlace.com This “blank check company” ticks off all the boxes and then some. TPG
Bill Ackman tweeted on March 15 that he gave his entire stake in Coupang (NYSE:CPNG), the South Korean e-commerce company that went public on March 10, to three charitable organizations, including the Pershing Square Foundation. The move indicates the billionaire investor believes in the future of CPNG stock. Source: Ki young / Shutterstock.com It also
The recent growth sector meltdown at the hands of a bond market selloff and spiking U.S. Treasury yields has created some golden buying opportunities in the stock market, mostly because this “yield surge” is temporary while the fundamentals underlying many now-cheap growth stocks have long-term staying power. One such golden buying opportunity is in digital
Despite the negative impact of the novel-coronavirus pandemic on dating, Bumble (NASDAQ:BMBL) recently reported very strong fourth-quarter results. The company’s excellent performance validates the unique approach of its Bumble app. Given these points, I continue to believe that BMBL stock remains very attractive. Source: XanderSt / Shutterstock.com Meanwhile, I’m upbeat about Bumble’s growth strategies, and
Founded in 2010, AgEagle Aerial Systems (NYSE:UAVS) got its start manufacturing fixed-wing drones for the agricultural market. In 2019, however, it expanded into custom drone design and manufacturing for commercial delivery. That’s where the UAVS stock story gets interesting. A penny stock since 2018, UAVS caught fire in 2020 on rumors that it was developing a
Romeo Power (NYSE:RMO), the LA-based electric battery maker for trucks closed its reverse merger at the end of December and has fallen ever since then. RMO stock is down 44% year-to-date and has dropped 13% in the last month. Source: Shutterstock Apparently, nobody likes it, even though it is in the EV space that the
The semiconductor industry enjoyed an excellent 2020, despite the pandemic. It has come out stronger and continues to enjoy the bullish run. California-based Nvidia (NASDAQ:NVDA) has enjoyed a top position in this industry over the past year. The company sells semiconductor components for artificial intelligence, gaming, automobiles, and data centers. In this article, I’ll outline