For a moment, Nokia (NYSE:NOK) stock joined the ranks of “meme stocks.” NOK stock started the year under $4; in late January, it briefly neared $10. Source: rafapress / Shutterstock.com The rally quickly and unsurprisingly faded, which leads to the question: what now? NOK was left out of the second spike in Reddit stocks. Any
Month: March 2021
Newly minted public company Bumble (NASDAQ:BMBL) has shown an impressive ability to generate ideas that solve important problems and fill gaps in the social-networking space. BMBL stock looks like a long-term winner, based on its strong growth and pre-pandemic profitability. Source: XanderSt / Shutterstock.com Perhaps most importantly, Bumble seems to be really good at alleviating
We’ve seen several new investing strategies appear in the last year. However, the emergence of the WallStreetBets forum on Reddit as a tour de force is the most interesting trend to emerge in a while. Sundial (NASDAQ:SNDL) stock is a net beneficiary. Source: Jetacom Autofocus / Shutterstock.com Shares of the Canadian cannabis heavy hitter have
CNBC’s Jim Cramer on Thursday questioned “are prices real” on Wall Street anymore, as he exasperatingly tried to explain GameStop‘s rally of as much as 175% over the past two days. “I think the average American right now is trying to figure out how do I find a stock that triples,” Cramer said. “‘Forget what
My initial bullishness toward Costco (NASDAQ:COST) and COST stock was largely shaped by a prior experience with the company. However, my thoughts on Costco as an investment have taken a more bearish turn lately. The primary culprit? A stretched valuation. Source: ARTYOORAN / Shutterstock.com But first let’s start with a bit of history: Costco has