To some investors, activist short sellers like those who targeted SOS Limited (NYSE:SOS) stock are market manipulators, or worse. I personally don’t believe that to be the case, but we can move past that debate. Source: Shutterstock Let’s instead focus on what SOS itself has said — both in response to those short sellers and
Month: April 2021
It’s the world’s most commonly cultivated, trafficked, and used drug; as the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. Despite the plant being illegal under federal law as a Schedule I drug, the U.S. legal marijuana industry was estimated at $13.6 billion in 2019 with 340,000
One of the stocks that hasn’t had such a good March is Palantir Technologies Inc. (NYSE:PLTR). Indeed, shares of PLTR stock are down well over 10% from the peaks this past month. It appears investors are continuing to digest a myriad of issues plaguing this stock. Source: rblfmr / Shutterstock.com As I pointed out in a recent piece,
In spite of the negative rhetoric for the last two weeks, the indices just made new all-time highs. This should be to no surprise because the macroeconomic conditions warrant it. Skeptics have focused only on the negative perception. Whereas the facts support more upside. The U.S. dug itself out of a deep instant hole by
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans to sell up
InvestorPlace’s Ian Cooper wrote a piece in early March arguing that Riot Blockchain (NASDAQ:RIOT) stock should be in every investor’s portfolio. Since Cooper wrote those words, RIOT stock is up 30% through March 30. Source: Mark Agnor / Shutterstock.com If you took Cooper’s advice and bought some of the crypto miner’s stock, I applaud your
CBAK Energy Technology (NASDAQ:CBAT) is a manufacturer of high-power lithium batteries, primarily generating sales from the Chinese market. Despite stumbling in the past few months, CBAT stock is up a whopping 1,217% in the past 12 months. A lot of it is down to the company’s hype as a bona fide player in the electric
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). When the gold price is falling, one of the worst kinds of stocks to own is a gold stock. That’s why Osisko Gold Royalties Ltd. (NYSE:OR) stock has performed poorly so far this year.
ETFs are more tax efficient than mutual funds due to the way they are structured. However not all ETFs are tax smart. zacks.com zacks.com/ultimate
In the recent Reddit-fueled meme stock hysteria that captivated us in recent months, some completely unknown stocks skyrocketed. Such is the case with New Concept Energy (NYSEAMERICAN:GBR). Investors in GBR stock saw the company’s share price open the year below $2 per share and to skyrocket to above $30 per share in one late January day.
The NASDAQ came into existence in 1971. That may seem like a long time ago, but it is a baby compared to the New York Stock Exchange (NYSE), which was established in 1792. While the NASDAQ is known as a tech-heavy exchange, the NYSE is known for housing older brick-and-mortar companies. Companies trading on the
Although I live in Michigan, I’ll admit to not being familiar with UWM Holdings (NYSE:UWMC) prior to this article. And yet UWMC stock went public as one of the largest SPACs in a 12-month period that has seen a record number of SPACs. Source: Shutterstock However, I’m familiar with them now. As it turns out,
Shares of life sciences company Bionano Genomics (NASDAQ:BNGO) have dropped more than 20% in the past month. The development is puzzling, considering how it upturned four consecutive quarters of revenue slump with its latest earnings results. Regardless, the pullback presents an excellent opportunity to buy BNGO stock at a discount. Source: Connect world / Shutterstock.com As
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC With focus locked in on the emergence from the pandemic, there is still plenty of uncertainty lingering on Wall Street. So, how can exciting investment opportunities be found? By following the latest stock recommendations from the analysts that consistently get it right. TipRanks’ analyst forecasting service attempts
Welders work on the Strategic Petroleum Reserve pipeline on June 1, 1980, in West Hackberry, Louisianna. Begun under President Ford to reduce the threat of oil embargoes, the SPR crude oil is stored in huge underground salt caverns along the Gulf of Mexico, a natural choice due to the proximity of many refineries and distribution
Express (NYSE:EXPR) would probably be a once-promising retailer stock relegated to the annals of retail failures in any other year than 2021. The apparel and accessories retailer has had life breathed back into it by Reddit’s r/WallStreetBets crowd. Source: Helen89 / Shutterstock.com Prior to that, the company, which boasts 500 retail and factory outlets in
Marathon Digital (NASDAQ:MARA) has been one of the single biggest winners of the past year. Incredibly, over the past 12 months, MARA stock is up more than 12,000%. Some of that is due to how low shares plunged during March of 2020, of course. But the run has been incredible regardless. As recently as November, MARA
Recently, Pershing Square Tontine Holdings (NYSE:PSTH) was a casualty of the selloff in the hot electric vehicle (EV) space and tech sector. Right now, shares of the special purpose acquisition company (SPAC) are down about 28% from PSTH stock’s 52-week high of $34.10. Source: Dmitry Demidovich/ShutterStock.com The pressure is finally getting to these risky SPAC
What stocks should you buy that blew up in the Archegos meltdown last week?
In this article BA TRMB DE 9988-HK 9618-HK SPCE LMT LHX KTOS IRDM ARKX NFLX A SpaceX Falcon 9 rocket carries 10 Iridium NEXT satellites into orbit. mdesigner125 | iStock Editorial | Getty Images Trading in the new space exploration ETF from Ark Invest began on Tuesday, as Cathie Wood’s firm looks to tap the