Editor’s Note: “10 SPAC IPO Stocks to Buy as They Grow in Popularity” was previously published in March 2020. It has since been updated to include the most relevant information available. Not many investors are familiar with special purpose acquisition companies (SPACs), a special breed of IPO stocks that enable well-connected sponsors to raise hundreds
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Red-hot NIO (NYSE:NIO) stock dropped sharply in early September in sympathy with a broader tech stock rout that dragged the Nasdaq down as much as 5% on Sept. 3. The sell-off in NIO stock, however, comes despite the company reporting strong August deliveries of 3,965 – up 12% month-over-month and up 104% year-over-year. Source: Carrie
Whiting Petroleum (NYSE:WLL) stock is rallying after exiting from bankruptcy proceedings. It’s interesting that both before and after Chapter 11, WLL stock rallied. Source: Shutterstock But like a lot of stocks these days, this unusual bit of momentum trading is down to Robinhood app traders. Despite weak fundamentals, WLL stock got pushed to unreasonable heights,
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Most investors can relate to the dilemma faced by the S&P Dow Jones Indices committee as it bypassed Tesla for inclusion in the S&P 500 last week. Tesla had more than
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learn the difference between accounting earnings and Warren Buffett’s Owner’s Earnings. When an Investor looks at the
When I look at this question, I see the answer in two parts: 1) what kind of lifestyle do you want? and 2) how much money do you need to start trading to get to that lifestyle? Lifestyle What kind of lifestyle do you want? You will first need to answer this question before moving
Kevin Matras screens for bullish chart pattern set-ups with the best fundamentals.
Tesla remains one of the hottest companies on the market, with an incredible P/E ratio of 1,076.31. However, it is also one of the most volatile stocks, meaning investors who want a cost-effective way to gain exposure to Tesla should consider investing in one of these three exchange-traded funds (ETFs) that include the California-based electric
With its whisper-quiet driving experience, environmentally friendly profile, and inherently superior reliability due to fewer moving parts, it’s no wonder why modern drivers have elected electric vehicles over their combustion-powered counterparts. But no matter how hard I try, I don’t have the same understanding for Electrameccanica Vehicles (NASDAQ:SOLO). SOLO stock is an example of the
As I write this, the day after Whiting Petroleum (NYSE:WLL) emerged from Chapter 11, WLL stock is up more than 3,000%. But there’s a catch. Source: Shutterstock Before you run out and buy some of this bad boy, keep in mind that it’s only trading around $23 because the old equity shareholders got one new
Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook announced it would not accept new political ads in the week before Election Day, and will remove posts that claim people will get Covid-19 if they take part in voting. Facebook will also add informational labels to any posts
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learned the importance of stability. The most important reason why we must pick a stable stock is
What is Overhead Supply? It is an area of resistance where there is more supply than you think. Example: If a stock is trading at $50 per share and has done a lot of trading at this level, eventually it will dip back down and may hit $20 per share. Many of the traders at
A straddle is used when you’re not sure which way the market will go, but believe something big will happen in either direction.
With the cost of college rising each year and questionable career prospects awaiting college graduates, some people are wondering if a college education is still worth it. If you took all of the money you would spend on a college degree and invested it, would you come out ahead? Are college loans worth it? One
There is a lot of chatter on Wall Street right now about how tech stocks may be in a bubble, with many comparing the current surge in tech stocks to the dot-com bubble of 1999-2000. Broadly, I don’t think this chatter is warranted. We aren’t in a tech stock bubble, for two big reasons: 1.
Shoppers walking into a Lululemon store Scott Mlyn | CNBC How do investors pick stocks poised to outperform in the current environment? Stocks are tumbling in a tech-led selloff after reaching record highs over the last few weeks. However, even after the pullback, the S&P 500 has still surged almost 19% on a one-year basis.
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters When stock buying starts to get giddy, at some point, the froth has to blow
The persistent trading of Luckin Coffee (OTCMKTS:LKNCY) shows some folks will buy anything. Luckin stock is destined to linger like unwanted nuclear waste. Source: Keitma / Shutterstock.com This is a company with a very checkered past. There are so many reds flags warning investors to stay away that the horizon is a sea of red.
Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – The provider of electronic signature technology reported quarterly earnings of 17 cents per share, more than doubling the 8 cents a share consensus estimate. Revenue also beat forecasts and DocuSign issued upbeat full-year guidance. Broadcom (AVGO) – Broadcom came in