Stock Market

Luckin Coffee (OTMKTS:LKNCY) has been rising for almost no good reason. Since my last article on Luckin stock on Aug. 11, it has risen 96.6% from $2.34 to $4.60 on as of close on Tuesday. However, nothing has happened since then that warrants such an increase. Source: NewsToday / Shutterstock.com In fact, the only major

Quick Take Midwest Holding (OTCQB:MDWT) has filed to raise $50 million in a Nasdaq uplisting IPO of its common stock, according to an S-1 registration statement. The firm provides annuity insurance products to consumers in 20 states in the United States mainly through distributors. MDWT is growing quickly and now producing earnings and positive cash

AT&T (NYSE:T) stock recently hit its lowest point since 2010. And, if you bought AT&T stock 20 years ago, you’d have lost around 40% of your starting capital in the ensuing two decades, not counting dividends. With shares seemingly making new lows almost every week, AT&T has turned into a battleground. Is AT&T a huge opportunity

It’s Election Day 2020. Naturally, the question on the top of everyone’s mind is: Who is going to win? President Donald Trump, or former Vice President Joe Biden? But, as investors, we are asking a slightly different question: Who is going to be better for the stock market? Trump or Biden? Source: chrisdorney / Shutterstock.com

As the largest company in the world, Apple (NASDAQ:AAPL) isn’t the sort of company that you’d expect to have a big breakout in 2021. After all, it’s already so big and so huge that it takes a lot to move the needle on AAPL stock. But make no mistake. That’s exactly what will happen in 2021.

Carvana (NYSE:CVNA) news for Tuesday includes insider buying sending CVNA stock higher. Source: Jonathan Weiss / Shutterstock.com Here’s what investors in CVNA stock need to know about the Carvana insider trading news. A series of filings with the U.S. Securities and Exchange Commission (SEC) reveal insider buying and selling at the company. That includes many

The U.S. stock market is not off to a good fall season. The S&P 500 Index is currently down by 7.6% since Sept. 2 to date, and that includes the bit of recovery in the earlier days of October. Source: S&P 500 Index Total Return — Source: Bloomberg In the October issue of Profitable Investing,

When former Vice President Joe Biden announced his $2 trillion climate plan, investors immediately began pouring their money into solar companies like Sunrun (NASDAQ:RUN). Between this and its recent merger with rival Vivint, RUN stock has risen more than 200% since Biden cinched the Democratic nomination back in June. Source: IgorGolovniov / Shutterstock.com Investors will

The old adage goes “in like a lion, out like a lamb.” For Hyliion (NYSE:HYLN), it sure seems that way. Earlier this summer, HYLN stock roared up to $59 per share for a cool 600% gain in the span of a few months. However, the shares have retreated recently, as Hyliion has lost more than

When I planned this Palantir (NYSE:PLTR) write up last week, I wanted it to be a clear buy recommendation. The bad news is that PLTR stock took off like a rocket into space. That’s good news for those long it already. But for new buyers, it’s not a good idea to chase a stock after

Since reaching a peak in September, HYLN stock has tumbled 62% as allegations of fraud have circled its electric vehicle (EV) competitors. Now that it’s trading around $20, does Hyliion (NYSE:HLYN) stock represent a fantastic entry point into an innovative company? Or is it yet another fraud on a slow deathmarch to zero? Source: Shutterstock

Since late September, Nokia (NYSE:NOK) stoke was gaining some momentum, with the share price going from $5 to $6. But on the news of NOK stock and its third quarter results, the gains have been wiped out.  The shares are off about 18% or so. Source: rafapress / Shutterstock.com This pattern is typical for Nokia.

Facebook (NASDAQ:FB) stock dropped sharply in late October after the social media giant reported third-quarter numbers that smashed user, revenue and profit expectations, broadly underscored a rapid recovery in ad spending trends and included a healthy fourth quarter guide. Source: Ink Drop / Shutterstock.com What gives? Widespread market irrationality. The market freaked out on the

Twitter (NYSE:TWTR) stock plunged by more than 20% in late October after the social media company reported third-quarter numbers that — while ostensibly very strong — didn’t quite live up to supercharged investor expectations. Twitter stock had, after all, surged more than 60% year-to-date heading into the print. Source: Worawee Meepian / Shutterstock.com Plenty of

When it comes to Workhorse (NASDAQ:WKHS) , everything right now seems to boil down to one question. Will the company win the award — or at least part of the award — for the next-generation vehicle for the United States Postal Service? It’s a critical one about WKHS stock. Source: Photo from WorkHorse.com It’s not

The world is flooded with special purpose acquisition companies (SPACs) these days. But — while a lot of these SPACs do present compelling early-stage investment opportunities — arguably none are as attractive as Social Capital Hedosophia Holdings Corp. II (NYSE:IPOB) stock. Why is that? Because IPOB stock — which is the second SPAC from well-known

Nvidia (NASDAQ:NVDA) stock continues to move up, pushing its sky-high valuation even higher. Since my last article on the company a month ago, it has risen $49.69 to $543.61 (as of Oct. 23), or up 10%. That also means that its value metrics are also out of the park. Source: Steve Lagreca / Shutterstock.com For

For speculators looking to chase the hottest megatrends, SPI Energy (NASDAQ:SPI) may look like a surefire winner. But, ignore the press releases, and look at the details, with SPI Energy stock. Source: Scharfsinn / Shutterstock.com What am I talking about? The company, via its recent dabbling into cannabis, crypto, as well as electric vehicles (EVs),

The race to find a vaccine for the novel coronavirus is complicated, especially so when you consider how some companies of sterling reputation have run into roadblocks. So far, that has not been the fate Novavax (NASDAQ:NVAX). Thus, NVAX stock has mightily benefitted from its progress, either real or perceived. It soared an eye-popping 4,300%

With a No Sail Order currently in place in the United States, it’s tough to build a bullish case for cruise ship operator Carnival (NYSE:CCL). Nonetheless, some brave souls are dipping into Carnival stock, despite the obvious headwinds. From a very-long-term time horizon, buying Carnival shares might make sense. After all, a successful novel coronavirus vaccine