Dozens of companies delivered multi-fold returns over the last year, creating more than a few overvalued stocks. For instance, GameStop (NYSE:GME) skyrocketed by 1,700% in late January on the power of retail investors at the Reddit group r/WallStreetBets. Despite its recent tumble, GME stock is still holding on to 200% year-to-date gains. While the broad-based
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Investors typically love growth stocks with exciting stories. That’s because they promise powerful upside potentials and can increase revenue and earnings faster than their peers. So, the prospect of investing in these kinds of picks should appeal to many investors. However, above-market growth potential also suggests higher-than-average risk. In fact, recent research by scholars at
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Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton doubled consensus estimates in reporting quarterly profit of 18 cents per share, and the fitness equipment maker’s revenue came in above estimates as well. Peloton will be incurring extra costs in the near term, however, to reduce shipping delays
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A month ago, I had never heard about Ideanomics (NASDAQ:IDEX). Now IDEX stock up nearly 120% year-to-date and 638% over the past six months.  Source: Shutterstock Obviously, the company’s one-two punch of clean energy and fintech (it helps companies finance the adoption of electric fleet vehicles) has all the markings of big-time momentum play. That
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As you know, GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings, Inc. (NYSE:AMC) have been under the spotlight these past two weeks following the big Reddit short squeeze. I’ll discuss far more in-depth about the Reddit Revolution in my Breakthrough Stocks February Monthly Issue tomorrow, but today I’d like to spend some time discussing one of the biggest short
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A Starlink user terminal installed on the roof of a building in Canada. SpaceX Boxes containing Starlink kits, with user terminals and Wi-Fi routers. Starlink Starlink is SpaceX’s ambitious project to build an interconnected internet network with thousands of satellites, known in the space industry as a constellation, designed to deliver high-speed internet to consumers anywhere on the
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Green energy stocks have been rallying as the Joe Biden administration continues to push its eco-friendly policies forward. And leading fuel-cell solutions provider, FuelCell Energy (NASDAQ:FCEL), is among the biggest beneficiaries of that improved investor sentiment. Basically, the green-energy mania has taken FCEL stock and others parabolic. Source: Kaca Skokanova/Shutterstock In the last three months,
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Although I haven’t been an ardent supporter of Virgin Galactic (NYSE:SPCE), I can appreciate the appeal of the underlying space tourism industry. There’s the romance of the ultimate frontier, and more importantly,  industry projections are quite intriguing if you believe in the viability of SPCE stock. Source: Tun Pichitanon / Shutterstock.com According to IBISWorld, commercialized
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Cleveland Federal Reserve President Loretta Mester said top regulators should be looking at the GameStop trading saga and how it is impacting markets. However, she said the situation isn’t impacting how she approaches monetary policy and doesn’t see the Fed making any adjustments in reaction to the Wall Street uproar. “I don’t think it’s something
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