Momentum-focused traders won’t like this one — not at all. Nashville-based dental aligner designer SmileDirectClub (NASDAQ:SDC) is definitely out of favor on Wall Street, as the price trajectory of SDC stock is clearly to the downside. Source: Helen89 / Shutterstock.com On the other hand, some value hunters might perk up at the thought of buying SmileDirectClub
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C3.ai (NYSE:AI) stock has had a miserable 2021. Shares that started the year trading at $131 per share are ending it near $33 per share. For those scoring at home, that’s a 75% drop. Source: Shutterstock Despite this, there are analysts who say you should buy it. The shares rose nearly 5% on Dec.9 after what
In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped
As we move toward the end of the year, the calls for a tech correction are growing. Tech stocks are proven performers, leading investors to record gains in the last decade. However, notable investment analysts such as Leuthold Group’s Jim Paulsen say that a 10% to 15% correction is around the corner. Morgan Stanley has issued similar
With Robinhood (NASDAQ:HOOD) stock facing a perfect storm of a looming cryptocurrency collapse, disappointing third-quarter results, stepped-up competition, and increased caution on the Street about growth names, it’s definitely time to sell HOOD stock. Source: dennizn / Shutterstock.com Also not helping matters is the fact that, even after the stock crashed in recent months, its
The day after Buzzfeed (NASDAQ:BZFD) stock came public, The New York Times ran its obituary: “BuzzFeed was once on the vanguard of digital media companies,” the story began. Source: 1000Photography / Shutterstock.com Note the use of the past tense. Buzzfeed, which has no paywalls to limit reach, fell 11% in its first day of trading
Since its inception in 1978, the 401(k) plan has grown to become the most popular type of employer-sponsored retirement plan in America. Millions of workers depend on the money they invest in these plans to provide for them in their retirement years, and many employers see a 401(k) plan as a key benefit of the
The holiday season has arrived. Bullish investors are hoping for a potential Santa Claus rally after what’s been a bumpy start to the last month of the year. As more information on the omicron variant continues to crop up, Wall Street’s worst fears of a large-scale lockdown seem to be fading away. Against this backdrop,
Throughout the year, there has been a lot of interest around SmileDirectClub (NASDAQ:SDC). Not so much for the tele-dentistry company’s underlying business. Instead, much of the appeal with SDC stock has been with its potential as a short-squeeze play. Source: Helen89 / Shutterstock.com Even after falling by more than 74% over the past 12 months, and
As of Dec. 1, Block (NYSE:SQ) is the new name of the company formerly known as Square. This portends its future focus on blockchain technology including Bitcoin (CCC:BTC-USD) and the company’s focus on digital payment assets and solutions. I would expect that, just like Meta Platforms (NASDAQ:FB) (parent of Facebook) changed its name to focus on digital
In this article MRVL RIVN GOOGL S WCN-CA RJ Scaringe and team on opening day at Rivian’s manufacturing campus in Normal, IL. Source: Rivian The market volatility in recent weeks is enough to make even the most experienced investors worried, particularly as they contend with the omicron Covid variant and the prospect of tighter monetary
In this article ROKU NCLH PLAY SFIX Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The
It’s funny how some of the market’s darlings of 2020 have been ignored or even hated in 2021. Digital sports entertainment and gaming company DraftKings (NASDAQ:DKNG) is a textbook example of this, as DKNG stock abruptly fell out of favor this year. Source: Postmodern Studio / Shutterstock.com How can we explain this? Maybe it’s just an
Upstart (UPST) is ripe for a buy today with a couple of key support levels ready to maintain its buoyancy, following an overdone sell-off last month. For more color: https://www.zacks.com/stock/news/1837635/upstart-upst-a-fintech-investment-to-act-on-today?art_rec=home-home-top_stories-ID06-txt-1837635 Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Almost a year ago, GameStop (NYSE:GME) kicked off the Reddit short squeeze trade and countless other stocks, like AMC Entertainment (NYSE:AMC), have been involved since. However, AMC stock has been struggling lately. Source: Shutterstock / mundissima That only has investors asking one main question: Does it have one last short squeeze left in it before
Investors in Palantir Technologies (NYSE:PLTR) are having a tough go of it lately. Shares of the big data firm are down around 30% in just over a month. And since hitting an all-time high of $45 in late January, PLTR stock is down 58%. Source: Sundry Photography / Shutterstock.com However, the earliest investors in Palantir
The Internal Revenue Service (IRS) limits the annual contributions individuals may make to their retirement plans, including Roth IRAs, traditional IRAs, and 401(k)s. Key Takeaways For 2021 and 2022, you can contribute up to $6,000 to a Roth or traditional IRA. If you’re 50 or older, the limit is $7,000. The most you can contribute
In this article GME LCID AAL BA CVS People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading. CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales
For generations of investors, telecommunications giant AT&T (NYSE:T) has been as solid as a rock. However, the performance of T stock during the past few years has disappointed some shareholders. Source: Lester Balajadia / Shutterstock.com It’s challenging to pinpoint what went wrong. One commentator described AT&T’s $85 billion purchase (plus debt) of Time Warner in 2018
Remember when Pinterest (NYSE:PINS) caught fire with the euphoria surrounding stay-at-home stocks last year? It joined Zoom Video Communications (NASDAQ:ZM), Teladoc Health (NYSE:TDOC), Peloton Interactive (NASDAQ:PTON), DocuSign (NASDAQ:DOCU), and many others on a rocket ship ride for the ages. If you thought the meteoric rise was eye-popping, you should see this year’s unraveling in PINS