Stock Market

Nvidia (NASDAQ:NVDA) stock, the darling of 2021’s market, has lost 44% of its value in 2022. But it’s still not a cheap stock. At its June 23 price of $165/share, Nvidia’s market cap was $407 billion, on fiscal 2022 revenue of $27 billion. The price to earnings ratio was nearly 44. The dividend yields just
0 Comments
Is Roku (NASDAQ:ROKU) going to be acquired? Not yet. But rumors persist that Netflix (NASDAQ:NFLX) is looking to buy the manufacturer of internet-connected television sets and other devices. When the rumors of a takeover first surfaced on June 8, ROKU stock jumped 10% as investors grew excited about the prospect of a Netflix/Roku combination. But
0 Comments
I was racking my brain for a subject to write about regarding FuboTV (NYSE:FUBO) and FUBO stock when it occurred to me that the company’s May 31 announcement of three executive appointments was a big deal. How so, you ask? Well, if you read InvestorPlace contributor Dana Blankenhorn’s recent piece about losing money betting on
0 Comments
In a bear market, not all blue-chip stocks live up to their name. Investors need to identify the blue-chip stocks to avoid in their long-term portfolio. Otherwise, those stocks could lead to bigger losses as the selling pressure intensifies. Companies that misjudged the severity of inflation, and what customers wanted, and failed to lighten inventory
0 Comments
[Editor’s note: “Buying Opendoor Today Could Be Like Buying Amazon in 1997” was previously published in October 2021. It has since been updated to include the most relevant information available.] Anyone who follows me knows this: I’m super bullish on Opendoor (NASDAQ:OPEN) stock. Source: Tada Images / Shutterstock.com Indeed, buying Opendoor stock today could be
0 Comments
Based in New York, Teladoc Health (NYSE:TDOC) specializes in the niche market known as telemedicine or telehealth. Investors might feel optimistic overall about the telemedicine market, but there are too many company-specific problems going on to recommend TDOC stock. When the Covid-19 lockdowns occurred in 2020, Teladoc Health suddenly became a darling on Wall Street. The
0 Comments
Inflation, interest rates and recession risk have knocked stocks lower again. Alongside stocks, the crypto and non-fungible token (NFT) markets have cratered, too. Yet this latest market meltdown has only had a moderate impact on GameStop (NYSE:GME) stock. What gives? The long side has seemingly regained the upper hand. They bid up the stock post-earnings,
0 Comments
Tesla (NASDAQ:TSLA) stock is in a bit of a tailspin recently. Since topping $1,200 per share last fall, Tesla shares have fallen to the mid-$600 range per share today. Despite that recent decline, however, the stock has still rallied tremendously over a longer term horizon. As a result, Tesla’s management announced a forthcoming three-for-one stock
0 Comments
When markets staged a late-month rally in May, SoFi Technologies (NASDAQ:SOFI) joined it. SoFi stock stalled at the 50-day moving average. This is a technical resistance where selling pressure ended the attempted breakout. Apple’s (NASDAQ:AAPL) aggressive promotion of Apple Pay last week spooked SoFi investors. The technology giant already offers convenient monthly payment options. Apple
0 Comments
FuelCell Energy (NASDAQ:FCEL) stock, “a global leader in manufacturing stationary fuel cell energy platforms for decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell technology to enable a world empowered by clean energy” announced second-quarter 2022 financial results on June 9, a material event that should have move FCEL stock. Does these earnings
0 Comments