Stock Market

Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust

As a content delivery network (CDN) and cybersecurity specialist, Cloudflare (NYSE:NET) stock was always going to be a relevant play on paper. Source: Sundry Photography / Shutterstock.com But when the novel coronavirus rudely made its appearance, suddenly, NET stock took on far greater importance. This particular sentiment has only grown stronger, which puts investors into

So long as investors are only buying growth, CrowdStrike (NASDAQ:CRWD) stock should keep performing. Source: VDB Photos / Shutterstock.com Even so, its market cap, which is more than 50 times revenue, is ridiculous. CrowdStrike, a cybersecurity company, opened for trade Nov. 9 at $285.68 share. The market cap at that price is $65.22 billion. The expected

As with most penny stocks, caution is warranted with Farmmi (NASDAQ:FAMI) shares. To some, the Chinese firm that focuses on processing and selling agricultural products — mainly mushrooms and other edible fungi — may seem like a bargain. As FAMI stock traded above $2 back in February and now trades at a mere 34 cents,

Canadian marijuana producer and processor Tilray (NASDAQ:TLRY) made history in July 2018 when it became the first pure-play cannabis company to trade publicly on a major U.S. exchange. Just three months later, the Canadian government legalized marijuana for recreational purposes, in addition to the already legalized medical use. TLRY stock, which went public at $17

Palantir Technologies (NYSE:PLTR) announced its latest group of 10 early-stage companies to join its Foundry for Builders initiative. Launched in July, I continue to be fascinated by the initiative’s potential to move PLTR stock higher. Source: Ascannio / Shutterstock.com Here’s why I feel this way. Over the past month, Palantir stock has gained 14%. As

Although all eyes have been on the searing path that benchmark equity indices have blazed in 2021, initial public offerings (IPOs) have had their own impressive bull market. In fact, Reuters reported in mid-June that U.S. IPOs hit an annual record in less than six months. So if 2020 was the year of the novel

I first came in contact with Palantir (NYSE:PLTR) stock earlier this year and immediately knew it was something special. The underlying bullish thesis was clear, so I traded it successfully in the past few months. The easiest opportunities came when it fell in sympathy to other small-cap stocks. Source: Ascannio / Shutterstock.com The problem with

When I last wrote about QuantumScape (NYSE:QS) in late September, I argued that if you could afford to lose it all, QS stock at $23.50 was in the buy zone. As I write this, it’s up 33% in the past month, trading above $30 for the first time since late June.  Source: Michael Vi /

As frequent InvestorPlace readers know, I’ve spent a lot of time covering the lidar space as part of my Behind the Wall series. As such, Microvision (NASDAQ:MVIS) — a key player in the world of lidar — has had a large role in my conversations about, and analyses of, lidar stocks. Source: temp-64GTX/Shutterstock.com So, when

If special purpose acquisition companies have jumped the shark, they may have done so with Digital World Acquisition (NASDAQ:DWAC). The so-called Trump special purpose acquisition company (SPAC), Digital World is the blank-check firm that will take the former president’s media firm Trump Media & Technology Group (TMTG) public. Undergirding DWAC stock is the much-eyeballed social

Microsoft (NASDAQ:MSFT) stock once again represents the world’s most valuable company, ahead of Apple (NASDAQ:AAPL). Source: NYCStock / Shutterstock.com Some charge it’s also the most overvalued one. It’s not. At its current price of $336, Microsoft has a market cap of $2.5 trillion. More important, investors are paying 37.5x earnings for MSFT stock and taking

It would be fresh in investors memory that Lucid (NASDAQ:LCID) stock surged from below $10 to highs of $64.86. This happened even before the special purpose acquisition company (SPACs) became announced publicly. After the announcement, LCID stock slumped to lows of $20. It’s a perfect example of investors selling on news and I believe that Ocugen

Corsair Gaming (NASDAQ:CRSR) stock is a trader favorite that has fallen from grace. Source: Tada Images/ShutterStock.com CRSR stock has dipped from a high of $51 a year ago to around half that today. Given all the excitement with GameStop (NYSE:GME) this year, Corsair might seem like a natural pick. After all, GameStop is up 960% year-to-date

AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide.   Source: Helen89 / Shutterstock.com On Nov. 1,

To really become successful and push Lucid (NASDAQ:LCID) stock meaningfully above its current levels, Lucid needs to soon start generating strong, positive buzz surrounding its electric vehicles. Source: Around the World Photos / Shutterstock.com Buzz has two main elements. One is widespread coverage in mainstream media outlets. The other is massive volumes of discussions about

Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases. With gains of about 50% year-to-date (YTD), MSFT stock has also outperformed the broader U.S. stock market. Now all eyes are on the fiscal 2022

Everyone hates bailouts — until you need one, that is. Real-estate conglomerate China Evergrande (OTCMKTS:EGRNF) could certainly use some assistance right about now, as could investors in EGRNF stock. Source: hxdbzxy / Shutterstock.com The stock has lost much of its value over the past several years, down 84% in the last 12 months alone. Knowing this,

The Ark Innovation ETF (NYSEARCA:ARKK) bought 2.1 million shares of Skillz (NYSE:SKLZ) on Oct. 21., according to 24/7 Wall St., the SKLZ stock buy brings the ETF’s total holdings of the esports gaming platform company to 13.3 million shares. Source: NYCStock / Shutterstock.com Although the SKILLZ position is only good for 0.70% of the ETF’s

Early in October, I said that Cassava Sciences’ (NASDAQ:SAVA) big gains in late September had investors dreaming of a big payday for SAVA stock in 2022.  Source: Pavel Kapysh / Shutterstock.com I even suggested it might retest $100—a level it hit throughout the summer—by the end of 2021. I was convinced it would go on