Greenidge Generation (NASDAQ:GREE) is a newly public Bitcoin mining company now that its reverse merger with Support.com (formerly SPRT symbol) closed on Sept. 14. I wrote before that GREE stock was undervalued when it was around $25. I originally wrote that it was worth at least $57.49. And at $20.67 on Oct. 28, this implies it
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Dutch Bros (NYSE:BROS) is a coffee chain that went public in mid-September 2021. It became a big hit, climbing more than 100% from its original IPO target price of $23. Source: Alexander Oganezov / Shutterstock.com That’s an impressive financial return for the investors who believed in this operator and franchisor of drive-thru shops. Still, I
Bakkt (NYSE:BKKT) stock jumped nearly 250% on October 25, very soon after going public. Source: Shutterstock Bakkt executives rang the closing bell at the New York Stock Exchange on October 22. On that day investors could have picked up Bakkt shares for about $9 each. They could have sold them for up to $30 by
Xenon Pharmaceuticals Inc. (NASDAQ:XENE) is a biotech stock that has almost doubled in the past month. This is a definition of hot stock in the biotechnology industry, which can be very volatile and heavily driven by news-driven factors. According to MarketWatch, Xenon’s “products include XEN496, XEN1101, XEN901, and XEN007.” And the big, price-driving news lately
Quick: if you had to pick one automotive business to invest in for a lifetime, what would it be? Ford Motor (NYSE:F) is as valid a response as any. For many generations, F stock has provided reliable returns. Source: Jonathan Weiss / Shutterstock.com Don’t get me wrong — there have been rough patches along the way.
Should investors who hold a position in Rocket Companies (NYSE:RKT) stock throw in the towel? Source: Lori Butcher / Shutterstock.com It’s certainly understandable if the idea of dumping RKT stock crosses the minds of shareholders. The Detroit-based mortgage loan provider’s stock has done nothing but disappoint since its initial public offering in August 2020. Since
The story of ContextLogic (NASDAQ:WISH) has evolved since it went public in December. At first, WISH stock was a hot e-commerce play, priced as if its pandemic-era growth rates would persist. Source: sdx15 / Shutterstock.com Months later, as its pandemic tailwinds faded, it became a short-squeeze play. Retail traders piled in, hoping to squeeze it just
From a 20,000-foot view, DiDi Global (NYSE:DIDI) seems to hit all the right notes. A ride-sharing company, DiDi bills itself as the world’s leading mobile transportation platform. When you consider that China has about four times the population of the U.S., it’s not an unreasonable claim. And, of course, this tailwind puts DIDI stock in
Purchasing Palantir (NYSE:PLTR) stock continues to make sense for a specific type of investor. Let’s start with what you won’t get when buying Palantir shares. Source: Sundry Photography / Shutterstock.com Are you likely to get quick growth from PLTR shares? No, probably not. Sentiment surrounding Palantir has essentially settled since March. Following a few months
If 2020 was the year of the Covid-19 pandemic’s onset, then 2021 has been the year of the recovery and widespread shortages. Gadget makers like Apple (NASDAQ:AAPL) have struggled, more or less, due to the semiconductor supply crunch, and some who hold AAPL stock might be worried. Source: WeDesing / Shutterstock.com Not that Apple is in
The Robinhood (NASDAQ:HOOD) platform is certainly an interesting one for those looking to invest in the stock market. It certainly burst onto the scene early in the pandemic with commission free trading. That feature made it very attractive to retail investors, leading to impressive growth for Robinhood stocks. The Robinhood platform has been around for
Nio (NYSE:NIO) has become a bet that China will ultimately take down Tesla (NASDAQ:TSLA), at least in its home market. Source: xiaorui / Shutterstock.com Before Monday’s Hertz-fueled electric vehicle rally, Nio stock was up 8.5% since I last wrote about it on Oct. 11. At the time I had to eat humble pie, admitting that
Grom Social Enterprises (NASDAQ:GROM) is a recently public social media company that is geared to kids under 13. It is also an original content provider of entertainment for kids. The problem is it has no chance of originating profits, at least based on its present financial situation. That means GROM stock is not likely to
Fundamentally, ContextLogic (NASDAQ:WISH) is a tough proposition to take seriously under the present circumstances. If we were to assess e-commerce platform WISH stock in the context of pre-novel coronavirus, it might be a speculative opportunity worth pursuing with your risk capital. But due to the overwhelming disruption of Covid-19, the concept of recommending shares borders
In case you haven’t noticed, the whole world is in the midst of supply chain crisis. Long story short, thanks to Covid-19 disrupting global supply chains, businesses can’t find enough parts – or people – to meet demand. One of the industries hit hardest by this is the auto sector. That’s because in order to
Rocket Companies (NYSE:RKT) is reaching that point where retail investors are getting antsy. And I say retail investors intentionally. Rocket Companies is drawing virtually no interest from institutional investors. RKT stock is only down 15% in 2021. But if you were late to the party that sent the stock “to the moon” in early February, you’re
To put it simply, Vinco Ventures (NASDAQ:BBIG) likes to acquire businesses with a technology slant. If you like those businesses, then BBIG stock should pique your interest. Source: shutterstock.com/Postmodern Studio As we’ll see, Vinco Ventures certainly sparked the market’s interest earlier this year, to the point where the share price quadrupled in value. Whether that’s a
Faced with rapidly plummeting revenues and a persistent loss-making marijuana business, cannabis producer Sundial Growers (NASDAQ:SNDL) has subsequently pivoted to an investing game that former industry giant Aurora Cannabis (NASDAQ:ACB) gave up on last year. Could fortunes be different for SNDL stock investors? Source: Postmodern Studio / Shutterstock.com In a new business strategy that meme
Sundial Growers (NASDAQ:SNDL) has been one of the most fascinating corporate turnarounds of the past year. A little over a year ago, SNDL stock was trading for less than 14 cents and the company seemed to be on the brink of bankruptcy. Then the Reddit WallStreetBets phenomenon happened. SNDL stock exploded in a massive short
When I last looked at Jumia Technologies (NYSE:JMIA) stock a few days ago, I dissed it. Source: Christopher Penler / Shutterstock.com But it would be wrong to dismiss it. Bargain hunters have been creeping into the name recently, hopeful that the company has learned important lessons. Some were mentioned in my piece. Calling yourself the
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