Stock Market

A few weeks back, I wrote about a possible secondary catalyst with Sundial Growers (NASDAQ:SNDL) stock. The full legalization of marijuana in the U.S. remains the main one for this Canada-based pot company. But, if its share price dipped further? Buying ahead of it putting its $862.5 million cash position to good use could be

In the race to create COVID-19 vaccines, it seems there are no losers. I thought Novavax (NASDAQ:NVAX) was the “ultimate vaccine play”  last year despite having no track record of success. In November I suggested people sell NVAX stock. The stock, which had been selling at $5 in January, was selling at the time for

Good companies don’t need Wall Street experts’ seal of approval — but it certainly doesn’t hurt. Fisker (NYSE:FSR) recently got a favorable rating from a prominent analyst, and FSR stock owners should be happy about that. Source: Eric Broder Van Dyke / Shutterstock.com It’s a bold move for an analyst to have a bullish stance on

Why is Tesla (NASDAQ:TSLA) – a car company – worth more than $700 billion? Because, as the bulls like to say, Tesla isn’t a car company. It’s an energy company. Chamath Palihapitiya — an early Facebook exec turned super successful venture capitalist — put it best in a 2021 CNBC interview: “The reality is that

Deutsche Bank analyst Edison Yu issued positive comments about Nio (NYSE:NIO) on Aug. 9, two days before the electric vehicle (EV) maker reports its second quarter 2021 earnings after the markets close. NIO stock gained 3% on the comments.  Source: Robert Way / Shutterstock.com I’m in the company’s corner long-term, but in my last two

Millions of Americans are struggling with Alzheimer’s, according to the Alzheimer’s Association. The disease often has a slow progression, lasting years or even decades, and it’s one of the leading causes of death in the United States. Memory loss and declines in the ability to think clearly, solve problems, and even communicate are a terrible part

Prior to the recent revolution in so-called meme stocks, virtual content provider fuboTV (NYSE:FUBO) wasn’t a frequent topic of conversation among market traders. Then the Reddit users got involved, and the daily trading volumes of FUBO stock increased dramatically. Source: Tada Images / Shutterstock.com This is a double-edged sword. The positive angle is that more people are

Nio (NYSE:NIO) stock has been the rising star of the Chinese electric vehicle market. In the past year, NIO stock is up more than 230%, and more than 1,500% since the pandemic lows. Source: xiaorui / Shutterstock.com It is hard to argue with that kind of a stellar performance. Yet so far in 2021, NIO

Activision Blizzard (NASDAQ:ATVI) stock tumbled hard recently after details of an investigation and subsequent lawsuit by the State of California revealed an allegedly misogynistic company culture. Since then, ATVI stock has been on a whacky rollercoaster ride (down over 10% in the past month). Now, many Activision Blizzard investors are questioning the company’s longer-term prospects

In July 2020, I suggested that investors dump United Airlines (NASDAQ:UAL) stock and buy Apple (NASDAQ:AAPL) instead. Source: travelview / Shutterstock.com As an alternative to UAL stock, I advocated buying shares in the U.S. Global Jets ETF (NYSEARCA:JETS) to play the airlines better.  Thirteen months later, the airline industry appears to be coming out of

Fabless chipmaker Nvidia (NASDAQ:NVDA) earned its reputation by pioneering graphics processing units (GPUs), which made video games more realistic. And over time, NVDA stock has posted astounding gains. Source: Allmy / Shutterstock.com As we’ll see, those gains might be too much, too fast. The run-up in share price over the past few months has been astounding,

Is Peloton (NASDAQ:PTON) a fad pushed artificially higher by the pandemic, or a trend that’s just taking off? That’s the question investors have been asking about PTON stock for quite some time. The company, which operates a fitness platform for live and on-demand indoor cycling classes, received an obvious boost as the pandemic shuttered gyms. 

Cloud computing plays remain hot. But it’s only been this year that Oracle (NYSE:ORCL) stock has joined their ranks. Back in 2020, when cloud names like Microsoft (NASDAQ:MSFT) were zooming higher, shares in this enterprise software giant saw more gradual gains. Mainly, due to it facing more challenges than windfalls from the Covid-19 pandemic. Source:

The spread of Covid-19’s Delta variant may be turning more eyes back on Novavax (NASDAQ:NVAX) stock. But with the exception of a moderate pop in early June and a rally recently that quickly faded, this development hasn’t done much to renew excitement for the shares of the vaccine maker. Source: Ascannio/Shutterstock.com At first glance, this

Nvidia Corporation (NASDAQ:NVDA) shares have seen a three-week run after a steep decline in mid-July. Can NVDA stock keep it up? There is some concern that it will stumble before the year is out. In fact, many investment analysts have 12-month price targets that reflect a small downside for shareholders compared to current prices.  Source: michelmond

Shares in online electronics retailer Newegg Commerce Inc (NASDAQ:NEGG) were big movers on Wednesday and not in a good way. After a promising start that saw NEGG stock off to a quick gain, things quickly went downhill. By the time trading had closed for the day, shares were at $16.81, for an 8.2% loss on the

By-and-large, meme stocks have moved lower last month. But Exela Technologies (NASDAQ:XELA) stock was one that bucked the trend. Source: shutterstock.com/Luca Lorenzelli Shares in the business process automation provider are no stranger to rallies fueled by Reddit’s r/WallStreetBets community. Before its short-lived July run-up, it experienced a similar brief period of off-the-charts enthusiasm back in

Like many others who followed the Reddit-fueled surge in GameStop (NYSE:GME) stock, I was taken aback by the initial price action. Source: Shutterstock / mundissima A down-on-its-luck stock appreciating many times over is not something you see every day, but now that it’s been a few months since the phenomenon started, it is more astounding

Ashford Hospitality Trust (NYSE:AHT) is a real estate investment trust (REIT) that owns full-service upscale and upper-upscale hotel properties in the U.S. AHT stock opened on August 3 at $15.35. Source: Shutterstock All of its hotels are located across the U.S. and operate under brands including Marriott, Hilton, Hyatt, Crowne Plaza, Sheraton and others. Ashford

Investors in Oracle Corporation (NYSE:ORCL) — at least, those who came on board after 2002 — have been a pretty happy lot. When the dotcom bubble burst in 2000, ORCL stock was hammered. In just two years, investors saw their holdings drop in value by more than 80%. However, since 2002, Oracle shares have been