Stock Market

Conservative investors who look at a timeline of Workhorse’s (NASDAQ:WKHS) stock this year might agree with my conclusion: There remains no fundamental reason to snap up shares currently.  Source: Shutterstock Thus far, there have been two distinct peaks in Workhorse share prices in 2021. Let’s look back on what fueled WKHS shares upward on those

I’m not exactly sure when this meme trading phenomenon will end, although I’m fairly confident that – like other market phenomena over the centuries – it will eventually do so. In the meantime, I fully respect the potential for Tilray (NASDAQ:TLRY) to enjoy the fruits of the movement. Since the closing low of May this

GameStop (NYSE:GME) stock is now up 4,620% in the past year. Of course, the catalyst for this huge move has nothing to do with GameStop’s struggling business. Reddit’s WallStreetBets community and other groups of online traders like the stock. That’s the catalyst. Source: Northfoto / Shutterstock.com It doesn’t matter that GameStop’s revenue is down nearly

Clean energy and software firm Stem (NYSE:STEM) bottomed at below $20 in the last month. Since that time, investors accumulated shares steadily. STEM stock posted a steady stream of corporate news updates. Are those eventful enough to justify buying the stock after it already rallied? Source: petrmalinak/ShutterStock.com On June 15, Steam and CleanCapital announced a

The post-pandemic reopening discussion usually centers around travel-related companies such as cruise ships and airlines. One of the surprise booms has come from the apparel industry. According to industry data, consumers have been buying apparel at remarkable rates. One of the winners in this category may be Revolve Group (NYSE:RVLV), a fast growing online fashion

At the onset of the pandemic, I was extremely worried that we were facing a catastrophic paradigm shift. Frankly, I wouldn’t have dreamed of touching growth stocks to buy. Of course, those who dared to buy into the doldrums of 2020 made out with unbelievable profits. Soon, the masses followed, with seemingly everyone piling into

Don’t blame it on Canoo (NASDAQ:GOEV) stock. The startup electric vehicle (EV) company went public as part of a SPAC merger in December 2020. Source: Canoo media At that time, any company associated with the sector was caught up in an EV bubble, and GOEV stock was no exception.  Immediately after going public, GOEV stock more than doubled

Over the trailing one-month period, Li Auto (NASDAQ:LI) stock is up more than 22%. Source: Carrie Fereday / Shutterstock.com It turns out that despite the many challenges that the global economy faces from the lingering impact of the novel coronavirus pandemic, the electric vehicle sector continues to hum. The Chinese EV segment has really come

After a long holiday weekend, it’s business as usual for the most evangelical of Churchill Capital Corp IV (NYSE:CCIV) shareholders. With the Lucid Motors merger just two weeks away, “Lucid Nation” is buzzing with anticipation. If you missed the boat on Tesla (NASDAQ:TSLA), Lucid Motors — and CCIV stock — is apparently the second coming.

Short and fast, it was good while it lasted. That’s what the tombstone for the so-called “inflation trade” should read because, folks, it is dead. Once again, it’s time to look at strong growth stocks to buy, before they ride a wave of bullish macro sentiment higher. You heard that right. The great “value rotation”

For a brief moment in June, the Reddit trader army set its sights on Wendy’s (NASDAQ:WEN) stock. Chalk it up to an inside joke among r/WallStreetBets subreddit posters. Or perhaps a love of the fast food chain’s chicken sandwiches motivated the meme crowd. But, whatever the reason was, the short-lived rip, which took WEN stock

When a company becomes the newest darling among retail traders, watch out. I actually like video-game hardware and accessories company Corsair Gaming (NASDAQ:CRSR), but its apparent popularity among Reddit users may be a warning sign for CRSR stock. Source: Rawpixel.com/Shutterstock.com Don’t get me wrong. I find it fascinating that r/WallStreetBets participants are standing up to the

After a volatile and exhausting run in the first half of this year, GameStop (NYSE:GME) stock look to finally be stabilizing somewhat. Source: rblfmr / Shutterstock.com Of course, “stable” is a relative term when it comes to GME stock, which, at this point, seems to operate completely outside normal investing and trading rules. While the

Online forums are a powerful force that can move stocks. During the Y2K bubble some two decades ago, Yahoo Finance’s message forums gave users a place to talk about picks. These days, though, users can get a stock trading idea explained to them within seconds on platforms like Reddit, which has become the go-to place

Though manageable through modern medical technologies, diabetes is nevertheless a pain in the rear. On a frequent basis, patients need to prick their fingertips to check their blood sugar levels. However, the advent of continuous glucose monitoring (CGM) systems, such as the Eversense device created by Senseonics (NYSEAMERICAN:SENS), brings much-wanted convenience for patients. It’s no

BlackBerry (NYSE:BB) has become a favorite among investors. In fact, BB stock has a very loyal group of bulls that continue to wait for the stock to take off. A company that was once on the top of the smartphone world has found itself continually reinventing its business model.  Source: Shutterstock That’s not necessarily a

Lately, I’ve been reading mixed reviews of Swedish plant-based milk company Oatly (NASDAQ:OTLY). Even after a blockbuster initial public offering (IPO), the sentiment surrounding OTLY stock is starting to cool off. Source: Vladislav Noseek / Shutterstock.com As the share price drifts down from the peak, folks who’ve been sitting on the sidelines can consider taking a

If any company has been testing the patience of its investors, it’s TPG Pace Beneficial Finance (NYSE:TPGY). It can be frustrating to watch a special purpose acquisition company (SPAC) stock pop and drop, and that’s exactly what’s happened with TPGY stock. Source: iQoncept/ShutterStock.com In late May, I practically begged investors to hold off on TPG Pace.

If you’re old enough to remember when MTV started — or old enough to remember when it only played music videos — than you’re no spring chicken anymore. MTV is just one of many historic brands owned by ViacomCBS (NASDAQ:VIAC). Other iconic entertainment brands in the VIAC stock portfolio include Paramount, CBS, Comedy Central, BET,

Since its initial public offering (IPO), ContextLogic (NASDAQ:WISH) staged one rally to peak at around $33, only to fall steadily. Selling pressure on WISH stock accelerated after the company posted quarterly earnings on May 12. Source: sdx15 / Shutterstock.com After it bottomed at $7.52, why did the stock rally a few weeks ago from $8