Palantir (NYSE:PLTR) stock took a beating last year. PLTR stock is down more than 67% from its 52-week high price, currently sitting at $14.56. The signs of deceleration in the company’s public-sector business have been a key reason for the sluggishness. However, the positive developments in the past few months reiterate my belief in the
Stocks to buy
As young growth stock, SoFi Technologies (NASDAQ:SOFI) has had a few difficult weeks. SOFI stock dropped to nearly $12 on Jan. 18. It’s down and is down more than 21% in the past six months. Source: Tada Images / Shutterstock.com The stock market sell-off has been very difficult for companies, but it is important to look
AT&T (NYSE:T) had a difficult fiscal year from an investor perspective. In 2021, the company could not live up to its expectations. However, investors need only look forward as they offer a bright future for those who invest in T stock now. AT&T’s 5G ambitions may align with its roots. But it will take time
I have been a huge supporter of Palantir Technologies (NYSE:PLTR) stock and have recommended investors load up on it for the long term. Source: Spyro the Dragon / Shutterstock.com There was a lot of secrecy surrounding the company and the market’s interest in the firm was negligible at first but it gained traction as the
Over the past few years, I’ve been a big fan of Roku (NASDAQ:ROKU). I’ve written positively about ROKU stock during its good times in the second half of 2020 and early 2021, its bad times at the beginning of the coronavirus pandemic and in the second half of 2021, and its mediocre times in early
After an exceptional run last year, can Google’s parent company Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) stock again outperform its big tech peers and the broader market? Source: turbaliska / Shutterstock.com It’s a fair question to ask given that GOOGL stock has risen about 60% in the past 12-months to now trade at $2,771.74. Among large capitalization tech
Wall Street investors are very fickle these days. They are showing no commitment in either direction for longer than a few hours at a time. This makes it very difficult to commit capital with great conviction. This dynamic is part of what has impacted Teladoc (NYSE:TDOC) stock. TDOC has given up the entire relief rally
Investors in Robinhood Markets (NASDAQ:HOOD) stock have not had much to celebrate since the company went public in July 2021. In fact, shares are down nearly 60% over the past six months. Yet, most market participants pay more attention to what users of the Robinhood app buy and sell more than price swings in HOOD
Novavax (NASDAQ:NVAX), the Gaithersburg, Maryland-based biotech company, still has not submitted its Covid-19 vaccine for emergency use approval (EUA) to the Food and Drug Administration (FDA). The company says it will do so by the end of January. But the market is skeptical and is still waiting to see when the EUA will happen. As
Amazon (NASDAQ:AMZN) stock has been in a sort of free fall for the past several months. I suspect that it may be at a point where investors can begin accumulating it. One reason is that I foresee that AMZN stock will stage a rebound sometime this quarter or in the spring. Source: BigTunaOnline / Shutterstock.com
Chinese premium electric vehicle (EV) maker Nio (NYSE:NIO) hasn’t had a smooth 2021. NIO stock was once trading at the highs of $60 and is down to $30 today. Nothing has gone wrong with the company but the overall investor sentiment has led to the sell-off. There are also several concerns associated with Chinese regulations and
Top digital payments company PayPal (NASDAQ:PYPL) has had a rough few months. Despite the rise in digital payments and a strong move towards digitization, PYPL stock isn’t impressing investors. Source: Michael Vi / Shutterstock.com The disappointing guidance has left investors frustrated, which resulted in a huge dip in PayPal stock. Despite the new opportunities and
I’ve had my eye on Nio (NYSE:NIO) for a while now. I first bought NIO stock in June 2020 when it was less than $8 per share. I sold a little more than a year later when it was close to $50. Source: xiaorui / Shutterstock.com Sure, Nio was already off its all-time high at
With interest rates expected to rise and consumer spending holding up, now is an opportune time to add credit card giant Visa (NYSE:V) to a stock portfolio. Shares of V stock are on sale right now, having come down 13% in the last six months to now trade around $215. Source: Kikinunchi / Shutterstock.com The
Upstart Holdings (NASDAQ:UPST) was one of the big investment growth stories of 2021. At least, until last October. At that point, UPST stock crashed and it also became a cautionary tale about the downside of meme stocks. Upstart shares are now trading at around $120, which is right about where they were last June. They’re
Pinterest (NASDAQ:PINS) stock may soon benefit from one of Wall Street’s oldest adages. Buy low, sell high. Source: Nopparat Khokthong / Shutterstock.com It’s when growth stocks are out of favor that you want to buy growth stocks. Growth stocks fell out of favor in 2021, and PINS stock fell harder than most. Shares that were
Nvidia (NASDAQ:NVDA) emerged as one of the biggest stock market winners last year. NVDA stock generated over 120% returns for its investors in the past 12-months. Though its share price has gotten slightly ahead of itself, the chipmakers glowing reports justify its lofty valuation. Moreover, there’s still plenty of upside remaining with Nvidia, with it
This may be the perfect time to invest in EV stocks. The electric vehicle industry is booming, and its popularity increases with every passing day. Many governments and cities have introduced regulations to accelerate sustainable mobility, with the global community collectively searching for answers in response to climate change. Regulators define more stringent emissions targets worldwide to
Nikola (NASDAQ:NKLA) is making great progress in manufacturing and generating orders for its battery-electric and hydrogen heavy-duty commercial trucks. With businesses and governments seeking to reduce carbon emissions in the U.S. and Europe, Nikola’s status as a first-mover in environmentally friendly semi-trucks should enable it to post great financial results over the longer term. Consequently,
The worst may finally be over for AT&T (NYSE:T) stock. The company had a terrible 2021 and a rather dire decade on the whole if we’re being honest. Source: Lester Balajadia / Shutterstock.com In December 2011, T stock traded around $29 per share. 10 years later, shares are now around the $26 mark. Sure, there
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