Medical device-maker Senseonics (NYSE:SENS) has had an incredible run at the stock market this year. SENS stock has benefited from several catalysts, including the interest of the Reddit community. Source: Andrew_Popov / Shutterstock.com As a result, the stock is up a massive 330% this year. Moreover, its revenue growth has been impressive, and the company has
A view of the New York Stock Exchange Building on Wall Street in Downtown Manhattan in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images September is the worst month, and it may not matter. It’s an old trader saw: September is the worst month of the year. It’s true, since 1945
Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images After seven months of gains, stocks face plenty of potential risks that could make September live up to its reputation as the worst month of the year for the
Investors should get on board with XPeng (NYSE:XPEV) stock if they aren’t already. Source: Johnnie Rik / Shutterstock.com Yes, general worries about China’s crackdown across multiple industries continue to stoke concern. However, XPeng rolls on and its strong earnings report justifies bullishness. Ultimately, broader concerns will abate. When they do, investors in XPEV shares will
It makes little sense for Ocugen (NASDAQ:OCGN) stock to remain at $7.50 or so per share. Source: Shutterstock As you may know, the company is working to bring Covaxin, developed by India-based Bharat Biotech, to North America. Over time, though, it has become clearer that this company’s Covid-19 vaccine gambit has slim chances of paying
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Wall Street is paying close attention to developments in Washington D.C. as President Trump, trade talks, and the Fed continue to make headlines. Nevertheless, indexes are near all-time highs, and Ryan McQueeney has is eyes on two dividend-paying stocks: Caterpillar (CAT) and Sony (SNE). Caterpillar: https://www.zacks.com/stock/quote/CAT?cid=CS-YOUTUBE-FT-VID Sony: https://www.zacks.com/stock/quote/SNE?cid=CS-YOUTUBE-FT-VID
It’s no exaggeration to say that BlackBerry (NYSE:BB) is a completely different company than it was in the first decade of the 2000s. Prior to the Great Recession, it felt as if BB stock would just keep going up forever. Source: Shutterstock Today, though, it’s almost humorous to think that BlackBerry once held a leadership position
A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger) David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell. CrowdStrike Holdings
Broader markets have been celebrating new record highs regularly over the summer. Year-to-date (YTD), the Dow Jones Industrial Average (DJIA), the S&P 500 index, and the Nasdaq 100 index are up about 15.6%, 20.5%, and 18.2% respectively. Meanwhile, analysts debate whether valuation levels for many stocks are overextended at this point. Nonetheless, there are several catalysts that
I’ll start by stating that any month is a great month to buy dividend aristocrat stocks. September is proving to be a volatile month in terms of economic headwinds posed by Covid-19. That has essentially been true for all of 2021, let’s hope 2022 is better. But that volatility leaves investors searching for stability. That
“The future of sports is electronic. The future of sports is mobile. The future of sports is now.” This is what Skillz Inc. (NYSE:SKLZ) says in a video about how it works. But if this is the future of sports, then why did SKLZ stock fall over 45% year to date to Monday’s close of
The U.S. Securities and Exchange Commission (SEC) is considering a full ban on the payment for order flow (PFOF). The reason is that this practice creates “an inherent conflict of interest,” according to SEC Chairman Gary Gensler, in a recent interview with Barron’s. Payment for order flow (PFOF) has become a hot topic in 2021
Robinhood (NASDAQ:HOOD) stock has significant growth potential over the longer term, but the immediate future is a little less rosy. Source: OpturaDesign / Shutterstock.com The valuation isn’t stratospheric and the company recently reported impressive second-quarter results. The problem is that HOOD stock faces risks, particularly in the medium term. As a result, I do not
In this article SPRT The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters Shares of Support.com are poised to extend their massive GameStop-style rally as Reddit-obsessed retail investors zoned in on the heavily shorted software name. The
A worker inspects a 24-kilowatt Generac home generator at Captain Electric on February 18, 2021 in Orem, Utah. George Frey | Getty Images Check out the companies making headlines in midday trading. Affirm, Amazon — Shares of Affirm soared more than 40% after the buy-now, pay-later company announced a partnership with Amazon. The e-commerce giant
Skillz (NYSE:SKLZ) reported Q2 2021 results on Aug. 3. Since those results, SKLZ stock has lost more than 20% of its value. Its shares now trade under $11, perilously close to single digits. Source: Rawpixel.com/Shutterstock.com Despite strong top-line results in the second quarter, investors chose to focus on the bottom line, or lack thereof. Unfortunately,
Context Logic (NASDAQ:WISH) stock has had a rough few weeks. Source: sdx15 / Shutterstock.com The company posted dismal second-quarter results and expected the slowdown to continue in the third quarter. Consequently, WISH stock is down more than 30% this month. Long-term growth drivers are in place, but its troubling fundamentals and business risks have me
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Gold is one of the best performing assets this year; should investors invest in gold ETFs? (SPY, GLD, IAU). SPDR S&P 500 ETF: https://www.zacks.com/funds/etf/SPY/profile?cid=CS-YOUTUBE-FT-VID SPDR Gold Share: https://www.zacks.com/funds/etf/GLD/profile?cid=CS-YOUTUBE-FT-VID iShares Gold Trust: https://www.zacks.com/funds/etf/IAU/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch