On June 28, Hyliion (NYSE:HYLN) is set to join the Russell 2000 and Russell 3000 indexes. With more than $10.6 trillion of assets benchmarked against Russell’s U.S. indexes, Hyliion, a provider of electrified powertrain solutions for commercial trucks, is bound to attract more attention from institutional investors after it’s added to the two indexes. That’s
For much of the year, Carnival Corporation (NYSE:CCL) traded in a steady uptrend. Unlike last year, when the world did not have a Covid-19 vaccine rollout, CCL stock stands a better chance of rewarding investors. The stock continues to find support on the 50-day moving averages. Source: Kokoulina / Shutterstock.com What are the positive catalysts
IBM (NYSE:IBM) produced stellar first-quarter earnings on Apr. 19, with huge implications for the stock. Most importantly, the company’s cloud-based software earnings are now on a clear recurring growth path. I estimate IBM stock is now worth at least one-fourth more at $183 per share. Moreover, the stock is also cheap. Source: shutterstock.com/LCV IBM’s revenue
There are plenty of electric vehicle companies to invest in. However, Fisker (NYSE:FSR) stands apart from the competition with a bold, creative vision — and for the most part, FSR stock holders are perfectly okay with that. Source: Eric Broder Van Dyke / Shutterstock.com For one thing, Fisker’s vehicles are futuristic-looking — quite unlike the typical
Growth stocks, which took a back seat to their value counterparts from January through May of this year, have been bouncing back in the past month. For example, the S&P SPDR 500 Growth ETF (NYSEARCA:SPYG) is up 5% in the past month, compared to a 3% loss for the S&P SPDR 500 Value ETF (NYSEARCA:SPYV).
We’ve been pounding the table on Lucid Motors and Churchill Capital (NYSE:CCIV), the SPAC behind Lucid Motors, for a while now. We believe the company is in a prime position to steal significant market share from Tesla in the premium electric vehicle (EV) category over the next few years. Source: ggTravelDiary / Shutterstock.com Consequently, it’s a
I ‘m still very upbeat on Arrival (NASDAQ:ARVL) and ARVL stock, due to the electric vehicle maker’s pioneering, low-cost manufacturing process and its huge partnership with UPS (NYSE:UPS). Source: Shutterstock Further, I think that other pundits and the financial news media may have been incorrect when they claimed that the stock’s recent surge was entirely
Social momentum is not a permanent driving force. It causes stocks to rise, but it can’t sustain stocks at unprecedented levels all on its own. Once hype dies, meme stocks go down. If a company caught up in this kind of trading isn’t solid on its own, its stock goes down … a lot. For
You know how everyone in the Star Wars universe says “the force is strong with this one”? Well, the “meme force” is strong with ContextLogic (NASDAQ:WISH). WISH Stock has been jumping for a while now due to meme mania. And it refuses to stop. Source: sdx15 / Shutterstock.com Yet again, the stock is moving higher.
Appian (NASDAQ:APPN) is a hypergrowth stock that has ebbed and flowed with the market gyrations of 2021. The company provides a low-code automation platform that businesses can use to create applications serving a wide variety of needs. And a lot of leading businesses use them. Source: JHVEPhoto / Shutterstock.com It crashed when hypergrowth stocks were
Reuters reported on Jun. 16 that Nvidia’s (NASDAQ:NVDA) plans to close its $40 billion acquisition of U.K. chip firm Arm by March 2022 are looking less likely by the day. Of course, I’m sure this has owners of NVDA stock a little more nervous than usual. And there’s even a possibility that it might never
Google the words “marijuana stocks to buy,” and you get hundreds of thousands of results. Investors remain enthusiastic about weed’s future despite all the ups and downs the global industry has experienced in recent years. When it comes to marijuana investments, I’ve always been partial to those companies whose business strategy goes well beyond the
One of the most important and true maxims in the stock market is don’t fight the Fed. The U.S. Federal Reserve is the master of the financial universe. What its voting members believe, are enacted into monetary policy – the most important of which is the prevailing interest rate. That policy determines everything in the
With increased participation from retail investors, there needs to be adjustments to the portfolio and investment strategy. Without doubt, focus on value stocks and fundamentally sound growth stocks will continue to deliver returns. However, I would be tempted to allocate some funds to meme stocks. This column will talk about the best Robinhood stocks to
Fortune favors the bold. Let’s hope fortune favors me when I say that it may be time to bet against Tesla (NASDAQ:TSLA) and go all-in with Lucid Motors (NYSE:CCIV) stock. Full disclosure: We own Tesla in Innovation Investor. How could we not? Elon Musk & Co. are at the forefront of three of the most disruptive
Online finance company SoFi Technologies (NASDAQ:SOFI) went public amid much fanfare on June 1 by merging with blank-check company Social Capital Hedosophia Corp. V. As a result, IPOE stock disappeared and SOFI stock was publicly available for trading. Source: rafapress / Shutterstock.com This is one of Chamath Palihapitiya’s special purpose acquisition companies (SPACs), and he’s a
This past week, I told subscribers about the number one meme stock to buy today for a big near-term breakout. I said this stock could end up being the next GameStop… or the next AMC… or the next Clover… all of which managed to soar several hundred percent in a matter of weeks. Since then, that
Square (NYSE:SQ) is known to many traders as a digital payments company. In fact, it’s an established leader in this niche. As such, some folks might choose to own SQ stock just for that reason. Source: IgorGolovniov / Shutterstock.com Now, don’t get me wrong — Square’s Cash App did drive outsized profits in early 2021. That’s
At first glance, Rocket Companies (NYSE:RKT) looks like a sure-fire trading pick. It has a great name, tons of meme energy and solid fundamentals, as well. Rarely do you get the combination of both the Reddit crowd and a strong business with excellent earnings and prospects as well. And yet, RKT stock has failed to launch.
When it comes to buying stocks to grow your investments, there are hardly any guarantees. Great rewards come with great risks. Readers may avert much of the inherent downside with screaming stock opportunities. For example, the price paid may lower the risks by giving investors a bigger margin of safety. So, if investors pay for