In any other time period, those who adopted a contrarian view to making expensive acquisitions — such as a new or used car — amid a heightened retail environment would be correct: just exercise patience and prices will come down. While sensible, it’s turning out to be the wrong advice. As Consumer Affairs reported, used
Stocks to buy
Ready to charge up your electric vehicle stock holdings with a truly unique company? Lightning eMotors (NYSE:ZEV), producer of zero-emission buses, powertrains and charging products, is a small but ambitious business — but unfortunately, ZEV stock remains under-appreciated on Wall Street. Source: Shutterstock One interesting thing about Lightning eMotors is that it has a strategic partnership
Barron’s magazine seems a little conflicted. On the one hand, they produced a positive story about Alibaba (NYSE:BABA) on Oct. 10. It indicated that famed investor Charlie Munger was “doubling down” in investments in BABA stock through Daily Journal (NASDAQ:DJCO), of which he is the Chairman. Source: Kevin Chen Photography / Shutterstock.com On the other
With its drop-off in price since last month’s short-squeeze rally, Vinco Ventures (NASDAQ:BBIG) may look to many like a “flavor of the month” penny stock. And true, BBIG stock does still need to live up to the hype. But at the same time, I wouldn’t write this one off as an opportunity. Source: shutterstock.com/Postmodern Studio
Aterian (NASDAQ:ATER) is a consumer products company. It sells a wide variety of goods for home and personal use, such as the Squatty Potty line of toilet stools. That’s apt, as ATER stock has taken a massive dump this year. After rising to $49 this spring, shares collapsed to just $3 this fall. Source: shutterstock
At just under $5 per share, ContextLogic (NASDAQ:WISH) is technically in penny-stock territory. Worse yet, WISH stock has many of the negative traits usually exhibited by penny stocks. For example, ContextLogic’s financial results are poor, and its prospects are murky. Source: sdx15 / Shutterstock.com Consequently, very few investors are holding their breath waiting for the company
It’s tough to find stocks trading at reasonable prices, especially in a market where high valuations are becoming the norm. However, the great thing about investing with a long-term horizon is you need not have a truckload of money to build a solid portfolio. A small amount of money invested in the right cheap stocks
Palantir Technologies (NYSE:PLTR) is known for secrecy and its long list of government clients. Its shares haven’t moved much in the past 6 months. PLTR stock was trading at $23 in April and is trading at the same level today. Source: Ascannio / Shutterstock.com The company went public through a direct listing and since then, it
Disney (NYSE:DIS) is among the hardest-hit businesses in the wake of the Covid-19 pandemic. As such, owning DIS stock wasn’t an easy proposition for much of 2020. However, it eventually experienced an impressive rebound. The question today, then, is what should you expect from Disney moving forward? Source: nikkimeel / Shutterstock.com Disney’s strategy to provide a
Overall, one of the main catalysts for President Joe Biden’s 2020 electoral victory was his stance on the novel coronavirus pandemic. Leading up to the election, former President Donald Trump’s administration made critical errors, primarily flirting with unsubstantiated Covid-19 allegations which undid the good of Operation Warp Speed. In turn, it’s unfortunate because people are
Editor’s Note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). Source: Shutterstock Since our last update in mid-July, Osisko Gold Royalties (NYSE:OR) has continued to deliver relatively forgettable returns for 2021. The stock is down 7% year-to-date, matching gold’s 7% retreat year-to-date. In other
I have said this in the past and will say it again, tech stocks are hot picks and will continue to remain at the top for the rest of 2021. Advanced Micro Devices (NASDAQ:AMD) has proved its worth time and again. It has enjoyed a strong couple of years and is enjoying the momentum. AMD
I’ve been pounding the table in support of Lucid Group (NASDAQ:LCID) for a while, but by and large, my pleas have gone unheard. Lately, the price action of LCID stock has been uninspiring. Source: ggTravelDiary / Shutterstock.com Without a doubt, Lucid’s electric vehicles won’t be the cheapest on the market. They’re really only targeted toward folks
Based in Oregon, coffee chain Dutch Bros (NYSE:BROS) went public on Sept. 14 at $23 per share, well above its pre-initial public offering (IPO) marketing price range. As a result, BROS stock remains on fire, even after gaining almost 60% on its first day of trading. Source: Alexander Oganezov / Shutterstock.com As of this writing,
When I last wrote about Greenidge Generation (NASDAQ:GREE) stock, the best move at the time vis-a-vis the stock seemed to have been to “wait for the dust to settle.” That is, it was best to wait for its dramatic post-merger selloff to end before buying the shares. In recent days, however, the selloff seems to
The macro picture looks extraordinarily bright for electric vehicle charging infrastructure company ChargePoint (NYSE:CHPT), even if some of the sheen has been taken off CHPT stock this year. Source: David Tonelson / Shutterstock.com The company’s strong second-quarter earnings report was largely overlooked. After an initial post-earnings pop, CHPT stock is down more than 10% since
Investors in electric vehicle manufacturer Lucid Motors (NASDAQ:LCID) stock have been waiting for this moment for several years. Source: gg5795 / Shutterstock.com The company’s first customer-quality Lucid Air sedan has rolled off the production line at its facility in Arizona. Deliveries are now weeks away. Hence, it is time for the company to deliver on
It seemed natural for shares of Chinese electric vehicle maker Nio (NYSE:NIO) to correct after surging from $2.11 in March 2020 to a high just below $67 in January — a gain of more than 3,000% in less than 10 months. Additionally, factors like the chip shortage and regulatory headwinds in China negatively impacted investor
The ongoing feud between China’s tech companies and the Chinese government continues to dominate investors’ view of these firms. Beijing has, in particular, targeted tech companies that it feels are involved in anti-competitive practices. Consequently, the shares of several top Chinese businesses, including Baidu (NASDAQ:BIDU) stock, are trading at rather low multiples. Source: Sundry Photography
They call it FUD: fear, uncertainty and doubt. Based in China, ride-hailing giant Didi Global (NYSE:DIDI) has its fair share of problems, I’ll admit. But there’s also plenty of FUD surrounding DIDI stock. Source: Piotr Swat / Shutterstock.com For example, reports recently circulated claiming that China’s Beijing city government advised state-owned companies to invest in the
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