As the EV sector remains hot, should you buy Workhorse Group (NASDAQ:WKHS) stock? Rallying more than 400% so far this year, investors have started to hit the brakes. Reaching prices as high as $22.90 per share in early July, the electric-powered delivery truck maker’s shares have slipped down to around $16 per share. Source: rblfmr
Stocks to buy
Airline stocks are flirting with a possible rotation higher and that’s got investors taking a closer look at this group. Delta Air Lines (NYSE:DAL) is one of the better-run names in the industry, so we want a piece of DAL stock if there’s going to be a big run. Source: NextNewMedia / Shutterstock.com The question
Record-breaking volatility in broader markets has created a wide range of winners and losers. Another phenomenon that regularly hits the headlines is the number of retail market participants trading on the online investing platform Robinhood. You can even think of the most popular shares on the site as top Robinhood stocks. Upon close inspection, you
Let’s cut straight to the chase: One of the best stocks to buy for the next five to 10 years may be that of small-cap, Las Vegas-based Artificial Intelligence (AI) tech company Remark Holdings (NASDAQ:MARK). Overall, though, MARK stock is highly speculative and not worth your lunch money. This is not a “sure thing”, and
I’ll admit it. As far as stocks go, Wayfair (NYSE:W) is not one of my favorites. DocuSign (NASDAQ:DOCU), on the other hand, has the makings of a 10-bagger. That’s why I recently included DocuSign stock amongst a group of 7 Hot Stocks to Stay Hot for Years to Come. Source: David Tran Photo /
It’s hard to imagine any company could be oversold in our presently bullish stock market. It’s not only the fact that the major indices are setting records, but that they are doing so in spite of the horrific economic conditions. We still have over 16 million people out of work in the United States and
Investors who are not too risk-averse and looking to bet on electric trucks should buy a small amount of Ayro (NASDAQ:AYRO) stock. Source: Alexandru Nika / Shutterstock.com That’s because the electric-truck maker has found a niche in which it can be successful, and it has already recruited a great partner. And importantly, at this point,
There’s a lot to like these days about Plug Power (NASDAQ:PLUG) stock. The hydrogen fuel cell company’s stock is up 250% on a year-to-date basis, reaching levels not seen since 2009. Source: Halfpoint/ShutterStock.com Plug Power is coming off a strong second-quarter earnings report in which it recorded beats on both revenue and earnings per share.
Canopy Growth (NYSE:CGC) has been full of misdirection as of late. CGC stock was giving bulls a nice pre-earnings rally before a two-dip ahead of the release. Upon popping higher on earnings, the stock is once again moving lower. What gives? Source: Shutterstock Putting our finger on this one has been tough, as the cannabis
For many investors, over-the-counter equities, or OTC stocks, imply a high degree of speculation. Yes, there are plenty of micro- and small-cap names among OTC stocks. But this isn’t an indictment. Nor is the OTC label. In fact, all over-the-counter really means is the methodology by which a stock trades. OTC stocks don’t transact on
Nio (NYSE:NIO) has been a volatile name lately, but the bias has been to the upside. With its earnings report on Aug. 11 before the open, Nio stock is moving higher. Or should I say, it was moving higher. Source: Carrie Fereday / Shutterstock.com Shares were up more than 8% in early trading near $15.50.
Even by the standards of a market that loves growth names, HubSpot (NYSE:HUBS) has had a strong 2020. HubSpot stock has raced to new highs, nearly tripling from March lows and climbing 63% year-to-date. Source: rafapress / Shutterstock.com As with so many growth names, valuation admittedly looks like a concern. HUBS trades at almost 200x
Electric car stocks have been getting a lot of attention on Wall Street lately. Despite various uncertainties posed by the novel coronavirus pandemic, the share prices of many electric vehicle firms have hit 52-week or even all-time highs. But some electric car stocks are better investments than others. In 2017, EV sales surpassed one million.
Airline stocks have been beaten and battered. They have been volatile and will remain volatile as travel trends continue to fluctuate. However, I have been taking a closer look at the group and like the way JetBlue (NASDAQ:JBLU) is shaping up. While JBLU stock is up more than 60% from the lows, it’s still down
Shares of Wayfair (NYSE:W) popped to all time highs in early August after the online home decor retailer reported second quarter numbers which blasted past expectations and broadly underscored one simple reality: Thanks to Covid-19, Wayfair is turning into the Amazon (NASDAQ:AMZN) of the furniture category. Source: Jonathan Weiss / Shutterstock.com Wayfair stock now trades
CrowdStrike (NASDAQ:CRWD) is not the most well-known tech stock out there. It’s no Apple (NASDAQ:AAPL) or Microsoft (NASDAQ:MSFT), particularly with its $25 billion market capitalization. However, that won’t stop CRWD stock from hitting new all-time highs. Source: Piotr Swat / Shutterstock.com Despite pulling back from the July highs, CRWD stock has been an absolute beast.
It’s true that fifth generation (5G) telecommunications is more an advertising line than a real thing for most people. But that is changing and 5G stocks are quickly becoming a hot investment theme. All major phone makers are making sure their newest models are 5G-ready. And telecom equipment makers are running a full speed to
It might seem ludicrous to recommend a stock a day after it reported an 80% decline in revenue. But that’s exactly what I’m doing with Caesars (NASDAQ:CZR) stock. Source: Jason Patrick Ross/Shutterstock.com The former Eldorado Resorts, whose acquisition of Caesars closed last month (Eldorado took the Caesars name), admittedly had an ugly second quarter. But,
It’s difficult to imagine a better earnings report than the one Etsy (NASDAQ:ETSY) delivered on Wednesday. Yet investors shrugged: ETSY stock declined 3.6% in regular trading Thursday. Source: quietbits / Shutterstock.com Admittedly, Etsy had more than quadrupled from March lows heading into the report. A “sell the news” reaction is to be expected. And we’ve
The novel coronavirus pandemic hasn’t slowed down semi-conductor giant, Nvidia (NASDAQ:NVDA). In fact, NVDA stock is up 88% year to date. Nvidia is currently trading near all-time highs, with some analysts predicting a whopping 12-month price target of $500. Source: JHVEPhoto / Shutterstock.com But now many wonder, can Nvidia continue its momentum heading into its
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