Things have not been going well for Canadian cannabis stocks like Aurora Cannabis (NYSE:ACB). Aurora lost 32% of its value over the last month. And so far, March isn’t looking much better; Aurora stock today hit a new 52-week low of $1.16 per share. Source: Shutterstock Some of the stock’s plunge s due to the
Stocks to sell
Looking at the fallout of virtualization and cloud-computing service provider VMware (NYSE:VMW) from afar — and without any skin in the game — I believe its shares are suffering from poor timing. Source: Sundry Photography / Shutterstock.com In recent years, the company has been emphasizing virtualization less and cloud computing more. Under ordinary circumstances, Wall
With renewable energy being all the rage these days – and let’s be honest – this isn’t just a fad, it’s not surprising that some investors are hunting and pecking with some lower-priced stocks in the space, including FuelCell Energy (NASDAQ:FCEL). Source: Kaca Skokanova/Shutterstock On March 2, FCEL stock closed at $1.93. While that’s a
With the recent coronavirus-driven correction, what’s the next move for tech stocks? Before, high-flying tech stocks were moving higher in a runaway bull market. Strong growth projections may have justified high multiples. But, as the market moved higher, these stocks reached frothy valuations to say the least. So with this mind, it’s reasonable to assume
Amid the chaos of the current market, there have been plenty of buying opportunities among quality stocks. However, quality is key to taking advantage of the market’s ups and downs. Like many of its peers, FuelCell Energy (NASDAQ:FCEL) has seen its share price lose 22% over the past week — but even that monumental drop
Since mid-2018, the selloff in Chesapeake Energy (NYSE:CHK) stock has been relentless and painful for dip-buyers. Holdouts can blame falling energy prices all they want, but there are red flags that investors would be advised to pay close attention to, lest they suffer further losses. Source: Casimiro PT / Shutterstock.com I’ve assigned a rating of
For Micron Technology (NASDAQ:MU), they may remember 2020 as the year that brought the yin and yang. On one hand, it moved quickly higher on speculation that the 5G rollout would spike demand for memory chips. As a specialist in both NAND and DRAM chips, it wasn’t surprising that MU stock popped up. However, the
The coronavirus from China continues to spread globally. And despite the World Health Organization refusing to name the bug a pandemic, it’s growing clear that’s exactly what’s on our hands. Wall Street is trying to be in a good mood about all this, but industries like cruise line airline stocks are feeling the effects. This
Although healthy beverages, including those infused with hemp and/or CBD, make investing in New Age Beverages (NASDAQ:NBEV) stock an interesting play, I’m not a strong believer in it right now. Source: Shutterstock I won’t be surprised if NBEV stock rebounds at some point, but it could take a while. Personally, I prefer not to own
Over the past week, major Chinese equity benchmarks, such as the FTSE China 50 Index and the MSCI China Index, have been doing markedly less poor than the S&P 500 as the coronavirus from China has stabilized somewhat in the region while spreading to other countries. But less bad doesn’t mean good. The Chinese economy
Equity markets right now are pricing Chesapeake Energy (NYSE:CHK) for an eventual bankruptcy. In pre-market trading, CHK stock is changing hands for less than 24 cents per share. Source: Casimiro PT / Shutterstock.com That kind of price, and that kind of trading, might attract some investors looking for a lottery ticket stock. It shouldn’t. Barring
Despite the popularity of electric cars, it will be a long time before the infrastructure can accommodate their universal integration. At this juncture, that’s about the only piece of good news for AutoZone (NYSE:AZO). Since December of 2019, AutoZone stock has been on a downward spiral. And with the coronavirus from China, the environment has
Admittedly, that headline is very much short-termism. It’s borderline difficult to write about Intel (NASDAQ:INTC), a company with enviable market position and a slew of quality traits, however, short-termism is the order of the day in the current environment set by the novel coronavirus. Source: Kate Krav-Rude / Shutterstock.com The “buy the dip” mentality that
When you think about overlooked lessons that new investors learn in the stock market, one in particular comes to mind — for every hard-and-fast rule that technical investors use to evaluate the best stocks to buy, there’s always an exception or two. Source: Daniel J. Macy / Shutterstock.com That brings us to struggling U.S. aluminum
Stocks everywhere are getting roiled by rising concerns that the coronavirus from China is quickly turning into a global pandemic. Semiconductor stocks are getting hit twice as hard. And Micron (NASDAQ:MU) stock is getting hit three times as hard. Source: madamF / Shutterstock.com In February, the S&P 500 has fallen 8% off its highs, the iShares
Investors bullish on cannabis no doubt are considering Aurora Cannabis (NYSE:ACB) stock right now. After all, currently below $2, Aurora stock looks cheap. Source: ElRoi / Shutterstock.com I’m one of those investors who believes cannabis has a bright future. Indeed, I have a service, Cannabis Cash Weekly, dedicated entirely to the sector. It’s true that
On a broader level, Okta (NASDAQ:OKTA) should be one of the few names that responds positively to the coronavirus from China. As a specialist in the access management space, Okta stock naturally benefits from necessary security protocols in the digitalization era. But with an outbreak that is on the verge of a pandemic, access management
The bulls have had a rough week as the coronavirus from China goes global and threatens a major disruption of end demand, supply chains and debt market health. U.S. equities just suffered the most rapid two-day pullback of the current bull market, outpacing the 2010 Eurozone panic, the 2011 debt panic and even the 2018
Even if you’re not big on the physical retail space, you’ve got to like Walmart (NYSE:WMT). As the superpower of the segment, their footprint offers convenience to millions of shoppers. Additionally, Walmart stock has handled itself very well amid the threat of Amazon (NASDAQ:AMZN) and e-commerce. Thus, a temptation exists to treat the present volatility
Back when Alcoa (NYSE:AA) used to be a bellwether company, any deterioration in Alcoa stock was cause for alarm. Prior to the digitalization era, the output of physical products was the engine of the U.S. economy. Source: Daniel J. Macy / Shutterstock.com Of course, this narrative has shifted. And today, the steep decline in the