Nio (NYSE:NIO) hit new lows recently, which has led many investors to question whether NIO stock is a bargain worth pouncing on. The interest in NIO is even more profound with earnings just around the corner alongside the recent haircut to the stock price. Source: helloabc / Shutterstock.com NIO might attract some investors who aren’t concerned
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As of mid-March, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is performing better than the benchmark S&P 500 index, but just barely. While the latter is down 13% on a year-to-date basis, GOOG stock declined by 12.6% during the same frame. Source: Castleski / Shutterstock.com Like I said, it’s barely performing better, which raises some uncomfortable questions. Prior to
There’s a bullish argument that Pinterest (NYSE:PINS) stock is a buy right now. You can see why some would argue that’s the case: Global revenue increased 52% in 2021. That’s a fairly compelling metric. Source: DANIEL CONSTANTE / Shutterstock But at the same time, Pinterest is still highly reliant upon its U.S. customer base. But
I’ve written several times about Apple (NASDAQ:AAPL) in recent months. The combination of a stock pullback that knocked AAPL stock reeling combined with the company’s first big event of 2022 is a mix of events worth covering. Apple just hit the headlines again, but not for a reason the company would be happy with. Fresh
Earlier this month, I discussed what could be a major issue with shares in Sofi Technologies (NASDAQ:SOFI). That would be the risk that SOFI stock starts to become valued more like a bank stock and less like a fintech stock. Source: Tada Images / Shutterstock.com If this happens? Long-term upside potential may be far more limited
Affirm Holdings (NASDAQ:AFRM) stock keeps growing, but its stock keeps sinking. Shares have lost nearly 75% of their value, just since the first of the year. The November high of $168/share seems a long time ago. Affirm was expected to open March 15 at a little over $26/share, a market capitalization of $9.4 billion. Source:
Lumen Technologies, Inc. (NYSE:LUMN) is a textbook example of a contrarian investment based on valuation, financial strength, and profitability. Not all these factors are in favor of LUMN stock, but at least two of them are positive factors investors should weigh in on. Source: Postmodern Studio / Shutterstock.com There are the geopolitical risks and rising
Airline stocks are suffering these days, thanks to Vladimir Putin. Russia’s president forced a pretty scary situation in Ukraine. Russia is launching dozens of missiles every day to achieve air superiority and pummel Kiev’s pro-Western government into submission. There’s no telling how this is going to turn out. Most of western world condemned the invasion
Royal Caribbean (NYSE:RCL) stock is still suffering from the pandemic shock and for good reason. The pandemic was extremely disruptive to global commerce, especially the travel and leisure businesses. While we are at the tail end of it, the threat of outbreak headlines to some companies still lingers. Before the pandemic, Royal Caribbean was firing
Before we consider the opportunity in Zillow (NASDAQ:Z, NASDAQ:ZG) stock, we should acknowledge the overall risk. The situation is now ablaze in the Ukraine, but the negative rhetoric is building showdowns between the U.S. and China. Wall Street knows this, and that’s why the the CBOE Volatility Index (INDEXCBOE:VIX) is near $30. With that in
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC has learned. Evans, who joined the Utah-based start-up in 2019 as chief revenue officer, is replacing founder Ryan Caldwell, who will become
In this article LVS ACI JNPR RIVN ILMN Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Illumina – Illumina shares surged 12.7% a day after the biotechnology company issued a 2022 revenue outlook that topped consensus expectations. The company also highlighted strong demand for
Recently a number of reports emerged, including a Jan. 5 article in Barron’s magazine, that Charlie Munger has “doubled down” into shares of Alibaba Group Holding (NYSE:BABA). In the past, I have written why BABA stock looks cheap. But I wanted to write about why he might see Alibaba as a worthwhile investment to buy
The omicron Covid-19 variant has taken its toll on cruise stocks. The three cruise ship giants in Royal Caribbean (NYSE:RCL), Carnival (NYSE:CCL), and Norwegian Cruise Line (NYSE:NCLH) have all seen their shares tumble in recent days. Adding to their woes, the Centers for Disease Control came out with a warning to “avoid cruise travel, regardless
Right after Thanksgiving, when omicron and the Fed scared the markets, it appeared likely that AMC Entertainment (NYSE:AMC) was ready to capitulate. In my view, changes in market sentiment was going to be what finally took AMC stock, one of the meme stock legends, down to a price more in line with its fundamentals. Source: rblfmr/Shutterstock.com
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 20, 2021. Andrew Kelly | Reuters The Nasdaq Composite and the tech sector of the S&P 500 slid sharply to begin the
Nikola (NASDAQ:NKLA) is making great progress in manufacturing and generating orders for its battery-electric and hydrogen heavy-duty commercial trucks. With businesses and governments seeking to reduce carbon emissions in the U.S. and Europe, Nikola’s status as a first-mover in environmentally friendly semi-trucks should enable it to post great financial results over the longer term. Consequently,
As you certainly recall, at the beginning of the Covid-19 pandemic, governments resorted to shutting down the world, which caused an economic strain like none before. Consequently, they instructed their central banks to maintain loose monetary conditions in order to offset the economic devastation. AT&T (NYSE:T) stock, for example, fell around 30% from January levels
Imagine that on Oct. 18, 2021, you had an epiphany to buy shares of Bakkt Holdings (NYSE:BKKT) and keep them for about two weeks. On Nov. 1, 2021, you had the best idea ever, at least for 2021. At some point, you checked your trading account, and you could not believe your eyes! Your BKKT
Ever since Block, Inc. (NYSE:SQ), formerly known as Square, released its earnings for Q3 on Nov. 4, its stock has been in a free fall. As of Nov. 3, it was $252.48, but by Friday, Jan. 7, SQ stock closed down $110.90 to just $141.54. That represents a decline of 43.9% in just over 2