Stocks with 1,000% upside potential don’t come around all that often. Or at least when they do, they may not seem all that obvious at first. Some of the recent big ones include Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Salesforce (NYSE:CRM) and Lululemon Athletica (NASDAQ:LULU). The common theme with stocks that have 10-bagger potential is a great
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San Francisco-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI) is one of today’s most interesting fintech firms. However, Mad Money host Jim Cramer can’t seem to find a catalyst to recommend SOFI stock to investors. There are actually notable events concerning SoFi, including the approval of a reverse share split and the possibility of a $1 billion stock
The energy sector is broadly defined to comprise all companies that produce power. It is divided into non-renewable and renewable sources. Currently, that conversation gravitates around oil and prices at the pump. It is no secret that the price of a gallon of gas factors heavily into everyday conversation around inflation and recessionary concerns. The
Like similar pandemic-era high-fliers, shares in Shopify (NYSE:SHOP) have seen a big price cut so far in 2022. Adjusting for its recent stock split, SHOP stock started off the year changing hands for around $136.31 per share. Today? It’s trading for around $35 per share. That’s a more than a 74% drop. Yes, over the
Even the best of us make mistakes or dive into an investment too early, which explains the concept of Warren Buffett stocks trading at discount. Though investors tend to hang on every word that comes out of the “Oracle of Omaha’s” mouth, he has never been one to attempt to time the market with the
Miami-headquartered cruise operator Carnival (NYSE:CCL) recently received some positive news as the Centers for Disease Control and Prevention (CDC) has ended its Covid-19 Program for Cruise Ships. Don’t get too excited yet, though. CCL stock could still head lower as Carnival’s planning a massive share sale. Plus, an analyst is suggesting that the company’s share sale
It’s safe to say any buzz surrounding Vinco Ventures (NASDAQ:BBIG) has long since left the room. After falling to penny stock levels even before the recent bear market emerged, the market downturn has further soured sentiment for BBIG stock. In all, the stock has fallen by around 90% from its meme-era highs. To many, this
A robust summer travel season and improved international and business travel helped major U.S. airlines deliver profits in the second quarter. However, many carriers missed Wall Street’s earnings expectations as they battled sky-high fuel costs and operational challenges, mainly due to staffing issues. Airlines have raised ticket prices to mitigate the impact of higher costs.
When equities are under pressure, it is particularly important for investors to find stocks that are trading at a discount to their intrinsic value. This can be particularly difficult if you’re interested in finding small-cap growth stocks trading at a discount. The widely accepted definition of small-cap companies are those with a market capitalization of
Dallas-headquartered telecommunications giant AT&T (NYSE:T) now has a deal with the Federal Aviation Administration (FAA). This should help solidify AT&T’s status as a 5G leader. This also bodes well for T stock, which is ideal for value seekers and dividend collectors alike. When dollar inflation gets to a fever pitch, stubbornly staying in an all-cash position
Mullen Automotive (NASDAQ:MULN), a company based in Southern California that wants to make electric vehicles more accessible to consumers, has announced several important pieces of news lately. A couple of months ago, in March 2022, I had been very bearish on MULN stock. Is the recent news enough to start buying the shares of this
Stock traders, mark your calendar for July 12. That’s when shareholders of San Francisco-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI) will vote on a potential reverse stock split. This event could prove to be a pivotal moment for the company, and for the future trajectory of SOFI stock. 2022 has been a tough year for banks, both
After the coronavirus pandemic, many penny stocks became bubbles due to the sudden increase in liquidity through stimulus packages and trillions in bailouts. The excitement in the market caused users of different platforms, mainly Reddit, to aggressively invest in risky penny stocks. Of course, the recent economic slowdown and inflation have caused most of those
It goes without saying that 2022 has been brutal for growth stocks, but Carvana (NYSE:CVNA) is a name that in particular has been hard hit. Year-to-date, CVNA stock is down 88.5%. What’s behind this stunning plunge in price for shares in this automotive e-commerce company? Rising interest rates, and their impact on stock market valuations,
Today, I have chosen six stocks hedge funds love. To simplify this, I decided to pick the top three stocks of two of the most watched hedge funds that are the most popular in the market. One of those funds is Michael Burry’s Scion Asset Management. We use the company’s 13-F holdings report from the
The Covid-19 pandemic accelerated the growth of several e-commerce players as consumers moved to online shopping channels amid lockdowns. However, with the reopening of the economy, spending has shifted back to brick-and-mortar stores and to experiences like travel. Further, high inflation and fears of a recession are impacting consumers’ purchasing power. That said, the long-term
Just when things couldn’t get any worse for Robinhood Markets (NASDAQ:HOOD), a report from the United States House of Representatives Financial Services Committee shows that the retail brokerage had far less liquidity than it suggested at the height of the meme stock phenomena. In the aftermath of that announcement, HOOD stock dropped about 5%, throwing
It turns out investing in a vacuum can be a poor idea, even a really strong sounding one. But in today’s current market and as that relates to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), investors may have a less challenging time cleaning up as profitable buyers in GOOG stock. Shopify (NYSE:SHOP), Amazon (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) and Alphabet are
Risky growth plays are feeling the pressure of rising inflation and increasing interest rates. Under these circumstances, Newegg’s (NASDAQ:NEGG) stock is not for the faint of heart since it’s a true meme stock in every sense. Newegg is an online retail company selling various computers, electronics, and more products. The main reason why the company
Fed-up investors who dumped Alibaba Group (NYSE:BABA) stock in March will regret it. BABA stock bottomed at $73.28 in mid-March 2022. The following month, Premier Li Kequiang said it would pause its crackdown on the sector. The shift to promoting economic growth proved helpful to BABA stock. Shares are up by around 60% from the
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