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The last (and only) time I wrote about Westwater Resources (NASDAQ:WWR) was approximately three weeks ago. Regardless of a recent executive order from President Donald Trump, which was intended to reduce the country’s reliance on foreign suppliers of critical minerals such as graphite, I couldn’t recommend WWR stock except for the most speculative investors. Source:
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U.S.-based electric vehicle (EV) stocks have cooled off in recent weeks. But nothing’s stopped the epic run of China-based EV play Nio (NYSE:NIO). I’ve long been skeptical about Nio stock, and I’ve been weary of the sentiment that it’s well on its way to becoming the “Tesla (NASDAQ:TSLA) of China.” Source: xiaorui / Shutterstock.com Yet,
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Stanley Druckenmiller Anjali Sundaram Billionaire investor Stanley Druckenmiller advised investors against being short the stock market as positive news on the coronavirus front has jolted a big rotation out of growth and into value names. “It’s nuanced, but there are a lot of companies that will be direct beneficiaries [from a coronavirus vaccine], and they
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Sometimes looks can be deceiving in financial markets. XpresSpa (NASDAQ:XSPA) is a good example of that. In 2020, XpresSpa stock has fallen 3.7%. In this environment, that’s something most investors can live with when it comes to a small-cap, consumer-discretionary name. Source: Africa Studio/Shutterstock Upon further examination, XSPA stock looks significantly less appealing. As is
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Biotech companies involved in finding a vaccine or therapeutic for Covid-19 have been among the most popular, and volatile, stocks of 2020. Novavax (NASDAQ:NVAX) is no exception. NVAX stock is up near-2,000% in 2020. But that’s down nearly half from where it has been. Source: Ascannio/Shutterstock.com Novavax is one of the companies receiving funds from
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The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images Check out the companies making headlines in midday trading.  Uber, Lyft — Shares of the ridehailing companies jumped 13.3% and 12.8%, respectively, after early voting projections suggest that Californians
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2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast for 2012.
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After Apple (NASDAQ:AAPL) received a boost from the work-at-home trend in its quarter that ended in June, AAPL stock appears to have reverted to form last quarter, with one exception. Source: dennizn / Shutterstock.com The company’s China business, in-line with my previous warnings, sharply contracted, indicating that the hardware giant could have a big, ongoing
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It’s been a great year to be involved with gold. For example, the SPDR Gold Shares (NYSEARCA:GLD), is higher by 24.5%. However, it’s an even better time to embrace gold stocks. The VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) proves as much with year-to-date gain of almost 32%. Those data points underscore the double-edged sword that
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Roku (NASDAQ:ROKU) stock surged to all-time highs after the streaming device maker reported quarterly figures that absolutely crushed revenue and profit expectations. Source: Fozan Ns / Shutterstock.com Specifically, Roku topped revenue estimates by over 20% — growing revenues by a record-high 73% year-over-year — while reporting a sizable profit in the quarter (Wall Street was
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Guggenheim Partner’s Scott Minerd told CNBC that Wednesday’s rally on Wall Street makes sense, despite the uncertain outcome in the presidential race between President Donald Trump and Democrat Joe Biden. “I was always of the opinion, regardless of the outcome, short of getting anarchy in the street, that this would be good for stocks,” the
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