If you are a contrarian investor, you may believe that Roku, Inc. (NASDAQ: ROKU) has underperformed the broader market in 2021 and is now an investment opportunity. In 2021, ROKU stock is down nearly 6% compared to gains of about 18% for the S&P 500. Source: Michael Vi / Shutterstock.com Being a contrarian investor has
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Americans still want to keep up with the Joneses. That’s one major takeaway some 18 months into the pandemic, with household debt rising 2.1% in the second quarter to a record $15 trillion, booking its largest quarterly climb in almost eight years, according to the latest report from the Federal Reserve Bank of New York.
There’s no getting around it: it’s all about that $15 resistance level for folks who own Ocugen (NASDAQ:OCGN) shares. Frustratingly, OCGN stock bumped its head against that price point in February, and then again in May. Source: Shutterstock It’s a legitimate question: how are the buyers finally going to get a sustainable rally going? Without a
The other shoe has finally dropped on one lovelorn exec. The former chief financial officer of a high-end Massachusetts shoe maker has been sentenced to almost six years in prison for embezzling $30 million to help finance the career ambitions of a one-time TV newscaster he had fallen for. Richard Hajjar, 65, admitted he had
Lucid Motors (NASDAQ:LCID) enjoyed a period of time where it had robust momentum, but that period has since faded. LCID stock is down about 70% from the highs in February, when the stock topped out near $65. Source: ggTravelDiary / Shutterstock.com Now near $20, Lucid stock bulls have been served a hearty plate of
Can investing in stocks according to the U.N.’s ESG principles (environmental, social, governance) deliver value? Can such a strategy prove profitable according to investing principles promulgated by the likes of Ben Graham or Abby Joseph Cohen? The world’s largest asset managers seem to think so. A rising percentage of assets under management are allocated using this socially conscious approach and individual
The last story I wrote on Oracle (NYSE:ORCL) covered the company’s difficult, but largely successful transition to cloud computing from the traditional on-premise software business. The results have been mixed for ORCL stock so far. I last said, “So in order to adopt to the new technology standard, ORCL simply added cloud to the end
As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important it is for job candidates to have “key words” on their profiles and resumes that quickly distinguish them from the pack. That’s why he has “#vaccinated” in his LinkedIn profile. Dustin Mazanowski, 44, has #vaccinated
In the 1980s, the field of genetics surged in popularity. At the time, I’m sure there were many articles promising investors that genetics stocks were on the cusp of spectacular gains. Investors who were looking for short-term payoffs then were disappointed, but now, gene editing stocks look far more promising. Researching the genetic origin behind
Shares of Dutch Bros., a Grants Pass, Ore.-based purveyor of coffee and other hot and cold drinks, soared 60% soon after they began trading on Wednesday in their first session as a public company. The stock, which is trading on the New York Stock Exchange under the ticker “BROS,” opened 41% above the $23 IPO
The story of Hippo Holdings (NYSE:HIPO) stock had an inauspicious beginning. The homeowners insurance provider emerged from a special purpose acquisition company (SPAC) deal that soured in the eleventh hour. Now, investors are wondering if HIPO stock is worth a buy. Source: MIND AND I / Shutterstock.com InvestorPlace’s own Robert Lakin did an excellent job
Dear Quentin, My parents divorced when I was very young due to my father being a physically and emotionally abusive alcoholic and drug addict. Although my brother and I spent sporadic weekends with him when we were in elementary school, I stopped visiting him during my middle-school years, and cut off all contact when I
BlackBerry (NYSE:BB) has been one of the year’s more surprising meme stocks. Shares shot up from $7 to $30 at one point on Reddit enthusiasm and a gigantic short squeeze. BB stock quickly retreated back to $9. However, it popped once again in June, spiking to $15. Now, though, the stock has slumped once again
Apple Inc. detailed new iPhones, iPads and smartwatches Tuesday as the most valuable U.S. public company attempts to focus on the coming holiday season instead of its regulatory issues. Apple AAPL, -1.49% typically reveals its new lineup of devices every September, ahead of holiday shopping. In this year’s event at the company’s Cupertino, Calif., campus,
Let’s be honest: some traders haven’t been too impressed with Micron Technology (NASDAQ:MU) in 2021. They were probably expecting MU stock to continue climbing like it did during the first quarter of the year, but it simply didn’t work out that way. Source: Piotr Swat / Shutterstock.com A contributing factor to Micron’s challenges has been the
It was the worst kind of wrong number. A 21-year-old student at the University of California San Diego allegedly commandeered the cell phone accounts of at least 40 people to plunder their cryptocurrency wallets, prosecutors said. Richard Yuan Li, of Hercules, Calif., is accused of operating what is called a SIM-swap scam from his dorm
As nations push for sustainable automotive technologies, electric vehicle (EV) start-up Fisker (NYSE:FSR) seems like a sure bet for powerful profits. Yet, FSR stock has fallen sharply from its peak price. Source: T. Schneider / Shutterstock.com I’m not going to mince words here. Fisker isn’t a profitable business venture. Therefore, it requires a measure of faith
Gold futures ended higher on Monday, but failed to reclaim the $1,800-an-ounce threshold as the U.S. dollar kicked off the week with a firm tone. Strength in the dollar is likely the main reason gold fell to touch the support zone of $1,790 an ounce, said Carlo Alberto de Case, market analyst at Kinesis. On
Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June
TransUnion is nearing a deal to buy information-services company Neustar Inc. for $3.1 billion, according to people familiar with the matter, a move that could help the consumer-credit reporting giant diversify beyond its core business and put data to new uses. The purchase of closely held Neustar could be finalized by Monday, the people said, assuming