Daily Trade

Finding new growth stocks can be a risky endeavor. This is the case with Luminar Technologies (NASDAQ:LAZR) and with LAZR stock. Source: Oskari Porkka/ShutterStock.com At first glance, LAZR stock appears to be attractive – a slam dunk, even. But first impressions can turn out to be wrong in many circumstances. And an investor’s relationship with
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For months now, I’ve been showing you a certain revenue projection in order to demonstrate just how large, important, and potentially profitable the switchover to 5G communication networks will be. Source: Shutterstock Source: Shutterstock In fact, I shared it with you just recently. Here’s how I put it: “Qualcomm Inc. (NASDAQ:QCOM) estimates that 5G networks will
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Los Angeles-based electric vehicle startup Canoo (NASDAQ:GOEV) began trading on Dec. 22 after completing its SPAC (special purpose acquisition company) merger with Hennessy Capital Acquisition IV. GOEV stock opened at $22.75. It has since lost 38% of its value. And that has a lot of investors paying attention. Source: Shutterstock Like many EV stocks, Canoo’s
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Recently 400 employees at Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) formed a union (this was through the Communications Workers of America Local 1400). For the most part, the impact on Google stock is likely to be minimal – at least in the short-run. Keep in mind that the company has more than 260,000 employees. And of course, this
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2021 is going to be a better year than 2020. That’s particularly good news for American Airlines (NASDAQ:AAL). After all, 2020 was an unsurprisingly ugly year for AAL stock. The novel coronavirus pandemic shut down the airline industry worldwide. Source: GagliardiPhotography / Shutterstock.com In the second quarter, American’s revenue declined 86% year-over-year. On an adjusted
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A popular “backdoor” method of going public, the SPAC or special purpose acquisition company featured heavily throughout 2020. And 2021 looks to continue the momentum with Tuscan Holdings Corp (NASDAQ:THCB), which aims to merge with Microvast, an advanced lithium-ion battery maker headquartered in Texas with its manufacturing center in China. Can THCB stock charm investors
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Shares of leading lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) were up almost 89% in December.  LAZR stock still has a lot of volatility in its future, though. Source: Shutterstock Luminar recently completed its merger with blank-check company Gores Metropoulos raising almost $600 million in proceeds. The deal will speed up the commercialization of Luminar’s lidar-sensor technology
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Happy New Year! Source: Shutterstock I hope everyone had a wonderful holiday season and got the chance to safely see some loved ones and relax. I know I did, and now I am ready to face 2021 head on. A new year brings new opportunities … opportunities in the stock market and in many areas
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