A new way to invest in the online payments business is emerging with Foley Trasimene Acquisition II (NYSE:BFT) and shares of BFT stock. Source: Shutterstock The focus, for now, is on Foley Trasimene Acquisition’s latest chapter. But the excitement is coming from the company’s soon-to-be-partner, Paysafe, and its major role in digital financial transactions from
Stocks to buy
Shares of U.S. cannabis supplies retailer GrowGeneration (NASDAQ:GRWG) soared today after the company reported much better-than-expected preliminary fourth quarter numbers and significantly hiked its 2021 revenue guide. GRWG stock popped more than 15% on the news. Source: Shutterstock Some investors may be surprised by this big move in GRWG stock. Longtime readers of mine, though,
Electric vehicle stocks like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) have been among the hottest stocks in the market. But General Motors (NYSE:GM) stock is the best way to invest in EV technology at an attractive valuation. Source: Katherine Welles / Shutterstock.com Tesla and Nio are hoping to grow into what GM is today maybe 10
Psychedelic stocks could have another “far out” year ahead. For one, the U.S. FDA supports its use, calling drugs, like psilocybin a “breakthrough therapy” in the treatment of severe depression. In fact, according to New York University, psilocybin helped produce substantial, and sustained improvements in anxiety and depression. Two, cities such as Oakland and Santa
As Covid-19 cases spike across the nation, American Airlines (NASDAQ:AAL) stock is in for a bumpy ride in 2021. However, investors have good reason to remain confident in the company’s imminent comeback once we put the pandemic behind us. Source: GagliardiPhotography / Shutterstock.com The airline, like many of its peers, sustained some massive losses as
The more things change, the more they stay the same. That could be the mantra for investors in the early days of 2021. Long-term investments may look a little shaky. Which could make now an ideal time to look for short-term stocks to buy. As I write this, the market is in a sell-off that
Remember 3D printing stocks? Back in 2013, they were all the rage on Wall Street … for a few months. But the “factory in every home” dream was short-circuited by the reality that 3D printing is a complex, costly, laborious and time-consuming process. Most consumers and businesses felt the limitations of 3D printing were too
What a wild week… The most attention-grabbing thing that happened? The storming of the U.S. Capitol when Congress was in session and in the process of confirming Joe Biden as the next President of the United States. Talk about wild! But – while that event may have dominated the news headlines, and rightly so –
Despite a global pandemic, many marijuana stocks saw a strong rally in 2020 with demand for cannabis on the rise. Some dispensaries were even deemed an essential business during the widespread lockdowns. As the strong momentum of the cannabis sector carries into the new year, investors are hoping for some big gains. The growth of
Before we discuss the opportunity in Palantir (NYSE:PLTR) stock, we should spend a few minutes describing the landscape. The macroeconomic conditions are pretty bad, yet somehow the equity indices won’t stop making highs. The small caps exploded up 4% earlier this week in spite of a lot of negative headline littering the news feeds. That said,
I’ve been pounding on the table about cannabis stocks and the potential “Blue Wave” catalyst since August. Now, that Blue Wave catalyst — wherein Democrats control the White House, the House of Representatives and the Senate — is turning into a reality as it increasingly appears that both Democratic candidates will win their Georgia Senate
Before I get into the details of the opportunity in Lemonade (NYSE:LMND), I want to talk about the entire market. LMND stock has a bright future, but there’s a lot of extrinsic risk because, astonishingly, Wall Street is thriving while Main Street is struggling. Source: Stephanie L Sanchez / Shutterstock.com Mom-and-pop businesses are dying while larger
Back on Nov. 23, I laid out the fundamental bull case for Chinese electric vehicle manufacturer Xpeng (NYSE:XPEV) stock. Source: Andy Feng / Shutterstock.com First, the company is plying its trade in an incredibly relevant sector. Second, it’s delivering the goods, both in terms of attractive EVs and strong financials. And we can’t forget that
Many market participants often flock to the latest 13F filing for the wealthy and well-known investors as they become available each quarter. Investors are often anxious to see what the likes of Warren Buffet and others are buying and selling. While most of us will never know the kinds of wealth that these individuals have,
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) still looks attractive despite its good run during 2020. Google stock rose 31% during 2020, although most of that gain was in Q4 when it rose 19.6%. But that is good since it shows that the market believes the tide is turning in Google’s fundamental business. Source: turtix / Shutterstock.com And don’t be
As longtime readers know, I’m exceptionally bullish on electric vehicle stocks. But not all EV stocks are created equal. And one EV company that stands out from the rest in the best way possible is Canoo (NASDAQ:GOEV), which went public through a merger with Hennessey Capital Acquisition Corp. IV (NASDAQ:HCAC). Source: nrqemi / Shutterstock.com Here’s
Paypal (NASDAQ:PYPL) stock suffered a minor blip, losing 5.1% in five trading days in an otherwise stellar year. Source: JHVEPhoto / Shutterstock.com The trivial loss in per-share value is attributable to the company’s purchase of BitGo, one of the country’s oldest cryptocurrency firms, falling through. In October, it was first reported that the digital payments
Editor’s note: This column is part of our Best Stocks for 2020 contest. John Jagerson and Wade Hansen’s pick for the contest is Disney (NYSE:DIS). “Please keep your arms and hands inside the ride at all times…2020 is going to be a tumultuous year.” Source: by InvestorPlace That is how we started our write up
Everyone loves a good bargain, right? Well, when the market endured that painful selloff in March, it drove down stock valuations. At the time, though, volatility was so high and there were so many unknowns that it was hard to pile into names. So, are there still cheap stocks to buy now? The short answer?
XPeng (NYSE:XPEV), the Chinese electric vehicle (EV) maker is up 100% in the last two months but it’s down 29% in the last month. That is due to the fact that XPEV stock peaked recently on Nov. 23 at $72.17. However, I believe XPEV stock is worth at least 100% more at $82 per share.