Over the past month, we have seen unprecedented political events, such as the permanent ban of former President Donald Trump from both Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR). That’s called into question the role of social media in modern democracy. But the markets do not exist in a vacuum. So, these developments should also have investors
The change of year and Administration hasn’t popped the electric vehicle bubble. Nio (NYSE:NIO) stock’s 21% gain since the start of 2021 is proof. Source: Andy Feng / Shutterstock.com The Chinese government-backed alternative to Tesla (NASDAQ:TSLA) sports a market capitalization of about $90 billion on estimated revenue of under $2.5 billion. With the near 22% year-to-date
In recent months, the surging interest in clean energy, electric vehicle, and battery electric stocks sent FuelCell Energy (NASDAQ:FCEL) to highs not seen since 2018. With no value or profitability, markets are turning a blind eye on fundamentals. FCEL stock is a perfect example. Source: Kaca Skokanova/Shutterstock FCEL stock has only positive momentum and decent
Advanced Micro Devices (NASDAQ:AMD) is simply too highly-priced for most value investors. This is despite the buy recommendations on AMD stock that most analysts presently hold. Source: Casimiro PT / Shutterstock.com The bottom line is that at $89.45 per share as of Jan. 19, AMD traded for 49 times 2021 earnings and over 8.7 times sales. That
QuantumScape (NYSE:QS) stock doesn’t rise and fall. It gyrates as if it were dancing in a darkly lit nightclub after having a few too many cocktails. Source: Tada Images / Shutterstock.com While the world suffered through 2020, QuantumScape stock went on a tear in the fourth quarter, gaining more than 600%. Then QuantumScape gave back
Recently, two prominent Wall Street firms soured on Palantir Technologies (NYSE:PLTR). What’s more, there is an additional red flag that’s come up in my analysis aof the company. As such, I continue to recommend that longer-term investors sell their shares of PLTR stock. Source: rblfmr / Shutterstock.com Over the last month, Citi and Credit Suisse
Zomedica Pharmaceuticals (NYSEMKT:ZOM) stock is the latest pump-and-dump looking to take investors for a ride. Don’t let its 342% rally since Jan. 4 cloud your judgment. Those who got in early and bought back when ZOM stock was changing hands at 23 cents per share are sitting pretty. But those who got in at $1
Over the long-term, being bullish is the way to go. However, that doesn’t mean investors should buy anything and everything at any price. DoorDash (NYSE:DASH) is a great example of that concept. While DoorDash stock isn’t the worst in the world, investors can do much better. Source: Sundry Photography / Shutterstock.com The business is benefiting
Palantir Technologies (NASDAQ:PLTR) stock is quirky. So is the Denver-based software company. Source: Sundry Photography / Shutterstock.com Investors who march to the beat of their drummer, the type of people who create their fashion trends much to the horror of their friends and family, might be tempted to buy PLTR stock to prove the naysayers wrong.
FuboTV’s (NYSE:FUBO) value for most consumers is questionable, making the longer-term outlook of FUBO stock appear to be negative. Source: Lori Butcher/ShutterStock.com fuboTV has two main problems. First, it does not appear to be meaningfully cheaper than traditional paid TV options, including cable satellite, and Fios from Verizon (NYSE:VZ) or Frontier (OTC:FTRCQ). Secondly, Fubo’s biggest
With the outlook of QuantumScape’s (NYSE:QS) batteries becoming more uncertain and risky, I recommend that investors sell QS stock. At their current levels, the shares have a negative risk-reward ratio. Source: Shutterstock The company is developing solid-state batteries for use in electric vehicles. Currently, most EVs use lithium-ion batteries. In the last few weeks, an
ContextLogic(NASDAQ:WISH), which owns and operates the Wish discount e-commerce site has multiple problems that make WISH stock a sell for now. However, I think the company and its niche are somewhat promising, so the shares could be worth buying at some point in the future. Source: sdx15 / Shutterstock.com In addition to slowing growth, eroding profitability, and
What lies ahead for Carnival (NYSE:CCL) stock? The cruise-line operator remains in limbo, as the Covid-19 pandemic continues. On Jan. 6, the company announced that it was extending the moratorium on cruise ships sailing from the U.S. until March 31. Source: Ruth Peterkin / Shutterstock.com Back in November, Carnival’s shares rallied on game-changing vaccine news.
In past columns about Palantir stock, I’ve noted in general terms that Palantir Technologies (NYSE:PLTR) actually has many competitors. More specifically, I’ve noted that there are multiple government-focused systems integrators, which, like the Denver-based firm, help government agencies develop conclusions from data. And I’ve also pointed out that multiple tech companies also provide data-analysis tools.
I’ll admit it: I’ve been wrong about Xpeng (NYSE:XPEV) so far. After last year’s initial public offering, I remained a skeptic. Yet XPEV stock has soared. Source: Johnnie Rik / Shutterstock.com Indeed, XPEV stock now has rallied over 350% from its initial public offering price of $15 per ADR (American Depositary Receipt). It’s more than
Last year’s rumors that Alibaba (NYSE:BABA) wouldn’t be hurt too much after a controversy between Jack Ma and the Chinese government may have been too optimistic. With speculation over founder Jack Ma’s whereabouts and rumors of a Chinese nationalization, BABA stock investors have been nervously riding things out for the past month. Source: zhu difeng
I get why investors have aggressively bid up “clean energy” stocks like FuelCell Energy (NASDAQ:FCEL). With the incoming President much more favorable to “green” policies than his predecessor, we could see this growing sector and FCEL stock benefit from federal support as well as policy changes. Plus, the business community is continuing to pivot towards
Last month’s malfunction of a Virgin Galactic (NYSE:SPCE) space vehicle made me meaningfully more bearish on SPCE stock. Given the high risks facing the company and the shares’ elevated valuation, I continue to recommend that investors sell the shares. Source: Tun Pichitanon / Shutterstock.com In a column last March, I warned that “it’s impossible to
Ideanomics (NASDAQ:IDEX) stock seems like a potentially huge winner. After all, Ideanomics has positioned itself to grow in both the blockchain and electric vehicle industries. Source: Wright Studio / Shutterstock.com I’m as big a bull on those two sectors as anyone. And so you might expect I’d be a bull on IDEX stock as well.
New year, same old overpriced electric vehicle (EV) stocks. After a mammoth 2020, investors were hoping for some relief. Unfortunately, that doesn’t seem likely. Meanwhile Nio (NYSE:NIO) has seen its stock maintain the positive momentum as well, climbing 30.6% in one month. Source: Carrie Fereday / Shutterstock.com That momentum is puzzling since several negative news