Plug Power (NASDAQ:PLUG) may be one of the most popular alternative energy plays out there. Shares in the hydrogen fuel cell (HFC) company have “crushed it” in the past year. Yet, there are many more emerging leaders in the “green wave” space that make for stronger investing opportunities than PLUG stock. Source: Alexander Kirch /
Stocks to sell
Pot stocks, one of the hot trends of 2018, are back in fashion. So are stocks with low market capitalizations. So are stocks with high short interest. Sundial Growers (NASDAQ:SNDL) is all three of these things, and thus became a Reddit play. That is, small traders at the sub-Reddit r/WallStreetBets banded together and bought SNDL
Naked Brands (NASDAQ:NAKD) stock has roared back to life. NAKD stock was trading for less than 10 cents per share last fall. Source: Shutterstock Over the past few months, however, the stock gradually moved up to the 50 cent range. Then, two weeks ago, Naked Brands’ stock launched from 50 cents up to as high
If you’ve followed my work over the years, you know that the one thing I consistently advise — beyond advantaging the “Roaring 2020s” — is to get into a habit of taking profits. If you don’t, you’re not in control of your investments. So, where should you start taking back the reins? FuelCell Energy (NASDAQ:FCEL).
Boeing (NYSE:BA) is a company that some may consider too big to fail — too important to the U.S. economy and global aviation. Even former President Donald Trump said “We can’t let anything happen to Boeing,” back in 2020. Boeing stock would always be around, even when it was hurting. Source: Marco Menezes / Shutterstock.com
IZEA Worldwide (NASDAQ:IZEA) is likely to take a hit now that a major brokerage firm has downgraded IZEA stock to “sell.” This is despite record January 2021 growth at this advertising company. Source: Shutterstock IZEA connects influencers and bloggers with brand name companies and makes money based on the total campaign dollars that the advertiser
Macy’s (NYSE:M) is trying to reinvent itself. It’s an exciting project but one that isn’t likely to make a huge difference for M stock. Source: digitalreflections / Shutterstock.com Market by Macy’s, a stripped-down version of the Macy’s shopping experience, aims to bring the troubled department store back to where the shoppers are, suburban strip malls.
Jumia (NYSE:JMIA) is an online marketplace which targets 11 African countries. It’s currently operating in Algeria, Cote d’Ivoire, Egypt, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Tunisia, and Uganda. The firm generates a majority of its revenue from western Africa. Its markets account for over 70% of Africa’s GDP and internet users and 600 million
The novel coronavirus pandemic dismantled the entire aviation ecosystem. By last April, domestic and international flights were down 70% and 80%, respectively. That had a huge impact on the fall of airline stocks. Major airline companies implemented belt-tightening measures by furloughing staff, consolidating terminals and retiring parts of their fleet. However, with the Covid-19 vaccine’s
A month ago, I had never heard about Ideanomics (NASDAQ:IDEX). Now IDEX stock up nearly 120% year-to-date and 638% over the past six months. Source: Shutterstock Obviously, the company’s one-two punch of clean energy and fintech (it helps companies finance the adoption of electric fleet vehicles) has all the markings of big-time momentum play. That
With conservatives preparing to strike back against Twitter (NYSE:TWTR) in multiple ways, the company is in a precarious position and its shares’ risk-reward ratio is negative. Therefore, I recommend that investors sell Twitter stock at this point. Source: Worawee Meepian / Shutterstock.com In previous columns, I’ve warned that Twitter and Facebook (NASDAQ:FB) were caught between
I understand bulls’ theories on Switchback Energy (NYSE:SBE) stock. But the problem is the stock’s valuation. Source: Michael Vi / Shutterstock.com Indeed, ChargePoint, with which Switchback is merging (likely next month),has huge potential. It seems likely that electric-vehicle adoption is going to accelerate (pardon the pun) in coming years. Certainly, the equity market is pricing
In recent weeks, we’ve learned about the raw power of social media to influence not only the biggest moves on Wall Street but also to turn the investing institution upside down. With the right narrative, previously out-of-favor companies, such as FuelCell Energy (NASDAQ:FCEL), can enjoy outsized gains. But how sustainable is such a dynamic for
Dozens of companies delivered multi-fold returns over the last year, creating more than a few overvalued stocks. For instance, GameStop (NYSE:GME) skyrocketed by 1,700% in late January on the power of retail investors at the Reddit group r/WallStreetBets. Despite its recent tumble, GME stock is still holding on to 200% year-to-date gains. While the broad-based
What’s the latest with Switchback Energy Acquisition (NYSE:SBE) stock? For the past few weeks, shares have traded sideways between $35 and $45 per share. SBE stock investors are still waiting for this SPAC (special purpose acquisition company) to close on its merger with ChargePoint. Source: Michael Vi / Shutterstock.com President Biden has moved ahead with
Green energy stocks have been rallying as the Joe Biden administration continues to push its eco-friendly policies forward. And leading fuel-cell solutions provider, FuelCell Energy (NASDAQ:FCEL), is among the biggest beneficiaries of that improved investor sentiment. Basically, the green-energy mania has taken FCEL stock and others parabolic. Source: Kaca Skokanova/Shutterstock In the last three months,
Shares of SunPower (NASDAQ:SPWR) are up more than 523% in the past year as of Feb. 1. Some of that SPWR stock gain has been fueled by solar energy support by the Biden Administration. Source: IgorGolovniov / Shutterstock.com Yet the company is still is in dire straits. Management announced the closing of a major plant
Last week, an indiscriminate short-squeeze lifted Nikola’s (NASDAQ:NKLA) shares, albeit temporarily. But as the anti-bears put pressure on the hedge funds, not all stocks will sustain their lift. NKLA stock topped around $30 last week and is still up 62% over a period of one month. Its short float is 36.42%, which help explains the
The problem with investing in Jaguar Health (NASDAQ:JAGX) right now is that no one outside of the company knows exactly how much cash Jaguar has. Management has not shared a balance sheet in a while. Consequently, it is impossible to tell what JAGX stock is worth. Source: Bukhta Yurii / Shutterstock.com The company raised $15
American Airlines (NASDAQ:AAL) is the latest stock to begin feeling the now infamous effect of retail investors from Reddit this month. Despite posting its largest annual loss ever for 2020, AAL stock popped on Jan. 27 and again the next day. Source: GagliardiPhotography / Shutterstock.com This was not due to the company’s performance. Instead, traders from the