Hertz (NYSE:HTZ) is one of many companies that have seen their business torpedoed by the novel coronavirus pandemic. HTZ stock is in worse shape than most, though. Source: aureliefrance / Shutterstock.com The company was weakened heading into the pandemic, saddled with debt and struggling against competition — including ride sharing. HTZ stock was already in serious
Stocks to sell
Some analysts are starting to make a case for Spirit Airlines (NYSE:SAVE). Though many if not most investors will need convincing, SAVE stock initially appears attractive for speculation. Source: Markus Mainka / Shutterstock.com I’m not a big fan of the airline industry under present circumstances. As you know, when the novel coronavirus pandemic first hit
Its been a solid year for Spartan Energy Acquisition Corporation (NYSE:SPAQ) so far, with SPAQ stock gaining 40% this year. Source: Shutterstock More importantly, Spartan will merge with Fisker Inc., a new entrant in the electric-vehicle sector, later this year. Fisker looks ready to take the EV market by storm with the robustness of its
After the recent pullback, is it time to dive into Workhorse (NASDAQ:WKHS) or is it an investment you should avoid? With two potentially game-changing catalysts around its belt, investors had plenty of reason to be excited about this stock. But, with these catalysts already priced into shares, this electric vehicle (EV) play may be “too
DiamondPeak (NASDAQ:DPHC) is a SPAC that’s due to merge with electric-vehicle maker Lordstown Motors by the end of the year, but that doesn’t mean DiamondPeak stock is destined for greatness. Source: Shutterstock After the merger, Lordstown will take over the shares which will then trade under the symbol “RIDE.” While Lordstown is building an intriguing
If Thomas Edison were still alive and still inventing breakthroughs like the phonograph, electric light, and an app-activated mouth plug to shut up airplane talkers, then it’s likely — more than likely — that he would hang his head in sorrow to see what’s become of his beloved company that he co-founded in 1892, General
Earlier this year, Hertz Global (NYSE:HTZ) was one of the names that rose to infamy/notoriety as the Robinhood crowd became enamored by tumbling, low-priced stocks in the hopes of catching rallies, however brief. Source: Eric Glenn/Shutterstock.com Indeed, there were some occasions when this risky strategy paid off. There was stretch in March when HTZ stock
Artificial intelligence is set to be a massive trend in the coming decades. As such, investors are looking to find companies that can profit from the trend. But for several reasons, finding quality AI stocks is harder than it might seem. First, some of the leaders in artificial intelligence are massive businesses, which means AI
For investors, there’s playing the lottery. And then there’s Sorrento Therapeutics (NASDAQ:SRNE). The unassuming biotech firm initially made headlines in May when it suggested it had a “cure” for coronavirus. SRNE stock initially spiked 140% before investors saw through the misstatement. Source: Shutterstock The company then saw its second wave of interest in August after
Is now the time to buy General Electric (NYSE:GE) stock as shares tread water? Not so fast! Shares are down big due to its novel coronavirus headwinds. But, as the pandemic affects its turnaround plan, it’s hard to see a rebound in the cards anytime soon. Source: JPstock/Shutterstock.com How so? Even before the outbreak, the
If you think Coca-Cola (NYSE:KO) stock is worth buying because of its iconic brand name, may you should look carefully at the stock performance. If you study the basic numbers, Coca-Cola stock is really nothing to write home about. Source: MAHATHIR MOHD YASIN / Shutterstock.com The bottom line is that people simply are not drinking
Fitbit (NYSE:FIT) stock is up 89% over the last 12 months (LTM) but up only 5.3% year-to-date. That is an indication that investors are growing tired of the company’s losses and zero profit outlook. Most investors will not put all their fitness technology eggs in this basket. Source: Eric Broder Van Dyke / Shutterstock.com One
The White House shocked the world last week. President Donald Trump and First Lady Melania Trump had contracted the novel coronavirus. On Friday, journalists found out that other Washington insiders, including senators and presidential aides, had also tested positive. This, not surprisingly, has thrust Covid-19 back into the spotlight. While case counts have been falling
2020 has not been a good year to have oil and gas stocks in your portfolio. The one-two punch of the novel coronavirus pandemic and a spring oil price war has littered the industry with bankruptcies. Marathon Oil (NYSE:MRO) isn’t at that stage yet — and its situation is slightly less dire than it was
Many “story stocks” have won big in the months following March’s novel coronavirus crash. But few have performed as well as hydrogen stocks. With many major names in the space generating triple-digit gains, those who dived into this megatrend have realized big profits, or are sitting on massive gains. Yet, while this sector has been
On its face, Intel (NASDAQ:INTC) stock looks like a steal. After all, Intel is one of tech’s greatest and oldest companies. Yet Intel stock trades at some of the lowest multiples in the market. Source: Sundry Photography / Shutterstock.com Indeed, Intel is valued at just 10.8x the consensus earnings-per-share estimate for 2021. Many other chip
Even as interest among speculators has cooled, many are still betting on Hertz Global (NYSE:HTZ). In typical times, HTZ stock would be trading for pennies following its Chapter 11 bankruptcy. But if there’s one phrase to describe 2020, it isn’t “typical times.” With the novel coronavirus pandemic indirectly fueling a rapid rise in day trading,
Of the four largest Cloud Czars, Alphabet (NASDAQ:GOOGL) stock is the cheapest. Source: rvlsoft / Shutterstock.com The artists formally known as Google entered trade Oct. 1 at $1,484 per share, a market cap touching $1 trillion, a price-earnings multiple of 32. Apple (NASDAQ:AAPL) is at 35, Microsoft (NASDAQ:MSFT) at 36, and Amazon.com (NASDAQ:AMZN) at an
Disney (NYSE:DIS) has not a good year so far. In 2020 DIS stock is down 13%. The media giant has recently announced it is laying off 28,000 U.S.-based employees in its theme-park division. Source: nikkimeel / Shutterstock.com These theme parks are in California and Florida, two states where the pandemic has significantly disrupted lives. According to
What with all the trials under way to produce a vaccine for the novel coronavirus these days, trials of another kind have popped up, enough to make investors ill. Shares in Inovio Pharmaceuticals (NASDAQ:INO) cratered by a third in just 48 hours, beginning on Monday Sept. 28, after news that the FDA halted a planned