It’s not hard to understand why shares of DiamondPeak Holdings (NASDAQ:DPHC) are soaring. Much like marijuana stocks in 2018 and dot-com stocks back in 2000, this is the year for electric vehicle (EV) stocks. And DiamondPeak stock is the latest to see its stock go into orbit. Source: Shutterstock My InvestorPlace colleagues have covered DiamondPeak
Stocks to sell
United Airlines (NASDAQ:UAL) may not seem to be in the dire circumstances it faced four months ago. At least that is what its stock price says. UAL dropped below $20 in mid-May, and has since been on a slow path toward recovery. At this point UAL stock has eked out a 93% improvement since those
There hasn’t been much to get investors excited about Intel (NASDAQ:INTC) recently. Semiconductor stocks have been one of the hottest sectors to buy. But while Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) have grabbed the headlines, Intel stock has been lagging behind. Source: JHVEPhoto / Shutterstock.com Intel is already facing a loss of revenue as
AMD’s (NASDAQ:AMD) surge from mediocrity to rising star has been mainly based on two developments. Specifically, its computer processing units (CPUs) have become smaller and faster than those of its main competitor in the PC/laptop market, Intel (NASDAQ:INTC), and it makes outstanding graphics processing units (GPUs) for video games. Unfortunately for AMD and the owners
Workhorse (NASDAQ:WKHS) appears to have multiple red flags. As a result, I continue to recommend that long-term investors avoid WKHS stock. Source: rblfmr / Shutterstock.com Despite all the hype surrounding Workhorse, the company has not made any impressive deals recently. Meanwhile, the bulls’ great hope for the company – a contract with the U.S. Postal
With Nike (NYSE:NKE) facing supply and demand challenges and its shares’ valuation quite high, I would recommend avoiding Nike stock at this point. Source: TY Lim / Shutterstock.com On the supply front, near-term inventory shortages, along with risks to the company’s supply chain in China, make me cautious on the name. Meanwhile, macroeconomic challenges could
Genius Brands (NASDAQ:GNUS) stock is trading just above $1 per share after skyrocketing from late May to early June. Shares of the entertainment company reached as high as $8 before flatlining, and it doesn’t look like the free fall will stop anytime soon. Source: Syda Productions/ShutterStock.com Credit should be given where it’s due. CEO Andy
DraftKings (NASDAQ:DKNG) has been on fire over the past month, with DraftKings stock rising more than 50% during that stretch thanks to a wave of favorable business developments, the most noteworthy of which is an exclusive Daily Fantasy Sports partnership with ESPN. Source: Lori Butcher / Shutterstock.com Before this huge breakout in DraftKings stock, I
The race for a vaccine for the novel coronavirus has been a hot topic among investors for good reason. Investors who pick winners early will likely become millionaires overnight. That’s the only reason Novavax (NASDAQ: NVAX) is on traders’ radar right now. Over the past year, NVAX stock has hit $189 per share, but it’s
Investors in FuelCell Energy (NASDAQ:FCEL) have waited over a decade for good news. All they got in Q2 was another $15 million loss to add to their $1.1 billion accumulated deficit. Shares dropped -18%. Source: Kaca Skokanova/Shutterstock Please. I’m asking. It’s time to stop throwing good money at bad stocks. FuelCell may have been a
It’s been almost three months since Landcadia Holdings II (NASDAQ:LCA) announced it was combining with the Golden Nugget’s online gaming business. LCA stock is up 80% since the announcement. Source: Shutterstock If you’re thinking about backing billionaire Tillman Fertitta’s latest SPAC adventure, you might want to think twice. Here’s why. I’m a Big Fan of
Writing about downside scenarios is not popular, but it is important to consider especially when stocks are near all-time highs. The idea of shorting stocks is combative by nature, and this is especially true for our stocks in this article. They are part of the beloved herd of equities that have led the market up
On its face, the story of Genius Brands (NASDAQ:GNUS) stock admittedly looks intriguing. Genius Brands has some interesting intellectual property. Its executives have substantial industry experience. And GNUS stock suddenly is an awful lot cheaper. Source: Syda Productions/ShutterStock.com Indeed, GNUS has plunged from brief highs above $10 in early June to barely $1 as of
Editor’s note: This story has been updated from its original version to provide new analysis and expand on the context of the “NIO House.” Nio (NYSE:NIO) stock enchanted U.S. investors this year. As investors have scrambled to find “the next Tesla (NASDAQ:TSLA),” shares in Nio have skyrocketed 415%. But there’s one problem: Source: Sundry Photography
Jumia Technologies (NYSE:JMIA) is another failing e-commerce company that is losing money head over feet and which most investors should avoid. If you don’t care about making money for a good while, then you might have the stomach for JMIA stock. Source: Christopher Penler / Shutterstock.com You might think that is a little harsh, but
To paraphrase legendary investor Warren Buffett, price is what you pay, but value is what you get. Consider intimate apparel maker Naked Brand (NASDAQ:NAKD) a crystal clear example of this principle. Just because NAKD stock is cheap, doesn’t mean that shares are a good value buy. Source: Shutterstock In fact, I hate to say it,
Shares of FuelCell (NASDAQ:FCEL) are dropping after a poor earnings report. The company reported $18.7 million in revenue for the quarter. This was a stark 18% decline from the previous year. However, it also represented a drop from the prior quarter. But that alone was not the reason that FCEL stock is declining. Source: Kaca
If you thought China was a tea-drinking nation and not at all into coffee, you’d be right – supposing your notions were from a generation ago. Thus insofar as investment, the opportunity presented by Luckin Coffee (OTCMKTS:LKNCY) was tempting. Until recently. Now it’s turned into one bitter brew and the question is whether Luckin Stock
It has been a decade — since November 2010, to be precise — since Sorrento Therapeutics (NASDAQ:SRNE) has seen its stock hold onto a big gain. From then to now, SRNE stock is off by 15%; it currently trades at $6.32 per share. If you’re hitting yourself for sticking around that long in search of
I’m a long-term bull on cannabis stocks. But that doesn’t mean I’m a long-term bull on every cannabis stock. Tilray (NASDAQ:TLRY) stock shows why. Source: Jarretera / Shutterstock.com After all, the potential of the cannabis market remains enormous. Admittedly, early returns have been disappointing. Canadian producers like Tilray built up too much capacity. International markets