Back in July 2020, I wrote that relatively unknown fast-casual chicken-wing chain Wingstop (NASDAQ:WING) was the next McDonald’s (NYSE:MCD). Since then, WING stock has largely traded sideways, despite huge gains in the broader market, because valuation friction has put a lid on shares in the near-term. Source: Shutterstock This valuation friction has now disappeared. Wingstop recently
Recently, after being asked to look at Beyond Meat (NASDAQ:BYND), I did a drive-by recommendation for Pepsico (NASDAQ:PEP). Well it turns out things are looking good for Pepsico stock. Source: suriyachan / Shutterstock.com “The stock’s not bad even without Beyond Meat,” I wrote. “With it, it’s even tastier.” Today, after delivering fat earnings and a
CEO & Co-Founder Vaynermedia Gary Vaynerchuk speaks at the Brand U Event at Nasdaq MarketSite. Roy Rochlin | Getty Images The newfound influence of Reddit users on the stock market is just a microcosm of what’s to come in the technology era, advertising guru Gary Vaynerchuk told CNBC Wednesday. “You’re seeing the maturity of the internet
Shoppers are seen wearing masks while shopping at a Walmart store in Bradford, Pennsylvania, July 20, 2020. Brendan McDermid | Reuters Interest rates are expected to continue their upward march, but for now they’re not expected to get high enough to harpoon the stock market. Treasury yields have been rising quickly in the last week,
In general, investors looking to invest in gold directly have three choices: they can purchase the physical asset, they can purchase shares of a mutual or exchange-traded fund (ETF) that replicates the price of gold, or they can trade futures and options in the commodities market. Average investors, for example, might buy gold coins, while
Gevo, Inc. (NASDAQ:GEVO) the Colorado-based renewable jet fuel producer, now has over $534 million in cash in the bank after it raised a net $321.7 million recently. This represents about 21% of its market value of $2.47 billion. But GEVO stock is likely to float down over 57% from here. Source: Oleksiy Mark / Shutterstock.com
New year, same old overpriced stocks. If you are a value investor, the current market may be a nightmare for you. However, there are some hot stocks out there that are trading at a discount. These are the names you should explore. This list is meant to give you a starting point for powering your
With the possible exception of Plug Power (NASDAQ:PLUG), FuelCell Energy (NASDAQ:FCEL) could be considered the most popular company among fuel cell stock traders. Due to its fairly low price and its heavy trading volume, FCEL stock is a prime investment candidate for folks who’d like to capitalize on the momentum of the green-energy movement. Source: Kaca
I hate Exxon Mobil (NYSE:XOM). But that doesn’t mean XOM stock is a bad play. Source: Harry Green / Shutterstock.com When it comes to the company, it’s personal. I accept the science of climate change. If I ever have grandchildren, I want them to have a livable planet. But the last time I wrote about
Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Cathie Wood said Ark Invest is still bullish on Tesla and continues to buy
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters Check out the companies making headlines in midday trading. Wells Fargo — The bank stock jumped more than 5% after Bloomberg News reported that Fed officials had signaled to Wells Fargo that they would approve its
The Committee on Financial Services of the United States House of Representatives has scheduled a hearing on “recent market volatility involving GameStop [Corporation (GME)] stock and other stocks.” The hearing will be held virtually, starting at 12 noon Eastern Time on Thursday, Feb. 18, 2021. Among those called to testify are Vladimir Tenev, CEO of
Increasingly, I’m getting the impression that we’re headed toward a significant correction in the market. It’s hard to remember a time when seemingly any and all speculative plays have risen, whether for logical reasons or not. Among them, Ideanomics (NASDAQ:IDEX) has drawn massive interest, in large part because of its phenomenal performance. On a year-to-date
The rising e-commerce platform created by Shopify, Inc. (NYSE:SHOP) has been firing on all cylinders lately, and for good reason. Source: Burdun Iliya / Shutterstock.com Online buying and selling has accelerated through the pandemic as folks are forced to handle more of their shopping and small business needs online. Shopify, in particular, has moved fast to
The plant-based prescription medicine developer Jaguar Health (NASDAQ:JAGX) is one of the more unique biopharmaceutical companies on the market today. So JAGX stock isn’t for folks who value safety above all else, because Jaguar health isn’t your typical drugmaker. Source: luchschenF / Shutterstock.com Perhaps Jaguar Health’s most notable product is Mytesi (crofelemer), which is “the only
Starship prototype SN9 launches from the company’s development facility in Boca Chica, Texas. SpaceX SpaceX completed another monster equity funding round of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation skyrocketing to about $74 billion. The company raised the new funds at $419.99 a share, those people said
Check out the companies making headlines in after-hours trading on Tuesday. Verizon – Shares of the telecommunications giant were up 2% in after-hours trading after Warren Buffett’s Berkshire Hathaway revealed a big stake in Verizon. As of Dec. 31, Berkshire Hathaway owned 146,716,496 Verizon shares worth $8.6 billion at the end of 2020. SolarEdge –
The wage gap, also known as the “gender wage gap” or “gender pay gap,” refers to the disparity between what men and women earn for doing the same work. It is sometimes used to describe pay disparities between White workers and workers of color, as well as between workers in the United States and other
Artificial intelligence (AI) sounds vague, but the reality is it is just a computer that mimics human cognition. This allows it to be used in areas like robotics, machine learning, linguistics, and even psychology and philosophy! It’s also why AI is for more than a tool for just the tech sector. Source: Phonlamai Photo /
AMC Entertainment Holdings Inc (NYSE:AMC) has been at the center of two of the biggest stock market stories in decades. The pandemic resulted in moviegoers avoiding theaters. At the same time, it disrupted the dynamics of the movie business, seeing streaming video services get early access to blockbuster films. As a result, AMC stock lost