For some folks on Wall Street Pfizer (NYSE:PFE) may seem like the Rodney Dangerfield of stocks in today’s market. But on multiple fronts, it’s PFE stock investors who should have the last laugh. Let’s look at what’s happening off and on the price chart, then offer a risk-adjusted position in alignment with a better tomorrow
When Wish parent ContextLogic (NASDAQ:WISH) stock had its IPO on Dec. 16, many expected shares to pop. Investors have been so starved for pandemic-proof investments that even weaker tech firms have managed 80% first-day gains. Imagine their surprise when Wish instead sagged 10% on opening day. Source: sdx15 / Shutterstock.com To me, that makes Wish’s
Tesla’s stock is stupidly expensive. It may go higher and shareholders may be rewarded, or it may languish or fall. There is no law prohibiting stupidly expensive from becoming moronically expensive. Moreover, speculative companies that actually achieve explosive sales and profit growth for a number of years can actually make outlandish valuations seem justified for
A contract for difference (CFD) is a contract between a buyer and a seller that stipulates that the buyer must pay the seller the difference between the current value of an asset and its value at contract time. CFDs allow traders and investors an opportunity to profit from price movement without owning the underlying assets. The value of
I can see why investors might be attracted to Sundial Growers (NASDAQ:SNDL). Sundial Growers stock has a cheap share price: less than 50 cents as I write this. That alone can seem alluring. Source: Shutterstock Meanwhile, cannabis plays have rallied nicely since November — for good reason. State-level election results look bullish for the industry.
There are two main parts behind being a great trader. The first one is you have to master the inner game and the other one is master the outer game. When you master both these pieces and they come together you actually have that success. Until you master that inner a game and the outer
The gradual rollout of the coronavirus vaccine is one of the events investors are looking forward to the most in 2021. But even with the eventual end of the pandemic on the horizon, the U.S. economy is by no means out of the woods. And with stock market valuations at record highs not seen in
I know we haven’t flipped the calendar to 2021 yet, but I have a pretty good idea what the big story next year will be. Source: Shutterstock You probably do, too, if you think about it. The devastating pandemic has to be the story of 2020. And from it comes what has a good chance
In June 2016, British citizens voted in a referendum to leave the EU; this separation of the U.K. from the EU is called “Brexit.” On January 31, 2020, the U.K. officially left the EU but agreed to continue participating in the EU common market during a transition period, which lasts through December 31, 2020. The
Zoom Video Communications (NASDAQ:ZM) has enjoyed its best year so far, directly benefitting from the novel-coronavirus shutdowns. This year, with record revenues and profits, the company has been one of the major corporate success stories. However, as we get closer to the post-pandemic world, the excitement around Zoom stock seems to be wearing off. Source:
Lidar stands for “light radar.” It emits lasers and measure distance by determining how quickly the lasers come back to their origin after hitting objects. According to Wired, “Because lidar sees in much greater detail than radar, it could make … cars capable enough to drive without that constant supervision.” That probably explains why lidar is
Without a doubt, 2020 could easily be called the “year of electric vehicles.” Yet not all companies in this space have been treated equally. Hyliion (NYSE:HYLN), which is seeking to commercialize long-haul electric trucks, seems to get left out of the conversation as HYLN stock can’t get steady respect from traders. Source: Shutterstock As you may
On December 24, 2020, the U.K. and the EU struck a provisional free-trade agreement that ensures the two sides can trade goods without tariffs or quotas. However, key details of the future relationship remain uncertain, such as trade in services. The deal still needs to be approved by the U.K. and EU parliaments, but the
Just weeks after Luminar Technologies (NASDAQ:LAZR) closed its merger with a SPAC (special purpose acquisition company) called Gores Metropoulos, there is every reason to believe the shares will do well. However, LAZR stock is simply valued too high right now for most investors. Source: Shutterstock Luminar is an automotive lidar technology maker for autonomous driving
We are finally at the tail end of a horrific year on Main Street. It has been the exact opposite on Wall Street because stocks are still setting new records despite all of this year’s madness. There have been tremendous winners and among them is Square (NYSE:SQ) stock, which we will discuss today. Source: IgorGolovniov
I’ve been skeptical toward Landcadia Holdings II (NASDAQ:LCA) stock for some time now. Of late, the market has disagreed. Indeed, LCA stock has posted a nice rally since late October. It’s nearly doubled over that stretch, from under $12 to a current price over $23. Source: Stokkete/ShutterStock.com From a distance, there’s some logic to the
Microsoft Corporation (MSFT) has joined a group of leading technology companies that have filed an amicus brief with the United States Ninth Circuit Court of Appeals in support of a lawsuit by Facebook, Inc. (FB) subsidiary WhatsApp Inc. against spyware vendor NSO Group Technologies Limited. Facebook-owned messaging service WhatsApp sued NSO Group in 2019, alleging
Sales of cannabis have increased this year in light of the coronavirus pandemic but Sundial Growers (NASDAQ:SNDL) continues to face numerous challenges. Sundial Growers stock had a series of problems this year, the most recent one being a possible reverse split. Source: Shutterstock While stock splits are usually great for a company’s bottom line, a
Digital payments processor PayPal (NASDAQ:PYPL) is a well-known name among merchants and customers alike. It’s also quite familiar to market traders as PayPal stock has rocketed higher in 2020. Value-focused investors might balk at the idea of buying PayPal stock after its incredible run-up. However, the company’s strategic moves indicate that there could be more gains
Of the five so-called “Cloud Czars,” or tech companies that own their own cloud computing centers, the quietest is Microsoft (NASDAQ:MSFT) and Microsoft stock. Source: The Art of Pics / Shutterstock.com Small wonder that they’re the one big tech company Citicorp thinks can outperform next year. This is one of its analysts’ best ideas for 2021.