Generally, penny stocks have a poor reputation. It’s true that some penny stocks go on to make huge gains. However, the majority of firms with a rock bottom stock price got there because their business model failed to work out as expected or the company made major strategic blunders. That’s particularly true for these seven
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Lucid (NASDAQ:LCID) is an electric vehicle (EV) company that aims to produce luxury cars with cutting-edge technology and design. Many investors enthusiastic to find the next Tesla (NASDAQ:TSLA), have hyped Lucid as a potential rival. But, so far, the new EV maker has failed to deliver on its promises. Not to mention, the EV market
Solar stocks are the right choice if you want to invest in the energy sector. As technology evolves, people are shifting to solar energy as the primary source of electricity, which results in high demand for solar companies. In 2023, the solar industry gained momentum after facing a bad period, installing nearly 12 gigawatts in
In an August 2023 column, I wrote “With the chances of marijuana companies accessing the U.S. financial system higher than ever and cannabis stocks trading at lower valuations than ever before, now looks like an excellent time to seek out top-notch cannabis stocks to buy.” I also identified three cannabis companies with very attractive valuations and strong outlooks. However, despite the
ADRs of China’s PDD Holdings soared as the operator of the Temu shopping app posted a big jump in revenue.
Rates on 30-year mortgages rose a few points Monday, but the average still sits in its lowest range of the last two months. Rates on most other loan types climbed modestly.
Accrual and cash basis methods recognize revenue and expenses at different times. Here are the advantages and disadvantages of each method.
Shares of Micron Technology fell Tuesday despite improved current-quarter revenue and earnings guidance from the chipmaker that has struggled from a slowdown in chip demand in recent quarters.
A fascinating new chapter in Argentine politics is set to unfold as “far-right libertarian” Javier Milei surprisingly won the presidential election on promises of radical free-market reforms. Milei, an economist, has vowed to implement a number of measures including the dollarization of the Argentine economy, massively downsizing the government, and enacting sweeping capitalist changes. Naturally,
Bank stocks continue to lag the overall market and are not sharing in the current rally. Year-to-date (YTD), the S&P Bank index is down 13% compared to a 19% gain in the benchmark S&P 500 index. Through 12 months, the Bank index is down 20%. Looking out five years, U.S. bank stocks as a group
Since the end of 2022, energy prices, especially natural gas futures, have significantly declined. Natural Gas (Dec’ 23) has fallen by 43%, and WTI Crude (Jan’ 24) has seen a drop of 1% within the same period. With the energy market not very profitable in 2023. Investors are hesitant to invest in these companies and are beginning to look
Of course, the primary goal of betting in the equities sector is to make money, not to create a list of stocks to sell for tax losses. Nevertheless, stuff happens – it happens a lot. No matter who you are or how many credentials you leverage, you’re bound to get hit by the red ink.
It’s been a year since Robert Iger returned as the CEO of the Walt Disney Company (NYSE:DIS). And in that time, the lights of the Magic Kingdom dimmed considerably. In the 12 months since Iger’s return to the helm of the Mouse House, DIS stock is flat (up a slight 0.39%). However, the share price of the world’s most extensive
Investing in biotech stocks is not for risk-averse investors. However, if you’re an investor who is serious about generating outsized gains, it’s a sector that you can’t overlook. Many companies are developing and manufacturing drugs and therapeutics that treat a range of conditions, some of which have no currently known cures. These companies are developing
It’s been an unpleasant year for EV charging stocks, which is an understatement. Some of the best EV charging stocks have plunged for a year to date. The reasons include intense competition, cash burn, and the likelihood of equity dilution. However, it seems that stocks have discounted the concerns. The next year can potentially be
There have been many lifestyle changes in the post-covid world. An important part is a focus on physical and mental health. Eating the right food is an important part of physical health, and with health issues like obesity and diabetes, among others, there is an increasing demand for organic food. From an investment perspective, it’s
Cybersecurity stocks emerge as incredible long-term investments in an age dominated by digital threats. Despite numerous cyberattacks over the years, many top-tier companies and government entities remain startlingly unprepared. This gap between current defenses and emerging threats carves out a substantial opportunity for growth in cybersecurity stocks. Moreover, the cybersecurity market is on an upward
Hydrogen energy is emerging as a critical component in the transition to a low-carbon economy. These companies are making significant strides in hydrogen technology that could send hydrogen stocks skyrocketing. These hydrogen stocks’ low-valuation ratios indicate potential undervaluation, considering the stock price relative to earnings and other financial metrics. The lower valuation ratios for these
Check out recent headlines about Microsoft (NASDAQ:MSFT), and you’ll see plenty about recent boardroom drama at OpenAI. I’m of course talking about the firing, and subsequent rehiring, of OpenAI CEO Sam Altman. This news was of some relevance to MSFT stock, and not only because the tech giant has invested billions into the ChatGPT developer.
Are you ready to do some whale watching? Of course, I mean investing “whales” who control billions of dollars’ worth of capital. One famous whale holds over half a billion dollars’ worth of Meta Platforms (NASDAQ:META) stock, believe it or not. Yet, that’s not the only reason to consider Meta Platforms now. At the same time, there