Focusing on additive manufacturing (AM) of electronics, Nano Dimension (NASDAQ:NNDM) specializes in fast prototyping capabilities, helping client companies meet tight production deadlines while delivering cost savings. What’s more, NNDM stock is actually fundamentally relevant without the social media furor surrounding it. Still, an extra tailwind never hurt. Source: Spyro the Dragon / Shutterstock.com In this
I would have been worried if the big rally in electric vehicle stocks sustained well into 2021. It seemed that EV stocks were in a bubble territory. NIO (NYSE:NIO) stock touched a high of $66.99 in February. Source: Sundry Photography / Shutterstock.com However, significant profit taking and concerns related to chip shortage resulted in a
One of the key observations about asset markets is that there is always a bull-run in some stocks or sectors, irrespective of economic conditions or other headwinds. Even during the novel coronavirus pandemic, there were dozens of stocks to buy that delivered multi-fold returns. In particular, sectors like at-home entertainment, gaming, e-commerce and pharmaceuticals benefited
The times they are a-changing, folks. Ten years ago, the only so-called “drugs” you could legally take in public were alcohol and tobacco. Over the past decade, marijuana got added to that list across a variety of states in America as well as multiple countries across the globe, including Canada and Mexico. And just last
Global oil consumption is recovering from the pandemic, which has driven oil prices higher, with Brent crude rising over $70 per barrel. This rally will greatly benefit oil producers, especially oil stocks from the global majors that rely more heavily on the price of oil. In addition, several top oil stocks pay high dividend yields
Exxon Mobil (NYSE:XOM) stock looks like it is significantly undervalued at today’s price. On July 8, it closed at $60.14, but XOM stock has a very attractive valuation. For example, it sports a very healthy 5.76% dividend yield and trades for just 16 times this year’s forecast earnings. Source: Jonathan Weiss / Shutterstock.com My valuation
In most cases, taking longshot bets in the market don’t pan out. However, for those brave contrarians that bought publicly traded securities during the initial onslaught of the novel coronavirus pandemic, they managed to accrue incredible profitability. Many onlookers quickly followed with their own money, making the case for buying super-safe dividend stocks less appealing
The U.S. may be on the verge of a major infrastructure spending plan, and a looming infrastructure bill could be a major boost to the nation’s infrastructure stocks. Infrastructure across the country is in need of repair. Investors should always be on the hunt for potential growth catalysts. Indeed, one potential catalyst is underway today
The most famous expression in advertising is probably, “Advertisers go where the eyeballs are.” The evidence suggests that this principle remains as true in 2021 as it was in 2001, 1981 and 1961. And that’s bad news for the owners of Skillz (NYSE:SKLZ) stock. Source: NYCStock / Shutterstock.com That’s because Skillz, a platform that enables
For a few weeks, Reddit’s r/WallStreetBets kept the buying pressure strong on AMC Entertainment (NYSE:AMC) stock. But when the Nasdaq started to lose momentum late last week, AMC stock started to lose its hold on the $60 level. Source: QualityHD / Shutterstock.com Short interest, an indicator of bearishness, is at 16.6%. The more shares fall,
Call them sucker stocks, stocks to avoid or whatever you’d like. Regardless of how they’re categorized, there are some companies investors should stay far away from right now. A few of the companies on this list look bad because of the pandemic. Some weak electric vehicle (EV) companies also make an appearance, along with some
Nio (NYSE:NIO) has had one of the most incredible turnarounds in recent memory. The company’s initial public offering (IPO) was priced at $6 per share, and NIO stock stayed in the single digits following the IPO. Source: Sundry Photography / Shutterstock.com While Nio made a decent case about being able to beat Tesla (NASDAQ:TSLA) in
Krispy Kreme (NASDAQ:DNUT) stock may not be in the hands of a hedge fund, but that doesn’t make it a safe bet. Source: Shutterstock Hedge funds buy companies, take them private, load them with debt, then take them semi-public again, retaining control. But anything a hedge fund can do a family can do if it
It’s rare that questions about where employees are when they’re working can put stocks at risk, but returning to work after the pandemic has become a hot-button issue in corporate America. According to a survey by Morning Consult, nearly half (40%) of workers in the U.S. say they would consider quitting their current job if
Nvidia (NASDAQ:NVDA) stock is one of the great positions in my retirement account. I got in about two years ago at $150/share. It opened on July 14 at $816.02. Source: Antonio Baccardi / Shutterstock.com Nvidia is due to split 4:1 on July 20. Shares are up 35% since the split was announced although we all
The debate around cryptocurrency is always hot. Opinions are binary between haters and absolute lovers. But there is a giant portion of the population apathetic about the whole thing. Those are the future upside feeders to Coinbase (NASDAQ:COIN) and COIN stock. Source: Primakov / Shutterstock.com Many of my family members are in that group. They
With meme stocks starting to tumble and Wall Street becoming much more skeptical about Clover Health (NASDAQ:CLOV), the outlook of CLOV stock has deteriorated meaningfully in recent weeks. Source: Shutterstock Meanwhile, Clover’s claims to be a high-tech disruptor are questionable, and the company continues to face Securites and Exchange Commission and Department of Justice probes,
With the stock-trading paradigm supposedly having shifted because of the novel coronavirus, fuel-cell electric vehicle (FCEV) specialist Plug Power (NASDAQ:PLUG) looks awfully enticing. From its peak 2021 closing price of $73.18, PLUG stock is now down more than 60%. Of course, in this day and age of social media, such a decline represents about as
A trading model is a clearly defined, step-by-step rule-based structure for governing trading activities. In this article, we introduce the basic concept of trading models, explain their benefits, and provide instructions on how to build your own trading model. The Benefits of Building a Trading Model Using a rule-based trading model offers many benefits: Models
Did you know that you’re supposed to calculate your income taxes two different ways? First, you figure your tax liability under the regular tax system, which factors in preferential treatment of some income and allows tax credits for certain types of expenses. Then you calculate your taxes using the rules for the alternative minimum tax