Vinco Ventures (NASDAQ:BBIG) is a complicated company. Vinco is planning to merge with ZASH Global, it is acquiring digital advertising service AdRizer and it is spinning off its crypto business, Cryptyde. As a result of all these moves, BBIG stock has been quite volatile. Source: vincoventures.com Over time, however, it’s becoming clear that Vinco faces
Stocks to sell
Six months before Enron fell more than 98%… When Wall Street and the media were still praising it as a great company to buy… Louis Navellier’s legendary stock grading system flashed an urgent warning to get out. Unfortunately, thousands of everyday people missed out on this warning and were led right into the historic collapse.
If you go bottom-fishing for value, you might get trapped. This is a harsh lesson that California-based Skillz (NYSE:SKLZ) is unintentionally teaching investors as SKLZ stock just keeps on printing fresh lows. Source: Dennis Diatel / Shutterstock.com Now, this might sound appealing to value-focused investors. After all, you’re supposed to buy low and sell high, right?
Headquartered in Burlington, Mass., Desktop Metal (NYSE:DM) is an additive manufacturing company that’s mainly known for its 3D printing business. The terms “additive manufacturing” and “3D printing” might entice technology investors to consider a long position in DM stock, but be careful. Source: Pixel B / Shutterstock.com It’s entirely possible to believe in a business niche,
We’re just over a year removed from the shocking short squeeze that upended Wall Street. In late January 2021, GameStop (NYSE:GME) stock surged from around $50 to nearly $500 in the span of a few days, opening investors’ minds to a whole new type of trade. If enough people started to buy a company’s stock
In July of last year, Mad Money‘s Jim Cramer tried to warn prospective investors about Chinese ride-hailing giant DiDi Global (NYSE:DIDI). Referring to Chinese initial public offerings (IPOs) in general and DIDI stock in particular, Cramer cautioned, “you should steer clear of them at all cost.” Source: DANIEL CONSTANTE / Shutterstock.com In a similar vein, DoubleLine founder
Block (NYSE:SQ) investors are in a tough spot right now. Down 67% in the past six months, SQ stock continues to drop in price. Many may be trying to bottom-fish with this fintech firm, formerly known as Square. Source: Piotr Swat / Shutterstock.com But as the factors that drove its epic decline remain, buying it
There’s been a positive charge in electric vehicle (EV) battery play Solid Power (NASDAQ:SLDP) today. But is this excited behavior solid evidence that investors should purchase SLDP stock? Source: Shutterstock Let’s take a look at what’s happening in Solid Power off and on the price chart, then offer a risk-adjusted determination aligned with those findings.
Despite the global pandemic receding, cruise line operator Carnival Corp. (NYSE:CCL) continues to navigate choppy waters. CCL stock is going to need more than just a life raft to recover from the pandemic. Source: Kokoulina / Shutterstock.com Carnival’s stock has been as unpredictable as its sailing schedule lately. Year-to-date, the company’s share price is up
DraftKings (NASDAQ:DKNG) is still blowing through large amounts of cash flow as seen in its latest quarterly results, released on Feb. 18. As a result, if this keeps up, DKNG stock could be in for a rough time over the next year. Source: Lori Butcher/Shutterstock.com This is after the stock has already cratered. It is
Bionano Genomics (NASDAQ:BNGO) is a life sciences instrumentation company focused on the genome analysis space. Its products include Saphyr, Bionano Chips, Bionano Prep Kits, and Bionano Data Solutions. Source: Dennis Diatel / Shutterstock.com The firm has discovered research about cancer, genetic diseases, and genome assembly, whereas its clinical research is about Facioscapulohumeral Muscular Dystrophy (FSHD) and
Among the pandemic-era favorites, ContextLogic (NASDAQ:WISH) may be the one that’s seen the biggest reversal of fortune. Over the past year, WISH stock has cratered in price, after its e-commerce platform (Wish.com) experienced a user exodus, declining sales, and very high operating losses. Source: Ralf Liebhold / Shutterstock.com As you may know, the company has been
As home prices surge, it must make sense to buy OpenDoor Technologies (NASDAQ:OPEN) stock, the high-tech house flipper. Source: Tada Images / Shutterstock.com Right? Wrong. Since the start of 2022, OpenDoor stock is down 35%. Zillow Group (NASDAQ:Z), which got out of the iBuyer market because it couldn’t make money in it, is also down,
Hydrogen stocks have been beaten over the past year, and the group declined steeply year to date. The Defiance Next Gen H2 ETF (NYSEARCA:HDRO), a fund that works as a proxy of the hydrogen industry, has dipped 31% to Tuesday’s close of $13.51 per share since the beginning of the year. In the meantime, the
There are many U.S.-listed companies with a market capitalization of $3 billion or higher. One of them is Digital World Acquisition (NASDAQ:DWAC). What’s more, year-t0-date (YTD), DWAC stock is currently in the top five best performer amongst this large cohort of $3 billion-plus market-cap stocks. Source: rafapress / Shutterstock Care to guess what the first-best
Robinhood (NASDAQ:HOOD) is a commission-free stock trading and investing app that has gathered a lot of attention. In particular, HOOD stock has generated quite a bit of controversial attention amid the recent meme stock frenzy and overall disruption of the stock market brokerage industry. Source: OpturaDesign / Shutterstock.com During the frenzy starting last March, shares
Popular with retail traders last year, the bubble has long since popped for Ocugen (NASDAQ:OCGN). A Covid-19 vaccine play, you may recall how OCGN stock, once trading for well under a dollar, briefly made its way above $15 per share not once, but twice. Yet, since hitting a high of $17.65 in November, shares of
Block (NYSE:SQ), formerly known as Square, will release its earnings for the fourth quarter on Feb. 24, after the market close. However, don’t expect to be too impressed, as the dramatic drop in SQ stock seems to imply that the market has low expectations. Source: IgorGolovniov / Shutterstock.com As of Feb. 20, the stock was down
Nio (NYSE:NIO) stock started the week on a weak note and the shares are trading below $25. Source: xiaorui / Shutterstock.com This does not mean that the company is doing something wrong but it is due to the market sentiment that is on the edge for several reasons including the Russia-Ukraine crisis. Many EV stocks
I’ve had an open mind about recommending real estate services company Matterport (NASDAQ:MTTR) stock. Source: Ken Wolter / Shutterstock.com I was initially bullish on it around $10 as it was completing its special purpose acquisition company (SPAC) merger. MTTR stock then shot to $30, and I urged caution as the valuation had jumped ahead of the