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
Stocks to sell
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
Carvana (NASDAQ:CVNA) stock has had a weird or at least unexpected ride these last weeks, tumbling nearly 45% year-to-date. The used car dealer known for its vending machine storage units, offers investors a mystery. While used car prices remain high, with dealers like AutoNation (NYSE:AN) seeing fairly stable stock prices, Carvana stock is down by
Palantir Technologies (NYSE:PLTR) took Reddit by storm last year. Palantir launched its direct listing in late 2020 with its shares priced around $9 each. However, investors associated with WallStreetBets drove the price of PLTR stock up to $35. Source: Ascannio / Shutterstock.com It was an incredible valuation, well north of $60 billion, for the secretive
The driving force behind Gamestop’s (NYSE:GME) initial community-driven surge has been down to an overly liquid market and analysts’ event-driven predictions. Moving forward, though, investors will want to understand why the influencing variables of GME stock will be subject to change. Source: rblfmr / Shutterstock.com At this stage, I’d imagine that readers aren’t entirely sure
Twitter (NASDAQ:TWTR) has been drifting down due to its lower-than-expected forecast for revenue this year. It ended last year at $43.22, but as of Thursday, Feb. 17, TWTR stock was at $35.43, or down 18% year-to-date (YTD). Source: Worawee Meepian / Shutterstock.com Investors can probably expect more of the same as analysts revalue the company’s
Back in August 2021, I wrote that Shopify (NYSE:SHOP) was overvalued by any reasonable metric. At the time, SHOP stock was trading at $1,525 per share, but later it climbed to a peak close of around $1,690 on Nov. 19. Now, the stock is changing hands around the $655 mark. However, I think it’s still
Based on the recent headlines about Digital World Acquisition (NASDAQ:DWAC) stock, you would think that it was about to plunge. However, DWAC stock has stayed strong. Source: rafapress / Shutterstock The shares closed yesterday at $85.16 per share, or eight times its offering price. As you likely know, this SPAC is taking former President Donald Trump’s
At first glance, Michigan-based veterinary testing and pharmaceutical product specialist Zomedica (NYSEAMERICAN:ZOM) might sound like a great company to invest in. After all, ZOM stock is really cheap, and pet healthcare certainly sounds like a high-growth niche market. Source: Postmodern Studio / Shutterstock.com On the other hand, we have to wonder why Zomedica’s shares are so
Lucid Group, Inc. (NASDAQ:LCID) stock has made lots of headlines since going public in the summer of 2021. Many of them havn’t been great. Until you can be sure LCID management knows what it is doing, there’s probably no need to through money at LCID Stock. Source: ggTravelDiary / Shutterstock.com LCID has losses of nearly
Investors probably should consider not buying Teladoc (NYSE:TDOC) stock prior to its upcoming Feb. 22 earnings announcement. Source: Piotr Swat / Shutterstock.com Although there is news which suggests it could significantly outpace guidance, there are just too many other negatives. We’ll dig into the negatives but first: the good news for TDOC stock. The Good
It has been months since Zillow Group (NASDAQ:ZG) threw in the towel with its foray into house-flipping. Yet ZG stock continues to drop. Granted, a lot of its more recent price declines may have to do with the market’s recent volatility. Source: OpturaDesign / Shutterstock.com Even so, some of its slide may be due to investors
I’ve been bearish on Sofi Technologies (NASDAQ:SOFI) for many months. And, like most of my bearish picks in the last year, SOFI stock has indeed struggled. In fact, over the past one year, the name has tumbled a huge 50%. Source: rafapress / Shutterstock.com Now, with the company facing three relatively new hurdles and my
Palantir Technologies (NYSE:PLTR), a data analytics company, was one of the hottest stocks out there in early 2021. Due to excitement over the narrative surrounding it, investors bid up PLTR stock to unsustainable levels. The “meme stock” phenomenon may have played a role too in its big run-up last year. However, this is not for
All of a sudden, Russian stocks and companies with exposure to the region are in danger of conflict-induced weaknesses. As soon as one war ends, it seems, the possibility of another one springs up. Just as the U.S. military left the Afghanistan theater of operations, tensions have come to a boiling point between Russia and
Peloton (NASDAQ:PTON) is making headlines again. This time it’s not a 21% single-day gain for PTON stock based on acquisition rumors. That was Monday. There are currently three big developments on the Peloton front. The company’s CEO is stepping down, while Peloton is also laying off a large chunk of its workforce and abandoning its
In my most recent articles on Matterport (NASDAQ:MTTR), I’ve taken a bearish view on the stock. But I haven’t been bearish on MTTR stock primarily because of the firm’s prospects. Source: Matterport Instead, my view has been that the richly-priced shares have more room to fall because the market has been shunning pricey growth stock on