It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal
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Sometimes, it’s hard to know who or what to believe. Such is the case when it comes to the ongoing U.S. Securities and Exchange Commission (SEC) probe into Cassava Sciences (NASDAQ:SAVA). As the biopharmaceutical company contends with data-manipulation allegations, traders have to figure out what to do with SAVA stock. There may be evidence that the
Big-box retail chain Bed Bath & Beyond (NASDAQ:BBBY) has been the target of eager meme-stock traders. However, the company’s financials will matter soon, as Bed Bath & Beyond has scheduled an earnings report and conference call for Sept. 29. The company needs to prove its value proposition to BBBY stock investors, as it’s undergoing a CEO
[Editor’s note: “This Little-Known EV Battery Technology Will Drive the EV Revolution” was previously published in August 2022. It has since been updated to include the most relevant information available.] Source: Illus_man/Shutterstock You may think you know of every battery innovation, especially as students of innovation. But a secret EV battery technology you’ve likely never heard
China’s retail sales and industrial output data for August were definitely encouraging. Retail sales grew 5.4% year-over-year (YOY) in August, while industrial production was up 4.2%. However, Chinese companies continue to be under pressure due to the disruption caused by the country’s “Zero Covid” policy, tensions between the U.S. and China, and a stricter regulatory
Last year, the phenomenon of retail investors bidding up short-squeeze stocks or securities that featured intense bearish sentiment caught like wildfire. This year, circumstances changed dramatically. With the Federal Reserve set to raise the benchmark interest rate until inflation normalizes, the framework for highly risky ventures diminished. Still, short-squeeze stocks represent powerful forces in the
After some challenging months in 2022, investors of California-headquartered workforce-management software company Asana (NYSE:ASAN) finally got some good news. For one thing, the company posted results indicating sizable big-client spending boosts. On top of that, a Meta Platforms (NASDAQ:META) co-founder (known as Facebook when he co-founded it) just took a large position in Asana. All in
Short-squeeze stocks are back on many investors’ radars as meme stock mania appears to be in full swing once again. The experts who thought the trend was over are in for a rude surprise. The prominent recent moves of stocks like Bed, Bath and Beyond (NASDAQ:BBBY) illustrate meme stocks are still a force. A short
Video-game retailer GameStop (NYSE:GME) seeks to enter into the worlds of cryptocurrency trading and the metaverse, it seems. Is this a sufficient reason to buy GME stock, though? Probably not, as GameStop’s financial results are subpar. Meme-stock traders might not heed this warning, but long-term investors should check GameStop’s fundamentals before taking a position. Reddit users
Last month, excitement about its stock splits, and the expansion of U.S. electric vehicle (EV) tax credits, was enough to get investors fully charged up about Tesla (NASDAQ:TSLA) stock. But so far this month, a cooldown in excitement (which I anticipated back in August) has played out. External factors like interest rates, inflation and the
Fifth generation (5G) wireless is exploding in terms of its adoption and growth around the world. According to market research firm Precedence Research, the global 5G market is forecast to reach $1.87 trillion by 2030 for a compound annual growth rate (CAGR) of 44.63% between this year and the start of the next decade. Because of
In a search for growth, many investors have done well seeking out popular stocks. Whether it’s meme stocks discussed on forums such as Reddit’s WallStreetBets or options-driven tech stocks, there are plenty of rags-to-riches stories amid the market mania of recent years. Of course, there are also hot stocks to avoid, particularly for investors who
[embedded content] This week, we’re talking about my Big Three investing themes for the rest of the year (and beyond). You’ve probably heard me talk about each at one point or another. But I’m a big fan of repetition. And indeed, if you’re not invested in the Big Three, then you may as well not
The shift to safer bets amid high inflation and other macro challenges significantly pulled down several growth stocks this year. Most of these growth stocks were trading at sky-high valuations after gaining immensely from pandemic-induced tailwinds. Just when several analysts felt that growth stocks had bottomed out and were poised to rebound, Federal Reserve Chair
There will be a disclaimer at the bottom of this article warning you about the dangers of penny stocks. However, just in case someone attempts to claim that they didn’t get that far, let me state upfront right now: This is a very dangerous arena. You can lose everything you put into these high-risk ventures
Today’s a really special day for me. That’s because today is the day I get to unveil the best kept secret on Wall Street – a secret that could help you make big money in a bull or bear market. Source: GluckaPixels / Shutterstock The story here is pretty simple. About a year ago, my
Based on the market’s recent performance, you may think now isn’t the time to increase exposure to hot growth stocks. After all, aren’t rising interest rates and the growing likelihood of a recession bad news for growth? Yes and no. On one hand, there are plenty of high-fliers from the 2020/2021 bull market that will
Electric vehicle manufacturers got a shot in the arm last week when California announced it would end the sale of 100% gasoline-powered cars and trucks by 2035. While the legislation will allow the sale of plug-in electric hybrids (PHEVs), the news can only help already hot EV stocks. The California Air Resources Board (CARB) approved the
It’s the very end of the current earnings season, with only a couple of companies left to report financial results. With more than 99% of the companies listed in the S&P 500 index having reported their finances, the results for the January through March period have held up fairly well. However, pessimism is growing for
Investors’ appetites for hot, new meme stocks with high potential appears to be gaining momentum these days. Providing evidence for that assertion, the VanEck Social Sentiment ETF (NYSEARCA:BUZZ) has soared over 10% in the past month. Likewise, the Roundhill Meme ETF (NYSEARCA:MEME) is up about 9% since it touched a recent low on July 26. However, these exchange-traded