SoFi Technologies (NASDAQ:SOFI) announced on Nov. 15 that a number of its original shareholders were going to sell some of their shares. This included Softbank (OTCMKTS:SFTBY), and some VC/private equity firms (Silver Lake Partners, Qatar Investment Authority, Red Crow Capital, LLC, etc.). The resulting sale of SOFI stock has pushed down the price by about
Stocks to buy
Palantir (NYSE:PLTR) might be on cloud nine after posting another solid quarter of earnings. Altogether, when you add in several contract wins, it seems like the data analytics company can’t put a foot wrong. However, there are genuine concerns about overvaluation here. Right now, PLTR stock is trading at nearly 110 times forward earnings, according
With ample liquidity in the financial system, 2021 has been a banner year for wealth creation. Be it equities or cryptocurrency, multifold returns over just a few months or even weeks have been frequent. Of course, there have been speculative stocks to buy among the top performers. However, I prefer to focus on non-speculative stories
It may not be the “end all, be all” development for Bionano Genomics (NASDAQ:BNGO). But its strong fiscal performance last quarter isn’t something that should be ignored. Unfortunately, that’s what appears to be happening with BNGO stock post-earnings. Source: Natali_ Mis/ShutterStock.com Since releasing results after the close Nov. 4, the life sciences stock price has taken
Rocket Lab (NASDAQ:RKLB) is a small business in the space services business. But RKLB stock makes it seem like a big company. Source: Andrzej Puchta / Shutterstock.com Rocket Lab said it had $5.3 million in revenue during the third quarter. Its backlog stood at $183 million at the end of September, and the company expects
Markets stumbled on Wednesday, but not really. The small caps fell 1.3%, but the S&P 500 was barely negative 0.3%. In reality, Wednesday was just another day but with pockets of weaknesses. Among them, there were stocks to buy off their major support levels. This makes today’s thesis be somewhat technical but not entirely. First,
Lucid Group (NASDAQ:LCID) reported results for its first quarter as a publicly traded company this week. If Lucid was an established automaker like General Motors (NYSE:GM) or Toyota (NYSE:TM), we would be talking about the bottom line. For what it’s worth, the electric vehicle startup lost 43 cents per share for the third quarter, much
Lately, there hasn’t been too much excitement around Nokia (NYSE:NOK) — at least compared to the jaw-dropping spike it experienced during the “meme stock” phenomenon earlier this year. Or, the more gradual run-up that NOK stock saw during the summer, thanks to company-specific factors. Source: rafapress / Shutterstock.com It seems that the meme crowd has turned
Lucid Group (NASDAQ:LCID) just released its Q3 financial results on Nov. 15, showing that its order book is growing nicely. It is now clearly seen as a real force in the luxury end of the electric vehicle (EV) market. As a result, LCID stock is bound to move substantially higher from here. Source: Around the
As we watch asset classes of almost every stripe reach astonishing heights, it seems as if nothing has gone according to intuition and logic following the initial strike of the novel coronavirus. But one of the most conspicuous examples of almost nonsensical circumstances is the labor market. Simply, many industries are suffering from a labor
There’s a pretty good chance that you haven’t spent much of your time thinking about functional materials. As an enterprising investor, however, you could discover serious profit potential with Meta Materials (NASDAQ:MMAT), as MMAT stock offers pure-play exposure to this high-conviction market. Source: Yuriy Golub / Shutterstock.com To put it simply, meta materials are a
Investors who seek a quick path to wealth will often fail. Speculators risk reacting too emotionally if a stock drops while they watch its movements like a hawk. Conversely, investors who search for stocks to buy and hold for the very long term will have more patience. Taking the time to research a company’s prospects
Novavax (NASDAQ:NVAX) bulls are finally rejoicing. Shares shot up after Indonesia, one of the top five most populous countries globally, greenlighted its vaccine recently. That came on the heels of the biotech filing emergency use authorization (EUA) packages with several authorities, including the world health organization (WHO) and the European Union (E.U.). All of this
GameStop (NYSE:GME) looks like it could be turning the corner financially. In its fiscal second-quarter results released on Sept. 8, sales rose to $1.183 billion from $942 million last year. Moreover, its net income loss was much lower than last year. Investors in GME stock could see a major turnaround sometime within the next year. Source:
Still stuck trading between $20 and $30 per share, it may seem like Palantir Technologies (NYSE:PLTR) is never bouncing back. But while returns with PLTR stock have been underwhelming over the past nine months, don’t get discouraged. Now is not the time to head for the exits. Source: Ascannio / Shutterstock.com Why? After its incredible run
Founded by somewhat eccentric billionaire Richard Branson, Virgin Galactic (NYSE:SPCE) is on a mission to make astronauts out of regular folks — who happen to have an extra several hundred thousand dollars lying around. You can invest in this intriguing mission with a position in SPCE stock. Source: Christopher Penler / Shutterstock.com To its credit, Branson’s
I have written several articles about AT&T (NYSE:T) and its proposed dividend cut. Suffice it to say that once the company spins off its Warner Media division and combines it with Discovery Inc (NASDAQ:DISCA), the dividend will be cut. That should occur sometime in 2022. For now, though, we can estimate where T stock will
Online real estate platform Zillow (NASDAQ:ZM) recently shook up the industry when it announced its departure from the iBuying business. Sizeable losses had built up in its home-flipping business, so the company shut it down. However, Zillow’s other business segments, such as mortgages and media, haven’t made much money either. Nevertheless, the Zillow debacle shouldn’t deter
The cloud-based e-commerce platform Shopify (NYSE:SHOP) never ceases to amaze. In just 16 months during the pandemic, its total merchant’s gross merchandise volume (GMV) for SHOP stock has doubled from $200 billion to $400 billion. Source: Paul McKinnon / Shutterstock.com It has been the go-to platform for small businesses transitioning to an online model —
If we broadly classify stocks, we end up with two major categories. The first is growth stocks. Typically, these are stocks to buy from companies with robust revenue and earnings growth. Most of these companies have high capital expenditures. As a result, growth stocks are generally not known for robust free cash flows (FCF). On