Heading into autumn, traders are looking for the next big short-squeeze stock. A common fallacy is that we should turn to former meme and short-squeeze stocks in hopes that lightning will strike twice. But the magic is long gone for these former high-flying entities. These three stocks’ best days are already behind them. Here’s my
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The global travel and tourism industry went through one of the worst phases during the pandemic. Companies faced slumps in revenue and they drained financial resources in a quest for survival. Geopolitical tensions also impacted industry growth potential after the pandemic. However, the sector is crawling back to normalcy and travel stocks have been trending
After a blistering first half of the year, the outlook for the stock market has gotten murky. All three major U.S. indices declined in August, with the Dow Jones Industrial Average falling 2.4%, the Nasdaq losing 2.2%, and the benchmark S&P 500 sliding 1.7%. Even September is off to a rocky start, which is sending
For savvy investors, identifying game-changing stocks with the potential for significant returns is a constant pursuit. This article lists three dynamic companies making waves in their respective industries. These disruptive dynamos are redefining markets and capturing and dominating emerging trends worldwide. Lets delve into the financial landscapes of these three companies, exploring their growth trajectories,
Technology stocks have emerged as champions of global economic growth in a world driven by relentless digital innovation. Tech firms have continuously crafted innovative solutions through years of tenacity, elevating global productivity. Today, key tech stocks aren’t merely participating in the digital transformation but pioneering the charge with unwavering resolve. Despite turbulence facing the industry
VinFast Auto (NASDAQ:VFS) went public through a blank-check merger early in August. By August 28, the Vietnam-based electric vehicle (EV) manufacturer had a market capitalization of $190 billion, making VinFast stock the third most valuable automaker behind Tesla (NASDAQ:TSLA) and Toyota Motor (NYSE:TM). Bloomberg contributor Chris Bryan believes the $190 million market cap achieved on
As digital assets gain popularity, investing in cryptocurrencies may be warranted, but their volatility requires careful research. With thousands of cryptocurrencies to consider, investors can get overwhelmed. However, my view is to start with the top ten options by market capitalization, and work from there. This list contains some of the most recognizable and well-known projects
The healthcare industry comprises multiple sectors, including biotechnology, pharmaceuticals, and healthcare equipment, each offering a unique and potentially risky opportunity. News regarding FDA approval and positive results for therapies, pharmaceuticals, and trials greatly influences the outlook for companies, especially ones with small market cap share price. Healthcare companies can see a massive surge in their
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily
The Tesla logo is seen on a charging station in Virginia, Aug. 16, 2023. Celal Gunes | Anadolu Agency | Getty Images Check out the companies making the biggest moves midday. Roku — Shares popped 3% after the streaming company announced it would lay off 10% of its staff, consolidate office space and look to
There’s always a palpable buzz about stocks the smart money is buying. These aren’t mere fleeting trends; they’re astute decisions of people with incredible financial acumen. However, given the market headwinds, it would be easy to believe that taking a defensive attitude is the only sensible course of action. Meanwhile, it’s essential to distinguish between
I disagree with Cathie Wood’s stock picks much if not most of the time. For example, I believe that her huge bullishness on Bitcoin (BTC-USD) is completely misplaced, given the clear opposition of the U.S. government and most large American banks to cryptos. And I also think that her optimism about Tesla (NASDAQ:TSLA) is overdone in light of the
EV stocks tend to rise and fall with Tesla (NASDAQ:TSLA). The pioneering force in the EV industry has been trending upward since mid-August, which bodes well for the industry’s smaller players. The industry itself is a polarizing one, to be sure. Its emergence touches upon many politically divisive issues. That said, love it or hate it, the EV
In the stock market, where tumultuous waves can lead to substantial losses or lucrative gains, investors often seek blue-chip stocks that generate favorable and stable growth over the years. Notably, an ongoing intersection of market trends, company strategies, and external factors has brought an opportunity to seize the stocks primed for a long-term value ascension.
The automotive industry remains in transition as automakers around the world shift their production to EVs as they grab for market share. The stakes are high. Fortune Business Insights forecasts that global sales of electric vehicles will triple to $1.5 trillion by 2030. Automakers are working overtime to make changes that will convince the public
Building a well-rounded portfolio is crucial as you plan for financial stability in your retirement. Diversification is critical, ensuring your investments are spread across various sectors and asset types. This has led to the rise of the best retirement stocks to buy. Many retirement investors focus on dividend yield, as predictable income through retirement is
If you’re wondering what airline stocks to sell this month, look no further. The airline industry remains in a tricky spot. On one hand, the industry is recovering from the ravages of the Covid-19 pandemic when all carriers had their operations completely shut down for a time and then were forced to operate for an
The Roku app on a television in Hastings-On-Hudson, New York, US, on Tuesday, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in premarket trading on Wednesday. Roku — The streaming stock jumped 12.5% after announcing plans to lay off 10% of its staff. Roku also lifted its
Here’s a look at the top long-term retirement stocks to buy now. Building a solid retirement portfolio is all about identifying companies that can withstand any storm in the market. While it is interesting to earn passive income through them, it is important to look for stable companies that have a rock-solid balance sheet and
By now, you’ve all heard about the electric vehicle (EV) boom. You’re well aware that global leaders want millions of them on the roads in the next decade. You know President Biden wants at least 50% of all new autos to be electric by 2030. And you’ve constantly heard about some of the top EV