News of it obtaining regulatory approval for its flagship product has sent Second Sight (NASDAQ:EYES) stock to the moon. Where’s this retinal health play headed from here? That’s the question on the minds of investors, who likely weren’t aware of this company before its game-changing news. Source: Who is Danny / Shutterstock.com After surging from
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There aren’t many better growth stories in the market than The Trade Desk (NASDAQ:TTD). But the TTD stock price suggests investors have forgotten that fact. Source: Shutterstock/ Bella Melo From December highs, the stock has fallen more than 25%. It’s down 15% in just the last four weeks. There are some reasons why. The biggest
Marathon Digital Holdings (NASDAQ:MARA) formerly Marathon Patent Group continues to be one of the hottest stocks of 2021. Since I last wrote about MARA stock a month ago, the Bitcoin (CCC:BTC-USD) mining stock is up another 60%. But as we know, that doesn’t mean the stock is 60% more valuable. Source: Shutterstock The primary reason
There are often frequent comparisons between Penn National Gaming (NASDAQ:PENN) and Draftkings (NASDAQ:DKNG). However, the companies couldn’t be more different. Penn National owns or has interests in some 40 gaming properties across 19 states, under well-recognized brands such Hollywood Casino and Boomtown. Draftkings, on the other hand, has an app — and it’s a money-losing
Until recently, Ocugen (NASDAQ:OCGN) stock was trading below $1 a share. This biotech company, which was founded in 2013, did not have much traction with its various drug candidates. Source: Shutterstock But things changed in a big way when Ocugen announced a partnership with Bharat Biotech, which is based in India. The company is the
If you don’t mind adding an element of mystery to your portfolio, consider Pershing Square Tontine Holdings (NYSE:PSTH). Just be advised that, by acquiring PSTH stock, you’ll own a stake in a special purpose acquisition company (SPAC) with a yet unspecified merger target. Source: Dmitry Demidovich/ShutterStock.com Back in January of this year, I cautioned prospective investors
One of the latest meme stocks to capture investor imagination was Roblox (NYSE:RBLX). The company went public via a direct listing on March 10 and shares quickly advanced far beyond the $45 initial price. Not only have the gains held, but RBLX is now up to over $70 per share. And with $1,400 stimulus checks
It is good news and bad news that those who invest in publicly traded stocks have access to early-stage, unprofitable companies like Romeo Power (NYSE:RMO). RMO stock itself highlights both edges of the proverbial sword. Source: Nick Starichenko/InvestorPlace.com The good news ostensibly is that individual investors can own quality growth stories, even early in their
A generation ago the Dow Jones Industrial Average was filled with stocks like United States Steel (NYSE:X) and O-I Glass (NYSE:OI), known then as Owens-Illinois. They made basic goods other manufacturers turned into consumer products. Today these companies are barely noticed. The world has moved on. Technology rules, and biology is rising. Today’s Dow is
Shares of self-driving technology company Luminar (NASDAQ:LAZR) have been in a slump recently. But that slump may have just ended. The company delivered a strong business update on Thursday, and today LAZR stock popped more than 15%. Source: JHVEPhoto/shutterstock.com We suspected this would happen. Heading into that business update, we wrote that LAZR stock was
Nio (NYSE:NIO) shareholders are discovering that it’s difficult to carry the weight of expectations. NIO stock is down about 11% in 2021. And for now, the bears appear to be in control. To be fair, Nio has been in a far worse situation. But this time investors expect more. And for Nio to reach the
If you know me at all, you know I can’t live without my Dunkin’ Donuts caffeine fix in the morning. Source: Shutterstock I really needed my caffeine today because I was up before dawn getting ready for my new MoneyLine podcast and to take a short trip for business and pleasure. Still, I did the
SOS Limited (NYSE:SOS) is arguably one of the most interesting trading stocks on the market today. Almost every day, SOS stock makes a big move one way or the other. Source: Mark Agnor / Shutterstock.com On Monday, for example, shares surged 20% on strong operating results. But it quickly followed that up with a nearly
Would you swap out your current gas-powered car for an electric one? Source: Shutterstock How about if the government gave you a “deep” discount on the new car to get you to do it? That’s what Senate Majority Leader Chuck Shumer told The Verge this week that he would like to see included in a
If you’re interested in capitalizing on the burgeoning electric vehicle charging station market, check this out: Special purpose acquisition company (SPAC) Tortoise Acquisition II (NYSE:SNPR) is preparing for its upcoming merger with Volta Industries, and investors can take a position on SNPR stock before the companies combine. Source: Nick Starichenko/InvestorPlace.com Granted, this isn’t the only stock
This is big. Two of the top 5 richest men on the planet just placed big bets on a new electric car tech. Bill Gates, who famously founded Microsoft… And Jeff Bezos, the billionaire behind Amazon.com… Are backing a new type of battery technology that is promising to change the world as we know it…
Today’s topic is “multiple expansion.” Source: Shutterstock Multiple expansion is the term Wall Street analysts use to describe the boost a stock receives when investors award that company with a higher and higher valuation. Imagine, for example, that “Acme Widgets” is a $10 stock that produces $1 per share in annual earnings. At that price, Acme
Investing in what you know is one the simplest investment strategies out there … Source: Shutterstock And it also happens to be the absolute best strategy I have come across in my 20+ years of investing. On today’s new episode of MoneyLine, I want to tell you about my weekend. I was out and about
A decade ago, after Comcast (NASDAQ:CMCSA) bought NBC Universal from General Electric (NYSE:GE), then-hit show 30 Rock satirized it as a tired, aging, and lazy outfit called Kabletown. Comcast hasn’t changed much in a decade. It’s still benefitting from its duopoly (a monopoly in many places) with phone giants AT&T (NYSE:T) and Verizon (NYSE:VZ) on
The art of crafting a headline is a difficult one. Personally, I try to refrain from hyperbolic messaging, but at the same time, it can’t be a dull affair – otherwise, no one would read your article. But with my February coverage of BioNano Genomics (NASDAQ:BNGO) and specifically BNGO stock, I pretty much hit out