General Motors (NYSE:GM) stock has shown signs of life heading into earnings next Tuesday. There has been some good news along the way that has helped General Motors stock rally nearly 6% over the last twelve sessions. Source: Katherine Welles / Shutterstock.com Most notably, a concerning strike by the United Auto Workers union has been
The hype around Disney (NYSE:DIS) has again brought attention to Disney stock. The company will soon launch its streaming service Disney+ and release a new Star Wars movie. Since DIS has not moved significantly in recent months, some now wonder if the equity finally has a new catalyst. Source: David Tran Photo / Shutterstock.com Unfortunately,
U.S. equities look ready to take a leg lower as the political situation in Washington worsens and the flow of Q3 corporate earrings and economic data suggest a real slowdown is underway. As a result, the Dow Jones Industrial Average is falling away from the 27,000 level and looks set for a break below its
Square (NYSE:SQ) is a leader in the fast-growing, competitive fintech industry, but Square stock has had a volatile year adding only a little more than 1% since January. Source: Jonathan Weiss / Shutterstock.com As of Oct. 22, shares of Square resided more than 29% below the 52-week high. Conversely, the Global X FinTech ETF (NASDAQ:FINX)
It’s been a rollercoaster for Amazon.com (NASDAQ:AMZN) stock all year. After clawing its way to new 52-week highs in mid-July, AMZN promptly fell off on a Q2 earnings miss. Today, its year-to-date gain has been cut in half. And, believe it or not, AMZN stock’s price-to-earnings ratio is near its lowest levels since 2015, when
iQiyi (NASDAQ:IQ) stock is headed downhill further. Management of the Chinese online streaming company gave a very bleak growth outlook during its second-quarter conference call. Moreover, it looks like IQ will continue losing money. That means IQ stock will keep falling. Source: Jarretera / Shutterstock.com To start with, management indicated that revenue would only increase
For investors willing to time the bottom in cannabis stocks, Aurora Cannabis (NYSE:ACB) is an intriguing choice. No other pot company has the company’s breadth in terms of global reach and product portfolio. Aurora Cannabis stock isn’t necessarily cheap, yet. But Aurora stock certainly is cheaper, with a two-thirds decline from March highs to a
Is Aurora Cannabis (NYSE:ACB) stock is so overvalued it is likely to drop 90% to its tangible book value? I argued last month that the cannabis grower was in bad financial shape, but last week, another market pundit came out with an even-dire assessment of ACB stock. Source: ElRoi / Shutterstock.com In his recent, well-thought
If misery loves company, then Aurora Cannabis (NYSE:ACB) shareholders are far from alone. While marijuana stocks like ACB were soaring earlier in the year, several marijuana-related headwinds and dulling hype have since sent many of these stocks downward. But if new investors want to brave the risk and allow ACB stock to grow in their
iQiyi (NASDAQ:IQ) stock continues to frustrate investors. Despite the company’s strong position in China’s streaming market, IQ stock continues to drop. Source: Faizal Ramli / Shutterstock.com iQiyi’s strength in China has become a double-edged sword for IQ stock. Without a doubt, IQ’s large subscriber base and partnership with Netflix (NASDAQ:NFLX) have strengthened the Chinese company.
If you combined all the bullish arguments for Iqiyi (NASDAQ:IQ), the most commonly cited theme will likely be that the company is the Netflix (NASDAQ:NFLX) of China. And because China is more than four times larger than the U.S. population-wise, IQ stock represents untapped potential. Source: natmac stock / Shutterstock.com Further, because the Chinese government
It’s been a hard year for marijuana firms and their investors. The industry has been wracked with worries about health concerns, waning demand and regulatory tie-ups. Naturally, this has taken a toll on marijuana stock prices. Aurora Cannabis (NYSE:ACB) is a prime example of a pot stock that’s been hammered over the past 12 months.
Back during Sony’s (NYSE:SNE) tough days, I personally witnessed the dramatic rise and influence of GoPro (NASDAQ:GPRO). At the time, I was a senior business analyst tasked with increasing Sony’s digital camera market share. From a product perspective, GPRO had the better ideas. But I’m glad I invested in SNE rather than GoPro stock. Source:
Nio (NYSE:NIO) stock climbed more than 11% after the “Tesla (NASDAQ:TSLA) of China” reported strong third-quarter earnings on Oct. 8. Investors were especially pleased to learn that the company’s vehicle delivery increased by 35% from the second quarter. Source: Carrie Fereday / Shutterstock.com This news came at just the right time for Nio stock, since
Morgan Stanley equity strategist Michael Wilson suggested Oct. 14 that the mini-trade deal with China announced by Donald Trump the previous week is not going to help stocks reverse their course and move higher despite the two-day rally on the news. “The bottom line is that without a significant roll-back of existing tariffs, we don’t
Last October, Aurora Cannabis (NYSE:ACB) went public on the New York Stock Exchange. At the time, investors were full of optimism about the Canadian pot stock. The company beat out its rivals in terms of production capacity and was already expanding globally. But nearly a year later, ACB stock’s prospects don’t seem quite as strong.
In a good economy, restaurant stocks are usually good bets. And there are some in this sector that are doing very well and are worth considering. I wrote about one in particular last week. But a rising tide doesn’t lift all boats. And some restaurant stocks are having a tough go of it now. Consumer
Tilray (NASDAQ:TLRY) has dropped more than 55% in the past two months since August 13 and over 61% in the past six months since April 26. In short, the jig is up. The market is not going to put up with Tilray stock as it remains unprofitable. Source: Jarretera / Shutterstock.com The fact that TLRY
With many of the major financial institutions posting strong numbers for the third quarter, bank stocks appear poised as the investment class to jump into. Recent fundamentals, such as a temporary thaw in the U.S.-China trade war, gives credence to this argument. However, I’m going to take a contrarian approach, suggesting that they’re instead stocks
Shares of leading inbound marketing software company HubSpot (NASDAQ:HUBS) have been on fire for a long time. Over the past three years, as HubSpot has grown revenues at a 35%-plus compounded annual growth rate and expanded operating margins by more than 1,000 basis points, HUBS stock has rattled off a 200%-plus gain. At this point,