Stock Market

For a brief moment in June, the Reddit trader army set its sights on Wendy’s (NASDAQ:WEN) stock. Chalk it up to an inside joke among r/WallStreetBets subreddit posters. Or perhaps a love of the fast food chain’s chicken sandwiches motivated the meme crowd. But, whatever the reason was, the short-lived rip, which took WEN stock
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When a company becomes the newest darling among retail traders, watch out. I actually like video-game hardware and accessories company Corsair Gaming (NASDAQ:CRSR), but its apparent popularity among Reddit users may be a warning sign for CRSR stock. Source: Rawpixel.com/Shutterstock.com Don’t get me wrong. I find it fascinating that r/WallStreetBets participants are standing up to the
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Though manageable through modern medical technologies, diabetes is nevertheless a pain in the rear. On a frequent basis, patients need to prick their fingertips to check their blood sugar levels. However, the advent of continuous glucose monitoring (CGM) systems, such as the Eversense device created by Senseonics (NYSEAMERICAN:SENS), brings much-wanted convenience for patients. It’s no
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Lately, I’ve been reading mixed reviews of Swedish plant-based milk company Oatly (NASDAQ:OTLY). Even after a blockbuster initial public offering (IPO), the sentiment surrounding OTLY stock is starting to cool off. Source: Vladislav Noseek / Shutterstock.com As the share price drifts down from the peak, folks who’ve been sitting on the sidelines can consider taking a
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Virgin Galactic (NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders. Source: Tun Pichitanon / Shutterstock.com This further bolsters SPCE stock’s current out-of-this-world
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FuboTV (NYSE:FUBO) is a bros’ cable replacement service, top-heavy with sports. Source: Lori Butcher/ShutterStock.com It’s a cable replacement. It competes with Alphabet’s (NASDAQ:GOOGL) YouTube TV, Dish Networks’ (NASDAQ:DISH) Sling, ViacomCBS’ (NASDAQ:VIAC) Pluto, Walt Disney’s (NYSE:DIS) Hulu + Live TV, Warner-Discovery’s AT&T (NYSE:T) TV and Philo, owned by a collection of cable operators. Notice anything about that
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For a truly exciting biotechnology investment, you might want to consider Bionano Genomics (NASDAQ:BNGO). You’ll find that BNGO stock is a fast mover; it’s been much higher, but also much lower. Source: Shutterstock Therefore, it’s not appropriate for large position sizes. In general, I tend to want to “stay small” with volatile, low-priced biotech stocks. That
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Meme-stock traders set their sights on Canadian cannabis company Sundial Growers (NASDAQ:SNDL) earlier this year, driving SNDL stock to dizzying heights. That wave of enthusiasm, however, has come and gone. Source: Jetacom Autofocus / Shutterstock.com Of course, it’s possible that the Reddit crowd will target Sundial again. Yet I wouldn’t advise investors to consider buying a
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Coupang (NYSE:CPNG), a leading South Korean e-commerce company, has developed attractive new services and  has decided to expand to multiple, new geographic markets. As a result,  I expect CPNG stock to meaningfully outperform the market over the longer term. Source: Ki young / Shutterstock.com What’s more, Coupang’s decision to enter the third-party logistics market should
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