Archives for July 2021

July 2021 - Page 5 of 7 - Money Morning - Only the News You Can Profit From

Avoid SGOCO Stock Like the Plague

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Shares of SGOCO Group Ltd.

(NASDAQ: SGOC) closed last Thursday at $2.58 a share.

The next day, SGOCO stock exploded as 124 million shares changed hands.

The stock climbed as high as $18.80 before closing at $9.79.

On Monday, the penny stock exploded higher again, as high as $29 during the day.

Over 100 million shares went in circulation.

Like so many stocks in the last year, there is none.

The so-called “meme stock” traders decided to push it higher.

But the move certainly has nothing to do with the company's business.

Here’s why you should stay away from SGOCO stock.

Dole IPO - Is This Stock a Buy After the Total Produce Merger?

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You've probably seen the Dole sticker on a banana.

Well, you will soon find the Dole stock ticker "DOLE" on the New York Stock Exchange.

But Dole stock, while an instantly recognizable fruit and veggie brand, might not be the buy it seems.

We want to help you make an informed decision before getting hyped on this IPO, so we're going to share a few points from the Dole IPO filing today.

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Buy These Value Stocks Now That Inflation Is Rising Again

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Value stocks aren't always the most fashionable to own.

But with markets surging through record high after record high and inflation rising off the charts, this might just be their big moment.

In an inflationary environment, companies that produce cash right now are worth far more than companies that will produce income at some point in the future.

Now that the latest CPI report showed inflation jumped 5.4% over the last 12 months, a new value stock rally could very well be in the works.

Here are our top picks now...

Virgin Galactic (SPCE) Stock Forecast After Branson Goes to Space

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Richard Branson took his Virgin ride into space this weekend and as a reward, shares of Virgin Galactic plunged 18% today.

That might seem perplexing, but we're going to show you why.

And for those excited by the company's prospects now that it lodged a major milestone in the commercial space race, we'll also show you our long-term SPCE stock forecast.

Before we get to that, let's take a look at why SPCE is down today.

Axie Infinity Crypto Price Prediction for 2025 Shows 300% Gains

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Axie Infinity crypto (AXS) was the talk of the blockchain last week.

That shows in the token’s price today.

But it could be destined for even greater things.

In the first week of July, AXS soared to an all-time-high of $19.60, putting AXS about 486% above its June low.

Axie Infinity could be a blockchain goldmine if you know how to use it.

Here’s why it’s not like other cryptos – and the profit opportunity in that.

Four Stocks to Buy at 9:30 a.m. Today

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There are four stocks Shah thinks everyone should grab at the opening bell this morning – an e-commerce giant, a financial stock with lots of gas in the tank, and a newer stock with massive, double-digit profit margins and triple-digit quarterly earnings growth.

This might be one of the strongest performers of the year…

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