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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.
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.
Didi Stock Priced High and Is Still the Best IPO to Buy This Year
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Chinese ride-hailing firm Didi Chuxing (NYSE: DIDI) went public Wednesday, June 30.
The company has been called the “Uber of China.” IPO investors were all over this one, oversubscribing the book and forcing Didi to increase the deal size.
According to Reuters, the Didi IPO is the biggest U.S.
share sale by a Chinese company since Alibaba (NYSE: BABA) raised $25 billion in 2014.
The Didi Chuxing IPO has created a major buy opportunity for American investors.
The Alibaba IPO price was a whopping $68 and it still added a hefty 232% in a short time following its U.S.
IPO.
It trades at $226 today.
You can expect a similar pattern with Didi Chuxing in the years to come. Here’s why...
Why Duolingo Stock Is a Strong Buy on Robinhood IPO Access
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Investors get the chance to buy Duolingo stock at the IPO price via Robinhood starting today.
All you need to do is request shares via the Robinhood app for a chance to be randomly selected to receive the shares.
This is part of Robinhood's new IPO Access feature, giving retail investors rare access to IPO stocks they would not have had before.
And you will probably want to throw your name in the hat for Duolingo stock.
The first (and most recent) IPO stock to go through Robinhood is up more than 100% since the offering.
Figs Inc. (NYSE FIGS) went from a $22 IPO price to $47 today.
Is Confluent Stock a Buy After the IPO?
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According to Allied Market Research, the data-as-a-service industry is expected to reach $61.4 billion value by 2026.
That’s more than 1,120% growth from $5 billion in 2018.
And now that Confluent stock trades on the NASDAQ, retail investors can potentially take part in that.
The stock ticker is CFLT. But read this before you look it up to buy…
Clear Secure IPO Stock Is Another Solid Buy on Robinhood
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Robinhood just added another IPO stock to its new IPO Access program.
Clear Secure Inc. filed with the U.S. Securities and Exchange Commission on Monday, June 7.
The company will trade under the stock ticker "YOU."
They expect a valuation of $2.2 billion, raising over $390 million in the IPO on 13.2 million shares priced between $27 and $30.
Goldman Sachs (NYSE: GS), J.P. Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) will lead the underwriting process of this IPO.
Opportunities to invest in IPO stocks are still few and far between for retail investors.
Let's talk about whether Clear Secure stock an undeniable buy opportunity, or if you should wait...
The Doximity IPO Is a Rare Day-One Buy
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Doximity stock will go public this week at $4 billion valuation.
Whether or not you’ve heard of the company, it meets a highly relevant need in its field today.
The rise of cloud-based medicine makes the Doximity IPO one of the hottest of 2021.
Think about how necessary it was for medical workers during the pandemic to stay connected while hospitals were being overrun.
Even on a regular day, success in medicine requires seamless logistics.
And that starts with better, faster communication among medical professionals.
Doximity helps make that happen.
And it results in patients getting the treatment they need, faster.
The company will offer 23,300,000 shares at a price range of $20 to $23.
It’s only a short time before shares of “DOCS” hits the New York Stock Exchange.
Here’s how you should play the Doximity IPO...
Why the NVIDIA Stock Forecast Is Off the Charts Right Now
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Analysts have aggressively raised their price targets for the high-speed computer chip manufacturer NVIDIA Corp. (NASDAQ: NVDA).
Vivek Arya, managing director at Bank of America (NYSE: BAC), bumped his NVIDIA stock price forecast from $800 to $900 this week.
Reasons included the adoption of Artificial Intelligence driving strong revenue growth at the NVIDA.
NVIDIA's data center sales could also triple over the next few years.
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