Markets:
DJIA +153.400.44%
NASDAQ +46.240.31%
S&P +13.880.32%
Featured Stocks:
RIO -4.25% 84.77
AAL +3.65% 20.16
NLOK 0.45% 24.11
KR +0.69% 42.21
Profit Alerts

Tech Watch

Follow topic
Tech Watch

Get all of the latest technology news and research delivered straight to your inbox the moment it's released.

Stocks

Why Peloton Stock Is a Long-Term Investment You Want to Make

by

It's rare to go a day without hearing at least one mention about Peloton (Nasdaq: PTON) or Peloton stock.

The fitness company seems more like a cult than anything else at times.

But Wall Street sees the company as overvalued, burned out following its own coronavirus rally of 440% in 2020.

Many investors believe that there's little profit left with the pandemic moving closer to the past.

Since its $167.42 peak in January 2021, shares of Peloton dropped 23%.

But investors selling Peloton stock now or overlooking it because physical gyms are re-opening are making a mistake.

This is a growth stock at the beginning of its climb.

You see, Peloton is more than merely a fitness company; they're a software company too.

Read more...

Stocks

The Best Defense Stock to Buy as Global Tensions Rise

by

China is flexing its muscles on the world stage, especially in the area near Taiwan.

In its latest show of strength, the global superpower conducted live-fire drills off the Taiwanese coast.

It may not be the most hopeful news.

But even in scary times, you find certain market trends never go away.

Defense is one of those.

The best defense stock to buy now owns a massive portfolio set up for solid growth as tensions rise.

.

Read more...

Stocks

SoFi Stock: Buy or Sell Now?

by

SoFi stock has only been publicly traded for a short while and it's been a roller coaster since day one.

Whether you bought at the IPO and wonder if you should sell or are eyeing the fintech disruptor as a potential buy, we've got an answer for you.

Here's why the stock has been so volatile and where we see it heading next.

IPOs

Outbrain Stock Price Prediction After the IPO

by

Outbrain stock just became one of the latest IPOs available through the Robinhood trading platform.

Shares are predicted to trade for $24 to $26.

The New York advertising company will sell 8 million shares, making it a $208 million IPO at peak.

They expect a valuation around $1.39 billion.

Here's what that means for Outbrain stock and where it's headed.

Cryptocurrency

Axie Infinity Crypto Price Prediction for 2025 Shows 300% Gains

by

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.

Stocks

This Week's Top E-Commerce Stock Already Beat Amazon.com 10x Over - and It's About to Triple Again

by

Amazon's had a great five-year run, tacking on 405% in profits.

But there's an Amazon "backdoor" that costs far less than half the price of Amazon and that's returned 10X the money over those five years.

Now Michael Robinson thinks the stock has, conservatively, at least another 300% in gains still to come.

Read more...

IPOs

Didi Stock Priced High and Is Still the Best IPO to Buy This Year

by

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...

Stocks

Roku Stock Is Soaring – Is It Still a Buy?

by

Roku stock has soared 30% higher in just the last two weeks, thanks in part to growth in it’s content production department.

No longer content as just an over-the-top device that let’s users stream content from other companies, Roku Inc.

(NASDAQ: ROKU) has been quietly carving out its very own streaming service.

That has investors eager to jump into the tech stock despite its hefty run-up over the last few years.

Roku stock is up 277% over the last year alone.

A totally new streaming service alongside its already successful devices could launch it even higher.

Here’s whether you should follow suit...

Stocks

Activision Blizzard vs. EA: This Is the Better Video Game Stock

by

Video gaming got an unexpected catalyst in 2020 thanks to the pandemic, and it's not going to slow down from here.

That has investors eyeing video game stocks like Activision Blizzard (NASDAQ: ATVI) and Electronic Arts (NASDAQ: EA) as ways to profit from this growing trend.

They are essentially pick and shovel plays for the whole industry.

Both have catalogs of massive hits and are constantly working to develop new ones.

Both are making smart acquisitions that will keep them at the forefront of the video gaming revolution for a long time.

But one stock stands out as the best gaming stock to own...

Stocks

Why Buzzfeed Stock Is the One Digital Media Company to Buy

by

Buzzfeed stock will soon go public via merger with a special purpose acquisition company (SPAC).

The SPAC is called 890 Fifth Avenue Partners (NASDAQ: ENFA) but will soon be called Buzzfeed.

The digital media business model looks shaky to many investors – we talked about this when we covered the Vice Media IPO – but Buzzfeed is different.

Buzzfeed stock might be the one digital media company worth buying when it goes public.

Read more...