By Money Morning Staff Reports, Money Morning - • Print | Email
A year ago, Lordstown Motors (NASDAQ: RIDE) was going to be the next big thing.
The electric vehicle company had taken over an abandoned General Motors facility and was going to use it to start making electric pickup trucks for the commercial fleet market.
Now it’s on the verge of bankruptcy.
But don’t be tempted to buy low and hope it returns to its former glory.
These three EV stocks will blow it out of the water...
By Money Morning Staff Reports, Money Morning - • Print | Email
With oil prices continuing to rise this year, investors have been hopping on board the Big Oil train.
And Exxon stock is leading the way.
Oil prices climbed nearly 50% higher on the year and Exxon is already a clear winner.
Exxon stock has followed oil prices, gaining 46% on the year.
But investors aren’t interested in whether Exxon was a good stock to buy at the start of the year.
You want to know if Exxon stock is a great buy today.
By Money Morning Staff Reports, Money Morning - • Print | Email
GrowGeneration's 40% rally since May 13 is making this a must-watch stock.
But should investors be adding GrowGeneration stock to their portfolio right now?
We're going to take a deep dive into this company to show you why CRWG is rallying right now and why this hot stock is worth owning.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
AMC stock is not a long-term buy right now, and investors will be surprised to find out why.
AMC Entertainment Holdings (NYSE: AMC) suffered through the pandemic in 2020.
People started to imagine a world without movie theaters.
Now, with the streaming industry on the rise – along with the size of home televisions – many still imagine such a future, COVID or no COVID.
Studios today will even release new films straight to streaming services rather than theaters.
Most of the sentiment driving the AMC stock forecast today takes this into account.
By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI - • Print | Email
The massive IPO wave is headed our way this summer, and it’s excellent news for the market overall, as it pulls money into stocks and moves prices higher. It’s also really good news for one company specifically, with a hand in a lot of these new firms. This could be the single best way to profit on the $40 billion IPO summer, which is great news for us…
By Money Morning Staff Reports, Money Morning - • Print | Email
Income investors continue to struggle under current market conditions.
Many thought inflation fears would push some yields higher, but it simply has not happened.
The yield on the 10-year Treasury Bond is back under 1.5%.
It shows no signs of leaping higher anytime soon.
For higher cash yields, income-focused investors will have to think outside the box.
That's where our best dividend stocks to buy now come in...
By Money Morning Staff Reports, Money Morning - • Print | Email
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...
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
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.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
Amazon.com Inc.
(NASDAQ: AMZN) has a full plate these days.
While the company awaits the departure of founder and CEO Jeff Bezos, they also struggle with the prospect of antitrust action by federal regulators.
Meanwhile, they plan to make some key acquisitions, should the feds not get in the way.
All of this has investors wondering about our Amazon stock forecast for the next few years.
Though it’s highly priced after some insane growth over the last 10 years, it still has much further to go.
One analyst gives Amazon stock a price target of $5,500 per share as soon as 2022.
But even that is conservative for what lies ahead.
By Money Morning Staff, Money Morning - • Print | Email
The short squeeze is still the market’s hottest trade for a good reason; the profits are still as big and fast as they ever were.
But two insanely popular, widely held short squeeze stocks, despite popping quadruple digits, are set to fall and should be sold ASAP.
Andrew Keene says to sell this morning, in fact.
