Source: gg5795 / Shutterstock.com Sent straight to the stock market junkyard at the end of last year, Lucid Group (NASDAQ:LCID) made a remarkable comeback last month. Although the broad market rally set shares in motion, the emergence of takeover speculation is what really put LCID stock back into the fast lane. On Jan. 27, shares
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Source: Shutterstock After doubling off its 52-week lows, Tesla (NASDAQ:TSLA) stock continues to climb. The market’s high pessimism for TSLA stock at the start of the year seems to have shifted into high optimism. Hopes are that this electric vehicle (EV) maker can continue to thrive despite current economic challenges. Even as other growth stocks
How much risk can you tolerate on a multi-year time frame? It’s time to conduct a gut-check, as electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) is ambitious but not in an ideal capital position. Thus, RIVN stock could provide great wealth over the next five years, but investors should be cautious and maintain small position sizes.
From January, up until this week, it may have seemed as if Google parent Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) were emerging out of its recent slump. During this timeframe, GOOG stock rallied by more than 20%. Last month’s layoff news may have been a big reason for this, but renewed hopes that the tech giant is not falling
Tech and crypto could dominate as the hot stocks for tomorrow. We’re still seeing the Federal Reserve and earnings control the headlines now. That’s as investors continue to fret about rate hikes from the Fed and a potential recession at some point this year. It’s also as the S&P 500 continues to “climb a wall
After years of astounding gains, one might be led to assume that Amazon (NASDAQ:AMZN) stock can’t possibly disappoint its investors. Yet, every company is vulnerable to macroeconomic issues, including Amazon. The past 12 months were painful for overeager Amazon shareholders, and unfortunately, the next year might not be much better. As the old saying goes,
Machine learning software specialist C3.ai (NYSE:AI) has been red-hot lately. AI stock skyrocketed recently, but it’s not too late to take a position for the long term. The release of a new artificial intelligence (AI) software suite puts C3.ai at the forefront of a fast-growing market, and investors should prepare for sizable gains over the next
Not long ago, InvestorPlace contributor Josh Enomoto put Sitio Royalties (NYSE:STR) on his list of seven short-squeeze stocks to buy before they soar. All seven of them look promising, but STR stock really caught my eye. There’s definitely short-squeeze potential here, and this should pique the interest of short-term traders. However, there are also reasons to
Is electric vehicle manufacturer Lucid Group (NASDAQ:LCID) turning a corner in 2023? Don’t make any assumptions, as LCID stock may have rallied on rumors rather than verified facts. Besides, Lucid’s primary problems, such as meager vehicle production amid heated competition, haven’t disappeared. Frankly, it’s just not a great time to try to sell expensive EVs to
Much as I anticipated, the January rally for Nio (NYSE:NIO) stock has given way to a pullback so far in February. Since the start of the month, NIO stock has fallen by back around 10%. Largely, due to the China-based electric vehicle (or EV) maker’s latest delivery numbers, which were underwhelming. Sure, it was not
In recent articles on SoFi Technologies (NASDAQ:SOFI), I have been bearish on SOFI stock, for numerous reasons. Most of these reasons are short-term in nature. For example, renewed worries about macroeconomic issues like inflation and interest rates could knock the stock back lower. Also, further headwinds related to the student loan repayment pause may also