I’m usually a big fan of tech stocks. The tech sector enjoyed huge returns from 2016 to 2021, as seen by the tech-heavy Nasdaq composite’s gain of more than 200%. And even though the sector has been down since those heady days, I’m not ready to write off the entire sector. You have to know …
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Block (NYSE:SQ), parent company of online payment processor Square, has been the subject of many headlines in recent weeks, and not for the best of reasons. Accusations from a prominent short-seller (Hindenburg Research), while not necessarily proven, have attracted a lot of attention and placed pressure on SQ stock. However, if you believe that these …
Continue reading “The Other Big Risk With SQ Stock Few are Talking About”
Are we heading for a semiconductor stocks crash? It’s increasingly looking that way. After the semiconductor shortages of 2021 and 2022, the pendulum has swung sharply in the other direction. People have gone back to school, returned to the office, and so on, alleviating the need for so much extra computing technology at home. Meanwhile, …
Continue reading “3 Semiconductor Stocks to Ditch Before the Great Recession”
Source: rafapress / Shutterstock.com On the surface, SoFi’s (NASDAQ:SOFI) first-quarter results looked quite good. In fact, the company delivered beat-and-raise earnings which tend to thrill investors. But since the lender reported the results on May 1, the shares have tumbled 18%. There appears to be a specific reason for the decline, and the issue could …
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Source: Sergei Elagin / Shutterstock.com Block (NYSE:SQ), formerly known as Square, has multiple weaknesses and is facing a few very tough threats. Among the firm’s weaknesses are steep competition and potential share losses due to the growth of e-commerce. And on the threats front, the company is vulnerable to a likely collapse of the crypto …
Continue reading “SQ Outlook: Time to Abandon Block Stock or Buy It on Weakness?”
As was widely expected, the U.S. Federal Reserve again raised interest rates, lifting its key rate by 25 basis points to a range of 5% to 5.25%. Interest rates in America are now at their highest level in 16 years. While higher rates might tame inflation in the long run, they are likely to slow …
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Artificial intelligence (AI) stocks are one of the hottest trends of the year, and with good reason. Almost every week, it seems, we see some exciting new development with AI-powered text, images and even animation. But amid the hype, there are a number of overvalued AI stocks that are ripe for a sell-off. AI is …
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Source: ggTravelDiary / Shutterstock.com I have good news and bad news for the owners of Lucid (NASDAQ:LCID) stock. On the one hand, I’m pleased with the company’s decision to launch a unique electric vehicle, as I believe that being unique is one way to succeed in an extremely competitive niche. And there’s no doubt that …
Continue reading “Lucid’s Game-Changing SUV May Be Too Little, Too Late for LCID Stock”
While not the most comfortable topic to discuss, with the fifth month of the year upon us, it’s time to discuss stocks to sell in May. If you’ve been around the market for a while, you probably heard the phrase, “Sell in May and Go Away.” It refers to the underlying month being a historically …
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Source: T. Schneider / Shutterstock Without a doubt, some drivers and financial traders like electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID). However, not everyone expects LCID stock to gain value in the coming months. Lucid Group’s next earnings report, scheduled for May 8, could be a disaster. Plus, Lucid is preparing to launch an electric SUV, …
Continue reading “These 3 Big Funds Are Betting Against Lucid. It’s Time to Join Them.”
