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If you’re wondering which communication stocks short sellers are targeting, look no further. The communications sector is a tough place to make money these days. Technological upheaval, shifting consumer tastes, and a difficult financing environment have made the industry volatile and a favorite of short sellers who capitalize when a stock declines. Well-known stocks of
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If you invested Tesla (NASDAQ:TSLA) at the beginning of 2024, you’re probably pretty disappointed right now. Maybe you’re hoping for a spectacular recovery, though. That’s your decision to make, but after weighing the evidence, we’re still maintaining a “D” grade for Tesla stock with a large dose of caution. We’ve already warned you that Tesla CEO Elon Musk
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SoundHound AI stock (NASDAQ:SOUN) has a rapidly growing business, promising technology, an impressive list of customers, and an investment from Nvidia (NASDAQ:NVDA). Moreover, SOUN’s partnership with Nvidia could eventually generate a great deal of revenue for the smaller firm, tremendously lifting Soundhound AI stock in the process. On the other hand, however, SoundHound’s valuation remains
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Palantir Technologies stock (NYSE:PLTR) started out serving the defense and intelligence sectors by providing comprehensive data analytics products. Back then, Peter Thiel was at the helm of the firm. Nowadays, Palantir has broadened its horizons to servicing customers in healthcare, energy, and finance industries with both on-premises and cloud software solutions. At the end of 2023,
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Back when interest rates were low and speculative fervor ran high, video-game retailer GameStop (NYSE:GME) was a darling among meme-stock traders. Those days are gone, however, and the hope of a full recovery for GameStop stock is fading fast. Frankly, it’s “game over” for GameStop’s investors in 2024. GameStop is a relic from the era of physical console
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The United States economy is showing robust signs of growth, with the latest data indicating faster expansion than previously estimated. Strong consumer spending and increased business investment are key drivers, leading to higher profits and a more stable economic landscape. Despite concerns about recession and inflation, the economy continues to outpace global peers, demonstrating resilience
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What has been the top-performing stock so far of 2024? If you had said server installer Super Micro Computer (NASDAQ:SMCI), that would be a great answer. Louis Navellier’s AI bet has surged 260% this year over AI excitement. Sezzle (NASDAQ:SEZL) would have been an even better response. This fintech startup has risen 280% since January.
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The big money might be feeling a bit queasy about overexposure to risk-on assets, presenting a framework to follow regarding the best stocks to buy in April. As I’ve mentioned many times before, technology-related securities saw an outflow recently of $4.4 billion. That was the largest ever outflow over a one-week period. Effectively, the dynamic communicates
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