Bill Ackman tweeted on March 15 that he gave his entire stake in Coupang (NYSE:CPNG), the South Korean e-commerce company that went public on March 10, to three charitable organizations, including the Pershing Square Foundation. The move indicates the billionaire investor believes in the future of CPNG stock. Source: Ki young / Shutterstock.com It also
Stocks to buy
The recent growth sector meltdown at the hands of a bond market selloff and spiking U.S. Treasury yields has created some golden buying opportunities in the stock market, mostly because this “yield surge” is temporary while the fundamentals underlying many now-cheap growth stocks have long-term staying power. One such golden buying opportunity is in digital
Despite the negative impact of the novel-coronavirus pandemic on dating, Bumble (NASDAQ:BMBL) recently reported very strong fourth-quarter results. The company’s excellent performance validates the unique approach of its Bumble app. Given these points, I continue to believe that BMBL stock remains very attractive. Source: XanderSt / Shutterstock.com Meanwhile, I’m upbeat about Bumble’s growth strategies, and
Founded in 2010, AgEagle Aerial Systems (NYSE:UAVS) got its start manufacturing fixed-wing drones for the agricultural market. In 2019, however, it expanded into custom drone design and manufacturing for commercial delivery. That’s where the UAVS stock story gets interesting. A penny stock since 2018, UAVS caught fire in 2020 on rumors that it was developing a
Opendoor Technologies (NASDAQ:OPEN) stock is still very undervalued when compared to Zillow (NASDAQ:Z), its main competitor in online real estate sales and purchases. Source: PREMIO STOCK/Shutterstock.com The company recently produced its year-end results and I am able to update my analysis of OPEN stock. I found that the stock is at least 46% undervalued when compared
The semiconductor industry enjoyed an excellent 2020, despite the pandemic. It has come out stronger and continues to enjoy the bullish run. California-based Nvidia (NASDAQ:NVDA) has enjoyed a top position in this industry over the past year. The company sells semiconductor components for artificial intelligence, gaming, automobiles, and data centers. In this article, I’ll outline
Marathon Digital Holdings (NASDAQ:MARA), the Bitcoin mining company, announced its earnings Tuesday for both the fourth quarter and 2020. But it also updated the market on the amount of cash and Bitcoin it held as of March 15. As a result of the company’s decision to hold all the Bitcoin that it mines, expect MARA
Cyprus-based company Castor Maritime (NASDAQ:CTRM) was founded in 2017 and is known for shipping dry bulk goods internationally via its own vessels. Some traders like to flip CTRM stock for quick gains, evinced by the stock’s heavy daily trading volume. Source: Pavel Kapysh / Shutterstock.com It’s fine to trade the stock for the short term, but
If you’re over a certain age – and most of us here are –you’ve likely caught more than a few withering OK Boomers from millennials over the past few years. Source: Shutterstock If you’re not familiar with “OK Boomer,” that’s the two-word dismissal of the whole debate between generations. It suggests that the conversation around the
Admittedly, Bilibili (NASDAQ:BILI) is an unusual name, but this Chinese digital entertainment company could turn out to be a great investment. If you’re not familiar with BILI stock, then consider putting this one on your radar. Source: rafapress / Shutterstock.com I covered this company a while ago, and I made a bullish call on BILI stock, while
Like most high-growth stocks, shares of Tattooed Chef (NASDAQ:TTCF) have been hammered in recent days. However, TTCF stock remains a good investment for investors wanting to take advantage of the broad-based healthier eating trend. Source: margouillat photo / Shutterstock.com The stock seems to have hit a strong resistance level at the $25 price range and
Fiverr (NYSE: FVRR) was a clear winner in 2020. The stock has had a massive run for investors lucky enough to invest last year. FVRR stock rose close to 10x from a May 2020 price of roughly $25 to a high of more than $300. Compare FVRR stock returns with the S&P 500 index’s roughly
Data mining company Palantir Technologies (NYSE:PLTR) had a difficult month. Palantir shares have lost more than 45% of the value after hitting an all-time high of $45. With the IPO lockup period expiring, several executives sold off shares, bringing the PLTR stock to under $27. Source: rblfmr / Shutterstock.com The company reported a strong fourth quarter
The growth stock meltdown of late February and early March has created some compelling buying opportunities. One such opportunity is in one of my favorite small-cap growth stocks, healthy energy drink maker Celsius (NASDAQ:CELH). Back in early September 2020, I told subscribers of my financial newsletter The Daily 10X Stock Report — which is aimed at delivering
Most investors know how badly Carnival Corporation’s (NYSE:CCL) management team and shareholders are looking forward to a return to normal. Indeed, the incredible downside move in CCL stock from over $50 per share pre-pandemic to lows of under $8 a year ago cites the concerns the market previously had with this company staying afloat in these
The rise of the gig economy has been a boon for FVRR (NYSE:FVRR) stock, a platform that connects business to a global network of freelancers. Source: Temitiman / Shutterstock.com Following the 2008 recession, gig jobs were are largely dispersed with 97% of freelancing happening offline. Micah Kaufman, the founder of Fiverr set out to change
To say the world changed in the last 12 months is a massive understatement. How we think about things is fundamentally different, thanks to the coronavirus pandemic. It’s those changes, however, that create new investing opportunities, such as one that exists today with CrowdStrike (NASDAQ:CRWD) stock. Source: VDB Photos / Shutterstock.com Since Covid-19 was declared a
Airlines didn’t do much flying last year, but carriers like American Airlines (NASDAQ:AAL) still show signs of a strong rebound. According to many analysts, this is the perfect time to add some airline names like AAL stock to your portfolio. Source: GagliardiPhotography / Shutterstock.com Why? With the worst of the pandemic behind us, the sector
I can see the skepticism toward CrowdStrike (NASDAQ:CRWD) coming a mile away. Yes, CrowdStrike stock has retreated about 15% from last month’s highs. That pullback hardly makes the stock cheap. Source: VDB Photos / Shutterstock.com CrowdStrike stock remains one of the most expensive in the market. It trades at 711x (yes, seven hundred and eleven
Earlier this month, Citigroup (NYSE:C) opined that Bitcoin (CCC:USD-BTC) is at a “tipping point.” Citi believes that the crypto can become a preferred currency for international trade or face “speculative implosion.” I personally don’t have an extreme view. I believe that Bitcoin will gradually see wider acceptance in the coming years. It might not be