Another step in Lucid (NASDAQ:LCID) global expansion took place on Oct. 14. The luxury electric vehicle brand opened its first Canadian studio in downtown Vancouver. It’s now ready to take reservations for Canadians eager to plunk down 105,000 CAD for the Lucid Air Pure. As the company takes its show on the road, owners of…

The big news from Sundial Growers (NASDAQ:SNDL) recently was the Oct. 7 announcement that it is buying Alcanna (OTCMKTS:LQSIF) for 346 million CAD ($277.7 million) in SNDL stock. Source: Postmodern Studio / Shutterstock.com Alcanna is a retailer of alcohol in two Canadian provinces: Alberta and British Columbia. It has 171 locations in the two provinces. It…

Identifying stocks to buy on the dip will always be a winning strategy for long-term investors. So you should always keep some companies on the radar to get long when stock prices become more attractive. Therefore, today’s article discusses seven stocks to buy on the dip in the winter months. JPMorgan Chase (NYSE:JPM) strategist Marko…

Under most ordinary circumstances, a recessionary shock to the economy doesn’t incentivize hypergrowth software stocks. Quite the contrary, investors usually seek protection under such negative implications. Typically, the focus shifts toward stable companies that have boring but indispensable businesses. Of course, the novel coronavirus pandemic has been anything but ordinary. For one thing, the governmental…

Between high inflation, a labor shortage and supply bottlenecks, is the post-Covid “recovery” that gave mid-cap stocks a boost ending not too long after it started? Not so fast. Yes, Rising prices, particularly rising energy prices, could limit economic growth in the coming year. But it may not mean a recession is around the corner.…

Although the company has been around for years, mobile tracking and ad servicing company Phunware (NASDAQ:PHUN) only generated strong trader interest recently. That’s mostly because PHUN stock has been making such strong moves, in both directions. Source: Shutterstock Unfortunately, some folks are buying and selling Phunware shares without really understanding why the company has been in…

Due to of cybersecurity crackdowns by the Chinese government, some investors are reluctant to get involved with Asian stocks in general. That’s a shame, as South Korean e-commerce company Coupang (NYSE:CPNG) has a thriving marketplace and CPNG stock could provide long-term value to the shareholders. Source: Michael Vi / Shutterstock.com While Coupang might not be popular among…

Recovering from their late September hiccup, Microsoft (NASDAQ:MSFT) shares have bounced back. In fact, MSFT stock just hit a new all-time high after the release of its latest earnings report on Oct. 26. Source: The Art of Pics / Shutterstock.com But when it comes to investing in this tech titan, its short-term price performance is…

Let’s be honest. Not every investor loves Chinese companies and stocks right now. Perhaps some investors saw what happened to ride-hailing giant Didi Global (NYSE:DIDI). As a result, maybe they’re afraid to take a position in China-based electric vehicle (EV) maker Xpeng (NYSE:XPEV) because XPEV stock might also tank. Source: Johnnie Rik / Shutterstock.com Yet let’s not…

The fact that the Federal Reserve is contemplating shifting its easy money policies as early as mid-November shows that inflation isn’t as transitory as thought a couple months ago. And that’s great news for energy stocks. When inflation rises, the dollar weakens as interest rates rise. That means it takes more dollars to buy commodities…

The surge and popularity of Bitcoin (CCC:BTC-USD) gave a solid push to Coinbase (NASDAQ:COIN) stock, as the prices of Bitcoin increased, Coinbase saw a rise in revenue and it became the go-to platform for crypto investors. Source: OpturaDesign / Shutterstock.com Soon there were many assets to invest in and Bitcoin was not the only reason people…

In my estimation, investing in Nio (NYSE:NIO) stock remains an excellent opportunity. I don’t say that only because it has risen by 20% in price over the past two weeks. In fact, I’m not very enthusiastic that share prices will continue to rise in the immediate future. Nio has proven volatile over the year. It’s…

Ever since Opendoor Technologies (NASDAQ:OPEN) stock fell to a low of around $14, its rally following its quarterly results is holding. It’s been trading around $24 for the last few days. Source: Tada Images / Shutterstock.com On the chart, OPEN stock triggered a multiple bottom signal between May and August. The bottom is around $15.…

Fintech stock SoFi Technologies (NASDAQ:SOFI) has been on investors’ radar since even before making its public markets debut in June 2021 through a reverse-merger with a special purpose acquisition company (SPAC). Initially, SOFI stock ran up to $24.95, after which bears got the upper hand. Source: rafapress / Shutterstock.com But in August, SOFI shares saw a…

Online-gaming giant DraftKings (NASDAQ:DKNG) has been a growth machine in the past year, expanding its revenue base more than 73%. It has kept up the pace during the first half of the year, growing its top-line by over 250%. Moreover, its plans to acquire Golden Nugget Online Gaming (NASDAQ:GNOG) will accelerate its commercial expansion. Simply…

Everything with Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH) SPAC (special purpose acquisition company) is complicated. When it comes to SPAC stocks, PTSH is just a little different than the rest. Source: Dmitry Demidovich/ShutterStock.com First, Ackman set up the deal with a different structure ($20 par value vs. $10 for other SPACs) compared to others. Then,…

CrowdStrike (NASDAQ:CRWD) still looks like it is worth significantly more. This is based on its powerful cloud security software products that generate huge amounts of free cash flow. My view is that CRWD stock is still worth at least $367.60, as I wrote in my last article on Sept. 9. In fact, it might even…

Time flies, doesn’t it? It’s been over a year and a half since the onset of the Covid-19 pandemic. Yet cruise operator Carnival (NYSE:CCL) still hasn’t fully recovered – and neither has CCL stock, for that matter. Source: Ruth Peterkin / Shutterstock.com In fact, the share price is still 50% lower than where it was in…