Stock Market Analysis

Stock market analysis

Tesla Stock Price Could Hit New All-Time High This Year

Forget Tech Stocks, Make Profits from Energy Sector in 2021

GameStop Stock Rebounds to $200 on WallSteetBets Buying

Google Shines, But Other FAANG Stocks Underperformed in…

Tesla Make $1 billion in Bitcoin Profit, Elon…

GameStop in Hot Waters, Reddit's Roaring Kitty Says…

Trade Desk Stock Is Too Expensive, Wait for Correction

Trade Desk stock price is down significantly from its all-time high of $970 amid investors profit taking strategy. Despite that, the shares of the digital advertising technology company look significantly overvalued due to the rally of 186% in the last twelve months, pushing the price to earnings ratio to 174 times.

Palantir Stock Selloff is a Buying Opportunity

Palantir stock price lost more than 25% of its value in the past five days alone as investors reacted to a surprise loss in the fourth quarter. Prior to the latest selloff, shares of the software platform rallied more than 250% in the last twelve months, thanks to robust growth in sales.

Gold Down, But One Safe Asset is Rallying

Gold price, which jumped above $2000 an ounce a few months ago and rallied almost 22% in 2020, is now out of demand as investors moved their focus towards risker assets, including stock markets. The price of gold fell close to 6% so far this year with expectations for more drop in the days ahead.

Shutterstock: The Less Know Stock With Strong Momentum

Shutterstock (NYSE: SSTK) share price has outperformed the broader market index last year and the shares are accelerating the gains since the beginning of this year, driven by trader’s confidence in revenue growth and earnings surprises. Moreover, bullish forecasts for the small-cap valued at $3.2 billion are adding to investor's sentiments.

Go Long with ConocoPhillips on Popping Oil Price

The largest US-based exploration and production giant ConocoPhillips (NYSE: COP) could be the best stock pick if you seek to take advantage of increasing oil prices. This is because COP has the lowest breakeven level while the sharp growth in prices would help the company to post big profits in 2021 along with offering hefty dividends.

Reddit Driven Cannabis Stocks Rally Ends in Profit Taking

Reddit-driven cannabis stocks rally ended last week in the most expected way because investors rush to capitalize on massive gains by selling their positions. This is exactly what happens with retail stocks a few weeks ago when Reddit day traders pushed GameStop (NYSE: GME) and other stocks thousands of times higher in a couple of days and then these stocks nosedived after investors started taking profits.

Tilray Stock Flying on Reddit Day Trader’s Hunt

Tilray (NASDAQ: TLRY) stock price grew 50% in a single trading session as Reddit day traders have moved attention towards cannabis stocks and targeting the hot Canadian cannabis producer Tilray over the past few days.

Reddit Day Trader’s Capitalizing on Cannabis Boom

Reddit day traders pushing cannabis stocks higher: Cannabis stocks, which have already been rallying on the back of Democrat's strategy of lifting the federal ban, now started receiving backing from Reddit day traders.

Apple Stock has 25% Upside if Accepts Bitcoin

Apple (NASDAQ: AAPL) stock price has been trading in a tight range since the start of this year and struggling to post big gains despite generating record December quarter sales.

Tesla Will Accept Bitcoin, Price Tops $44.5K

Tesla (NASDAQ: TSLA) founder Elon Musk, who frequently talks about bitcoin, will accept bitcoin as a legal form payment for Tesla products in the near future, disclosed it invested $1.5 billion in the largest digital currency. Tesla ended 2020 with $19 billion in cash and cash equivalents.

Snap Stock Price Prediction: $100 Target is Achievable

Snap (NYSE: SNAP) stock price saw a stunning 250% gain in fiscal 2020, which many believe was supported by pandemic related staying at home policies.

Cannabis Stocks Popping on US legalization, Rosy Outlook

North American cannabis index, which tracks the performance of top US and Canadian cannabis stocks, surged to the highest level in the last eighteen months – driven purely by strengthening fundamentals and aggressive M&A activities in the emerging sector.