For those seeking stocks that have trounced the market over the past year, the biotech sector might be an excellent place to start. The SPDR S&P Biotech Index ETF, an industry benchmark, has climbed 34% over the trailing-12-month period, nearly three times the gains of the S&P 500. These two drugmakers that have done particularly well for themselves. Moreover, both…
A great way to play contrarian is by selling or shorting stocks that are perpetually bleeding and have little chance of making a recovery. There are many companies like Bed Bath & Beyond (OTCMKTS:BBBYQ) that are delaying their inevitable bankruptcy through share dilution and betting against these stocks can be extremely profitable if you choose the right ones. Some stocks…
The global drone market is taking flight in 2023, with an estimated 38.6% compound annual growth rate from 2023 to 2030, according to data and consulting firm Grand View Research. Global shipments of enterprise drones, or unmanned aerial vehicles (UAVs), are expanding into business sectors from real estate to emergency response to military security and defense. Meanwhile, artificial intelligence and machine learning have…
While the markets continue to face macroeconomic headwinds, I still believe that now is a great time to buy some of the most undervalued penny stocks and growth stocks. As an observation, the, the S&P 500 index has trended higher by 11% for year-to-date 2023. However, during this period, several growth and penny stocks have delivered multi-bagger returns. For example,…
Chris sits down with Jesse Day of the Vancouver Resource Investment Conference to explore, through the lens of technical analysis, the answers to the following questions: What are the different stages that the stock market goes through, and how do investors prepare for this? What strategies should the average investor be using in current market conditions? What strategies should they…
Depending on who you are, AI is about to change everything all at once or nothing at all. Since the release of art-bot AIs like DALL-E and chatbot AIs like ChatGPT, some observers have rushed to dub this the dawn of a new age. Occasional enthusiasts have literally compared the invention of AI to the industrial revolution or even the invention…
HTG Molecular Diagnostics (HTGM) stock is falling on Tuesday after the company announced a Chapter 11 bankruptcy filing. According to the filing, HTG Molecular Diagnostics will operate as a “debtor-in-possession” business during the bankruptcy. It’s also seeking a variety of first-day motions that will allow it to continue normal operations. To go along with that, the filing also accelerates the…
Today, Blue Apron is seeing a bunch of red on the screen with APRN stock. The company just made a reverse split announcement. Any time a company issues a reverse split, that’s a signal to the market that all is not well. Most exchanges have mandatory stock price minimums that companies are required to maintain to keep their listing. If…
Imagine walking into a virtual world where you can battle mythical creatures, design magnificent cities, or solve intricate puzzles. That’s the realm of the entertainment sector, specifically, video game stocks. Video game companies design, develop and sell video games, a form of entertainment that has exploded in popularity over the past few decades. Today, they are a multi-billion dollar industry…
Just today, artificial intelligence (AI) tricked me. I was listening to YouTube when a great cover of “Goodbye Yellow Brick Road” by Paul McCartney caught my attention. The only catch? Sir Paul has never recorded the song — it was an AI creation. Yet, I, a Beatles mega-fan, couldn’t tell the difference. The world is changing, and AI is a…