A High-Priced Stock With an Even Higher Price Target? Judging by its nominal share price, Lam Research Corporation (NASDAQ:LRCX) looks expensive. Lam Research stock trades around $566.00 per share at the time of this writing, so to build a position of 100 shares, you’d need about $56,600. But here’s... Read more
Marijuana Stocks as a Global Market Let’s not mince words, federal U.S. marijuana legalization is an important topic. In fact, it’s easy to argue that it’s the most important future event that pot stock investors ought to be watching out for. And I’d agree. But that doesn’t mean it’s the... Read more
Pot Stocks in Holding Pattern After Reddit Spike Momentum toward marijuana stocks resurfaced with a vengeance after Joe Biden won the presidential election and offered a pathway toward the legalization of recreational pot nationwide. While we haven’t heard about the possibility of federal marijuana legalization yet, the House Democrats... Read more
Applied Optoelectronics Stock Could Be at an Infliction Point on the Chart Technology stocks are currently seeing some weakness following years of outperformance. While the short-term situation looks foggy, I remain long-term bullish on contrarian opportunities such as Applied Optoelectronics Inc (NASDAQ:AAOI). AAOI stock traded at $103.00 in July 2017. The... Read more
Digital Turbine Stock Up 1,586% Year-Over-Year & Just Getting Started I’ve been bullish on Digital Turbine Inc (NASDAQ:APPS) stock for a number of years now. And the company hasn’t disappointed. APPS stock had a big year in 2019, soaring 285%. But 2020 was even better, with Digital Turbine stock... Read more
This Tech Stock Could Be Special Cryptocurrencies, particularly Bitcoin, have been making headlines everywhere. Even people who don’t read the financial news would have heard about the massive crypto rally over the past year. But not everyone is willing to buy Bitcoin. The bulls may have a point—and depending... Read more
Aviat Networks Stock Trounces Broader Market on Strong Financials Aviat Networks Inc (NASDAQ:AVNW) has been taking full advantage of the 5G tailwinds. AVNW stock is up by an eyewatering 673% year-over-year and 96% year-to-date. The best part is that the rollout of 5G technology is just beginning. A developer... Read more
Looking for the Next Big Thing? Read This “5G stocks” has been a buzzword for a few years now. But not every 5G investor is happy with the results they get. When it comes to next-big-thing plays, investors are looking for extraordinary returns. In reality, though, many 5G companies... Read more
Will This Pot Stock Make a Turnaround? To marijuana enthusiasts, the “MedMen” brand should be familiar. The company—MedMen Enterprises Inc (CNSX:MMEN, OTCMKTS:MMNFF)—has a portfolio of some of the most iconic legal cannabis retail stores in the U.S., including locations in Beverly Hills, Venice Beach, downtown L.A., and New York’s... Read more
This Solar Energy Play on Sale at Big Discount The euphoria behind the solar energy trade reached its pinnacle on January 25 when the Invesco Solar ETF (NYSEARCA:TAN) traded at a record high, driven by President Joe Biden’s push for a Green New Deal. But since that high, stocks... Read more
