Month: May 2021

For multiple reasons, I believe that Skillz (NYSE:SKLZ) stock looks to be meaningfully overvalued at its current levels. Therefore, I recommend that investors sell this name. Source: Dean Drobot/Shutterstock.com I’m not at all convinced that the popularity of esports in the U.S. will ever become strong enough to come close to supporting the current, high
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The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines in midday trading.  Square – The payment company’s stock rose more than 6% after the company’s first-quarter earnings topped
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AT&T (NYSE:T) continues to face strong pressures on multiple fronts and the company’s longer term outlook appears to be particularly negative. As a result, I recommend that investors sell T stock into its recent strength. Source: Jonathan Weiss/Shutterstock Although AT&T reported better-than-expected first-quarter results on April 22, driven by  the strength of its mobility business,
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Server Nioka Mantilla arranges items in the buffet at the DoubleTree by Hilton Hotel on Penn Street in Reading, Pennsylvania, Friday morning May 7, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images The stunningly disappointing April jobs report shouldn’t be taken as an indictment against the fast-moving economic recovery but shouldn’t
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What’s new with IBM stock? IBM (NYSE:IBM) announced a milestone in semiconductor manufacturing yesterday. Now, the company is able to produce chips that are just 2 nanometers thick. Source: shutterstock.com/LCV On top of that, IBM CEO Arvind Krishna recently joined the White House and members of Congress in endorsing the Endless Frontier Act. The bill
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The transformation from petrol and diesel vehicles to electric vehicles is an important part of the global push towards cleaner energy. Electric vehicle stocks have outperformed traditional automakers in the last year. It’s very likely that pure-play electric vehicle company stocks will remain outperformers. However, almost all automakers are making a gradual shift towards electric
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The global electronic vehicle (EV) industry is rapidly growing and is flooded with companies focusing on climate change. As countries across the world begin reducing carbon emission and increasing sustainability, EV manufacturers are making the most of the moment. One such automaker is Fisker (NYSE:FSR). FSR stock gained recognition and popularity when the company unveiled its
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CNBC’s Jim Cramer said Tuesday he owns ether, the world’s second-largest cryptocurrency by market value. “I’ve got a lot of ether,” Cramer said on “Squawk Box,” explaining he initially acquired it in order to bid on nonfungible tokens, or NFTs, being auctioned in March by Time magazine. “I didn’t get it, so I just kept
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