These Stocks Are More of a Gamble Than an Investment — and the #1 Is a Reddit Favorite
As with seemingly everything in markets these days, it all ties back to the Reddit Wall Street Bets message board.No, we’re not talking aboutGameStop. Rather, Castor Maritime . The dry-bulk commodities transportation firm was trading around 20 cents earlier this year until it was swept up in momentum as users of the message board recommended the company, sending shares as high as $1.95.The stock was identified as a potential gamble using methodology from recently published research paper—from Al
Apple Stock Is A Strong Buy, Expert Says. Here’s Why
evercore ISI’s analyst Amit Daryanani has been one of the latest Wall Street analysts to publish a report on Apple stock. While he has maintained his bullish rating on the shares intact, he upped the ante and set a Street-high price target of $175 apiece this week – for upside of over 40% from current levels.Today, the Apple Maven looks closer into why the analyst believes Apple is such a strong buy today. I then add the perspective of another bullish expert, who believes Apple’s market value is
Down 15% from its all-time high, the tech-giant's shares look like a good long-term bet.Following big gains for many tech stocks in 2020, lots of these equities have fallen sharply from highs earlier this year. This retracing, of course, may make sense for some tech stocks, as some companies' valuations were likely getting ahead of themselves. But some of them -- particularly shares of the high-qualitytech stockswith strong competitive advantages -- may be oversold.One example of a stock that lo