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The Latest Breaking News from Mangeet Kaur BounsMangeet

BBIG Stock Is Gaining Popularity, but Does That Mean It's a Buy?

Vinco Ventures (BBIG) has come into the spotlight recently due to its short-squeeze-driven rally despite possessing weak fundamentals. Is this meme stock a buy because of its increasing popularity among retail investors? Read on to find out….

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3 Meme Stocks to Avoid No Matter What Anyone Says

The meme craze is back again, following a pause for a few months, as evident from the short-squeeze-driven rallies of several struggling stocks lately. As the stock market is expected to remain highly volatile in the near term, we think investors should shun fundamentally bleak meme stocks Robinhood Markets (HOOD),…

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1 Internet Stock to Buy Before Its Next Big Breakout

Leading travel company Tripadvisor (TRIP) seems well-poised to benefit from robust pent-up demand in the travel industry in the post-pandemic era. Moreover, TRIP reported better-than-expected results in the second quarter of fiscal 2022, and analysts seem bullish about the company’s growth prospects. Hence, we think it could be wise to…

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Think Nordstrom Is Hot? 1 Retail Stock That's Even Better

Many investors are currently focusing on Nordstrom (JWN) due to its top-line growth, improved profitability, and progress in its strategic initiatives. However, the company slashed its full-year 2022 guidance amid slowing demand and inventory issues. So, given DDS’ strong fundamentals, bright growth prospects, and attractive dividends, we think this retail…

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1 Stock with an Excellent Track Record to Buy Now

Leading grocery retailer Kroger (KR) reported robust second-quarter financials and raised its full-year guidance. The company’s diversified business model positions it well to stay resilient during the current uncertain market conditions. Moreover, the company has increased its quarterly dividends by 12.9% CAGR over the past five years. Thus, we think…

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Should You Buy SoFi Stock Now or Wait?

Shares of financial services company SoFi Technologies (SOFI) have plummeted more than 60% in price year-to-date, aggravated by the recent FedEx warning spurring recession fears and causing a broad sell-off in fintech stocks. However, given Biden’s announcement on lifting the student loan repayment moratorium, is it wise to buy the…

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3 Stocks You Shouldn't Go to Meme Extremes for in 2022

Meme stocks gained massive popularity last year after their short-squeeze-driven rallies despite possessing weak fundamentals. After a pause for a few months, the meme craze has recently returned, with several struggling stocks soaring to unsustainable prices. However, amid uncertain market conditions, it could be wise to avoid fundamentally weak meme…

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This 1 Stock Pays You Just for Owning It

Leading pharmaceutical company Pfizer (PFE) did exceptionally well during the pandemic thanks to the high demand for its COVID-19 vaccine, and it still has enough growth prospects. The company’s focus on strengthening its pipeline via business acquisitions, product development, and approvals is expected to deliver impressive growth in the upcoming…

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1 Underperforming ETF Every Investor Will Want to Avoid Right Now

Cathie Wood’s ARK Investment Management’s flagship fund ARK Innovation (ARKK), has dropped more than 56% in price year-to-date, as its tech stock holdings have been hard hit amid the broader market sell-offs on concerns over rising inflation, aggressive interest rate hikes, and a potential recession. Hence, we think investors should…

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3 Stocks to Avoid Even Though They're Ultra Popular on Wall Street

With the Federal Reserve’s hawkish stance to fight sky-high inflation and increasing odds of recession, fundamentally weak stocks may struggle to stay afloat in the near term. Thus, we think shares of NVIDIA (NVDA), Snap (SNAP), and Avaya Holdings (AVYA), even though they are ultra-popular on Wall Street, could be…

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Buy This Pullback Stock Before It's Too Late

Leading chip-maker Micron (MU) is currently trading more than 40% below its 52-week high, beaten down by worsening chip demand, rampant inflation, and recession concerns. However, the company reported solid financials in its last quarter. Moreover, it is well-positioned to deliver strong performance owing to the solid long-term demand outlook…

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1 Stock That Could Help Brighten up Your Portfolio

Market-leading industrial technology company Acuity (AYI) mainly focuses on its portfolio expansion through innovation while keeping up with the market trends. It also returns capital to shareholders through share repurchases and consistent dividend payments. Despite the global supply chain issues and uncertain market conditions, the company reported strong financial results…

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Forget SOFI Stock! Try This Other Financial Stock Instead

Shares of SoFi Technologies (SOFI) are down more than 60% in price year-to-date. The company has reported poor second-quarter financials. So, instead of SOFI, we think it may be wise to invest in fundamentally sound financial stock Forrester (FORR) with significant upside potential. Continue reading….

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MULN: Things Don't Look Pretty Under the Hood for This Stock

Automobile manufacturer Mullen (MULN) generates zero sales and has incurred massive losses since the inspection. The stock is currently trading nearly 95% below its 52-week high. Moreover, MULN is expected to face lingering issues, including increasing competition, strict government regulations, supply chain constraints, and high inflation. So, the company might…

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1 Energy Stock That Makes a Great Addition to Your Portfolio

Leading Oil & Gas company APA Corporation (APA) reported impressive second-quarter financials, and the stock has gained in double digits so far this year. The company is well-positioned to witness solid growth in the upcoming quarters, driven by its diversified portfolio, strategic acquisitions, and sustained energy demand. So, we think…

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1 Stock to Store in Your Portfolio Right Now

IT pioneer Pure Storage (PSTG) delivered solid financial results in the second quarter of fiscal 2023, driven by an expanding portfolio of its industry-leading products and services. Moreover, analysts are bullish about the company’s near-term prospects. Given its diversified business, robust financials, high profitability, and solid growth prospects, it could…

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3 Falling Stock to Think About Selling Short Right Now

Worries about sky-high inflation, the Federal Reserve’s hawkish stance, and recession prospects have spurred market sell-off lately. Moreover, investors expect increased market volatility as analysts cut down their earnings estimates. Given the uncertain market conditions, fundamentally weak and losing stocks Snap (SNAP), Allegiant Travel (ALGT), and Cardiff Oncology (CRDF) could…

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NERV Stock Is on the Move, but Is It a Buy?

Biopharmaceutical company Minerva Neurosciences (NERV) delivered considerable losses in its last quarter. Investors are increasingly concerned about the company’s massive debt burden and increased cash burn. Despite its limited earnings growth prospects, the stock has gained more than 260% over the past month because the company submitted an NDA for…

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Cathie Wood Doubled Down on This Biotech Stock, Should You?

Biotech company Ginkgo Bioworks’ (DNA) top-line growth didn’t translate into bottom-line improvement in its last quarter. The stock is currently trading approximately 84% below its 52-week high, and analysts expect the company to report significant losses in the fiscal 2022 and 2023. However, since renowned investor Cathie Wood has recently…

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Stay as Far Away as Possible From This Meme Stock

Outdoor cooking company Weber (WEBR) reported deteriorating third-quarter financials. Moreover, the company has suspended its quarterly cash dividend and withdrawn its fiscal 2022 net sales and earnings outlook, as high consumer prices and other uncertainties are crushing in-store and online traffic and margins. While the stock witnessed a short squeeze-driven…

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Is SoFi Stock a Buy as Biden Forgives Student Loans?

Financial services company SoFi Technologies (SOFI) reported disappointing second-quarter financials, and the stock is currently trading more than 75% below its 52-week high. Furthermore, analysts are bearish about the company’s earnings growth prospects. However, given Biden’s announcement of student loan forgiveness and an end to the loan repayment pause, is…

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3 Stocks to Prepare Your Portfolio for the Next Black Swan Event

Black swan events are world-changing events that are rare and unpredictable and have outcomes with devastating effects. These events have severe implications for financial markets and investment portfolios. While investors cannot predict a black swan event, it could be wise to prepare your portfolio by investing in high-quality stocks, such…

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1 Stock That Continues to Outperform the S&P 500

Software giant Microsoft (MSFT) reported robust fourth-quarter financials. The company is well-positioned to capitalize on the continued transition of businesses to cloud platforms. The tech stock has outperformed the S&P 500 over the past five years. And in addition to market-beating price returns, MSFT has raised its dividend for 17…

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Cathie Wood Is Building up Her Stake in This Stock. Should You?

Digital health company Butterfly Network (BFLY) reported a year-over-year increase in revenue in the last quarter, but its bottom line declined significantly. Moreover, its near-term prospects look bleak as analysts expect the company’s loss to widen in the coming quarters. However, since Cathie wood has recently loaded up shares of…

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1 Energy Stock Investors Are Buying up Like Crazy

Oil & Gas company Energy Transfer (ET) reported impressive second-quarter financials and raised its fiscal 2022 full-year guidance. Moreover, the company is well positioned for considerable growth in the coming quarters, driven by strategic acquisitions, partnerships, and continued energy demand. Given ET’s high dividend yield, many investors are scooping up…

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