Uber Technologies (NYSE: UBER) is trading close to its highest point this year but it’s still far from the 2021 peak. Can it get there in the next 12 months? Wall Street analysts believe so. Analyst target price sees a 27% gain Uber has a ‘Strong Buy’ rating from 31 analysts in the past three…
With all the recent controversies surrounding companies like Disney, Target and Bud Light, one financial firm decided to take the matter into its own hands — and file for an ETF. Tuttle Capital Management filed with the Securities and Exchange Commission (SEC) on September 5 for an ETF called Tuttle Capital Inverse Socially Conscious ETF…
GameStop (NYSE: GME) is trading at post-meme stock levels. Can it hold the line and mount another offense or is it doomed to fall? One Wall Street analyst believes that GameStop stock is likely to suffer more losses within the next 12 months. One analyst’s target price sees a 66% loss GameStop has a ‘moderate…
Apple (NASDAQ: AAPL) stock gained 5% last week after an impressive performance of 51% returned to investors year-to-date. Can the stock move higher and finally break above the $200 mark this year? New iPhone is about to launch Apple holds over 57% of the US smartphone market share, meaning every second American has an iPhone….
Walmart Inc (NYSE: WMT) is trading at an all-time high above $160. Can it keep breaking new highs or is a pullback coming? Wall Street analysts believe that Walmart stock has more fuel to push to new heights within the next 12 months. The average analyst target price sees a 10% gain TipRanks analysts have…
A short squeeze is when traders who heavily short a stock start to cover their short positions by buying back the stock. This increases demand for the stock, and it pushes the price higher, forcing other short sellers to buy back. The more a stock is shorted, the bigger the squeeze when it happens. This…
Costco Wholesale Corp (NASDAQ: COST) has had a decent run this year, making new highs within the past 12 months. However, after reaching a peak in July, the stock has since pulled back. Are new highs in sight for Costco? Wall Street analysts believe that COST stock is likely to move higher within the next…
Tesla (NASDAQ: TSLA) stock made an impressive 10% gain in one week. This comes on top of the stock’s stellar performance of 138% year-to-date. But what drove this last week’s surge and can it happen again in September? Tesla cut prices on some of its models As China’s electric vehicle (EV) competition heats up, Tesla…
Trading a short squeeze is a popular strategy because the stock price can go beyond real valuation. The way it works is traders borrow a certain stock, they sell it with the hope of buying it back cheaper and returning the stock to the lender. However, when millions of shares are bought back, it’s likely…
Small-cap stocks are trading at low valuations compared to large-cap S&P 500 stocks. With the chances of recession lowering, this could be a good time to load up on ‘riskier’ plays. Finbold analyzed on August 31 the best stocks under $10 in terms of growth potential and selected the two most promising stocks. Archer Aviation…