Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) is looking expand its horizons and conquer a well-populated nation. That’s definitely easier said than done, however. Despite Lucid Group’s enthusiasm, LCID stock could end up losing value because of the company’s new international venture. Of course, Lucid Group isn’t the first automaker, or even the first U.S. automaker, to
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A JD.com truck receiving incoming goods and preparing shipments at the Northeast China-based Gu’an warehouse and distribution facility in Gu’an, Сhina. XiXinXing | iStock Editorial | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of the biotech stock dipped 3% after Biogen revamped its board of directors. Three current
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As the stock market stabilizes and inflation eases, it’s a prime moment to uncover undervalued and overlooked stocks with potential. Better, the recent market turbulence has pushed some stocks to lower levels, presenting an opportune time to acquire them at discounted prices. Of course, among the group of overlooked stocks with potential, many investors focus on
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One prominent analyst recently declared that video game retailer GameStop (NYSE:GME) stock is “doomed.” That assessment might sound harsh, but GME stock traders need to consider GameStop’s problems. From frequent executive-level shakeups to dwindling sales, there are multiple reasons for investors to avoid GameStop in 2023. I’ll admit that I recently offered some “to-the-moon” motivation
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The global automotive industry is shifting to electric vehicles (EVs). This isn’t a temporary phase. The market could hit $1.3 trillion by decade’s end. As EV demand soars, many manufacturers join the race. This then leads to EV stocks for retirement ripe for the picking. But here’s a fact: EVs make up just 5% of
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A great way to play contrarian is by selling or shorting stocks that are perpetually bleeding and have little chance of making a recovery. There are many companies like Bed Bath & Beyond (OTCMKTS:BBBYQ) that are delaying their inevitable bankruptcy through share dilution and betting against these stocks can be extremely profitable if you choose
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Nvidia (NASDAQ:NVDA) established itself as a powerhouse for software companies looking to tap into the exponential growth potential of AI and other high-growth technologies. Even better, year to date, the Nvidia stock has surged this year on strong earnings. In addition, Nvidia’s chips continue to hold a strong market share relative to competitors like Intel (NASDAQ:INTC)
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