Zacks Investment Research upgraded shares of CYBIN INC. (CYBN.NE) (OTCMKTS:CYBN) from a hold rating to a buy rating in a report issued on Tuesday morning, Zacks.com reports. Zacks Investment Research currently has $2.25 target price on the stock.
Shares of customer relationship management (CRM) leader Salesforce.com (NYSE:CRM) are rallying back toward their all-time high set last autumn.
The cloud software giant posted financial results that handily beat its own expectations for the second quarter of fiscal 2022 (the three months ended July 2021), and CEO Marc Benioff and his team had plenty of good news to report on continued long-term momentum. This top cloud stock remains a buy in my book following the earnings update for three reasons.
When it comes to the stock market, the general consensus is that cheap stocks are cheap for a reason. However, there are times where a good business or good opportunity is under-appreciated by the stock market.
Those stocks seem to slip through the cracks, even though many of these companies are well-known entities.
Granted, a lot of times cheap stocks fail to pay off. However, we’ve seen more than enough examples where a $15 stock goes to $50 or a $20 stock scores to $75. Are we looking at that opportunity for some of the names below?
Blockchain stocks have been gaining traction amid the current cryptocurrency frenzy. Despite the Securities and Exchange Commission’s (SEC) recent discussion and regulatory warning on cryptocurrencies, blockchain technology has proven its value across broader sectors.
Initially developed to serve as a digital public ledger for recording transactions involving Bitcoin (CCC:BTC-USD), blockchain has expanded its presence into other industries, too. According to metrics by Grand View Research, “The global blockchain technology market size was valued at USD 3.67 billion in....More>>>
We’ve had a great summer buying up my “cheap stock” picks, with gains like 16% on LYSCF – a stock we owned at $4.25 a share. It doesn’t even have to reach 10 bucks, and we’ll have doubled our money, with plenty of upside potential left.
Today’s recommendation could do even better. It’s a stock in a sector that’s red-hot, and in more ways than one, I’d add: steel.
The entire world’s economy is in the process of bouncing back, albeit unevenly, from the COVID-19-powered haymaker it took in spring 2020,....More>>>
Quantum computing stocks are gaining traction as this once-nascent industry is fast evolving. Wall Street is paying increased attention to the segment as companies move from the experimental research phase to developing commercially feasible computers that can solve the world’s most complex problems and revolutionize businesses in many industries. Thus, quantum computing stocks have become a hot item.
Overall, quantum computers offer computational power 100 million times faster than today’s ordinary computers at the moment. They can process more information exponentially....More>>>
As nations push for sustainable automotive technologies, electric vehicle (EV) start-up Fisker (NYSE:FSR) seems like a sure bet for powerful profits. Yet, FSR stock has fallen sharply from its peak price.
WESPAC Advisors LLC boosted its holdings in AbbVie Inc. (NYSE:ABBV – Get Rating) by 82.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,063 shares of the company's stock after acquiring an addition
Chargepoint (NYSE:CHPT) is set to rise to around $31.50 per share according to my calculations, up from its Aug. 20 closing price of $21.26. This is my latest valuation of the electric vehicle (EV) charging company and CHPT stock, based on the company’s latest first-quarter earnings