Tag Archives: WISH

ContextLogic Needs Multiple Quarterly Wins to Make It a Buy

The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for speculators, who thrive on trading volume.

Source: sdx15 / Shutterstock.com

What events have hurt ContextLogic’s prospects and what will it mean for the rest of the year?

WISH Stock Hurt by Bad News

On July 2, WISH announced that its Chief Financial Officer, Rajat....More>>>

7 Discord Stocks Investors Are Pumping Higher

Back in the analog days, boiler rooms cold called everyone from the neighbor across the street to a grandmother scraping by on a meager pension, all to pump publicly traded securities that had little chance of succeeding — except for those that got in early. Today, social media platforms like Discord do away with high-pressure sales tactics. But are so-called Discord stocks worth your while?

For those that followed the phenomenon of meme trades through Reddit, the answer is a resounding yes. Thanks to introducing the concept of short squeezes to the hungry masses, several down-and-out....More>>>

ContextLogic Needs Multiple Quarterly Wins to Make It a Buy

The shining momentum for ContextLogic (NASDAQ:WISH) came and left in a hurry in June. Meme traders, where traders depicted stock buys with an image and a few words, lifted WISH stock. After ContextLogic posted results on August 12, any positive momentum all but evaporated. That is bad news for speculators, who thrive on trading volume.

Source: sdx15 / Shutterstock.com

What events have hurt ContextLogic’s prospects and what will it mean for the rest of the year?

WISH Stock Hurt by Bad News

On July 2, WISH announced that its Chief Financial Officer, Rajat....More>>>

Top Heal Care Stocks To Invest In 2023

Shares of Johnson & Johnson JNJ, +2.18% slumped 0.35% to $166.01 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.37% rising 1.14% to 3,719.98 and the Dow Jones Industrial Average DJIA, +2.47% rising 1.12% to 30,523.80. Johnson & Johnson closed $20.68 below its 52-week high ($186.69), which the company achieved on April 25th.

The stock underperformed when compared to some of its competitors Tuesday, as Roche Holding AG Part.....More>>>

NAKD Stock Holds Steady, But There’s a Long Road Ahead

Now that we are a few months removed from the start of meme stock mania, the time is ripe to make an objective assessment of some of the major heavy hitters. For instance, Naked Brand Group (NASDAQ:NAKD) stock benefited greatly from the momentum earlier this year and has a one-year return of 72%.

Source: NazarBazar/Shutterstock.com

But as time goes on and the impact of the meme trend evaporates, every company, including Naked Brand, will need a long-term growth story to have sustainable success.

This is where things can get a bit tricky.

NAKD has taken the....More>>>