Stock Market Today - Top Stories From Around The Internet - July 12 2021
3 Former Penny Stocks To Watch This Week As Earnings Season Kicks Off
When it comes to penny stocks, the average person is likely trading them. Why would anyone want to invest in penny stocks? They’re high-risk, extremely volatile, and usually involve companies with uncertain futures. The companies in this category are usually either early-stage or ones that’ve fallen on hard times.
Look at many of the penny stocks from last year during the pandemic. You had industry juggernauts that traded at much higher prices fall below the $5 mark. On the other hand, you also had lesser-known names capitalize on the virus to leave the land of penny stocks for good ultimately.
Now, I’ll be the first to say that investing in penny stocks can be hard. The fact that you’d be looking to buy and hold a stock trading for under $5 means small price fluctuations equate to big percentage changes. The $2 penny stock you own now needs to go up by 40 cents to return you a 20% gain. The flip side to that is a move down of 40 cents cuts your position value by 20%. But what if short-term volatility could lead to a massive windfall in just 12 months or less? This has been the case for plenty of penny stocks over the last year.
Momentum Monday – I Can Hear The Money Sloshing Around
Happy Monday everyone. Summer is in full gear. The trading is pretty quiet. From my seat that makes sense. People that have been in the right stocks have crushed it this year and can take some time off. Coal is the best performing asset class so far in 2021. Oil is right behind.
The big tech stocks like Amazon and Google continue to lead the markets and Apple is breaking out. I don’t think people expected to see FAANG (Netflix has lagged) be the leaders this year. The new FTC is young and smart, but very anti big tech, so maybe and all regulation news is good for big tech because they are just so big already and can build what they want. Time will tell...
What Are The Best Stocks To Invest In? 5 Gene Editing Stocks To Watch Now
Finding the best stocks to invest in 2021 is all about understanding the stock market trajectory. With the healthcare space undergoing a genomics revolution, gene editing stocks have been in focus. For those unfamiliar, gene-editing technology is used to insert, edit, or delete a gene from an organism’s genome. The technology may be able to play a part in treating medical conditions ranging from cancer to rare genetic conditions.
If anything, gene editing could potentially unlock the door to treating a wide array of other genetic diseases. Given how rapidly health care is advancing, it would be beneficial to keep tabs on the industry. That’s if you believe these companies are the next game-changers in the space. With so much going on in the biotech space, do you have a list of the best gene-editing stocks to watch in the stock market today?
Top Lithium Stocks To Watch In July
At the moment, lithium stocks are going up in value and electric vehicles are a large contributing factor. At the moment, most electric vehicles are using lithium ion batteries in their cars. This means that as the demand for lithium has increased with the popularity of electric vehicles over time. There are many lithium stocks that have risen to popularity as a result of the electric vehicle growth. Some analysts have predicted that all cars on the road will be electric vehicles in the next few decades.
Lithium stocks are still in a volatile position despite all of the positives going for them. If a better battery technology is created as mentioned before, it could hurt lithium stocks. Right now, lithium stocks are not at an all-time high. But if you look at charts year over year then you will see the exponential growth that this sector has experienced. While many turn to traditional mining stocks like gold and silver, lithium has a lot to offer. So let’s look at three lithium stocks that could make your watchlist in July.
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