Perhaps you’re looking for a fintech stock to invest in and hold in 2023. That’s good, but Affirm Holdings (NASDAQ: AFRM) is inappropriate because the company is still grappling with the consequences of pandemic-era over-hiring. I am neutral on AFRM shares because the company’s latest results were underwhelming, and an
It was supposed to be the year of specialty metals. However, palladium is experiencing one of its worst bear markets in history, owing to a slew of uncertainty about inflation and whether central banks responding with ever-increasing rate hikes would tip the global economy into recession. Palladium, a metal principally
The stock market offers no guarantees but here’s a near-certainty: investing in expensive stocks that trade for 100 times revenue will lead to disaster. I’ve warned against 81 of them since 2000. In the next year, 73% of those surveyed lost money and 85% underperformed the Standard & Poor’s 500
Upbeat Despite Consensus Miss Whatever happens to the economy in the next year or two, the ubiquity and appeal of online shopping are not about to go away. This presents a tremendous opportunity for Shopify, whose platform powers around 20% of all live e-commerce sites worldwide, and 28% of e-commerce
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