Meme stocks are some of the most dangerous investments to make right now. In my view, now may be a good time to sell many top meme stocks that have gone on big runs. Of course, investors can always put some “fun money” into these stocks as high-risk gambles. However, I would not recommend chasing the current meme stock rally. Most meme stocks have legacy underlying businesses that are bleeding cash and have negative growth. These companies are unlikely to provide long-term returns. In fact, they
While it is true that technology stocks are leading the market higher, not every tech stock is a winner. As the Nasdaq index continues to hit record highs, many of its components are slumping badly and underperforming. The reality is that for every winner like Nvidia (NASDAQ:NVDA) stock, there are dozens of losers dragging down investor portfolios. The situation seems to have gotten worse following a string of recent earnings reports by tech companies. Shares of several notable names are sliding
BlackBerry Limited (NYSE:BB) Q1 2025 Earnings Call Transcript June 26, 2024 BlackBerry Limited beats earnings expectations. Reported EPS is $-0.03, expectations were $-0.04. Operator: Good afternoon, and welcome to the BlackBerry First Quarter Fiscal Year 2025 Results Conference call. My name is Carl and I’ll be your conference moderator for today’s call. During the presentation, […]