4 WallStreetBets Stocks to AVOID in April
PLTR – Many investors expect the stock markets to experience another phase of uncertainty in the near term, with Reddit’s WallStreetBets (WSB) community likely looking for opportunities to benefit from a short squeeze by betting on stocks with high levels of short interest. Thus, we think investors must now adopt a more cautious approach in selecting stocks. Palantir Technologies (PLTR), GameStop (GME), AMC Entertainment (AMC), and Sundial Growers (SNDL) are favorites of the WSB community and Wall Street analysts recommend avoiding them now. Read on.
Apr 7, 2021
After hitting a record high lately, stock markets have taken a breather ahead of earnings seasons and the Federal Reserve’s economic outlook. Also, the resurgence of COVID-19 cases in several parts of the world has muted investor enthusiasm. The situation calls for a more judicious approach to stock selection.
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Scoop Up These 4 Top-Rated Gold Stocks Now
KGC – Gold has seen a sharp sell-off following a massive rally since the beginning of the COVID-19 pandemic. The precious metal is expected to return to higher prices as there are still uncertainties surrounding the economic recovery as well as possible inflation. As a result, companies operating in mining and exploration space such as Kinross Gold (KGC), Jaguar Mining (JAGGF), Gold Fields (GFI), and DRDGOLD Limited (DRD) are positioned to see gains.
Feb 23, 2021
Gold investors have been on a roller coaster ride since the onset of the COVID-19 pandemic. It crashed heavily during the initial sell-off and then rebounded sharply to reach record levels. The yellow metal’s price hit an all-time high of $2,070 in August 2020. Thus, gold miners also benefitted.