It’s trading for around $5.50 per share as of this writing. ![]() But thanks to the success it’s had so far with its turnaround efforts, Nokia has made a partial recovery. Since tanking shortly after its short-lived days as a meme stock? It hasn’t made it back to its highs. As you likely recall, last winter shares in this Finland-based telecom equipment maker went “to the moon,” soaring from $4 to as much as $9.79 per share. Like NAKD stock, NOK is another name that’s ranked high among meme investors and Robinhood investors alike. Robinhood Stocks to Buy: Nokia (NOK)Ī backdrop featuring the Nokia (NOK) logo with a mobile phone featuring the Nokia logo on its screen in the foreground However, as it makes progress closing this deal, and if meme enthusiasm returns to NAKD stock? This low-priced name, trading for around 75 cents today, could zoom back to prices well above $1 per share. At least, compared to the tremendous one it received during “meme stock madness.”ħ Cryptos That Could Move Over 10 Times Higher That said, so far, the planned Naked/Cenntro tie-up hasn’t given this stock much of a boost. Similar to the deal, in which that company transformed into Greenidge Generation (NASDAQ: GREE) via a reverse merger deal, this is another merger deal that will turn a popular yet not very exciting company into a “hot” growth play. This deal is just one example of an interesting trend that has started to play out among low-priced names. With this deal, this stock will go from lingerie play to EV play in the blink of an eye. That would be its new plans to merge with privately held Cenntro Automotive Group. However, more recently, something else has been driving attention to NAKD stock. Initially, its popularity among retail investors was sparked by the intimate apparel company’s divestiture of its brick-and-mortar business, and plans to become an e-commerce pure play. Penny stock Naked Brand Group is a name that ranks high on both the “Robinhood stocks” and “meme stocks” lists. Continued success with its EV pivot, plus news of it starting to recover from the global chip shortage, could send it well into the $20s per share. So, after its incredible run since early 2020, why is it still worth buying? There’s plenty of upside still left on the table at $19.75 per share. Not bad for a company sporting a total market capitalization of $79.1 billion. Well, as an investor in the venture, holding a 12% stake, based on the current RIVN stock price, its stake is worth around $17.8 billion. The dividend-related boost makes sense, yet you may be wondering why the Rivian IPO bodes well for Ford. Other factors, such as news of it reinstating its dividend, plus the Rivian (NASDAQ: RIVN) IPO, have kept it on an upward trajectory. As the “old school” Detroit automaker began to unveil its plans to pivot toward making just electric vehicles (EVs), investor enthusiasm went into hyperdrive. Then starting in 2021, things really started to accelerate. So, which $25 per share or less Robinhood stocks are worth a look? Consider these seven, ranging from “old-school” Fortune 500 mainstays, to speculative penny plays:Īfter tumbling to under $5 per share during the coronavirus crash, Ford shares made a slow-and-steady recovery during 2020. With lower stock prices, and high investor attention, they stand to make outsized moves on any positive news. InvestorPlace - Stock Market News, Stock Advice & Trading Tipsħ Dividend Stocks to Buy for 2022 and Hold ForeverĪlthough this investing platform enables you to buy fractional shares, it makes sense why you may want to focus on the lower-priced ($25 per share or less) ones instead. ![]() For example, several much-discussed, low-priced penny stocks, as well as stocks in industries such as cannabis. On top of this, there are quite a few names you could classify as being in the “meme” category. Mostly, due to investors/traders looking for exposure to a post-Covid recovery of the travel industry. This list of equities is also more travel industry heavy as well.Īirlines like American (NASDAQ: AAL) and cruise line operators like Carnival (NYSE: CCL) rank high on the list. Think tech giants like Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN). Included in it are some of the largest, most well-known stocks out there. Unlike its 2021 meme counterpart, this group is a much wider mix of publicly traded names. That’s true among both Main Street and Wall Street investors. The “meme stocks” trend may have eclipsed it, but stocks popular among traders who use Robinhood (NASDAQ: HOOD), aka “Robinhood stocks,” remain some of the most-talked about ones out there.
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