Companies that went public via direct listing are beating the market average – and anything that beats the market deserves a closer look. Last week, Warby Parker, the e-commerce eyewear retailer, announced plans to go public via direct listing – the 11th company to do so. What’s beating the market? Direct listings Spotify made waves…
Read moreInvestors get defensive with tobacco stocks — Altria’s eye-popping 7.4% dividend
What might be more addictive than tobacco is the sweet 7.4% dividend yield paid by tobacco giant, Altria. But some investors might have to quit cold turkey. On September 9th, the FDA will announce which vape products can stay on the market – deciding the fate of hundreds of tobacco companies in the process. The…
Read moreCybersecurity stocks to benefit as big tech plans big spending
Biden is calling all the help he can get to deal with America’s most pressing issue – cybersecurity. Last Wednesday, top US business leaders met with President Joe Biden to discuss strengthening the nation’s networks – with tech companies committing billions to the issue. “The issue of the decade” Due to the high-profile attacks this…
Read moreWhat does the fed tapering mean and how will it impact the stock market?
Can the economy swim on its own? We’re about to find out. Last week, the market saw one of its biggest recent corrections over fears the Fed would take away the economy’s life jacket — which kept it afloat during the pandemic. The economy’s life jacket When the pandemic hit and the economy crashed, the…
Read moreDare to invest in Chinese stocks? Focus on these sectors…
Just like that, 4 years of Alibaba (NYSE:BABA) gains vanished in less than a year. On Aug 11, China released a five-year blueprint detailing plans to regulate the Chinese economy — confirming investor fears that the crackdowns won’t be ending anytime soon. Meaning, more pain to come. Putting the “common” back in common prosperity Chinese…
Read moreLegal tech stocks are disrupting the legal industry
Disco’s dead, but legal-tech is just getting started. CS Disco (NASDAQ:LAW), which provides much-needed automation to the legal services industry, is up 25% since going public in July. But there are a couple questions investors should be asking… Law firms are stuck in the 80’s The law industry has been historically slow to adopt technology…
Read moreZipRecruiter, the online job marketplace, is benefiting from the hiring crisis
Look no further, Rachel Green. ZipRecruiter, the online job marketplace, will take it from here. Zip’s stock price shot up over 23% since going public in May – but the company really earned everyone’s attention after releasing skyrocketing sales numbers in its earnings report. Quick returns after a slow recovery Unemployment rates skyrocketed to nearly…
Read moreArrival stock: The electric bus maker stands to benefit from Biden’s infrastructure bill
With the current bus infrastructure looking as durable as a cardboard box, it’s safe to say it’s in need of an overhaul. Arrival, the UK-based commercial EV company developing electric buses, recently went public via SPAC. And the transportation industry is knocking at its door. Modern buses made in modern factories As more of the…
Read moreLightspeed stock: The company with Shopify-like ambitions
Just like Homer Simpson, Lightspeed is here for small businesses. The Canadian software company with roots in the restaurant industry saw its sales explode and its stock price with it — rising 300% over the past year. Now, it’s set its sights on a bigger market. Every small business’ hero Similar to its Canadian counterpart,…
Read moreElectric vehicles growth to set off another industry: the Lithium battery recycling market
There are two options when it comes to used electric vehicle batteries: throw them in the trash and deal with Recyclops, or recycle. With electric vehicles forecasted to make up 58% of total vehicle sales by 2040, we’re about to see a lot more batteries in the market. EVs: Zero-ish emissions The electric vehicle industry…
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