Thus, Reddit's stock is up more than 160% this year. I honestly wasn't expecting such a rise, and maybe I'm a little disappointed that I didn't buy a few shares after the IPO. I wouldn't buy now though, as I don't see why $RDDTstock should rise in the long term.
📉 American automotive industry under pressure! 🚗🌎 The news that Donald Trump plans to introduce 25% tariffs on goods imported from Canada and Mexico has sent shockwaves through the markets. Shares of companies like General Motors $GM and Stellantis $STLA plunged by more than 8 %, while smaller players like Ford and Toyota have seen more modest losses.
What do you think about the development of Rivian shares?
Shares of $RIVN are up more than 15% in the last 5 days, but overall the stock is down more than 40% so far this year. I still see quite a bit of potential in this company, I won't be investing in it, but I will definitely continue to follow the company's progress.
Fiserv: Payments technology leader and growth stock of the year
Fiserv Inc $FI, a company focused on payment technology, has seen its stock grow significantly this year, up 67%. Key factors in this success include the successful acquisition of First Data and the growing popularity of its Clover platform , which supports the digitization of payment solutions for small and... Read more
Thus, Reddit's stock is up more than 160% this year. I honestly wasn't expecting such a rise, and maybe I'm a little disappointed that I didn't buy a few shares after the IPO. I wouldn't buy now though, as I don't see why $RDDTstock should rise in the long term.
What's your take on Reddit?
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IPOs are interesting opportunities, but I wouldn't buy now. Revenues and earnings are up, but the valuation and P/E are very high.
Michael Burry and his investment in three stocks with great potential
📉 American automotive industry under pressure! 🚗🌎
...The news that Donald Trump plans to introduce 25% tariffs on goods imported from Canada and Mexico has sent shockwaves through the markets. Shares of companies like General Motors $GM and Stellantis $STLA plunged by more than 8 %, while smaller players like Ford and Toyota have seen more modest losses.
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I think$GM is a lost business and I wouldn't invest in it. $STLA is more interesting, but I don't have their stock in my portfolio either.
What do you think about the development of Rivian shares?
Shares of $RIVN are up more than 15% in the last 5 days, but overall the stock is down more than 40% so far this year. I still see quite a bit of potential in this company, I won't be investing in it, but I will definitely continue to follow the company's progress.
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The price is not bad and the company certainly has potential, but I am waiting for better results and then I would possibly buy.
Fiserv: Payments technology leader and growth stock of the year
Fiserv Inc $FI, a company focused on payment technology, has seen its stock grow significantly this year, up 67%. Key factors in this success include the successful acquisition of First Data and the growing popularity of its Clover platform , which supports the digitization of payment solutions for small and...
Read more
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Looks pretty good, however the stock is up a lot right now so I would wait to buy.
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