Stock Talk
Stock of the day: Big Bear.ai Holdings (BBAI)
This speculative penny stock has been catching a lot of eyes ever since they announced a somewhat open ended government contract with GSA.
https://finance.yahoo.com/news/bigbear-ai-awarded-gsa-oasis-130500181.html
Such a contract opens the door for BBAI to support various agencies in the government with direct task orders. With the new administration focused on efficiency, BBAI could be seeing a lot of new AI related business. Speculation that BBAI stock will run like Palantir (PLTR) and the section of traders and investors that made PLTR soar on just ten cents earnings are flocking to BBAI as the next big thing. In addition, the meme group seems to be involved. If BBAI can breach over the $5 a share mark it seems that it may fly as the momo kicks in as more investors, traders and real institutions clamor to get in. Key word : "seems". Since "seems" is a speculative word on a spec stock, the word "some", if any, may apply. Still, one may ask -- Could BBAI be the next meme stock to soar like PLTR did? (Some signs point to it).
In other stocks...
Some of the Quantum computing stocks highlighted here like RGTI, QUBT have enjoyed amazing quadruple runs higher. These stocks have now attracted short sellers and critics of the perceived early growth stage but lack of actual earnings. Even TV personality Jim Cramer admitted he missed it but doesn't like the current valuations. For the time being, even the typical "Cramer effect" where a stock can soar or crash on his words was short lived.
This points to a sector such as the meme people that are ignoring fundamentals and going for potential growth. The story of Quantum is a very compelling development in advancing AI in more power efficient ways than legacy systems, even driven by NVDA chips. For how long the stories can hold up in terms of the companies delivering on the potential remains to be seen. QUBT has a lot to prove in early January after the shorts cast shade on their photonic chips plans. This makes it volatile in what can be a scary, if in too deep. RGTI already produces their own Quantum chips in California. Photonics has advantages of low heat and lower energy needed but the questions are growing if QUBT can deliver. This site does not give buy / sell advice so all I can say is after a quadruple run higher - you're on your own. Maybe RGTI has a more stable outlook but that is more of a question than a statement.
As stock watchers have seen, things can change fast in spec stocks that have
high growth prospects - but have not yet attained earnings.
MO , Steady earnings and high dividend to reinvest.
KGC , Gold mining with steady earnings and a divy too
PR, starting to "pop"? on easing natural gas restrictions. Oil and Natural gas co in the Permian basin of America.
KTOS
- starting to accumulate 5 or 10 shares in a dollar cost average
basis here and there may pay off as a growing defense contractor in
military drone systems and satellite communications. It seems an
important mission to produce drones that can accompany fighter jets in
mission critical tasks. Elon Musk on the doge team seems to think so.
One thing on KTOS - suggest not to go "all in " when a key insider sold
his half on some news.. But maybe accumulating 5 or ten shares, on
dips here and there while it floats in the 20's could be a good move in
the long of it. KTOS seems to be a potential growth stock in the area
of well-needed American defense to keep up.
If you dare ... Stay tuned and aware ....
For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. In all - we use the word maybe "some", not "too much" and play it accordingly. Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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