/biz/ - Business & Finance

Can somebody explain why stocks that aren't shitstonks in penny stock pit dump like shitcoins while shitcoins like chainlink are getting billions of dollars in less then a week? Who is moving all this money around to worthless projects when you can get quality companies paying financially healthy dividends?

Personally I think clorox is a very overlooked stock now. They recovered from the dotcom bubble in less then 5 years, weren't affected by the housing crash, and kept growing through the late 2014 shale peak. Also trading at 2018 pre covid levels. Gives very high dividends and grows in value unlike CDs. If thats not fair valuation I don't know what is.

Anyone in utility stocks? My national grid got hammered bad yesterday. Anyone know why? Was on a bullrun through covid.

Sold my gains from owens corning. Trying to understand why building materials stocks would be pumping like a tech stock. Commercial REITs safer then the FUD? Where is all the demand for composites and roofing material going? Are we going to see commercial REIT players upgrade their properties? BND looks spicy to me. University eggheads are urbancucks so trapping them in places like philadelphia seems profitable. PHDcels love their bland high tech building campus.

For third place, I have google. Google is a software giant, a real profit machine in the 2000s and 2010s. But the dotcom darling and household name just isn't on the same level as apple and microsoft. Its core product the search engine has been dropping in quality, digital advertising has expanded beyond google search, they have taken a bit of a backseat, its not 2005 anymore, and their CEO doesn't look as promising as satya. But they have a portfolio of powerful software, maps, docs, gmail, and their presence in software libraries is insane. I dont doubt google, a strong middle of the pack company that could turn around with better management.