Proceed With Caution When Considering These 5 Ultra-Popular Stocks
Whether it's a new company promising the "next big thing" or a more recognizable business announcing some surprising news, it's easy for investors -- especially inexperienced ones -- to be seduced by the allure of popular stocks.
But smart investing demands that investors examine businesses thoroughly and have the wherewithal to not follow the pack simply because a stock is enjoying a bit of celebrity. Therefore, it's best to tread carefully when it comes to these popular names: Cameco (NYSE:CCJ), ChargePoint (NYSE:CHPT), Lucid Group (NASDAQ:LCID), Plug Power (NASDAQ:PLUG), and Rocket Lab USA (NASDAQ:RKLB).
Joining the in-crowd, Cameco, a leading uranium mining company, has found some newfound celebrity recently thanks, in part, to the popular subreddit WallStreetBets. The stock is one of the most widely discussed stocks among the Reddit …
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