Northern Oil and Gas (NOG) Fell This Week. Here is Why.
An aerial view of an oil and gas platform in the middle of the ocean, representing the massive resources harvested by the company. Northern Oil and Gas, Inc. (NYSE:NOG) is the largest publicly traded, non-operated, upstream energy asset owner in the United States that engages in the acquisition, exploration, development, and production of oil and natural gas properties. Northern Oil and Gas, Inc. (NYSE:NOG) fell this week after Mizuho lowered the stock's price target from $33 to $32, while maintaining a 'Neutral' rating on its shares. The analyst expects the NOG to lower its capex budget and volume guidance for 2025 on reduced activity. However, it must be mentioned that at the same time, Piper Sandler raised its price target for Northern Oil and Gas, Inc. (NYSE:NOG) from $30 to $31. This was primarily due to the analyst's long-term bullish outlook for the natural gas sector, especially following the announcement of a $90 billion investment in power and data center buildout during the recent PA Power and Innovation Summit. While we acknowledge the potential of NOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Oil and Gas Dividend Stocks to Buy Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None.
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Yahoo
12 minutes ago
- Yahoo
Is Investing in "The DORKs" a Good Idea Right Now?
Key Points The DORK stocks -- Krispy Kreme, Opendoor Technologies, Rocket Companies, and Kohl's -- are getting attention. Each of these companies is losing money, but trading volume is spiking. 10 stocks we like better than Krispy Kreme › There's a new investing trend out there. Well, perhaps "newish" is the best way to put it, because to my eyes this is just a recycling of the meme stock fad that swept through the markets four years ago. That didn't end well for a lot of people, and I have similar expectations for this one. The stocks feeding into this trend are known as DORK stocks -- an acronym for the stock tickers of Krispy Kreme (NASDAQ: DNUT), Opendoor Technologies (NASDAQ: OPEN), Rocket Companies (NYSE: RKT), and Kohl's (NYSE: KSS). Just as in the meme stock boom of old, some of these companies are seeing wild changes in price and valuation for no good reason. But the trading volume is up as investors' interest is piqued. If the DORK stock name isn't enough to scare you off, then perhaps a closer look at the companies would do it. However -- and I can't stress this enough -- investing in DORK stocks seems to be a really bad idea. If you're itching to try it, here's what you should know. Hype isn't a realistic strategy First, let's take a look at the companies. Krispy Kreme makes great doughnuts, but I'm not willing to say it's a good investment today. Opendoor, which operates a digital platform that allows people to sell their houses, is linked closely to Rocket Companies, which allows people to apply for mortgages and manage their money. Kohl's is a struggling big-box clothing retailer. Krispy Kreme saw first-quarter revenue drop by 15% from a year ago, and posted a loss of $33.4 million and an earnings per share loss of $0.20. Opendoor's Q1 revenue dropped by 2%, to $1.2 billion, and the company posted a net loss of $85 million. Rocket saw its Q1 revenue drop 25% from a year ago to $1.03 billion, and posted a loss of $212 million. And Kohl's saw net sales for the first quarter drop 4.1% to $3 billion. Like other DORK names, Kohl's was in the red for the quarter, posting a loss of $15 million. So, the DORK stocks, at least today, are officially losers. But there are a few meme-type catalysts that are pushing them into the public eye, such as short interest. Rocket and Kohl's both have more than half of their outstanding shares shorted, while Opendoor has more than 30%. All of those numbers are incredibly high. When investors short a stock, they're betting that the price will go down, so there's a lot of money out there betting that these names will drop. Retail investors can lap up additional shares in hope that hedge funds that are betting against a stock will find themselves squeezed and have to sell at a higher price -- similar to the infamous short squeeze of GameStop in 2021. We're back to 2021 I know there are lots of retail investors who enjoyed the 2021 meme stock fad that included names like GameStop, AMC Entertainment, and BlackBerry. I wasn't one of them. In fact, I wrote pretty stridently against investing in meme stocks, because I see it as a sure way of losing money over the long term. When you're trading on pure momentum without a solid underlying business, you're just asking to lose your money. Some of the DORK stocks are already showing major volatility. Kohl's, which normally has a trading volume of 13 million shares, saw 209 million shares traded on July 22. The stock price jumped 120% over a two-day period, but has since lost nearly all those gains. Opendoor became hot when a hedge fund manager put a price target of $82 on the stock, which had been struggling to remain at more than $1 and avoid potentially being delisted from the Nasdaq. Now Opendoor is up 380% in the last month (although at this writing, it still trades for less than $2.50 per share). The stock saw massive trading volume of 1.8 billion shares on July 21 and 1.07 billion shares on July 23. (Its average volume is only 164.8 million shares.) Krispy Kreme's shares haven't been as volatile (probably because the short interest is comparatively low). But it still had more than 152 million shares trade hands on July 23, compared to its average trading day of 8.2 million. Rocket Companies also saw action July 22 and July 23 as more than 51 million shares changed hands each day, versus the company's average trading volume of 15.4 million shares. But the reality is that you can't time the market, and many more people lose money than win trades with meme stocks. Because short-term stock prices are a product of supply and demand, you can't predict how a stock price will move -- and if you guess wrong, you could sustain some big losses. How to invest My advice is to hold back. There are hundreds of better choices than a meme stock, and you should instead be looking for names with good fundamentals, decent profit, and a sustainable business model. But if you are determined to invest in DORK stocks, hedge your bets. Invest responsibly, with only a small part of your portfolio that you are willing to lose. You never want to overplay your hand, particularly with volatile investments -- and those include DORK stocks. Should you buy stock in Krispy Kreme right now? Before you buy stock in Krispy Kreme, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Krispy Kreme wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool recommends BlackBerry and Rocket Companies. The Motley Fool has a disclosure policy. Is Investing in "The DORKs" a Good Idea Right Now? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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The Impact of President Trump's Trade War May Be Worse Than You Think
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Texas Lawmaker Files Recreational Cannabis Legalization Bill
A Texas lawmaker has introduced a bill to legalize marijuana as the legislature reconvenes for a ... More special legislative session called by Gov. Greg Abbott. A Texas lawmaker last week introduced legislation to legalize recreational cannabis for adults. The measure, HB 195, was filed in the Texas House of Representatives by Democratic Rep. Jessica González on July 24. González filed the new bill as the Texas legislature met in a special session called by Republican Gov. Greg Abbott. The governor called for the special session last month to renew deliberations on several issues from this year's regular legislative session, including the regulation of hemp products marketed for human consumption. HB 195 Legalizes Weed For Adults If passed by the legislature and signed into law, HB 195 would legalize recreational marijuana in Texas for adults aged 21 and older, online cannabis news source Marijuana Moment reported on Thursday. The measure would allow adults to possess up to 2.5 ounces of cannabis, including up to 15 grams of marijuana concentrates. Adults would also be permitted to share the same quantities of cannabis, provided such exchanges are not advertised, promoted or paid for. Adults would be permitted to keep up to 10 ounces of cannabis at home, although amounts over 2.5 ounces would have to be kept in a locked or secured area. The measure does not legalize home cannabis cultivation, however. Legislation Authorizes Regulated Sales Of Recreational Marijuana The legislation also legalizes commercial production and sales of recreational cannabis, which would be regulated by the Texas Department of Licensing and Regulation (DLR). The agency would be tasked with issuing licenses for cannabis growers, transporters, testing facilities, processors and retailers, beginning no later than November 1, 2026. The Texas Commission of Licensing and Regulation, which oversees the DLR, would be responsible for drafting regulations to govern the cannabis industry. The bill mandates the adoption of regulations covering several issues, including requirements for child-resistant packaging. Marijuana product packaging would also be required to be labeled as cannabis and would be barred from resembling the packaging of commercial candy products. The commission would also be required to develop regulations for a track-and-trace system to monitor cannabis products as they travel through the supply chain. The legislation also mandates rules covering the security of cannabis facilities, restricting dangerous pesticides, and the advertising and display of cannabis products. HB 195 also mandates the distribution of taxes and fees collected from the legal cannabis industry. The DLR would receive 10% of revenue to oversee and administer the state's legal cannabis program. Another 10% would go to the Texas Department of Safety to oversee cannabis laboratory testing, while 20% would go to municipalities and counties with at least one licensed cannabis business. The remainder of revenue collected would be earmarked for the Texas Education Agency's Foundation School Program. The Texas State Capitol in Austin. Bill Gives Local Governments Some Control Over Cannabis Businesses Cannabis businesses would only be permitted in jurisdictions where the local government has authorized commercial cannabis activity. Local governments would also be allowed to set rules governing the number, operating hours and location of cannabis businesses in their jurisdiction. The legislation allows property owners to ban cannabis smoking on the premises. However, bans on other forms of cannabis consumption, cannabis possession or marijuana paraphernalia are not permitted. The bill does not legalize consuming cannabis in a motor vehicle, watercraft or aircraft. Consuming cannabis in a public place would also remain illegal except in areas authorized by local governments. Texas Cannabis Activists Laud New Legalization Bill Heather Fazio, director of the Texas Cannabis Policy Center, applauded the introduction of HB 195. 'As we continue the conversation about hemp regulation, we appreciate Rep. Gonzalez's bill to simply legalize and regulate cannabis across the board,' Fazio told Marijuana Moment. 'Her bill cuts to the chase: cannabis should be legal for adult use. Not more arrests. No more criminal records. And no more confusing policies. Just safe, legal cannabis in Texas.' HB 195 is awaiting assignment to a legislative committee in the Texas House of Representatives. If the measure is passed and signed into law, Texas will join the 24 states that have legalized recreational marijuana. Last month, lawmakers significantly expanded the state's medical cannabis program, making the Lone Star State the 40th state to adopt comprehensive medical marijuana legalization.
