RE:article by Motley FoolPoet gadgets are gadgets within gadgets.
The technology maybe as earthshaking to some, to others it is just tech support.
That is Poets problem.
What people do understand though is, Orders and Sales over the last Quarter. Not promises of sales around Q3 maybe, if nothing goes wrong.
We sure got the news, but is was just a mere confirmation of another years delay. Big wonder the excitement subsided.
HayField wrote: 2 Top Stocks Under $7 Offering Huge Returns in 2023 (msn.com) (I like the Huge Returns part of the title - we are being noticed! Onward and Upward ... especially if POET gives us the big news that everyone expects)
POET Technologies
Another company that rose and fell during the 2020 boom was POET Technologies (TSXV:PTK). Poet stock remains in a similar position to WELL stock, however. It simply was the right stock at the right time, and now the reverse is true.
I could go into everything that POET stock does, but I’d rather get into what it’s involved in. The company provides semiconductor support and tech for industries that will continue to need them for the foreseeable future. This includes everything from medical devices to virtual reality systems.
As a Canadian chip stock, I would certainly keep my eye at least on POET stock right now. It promises a big future, though you may have to wait a bit longer than WELL stock in this case. That being said, it currently trades at just $6.73 per share as of writing, so even a small stake could do great things.
And especially as shares are still down about 29% in the last year alone. So if you’re looking to invest $5,000 today and see shares return to 52-week highs, that could turn your portfolio into $10,141.95!