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) .
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Proceed With Caution When Considering These 5 Ultra-Popular Stocks