The Weekly Buzzing Stocks by Billy Kawasaki The Original BARK Company BARK-N TOP PICK Sep 16, 2021

It was a SPAC late last year when it surged to $20, but then SPACs rolled over since then, and this dropped last week to $8. Today, it rebounded 5% with the stay-at-home rally. BARK serves dogs through monthly subscription offerings, including a personalized meal deliveries and wellness products.

Allan Tong’s Discover Picks The BARK stock next reports on August 9, but its current gross margin is 60%. Barkbox went public as BARK on the NYSE in a SPAC it launched right before last Christmas. During SPACmania, BARK quickly leapt from $12.65 to $18.50. However, BARK was later painted as a pandemic play and, even worse, suffered as SPACmania cooled off this year. Just two weeks ago, BARK dipped below $8. However, in June, three analysts initiated buy signals at an average price target of $15.33. Before you back up the truck, though, consider that a major fear among pet adoption agencies is that dog adoptions will decline during this reopening. Also, being a new stock, BARK’s earnings are negative, the company pays no dividend and being a small-cap it is prone to price swings. Read The Disney Stock (DIS) is coming back, Blizzard Stock is a Sell (ATVI) and the new BARK Stock as a speculative buy. for our full analysis.