Since February, Wall Street can’t see the forest for the trees when it comes to renewable energy stocks. Investors are focused on minor issues while seemingly forgetting that the fundamentals for these equities remain incredibly strong. Over the past ten or so weeks, solar energy stocks have been especially weak. Since the end of January,
As a shareholder of Aurora Cannabis (NYSE:ACB), I’m going to get this one out of the way. This was not one of my brightest ideas. In my mind, I’ve already resigned to the very real possibility that ACB stock will be a tax write-off for me. Still, if there’s any hope for the cannabis firm,
Jeff Bezos and Elon Musk Getty Images Jeff Bezos‘ Blue Origin filed a protest with the Government Accountability Office against NASA on Monday, challenging the space agency’s award of a nearly $3 billion moon lander contract to Elon Musk’s SpaceX earlier this month. SpaceX, in a competition against Blue Origin and Leidos‘ subsidiary Dynetics, was
In this article LYFT NXPI TSLA SNAP A man walks in front of a GameStop store in the Jackson Heights neighborhood of New York City, New York, Jan. 27, 2021. Nick Zieminski | Reuters Check out the companies making headlines after the bell on Monday: Tesla — Shares of the electric vehicle maker slipped 1%
The healthcare sector is an excellent place to find high-quality companies that produce consistent growth over long periods of time. Because of the continuously strong demand for healthcare, there are many blue-chip healthcare stocks that pay dividends to shareholders that grow over time. Healthcare stocks should see growth moving forward, due to a major demographic
The mania surrounding FuboTV (NYSE:FUBO) has long since faded. Trading for as much as $62.29 per share in late 2020, sports streaming and wagering play FUBO stock made a partial rebound during February’s wildness surrounding “meme stocks.” Source: monticello / Shutterstock.com But, since that brief trend fizzled out, this stock has basically collapsed. Now changing
Nio (NYSE:NIO) will release its first quarter sales and earnings on Thursday, April 29, after having pre-released on April 1 the delivery numbers for the quarter. As a result, Nio stock could move higher, especially if the company updates its outlook for the rest of the year. My assessment is that Nio is worth $73.34,
OK, let’s wrap our heads around this one: Ocugen (NASDAQ:OCGN) has a $1.4 billion market capitalization. But its entire pipeline is still in preclinical trials for various ophthalmic conditions. And it’s been around for just over five years. What is going on with OCGN stock? Source: Shutterstock A similar company in the space, EyePoint Pharmaceuticals
Employees bring a television to Steve Steward’s car at a Best Buy store on Black Friday, traditionally one of the busiest shopping days of the year. Crowds are smaller this year due to the increasing popularity of on-line shopping amid concerns about the COVID-19 pandemic. Paul Hennessy | SOPA Images | LightRocket | Getty Images
Aphria (NASDAQ:APHA) stock could be in trouble. The company reported terrible fiscal third-quarter results on April 12, indicating that my negative thesis on marijuana stocks remains very much intact. Source: Shutterstock Moreover, the outlook of Aphria’s merger partner, Tilray (NASDAQ:TLRY), is worsening. Given these points, I recommend that investors sell APHA stock. There are new indications
Stitch Fix reported some disappointing numbers for the quarter and the stock is under pressure.
More than 24.9 million households in the U.S. have Roth individual retirement accounts, which accounted for $1.02 trillion in retirement assets as of 2019, according to the Investment Company Institute. The retirement savings vehicles are funded with after-tax dollars, which means distributions are tax-free. Key Takeaways Roth IRAs are retirement savings vehicles that are funded
Plug Power (NASDAQ:PLUG) stock is completely mispriced. In fact, many hydrogen stocks are ridiculously oversold at this point. Source: Shutterstock At the moment, PLUG stock trades just under its 200-day moving average. It’s also oversold on relative strength (RSI), MACD, and Williams’ %R, which I’d use as an opportunity to buy. With patience, (and greener days
This is my first time writing about C3.AI Inc (NYSE:AI) stock. It seems the big question on investors’ minds is if, or when, to buy AI stock. Source: shutterstock Since soaring well above its IPO price, the stock is trending toward $70 this morning. I found this article by Ian Bezek extremely helpful in understanding
Retail investors can’t seem to get enough of Microvision (NASDAQ:MVIS). MVIS stock, which is up almost 30% in two days, is one of the hottest conversation topics on r/WallStreetBets and other social communities. Anointed as the next “battleground” play, MVIS is a target largely because of the stock’s whopping 18% short interest. With an upcoming
It’s difficult to overstate the importance of artificial intelligence in the current world. Accenture (NYSE:ACN) survey indicates that “3 out of 4 C-suite executives believe that if they don’t scale artificial intelligence in the next five years, they risk going out of business entirely.” Given the potential market size and application across industries, AI stocks
Ideanomics (NASDAQ:IDEX) stock seems to be full of potential — at least if you hear management tell you about it. Source: Videomatic/Shutterstock.com Their story sounds exciting. IDEX is an electric vehicle play. Ideanomics Mobility is already partnering with electric vehicle manufacturers in China. It owns 51% of e-bike company Treeletrik, 100% of an EV charging
A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images With COVID-19 cases surging again around the world as well as growing concerns about the economic reopening, navigating the current financial landscape can be challenging. In this case, the key is to look for
A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming giant’s shares plunged more than 6% after the company reported a big subscriber miss as the demand surge from the pandemic started
When Discovery (NASDAQ:DISCK) quietly rose from a year-long $20.00 to 22.50 range in 2020, few investors talked about it. Between Feb. and March, value investors could not explain Discovery stock breaking out to a high of $78.14. Source: Iftekkhar / Shutterstock.com Only after Archegos Capital imploding on Mar. 28 did markets fully comprehend what drove