A year ago, undervalued electric vehicle stocks would have been an oxymoron. The sector was flying high on hope, hype and a ferocious appetite for growth stocks. This year has been a different story, as investors fled to safety and supply chain snags tripped up many in the industry. But there are some bullish signs
Month: October 2022
Nio (NYSE:NIO) has to deal with many of the same issues that other Chinese electric vehicle (EV) manufacturers do. For example, the company has to contend with supply-chain constraints and the challenge of sourcing lithium for EV batteries. On the other hand, an arrangement with a lithium producer may provide an advantage for Nio. That
It is rare to hear any discussion of the stock market without mention of the current economic outlook. The economy is always in flux, with times of booms and times of busts, with many economic analysts and investors always sharing different opinions on when the tide will turn and in what direction. While 2018 marked
Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the
Keith McCullough, founder and CEO of Hedgeye Risk Management, isn’t one to mince words in discussing financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things to say about how the Fed’s rate hikes have ground up stock and bond investors. His investment-research firm’s economic models turned bearish on stocks
In this article GS CCL TWTR ENPH Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesla fell 3.5% after a Tuesday filing confirmed that
There are approximately 50 long-term Warren Buffett stocks to choose from. These range from the highest market value of Apple (NASDAQ:AAPL) at $2.5 trillion to the lowest — Liberty Latin America Class C (NASDAQ:LILAK) — with a value of around $1.5 billion. If you’re familiar with Warren Buffett’s investing style, you know that the Berkshire
Reportedly, Biogen (NASDAQ:BIIB) and Japanese pharmaceutical company Eisai (OTCMKTS:ESALY) achieved positive test results for their Alzheimer’s disease treatment. As you might expect, BIIB stock exploded higher on this news. However, these are early-stage results and prospective investors should read the fine print. Besides, if the good news has already been priced in, then buying now is tantamount
Did you know there are thousands of digital currencies, with more being added every month? Curious new crypto investors need to start by making decisions about how to invest, including how to store their digital assets. Investors will need to evaluate where and how to transact in cryptocurrencies, and whether staking tokens—a way of earning
The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which
The numbers: The trade deficit fell in August to a 15-month low of $67.4 billion, paving the way for a resumption of growth in U.S. gross domestic product in the third quarter. The deficit narrowed 4.3% from $70.5 billion in July, the government said Wednesday. It was the fifth decline in a row. Exports slipped
Tracey Ryniec and Brian Hamilton look at a two mega-cap companies, a technology giant and a top retailer. Cisco: https://www.zacks.com/stock/quote/CSCO?cid=CS-YOUTUBE-FT-VID Home Depot: https://www.zacks.com/stock/quote/HD?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
In this article CS DPZ RIVN Follow your favorite stocksCREATE FREE ACCOUNT R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines in premarket trading
Water is not usually thought of as an exciting or innovative industry. It’s a basic good typically sold at a fairly low cost. And, yet, investing in the best water stocks on today’s list just may change your mind. With economic troubles mounting, it’s not a great time to be taking risks. Water stocks are
As a sensible investor, the last thing you need is drama. Yet, there’s no shortage of it when it comes to electric vehicle (EV) startup Faraday Future (NASDAQ:FFIE) stock. The company is, as we’ll discover, in a capital-poor financial state. Granted, FFIE investors responded well when Faraday Future apparently managed to avoid a lawsuit from a
Value-at-risk (VaR) is a widely used measure of downside investment risk for a single investment or a portfolio of investments. VaR gives the minimum loss in value or percentage on a portfolio or asset over a specific period of time for a certain level of confidence. The confidence level is often chosen so as to give an
First, a confession: As someone who grew up rooting for the New York Mets, I’ve never paid much attention to the New York Yankees, the storied ball club that wears its “Yankee Pride” on its sleeve to a level that I find a little obnoxious. But I’ve been following Yankee outfielder Aaron Judge’s chase to
The Federal Reserve’s aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities if they keep up their action, and not just
In this article F GM TSLA DAL AAL RIVN GILD TWTR Follow your favorite stocksCREATE FREE ACCOUNT Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday
In December 2021, I chose Roku (NASDAQ:ROKU) for InvestorPlace’s Best Stocks for 2022 contest. Since then, it’s been an unmitigated disaster. Shares are now 88% off the all-time high and Roku stock is down 75% in 2022. This is the complete opposite of “stock of the year.” I’ll be completely honest, I just didn’t see