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Hyliion (NYSE:HYLN) stock is one of the SPAC-funded,  electric-vehicle names that have recently hit the markets. Investors know all about Nikola (NASDAQ:NKLA) and its woes. Lordstown Motors (NASDAQ:RIDE) and Fisker (NYSE:FSR) are two of the other EV companies that have obtained funding by merging with a SPAC. But Hyliion stock is not as well-known as
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ElectraMeccanica (NASDAQ:SOLO) stock has caught fire recently, surging from about $2.50 to $9 in less than two months, as Wall Street has grown increasingly bullish on the electric vehicle megatrend. That’s a huge rally. And I’m here to tell you that this jaw-dropping breakout in SOLO stock is just the beginning. There are really two big things
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With Thanksgiving just two days away … I offer you my special “Turkey Day” MoneyLine podcast. Source: Shutterstock It’s one of the most information-heavy and idea-packed shows I have ever recorded. It’s a special thank you to my loyal followers — and a nice little bonus to give you an edge at your holiday get-togethers.
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There’s been a flurry of activity in the electric vehicle space this year. Last-mile delivery specialist Workhorse (NASDAQ:WKHS) is just one of many purveyors of new-generation vehicles. So, why should anyone choose WKHS stock over other investments? Source: Photo from WorkHorse.com That’s a valid question, and we have to scratch beneath the surface to see what’s
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Check out the companies making headlines midday Monday: AstraZeneca — Shares of British pharmaceutical giant AstraZeneca fell more than 3% after the company said clinical trials showed its coronavirus vaccine has an average efficacy of 70% in preventing the virus. Its competitors Pfizer and Moderna previously said their Covid-19 vaccine candidates were more than 90%
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The utilities sector encompasses all companies whose core business involves producing, generating, or distributing basic utilities: gas, electricity, and water. The average debt-to-equity ratio, or D/E ratio, for the utilities sector in the first quarter of 2020 was 0.08. In the fourth quarter of 2018, it reached .15, which was enough for Moody’s Investors Service
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Back in mid-August, I wrote that Evergy (EVRG) was a “plain vanilla” electric utility with operations in Kansas and Missouri. Nothing fancy, it generates, transmits, and distributes electricity to approximately 1.6 million customers. Looking ahead, the future for that type of regulated utility looks even brighter. Unlike many diversified utilities, Evergy is a pure electricity
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Real estate investment trusts, or REITs, manage, own, or operate income-producing real estate. These trusts typically own various residential and commercial properties, including hotels, apartments, warehouses, and others. The primary appeal of REITs is their track record of consistently paying large dividends that increase over time. REITs are often more liquid than traditional stocks as
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Even in the midst of the second — and possibly third — wave of the novel coronavirus, many investors are hunting for a perfect “recovery trade.” Beaten-down banks like Wells Fargo (NYSE:WFC) might seem like a good candidate for an investment. After all, WFC stock is “cheap,” right? Source: Martina Badini / Shutterstock.com The thing is,
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Investing in utilities stocks has, for generations, been thought of as an alternative to owning bonds. Thus, owning shares of NextEra Energy (NYSE:NEE) was considered a safety play as NEE stock has offered consistent returns with a decent dividend yield. Source: madamF / Shutterstock.com As times change, though, so must our investing strategies. In mid-November, it
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Former Federal Reserve Board Chairwoman Janet Yellen Joshua Roberts | Reuters President-elect Joe Biden’s choice of Janet Yellen as Treasury Secretary was seen as a win for markets, since the former Federal Reserve chair should focus on fixing the economy rather than the progressive Democratic agenda feared by some investors. The first woman Fed chief
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