Daily Trade

The market chop continues, although equities were pushing nicely higher on Thursday. Can the market build on its recent momentum? Let’s look at the charts of our top stock trades for Friday.  Top Stock Trades for Tomorrow No. 1: Tesla (TSLA) Tesla (NASDAQ:TSLA) shares were slightly higher on Thursday after reporting earnings on Wednesday after
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Shares of Vertex (VRTX) declined 20% last week after the company announced the discontinuation of VX-814, the company’s candidate for alpha-1 antitrypsin deficiency. The decline seems disproportionate to the perceived value of this program, but it underscores Vertex’s main weakness – its relatively early-stage and unproven pipeline outside of cystic fibrosis (CF). The stock looks
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Prepared by Tara, Senior Analyst at BAD BEAT Investing CSX Corporation’s (CSX) stock has been chugging along as the company is working to get back on track. While things are definitely improving economically, the company is still facing some headwinds, most notably in its coal volumes, and not from general economic pressures. Rail data certainly
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Prescription drug price comparison platform GoodRx (NASDAQ:GDRX) has a noble mission of helping people to locate the medications they need at the best available price. It’s an idea whose time has come, and I’m glad to see that the recent initial public offering (IPO) of GoodRx stock was accompanied by heavy trading volume. Source: II.studio
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Intel (NASDAQ: INTC) is a more than $230 billion technology company that has suffered since the start of the pandemic. As the company’s peers have recovered significantly, the company itself hasn’t performed nearly as well. Almost two months ago, we discussed how Intel should spin off Mobileye. While we maintain the thesis, Intel has chosen
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Back when the novel coronavirus pandemic was at its ugliest in terms of societal and economic impact, most industries looked bleak. With American households hunkering down against an unknown microbiological threat, doom-and-gloom prognostications took on much greater credibility. However, streaming company Netflix (NASDAQ:NFLX) was one of the few obvious winners. After all, when sitting at
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Luckin Coffee (OTCMKTS:LKNCY) has had quite the year so far. Once touted as China’s answer to Starbucks (NASDAQ:SBUX), Luckin has been at the center of perhaps the largest Chinese fraud. The $300 million accounting fraud led to Luckin stock losing 74% of its value this year and its listing on the Nasdaq. However, with a
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It’s been a couple of months since DiamondPeak Holdings (NASDAQ:DPHC) announced its combination with Ohio-based Lordstown Motors. The deal closes Oct. 22. When it does, DiamondPeak stock will change to the symbol RIDE. Source: Shutterstock It’s great news for the people of Lordstown, who saw the General Motors (NYSE:GM) plant close in March 2019 after
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Here’s a pop investing quiz for you: Source: Shutterstock What do these four stocks have in common? Nikola (NASDAQ:NKLA) Axsome Therapeutics (NASDAQ:AXSM) Tilray (NASDAQ:TLRY) Madrigal Pharmaceuticals (NASDAQ:MDGL) It’s a very important answer. Why? Because these stocks all belong to a select group — a group that has been the leader in every bull market for
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