FuelCell Energy (NASDAQ:FCEL) is really quite a puzzle. FCEL stock gained nearly fourfold from $2.00 at the end of October to $10.20 on Nov. 30. But nothing has happened that deserves that kind of spike. Source: Kaca Skokanova/Shutterstock FCEL in the first half of November was tracking along with Invesco WilderHill Clean Energy ETF (NYSEArca:PBW),
Stocks to sell
It takes a special kind of ugly to stand out for the wrong reasons this year. Yet that’s the ignominy that Luckin Coffee (OTCMKTS:LKNCY) finds itself in. After the lessons from high-profile scandals such as Enron, along with the events leading up to the Great Recession, you’d think that all C-suite executives would at least
As we move closer to a vaccine that will end the novel coronavirus pandemic, several biotech stocks are losing steam. And it’s understandable. Aside from the tech sector, pharmaceuticals have been the biggest beneficiaries of the pandemic. Markets are reacting hyperbolically to any news regarding a potential Covid-19 vaccine. It’s not surprising that Sorrento’s (NASDAQ:SRNE)
When a sector gets hot, it often brings its weakest plays along for the ride. That’s exactly what going on with Ayro (NASDAQ:AYRO) at the moment. So, if you had any interest in AYRO stock, let me be the first to nudge you the other way. Source: Shutterstock After all, electric vehicles (EVs) are an
Investors in hydrogen fuel cell maker Plug Power (NASDAQ:PLUG) have had a great year so far. PLUG stock is up over 730% year-to-date and hit a recent multi-year high on Nov. 24. Its 52-week range has been $2.53 – $28.70. Source: Shutterstock The presidential election season has been the catalyst behind the rally in many alternative
2020 has been a very volatile year for the U.S. stock market. Hyliion (NYSE:HYLN) stock is one example of a stock soaring too fast too high and then declining too fast as well. It lost almost half of its value in less than a month. The Hyliion stock price went from $10 in early June
As you have probably figured out by now, the onset of the novel coronavirus hit some companies harder than others. We can look at American Airlines (NASDAQ:AAL) as a prime example of this. Profound changes in the economy have made it difficult to profit from AAL stock long-term. Source: GagliardiPhotography / Shutterstock.com Sure, it might be
Marijuana companies are surging, and Tilray (NASDAQ:TLRY) is no exception. Though Tilray stock has shown signs of life, it hasn’t shown enough of it. Source: Jarretera / Shutterstock.com Marijuana stocks have been on fire over the past three weeks. It all started with the presidential election. With Vice President Joe Biden set to take the
Even as the novel coronavirus shook the financial services industry, Wells Fargo (NYSE:WFC) watched its market fortunes plummet like a bank vault dropped from a bomber. WFC stock lost almost half its value between late February and late March, a trajectory mirrored throughout the banking sector. Source: Martina Badini / Shutterstock.com But if you think
With a new administration comes stocks to sell, but just when you thought the drama involving the 2020 election was over, Fox News revealed a startling story. Recently, two Los Angeles men were arrested after attempting to submit 8,000 ballot applications in place of nonexistent or deceased U.S. citizens. The effort involved fraudulently attempting to
There has been quite a shift in the energy markets, even before the pandemic turned the world upside down. As such, there are plenty of reasons to avoid energy stocks that just aren’t what they used to be. In 2019, oil hit nearly $63 a barrel. But it had been on a long downward trend
Perhaps the most powerful representation of the novel coronavirus pandemic’s destructiveness came from the oil market. Earlier this year, prices for barrels of crude dipped into negative territory – it made more sense to pay not to take delivery, which of course made no sense at all. Therefore, it’s no surprise that Exxon Mobil (NYSE:XOM)
I have to hand it to the management of fossil-fuel giant Exxon Mobil (NYSE:XOM). Despite all of the issues plaguing the energy sector, Exxon Mobil’s executives seem committed to maintaining the high dividend yield of XOM stock. Source: Jonathan Weiss / Shutterstock.com Is this commendable or just stubborn? That’s a legitimate question as the onset of
Tech stocks have the potential to deliver spectacular returns. Even older companies that fall to the wayside can release a new product that turns out to be a game changer. Investors won’t easily forget about about the once-struggling PC maker that went on to release the iPod and iPhone — becoming America’s first $2 trillion
Shares of Carnival Corporation (NYSE:CCL) are down roughly 27% after canceling its entire U.S. fleet until Dec. 31. With the CDC’s no-sail order expiring late last month, investors felt the cruise liner would quickly get the ball rolling again. However, the opposite has transpired so far, with the company in no mood for a fast
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
Sundial Growers (NASDAQ:SNDL) is a Canadian cannabis company that is fast running out of cash unless sales and cash flow turn around soon. SNDL stock is a penny stock listed on NASDAQ with lots of risks. Serious investors should avoid this stock like the plague. Source: Shutterstock You can see the problems that Sundial is
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,
There’s really one simple question when it comes to Nokia (NYSE:NOK): how many disappointments can investors stomach? The answer at the moment seems to be: at least one more. Source: rafapress / Shutterstock.com After all, NOK plunged after third quarter earnings last month. And it wasn’t just the matter of results in Q3 missing expectations
When I last wrote about Lordstown Motors (NASDAQ:RIDE) it hadn’t yet acquired its current ticker. It was then under its DPHC ticker in its pre-merger stages. At that time what would become RIDE stock looked to be priced perfectly, not that it was correctly priced instead, Lordstown had a price attached to it reflecting ideal circumstances. Source: