Plug Power (NASDAQ:PLUG) stock has tumbled 27% this year, down 57% over the last 12 months. Indeed, many short sellers have gravitated to the name because of its high price-sales ratio of 11-times. However, Wall Street, as it tends to do, is focusing on the trees and ignoring the forest. Thus, I think analysts are overemphasizing risks
While not repeating the mantra that electric vehicles are the future can get you into trouble with the sector loyalists, we must at least agree that at least some enterprises deserve the title of worst EV stocks to sell. Fundamentally, while the underlying technology facilitates many opportunities, competition will likely be consolidated. It happened with
As some U.S. hotels hung onto practices they adopted during the coronavirus pandemic — such as eliminating daily cleanings of hotel rooms — the number of hotel housekeepers fell by more than 102,000 last year from pre-pandemic levels, new data shows. The total number of hotel-housekeeping jobs as of May 2022 was 364,990, a 22%
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In this article FANG ANET MGM SYK NXPI Follow your favorite stocksCREATE FREE ACCOUNT A monitor displays Arista Networks Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Aug. 24, 2018. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours
As the overall stock market remains choppy, plenty of investors may be considering which dividend stocks to buy for steady, reliable returns. In the near term, stocks offering average- to above-average yields can produce steady gains in a sideways market. In the long term, stocks that pay dividends can produce strong total returns through a combination of
Some analysts aren’t optimistic about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Why is that? There are various reasons, but the concerns often revolve around Rivian Automotive’s vehicle production and deliveries, compared to the amount of money the company is actually making on those vehicles. If Rivian continues to burn cash and maintain unacceptably low
Arista Networks Inc. shares slipped further in the extended session Monday after the cloud-network company’s said one of its biggest growth drivers could slow down after reporting that quarterly results and outlook both topped Wall Street estimates. Arista ANET shares fell 7% after hours, following a flat day in the regular session to close at
In this article GM JPM FRC Follow your favorite stocksCREATE FREE ACCOUNT A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters Check out the companies making headlines before the bell: First Republic Bank, JPMorgan Chase — First Republic shares
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. It’s been a terrible week for speculators in low-quality stocks. Last Sunday, struggling retailer Bed Bath & Beyond (NASDAQ:BBBY) announced it was entering Ch. 11 bankruptcy. The speed of its wind-down, however, makes it
As investors prepare for a sustained bull run in 2022, following a rocky 2022, it’s imperative to keep an eye on the market and reevaluate one’s portfolio. This involves the identification of the worst stocks to buy now and steering clear of those with red flags and warning signs. A lot has changed in the
People are cutting back on their spending and putting money aside for a rainy day. That’s according to data from the U.S. Department of Commerce released Friday. The personal savings rate — personal savings as a percentage of disposable personal income — rose to 5.1% in March, up from 4.8% in February. And the personal
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The move toward decarbonization and the global transition to renewable energy sources is accelerating. According to the International Energy Agency (IEA), renewable power sources will surpass coal to become the world’s biggest source of electricity generation by early 2025. That makes now a great time to consider buying the best green energy stocks. Furthermore, according
Between macro uncertainty and this year’s banking crisis, it’s no surprise that fintech stocks like Block (NYSE:SQ), after performing poorly in 2022, have continued to underperform thus far in 2023. Despite this, some may be confident that a boost for SQ stock is just around the corner. That is, the company, which owns digital financial
Video game retailer GameStop (NYSE:GME) shifted its focus onto e-commerce and nonfungible tokens (NFTs) for a while. That didn’t work out well. Now, GameStop is returning to its roots with a shift back to brick-and-mortar sales. It will take some time to determine whether this strategy will be successful, however, so now is a time to
By Kwanwoo Jun South Korea’s exports fell, on an on-year basis, for a seventh consecutive month in April on weak global demand, their longest losing streak in more than three years. Exports declined 14.2% from a year earlier to $49.62 billion, following a 13.6% drop in March, according to preliminary data released by the country’s
People are seen at the entrance of the UBS office in London, Britain March 20, 2023. Henry Nicholls | Reuters After identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research
In this article PACW FRC WAL Follow your favorite stocksCREATE FREE ACCOUNT A trader works at the post where First Republic Bank stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, March 16, 2023. Brendan McDermid | Reuters Check out the companies making headlines before the bell
Electric vehicle (EV) sales are picking up. The International Energy Agency (IEA) just released a new report that shows electric vehicle sales around the world rose 55% in 2022 and surpassed 10 million units for the first time. The IEA said that more than 26 million electric vehicles were on the roads in 2022, up 60%