Chinese EV giant Xpeng (NYSE:XPEV) recently reported its record June and second-quarter deliveries. It continues to be a dominant name in the EV industry, and with several catalysts in place, XPEV stock will continue creating more shareholder value. With incredible year-over-year revenue growth, the stock still trades at a considerable discount to its peers. Source:
Nio (NYSE:NIO) has had one of the most incredible turnarounds in recent memory. The company’s initial public offering (IPO) was priced at $6 per share, and NIO stock stayed in the single digits following the IPO. Source: Sundry Photography / Shutterstock.com While Nio made a decent case about being able to beat Tesla (NASDAQ:TSLA) in
In neoclassical economics, perfect competition is a theoretical market structure that produces the best possible economic outcomes for both consumers and society. A market that experiences perfect competition may be referred to as a “perfect” market by economists that subscribe to this school of thought. So, some economists use perfect competition as a benchmark to
Call it a safety stock, or an all-weather investment. Through thick and thin, McDonald’s (NYSE:MCD) provides comfort food – and comfort when markets turn sour – as MCD stock is a dividend yielder that’s appropriate for just about any portfolio. Source: Nixx Photography / Shutterstock.com Sometimes people feel that the markets are due for a correction,
Retirees and near-retirees may not need to reduce or eliminate their fixed income exposure out of a concern for higher global inflation and interest rates. I say that not because they’re wrong to believe that higher inflation and interest rates would be generally bearish for bonds. But retirees may be overlooking the bond market of
Oracle (NYSE:ORCL) stock looks even more undervalued than it did in April. At the time, I said this cloud software company was worth at least 30% more than its April 14 price of $76.78. That put the value of ORCL stock at about $100 per share. Today, with its Q4 free cash flow (FCF) up 19%
For most securities, determining investment yields is a straightforward exercise. But for debt instruments, this can be more complicated due to the fact that short-term debt markets have various ways of calculating yields and they use different conventions in converting a time period into a year. Here are the four main types of yields: The
The short-squeeze rally in meme stocks like GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) is poised to go down in financial history books in terms of shareholder gains. However, a short squeeze is only a temporary phenomenon if the underlying business lacks solid fundamentals. This would be true even for GameStop and AMC if their sky-high
It was almost every kind of modern-day financial swindle rolled into one. The mastermind behind an elaborate stolen credit-card scam that used bitcoin, burner phones and digital wallets such as Apple Pay AAPL, -0.42% to swipe more than $600,000 in luxury goods, has been sentenced to three years in federal prison. (Apple was not immediately
Margarita Rodriguez is an early riser, waking at 3 a.m. to prepare for her 4:30 a.m. shift at a Passaic, N.J. delicatessen. But on Thursday, July 15, Rodriguez has something special planned for her morning routine. As soon as she’s up, she’ll check her bank account to see if the Child Tax Credit money for
Zevia PBC, a beverage company that makes zero-calorie and zero-sugar beverages with “clean” ingredients, has filed to go public. The Encino, Calif.-based company plans to list class A shares on the New York Stock Exchange under the ticker “ZVIA.” Zevia expects to offer 14.3 million shares at $13 to $15 each. That would value the
A group of new athletes will join the Major League Baseball family this week as the MLB holds its annual draft. The Pittsburgh Pirates selected Louisville catcher Henry Davis with the first overall pick and the Texas Rangers grabbed Vanderbilt pitcher Jack Leiter — son of retired big league All-Star Al Leiter — with the
Many portfolio managers are increasingly bullish, even with the stock market trading around all-time peaks, according to Citigroup Inc. “Investors want markets to move higher, underscoring the reality that investment professionals are paid to participate and not to sit back and wait for better entry points,” the Citi analysts said in a research note published
Hedge fund founder Anthony Scaramucci told CNBC on Wednesday that the Chinese government’s crackdown on Didi Global, just days after the ride-hailing giant went public in the U.S., is “a direct assault on global capitalism.” “The bad news for the Chinese and the United States now is, if you’re a capital allocator in the United
A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Wells Fargo is ending a popular consumer lending product, angering some of its customers, CNBC has learned. The bank is shutting down all existing
In this article DBX Dropbox CEO Drew Houston and Dropbox co-founder Arash Ferdowsi (C) celebrate the launch of Dropbox’s initial public offering as they ring the opening bell at Nasdaq MarketSite, March 23, 2018 in New York City. Getty Images Company: Dropbox Inc. (DBX) Business: Dropbox is a single organized platform where users can create
Virgin Galactic (NYSE:SPCE) flew Richard Branson into space on Sunday in the first commercial passenger space flight ever, and the voyage was very successful. In response to this event, SPCE stock popped about 7% in premarket. However, it quickly reversed course and is now trading down approximately 14% after the company disclosed it would be
Many analysts believe current stock valuations resemble the dot-com era. The market’s day-to-day movements are certainly turbulent. But in the long run, returns tend to follow somewhat predictable upward trends. Regardless, picking stocks to buy in this environment becomes a tricky proposition. You do not want to be overpaying for a company with little to
It’s fair to say that the plant-based foods craze kicked off in earnest with the rise of Beyond Meat (NASDAQ:BYND). There are other businesses in this niche, of course, but the trading volumes of BYND stock prove that Beyond Meat is the leader in investable and digestible meatless fare. Source: Shutterstock And here’s what’s amazing about
Investing in clinical-stage biopharmaceutical companies can be hit-or-miss. Other companies are advancing Covid-19 vaccines, of course, but Ocugen (NASDAQ:OCGN) is unique and OCGN stock is still highly affordable. Source: Shutterstock Before taking a position in Ocugen, though, you’ll definitely want to conduct your due diligence. Biotech stocks can move fast — and by that, I mean