Switchback Energy (NYSE:SBE), which will trade as ChargePoint under the ticker CHPT starting next month, is reportedly the unquestioned leader in electric-vehicle charging. That’s why some feel like SBE stock is a no-brainer investment. Source: Michael Vi / Shutterstock.com But is it? As the merger between the special purpose acquisition company (SPAC) and the California-based
Brian Moynihan, CEO of Bank of America, at the Goldman Sachs U.S. Financial Services Conference on December 4, 2018. Michael Newberg | CNBC Bank of America CEO Brian Moynihan is awarding nearly all of his 212,505 employees a bonus for their work during the coronavirus pandemic. Staffers in the U.S. who earn $100,000 or less
Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange Cyclical stocks that do well in a stronger economy are widely expected to lead the market higher this year, but don’t count out big tech stocks altogether — they may provide shelter in any market storm. When the major stocks indices
LLC vs. S Corporation: An Overview Before you start your own business, you have to decide, by law, the legal formation you want for your business. New business owners are confronted with a common debate: LLC vs. S Corp. What are the differences? How will each structure impact your business? An LLC is a limited
In recent months, the surging interest in clean energy, electric vehicle, and battery electric stocks sent FuelCell Energy (NASDAQ:FCEL) to highs not seen since 2018. With no value or profitability, markets are turning a blind eye on fundamentals. FCEL stock is a perfect example. Source: Kaca Skokanova/Shutterstock FCEL stock has only positive momentum and decent
The recent surge in popular cryptocurrency Bitcoin (CCC:BTC-USD) has sparked an increase in other cryptocurrencies’ prices. Right now, Ethereum’s (CCC:ETH-USD) Ether is the second most valuable altcoin and is up roughly 100% in the past month. Source: Shutterstock As such, institutional investors should start looking at Ethereum with similar engrossment as they do Bitcoin —
Shares of special purpose acquisition company Churchill Capital Corp IV (NYSE:CCIV) have been soaring over the past two weeks on rumors that the company is set to acquire premium EV maker Lucid Motors. Such murmurs have been neither confirmed nor denied by either Churchill Capital or Lucid Motors. Still, CCIV stock has more than doubled
Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian. Frank Rumpenhorst | picture alliance | Getty Images Company: Elanco Animal Health Inc. (ELAN) Business: Elanco is an animal health company that develops, manufactures and markets products for companion and food animals. The company provides
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Ford — Shares of the U.S. automaker dipped about 1%, retreating from an all-time high hit in the previous session. The stock jumped 6.2% Thursday following positive comments from
The Internal Revenue Service (IRS) reports that more than 80 million taxpayers use paid professionals to complete and submit their tax returns. If you’re one of them, it is important to organize your receipts, forms, and other documents well before tax time. Your preparer may take information directly from you or ask you to complete a
Advanced Micro Devices (NASDAQ:AMD) is simply too highly-priced for most value investors. This is despite the buy recommendations on AMD stock that most analysts presently hold. Source: Casimiro PT / Shutterstock.com The bottom line is that at $89.45 per share as of Jan. 19, AMD traded for 49 times 2021 earnings and over 8.7 times sales. That
Investing in airlines is a dicey proposition due to the challenging macro-environment. And because of this, some of the more notable airline names on Wall Street like Southwest Airlines (NYSE:LUV) stock have taken a beating. Source: Eliyahu Yosef Parypa / Shutterstock.com That said, International Air Transport Association (IATA) forecasts a massive loss of $38.7 billion
It sounds like a Jeopardy question, or I should say answer … Source: Shutterstock Three “S” industries that can make you rich. What are space, supersonic air travel, and SPACs? The fact that they all start with the same letter may be a coincidence … but it’s no coincidence that they’re the focus of today’s
Wall Street’s most hated stock GameStop surged again on Friday as the massive short squeeze continued to fuel its explosive rally. The video game stock soared as much as 69.4% to a high of $72.88 on Friday, bringing its gains to over 100% this week alone. Trading in the stock was briefly halted due to
Traders work on the floor of the NYSE. NYSE Stimulus euphoria may be waning, but investors will have plenty to focus on in the week ahead, as a blast of earnings news hits, the Federal Reserve meets and new data will show the state of the economy at the end of the year. Stocks gained
Turnover and Mutual Fund Quality Mutual fund turnover is calculated as the value of all transactions (buying, selling) divided by two, then divided by a fund’s total holdings. Essentially, mutual fund turnover typically measures the replacement of holdings in a mutual fund and is commonly presented to investors as a percentage over a one year period.
QuantumScape (NYSE:QS) stock doesn’t rise and fall. It gyrates as if it were dancing in a darkly lit nightclub after having a few too many cocktails. Source: Tada Images / Shutterstock.com While the world suffered through 2020, QuantumScape stock went on a tear in the fourth quarter, gaining more than 600%. Then QuantumScape gave back
Auto stocks have been all the rage in the past year. In fact, electric vehicle stocks have performed so staggeringly well that many experts believe they entered bubble territory long ago. There is clearly a major investing opportunity in next-generation auto technology. But investors are right to be skeptical of stocks like Tesla (NASDAQ:TSLA) and
Ocugen (NASDAQ:OCGN) is a biotech firm that is trying to stay relevant with its latest partnership with an Indian Covid-19 vaccine developer, Bharat Biotech. OCGN stock has risen from well below $1.00 per share at the end of last year to $2.23, as of Jan. 20. Source: Shutterstock The problem is this is a very
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