Due to a combination of several factors, Pfizer’s (NYSE:PFE) vaccine for the novel coronavirus, by itself, may not ever move the needle a great deal for PFE stock. Source: Manuel Esteban / Shutterstock.com On the other hand, over the long-term, Pfizer’s collaboration with German vaccine developer BioNTech (NASDAQ:BNTX), which developed the mRNA-based coronavirus vaccine with
Lidar (light detection and ranging) tech specialist Luminar (NASDAQ:LAZR) has certainly made its presence felt in the markets in 2020. As you may recall, LAZR stock more than doubled in a week after its Dec. 3 debut on the Nasdaq Exchange. Source: Shutterstock Clearly, LAZR stock has been a big hit among traders. It’s also favored
With Wall Street warming up to Electrameccanica Vehicles (NASDAQ:SOLO) and the car maker indicating that the demand for its three-wheeled vehicle has been strong, I continue to recommend that longer-term investors buy SOLO stock. Source: Luis War / Shutterstock.com In recent weeks, a number of research firms have issued glowing notes on SOLO stock. And
Check out the companies making headlines before the bell: Alibaba – The China e-commerce giant saw its shares plunge for the second straight session overnight to their lowest level since June. Alibaba announced it was increasing its share buyback program to $10 billion from $6 billion, but the move failed to ease concerns about a
Gross Profit vs. Net Income: An Overview Two critical profitability metrics for any company include gross profit and net income. Gross profit represents the income or profit remaining after the production costs have been subtracted from revenue. Revenue is the amount of income generated from the sale of a company’s goods and services. Gross profit
Sometimes the Street’s “conventional wisdom” is totally wrong. For example, it far overestimated the longer-term impact of the coronavirus on the economy, not to mention the oil and aviation sectors. But there are times when the Street’s majority makes the correct call. I believe that the apparent widespread pessimism about Doordash (NYSE:DASH) is one of
Pfizer (NYSE:PFE) is in the news lately for the rollout of its Covid-19 vaccine. However, much of the earnings from vaccines is already taken into account by the market in the Pfizer stock price already. Source: Manuel Esteban / Shutterstock.com Nevertheless, Pfizer is worth at least 20% more based on its dividend yield history as
As nations seek new pathways to a cleaner future, ambitious companies like FuelCell Energy (NASDAQ:FCEL) have opportunities to grab market share of the green-energy niche. Investors, meanwhile, can participate and profit by owning shares of FCEL stock. Source: Kaca Skokanova/Shutterstock Yet, not everyone’s convinced of this stock’s value proposition. Or, perhaps some investors have witnessed the
The current year has been active for the initial public offering (IPO) market. As a matter of fact, three of the ten biggest technology IPOs have happened in fiscal year 2020. That said, this includes the December 2020 IPOs of DoorDash (NYSE:DASH) and Airbnb (NASDAQ:ABNB). And they are some of the best IPOs of 2020.
Nikola Corporation rang the Nasdaq Closing Bell remotely from across the world. Source: The Nasdaq Check out the companies making headlines midday on Monday: Nikola — Shares of the electric-vehicle maker rose nearly 6% after a JPMorgan analyst said he sees a “less drama-filled” news flow for the company in 2021. “We expect Nikola to
While borrowing from your life insurance policy can be a quick and easy way to get cash in hand when you need it, there are a few specifics to know before borrowing. Most important, you can only borrow against a permanent or whole life insurance policy. Term life insurance, a cheaper and suitable option for many people, does
At this point, buying shares of Hertz (OTCMKTS:HTZGQ) is akin to moving to Cleveland to be closer to the Browns. Hey, I like the Browns in that I don’t like the Pittsburgh Steelers; the enemy of my enemy is my friend and all that jazz. But to actually live in Cleveland? That’s probably the reaction
Since the day Steve Jobs died, Oct. 5, 2011, Apple (NASDAQ:AAPL) shares are up 813%. Source: pio3 / Shutterstock.com Tim Cook made Apple the stock of the decade by following some key trends. He has split the stock twice and instituted a dividend. He was late to the cloud but caught up. Services are now 20%
Data analytics firm Palantir Technologies (NYSE:PLTR) is one of the most fascinating tech companies on the market today. And judging by the heavy daily trading volumes, it appears that the interest in PLTR stock is on the rise. Source: Sundry Photography / Shutterstock.com To sum it up concisely, Palantir Technologies is a big-data mining company that
Cryptocurrencies have gained popularity due to several factors, including privacy and anonymity. Some of them help users to conceal their identities and their transactions. Amid mounting concerns about the anonymity of early cryptocurrencies, such as Bitcoin, users are searching for new options. Let’s take a look at the some popular privacy-oriented cryptocurrencies, which have several
Hyliion (NYSE:HYLN) stock is interesting because it represents so much potential. Investors who’ve followed the markets this year have seen a lot of atypical trends. In particular, money chasing risky growth in overvalued equities that will ultimately face market corrections. Further, the uptick in SPAC-funded electric vehicle projects is an accelerating trend. Source: Shutterstock But
For some folks on Wall Street Pfizer (NYSE:PFE) may seem like the Rodney Dangerfield of stocks in today’s market. But on multiple fronts, it’s PFE stock investors who should have the last laugh. Let’s look at what’s happening off and on the price chart, then offer a risk-adjusted position in alignment with a better tomorrow
When Wish parent ContextLogic (NASDAQ:WISH) stock had its IPO on Dec. 16, many expected shares to pop. Investors have been so starved for pandemic-proof investments that even weaker tech firms have managed 80% first-day gains. Imagine their surprise when Wish instead sagged 10% on opening day. Source: sdx15 / Shutterstock.com To me, that makes Wish’s
Tesla’s stock is stupidly expensive. It may go higher and shareholders may be rewarded, or it may languish or fall. There is no law prohibiting stupidly expensive from becoming moronically expensive. Moreover, speculative companies that actually achieve explosive sales and profit growth for a number of years can actually make outlandish valuations seem justified for
A contract for difference (CFD) is a contract between a buyer and a seller that stipulates that the buyer must pay the seller the difference between the current value of an asset and its value at contract time. CFDs allow traders and investors an opportunity to profit from price movement without owning the underlying assets. The value of