Electric-vehicle stocks are on a bull run of epic proportions. In 2020, Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO) stock, the two biggest players in the space, have soared 650% and 960%, respectively. Source: Sundry Photography / Shutterstock.com I have always been extremely bullish on Nio. At this stage, my only concern is its valuation because the
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CNBC’s Jim Cramer on Tuesday urged Congress to move quickly and pass another piece of coronavirus stimulus legislation, suggesting key parts of the U.S. economy need help being sustained until there is a widely available Covid-19 vaccine. “We are so close to getting this economy back on track, but these places that close, they can’t
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401(k) vs. IRA: An Overview Saving for retirement is one of the most important financial goals that we need to achieve in our lifetime. The choice of which retirement savings account can help accomplish that goal. Whether it’s a 401(k) offered by an employer or an individual retirement account (IRA) that you established on your
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When GameStop (NYSE:GME) reported earnings last week, options buyers were expecting a windfall from the dual PlayStation 5 and Xbox Series X release. Instead, all they got was dismay. Shares slid 20% even as the company reported less-than-expected losses. But don’t wait for a rebound in GameStop stock. It’s time to get out. Source: rblfmr/Shutterstock.com
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Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Multiple Google services, including Gmail and YouTube, suffered a widespread outage this morning for an undetermined reason. “Service has already been restored for some users, and we expect a resolution for all users in the near future,” Google said in
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A disclosure document can be important for both home buyers and sellers. When an owner sells a property, they are typically required to disclose information in a written document. The requirements vary based on state and local laws. In general, a disclosure document is supposed to provide details about a property’s condition that might negatively affect its
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A highly anticipated test flight from space tourism pioneer Virgin Galactic (NASDAQ:SPCE) ended prematurely this weekend after the engine of its SpaceShipTwo vehicle ‘Unity’ did not fully ignite due to a lost connection. Virgin Galactic stock — which had rallied big into the event — dropped about 15% in response to the “botched” flight. Source:
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SpaceShipTwo “Unity” on the runway after an aborted spaceflight test on Dec. 12, 2020. Virgin Galactic Virgin Galactic’s stock fell in premarket trading on Monday after the space tourism company cut short its latest spaceflight test mid-launch on Saturday due to an engine ignition issue. “The flight did not reach space as we had been
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A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell 2% and 6% respectively, despite the Food and Drug Administration’s approval of the firms’ Covid-19
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2020 was full of surprises for investors, and many of them were unpleasant. From the coronavirus bear market to a massive drop in oil prices, 2020 offered lots of ways to lose money. Given this situation, it’s unsurprising that many exchange traded funds (ETFs) also failed to perform well. Key Takeaways From the coronavirus bear
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It’s safe to say this hasn’t been a great year for value investors. While names in big tech, electric vehicles (EVs) and other high-growth industries thrived in 2020, old school value stocks struggled to bounce back after March’s crash. Granted, many of these stocks have now returned to pre-pandemic levels. But, some continue to languish
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We’re all ready for a new year. Source: Shutterstock And after sitting down with my InvestorPlace colleague Louis Navellier earlier this week and sharing our viewpoints on what 2021 has in store for us, we couldn’t be more excited. The future holds a lot — plenty of opportunities and dangers alike. But by putting together
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