It’s been a weird year. For all the noise and headache that 2022 caused us, 2023 has been off to a much stronger start. That’s despite ongoing worries over the U.S. and global economies. It has some investors turning to the pros, looking for analyst-recommended stocks to buy now. Even with stubbornly high inflation and
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With the market still absorbing the key takeaways from its latest financial results, Tesla (NASDAQ:TSLA) continues to trend lower. Granted, these more recent moves with TSLA stock have been relatively mild. At least, compared to the stock’s double-digit drop immediately after the electric vehicle maker’s quarterly earnings release on April 19. Still, while perhaps not
At first glance, the first-quarter 2023 results from electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) don’t seem all that bad. However, many investors’ initial reaction was to sell TSLA stock. In the wake of this, opinions vary concerning the future trajectory of the Tesla share price. Fortunately, there is a dip-buying strategy that could work well
katleho Seisa | Getty High fees can take a bite out of your portfolio returns, but the good news is that it’s becoming cheaper to invest. Financial services firms charge clients a fee to invest their funds, typically withdrawn from their investment assets. When costs are high, they eat into returns over time. Consider that
Visitors take photos in front of the Meta (Facebook) sign at its headquarters in Menlo Park, California, on December 29, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines in extended trading. Meta Platforms — The Facebook parent popped 9% after announcing better-than-expected top-line results. Meta posted $28.65 billion
There were two major reasons for a deep correction in growth stocks in 2022. First, the Fed pursued aggressive contractionary policies and as liquidity dried up on a relative basis, high-beta stocks corrected. Furthermore, earnings revision on the downside in a post-pandemic era impacted several high-flying growth stocks. I believe that 2023 is a period
The other shoe has officially dropped for Bed Bath & Beyond (NASDAQ:BBBY) stock. As you’ve likely heard, the struggling retailer filed for Chapter 11 bankruptcy on April 23. With the market expecting such a development over the past few months, the official news has had less of an impact on the price of BBBY stock
Is Wall Street’s opinion of Plug Power (NASDAQ:PLUG) optimistic or pessimistic? There’s an odd divergence between the ambitious consensus price target on PLUG stock and the multitude of downgrades. Still, hopefully, today we can wade through the sea of opinions and come to a conclusion about Plug Power. Plug Power is probably the most famous publicly
In this article ENPH V GOOGL CMG PACW MSFT Follow your favorite stocksCREATE FREE ACCOUNT 3,760 Enphase microinverters will power the drying and storage of more than 50,000 tons of California rice at Strain Ranch in Arbuckle, Calif., Tuesday, Feb. 19, 2013. Alison Yin | AP Check out the companies making headlines in extended trading.
Electric vehicle (EV) stocks have proven profitable for investors, providing multibagger returns. As transportation continues to move in a more environmentally friendly direction, investors can continue to capitalize on opportunities not only in EV makers, but in EV charging stocks as well. While EV manufacturers often hog the spotlight, the EV charging industry is a
In certain circumstances, high-yield dividend stocks can be great opportunities. However, often, they are well within the “stocks to avoid” category. Mainly, because of their high risk of being so-called “dividend traps.” A stock that is falling because of either a dividend cut, or the growing likelihood of a dividend cut. This creates a double-whammy
Investors have shown keen interest in biotech after Johnson & Johnson’s (NYSE:JNJ) impressive earnings beat that topped Wall Street’s expectations. The earnings beat reignited enthusiasm for biotech stocks, prompting investors to search for the next big players. The pharmaceutical giant’s adjusted earnings and revenue beat expectations, with strength reported in units including pharmaceuticals. J&J also
Peter Lynch (L), Fidelity Funds Advisory Board Member. Peter Lynch (L), vice chairman of Fidelity Management and Research Co Legendary investor Peter Lynch has one of the best investing records under his belt, but he still has regrets for not buying into some of the biggest tech companies in recent years. The former Fidelity Magellan
In this article UPS KMB FRC CALM PEP GM Follow your favorite stocksCREATE FREE ACCOUNT A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China. VCG | Getty Images Check out the companies making headlines in midday trading. Kimberly-Clark — The stock was
Hunting for cheap stocks is a good idea in the current environment, as many of these overlooked names have strong upside potential with little risk to the downside. Moreover, with a recession on the horizon later this year, I believe it’s time to take profits on many of the growth names that have rallied this
Loyal investors of electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) have already been through the wringer. Yet, it’s probably only going to get worse for LCID stock. As we’ll see, May 8 will be an important, and possibly terrible, day for Lucid Group and its stakeholders. Moreover, competition from the likes of Tesla (NASDAQ:TSLA) will only
Source: Robert Way / Shutterstock.com Nio (NYSE:NIO) is facing rapidly increasing competition. Meanwhile, the company’s margins are also being pressured by an accelerating price war in the Chinese electric vehicle (EV) market. But that’s not all. Nio’s addressable market is quite limited and the firm lacks strong competitive advantages. Given all of these points, I
In this article FOX FOXA ALB FSLR FRC F AI TME 1698-HK GM ENPH MDT BBBY TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in midday trading Monday. People walk by the News Corporation headquarters, home to Fox News, on April 18, 2023 in New York City. Spencer Platt |
Cathie Wood is a well-known though polarizing investor. As the founder and CEO of the investment management firm ARK Invest, she has an investment philosophy that focuses on innovative technologies and growth stocks. It’s a thesis that has led to boom and bust cycles for the exchange-traded funds (ETFs) her company manages. It is also an
The shares of electric-vehicle maker Mullen Automotive (NASDAQ:MULN) have tumbled to less than 10 cents. This clearly indicates that institutional investors seem to have lost confidence in Mullen and MULN stock. In another indication of large investors’ lack of confidence in the automaker, several such investors have been given the right to sell large shares in exchange