With the movie-theater sector continuing to face very tough challenges and AMC (NYSE:AMC) still carrying a tremendous debt load, AMC stock remains tremendously overvalued, and its long-term outlook is terrible. Theaters Are Still Struggling In line with my previous predictions, movie theaters are struggling, even though the coronavirus pandemic is in the rearview mirror. Since
In recent weeks, Rivian Automotive (NASDAQ:RIVN) has started to make a steady move to higher prices. After hitting a new all-time low during mid-March, during the last few trading days of the month, investors warmed back up to Rivian stock. This was due to speculation that the electric vehicle (or EV maker) would beat estimates
In this article JNJ ZION CLNE ALB LW FDX EXEL Follow your favorite stocksCREATE FREE ACCOUNT A FedEx delivery man is seen on Chestnut Street in San Francisco on January 11, 2023 as atmospheric river storms hit California, United States. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before
Amazingly, ChargePoint’s (NYSE:CHPT) revenue acceleration still hasn’t been reflected in CHPT stock. This isn’t a problem, though, as it’s just an opportunity to take a share position in ChargePoint before the investing community realizes the company’s true value. When that happens someday, ChargePoint’s patient shareholders should reap huge benefits. ChargePoint is among the earliest players in
Following last month’s banking crisis, investors are on the prowl for bargains among financial stocks. When searching for low-priced bank stocks on a screener, Ally Financial (NYSE:ALLY) stock is likely to pop up. Changing hands for around $25 per share today, this automotive-focused bank also trades at a sizable discount to its book value of
After pulling back during February and early March, Carvana (NYSE:CVNA) shares have been on the rise over the past few weeks. With its move back to around $9.50 per share, CVNA stock is again one of this year’s top performers. This year, the stock has more than doubled. That’s some strong performance. That said, I think speculators are
In this article CAT K-CA NEM ETSY AMC VORB NOW Follow your favorite stocksCREATE FREE ACCOUNT Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019. Mike Blake |
Well-known investment advisor Ed Yardeni believes that U.S. stocks are poised to rally this year. Speaking to CNBC last week, Yardeni said that the banking mini-crisis will be “very well-contained” by the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). He noted that the banks’ issues should prevent the Fed from raising interest rates further
Identifying tech stocks to avoid is as important as discovering the next big winners in the current volatile stock market. After a turbulent 2022 for tech stocks, with the sector, most of the gains achieved in 2021, the first quarter of 2023 has brought a surprising turnaround. Outperforming the broader market, most tech companies have
General Motors (NYSE:GM) is firing on all cylinders. Plus, the American auto sector is again accelerating. Moreover, GM’s longer-term prognosis is quite good, as the automaker’s electric-vehicle business looks poised to thrive. Better, GM appears well-positioned to launch a lucrative robotaxi business. Given these points, I’m very bullish on GM stock, and I recommend that
In this article BA TSLA BURL PRU Follow your favorite stocksCREATE FREE ACCOUNT The Etsy website Gabby Jones | Bloomberg | Getty Images Etsy — The e-commerce company’s shares rose 3.9% after Piper Sandler upgraded them to overweight from neutral. The firm said that it thinks Etsy’s marketplace strengths will “help reaccelerate active buyer growth.”
If you’re ready to gain exposure to the clean energy vehicle infrastructure industry, here’s a prime opportunity. Electric vehicle (EV) charging port provider Blink Charging (NASDAQ:BLNK) is establishing footholds in the U.S. and abroad. Now is the time to consider BLNK stock, because it’s likely to be much more expensive in the coming years. 2022 was
When business-news outlets make bankruptcy predictions, no sector gets more attention than the retail industry. I’m not sure why that is. Companies from various industries and sectors file for Chapter 11 protection. The focus on bankrupt retailers just boils down to most of us understanding and frequenting stores. I googled “potential bankruptcies,” and the first
The speculative fervor around Nvidia (NASDAQ:NVDA) stock has something in common with a short squeeze. At some point, it ends in tears for someone. There’s also no doubt that NVDA stock is a bubble stock. We’re talking about 118 times earnings and 25 times sales. This is happening just two years after the last tech
In this article HOOD SBNY SIVB Follow your favorite stocksCREATE FREE ACCOUNT A woman leaves a Signature Bank branch on March 13, 2023 in New York City. The bank was closed by regulators Sunday. Leonardo Munoz | View Press | Corbis News | Getty Images The sudden failures of Silicon Valley Bank and Signature Bank
In this article MRO APA FSLR UBS WWE TSLA Follow your favorite stocksCREATE FREE ACCOUNT A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares dropped 6% after
While sustainability motives drive some investors, the clean energy megatrend presents financial opportunities for all investors. It’s undeniable that significant capital is being invested in creating a greener future, as concerns about the effects of climate change on the worldwide economy grow. This capital influx will drive growth for publicly traded companies involved in clean
Artificial intelligence (AI) is one of the most significant technological advancements of recent years. And it could very well have the potential to disrupt global industries. Granted, the potential multi-billion-dollar industry is exciting to watch, but it could also eventually and easily pose a threat to millions of jobs and industries. At the highest risk are
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) faced an unusual setback when the stock dropped by over $100 billion following a mishap with its generative AI earlier in the year. Specifically, its Bard chatbot ad provided inaccurate information. Furthermore, analysts criticized the company’s AI search event for lacking details on responding to Microsoft’s (NASDAQ:MSFT) ChatGPT challenge in Feb. Alphabet is in a favorable
In this article VMC EXR NOVA WWE SLG M HAL Follow your favorite stocksCREATE FREE ACCOUNT A road is closed after an oil leak at Marathon Galveston Bay Refinery on October 6, 2021 in Texas City, Texas. Go Nakamura | Getty Images Check out the companies making headlines before the bell. Energy stocks — Energy