In this article GS CCL TWTR ENPH Follow your favorite stocksCREATE FREE ACCOUNT A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesla fell 5.5% after a Tuesday filing confirmed that
admin
While investors as a rule should rely mostly on their due diligence before making decisions, certain experts may help improve the probabilities of success, thus bolstering the case for cheap Warren Buffett stocks. Known as the Oracle of Omaha, Buffett represents a living legend, providing a wealth of great ideas amid troubling times. Fundamentally, what
Electric vehicle (EV) stocks have been on a phenomenal run over the past several years. Investors with considerable risk appetite have piled into these stocks in hopes of robust returns. Hence, in recent years, cheap EV stocks have been few and far between. However, the carnage in the stock market this year has cleared out
Reportedly, Biogen (NASDAQ:BIIB) and Japanese pharmaceutical company Eisai (OTCMKTS:ESALY) achieved positive test results for their Alzheimer’s disease treatment. As you might expect, BIIB stock exploded higher on this news. However, these are early-stage results and prospective investors should read the fine print. Besides, if the good news has already been priced in, then buying now is tantamount
The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which
For most of 2022, the fintech sector has underperformed the markets. The reasons are relatively straightforward: Tightening quantitative policy led by a hawkish Federal Reserve looking to rein in inflation has quelled overall risk appetite. This has led to a faster than average exit of investor capital from riskier sectors, fintech included. However, there are
In October 2021, I made a big call on Longeveron (NASDAQ:LGVN) stock, a biotech firm working on a promising Alzheimer’s therapy. Within six weeks, shares had risen over 11x… a stunning 1,000% return! My secret? I noticed that the biotech’s CFO was quietly buying shares in the company. “With clinical results due within the next
Nio (NYSE:NIO) has to deal with many of the same issues that other Chinese electric vehicle (EV) manufacturers do. For example, the company has to contend with supply-chain constraints and the challenge of sourcing lithium for EV batteries. On the other hand, an arrangement with a lithium producer may provide an advantage for Nio. That
Oil stocks are doing great in the current market environment. With demand still strong and supply constrained, these companies have plenty of opportunity to make money hand over fist even if prices dip below $80 per barrel. Moreover, cheap oil stocks offer a great way to diversify your portfolio. I believe that even though they
In this article ABNB BNGO MS F Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Check out the companies making headlines in premarket trading Wednesday. Tesla, Twitter –
With the major indices flashing red for the year, contrarian investors may want to turn to these S&P 500 sleeper stocks before the rest of the crowd wakes up. Fundamentally, bear market cycles provide excellent wealth-building opportunities. Effectively, new market participants can load up on high-potential equities, waiting for a boon to materialize. At the same time,
Reddit’s WallStreetBets forum took GameStop stock to unfathomable heights last year, ushering in the meme stock era. Though the retail trading frenzy has dulled considerably, the best Reddit stocks remain as relevant as ever. The site boasts a massive investing community and traders, with multiple subreddits dedicated to trading. Investors look to Reddit as a reputable
What exactly does Ideanomics (NASDAQ:IDEX) stock represent? Is it an electric vehicle (EV) design company? Or a tractor producer? Maybe it’s trying to be a wireless charging provider this week? How about a maker of street sweepers? Frankly, it’s hard to pin this company down, and IDEX investors are understandably unimpressed with the company’s poor financial results.
Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the
At the time of writing, car dealer network Sonic Automotive (NYSE:SAH) mathematically represents a case of good news and bad news. Good news, on an absolute basis, the 8% magnitude return on a year-to-date (YTD) framework for SAH stock aligns with the long-term annual average performance of the benchmark S&P 500 index. The bad news?
Living through bear markets sure can be tough. Such environments can create a lot of emotional turmoil, heartache and painful losses. But on the positive side, bear markets also create some monstrous opportunities for investors. When a massive decline wreaks havoc on the overall market, cheap stocks abound for investors to buy. But it’s not
Water is not usually thought of as an exciting or innovative industry. It’s a basic good typically sold at a fairly low cost. And, yet, investing in the best water stocks on today’s list just may change your mind. With economic troubles mounting, it’s not a great time to be taking risks. Water stocks are
In December 2021, I chose Roku (NASDAQ:ROKU) for InvestorPlace’s Best Stocks for 2022 contest. Since then, it’s been an unmitigated disaster. Shares are now 88% off the all-time high and Roku stock is down 75% in 2022. This is the complete opposite of “stock of the year.” I’ll be completely honest, I just didn’t see
Due to Russia’s invasion of Ukraine earlier this year, defense stocks naturally gained significant relevance. Moreover, the aggressor’s escalation of the military conflict — met with stout Ukrainian resistance and successful counteroffensives — implies that the crisis will continue on for some time. Cynically, this dynamic boosts military-related investments, but that’s arguably not the main
With volatility back in full swing, undervalued REITs or real estate investment trusts are a great option. REITs are a type of investment that allows you to purchase a stake in a real estate company. Better, since they are undervalued right now, you can get a great deal on them. In addition, undervalued REITs tend