Thursday, May 26, 2022
Investors may want to use the pullback in electric vehicle stocks as an opportunity. Global leaders want millions of EVs on the roads and automakers are abandoning combustion engines for electric vehicles. On a global level, sales are only accelerating. In the U.S., as Car and Driver notes, “American car shoppers seem to have discovered […]
Investors may want to keep an eye on biopharmaceutical stocks. We could be on the cusp of a massive wave of new M&A activity. As Reuters reports: “Biotechs are coming off their worst April since 2002, and the crash in valuation has made them attractive M&A targets, especially when small drug makers are grappling with […]
Markets are getting crushed… but there’s always a bull market somewhere. Look at uranium prices, for example, which is strong for a few reasons: First, Congress is considering legislation that could ban Russian imports, which currently accounts for about 17% of the uranium used by U.S. power plants, says Real Clear Energy. Second, global leaders […]
With hurricane season approaching, investors may want to keep an eye on Generac Holdings (GNRC). After all, this is the company that provides power generation equipment and other light-motor equipment for industrial and residential customers—in fact, it’s the the market leader in home standby generators. Beyond the physical damage to homes and businesses, one of […]
Markets are in disaster mode. Since the end of April, the Dow is down about 3,000 points thanks to fears of inflation, recession, and rate hikes; the war in Ukraine; and nervous traders running for the exits. Unfortunately, should the Dow fail to hold support dating back to February, there’s no support until we drop […]
Light-emitting diode (LED) stocks could be a bright investment idea. CNBC reports that earlier this week, the Biden administration “announced new energy efficiency regulations that will phase out old-fashioned incandescent lightbulbs, a move that will drive down electricity use and curb greenhouse gas emissions from the country’s power sector.” The new rule will ban the […]
Some of the safest trades of the year so far have been the so-called “Dogs of the Dow”—high dividend-yielding blue chip stocks. If you want proof, look no further than Coca-Cola (KO). With a dividend yield of 2.67%, the stock has exploded from a January 2022 low of about $58 to $67.20. While it’s slightly […]
Nike (NKE) is gaining much-needed traction. After analysts at JP Morgan, UBS, and Truist came out with positive notes on the company, the stock is up about $9 per share over the last few days. UBS analyst Jay Sole, for example, says North American demand is robust, and that China issues have already been priced […]
Investors should keep an eye on Plug Power (PLUG). After a rough pullback in the latter part of 2021, the hydrogen stock is attempting to push higher. In fact, investors may want to use weakness as a buy opportunity. For one, the hydrogen story is heating up. Goldman Sachs called hydrogen a “once in a […]
With fears of recession, keep an eye on Costco Wholesale (COST). With a dividend yield of 0.61%, Costco sells the types of products that consumers need, no matter how well or how poorly the economy is doing. After all, even in times of chaos, consumers need food, soap, toothpaste, toilet paper, etc. Costco also just […]
