Wednesday, April 24, 2024
Another big global automaker has set off in hot pursuit of Tesla (TSLA): the world’s largest carmaker, Toyota Motors (TM). The company has said it will pour $35 billion into its shift toward electric vehicles (EVs), with the sum split more or less evenly between vehicle development and battery improvement. Toyota’s investment in electric car […]
One of my favorite long-term macroeconomic plays is the worldwide growth of the pet care industry. The sector was already growing rapidly, but the coronavirus pandemic has only accelerated its growth. There was, for example, a 13% year-over-year net increase in dog adoptions in 2020, based on consolidated shelter data and American Kennel Club records. […]
One of the least well-known companies in the S&P 500 is Mettler Toledo (MTD), the global market leader in laboratory and industrial scales and balances. Mettler Toledo also holds a leading position in product inspection. In its other segments, the company holds an average share of about 25% across most product lines. The company’s laboratory […]
There is perhaps no more exciting trend in technology today than the growing use of artificial intelligence (AI) in healthcare. And what is especially exciting is the fact that my favorite stock in this sector has been beaten down by Wall Street from a high of over $35 a share to around $15 a share […]
One of the most well-known names in finance is Visa (V). The company operates the world’s largest electronic payments network, providing processing services and payment product platforms, including credit, debit, prepaid, and commercial payments. Visa traces its roots back to the issuance of the first Bank of America credit cards in the late 1950s. Visa […]
Wall Street has been very excited lately about an old darling, Netflix (NFLX), thanks to its very successful series, Squid Game. Approximately 142 million member-households watched the show in just the first four weeks of its release. That news drove the stock to an all-time high at just above $700 a share, rising about 23% […]
Roundhill Ball Metaverse ETF (META) has doubled its net asset value from $130 million to $260 million since Facebook (FB) changed its name to Meta Platforms two weeks ago. Volumes have also soared on the ETF. It may have been a serendipitous case of being in the right place at the right time for the […]
Many technology stocks share a similar fate: they are at the mercy of unrealistically high expectations from Wall Street. If they don’t meet these “pie-in-the-sky” expectations, their stock is savaged. We saw a perfect example of this recently with Twilio (TWLO). This company provides tools to firms, such as Uber, that want to integrate their […]
There is no doubt that social networks have completely changed our society. A few generations ago, young people wanted to become teachers, doctors, policemen, or some other type of professional. But no longer: a 2019 survey conducted by Morning Consult showed that more than half of the 2,000 Gen Z and millennials surveyed want to […]
When investors hear the words “electric vehicles,” they most often think of Tesla (TSLA) — and rightly so: the TSLA stock price is up 635% over the past year and 485% year-to-date.It’s up about 6,600% since it came public! The TSLA stock price is up even more because the latest earnings report was stellar. As […]
