Trade of the Week: NKLA

Trade of the Week: NKLA

After dropping out of the spotlight in recent months, option trading in Nikola (NKLA) is back. The electric truck designer is expecting to install hydrogen filling stations in CA, and the stock jumped nearly 15% on the day the news broke. Considering the company hasn’t produced anything meaningful to date, the crowd took this as […]

Why Is SKLZ Stock Dropping?

Why Is SKLZ Stock Dropping?

Skillz (SKLZ), the mobile games platform, had seen its share price plummeting since it’s all time high in early February. Now SKLZ is racing higher after releasing its outlook for the first quarter. For the quarter, the company expects to post revenue of $80 million, which is above an analyst range of $72.2 million to […]

The Best Post-Pandemic High-Yield Dividend Turnaround Stock

The Best Post-Pandemic High-Yield Dividend Turnaround Stock

The “coronacrash” of February–March 2020 devastated some previously outstanding income stocks. It has been interesting to watch how different companies handled the crisis and how they have performed coming out of the ruins. One of my favorite finance real estate investment trusts (REITs) has made all the right moves to keep the recovery of the […]

SUN Stock Price Gains Momentum on Clean Energy Push

SUN Stock Price Gains Momentum on Clean Energy Push

After finding double bottom support around $46.20, SUN was just upgraded by Piper Jaffray to Overweight from a Neutral rating. The firm now has a price target of $77 a share. They also noted the pullback in the sector has been a “head-scratcher,” as quoted by The Fly, “since yields have recently moved lower and […]