Saturday, April 27, 2024
Plug Power (PLUG) pulled back in recent days after announcing accounting errors for 2018, 2019, and for the first three quarters of 2020. “Anytime a company needs to restate results, investors shoot first and ask questions later,” said Jeffrey Osborne, a New York-based analyst at Cowen, who maintained a buy-equivalent rating, with a price target […]
Preferred stocks combine features of common stocks and bonds to offer higher yields. Keep reading to learn all about this investment option.
Wouldn’t it be nice to pay bills with income from monthly dividend stocks? We’ll explore the benefits and where to find these monthly payers.
Gambling stocks struggled in 2020 as companies with large physical casinos experienced dramatic declines in revenue and earnings due to the coronavirus pandemic. However, the sector has shown strength throughout 2021 so far, as a number of positive developments are coming into play. While the advancements in coronavirus vaccine development have been a welcome relief […]
Over the past few weeks, the theme in the stock market has been a selloff in the tech sector. Several high-fliers from 2020 and early this year have taken a beating. While many buzzworthy tech names seemed to be overvalued, they didn’t look like they would experience a pullback…that is, until they did. Perhaps the […]
Lithium prices are gaining traction on the supply-demand story with stocks like LAC the prime beneficiaries. According to Barron’s, “The global lithium industry produces less than 600,000 metric tons a year today. Demand is expected to hit 1.5 million tons by 2025. Even with new lithium mining projects, increased supplies of the commodity don’t seem likely to […]
General Electric (GE) options saw a massive amount of volume last week, with over 1 million contracts trading in one day. The industrial giant was in the news for the divestiture of its jet leasing business for $30 billion. Investors hoped for improved guidance from GE management after this transaction, but did not get it. […]
Most of the money when it comes to the equities and bond markets really occurs during regime changes. One thing I’ve been discussing the last few years is the popping of the passive investment bubble. Watch the video above to find out more.
Second Sight Medical Products (EYES) exploded from a low of $1.40 to $20 this week before retreating to around $11.00. All on news the U.S. FDA approved its Argus 2s Retinal Prosthesis System. According to EYES, the System is, “a redesigned set of external hardware (glasses and video processing unit) initially for use in combination […]
Shares of Rocket Companies (RKT) recently zoomed to a high of $43 without any apparent new news from the company. However, the stock currently has large short bets placed against it by hedge funds and appears to have garnered some bullish interest from day traders on Reddit’s infamous r/WallStreetBets forum. Roughly 45% of RKT’s available […]
