It’s not every day that I go full-on bullish with a penny stock. Yet, I’m sending a positive signal today on California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN). The highly anticipated production of the Mullen Five vehicle, as well as the upcoming distribution of Mullen’s preferred shares, should motivate risk-tolerant traders to take a long
admin
In this article LUV COIN WFC Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Getty Images Check out the companies making headlines in premarket trading. CarMax — Shares of the used car seller slid 4.8% after JPMorgan downgraded them to underweight, saying investors aren’t fully pricing in the risks surrounding the company and hope for
Investing in telecom stocks can be a great way to support your portfolio, as it offers stability and guarantees that investments are safe. Their customer relationships make the best telecom stocks stand out, giving them an edge over their competitors in the market. Additionally, these companies tend to have high dividend payment rates, giving investors
In a bull market, the rally in stocks is broad-based. Even fundamentally weaker stocks trend higher in sync with market sentiments. However, when there are multiple macroeconomic headwinds, it’s unlikely that the bull market will be back in 2023. Having said that, I believe that it’s a year of careful stock selection. Undervalued blue-chip and
In 2022, I was able to greatly reduce my stock portfolio’s losses by shorting several U.S. equities. I found it fairly easy to find favorable stocks to short, as the valuations of many companies were ridiculously high last year, and many stocks were pricing in scenarios that almost certainly would never materialize. For example, I
It’s funny how Wall Street can have a very short attention span sometimes. When it comes to China-based electric vehicle manufacturer Nio (NYSE:NIO), it’s fine to focus on the company’s most recent operational update. Yet, don’t be too hasty when trading NIO stock. The company still doesn’t have positive earnings, and Nio’s “prudent” warning about vehicle
Electric vehicle stocks across the board nosedived last year, and Lucid Group (NASDAQ:LCID) was no exception. During 2022, LCID stock went from around $38.50 to around $6.83 per share. That’s a more than 82% decline in price. Recently, shares in the early-stage luxury EV maker have found support, at around $6 or $7 per share.
On today’s episode Preston and Stig interview value investing legend, Sanjay Bakshi. Sanjay teaches a popular course titled Behavioral Finance and Business Valuation to MBA students at Management Development Institute which is one of the top-ranking business schools in India. Sanjay has consistently been elected as MDI’s best professor by its students for the last
Stocks v. Options Similarities: -Both are trade-able securities. -Both have bid and ask prices and a bid-ask spread -Listed on the same exchanges Differences: -Options have expiration dates, stocks do not -There is no set number of options -With stocks, you own a piece of the company and you have voting rights -With options, you
This week, Ryan McQueeney highlighted two trendy dividend-paying stocks with very interesting charts. The first, defense behemoth Lockheed Martin, has put together an impressive month, while the latter—Innovative Industrial Properties—has joined a growing list of popular marijuana stocks. Lockeed Martin: https://www.zacks.com/stock/quote/LMT?cid=CS-YOUTUBE-FT-VID Innovative Industrial Properties: https://www.zacks.com/stock/quote/IIPR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch
In times of uncertainty, dividend-paying stocks can bring stability to investors’ portfolios. Of course, a dividend yield alone isn’t enough. The underlying business has to be solid and performing well for the company’s share price to have a chance of holding up. Further, with the dramatic increase in yields over the last 12 months, dividend
Transitions aren’t easy, but sometimes they’re necessary. Could a new leader help steer DocuSign (NASDAQ:DOCU) in the right direction, after the e-signature company seemingly lost its way? The answer remains to be seen, but it’s worthwhile to hold a handful of DOCU stock shares because DocuSign’s comeback could be 2023’s biggest story on Wall Street.
Investing in under-the-radar tech stocks is a smart way for investors to grow their wealth. However, deciding which company to invest in can be tricky, as the market is full of up-and-coming companies vying for attention. Fortunately, it’s easy to stay ahead of the curve by investing in “under-the-radar” tech stocks. That is, those that
In this article DISH ON 5CV-DE ILMN BMBL OSH BBBY COIN Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Check out the companies making the biggest moves midday: Virgin Orbit — The satellite launch service company fell 12% a day after it
It’s often said that the stock market is more of a market of stocks. That saying refers to the idea that picking good stocks can boost investors’ performance during these turbulent times. When it comes to electric-vehicle stocks, that’s especially true. The valuations of these high-growth companies took off in 2020 and 2021, as investors
While the U.S. equities sector generally represents the most stable option for the lion’s share of investors, in some cases, it’s helpful to expand one’s horizons with the top emerging market stocks to buy. Fundamentally, the economy in this nation represents a mature one. Per Investopedia, such economies feature “slowing GDP growth, decreased spending on
If you follow the advice of legendary investor Warren Buffett literally and religiously, you might not appreciate this list of oddball stocks to buy. Chances are, at least one of these names features an area that does not meet your core area of competency. And that would be a no-no for Buffett, who essentially stated
If you have a love-hate relationship with Mullen Technologies (NASDAQ:MULN), you’re not alone. “Bought at [41 cents] and I know it’s going to crash,” read a post on Reddit last week. “I’m about to get burned I know it.” The electric vehicle penny stock has become a curiosity over the past several months, earning both
In this article FROT-NO OSH MS Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Check out the companies making headlines in premarket trading. Oak Street Health – Shares
If there was ever a reason to consider defensive stocks to buy, House Republicans gave one of the most compelling. After 15 rounds of voting amid deep divisions in the conservative party, Representative Kevin McCarthy of California finally won the election as the new House Speaker. Of course, the matter could not have been more