Electric vehicle (EV) stocks surged off their pandemic lows, delivering exceptional gains for investors. But after the sector topped out in late 2021, many stocks crashed as the industry faced supply chain disruptions and investors fled speculative growth stocks in favor of value and safety. But with the risk-on trade seemingly coming back into vogue
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Much like the internet defined the first 10 years of the 21st century, electric vehicles may be the story of the next decade. In 2020 and 2021, any stock with exposure to electric vehicles, no matter how tertiary, took off with the thought that this time would be different. But in 2023, this is a
C3.ai (NYSE:AI), a pure-play enterprise AI software provider, has been one of the high flyers of the market in 2023. Since the start of the year, AI stock has gone from strength to strength. As of the time of writing, shares are up more than 90% since the start of the year. However, recent developments,
In this article Follow your favorite stocksCREATE FREE ACCOUNT Realpeoplegroup | E+ | Getty Images Company: OCI NV (OCI-NL) Business: OCI produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through the following segments: Methanol U.S., Methanol Europe, Nitrogen U.S., Nitrogen Europe and Fertiglobe. The company offers anhydrous
Last week, we told you that a massive shift is happening in the stock market. And if you recognize and get on the right side of it, you could make fortunes in the stock market in 2023. We are going to re-highlight this huge shift because over the past week, it has only grown stronger.
Rivian Automotive (NASDAQ:RIVN) stock is once again moving lower, on the “news” a bearish research note from UBS’s Patrick Hummel. In the report, Hummel argues that the U.S. is on the verge of an automobile glut. With supply chain bottlenecks easing, automakers across-the-board are increasing production, even as demand is at the risk of cooling,
Silicon Valley Bank may have failed, but you can still buy shares in SVB Financial Group (OTCMKTS:SIVBQ), its parent company. Trading in SVB Financial stock on the Nasdaq Exchange was suspended on March 10 following SVB’s collapse. However, on March 28, this stock, formerly trading under the ticker symbol SIVB, resumed trading in the over-the-counter (or OTC) market under the ticker
Many investors are concerned about the current banking sector crisis, and that’s understandable. Yet, Western Alliance (NYSE:WAL) is in a better capital position than the company’s critics might think. A prominent analyst group recently assigned an eye-opening bullish price target to WAL stock. Thus, you may want to consider a position in Western Alliance after conducting your
Charles Schwab (NYSE:SCHW) (commonly-known as just Schwab) has been a reputable financial institution for many years. However, the recent banking crisis has taken a toll on SCHW stock. While Schwab probably won’t go bankrupt anytime soon, investors should still prepare for negative share-price pressure in the near term. The troubles that befell SVB Financial Group (OTCMKTS:SIVBQ) subsidiary Silicon
As JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon recently stated, the banking crisis is “not yet over.” What investors may want to know, however, is how this crisis impacts this particular bank itself. And, most importantly, what the situation looks like for JPM stock going forward. Last month, when the failure of SVB Financial’s (OTCMKT:SIVBQ) Silicon Valley Bank subsidiary set the
It’s certainly not easy to find millionaire-maker stocks if you only have $50,000 or less to invest. In order to turn that amount of money into $1 million using a single stock, you’ll need vision, a contrary nature, tenacity, and a great deal of patience. The vision and the contrarian part are important, because you’ll
ESG stocks have become very popular over the past few years. This comes as investors are increasingly concerned about the environmental, social, and governance aspects of the companies they put their money behind. Thus, many companies have seized the opportunity to project the best possible image, to increase demand for their shares. The environmental portion
Intel (NASDAQ:INTC) is well-known for introducing new, vastly improved, high-end desktop chips. Accordingly, as hardware and data center trends improve, many analysts are expecting INTC stock to rise. My own personal INTC stock price prediction stands at a whopping $85 per share. There are many reasons for this, over and above the aforementioned thesis. Intel
In this article FDX LEVI RELL Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Check out the companies making headlines before the bell: Richardson Electronics – Shares rose about 0.7% after Richardson Electronics reported a smaller backlog in its third fiscal quarter than it did in the same quarter a
In 2023, the artificial intelligence (AI) revolution is unstoppable – and so is Nvidia (NASDAQ:NVDA) stock. Could $300 just be a stepping stone on the way to higher share prices? It’s entirely possible as Nvidia’s chief executive is all-in on machine learning, and the company is ready to deploy AI technology practically anywhere and everywhere. Who would
The energy sector had a blockbuster year in 2022, and actually turned out to be the best-performing sector overall. Thus far, 2023 has not played out well for investors in this sector, with energy stocks falling 4.23%, based on the S&P Global 1200 Energy index. Those negative returns contrast poorly with the broader S&P 500, which
Electric vehicle (EV) manufacturer Polestar Automotive (NASDAQ:PSNY) is known for catering to luxury car buyers. There are benefits and drawbacks to this approach. PSNY stock will probably move higher over the next couple of years but don’t expect quick gains if you’re planning to invest in Polestar. As we’ll see, Polestar has ambitions to make a
In this article AI AMC LEVI XPO Follow your favorite stocksCREATE FREE ACCOUNT A consumer shops in a Costco store in Miami on Sept. 28, 2021. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Costco — The wholesale retailer’s shares dropped 2% after the company announced sales dipped 1.1%
While some of the top penny stocks to buy carry risk, there are still plenty of opportunities to be found. In fact, today, my focus is on some thrilling penny stocks that investors may want to consider at current levels. I believe that if business developments move in the right direction, these penny stocks could
While electric vehicles may be the future of transportation, I’m afraid these EV stocks to avoid might not make the cut. Fundamentally, as a burgeoning sector, the price for entry for arguably most consumers is simply too steep. With a smaller addressable market for a wide array of competitors, it’s inevitable that many if not