It would be fresh in investors memory that Lucid (NASDAQ:LCID) stock surged from below $10 to highs of $64.86. This happened even before the special purpose acquisition company (SPACs) became announced publicly. After the announcement, LCID stock slumped to lows of $20. It’s a perfect example of investors selling on news and I believe that Ocugen
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Tesla (NASDAQ:TSLA) has replaced Meta Platforms (NASDAQ:FB) in the $1 trillion stock club. Elon Musk is now the world’s wealthiest man, worth over $300 billion. Source: Shutterstock It seems impossible, but Tesla shares are up just over 70% in three months. While it now has roughly half the entire auto industry’s market capitalization, Tesla still
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(Click here to subscribe to the Delivering Alpha newsletter.) While much of the world has been focused on environmental, social, and governance issues over the past few years, more recently, cracks are starting to show in the way companies are working to solve ESG challenges.  Eileen Murray is the chairperson at the Financial Industry Regulatory Authority and
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Clover Health Investments (NASDAQ:CLOV) has been one of the year’s bigger disappointments. Other than a couple of days when CLOV stock was lifted by a short squeeze in June, the shares have been almost unrelentingly trending downward. With the latest decline, Clover’s shares are now down more than 50% in 2021. Source: Shutterstock This was
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Peloton Interactive (NASDAQ:PTON) was a pandemic favorite. With gyms shut down and people stuck at home, they snapped up Peloton’s pricey internet-connected exercise bikes and treadmills. But in the spring, with gyms reopening and the outdoors beckoning, sales quickly dropped off. Then things got even worse for PTON stock. Source: JHVEPhoto / Shutterstock.com It put
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Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., September 23, 2020. Kevin Dietsch | Reuters Following the Federal Reserve’s statement that it would start winding down its bond program, the futures market moved slightly to show that traders expect the Fed to
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AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide.   Source: Helen89 / Shutterstock.com On Nov. 1,
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Energy exchange-traded funds (ETFs) invest primarily in stocks of natural gas, oil, and alternative energy companies. The securities within an energy ETF’s portfolio include major companies such as Enbridge Inc. (ENB), as well as smaller, fast-growing companies in the sector such as SunPower Corp. (SPWR). Because energy ETFs cover a wide variety of businesses, regions,
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Palantir Technologies (NYSE:PLTR) hasn’t fully recovered since pulling back with the overall market in late September. But PLTR stock has still managed to slowly move higher in recent weeks. Source: Ascannio / Shutterstock.com To some extent, this uptrend makes sense. After all, the “story” behind this stock remains intact. The company has continued to post strong
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