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  • 7 Electric Vehicle Stocks with ‘Strong Buy’ Analyst Ratings
    Business
    InvestorPlace

    7 Electric Vehicle Stocks with ‘Strong Buy’ Analyst Ratings

    With environmental and sustainability concerns coming into focus this past year, electric vehicle stocks have seen some strong momentum. The shift from gasoline to battery-powered cars is now a fast-growing trend in the auto sector. Because of that, traditional automakers are moving aggressively towards electrification while fresh-on-the-scene electric vehicle (EV) companies work on innovative new technologies. So, EVs have received widespread support. Still, they continue to have their challeng

  • Upcoming Nvidia Stock Split Sets the Stage for Buyers
    Business
    InvestorPlace

    Upcoming Nvidia Stock Split Sets the Stage for Buyers

    Nvidia Corporation (NASDAQ:NVDA) has been among an elite class of high-flying tech stocks. Over the past five years, NVDA stock has delivered a return of over 1,400%. Source: JHVEPhoto / Shutterstock.com So far in 2021 – a year that has not been kind to many other tech stocks – NVDA is up 32%. Its business is red-hot, with gaming, data centers, AI and crypto currency mining all driving revenue growth. That performance has meant that shares are expensive. The company wants to make those shares (n

  • Lumber Prices Post Biggest–Ever Weekly Drop With Buyers Balking
    Business
    Bloomberg

    Lumber Prices Post Biggest–Ever Weekly Drop With Buyers Balking

    (Bloomberg) -- Lumber futures posted their biggest-ever weekly loss, extending a tumble from all-time highs reached last month as sawmills ramp up output and buyers hold off on purchases.Prices in Chicago fell 18% this week, the biggest decline for most-active futures in records going back to 1986. Lumber has has now dropped almost 40% from the record high reached on May 10.Sawmills appear to be catching up with the rampant homebuilding demand in North America that fueled a months-long rally, br