The first fast-paced company with serious upside is hydrogen fuel-cell solution provider Plug Power (NASDAQ: PLUG). According to analyst Amit Dayal of H.C. Wainwright, Plug Power can reach $78. For those of you keeping score at home, this would work out to a near-quintupling in the company's share price in 2023.
Yahoo Finance Live looks at cannabis-tied shares following President Biden's signing of a marijuana research bill.
While NIO and Li Auto (LI) hit monthly-record deliveries in November, XPeng (XPEV) sees a sharp fall in deliveries on a yearly basis.
In this article, we discuss the 12 best communication stocks to buy today. If you want to read about some more communication stocks to buy today, go directly to 5 Best Communication Stocks To Buy Today. The communications industry has grown from a sector that used to include just telecommunications, newspapers, magazines, books, and radio […]
Shares of Devon Energy (NYSE: DVN) fell 11.4% in November, according to data provided by S&P Global Market Intelligence. The primary factor weighing on the oil stock was its third-quarter report, where the company unveiled a lower total dividend payment. Devon Energy launched the oil industry's first fixed-plus-variable dividend framework in early 2021.
Don’t get fooled into thinking the stock market’s recent positive action has legs. Morgan Stanley’s Chief U.S. Equity Strategist Mike Wilson thinks it’s time to take profits “before the Bear returns in earnest.” Wilson notes that his team’s tactical targets have been met and thinks the recent run-up has run its course. “Bear market rally runs into our original resistance levels--it's time to fade it,” says Wilson. With the “risk-reward of playing for more upside quite poor at this point,” Wilson
Given all the market uncertainty this year and the downward trend of the major indices, it's no surprise that some investors are hesitant to buy right now. Knowing the right time to pull the trigger on a stock purchase (or a sale) is often one of the hardest parts of being an investor. Three such buy-now opportunities are Vertex Pharmaceuticals (NASDAQ: VRTX), Mattel (NASDAQ: MAT), and Nvidia (NASDAQ: NVDA).
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
DEEP DIVE Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded list of Dividend Aristocrats.
In this video, I will be talking about Intel (NASDAQ: INTC), some recent news regarding the company, and whether investors should buy the stock right now or wait for 2023. For the full insights, do watch the video, consider subscribing, and click the special offer link below.
In this article, we will discuss the 12 best undervalued energy stocks to buy. If you want to explore similar stocks, you can also take a look at 5 Best Undervalued Energy Stocks to Buy. 2022 has been the year for energy stocks. While all sectors of the economy fluctuated, the energy sector remained relatively […]
Tilray Brands (NASDAQ: TLRY) and Innovative Industrial Properties (NYSE: IIPR) may be two of the best bargains in cannabis right now. Tilray's shares are down 34% this year, and it trades for a price-to-book value of only 0.62. Innovative's shares are down more than 53% this year, and it trades for a price-to-book value of 1.7.
A roundup of recent banking and finance news across Greater Philadelphia: A coalition of 13 Republican state attorneys general wants to stop Vanguard Group from buying shares in U.S. utilities companies due to the investment manager’s environmental, social and governance policies. The attorneys general filed a motion last week to the Federal Energy Regulatory Commission requesting it block Vanguard’s purchase.
These high-octane income stocks, with yields ranging from 7.7% to 8.4%, are begging to be bought by opportunistic investors.
In late 2021, Square Chief Executive Officer Jack Dorsey announced radical changes to his company's direction, including changing its name to Block (NYSE: SQ). Unfortunately, these changes had terrible timing and many investors were dubious about several of the company's strategies; at the same time, the economy took a turn for the worse. Nervous investors ran for cover, sending the stock down 61% year to date.
Mirati said almost half of patients responded to its lung cancer regimen, but MRTX stock crashed on questions about its market opportunity.
Market volatility is boosting Bank of America's trading business in the last three months of the year. Fourth-quarter trading revenue is likely to be up 10% to 15% from a year earlier, putting the nation's second-largest bank on pace for its best fourth quarter in recent memory, CEO Brian Moynihan said at an industry conference Tuesday. Fixed-income trading is up 20% while equities were about flattish. People will trade "when there's this much volatility," Mr. Moynihan said. Ructions in the fina
Warren Buffett is one of the most successful investors on Wall Street. The Berkshire Hathaway CEO's strategy of having his company buy and hold stock in solid companies for a long time has reaped rich rewards over the years, which is evident from the terrific annual gains in Berkshire's Class A shares since 1965. Berkshire's Class A shares have clocked average annual gains of 20.1% over the past 57 years.
Shares of Gossamer Bio Inc. plunged 64.5% in premarket trading on Tuesday after Wall Street analysts questioned the performance of the company's experimental hypertension drug in a Phase 2 clinical trial. Though Gossamer said the drug, seralutinib, met the primary endpoint in a Phase 2 clinical trial, SVB Securities analyst Joseph Schwartz told investors that the therapy didn't outperform Merck & Co. Inc.'s sotatercept. "We expect the street to be disappointed in these topline results given both
Three good examples are Teladoc Health (NYSE: TDOC), Nike (NYSE: NKE), and Crispr Therapeutics (NASDAQ: CRSP). Two billion-dollar noncash goodwill impairment charges hurt Teladoc's earnings this year -- and investor sentiment. More than half of Fortune 500 companies are clients.