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.
Chances are good you're ahead of 25% of your peers.
A strong jobs report these days runs counter to the Fed’s wishes. The line of thought is that if the job market is still too hot, the Fed won’t be keen on loosening its tight monetary policy in the ongoing efforts to tame inflation. And this is a scenario the market is keen to avoid after a series of 75 basis-point hikes this year. But J.P. Morgan Asset Management chief strategist David Kelly thinks the latest numbers flatter to deceive and believes the way the data is reported distorts the real
Yahoo Finance Live looks at cannabis-tied shares following President Biden's signing of a marijuana research bill.
This has been a tumultuous year for many stocks -- among them, stalwarts AT&T (NYSE: T) and Verizon (NYSE: VZ). Despite those successes, AT&T had to cut its free-cash-flow forecast for the year by $2 billion.
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Textron stock is soaring Tuesday after the company won an $80 billion contract to build a new helicopter for the army. Monday evening, the U.S. Army announced it had selected Textron (ticker: TXT) subsidiary Bell Helicopter to supply its new long-range assault helicopter. Textron beat a joint bid from Lockheed Martin (LMT) and Boeing (BA).
Top-line data from a phase IIb/III study shows that Anave's (AVXL) lead drug exhibited statistical and clinical improvement in cognition and function in patients with early Alzheimer's disease.
Nio (NYSE: NIO) stock spiked Monday morning, but it didn't take long for it to reverse course. The volatility shows just how dynamic the economic situation is in China. Shares of the Chinese EV maker jumped nearly 7% after the market opened, but by 12:40 p.m. ET, Nio stock was down by 1.6%.
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.
The uber-wealthy investor is thrifty with just about everything, from his breakfast to his house.
Shares of telecom giant Lumen Technologies (NYSE: LUMN) plunged 25.7% in November, according to data from S&P Global Market Intelligence. It wasn't difficult to ascertain why Lumen fell last month: The company announced on its Nov. 2 earnings call that it suspended its generous dividend. In the third quarter, Lumen once again disappointed the markets, with revenue declining 10.2% and non-generally accepted accounting principles (adjusted) earnings per share of $0.14 missing estimates by a wide $0.21.
The crypto market is in a state of turmoil right now -- top cryptocurrencies like Bitcoin and Ethereum are down 64% and 67% year to date, respectively, and many altcoins are down even more. The bankruptcy of prominent crypto exchange FTX has added insult to injury. As such, it's no surprise that crypto-related stocks are also down big this year.
Wall Street analysts are busy publishing their 2023 lookahead pieces, and Cowen analyst Jeff Osborne is out with the big one - the firm’s Future of Mobility report. In the nearly 500 page report, Osborne has partnered with 16 other analysts at the firm to map out what’s next in the space - from electrification, to government regulation, to infrastructure, and even 5G and edge computing to give investors the lay of the land. Cowen has also detailed around 50 stocks to target for exposure.
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Globally, total private- and public-sector debt as a share of GDP rose from 200% in 1999 to 350% in 2021, the economist Nouriel Roubini says.
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Oil markets swung into a massive redrawing of trade routes Monday as EU's embargo of Russian oil took full effect.
Oil prices are having another volatile year. West Texas Intermediate (WTI), the primary U.S. oil price benchmark, has done a complete roundtrip. Adding to Diamondback's value proposition is that it pays an attractive and growing dividend, repurchases its cheap stock, and makes value-enhancing investments.
These top-tier innovators and industry leaders are the companies you'll want in your portfolio when the next bull market takes shape.