Over the last six months, I have seen several altcoins surging by 1000%. So, when it comes to electric vehicles (EVs) Nio (NYSE:NIO) has been no less than that in my opinion — a top alternative to Tesla (NASDAQ:TSLA), the bitcoin of the EV industry. Nio stock has surged by 1001% in the last six
Month: December 2020
Teladoc Health (NYSE:TDOC) stock has rallied 132% so far this year. But frankly, I don’t think that’s enough. Source: Piotr Swat / Shutterstock.com After all, I’ve been a bull on TDOC stock for years now. Nothing this year has changed that. If anything, the past eleven months have only strengthened my optimism. Overall, Teladoc has
The facade of Blue Origin’s new rocket engine factory in Huntsville, Alabama. CNBC | Michael Sheetz The chief operating officer of Jeff Bezos’ private space company Blue Origin is leaving, the company confirmed to CNBC on Wednesday. Blue Origin CEO Bob Smith wrote in an e-mail to the company that COO Terry Benedict’s last day
Check out the companies making headlines before the bell Wednesday: Pfizer (PFE), BioNTech (BNTX) — Shares of Pfizer and BioNTech rose 3.4% and 5.8%, respectively, in the premarket after the U.K. approved the Covid-19 vaccine designed by the two companies. The rollout is expected to begin next week, with elderly people and medical workers first
At the end of the second quarter 2018, the United States’ trade deficit increased to its highest level since 2008. This was due to a steady rise in imports that was, in turn, fueled by strong domestic demand. According to the Bureau of Economic Analysis, the U.S. trade deficit reached $63.9 billion in September 2020, down $3.2 billion
The real estate sector is one of the duds in the S&P 500. This is highlighted by a year-to-date decline of almost 9% for the widely followed MSCI US Investable Market Real Estate 25/50 Index, confirming the struggle is real for real estate investment trusts (REITs). Making the performance of the broader REIT universe all
It takes a special kind of ugly to stand out for the wrong reasons this year. Yet that’s the ignominy that Luckin Coffee (OTCMKTS:LKNCY) finds itself in. After the lessons from high-profile scandals such as Enron, along with the events leading up to the Great Recession, you’d think that all C-suite executives would at least
Investors in Nvidia (NASDAQ:NVDA) have had a strong 2020. Right now, NVDA stock is up over over 130% year-to-date (YTD). However, after hitting an all-time high of just over $589 on Sept. 2, the shares came under pressure and fell as low as $468 on Sept. 8. Now in early December, they are currently around
If you like to invest in the biggest and best companies in a sector, then your best bet for cannabis wealth is definitely Canopy Growth (NASDAQ:CGC). A stake in CGC stock is a relatively safe position as Canopy is a giant among the world’s cannabis cultivators. Source: Shutterstock I sometimes refer to CGC as a
Check out the companies making headlines in midday trading. Palantir — The tech company slid more than 10% after Morgan Stanley downgraded the stock to underweight. The firm said Palantir now trades at a “significant premium” to its peers following shares’ more than 100% jump since the company went public on Sept. 30. Tesla —
When a sector gets hot, it often brings its weakest plays along for the ride. That’s exactly what going on with Ayro (NASDAQ:AYRO) at the moment. So, if you had any interest in AYRO stock, let me be the first to nudge you the other way. Source: Shutterstock After all, electric vehicles (EVs) are an
With very few avenues remaining for the Trump administration to contest the 2020 election results, Joe Biden will become the 46th President of the United States. While there are myriad implications of the incoming administration, one of them is the reinvigorated push toward clean energy. Naturally, this should serve Plug Power (NASDAQ:PLUG) very well. And
Online e-commerce sales broke new records for Black Friday and Cyber Monday as more consumers opened their wallets. This comes despite the fact that COVID-19 cases are rising. Source: Shutterstock Adobe Analytics found that shoppers spent a stunning $9 billion online this year for Black Friday, almost 22% more than last year’s figure. This represents
Covid-related growth rates are spiking. And it’s not just the virus. A few months ago, The Wall Street Journal reported that retail-investing volumes had climbed 30% on a year-over-year in the first half of 2020 to nearly 20% of all trades. One young client commented that “everyone and his uncle is trading their accounts constantly.”
People wear protective face masks outside Salesforce Tower as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 22, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines after the bell: Salesforce — Shares of the software company dropped
Both of these brokers have features built to appeal to buy-and-hold investors who take a long view. Vanguard built its reputation on mutual funds, and it is the world’s top provider of index funds. The brokerage was launched in 1983. Merrill Edge started operations in 2010 following Bank of America’s acquisition of Merrill Lynch, so
Income investors are typically focused on dividends first and foremost. There is good reason for this — high-quality dividend growth stocks like the Dividend Aristocrats have often produced superior long-term returns with lower volatility than the S&P 500. Top dividend stocks have the ability to provide income to shareholders year after year, even during recessions.
Hertz (OTCMKTS:HTZGQ), formerly trading under the ticker symbol “HTZ,” is no longer in the form we used to know. And if this sounds like an obituary for Hertz stock, that’s because to some degree, it is. Source: aureliefrance / Shutterstock.com Hertz has finally had the “Q” added to its ticker, as it gets relegated to
It’s been a solid year for Ericsson (NYSE:ERIC), with shares of Ericsson stock going from $8.80 to $12.21, which is near a 52-week high. Consider that the shares have not been at this level since over a decade. Source: rafapress / Shutterstock.com With the emergence of the novel coronavirus pandemic earlier in the year, there
Onconova Therapeutics (NASDAQ:ONTX) stock is on the move Tuesday despite a lack of recent news from the company. Source: Bukhta Yurii / Shutterstock.com The boost to Onconova Therapeutics stock today comes as it experiences heavy trading. This has more than 107 million shares of ONTX stock changing hands as of this writing. For comparison, that’s