FuelCell Energy (NASDAQ:FCEL) is up an amazing 87% so far this year and 92% plus in the last month. FCEL stock continues to move up based on rampant speculation. I wrote about this on Dec. 31 and earlier in December and how FCEL stock spiked over 1,128% in the last year. Source: Kaca Skokanova/Shutterstock The company
Month: February 2021
The EV Revolution arrived on Wall Street with a bang in 2020. All EV stocks — from the Tesla (NASDAQ:TSLA) mothership down — soared. One of the biggest winners was solid-state EV battery maker QuantumScape (NYSE:QS). QS stock, once a $10 stock in late 2020, soared as high as $130 just before Christmas 2020. Source:
This weekend, as the #silversqueeze hashtag made its way across the internet, silver prices forebodingly edged past the $30 mark – the highest it’s been since the beginning of 2013. With a physical metal shortage on the horizon, Redditors and Wall Street pros alike are starting to ask themselves: can another $SLV short squeeze happen?
Electric vehicle (EV) companies are succeeding by turning existing transportation models upside down. Moreover, the public is finally buying into the EV vision in a big way. As a result, EV stocks had a banner year in 2020. For instance, Canoo (NASDAQ:GOEV) closed it out with a massive surge in price. However, that was followed
Atlanta Federal Reserve President Raphael Bostic said Monday that he’s not worried about the U.S. economy overheating, though he does think growth could happen faster than many expect. In an estimate well ahead of most of his colleagues, Bostic, a voting member of the policymaking Federal Open Market Committee, recently drew attention for saying that
Jakub Porzycki | NurPhoto | Getty Images GameStop stock has defied gravity in the past and it could again, but there are some signs its stock may be topping out, some strategists say. GameStop was down sharply Monday, off more than 30% at $225. It has been the poster child of a group of stocks
I know what it’s like to be aligned with the latest phenomenon in the market: r/WallStreetBets, the subreddit on social media platform Reddit that has driven failing video game retailer GameStop (NYSE:GME) to the moon. But when it comes to WSB’s latest target Naked Brand (NASDAQ:NAKD), I’ve got to reassess whether I’m an advocate of
After a volatile decade, clean energy stocks have surged in the past few months.
Markets are running on borrowed time. That’s the prevailing sense on Wall Street. This is different than saying it’s time to short the indices. What makes sense is to shore up current positions and get ready to add long-term investments on dips. When the current conditions are risky and confusing, that’s when it’s wise to
Shares of solid-state battery maker QuantumScape (NYSE:QS) grew by a mammoth 259% in 2020. However, so far this year, QS stock is down roughly 58%. It appears investors are now taking note of the commercialization and development hurdles associated with the technology along with its weaknesses. Despite the drop in price, though, QS stock is
Visa Inc. (V) is one of the dominant digital payments brands globally, providing services in more than 200 countries and territories to individual consumers, merchants, financial institutions, and governments. The company provides a broad range of services, which include authorization, clearing, and settlement services for financial institutions and merchants. Additionally, while Visa does not issue
The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the GameStop logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images GameStop shares were volatile in pre-market trading on Monday as the Reddit-fueled frenetic trading continues. Shares of the
Take a look at some of the biggest movers in the premarket: Otis Worldwide (OTIS) – The world’s biggest producer of escalators and elevators reported quarterly earnings of 66 cents per share, 7 cents a share above estimates. Revenue came in above estimates as well and Otis issued a better-than-expected earnings forecast for 2021. Otis
Even compared with other electric-vehicle stocks, QuantumScape (NASDAQ:QS) stock became overvalued for awhile late last year. QuantumScape, which is developing solid-state batteries for EVs, became a publicly traded company when it merged with Kensington Capital, a SPAC (special purpose acquisition company), late last year. Source: Tada Images / Shutterstock.com As with other EV firms that merged
Advanced Micro Devices (NASDAQ:AMD), one of the largest makers of computer and graphics chips, released robust fourth-quarter results on Jan. 26, beating on top and bottom lines. But following the announcement, investors decided to hit the “sell” button in AMD stock. Source: Fabio Alcini / Shutterstock.com Despite the rapid drop in AMD shares in recent
The fine folks at Reddit already think I’m a useless pile of manure so this take will be injurious to me because it might strike a little too close to home. Nevertheless, I think it’s substantially relevant for Pershing Square Tontine (NYSE:PSTH), the special purpose acquisition company that billionaire activist investor Bill Ackman sponsors. As
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is preparing to begin production of the next-generation of its Starlink internet satellites, according to a company job posting, with the company having deployed more than 1,000 first-generation satellites in orbit to date. A posting on the company’s careers page, open at the time
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines after the bell: Facebook — Shares of the social media giant was down more than 4% in after hours trading on Wednesday following its quarterly results. Earnings came in at $3.88 per share,
The average investor is probably very familiar with some of the more well-known dividend growth stocks like 3M Company (NYSE:MMM), The Coca-Cola Company (NYSE:KO) and Johnson & Johnson (NYSE:JNJ). But when it comes to Dividend Kings, those stocks with at least 50 consecutive years of dividend growth, there are many names with smaller market capitalizations that
The stock market had a big sell-offs last week. The S&P 500 dropped more than 3% for the week, and the Nasdaq composite fell more than 4%. Leading momentum names, such as Nio (NYSE:NIO) stock, gave back significant ground. In particular, Nio, for what it’s worth, declined more than 5% for the week. Source: Andy