If there’s one thing we can all agree on right now, it’s that we’re ready for 2021. Source: Shutterstock This year has been one of surprises — most of them unpleasant. It seems forever ago now, but 2020 actually got off to a great start. The Dow rose to an all-time high in the first
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In what’s been a blistering year for solar equity gains, Sunworks (NASDAQ:SUNW) stock is participating in that trend. Sunworks is higher for the year by a jaw-dropping 251%. On the surface, that’s an undoubtedly impressive performance – one that compares favorably with the 166% returned by the Invesco Solar ETF (NYSEARCA:TAN). Of course it helps
Recent days have been tough for Nio (NYSE:NIO), but the Chinese electric vehicle company was turning things around on Thursday. In fact, NIO stock closed out regular trading up 2.75%. However, that all changed thanks to an after-hours announcement. So what do investors need to know right now? Source: Robert Way / Shutterstock.com Essentially, Nio
Delta Air Lines (NYSE:DAL) is having a vaccine rally. Since closing at $31.42 on Dec. 6, DAL stock is up nearly 36% (as of this writing). Source: Markus Mainka / Shutterstock.com The catalyst is several Covid-19 vaccines that could start being distributed in December. However, as I see it, when it was trading at $31.42,
After a bad start, ridesharing platform Uber (NYSE:UBER) is now selling for well above its $45 initial public offering (IPO) price. However, Lyft (NASDAQ:LYFT) — a very similar company — is yet to see its $72 IPO price. But that may be about to change for Lyft stock. Source: Tero Vesalainen / Shutterstock.com How? After
Electric vehicle stocks are all the rage in 2020, yet Nikola (NASDAQ:NKLA) is in danger of missing out on a more-substantive long term. Yes, NKLA stock is higher by 170.64% year-to-date, but looks can be deceiving. Source: Stephanie L Sanchez / Shutterstock.com Even the 42% gain for the month ending Nov. 27 comes with plenty
In remarks at the United Nations General Assembly on September 22, Chinese President Xi Jinping declared that China would achieve CO2 emissions neutrality by 2060 and that the country’s carbon emissions would peak “before 2030.” Source: Shutterstock To be sure, China has been enthusiastically pursuing its green-energy ambitions for many years already. But when President
Starbucks Corp (NYSE:SBUX) reported generally miserable results on Oct. 29 for its fiscal Q4 ending Sept. 27. But that is good for SBUX stock. It means that in the future the company will have great comparisons. Given that the worst of the novel coronavirus crisis is close, Starbucks stock will rise on positive earnings surprises
Seasoned investors understand that traders can get ahead of themselves sometimes, even with a great company like Starbucks (NASDAQ:SBUX). So, it’s entirely possible to like Starbucks stock for the long term while also advising prudence when its price action gets overheated. Source: Natee Meepian / Shutterstock.com Now, don’t get me wrong — if you’re looking for
Social Capital Hedosophia Holdings II (NYSE:IPOB) seemingly has all the makings of the winner. It has a great backer, an exciting story, and the stock is already trading strongly. The company’s business, housing, is also booming right now. What’s not to like? All in all, IPOB stock seemingly has a perfect set-up. Source: Shutterstock However, when
Shopify (NASDAQ:SHOP) has generated a massive return for bulls this year. SHOP stock is up 165% in 2020 and 253% from the March lows. Did you miss the move? If not, congratulations. If so, don’t beat yourself up. Source: Beyond The Scene / Shutterstock.com For a quick reminder, we saw the fastest bear market in history,
Lawmakers are looking to make things a little greener in the United States, but cannabis stocks are not all taking the bait. Today, the House of Representatives voted to pass the Marijuana Opportunity Reinvestment and Expungement (MORE) Act. As a result, Canopy Growth (NASDAQ:CGC), Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) are all on the move.
As Americans, we tend to love the underdog, the come-from-behind story. Perhaps that’s the subconscious reason I tried to give Nokia (NYSE:NOK) the benefit of the doubt. While the broader situation didn’t look too hot for NOK stock, especially with rivals like Ericsson (NASDAQ:ERIC) faring so much better, the Finnish telecom-equipment provider has demonstrated occasional
We’ve started the last month of this crazy year on a high note. Stocks are breaking out to new highs to end this first week of December … and investors are making a whole lot of money as a result. Source: Shutterstock In today’s new episode of MoneyLine, I dive into the market’s strength and
Everything was going just right for Nio (NYSE:NIO). Then, seemingly overnight the tables turned and NIO stock started falling. Now, shares are plunging once more without any major company news. So what do you need to know about NIO stock? And why is the beloved Chinese electric vehicle maker struggling? Source: Andy Feng / Shutterstock.com
Sit back, grab some popcorn and pay attention to the news coming out of the entertainment world. Investors who did that today likely noticed a major downward move in AMC Entertainment (NYSE:AMC) and its movie theater peers. Unfortunately for AMC stock, Thursday did not bring a happy ending. Instead, shares closed lower by nearly 16%
A lot of time has passed since we last heard from Luckin Coffee (OTCMKTS:LKNCY) stock. After a scandal-ridden 2020, perhaps the company felt it best to keep a low profile. However, I don’t think that it’s a recipe for success for Luckin stock. Source: Keitma / Shutterstock.com People are hungry for news. In July, the company
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
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
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