Stock Market

Justin Sullivan After a 70% retracement in Rivian Automotive, Inc. (NASDAQ:RIVN) stock price this year, I believe RIVN offers investors significant long-term upside potential. In addition, the EV company recently reaffirmed its production forecast of 25K electric-vehicles, and the stock, in my opinion, remains very appealing to investors on a cash-corrected basis. Rivian Automotive’s sales

Lorena Ledesma/iStock via Getty Images Investment Thesis ROKU Projected Revenue, Net Income (in billion $)%, EBIT %, and EPS, FCF %, and Net Debt S&P Capital IQ It is evident that the management’s bearish commentary has had market analysts catastrophically slashing Roku’s (NASDAQ:ROKU) FY2024 top and bottom line growth by -31.05% and -1,533%, respectively, since

J. Michael Jones/iStock Editorial via Getty Images Author’s Note: This article was published on iREIT on Alpha/dividend Kings in November of 2022. Dear subscribers, This is far from the first time I’m taking a look at the great company that is Fresenius (OTCPK:FSNUY). At times, it’s very easy to forget that this company, in the

Given the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution. For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes

Michael M. Santiago DoorDash, Inc. (NYSE:DASH) is a TechStockPros favorite. Our bullish sentiment on the stock is based on our belief that DoorDash’s pullback creates an attractive entry point to invest in the company’s 2023 growth catalysts. We believe DoorDash’s 62% YTD drop results from the company losing its pandemic catalysts. The company witnessed orders

There’s a one-two punch of unfavorable news for SoFi Technologies (NASDAQ:SOFI), courtesy of the U.S. government. First of all, President Joe Biden’s administration is extending the moratorium on federal student loan repayment requirements. Also, a group of senators sent a letter to SoFi, requesting to review the neo-banking firm’s cryptocurrency-market dealings. These developments make it extremely

sykono Thesis Freeport-McMoRan Inc. (NYSE:FCX) has outperformed our expectations since we last updated in our previous article in early October. Accordingly, FCX notched a total return of nearly 33% compared to the S&P 500’s (SPX) (SP500) 9.4% uptick. Relative to FCX’s 5Y and 10Y total return of 24.7% and 2.2%, buyers who picked the recent

It hasn’t been a good year for growth stocks. The iShares S&P 500 Growth exchange-traded fund (NYSEARCA:IVW) is down nearly 25% with one month to go in 2022. Some of the worst performers from this ETF are going to need a new CEO. Before I come up with my three names of CEOs that need

AndreyPopov/iStock via Getty Images High Probability in the Financial Services Sector of Catching a Winner Investors are drawn to U.S.-listed financial services companies because these stocks should benefit from the U.S. Federal Reserve’s rate-hiking policy, but uncertainty about the economy and other factors kept them out of the sector for a while. This has created

Will Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) join the Big Tech layoff club? It’s a valid question, but GOOG stock investors shouldn’t worry too much. If there is a large-scale workforce reduction at Google, it’s a sign that the company is being proactive in navigating a challenging economy. Don’t misunderstand — layoffs aren’t

Scott Olson/Getty Images News Inflation Reduction Act Inflates Share Price I first wrote about Constellation Energy (NASDAQ:CEG) in January 2022, prior to the spinoff from Exelon (EXC). I reviewed it again in May after its first earnings release as an independent company. Both times, I noted that government support for nuclear power would be supportive

sergeysan1 While a lot of companies discuss building urban air mobility (UAM) networks in the next few years, Blade Air Mobility (NASDAQ:BLDE) has already successfully built an air mobility platform. The company now has a network covering the US, Canada and Europe preparing the business for the eventual launch of eVTOLs. While competitors wait for

When was the last time you visited a GameStop (NYSE:GME)? Its management team apparently rather you didn’t know; the firm stopped reporting same-store sales in 2021. E-commerce sales are also no longer reported separately, an ominous sign for a firm whose chairman once promised to build “a powerful e-commerce platform that provides competitive pricing, broad

MikeMareen Introduction In 2022, Tesla’s (NASDAQ:TSLA) stock has been cut in half, and the relative underperformance compared to major equity indices like the S&P 500 (SPX) and Nasdaq-100 (QQQ) is getting worse by the day. Elon’s daily Twitter antics are dominating the sentiment around Tesla’s stock, and many retail & institutional investors are seemingly running

California-based electric vehicle manufacturer Mullen Automotive (NASDAQ:MULN) offered a great deal of promise in 2020 and 2021. Since then, however, MULN stock has had steep capital losses. A short-seller tried to warn prospective shareholders earlier this year. As it turns out, the short side of the trade was the right one, and there’s no reason

Boogich/iStock Unreleased via Getty Images The US automotive market has been tumultuous over the past two years. The events of 2020 initially caused a significant decline in demand for vehicles but also spurred an even more substantial and long-lasting drop in vehicle production and the production of crucial vehicle inputs (i.e., semiconductors). As many US

In line with the overall stock market, Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) stock has moved higher in recent weeks. Since hitting a new multi-year low on Nov. 3 ($83.45 per share), GOOG stock has climbed back up to around $95.14 per share. With a company-specific developments (more below) also giving shares a boost, some may believe now that a

4kodiak/iStock Unreleased via Getty Images Thesis I have previously argued that Amazon (NASDAQ:AMZN) is overvalued as compared to fundamentals and highlighted that the company would need more operating discipline to build a sensible business model in the e-commerce business. Although (as an investor) I appreciate the efforts surrounding job cuts and logistic footprint optimization, I

Justin Sullivan Amid unprecedented pessimism for tech stocks and global growth in general, it’s important for long term-oriented investors to sift through the proverbial scrap piles to assess the damage. In many cases, companies’ share prices are a shell of their former heights, but there are still many bright spots in the fundamentals that are

Recent news that Walt Disney Co. (NYSE:DIS) had suddenly and unexpectedly fired its CEO, Bob Chapek, and was bringing back former CEO, Robert Iger shook the business world. Chapek’s tenure running Disney lasted barely two years and was tumultuous as the company navigated its way through the Covid-19 crisis when its theme parks were forced