Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where are the profit takers” after
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Check out the companies making headlines after hours on Tuesday: HP Inc. —
ElectraMeccanica (NASDAQ:SOLO) stock has caught fire recently, surging from about $2.50 to $9 in less than two months, as Wall Street has grown increasingly bullish on the electric vehicle megatrend. That’s a huge rally. And I’m here to tell you that this jaw-dropping breakout in SOLO stock is just the beginning. There are really two big things
Many economic sectors have seen revenue and profits collapse over the course of 2020, due to the coronavirus pandemic. Industries such as energy, restaurants and retailers are among the hardest-hit areas of the economy. But not all industries are struggling – alcohol stocks continue to generate strong profits and steady growth throughout the year. The
Hyliion (NYSE:HYLN) stock is one of the SPAC-funded, electric-vehicle names that have recently hit the markets. Investors know all about Nikola (NASDAQ:NKLA) and its woes. Lordstown Motors (NASDAQ:RIDE) and Fisker (NYSE:FSR) are two of the other EV companies that have obtained funding by merging with a SPAC. But Hyliion stock is not as well-known as
With Thanksgiving just two days away … I offer you my special “Turkey Day” MoneyLine podcast. Source: Shutterstock It’s one of the most information-heavy and idea-packed shows I have ever recorded. It’s a special thank you to my loyal followers — and a nice little bonus to give you an edge at your holiday get-togethers.
The utilities sector encompasses all companies whose core business involves producing, generating, or distributing basic utilities: gas, electricity, and water. The average debt-to-equity ratio, or D/E ratio, for the utilities sector in the first quarter of 2020 was 0.08. In the fourth quarter of 2018, it reached .15, which was enough for Moody’s Investors Service
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. By one firm’s analysis, PayPal and Square clients have been buying the majority of the new bitcoin
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – The electronics retailer reported quarterly earnings of $2.06 per share, beating the consensus estimate of $1.70 a share. Revenue came in above estimates as well. Best Buy’s comparable sales jumped 22.6%, well above the FactSet consensus estimate of 13.6%.
Palantir Technologies (NYSE:PLTR) reported excellent earnings on Nov. 12 for Q3. PLTR stock should do quite well over the next year if it continues to roll out reports like this. Source: Sundry Photography / Shutterstock.com Moreover, Palantir seems to be on a path to generate positive free cash flow. Once it does that PLTR stock
With a new administration comes stocks to sell, but just when you thought the drama involving the 2020 election was over, Fox News revealed a startling story. Recently, two Los Angeles men were arrested after attempting to submit 8,000 ballot applications in place of nonexistent or deceased U.S. citizens. The effort involved fraudulently attempting to
SPACs, or special purpose acquisition companies, have been on fire in 2020. The SPAC structure has been around for close to three decades, but its popularity has exploded recently. There are a number of reasons why. Perhaps the most salient is the unprecedented volatility in public markets. The traditional initial public offering process requires the
Receding trade worries and new growth opportunities have sent semiconductor stocks higher IShares PHLX Semiconductor ETF: https://www.zacks.com/funds/etf/SOXX/profile?cid=CS-YOUTUBE-FT-VID Invesco Dynamic Semiconductors ETF: https://www.zacks.com/funds/etf/PSI/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Semiconductor ETF: https://www.zacks.com/funds/etf/XSD/profile?cid=CS-YOUTUBE-FT-VID VanEck Vectors Semiconductor ETF: https://www.zacks.com/funds/etf/SMH/profile?cid=CS-YOUTUBE-FT-VID NVIDIA: https://www.zacks.com/stock/quote/NVDA?cid=CS-YOUTUBE-FT-VID AMD: https://www.zacks.com/stock/quote/AMD?cid=CS-YOUTUBE-FT-VID Taiwan Semiconductor: https://www.zacks.com/stock/quote/TSM?cid=CS-YOUTUBE-FT-VID Applied Materials: https://www.zacks.com/stock/quote/AMAT?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on
Relativity Space Relativity Space wants to use enormous 3D-printers to revolutionize the way rockets are built – and CEO Tim Ellis told CNBC that the company now has a “war chest” of capital to do so. “We’re excited to announce a $500 million Series D funding round at a valuation above $2 billion from top
Former Federal Reserve Board Chairwoman Janet Yellen Joshua Roberts | Reuters President-elect Joe Biden’s choice of Janet Yellen as Treasury Secretary was seen as a win for markets, since the former Federal Reserve chair should focus on fixing the economy rather than the progressive Democratic agenda feared by some investors. The first woman Fed chief
Investing in utilities stocks has, for generations, been thought of as an alternative to owning bonds. Thus, owning shares of NextEra Energy (NYSE:NEE) was considered a safety play as NEE stock has offered consistent returns with a decent dividend yield. Source: madamF / Shutterstock.com As times change, though, so must our investing strategies. In mid-November, it
Real estate investment trusts, or REITs, manage, own, or operate income-producing real estate. These trusts typically own various residential and commercial properties, including hotels, apartments, warehouses, and others. The primary appeal of REITs is their track record of consistently paying large dividends that increase over time. REITs are often more liquid than traditional stocks as
Even in the midst of the second — and possibly third — wave of the novel coronavirus, many investors are hunting for a perfect “recovery trade.” Beaten-down banks like Wells Fargo (NYSE:WFC) might seem like a good candidate for an investment. After all, WFC stock is “cheap,” right? Source: Martina Badini / Shutterstock.com The thing is,
Sunworks (NASDAQ:SUNW) is seeing its stock soar Monday, up more than 25%. But without any recent news or press releases from the solar company, what is behind the rise in SUNW stock? Source: Shutterstock Even without any recent news, investors should still pay close attention to the California-based solar company. Especially after shareholders rejected a
The periodic table represents the earth’s known chemical elements, and some of them make excellent investments. Rare earth metals, along with a selection of elements known as base and precious metals, provide today’s investors and active traders with a variety of trading opportunities. They’re also often formed into ingots for physical purchases. Key Takeaways Investors