Thursday, September 23

NASDAQ:TSLA

Hot Stocks, NASDAQ:AMZN, NASDAQ:NKLA, NASDAQ:TSLA, NASDAQ:WKHS, NYSE:NIO, OTCMKTS:LCDX

Nikola Stock Could Be a Long-Term Winner

Nikola (NASDAQ:NKLA) is one of the latest entrants into the electric-vehicle (EV) segment, and it will be drawing lots of attention for years to come. Demand for EVs in the US is stabilizing, and the market has proven its staying power. EVs will not be a passing fad. Tesla (NASDAQ:TSLA) has become the largest automobile manufacturer by market capitalization. But there are many varied, exciting names in the space, including Nikola stock. Source: Stephanie L Sanchez / Shutterstock.com Workhorse (NASDAQ:WKHS) is looking to corner the delivery portion of the industry. Rivian is working on a pickup truck and is building electric vans for Amazon (NASDAQ:AMZN). Lucid (OTCMKTS:LCDX) will produce a large sedan. Nikola will be looking to dominate the heavy-duty, tractor-trail...
NASDAQ:AMZN, NASDAQ:BYND, NASDAQ:GOOG, NASDAQ:GOOGL, NASDAQ:TSLA, NASDAQ:XEL, NYSE:CVS, NYSE:IBM, NYSE:IRM, NYSE:K, NYSE:LOW, NYSE:PM, NYSE:PSA, NYSE:RTX, Stocks to Buy

9 Boring Stocks to Support Your Portfolio

Editor’s note: “9 Boring Stocks to Buy You Should Never Let Go Of” was previously published in June 2020. It has since been updated to include the most relevant information available. Following the worst of the novel coronavirus pandemic, the economy showed signs of significant improvement. First, the May jobs report came in well above expectations with 2.5 million jobs added. Later, the retail sales report for that month confirmed a surge in consumer activity. Therefore, some investors turned away from boring stocks to buy and focused on more exciting fare. However, the latest read on weekly initial jobless claims gave everyone a harsh reality check. Another 1.4 million Americans filed for unemployment benefits. This was the 19th consecutive week with more than one million cla...
NASDAQ:AMZN, NASDAQ:TSLA, NYSE:SPCE, Trading Advice

Virgin Galactic Stock Isn’t Ready for Takeoff

Space may be the final frontier. For Virgin Galactic (NYSE:SPCE) customers, however, that boundary looks closer than ever. But investors should wait before rushing into SPCE stock. Why? It is better to wait for shares to make their own technical lift-off. Source: Tun Pichitanon / Shutterstock.com Space tourism operator Virgin Galactic is going places. Not today or next month, but maybe as soon as early next year. This past week, the company offered a taste of what is in store through a virtual reality experience of the rocket's cabin. Big deal you say? Well, it should prove a giant leap for mankind. Still, that is not all SPCE has up its sleeve as it continues to pursue other related technology-driven ventures for future profits. Recent Headlines Have SPCE Stock Cruising ...
Hot Stocks, NASDAQ:AAL, NASDAQ:AMZN, NASDAQ:CRON, NASDAQ:DKNG, NASDAQ:GNUS, NASDAQ:GPRO, NASDAQ:INO, NASDAQ:MRNA, NASDAQ:NFLX, NASDAQ:TSLA, NYSE:ACB, NYSE:AMC, NYSE:BA, NYSE:CGC, NYSE:CHK, NYSE:F, NYSE:GE, NYSE:GM, NYSE:HEXO, NYSE:HTZ, NYSE:LUV, NYSEARCA:USO, NYSEMKT:IBIO, OTCMKTS:JCPNQ

9 Top Robinhood Stocks You May Want to Avoid Here

At the height of the pandemic, amid stay-at-home orders, retail investors flooded onto the zero-commission Robinhood stock trading platform. Since then, so-called Robinhood stocks have become something of a pejorative among experienced investors. After all, the conventional wisdom is that retail investors tend to enter a market at the top. The dot-com bubble of the late 1990s, which burst in early 2000, is best perhaps the best example. Of course, that’s not what happened in 2020. In this case, the retail investors were right. Robinhood’s trading activity picked up noticeably in March, when stocks plunged as institutions and hedge funds fled the market. Individual investors, by and large, bought at the bottom. Thousands made huge profits in names like Tesla (NASDAQ:TSLA) and Ama...
NASDAQ:FCEL, NASDAQ:NKLA, NASDAQ:PLUG, NASDAQ:TSLA, NYSE:BE, NYSE:XOM, Stocks to Sell

FuelCell’s Threats Still Outweigh Its Potential

FuelCell's (NASDAQ:FCEL) stronger-than-expected second-quarter results have not made me more optimistic about the company's overall outlook, and I continue to be bearish on FCEL stock. Source: Kaca Skokanova/Shutterstock Given the tremendous threats faced by the company and its lack of concrete strengths or opportunities, along with the recent weakness of alternative-fuel stocks, I recommend that both traders and longer-term investors avoid FuelCell. Q2 Beat Was Driven by Old Projects Speaking on FuelCell's Q2 earnings conference call, CFO Michael Bush made it clear that the year-over-year doubling of the company's revenue to $38 million was driven by increased fees from previously existing deals. Specifically, Bush said: "The biggest contributor was revenue from service and...
NASDAQ:MSFT, NASDAQ:TSLA, NYSE:NIO, Trading Advice

Here’s Why Nio Stock Is Just Getting Started | InvestorPlace

Whether or not the increasingly stock market is overheated is a contentious point. But when it comes to Nio (NYSE:NIO) stock, there's now plenty of fuel in the tank — off and on the price chart — for investors to buy into. That said, let's examine what's happening in Nio stock right now and offer one risk-adjusted strategy to avoid always possible car wrecks ; While also being positioned for a more bullish road ahead. Source: Sundry Photography / Shutterstock.com The market is offering investors some additional sizzle entering the month of August. Led by the tech-heavy, large-capitalization Nasdaq Composite, gains of more than 3.7% last week are being improved upon by roughly 1.5% at this point on Monday. And Shanghai-based electric vehicle (EV) upstart Nio is going alon...
Hot Stocks, NASDAQ:TSLA, NYSE:F, NYSE:GM

Was This the Bottom for General Motors?

If the second quarter was the bottom for General Motors (NYSE:GM) and GM stock, it should come out of the recession OK. Source: Katherine Welles / Shutterstock.com The company lost $800 million, 50 cents per share diluted and adjusted, on revenue of $16.8 billion. It ended the quarter with $30.8 billion in liquidity after going through $7.8 billion of cash. The numbers could have been worse. Analysts had expected a loss of $1.77 per share. They also expected revenue of $17.3 billion. GM chief financial officer Dhivya Suryadevara said the company could soon make $4.5 billion before interest and taxes if an overall recovery is underway. GM expects to pay back the $16 billion in revolving credit it drew down in March by the end of the year. The market, however, reacted by se...
Hot Stocks, NASDAQ:NKLA, NASDAQ:TSLA

Start Accumulating Nikola at the Currently Discounted Price

Electric-truck maker Nikola (NASDAQ:NKLA) has been a hot topic among traders since the company went public via a SPAC, or special-purpose acquisition company. From the outset, Nikola stock traders enthusiastically bought into the SPAC hype along with the mania surrounding the electric-vehicle market. Source: Stephanie L Sanchez / Shutterstock.com To be honest, some of the excitement surrounding the Nikola SPAC was due to the concurrent run-up in Tesla (NASDAQ:TSLA) shares. At some points, the moves in Nikola stock almost exactly mirrored the price movements in Tesla stock. Some cautious investors were concerned that the initial run-up in Nikola stock wasn't sustainable. Those concerns were quite reasonable and the shares did indeed lose much of their value in July. Is that a...
NASDAQ:TSLA, NYSE:SPCE, Stocks to Sell

SPCE Stock: Sell Into Strength With Virgin Galactic | InvestorPlace

With shares back above $20 per share, should you dive into Virgin Galactic (NYSE:SPCE) stock? Not so fast! Recent developments, and overall excitement over space exploration companies, may have sent shares higher. But at today's prices, the risk/return proposition is even less in your favor. Source: Tun Pichitanon / Shutterstock.com How so? Right now, Virgin is the only way for retail investors to gain exposure to the space exploration megatrend. Elon Musk's SpaceX and Jeff Bezos' Blue Origin remain privately held. But if one, or both of them go public, all bets are off. Given Musk's social proof via his success with Tesla (NASDAQ:TSLA), many could jump ship and put their chips on SpaceX. And while Bezos (despite being the world's richest man) doesn't have Musk-level celebri...
NASDAQ:AAPL, NASDAQ:AMZN, NASDAQ:FB, NASDAQ:GOOG, NASDAQ:GOOGL, NASDAQ:LSTR, NASDAQ:NKLA, NASDAQ:TSLA, NYSEARCA:IYT, Trading Advice

3 Transportation Stocks to Trade Now for the Long Haul

Is it time to keep on trucking? If you're in the Nasdaq Composite, that is certainly the case. But not all transportation stocks are performing equally. Some are plowing ahead, and others have hit serious roadblocks. Today, I want to take a look at three primed for trading opportunities. The Nasdaq Composite is ending this week on a high note. Investors can thank earnings beats from influential index constituents like Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB). Could more all-time highs be just down the road? But while many trillion-dollar stocks muscle the major indices into a deeper state of divergence from the overall economy, other market sectors have been less of a one-way street for investors. Transportation stocks are one area embod...