Suffice it to say, electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) hasn’t received a lot of love on Wall Street. Yet, after a prolonged drawdown, MULN stock’s comeback could be right around the corner. Mullen Automotive is making progress operationally and is at least showing some improvement on the financial front. It’s no secret that
In this article BABA NVDA TTWO CINF PACW FDX Follow your favorite stocksCREATE FREE ACCOUNT A Walmart in Atlanta, Georgia, US, on Sunday, Feb. 19, 2023. Walmart Inc.’s profit forecast for this year fell short of analyst estimates, signaling more struggles for the worlds largest retailer after it was hammered by a surge in inventory.
Did you ever consider Meta Platforms (NASDAQ:META) stock as way to gain exposure to the red-hot field of artificial intelligence (AI)? If not, then now’s the time to take a closer look at Meta Platforms. The company is shoring up its tech team with machine-learning experts, so don’t be too shocked if Meta suddenly emerges as
The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Novavax (NASDAQ:NVAX) stock will gain 7% by June 15. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The
Investing is a tug-of-war between bullish and bearish sentiment. Near-term price swings provide long-term investors with great entry points to pick up unfairly beaten-down stocks. Accordingly, astute investors will spend more time focusing on stocks that have traded at undervalued levels for longer than they should. Investors shopping for sold-off stocks overdue for a relief
Green hydrogen is arguably one of the cleanest energy sources and has sparked interest in buying hydrogen stocks. As the world pushes towards net zero, wagering on hydrogen could be one of the most lucrative opportunities for long-term investors. Currently, hydrogen represents a meager 0.1% of the global energy mix. However, to achieve net zero within
Electric vehicle battery technology company QuantumScape (NYSE:QS) might seem like a promising startup in a potentially hyper-growth niche industry. However, financial traders should maintain low expectations for QS stock in 2023. It’s a harsh reality to face, but QuantumScape’s financials aren’t ideal. Moreover, the company’s progress toward product commercialization is moving at a snail’s pace. QuantumScape
High-risk meme stocks have recently become incredibly popular in the media and across social media platforms. However, wagering on unpredictable assets without substance will be detrimental to long-term investors. In fostering a well-rounded strategy, it is imperative to focus on developing a diversified portfolio and focusing on a long-term plan. Stock speculation resembles gambling rather
Lithium demand – and related lithium stocks could go into overdrive, especially with electric vehicle sales set to accelerate. According to the International Energy Agency (IEA), “Global sales of electric cars are set to surge to yet another record this year, expanding their share of the overall car market to close to one-fifth.” In addition,
Energy stocks have a lot going for them. The world needs a ton of electricity and transportation fuels every day. Energy is inflation-protected, as prices tend to rise during unsettled periods such as we’ve experienced recently. And energy stocks sell at low P/E ratios while often offering high dividend yields. But investors shouldn’t lose sight of
Metaverse stocks are nowhere near as popular as they were a few years ago. They’re seen as high-risk now. Rewind to late-2021 and it was just as easy to speculate that they were a surefire ticket to riches. At that time, investors were scrambling to understand what the metaverse was, and what it could be.
In this article MU TTWO BOOT BABA 6758.T-JP ZION Follow your favorite stocksCREATE FREE ACCOUNT Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Check out the companies making headlines before the bell Thursday. Walmart – Shares
Retail stocks haven’t been lighting the world on fire lately. The SPDR S&P Retail Exchange-Traded Fund (NYSEARCA:XRT) that tracks the sector is flat on the year (down 0.30% since January). Investors and traders seem to be taking a “wait-and-see” approach to retail stocks as the U.S. economy and consumer spending slow in the wake of
We’ve all heard the adage, “Sell in May and Go Away,” but should investors in contemporary times target stocks to sell in the fifth month of the year? According to Corporate Finance Institute, under the original context, the British upper class would sell their securities in May so that they can relax and enjoy the
As the banking crisis persists, bank stocks continue to trade at depressed prices. With this, many investors are waiting for Warren Buffett to step in and save the day. In recent years, Buffett has lowered Berkshire Hathaway’s (NYSE:BRK-A, NYSE:BRK-B) exposure to the sector. However, investors are hoping Buffett could potentially increase Berkshire’s banking stock exposure
Semiconductor stocks are gaining importance as the technology is increasingly significant in everyday life. They’re in almost all advanced electronics, from your car to your smart refrigerator. But semiconductors also play an essential role in the growth of artificial intelligence technology. If you’re convinced, as I am, that the development of AI will change the
As any stock trading for under $5 per share is classified as a “penny stock,” admittedly sometimes this term can be a misnomer. However, this term accurately describes Ideanomics (NASDAQ:IDEX), as IDEX stock trades for literal pennies per share. At first glance, this early-stage electric vehicle company may seem a low-downside/high-upside opportunity. Especially as shares
By any conventional measurement, the current market valuation of Nvidia (NASDAQ:NVDA) stock looks ridiculous. At $288 per share, you’re paying 167 times earnings. The yield on the 4 cent/quarter dividend is 0.06%. (That may be less than your checking account.) You’re paying 19 times next year’s expected earnings to own it. It’s true that I
With encouraging government policies aimed at boosting the electric vehicle industry, we have seen a massive rise in the demand for EVs across the world. Governments are going all out to help with the adoption of EVs and automakers are here to make the most of the situation. There was a time when Tesla (NASDAQ:TSLA)
I’ve long been upbeat on green energy stocks in general and renewable stocks in particular. With the world’s largest governments tremendously backing the switch to renewable energy and the electric-vehicle revolution greatly increasing the electricity demand, it was obvious to me that the best renewable names would be very high-reward stocks. Earlier this year, my belief in