“The supply-and-demand balance for lithium fell into deficit in 2020 for the first time in years, according to commodity analysts at CRU. For 2021, the firm is forecasting lithium demand of about 450,000 metric tons, exceeding supply by roughly 10,000 metric tons,” as noted by The Wall Street Journal. That’s all great news for lithium […]
Author: Ian Cooper
EV Stock Rise Higher
Electric vehicle charging stocks, like Blink Charging Co. (BLNK) were higher this week. All after President Biden made charging stations a top priority in his $2 trillion infrastructure plans. “AlixPartners estimates $300 billion will be needed to build out a global charging network to accommodate the expected growth of EVs by 2030, including $50 billion […]
NIO Stock Price Tumbles: Time to Buy More or Stay Away?
After exploding from about $22 to $64.60, the NIO stock price is coming under pressure. When this article was submitted, NIO was trading at $36.13 and falling. All after NIO temporarily halted production activity thanks to a global shortage of semiconductors. “The overall supply constraint of semiconductors has impacted the Company’s production volume in March […]
GME Stock Price Disappoints Investors
Gamestop (GME) released fourth-quarter results showing it missed on the top and bottom line, and the company may sell more shares to help fund its transformation. GME earned $1.34 per share on sales of $2.12 billion. The market was expecting EPS of $1.35 on sales of $2.21 billion. “The highly anticipated 4Q20 earnings report from GameStop […]
APPS Stock Price Up On Announcing Agreement to Buy Fyber N.V.
Digital Turbine (APPS) has become of the most explosive stocks on the market. APPS, which provides media and mobile communication solutions for mobile operators, application developers, device original equipment manufacturers, has seen its stock run from a low of $10 to nearly $84 a share since November 2020. From here, APPS could see $100 a […]
PLUG Stock Price Pulls Back After Accounting Errors: Time to Buy the Dip?
Plug Power (PLUG) pulled back in recent days after announcing accounting errors for 2018, 2019, and for the first three quarters of 2020. “Anytime a company needs to restate results, investors shoot first and ask questions later,” said Jeffrey Osborne, a New York-based analyst at Cowen, who maintained a buy-equivalent rating, with a price target […]
LAC Stock Price On Long Term Trend on Supply and Demand Imbalance
Lithium prices are gaining traction on the supply-demand story with stocks like LAC the prime beneficiaries. According to Barron’s, “The global lithium industry produces less than 600,000 metric tons a year today. Demand is expected to hit 1.5 million tons by 2025. Even with new lithium mining projects, increased supplies of the commodity don’t seem likely to […]
EYES Stock Price Soars Over 1,000% in a Week
Second Sight Medical Products (EYES) exploded from a low of $1.40 to $20 this week before retreating to around $11.00. All on news the U.S. FDA approved its Argus 2s Retinal Prosthesis System. According to EYES, the System is, “a redesigned set of external hardware (glasses and video processing unit) initially for use in combination […]
ZNGA Stock Price Pull-Back Represents a Good Buy Before the Next Run-up
There’s a good deal of excitement with mobile gaming stocks, like Zynga (ZNGA). Since late November 2020, ZNGA ran from a low of about $8 to a high of $12.25. It has since pulled back to $10.23, but appears attractive with big catalysts ahead of it. One, spending on mobile gaming could grow to $120 […]
OCGN Stock Price Surges After Partner Firms Shows 81% Effectiveness for COVID-19 Vaccine
Ocugen Inc. (OCGN) has been explosive this year. Since late December 2020, OCGN ran from a low of just 29 cents to a recent high of $13. Helping, OCGN just announced that its co-development partner, Bharat Biotech, announced the results of the first interim analysis of its Phase 3 study of COVAXIN, which demonstrated a […]