Thursday, December 26, 2024
There’s been a crazy amount of options action in recent days in the electric vehicle industry. Lucid Group (LCID) is one of the latest EV stocks to get lots of attention by traders. The new company has a market cap larger than Ford (F), at least for the time being. On a day when over […]
After consolidating around $25 a share since June, Power Plug’s (PLUG) broke out to over $40 this week. And from here, PLUG’s stock price could soon test $50. This is all thanks to a red-hot hydrogen trend that shows no signs of cooling off any time soon. Analysts at Goldman Sachs and Bank of America […]
Global leaders want millions of EVs on the roads by 2030, sending electric vehicle stocks accelerating. These goals have been set in effort to reduce vehicle emissions. The U.S. for example, wants to cut emissions by as much as 50% by 2030. President Biden signed an executive order that would make half of all new […]
The Biden administration recently indicated they want 50% of all vehicle sales by 2030 to be zero-emission—i.e., electric cars. While I am skeptical that Americans will be willing to buy that many electric vehicles, my thoughts today concern what companies will profit from the electrification of the U.S. vehicle fleet. And it’s worth noting that […]
I’m seeing an incredible opportunity building with Tesla. So far, in 2021, the stock is actually negative (while the S&P and Nasdaq hit records). Normally, that is a bearish sign for a stock… but, remember, we saw Tesla make massive moves in the last 2 years shooting up as much as 1,684%. Consolidation is okay. […]
Of the largest 20 stocks (by market cap) in the U.S., which one do you think has the best performance year-to-date? Is it Apple (AAPL), the world’s largest company my market capitalization? Is it electric vehicle powerhouse and crypto-investor Tesla (TSLA)? Given the semiconductor shortage that’s pushing up chip prices, maybe it’s NVIDIA (NVDA)? Despite […]
Livent (LTHM) is a pure play and vertically integrated producer of high-quality lithium products, most notably in the energy storage and electric vehicle markets. Along with lithium compounds and metals, LTHM produces lithium-ion batteries, which play a major role in the mobile phone and electric vehicle industries. Given its array of products, LTHM is a […]
Luminar Technologies (LAZR) became a publicly traded company in November 2020 through a special purpose acquisition company (SPAC), and rose more than 30% in its debut. Shares eventually surged to a high of $47.80 just 13 trading days after going public, but are now trading in the high teens. Although it might be too early […]
ChargePoint Holdings (CHPT) is an established U.S. electric vehicle charging leader with a recognizable brand and strong customer relationships. Founded in 2007, the company started publicly trading on the New York Stock Exchange following the completion of its previously announced business combination with Switchback Energy Acquisition Corporation. Special purpose acquisition companies (SPACs) were big news […]
I spend my day reading financial news, and usually I have my TV tuned to one of the business networks in the background. I have been in and around the financial world formore than 30 years. I wake every day and tell myself: “We live in very interesting times.” One of the things making them […]
