Pfizer (PFE) and BioNTech (BNTX) were explosive earlier this week. All on news PFE just said its COVID-19 vaccine is 90% effective. “Amazing news from Pfizer with 90% efficacy. This hopefully is the beginning of the end of our fight against Covid,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, said, as quoted by […]
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FATE Stock Price Handily Outperforms IBB
Fate Therapeutics (FATE) is one of the hottest biotech stocks of the year. Since 2020, FATE ran from a low of $18.80 to a recent high of $48.20, good for a return of 156%, as compared to the iShares Nasdaq Biotech ETF (IBB), which is up 16%. From here, FATE could see higher highs ahead […]
LYFT and UBER Stock Price Take Off on California Proposition 22
Gig economy stocks, like LYFT Inc. (LYFT) and Uber (UBER) got a boost earlier this week on the passage of California Prop 22 won. As noted by The Guardian, LYFT and UBER won a major victory to classify drivers as contractors, not employees following the passage of the measure. “The passage of proposition 22 in […]
ENPH Stock Price Set to Take Off If Biden Wins
Enphase Energy (ENPH) is another top green stock pushing higher on a potential Biden win. In fact, since bottoming out around $40 in June 2020, ENPH has exploded to a recent high of $98.09. From here, it could explode even higher ahead of the election. [insert solar related image we’ve not used in a while; […]
TDOC Stock Price Stays Strong During Broader Market Sell-Off
Volatility ETFs, such as the ProShares Ultra VIX Short-Term Futures ETF (UVXY) saw further upside as the markets melt down ahead of the U.S. elections, and on rising coronavirus case numbers. Over the weekend, the U.S. saw another 83,000 cases, overwhelming and exhausting hospitals. There’s even the fear of a return to lockdowns to stop […]
SEDG Stock Price Up Nearly 30% in Past Month on Possible Election Results
With U.S. elections just days away, clean energy stocks have been pushing higher, notably SolarEdge Technologies (SEDG), a longtime favorite here at Investors Alley. Over the last few weeks, shares of SEDG ran from $180 to a current high of $282.88 on the idea Joe Biden could win the election. In addition, he has reportedly […]
NFLX Stock Price Tumbles After Missing on EPS and Subscriber Growth Estimates
Shares of Netflix Inc. (NFLX) came under pressure this week. after reporting slowing growth in new subscribers, and lower than expected profits. The company added 2.2 million net memberships in the months ending September 30. That’s down from 6.8 million year over year. That also dropped the company’s total subscribers to 195.2 million, which was […]
NIO Stock Price Jumps on Upgrade from Citigroup
Nothing seems to slow down accelerating shares of Nio Inc. (NIO). Over the last few weeks, the NIO stock jumped from $12 to $28.48 and could push even higher on upgrades, and impressive deliveries. Citigroup analyst Jeff Chung for example just upgraded NIO’s stock to the equivalent of a buy rating, according to Barron’s, form […]
JNJ Stock Price Knocked Down On COVID Vaccine Halt
Shares of Johnson & Johnson (JNJ) were knocked down this week on news of a COVID vaccine halt. All after a participant fell ill. This is now the second time JNJ has had to pause testing as it races towards a vaccine, says Bloomberg. “We’re going to have to get used to hearing these sorts […]
ENPH Stock Price Hits 52-Week High On Natura Living Announcement
Shares of Enphase Energy Inc. (ENPH) have been incredibly explosive. Since the beginning of September the ENPH stock price ran from a low of $65 to an all-time high of $111.27. The stock has been thriving on two catalysts. One, investors believe a potential Joe Biden win and the potential for the Green New Deal […]