Over the last few days, shares of Novavax (NVAX) exploded from $79.80 to $111.77. All after the U.S. government awarded the NVAX a $1.6 billion contract to cover the testing, commercialization, and manufacturing of a potential vaccine — the biggest award issued from the White House’s “Operation Warp Speed” program. “What this Warp Speed award […]
[Video] ABC, MCK, OMI Deliver Growth From the Healthcare Supply Chain
In the world of business, well-known companies are often in competitive industries, where it may be challenging to stay competitive and profitable. Behind the well-known companies will be suppliers. The supplier world often produces more predictable profits. Consider the extreme case of Tesla (TSLA). The electric car manufacturer has never reported a profitable quarter. It […]
ABC, MCK, OMI Deliver Growth From the Healthcare Supply Chain
In the world of business, well-known companies are often in competitive industries, where it may be challenging to stay competitive and profitable. Behind the well-known companies will be suppliers. The supplier world often produces more predictable profits. Consider the extreme case of Tesla (TSLA). The electric car manufacturer has never reported a profitable quarter. It […]
SOLO Looks to Become a Force in the Challenging U.S. Market
ElectraMeccannica Vehicles Corporation (SOLO) has risen rapidly even as the company recently sought to raise $20 million in a public offering at $2. SOLO was trading as low as $1 in May, and in the last few days has touched $6. After underwriting discounts and commissions, the individual electric vehicle manufacturer pocketed $18.65 million. SOLO […]
Trade of the Week: XLF
There was a fair amount of options action ahead of the long holiday weekend. A massive amount of puts traded in the financial sector, more specifically, on the Financial Select Sector SPDR ETF (XLF). Some of the large trades could be setting up a hedge against downside risk through August. One interesting trade in XLF […]
F150 Drives Growth for Ford (F) During Pandemic
If you want to own the “stay-at-home” stocks, but don’t want to own individual names, one way to get exposure to digital vs. in-person companies, is to own the Invesco QQQ Equity Index (QQQ). The QQQ mirrors the Nasdaq 100 Index, and is made up of the 100 largest non-financial stocks trading on the Nasdaq. […]
ZNGA Stock Price at Year to Date High on News of Closing Deal with Peak
Since bottoming out in March 2020 at $5.65, ZNGA is now up to $9.77 as of this writing – and pushing higher. In recent days, the company and Peak, the creator of Toon Blast and Toy Blast, just closed the transaction under which ZNGA acquired all of the issued and outstanding common shares of Peak […]
Three Clean Energy Dividend Payers That Need to Be Part of Your Portfolio This Summer
I take most predictions concerning future business conditions with a grain of sand. Every investor and every pundit in the investing world tries to guess what will be the “next big thing.” The hot idea of 2018, cannabis investing, has crashed and burned. I don’t see 5G as coming through for investors looking for the […]
SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations
Sonic Automotive (SAH) recently updated investors with information on the return of customers after the COVID-19 shutdown. The company previously announced that it would be working to reduce costs during the pandemic, to address cash flow needs. On the cost reduction front, management reported SAH has now cut $7 million in expenses per month, and […]
Make 9.7% On America’s Most Notorious Bank
Despite plenty of volatility in the market, it hasn’t been any easier to generate income for your portfolio. Yields are still ultra-low for most fixed income instruments. Moreover, many high-yield dividend stocks have slashed their dividend payments. Regarding dividend stocks, buying and holding them is certainly not an unreasonable way to generate yield. The best […]