Wednesday, February 5, 2025
Nikola Corporation (NKLA) has captured investor’s attention like no other stock this year. The company, which has yet to produce or sell a product, has made headlines on a number of fronts. NKLA received some unwanted attention last month, when the company was one of several public companies to file for funds under the Cares […]
Stocks rallied sharply last week on better than expected May job numbers. Some of the most beaten down stocks from March saw the biggest gains. Companies like airlines, car manufacturers, and banks saw the most bullish action in the options market. General Electric (GE) is a company that was hit pretty hard in March and […]
Shares of electric vehicle maker, Nio (NIO) have faced plenty of pressure this year. However, it appears the EV stock has turned a corner after reporting another month of record deliveries. For May 2020, the company delivered 3,436 vehicles. That included the delivery of 2,685 ES6s and 751 ES8s. “In May, we achieved record-high monthly […]
Retail stores and sit-down restaurants were two types of business decimated by the coronavirus pandemic. Now in most of the country, these business types are in the early days of reopening. The big question is how fast consumers will return to in-store shopping and dining out. Investors want to know which companies will see business […]
Sonic Automotive (SAH) has moved substantially higher after providing an update to investors on the company’s outlook for 2020. SAH stock has jumped almost 19%, from $24 to around $28.50 as the company gained some clarity in the midst of the COVID-19 crisis. The company said sales and traffic in its locations have been coming […]
Since mid-March 2020, DIS stock soared from a low of $79.07 to $119. However, the recovery may have only just begun for DIS, especially with a good deal of fear priced into the stock. Not only will the company just reopen Shanghai Disneyland, it set a July 11 date to start reopening Disney World, as […]
Global pandemics and civil unrest don’t seem to impact stock prices, but it remains challenging to find yield in a world of near-zero interest rates. Central banks are doing everything they can to keep global economies from crashing (which is the main reason stock prices are stable), and the result is that yield can’t be […]
A Story Too Good to Be True Luckin Coffee (LK) had everything going for it. If there ever was the right company in the right place at the right time, this was it. Billed as the Starbucks of China, the coffee chain had grown at a blistering pace. It went from its founding to an […]
Many investors buy hot or well-known stocks in the hope that share prices will continue to rise. However, as I was advised many years ago, hope is not a plan. The plan I share with my subscribers derives from conversations I had over several decades with investors who have actually become wealthy by investing in […]
Moderna’s (MRNA) stock has given investors heartburn recently. Moderna first announced promising news related to a COVID-19 vaccine in mid-May. After the news sent MRNA skyward, the company announced it would be doing a secondary offering, in an attempt to raise just over $1.3 billion. Then, a few days later, vaccine experts started questioning MRNA’s […]
