Stock Market

Is Wall Street’s opinion of Plug Power (NASDAQ:PLUG) optimistic or pessimistic? There’s an odd divergence between the ambitious consensus price target on PLUG stock and the multitude of downgrades. Still, hopefully, today we can wade through the sea of opinions and come to a conclusion about Plug Power. Plug Power is probably the most famous publicly
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Source: Robert Way / Shutterstock.com Nio (NYSE:NIO) is facing rapidly increasing competition. Meanwhile, the company’s margins are also being pressured by an accelerating price war in the Chinese electric vehicle (EV) market. But that’s not all. Nio’s addressable market is quite limited and the firm lacks strong competitive advantages. Given all of these points, I
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Investors have shown keen interest in biotech after Johnson & Johnson’s (NYSE:JNJ) impressive earnings beat that topped Wall Street’s expectations. The earnings beat reignited enthusiasm for biotech stocks, prompting investors to search for the next big players. The pharmaceutical giant’s adjusted earnings and revenue beat expectations, with strength reported in units including pharmaceuticals. J&J also
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Interestingly, Plug Power (NASDAQ:PLUG) is generally favored by Wall Street’s experts even while PLUG stock can’t seem to get off the ground. Are investors missing out on a great opportunity? I’d say so, as Plug Power’s gigantic green hydrogen production facility could prove to be a major revenue generator. To be honest, it requires faith and
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Shares of Mullen Automotive (NASDAQ:MULN) spiked 25% on Friday morning after the firm filed an SEC form announcing a new battery partnership. The “HUGE” battery advancement news was previously reported in a company press release. Short sellers would immediately sense an opportunity. According to data from Fintel.io, the number of shares available to sell short dropped
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There’s good news if you’re betting your investment capital on video game retailer GameStop (NYSE:GME). The company’s financials are improving, and insider buying suggests strong confidence in GME stock. Be prepared for volatility along the way, but a share position in GameStop is likely to yield excellent returns by 2025. The meme-stock traders might target
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China-based electric vehicle manufacturer Nio (NYSE:NIO) is looking to broaden its scope. However, prospective NIO stock investors should view Nio’s expansion plans with a critical eye. The company’s venture into battery-swapping technology and other fields will require time and capital (both financial and human). In the end, the results might disappoint overeager shareholders. Nio is already
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Shares in chip maker Intel (NASDAQ:INTC) were hammered throughout 2022, with INTC stock staying on a downward trajectory during the first two months of this year. As I have discussed previously, this was due to two factors. First, the company’s poor financial performance. Second, related to some extent to the first factor, was rising concerns about softening semiconductor
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In many ways, C3.ai (NYSE:AI) stock has been a tale of two valuations over the last year. Before artificial intelligence became the latest fad due to the public’s fascination with ChatGPT, the valuation of AI stock was quite attractive. For example, on Dec. 1, 2022, the shares were changing hands for roughly 3.9 times analysts’ current average
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Troika Media Group (NASDAQ:TRKA) has been a popular meme stock so far in 2023. Even after tanking following a short squeeze in early March, TRKA stock remains up by more than 135% year-to-date. What makes shares in this marketing company stand out among meme stocks goes beyond just the fact it has been a strong performer.
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Chinese electric vehicle maker Nio (NYSE:NIO) has multiple positive catalysts, including the expected rapid growth of the Chinese EV sector and its sedans, which are quickly becoming quite popular in the huge Asian country. Moreover, the valuation of NIO stock is very low, and two reviews of its P7 luxury sedan that I found online are quite
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After rallying last month, Google parent Alphabet (NASDAQ:GOOG, GOOGL) has continued to hold up thus far in April. Other tech stocks have delivered a similar performance, but it may be a few company-related developments that are keeping GOOG stock on an upwards trajectory. In the past week, the tech giant has made two announcements related to how it plans to
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After recently reporting strong clinical data, Novavax (NASDAQ:NVAX) has tremendous opportunities in front of it. More specifically, the company’s coronavirus booster and its coronavirus-flu combination vaccine can become huge revenue generators. Given these points, I believe that NVAX stock can soar almost 12 times within the next year. The company’s new CEO also makes me very upbeat
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If there’s an arms race in generative artificial intelligence, Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) definitely isn’t in the lead position. It’s going to be very difficult for Alphabet to catch up to Microsoft (NASDAQ:MSFT) in that area, and value-conscious investors should be cautious about GOOG stock in 2023. Microsoft is integrating generative AI technology quickly and effectively
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