Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock. Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to
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As governments globally endorse and incentivise the adoption of electric vehicles, there is some big money to be made in the industry. Therefore, it’s not surprising that dozens of new companies have emerged globally with focus on EVs. Further, established traditional automakers are making big investments to accelerate the portfolio shift towards electric vehicles. So,
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Solid-state battery maker QuantumScape (NYSE:QS) is living on borrowed time. It may be time to pitch QS stock. The prototype electric vehicle battery exceeds expectations in testing but is far from being ready for commercial use. The delays are causing concern for QuantumScape’s major partner and potential customer. Over the past few years, Volkswagen (OTCMKTS:VWAGY)
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Having avoided a much-dreaded recession last year, investors may feel emboldened to consider risk-on assets, thereby ignoring top-rated value stocks. However, that could be a mistake. Don’t get me wrong – growth-oriented enterprises may see robust tailwinds, especially if interest rates decline. But that prospect might not be guaranteed. You want to be prepared for
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Coinbase (COIN-USD) has become the leading U.S. exchange by trading volume. Over the past 12 months, COIN stock has rebounded by an astonishing 175%. The bullish outlook for 2024 relies on Bitcoin (BTC-USD) surpassing previous highs, with other leading tokens following. Rising crypto prices drive trading volumes, the main source of Coinbase’s revenue and earnings.
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The stock market will always have good investment opportunities. As investors, it’s our job to establish filtering criteria that we utilize for weeding out the duds. Consider analyzing and potentially adding these three penny stocks to your first-quarter portfolio. Let’s take a quick look. Blink Charging (BLNK) Source: David Tonelson/Shutterstock.com Blink Charging (NASDAQ:BLNK) is booming
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Quantum computing is seen as the next stage of computing and IonQ (NASDAQ:IONQ) rode that wave to huge gains in 2023. But the reality of where the market is at in its life cycle is bringing shares down to earth. This will have important implications for IONQ stock moving forward. After surging 259% last year
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Finding millionaire-maker stocks could be likened to finding a needle in a haystack! The upcoming decade may be turbulent. Not only will we grapple with a building geopolitical tension globally. But also, worries stemming from climate change and economic malaise are pressing. It’s a sentiment that’s been a subject of concern, reflected from the ongoing
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Dividend stocks are a great way for investors to diversify their investment portfolios. After all, you do not have to approach investing with only a growth-focused mindset. Millions of income-oriented investors can achieve the financial success they’re looking for.  As we navigate exciting and challenging economic times, a steady income stream through dividends becomes more
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