Hydrogen stocks were some of the biggest winners in 2020. Industry leader Plug Power (NASDAQ:PLUG) saw its stock price rise just shy of 1,000% last year, while shares of FuelCell Energy (NASDAQ:FCEL), Bloom Energy (NYSE:BE), and Ballard Power (NASDAQ:BLDP) all rose more than 225%. These big rallies were driven by – as we’ve discussed at
Stocks to buy
Pulling back at the start of 2021, Canoo (NASDAQ:GOEV) stock is bouncing back in a big way. As of this writing, shares are up 30.4% in the pre-market. Why are investors diving back into this SPAC (special purpose acquisition company), which completed its merger with privately-held electric vehicle maker Canoo late last year? Source: Canoo
Tesla (NASDAQ:TSLA) stock found itself in the headlines yet again on Friday, after Wedbush Securities said that the EV maker will top one million deliveries by 2022 and approach 5 million deliveries by 2030. In the note to investors, Wedbush hiked its base price target on TSLA stock to $950 from $715. Source: Grisha Bruev
In June 2012, the world changed forever. You probably didn’t even notice. It was in that month’s issue of the Science journal that U.C. Berkeley professor Jennifer Doudna and Umea University professor Emmanuelle Charpentier unveiled what the scientific community has since labeled the “scientific breakthrough of the century.” The breakthrough: CRISPR-Cas9 genetic editing systems. Doudna
Over the past 12 months, investor optimism toward electric and autonomous vehicles has expanded from manufacturers to suppliers. Among those suppliers, Luminar Technologies (NASDAQ:LAZR) stock has perhaps the most intriguing story. Source: Olivier Le Moal / Shutterstock.com To be sure, LAZR stock isn’t cheap. At a current price of $31, Luminar has a market capitalization
Shares of plant-based meat maker Beyond Meat (NASDAQ:BYND) perked up on Thursday after fast-food chain Taco Bell announced that it will be launching a new plant-based protein with Beyond Meat in 2021. BYND stock jumped more than 10% on the news. Source: calimedia / Shutterstock.com Zooming out, the Taco Bell-Beyond Meat partnership simply underscores why
XL Fleet (NYSE:XL) closed its SPAC (special purpose acquisition company) merger on Dec. 22 and now XL stock looks to be worth at least 70% more. Source: Pasuwan/ShutterStock.com As of Jan. 11, the stock was at $20.72 and by my calculations, it is worth at least 70% more at $35.28. This article will show how
Coming into December, Lemonade (NYSE:LMND) had been doing well. However, now even the bulls are surprised by the way LMND stock has erupted. Source: Stephanie L Sanchez / Shutterstock.com All of a sudden, the market has woken up to just how great of a business Lemonade is. That’s because — while the insurance business can
Microsoft (NASDAQ:MSFT) has done quite well over the last year. This is despite the fact that in the last three to six months the stock has not done that well. Nevertheless, I still believe that MSFT stock is worth 36.5% more at $300 per share based on its powerful free cash flow (FCF). Source: VDB
When the special purpose acquisition company (SPAC) deal to merge with electric-vehicle (EV) infrastructure company ChargePoint was announced back in September, Switchback Energy’s (NYSE:SBE) profile was raised among investors. And as a result, the SBE stock price started to perk up. Source: Michael Vi / Shutterstock.com For prospective investors in the EV charging niche, this $2.4
Plant-based prescription medicine developer Jaguar Health (NASDAQ:JAGX) wasn’t a common topic of conversation prior to December 2020. However, breathtaking price moves have recently put JAGX stock in the limelight, practically forcing healthcare sector traders to take notice. Source: Bukhta Yurii / Shutterstock.com Jaguar Health is a California-based biopharmaceutical company that specializes in treating gastrointestinal conditions. Yet,
Shares of U.S. cannabis supplies retailer GrowGeneration (NASDAQ:GRWG) soared today after the company reported much better-than-expected preliminary fourth quarter numbers and significantly hiked its 2021 revenue guide. GRWG stock popped more than 15% on the news. Source: Shutterstock Some investors may be surprised by this big move in GRWG stock. Longtime readers of mine, though,
Seemingly out of nowhere, a tiny vet-med stock by the name of Zomedica (NYSEMKT:ZOM) has turned into one of Wall Street’s biggest winners over the past few months. Since early November, ZOM stock has risen by more than 1,000%. Source: Shutterstock It was a huge rally in an underfollowed name that no one saw coming.
Psychedelic stocks could have another “far out” year ahead. For one, the U.S. FDA supports its use, calling drugs, like psilocybin a “breakthrough therapy” in the treatment of severe depression. In fact, according to New York University, psilocybin helped produce substantial, and sustained improvements in anxiety and depression. Two, cities such as Oakland and Santa
As Covid-19 cases spike across the nation, American Airlines (NASDAQ:AAL) stock is in for a bumpy ride in 2021. However, investors have good reason to remain confident in the company’s imminent comeback once we put the pandemic behind us. Source: GagliardiPhotography / Shutterstock.com The airline, like many of its peers, sustained some massive losses as
The more things change, the more they stay the same. That could be the mantra for investors in the early days of 2021. Long-term investments may look a little shaky. Which could make now an ideal time to look for short-term stocks to buy. As I write this, the market is in a sell-off that
Remember 3D printing stocks? Back in 2013, they were all the rage on Wall Street … for a few months. But the “factory in every home” dream was short-circuited by the reality that 3D printing is a complex, costly, laborious and time-consuming process. Most consumers and businesses felt the limitations of 3D printing were too
What a wild week… The most attention-grabbing thing that happened? The storming of the U.S. Capitol when Congress was in session and in the process of confirming Joe Biden as the next President of the United States. Talk about wild! But – while that event may have dominated the news headlines, and rightly so –
Bitcoin (CCC:BTC) rallied in 2020 as it nearly quadrupled in price from $8,000 in January 2020 to above $31,000 in late December. It reached a new all-time high above $34,000 in 2021. An indirect way to gain from this price appreciation is to consider crypto mining stocks to buy. Here is simple explanation of the
Before we discuss the opportunity in Palantir (NYSE:PLTR) stock, we should spend a few minutes describing the landscape. The macroeconomic conditions are pretty bad, yet somehow the equity indices won’t stop making highs. The small caps exploded up 4% earlier this week in spite of a lot of negative headline littering the news feeds. That said,
With the sector’s strong performance last year, it may be challenging to find reasonably priced online retail stocks to buy. With the novel coronavirus accelerating the shift from bricks and mortar to shop at home, online retail stocks soared to what could be unsustainable valuations. What do I mean? Take a look at the forward
Before I get into the details of the opportunity in Lemonade (NYSE:LMND), I want to talk about the entire market. LMND stock has a bright future, but there’s a lot of extrinsic risk because, astonishingly, Wall Street is thriving while Main Street is struggling. Source: Stephanie L Sanchez / Shutterstock.com Mom-and-pop businesses are dying while larger
President-elect Joe Biden has an ambitious plan for a clean energy future. This includes a comprehensive plan to “achieve net-zero emissions, economy-wide, by no later than 2050.” If this plan makes progress, hydrogen fuel is likely to be a major investment theme in the coming decades. It’s therefore not surprising that hydrogen-related stocks have surged
Many market participants often flock to the latest 13F filing for the wealthy and well-known investors as they become available each quarter. Investors are often anxious to see what the likes of Warren Buffet and others are buying and selling. While most of us will never know the kinds of wealth that these individuals have,
Since reaching $132/share in December, QuantumScape (NYSE:QS) stock has tumbled over 60% as hype over the solid-state battery company has died down. Those buying QS stock at the top would have seen a gut-wrenching loss. Source: Shutterstock But don’t let this post-Christmas sale go to waste. Far from being a disappointment, QuantumScape’s recent drop provides
As longtime readers know, I’m exceptionally bullish on electric vehicle stocks. But not all EV stocks are created equal. And one EV company that stands out from the rest in the best way possible is Canoo (NASDAQ:GOEV), which went public through a merger with Hennessey Capital Acquisition Corp. IV (NASDAQ:HCAC). Source: nrqemi / Shutterstock.com Here’s
Prior to the novel coronavirus disaster, you would have thought the market would have imploded if I had told you that a pandemic would temporarily shutter major economies throughout the world and kill more than 325,000 as of Christmas day. Yet it has been a brilliant time to invest. What’s more, many cheap stocks have
Editor’s note: This column is part of our Best Stocks for 2020 contest. John Jagerson and Wade Hansen’s pick for the contest is Disney (NYSE:DIS). “Please keep your arms and hands inside the ride at all times…2020 is going to be a tumultuous year.” Source: by InvestorPlace That is how we started our write up
Everyone loves a good bargain, right? Well, when the market endured that painful selloff in March, it drove down stock valuations. At the time, though, volatility was so high and there were so many unknowns that it was hard to pile into names. So, are there still cheap stocks to buy now? The short answer?
XPeng (NYSE:XPEV), the Chinese electric vehicle (EV) maker is up 100% in the last two months but it’s down 29% in the last month. That is due to the fact that XPEV stock peaked recently on Nov. 23 at $72.17. However, I believe XPEV stock is worth at least 100% more at $82 per share.