Month: February 2020

The bull thesis on bio-pharmaceutical company Amarin (NASDAQ:AMRN) for 2020 is pretty simple. The company’s core drug, Vascepa, is in the early innings of a huge multi-year growth trajectory. In 2020, several catalysts will meaningfully accelerate Vascepa’s growth trajectory. As they do, the company’s revenues and profits will continue to soar. Source: Pavel Kapysh / Shutterstock.com Amarin
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Year-to-date, Beyond Meat (NASDAQ:BYND) stock is up an eye-popping 54%. Yet that BYND share price is still more than 50% below its all-time high of $239.71 seen on July 26, 2019, leaving many investors wondering if now maybe a good time to buy into the shares. Source: calimedia / Shutterstock.com As the California-headquartered company is scheduled
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CNBC’s Jim Cramer on Wednesday blasted Bed Bath & Beyond‘s decision to announce disappointing same-store sales figures well ahead of its fourth-quarter earnings release. However, Cramer said investors could use the subsequent stock plunge as a buying opportunity. “I would buy it,” he added. Bed Bath & Beyond shares sank about 25% on Wednesday after
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Friday was another mostly listless day for equities, as the major benchmarks spent much of the session searching for direction only to find little of it on a sluggish, light volume day in advance of a long weekend. Source: Provided by Finviz The S&P 500 gained 0.18%. The Dow Jones Industrial Average slipped 0.08%. The Nasdaq
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Source: Hairem / Shutterstock.com When you think of all the coolest tech advancements in the works, from virtual reality (VR) to self-driving cars to artificial intelligence, I want you to think of one thing: NVIDIA (NASDAQ:NVDA). And, specifically, NVIDIA’s signature technology: the graphic processing unit (GPU). In a nutshell, every computer needs a processor to
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Wedbush Securities’ Dan Ives praised Tesla’s announcement on Thursday morning of a new $2 billion common stock offering. “It’s a smart, strategic move,” Ives said on “Squawk Box.” “It takes any doomsday scenario around cash crunch … off the table.” Shares of Tesla, which have skyrocketed recently, were under some pressure on Thursday after the
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Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stocks are likely to remain hostage to developments involving the coronavirus in the week ahead, and even so, the market could continue to hit new highs. Economists have been reducing China’s growth outlook for the quarter, with some seeing little
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