Month: November 2020

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Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – The drugmaker and German partner BioNTech (BNTX) plan to apply today for emergency use authorization for their Covid-19 vaccine. Earlier this week, study data analysis showed the vaccine to be 95% effective. Pfizer shares added 1% in premarket trading as
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Pundits and analysts are starting to realize the great potential of vehicles powered by fuel cells and the huge profits that modern, connected vehicles can generate. Meanwhile, in recent weeks, the sentiment toward Nikola (NASDAQ:NKLA) on the Street appears markedly improved. Given all of these points, along with my upbeat view of Nikola’s technology and
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Would you pay 30 times revenue for a money-losing “growth” company that had stopped growing? But that’s where Beyond Meat (NASDAQ:BYND) finds itself after reporting a loss of $19.3 million, 31 cents per share, for the quarter ending in September. Sales for Beyond Meat stock came to $94.4 million, up just 2.7% from a year
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Total return. That’s a combination of growth and the dividend a stock returns. The dividend is kind of like a guaranteed return, even if the stock doesn’t perform or the market rolls over. That’s why companies that offer dividends are considered shareholder friendly. They return some of their net profits to their investors and generally
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As we mentioned last week, the market is performing well. There are even signs that the rally is broad enough to avoid a short-term decline. However, because the underlying fundamentals are still weak — and taking into account recent news about slowing retail sales — we should set expectations for a flat channel after this
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Stocks opened lower on Thursday, but the weakness was short-lived. By day’s end, buyers rallied the troops and jammed the S&P 500 Index higher by 0.39%. However, it was the Nasdaq Composite that delivered the largest gain at 0.87%. The rapid-fire comeback from what could have grown into a second consecutive losing session continues the
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