The coronavirus pandemic disrupted many businesses and was a boon to others. One sector that’s been riding high is the pharmaceutical industry. That’s especially true for companies that have brought a Covid-19 vaccine to market. Vaccine developer Novavax (NASDAQ:NVAX) is a perfect example. NVAX stock rose from relative obscurity with a share price of just
Month: September 2021
We believe that food stocks can be a good place to invest for income. Companies in the food industry perform much better in a recession than other sectors as consumers still need to eat and drink, making food industry companies one of the most resilient groups. These stocks likely won’t provide extraordinary gains, but they
Camber Energy (NYSE:CEI) is best seen as a holding company with a 62% interest in another oil and gas company, Viking Energy (OTCMKTS:VKIN). The issue is CEI stock has spiked on a speculative deal it recently signed with a third company, privately held ESG Clean Energy (“ESG”). Source: Shutterstock ESG says it has a way
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Twenty-one current and former employees of Jeff Bezos’ Blue Origin claim the space company is a “toxic” workplace, according to an
In this article NVDA RIDE BBBY GM A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the big-box retailer plunged 23% after the company slashed its revenue and earnings outlook amid supply chain
The Hourly View for ARLP At the moment, ARLP (Get Ratings)’s price is up $0.04 (0.34%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the
Nvidia’s (NASDAQ:NVDA) core businesses have been firing on all cylinders, and its move into other profitable verticals has resulted in consistent top-line growth. The company’s market value has grown at an incredible pace over the past decade. Yet, NVDA stock still has a ton of upside left with new catalysts that will amplify growth in
Plug Power (NASDAQ:PLUG), the hydrogen fuel cell company, was somehow able to raise more than $3.4 billion in two different tranches in January and February 2021. The company sold $1.6 billion of PLUG stock at $29.29 in February to a subsidiary of SK Holdings, the third-largest conglomerate in South Korea. Source: Shutterstock Additionally, it managed
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In this article TSLA Chamath Palihapitiya revealed that he sold his Tesla position for capital to invest in other investment ideas. The Social Capital founder and CEO said he exited his bet on the Elon Musk-led electric vehicle company “in the last year or so” as the high prices allowed him to generate cash to
In this article MU LLY NFLX LCID DLTR ASML-NL Check out the companies making headlines before the bell: Micron Technology (MU) – Micron reported adjusted quarterly earnings of $2.42 per share, 9 cents above estimates, with the chip maker’s revenue also topping Street forecasts. However, its current-quarter forecast fell below consensus, due to computer-making customers
The Hourly View for KNSL At the time of this writing, KNSL (Get Ratings)’s price is down $-0.88 (-0.52%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as KNSL has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we
Starting in the mid-1990s, the United Nations Climate Change Conference established a formal framework for participating countries to gauge their performance in mitigating environmental impact. An increasingly popular summit given the backdrop of the Kyoto Protocol — an international treaty to reduce greenhouse gas emissions — this year’s gathering will take on greater significance, potentially
When looking for growth potential, there’s a lot to like about many consumer stocks these days. Consumer spending has been on fire so far this year and it looks like the economy is going to continue to perform strongly — despite the disruption of the Delta Covid-19 variant. Each of the companies on this list
Any investment in Ocugen (NASDAQ:OCGN) stock is based on hope. That hope involves the FDA approving the Covid-19 vaccine known as Covaxin. Source: shutterstock.com/PhotobyTawat Over the last six months or so, the company has repeatedly suggested that such an approval was imminent. On Feb. 2, Ocugen announced an agreement with the Indian drug maker
Jeff Bezos, left, and Elon Musk Getty Images; Reuters Elon Musk repeated prior criticisms of fellow billionaire space mogul Jeff Bezos, as their respective companies continue to battle in federal court and in front of regulators. “I think I’ve expressed my thoughts on that front – I think he should put more of his energy
In this article CAG LLY BA DLTR People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Dollar Tree — Dollar Tree surged 16% after the discount retailer
The Hourly View for BSIG At the moment, BSIG (Get Ratings)’s price is up $0.06 (0.21%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe
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The stock market can be quite a difficult place to navigate these days. Indeed, U.S. stocks are not at all cheap at the moment. The ratio of stock market capitalization to GDP (Gross Domestic Product) shows that stocks in the U.S. are the most overvalued in history. That includes the dot-com bubble, by the way.
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