Hope springs eternal for electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN), but as the old saying goes, hope isn’t a viable investment strategy. Even if Rivian Automotive’s management sees the glass as half-full, the confirmed data doesn’t bode well for RIVN stock in 2023. Speaking of confirmed data, it’s indisputable that Rivian Automotive has been an
The only constant in Corporate America is change. Companies large and small are constantly undertaking shakeups in their business strategies and management teams as they seek a competitive edge in the marketplace. Long tenured CEO positions are becoming increasingly rare in the business world, particularly among publicly traded companies where shareholders demand results. To be
After suffering from staggering losses, investors of electric vehicle manufacturer Mullen Automotive (NASDAQ:MULN) should catch a break eventually – right? Don’t make any assumptions, as MULN stock could easily continue to lose value in 2023. This is likely to happen despite Mullen Automotive’s attempt to reassure its shareholders. We’ve done our best to try to
While conventional wisdom – sell in May and go away – suggests that the warmer months might not be profitable for investors, leisure-themed top stocks for summer just might outperform several other sectors. Following a rough period during the Covid-19 years, people want to return to their normal routines. This includes taking advantage of summer
This technical tool should be applied whenever it looks like the market is running too hot. Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Apple: https://www.zacks.com/stock/quote/AAPL?cid=CS-YOUTUBE-FT-VID Facebook: https://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
This year’s price action in the markets has been dominated by the performance of a handful of stocks including Nvidia (NASDAQ: NVDA). Notably, the company has provided significant gains for index investors with their stock absolutely skyrocketing higher on the back of surging interest in artificial intelligence and the company’s high-performance chips that power the sector.
As electric vehicles (EVs) gain popularity, several EV stocks have emerged as successful investments. While Tesla (NASDAQ:TSLA) has been a standout performer, the market has matured, offering numerous opportunities beyond the well-known EV pioneer. Additionally, the EV sector has become increasingly competitive, presenting a range of options for investors seeking the “next Tesla.” It’s important
In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett has made another annual donation to five foundations, boosting his total charitable giving to
Fundamentally, the concept of millionaire-maker renewable energy stocks makes plenty of sense. At the moment, the energy paradigm focuses on the anachronistic non-renewable variety. However, political and environmental pressures dictate that we move away from hydrocarbons. Therefore, if you have the patience, long-term renewable energy investments could potentially deliver life-changing returns. The latter point should
With the stock market surging, investors are looking at more speculative opportunities for outsized gains. But investors should be careful with low-priced equities, and in particular these three overvalued penny stocks. The allure of grabbing a multi-bagger penny stock is understandable. But traders should avoid these particular high P/E penny stocks. It’s easy to point
Thanks to a record-breaking heat wave, Texas power prices are surging right now. And artificial intelligence could hold the key to fixing the problem.  Temperatures are running above 100 degrees Fahrenheit throughout Texas. In cities like Corpus Christi, San Angelo, Del Rio, and Kingsville, temperatures are breaking all-time records. And the state’s tropical humidity hasn’t
The biotech sector will always house stocks with explosive upside potential. The very nature of the sector ensures that will continue to be the case. Developing breakthrough pharmaceuticals and medical devices requires massive sums of money and long periods of time.  Firms in the space must clear significant hurdles, including FDA regulatory requirements that often