If you invested in energy stocks during the 2010s, only to see oil prices go from $50 to $100 – and back again…then you know how erratic the sector can be. The bad news is that it’s not just energy stocks: Volatility is here to stay for the market in general. I mention this because
Even after a correction of 27% from the highs of 2019, Plug Power (NASDAQ:PLUG) stock is higher by almost 100% from December 2018 levels. The rally in the PLUG stock price has been triggered by strong revenue growth, expectation of positive EBITDA in the fourth quarter and an optimistic growth target for the coming years.
Amazon (NASDAQ:AMZN) stock has continued to fall along with the market. For the most part, the decline is not the fault of the company. An intensified U.S.-China trade war and the yield curve inversion have made investors uneasy, weighing on AMZN stock and most other equities. Source: Shutterstock However, problems unique to AMZN have also
By now, we all know the General Electric (NYSE:GE) story. Once the titan of the global industrial economy, GE has turned into a shell of its former self thanks to operational mismanagement, excessive debt, and too many unrelated moving parts in its business model. At the same time, the global industrial economy has become increasingly
As marijuana stocks have struggled in recent months, much of the attention has revolved around Aurora Cannabis (NYSE:ACB). The company has made several key acquisitions to make itself the world’s largest producer of dried marijuana. This should help ensure its future as competition forces the takeovers and bankruptcies of smaller players. Source: Shutterstock However, Aurora
It’s been a rough run for iQiyi (NASDAQ:IQ) as a public company on Wall Street. The Chinese streaming giant (sometimes touted as the Netflix (NASDAQ:NFLX) of China)had a brief honeymoon phase following its March 2018 IPO. IQ stock sailed from the $18 IPO price, to nearly $50 by mid-June 2018. Source: Shutterstock Then, the honeymoon
Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is one of the largest, most widely followed companies in the market. Year-to-date, Alphabet stock is up about 12%. And following the recent earnings result, many investors are quite upbeat about the internet giant’s fundamentals. Yet with August, the mood in the broader markets has changed and the GOOGL stock price has
Amazon (NASDAQ:AMZN) was arguably the leading stock in the market for many years. One of the FAANGs, Amazon stock was often the strongest performer of all. Amazon shares rallied from just $300 five years ago to as much as $2,000 recently, making for more than a quintuple in just a few years. Source: Shutterstock It’s
It’s been almost two weeks since General Electric (NYSE:GE) announced its Q2 earnings. Although they were slightly better than expected, General Electric stock has dropped meaningfully since its results were unveiled. Source: Shutterstock Before you buy GE stock, you might want to consider that the biggest GE stock bear — Stephen Tusa of JPMorgan, who
Inarguably, no other company right now has as much of a PR crisis than Walmart (NYSE:WMT). Bear in mind that the big-box retailer has never had a great image due to their aggressive business practices. But with the horrific El Paso mass shooting and the U.S.-China trade war, the Walmart stock price will face pressure.
Tesla (NASDAQ:TSLA) stock is in the headlines seemingly every week for one reason or another. The latest head-scratcher is the company’s decision to once again offer free unlimited supercharging for its Model S and Model X buyers. Source: Shutterstock This isn’t the first time free supercharging has been on offer, so maybe it shouldn’t raise
I’m not a big fan of Chinese electric-vehicle manufacturer Nio (NYSE:NIO). That said, I understand why so many people are bullish on Nio stock, despite its incredible volatility. Essentially, it comes down to the idea that EVs represent the future of the automobile, and it may surprise you that I don’t disagree with that forecast.
The official fiscal Q4 numbers from Aurora Cannabis (NYSE:ACB) haven’t been reported yet. But, if Tuesday’s 10% pop of ACB stock in response to some preliminary figures is any indication, investors are expecting mostly good results. Source: Shutterstock The primary catalyst for the jump of ACB stock was the increase of the company’s revenue and
The past few weeks have brought increased volatility to the markets and many stocks have declined between 5%-10%. One of those stocks that have fallen fast is Amazon (NASDAQ:AMZN), the e-commerce and cloud giant. Year-to-date, Amazon stock is up about 20%. Source: Shutterstock However, the current sell-off, especially after the release of disappointing earnings results on
After another huge start to 2019 for Netflix (NASDAQ:NFLX) stock, the wind came out of the Netflix sails following its Q2 earnings report. A huge subscriber miss once again has investors questioning the long-term growth outlook for Netflix. Analysts and investors are also now taking a closer look at the steep valuation of NFLX stock.
The market has been on a wild ride this week, and today won’t be much different. But the fact is, there are a number of things going on around the globe that are signaling that a slowdown is underway, trade wars or not. The United Kingdom just announced that its economy has contracted. Germany’s manufacturing
Let’s be clear about something: Advanced Micro Devices (NASDAQ:AMD) has proved all doubters wrong. Since dipping below $2 territory in early 2016, AMD stock has experienced nearly a 16-fold increase. That pretty much blows out the returns of every major publicly traded company. Yet exuberant stakeholders should always remain vigilant, objective and in many ways,
Nvidia (NASDAQ:NVDA) still holds the title of the top graphics processing unit chipmaker in the world. The trouble is, China is a major factor in NVDA’s market strategy — it accounts for around 25% of its revenue. And we don’t know what is going on with China due to the current trade war and the
Nvidia (NASDAQ:NVDA), the premiere graphics-chip maker, is expected to report its second-quarter earnings on Aug. 15 after the market closes. Semiconductor stocks, including Nvidia stock, are among the equities that have been the hardest hit by the recent selloff. Source: Shutterstock Despite the recent slide of Nvidia stock price, it might still be too early to
Global equities are reeling again on Wednesday as not one but three central banks (New Zealand, Thailand and India) cut interest rates as policymakers around the world struggle to get in front of weakening economic fundamentals and what looks like a burgeoning currency war between the major powers in Asia, Europe, and the United States.
International Business Machines (NYSE:IBM) remained mostly on the sidelines when the cloud-computing era began, and that oversight hurt IBM stock for some time. In 2015, IBM did finally move into the cloud by prioritizing analytics, cloud, security and mobile. Labeled “strategic imperatives” by the company, the initiative helped IBM stock recover for a short time
International relations are never easy. However, the U.S.-China trade war has hit all the ugly branches of the geopolitical forest. And when I look at recent news, I can’t help but feel incredibly pessimistic for companies like JD.com (NASDAQ:JD). If you’re heavily vested in JD stock, you might want to consider easing off your position
After weeks of bliss, everything seems to be going wrong all at once for Wall Street on Monday. Not only are people feeling emotional after two tragic mass shooting over the weekend, but the U.S.-China trade spat seems to be devolving into a worst-case scenario. Source: Shutterstock After President Trump threatened to impose a 10%
A few years ago, it was common to cast doubt on Netflix (NASDAQ:NFLX) stock. Was the premium content strategy too expensive? Was the global expansion too risky? What about the competition, such as from traditional mega media companies? But of course, Netflix has been able to dispel the doubts by demonstrating a consistent growth ramp.
According to The New York Times’ Jim Tankersley, the Federal Reserve’s recent interest rate cut won’t immediately affect regular folks. However, if you’re heavily vested in Wells Fargo (NYSE:WFC), you might want to pay attention. As a member of the “big four” banks, Wells Fargo stock is an economic bellwether. And that’s why I find
The selling has let up, at least for the time being. Nio (NYSE:NIO) stock recovered in July, bouncing back from below $2.50 per share to $3.47 to close the month. After a truly dreadful few months, July was decent for NIO. Late in the month, NIO stock got an endorsement from CNBC Fast Money trader Pete
Everyone I know seems to have a Fitbit (NYSE:FIT). But maybe that’s just a thing for old white folks. Source: Shutterstock Fitbit issued a terrible, horrible, no good, very bad quarterly report July 29, with miserable guidance. It lost $68.5 million, 27 cents per share, on revenue of $313.6 million and will lose money for the
Due to CSX’s (NYSE:CSX) earnings and revenue miss, many analysts and pundits have begun to take a more bearish view of CSX stock. With its 2019 revenues set to fall 1%-2%, according to its own estimates, CSX could face a rough ride. Also, the trade war with China and signs of an economic slowdown have
U.S. equities sliding lower on Friday as renewed concerns about U.S.-China trade relations weighs on sentiment. It also didn’t help that this week’s Federal Reserve interest rate cut wasn’t well received as chairman Jerome Powell downplayed expectations that the 0.25% cut was the start of a prolonged easing cycle. Instead, he suggested it was a
When Tesla (NASDAQ:TSLA) released worse-than-expected Q2 2019 earnings on July 24, many investors possibly ended up with more questions than answers on what to expect from Tesla stock for the rest of the year. Before the earnings, TSLA stock closed at $264.88. The next morning it opened at $234.50. Now Tesla stock price is hovering around