Despite endless disappointment since its public market debut in 2021, some remain bullish about future prospects for Lucid Group (NASDAQ:LCID). One bit of recent news that may give LCID stock bulls some hope is the electric vehicle maker’s recent updates regarding its development of an electric SUV. Following this announcement, shares made a temporary move
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For conservative investors who are looking for reliable income streams, the best consumer goods stocks to buy are the dividend aristocrats within that sector. These are the stocks of consumer goods companies that have raised their dividends for at least 25 consecutive years. Of course, the fact that these companies have managed to raise their
The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after hours. PacWest, Western Alliance, Comerica – Shares of PacWest plunged more than 50% in extended trading following a Bloomberg News report that the regional bank was exploring strategic options, including a potential sale. The news weighed on other
Rivian (NASDAQ:RIVN) has shown that it can rapidly ramp up the production of its electric vans and trucks, while the demand for its electric vehicles has been and is likely to remain strong. Moreover, the automaker has forecasted that its gross margins can reach around 25%. Given these points, I think the company’s stock price can
According to Finviz, there are 623 penny stocks under $1 to buy that trade on the New York Stock Exchange, the Nasdaq exchange, or the NYSE American exchange. However, while there are some promising plays among these 623 stocks, investors looking for cheap penny stocks under $1 may want to consider casting a wider net, and include
One of the main draws of investing in a big company is security, so companies with a flimsy growth story or questionable financials make for blue-chip stocks to avoid. While a lot of the blue-chips out there come with somewhat of a too big to fail caveat, there are plenty that will be a drag
By all measures, electric vehicles’ availability and sales are expanding rapidly in the U.S. In fact, in the first quarter, there were 42 EV models available, up from 34 year over year. All while EV sales soared 45% year-over-year to a record of nearly 260,000. That also puts America on course to surpass 1 million
I have good news and bad news for the owners of Lucid (NASDAQ:LCID) stock. On the one hand, I’m pleased with the company’s decision to launch a unique electric vehicle, as I believe that being unique is one way to succeed in an extremely competitive niche. And there’s no doubt that the luxury EV sedan
Since the beginning of this year, growth stocks have seen a spectacular run-up after a bloody 2022. Though the anticipated recession and interest rate hikes will make growth stocks riskier, truly good growth companies will always be rewarded and outperform during recessions. Below are three companies I expect to continue growing, no matter the macroeconomic
While the narrative of undervalued energy stocks to buy might not seem so pressing right now, investors may want to get in before the wave does. Early last month, the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — shocked the market with unexpected production
Tesla’s (NASDAQ:TSLA) stock has performed well this year, rising by 51% since the start of 2023 (although it’s still down almost 50% from its 2022 starting point). Given the worries about the effect of current automobile price drops and rivalry, certain shareholders might seek alternate methods to participate in the surge in EV stocks. Shareholders may
Are you looking for cheap tech stocks? I quickly screened tech stocks under $50 in the NASDAQ 100. I came up with just three. I did the same with the S&P 500. My choices jumped more than three-fold to 10. That’s still not very many. So I broadened my search again to include any tech
While the adage that you get what you pay for generally rings true, you can sometimes cheat up this narrative with the best stocks to buy under $10. While you can’t get much for a Hamilton these days, you can acquire shares of surprisingly compelling enterprises. Better yet, these ideas carry positive assessments from Wall
While not the most comfortable topic to discuss, with the fifth month of the year upon us, it’s time to discuss stocks to sell in May. If you’ve been around the market for a while, you probably heard the phrase, “Sell in May and Go Away.” It refers to the underlying month being a historically
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Artificial intelligence (AI) is rapidly changing the world and the stock market is no exception. AI-powered algorithms are now being used to predict stock prices, identify investment opportunities and even manage portfolios. A great example of AI stock predictions yielding good results is the ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), which employs AI as
In this article SBUX GNRC LLY YUM PACW AMD Follow your favorite stocksCREATE FREE ACCOUNT A CVS pharmacy stands in a Brooklyn neighborhood on February 08, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making the biggest moves midday: CVS Health — Shares fell about 3% after the company
After several years of increasing IT spending, there has been a retrenchment. Customers are looking at ways to cut back on costs and consolidate solutions. But there is an area of the market that has been able to buck the trend: AI stocks. OpenAI’s launch of ChatGPT has represented an inflection point. It has shown
If you’re considering buying shares of electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) now, you have a lot to think about. It’s certainly encouraging that Mullen has a contract with the government of Washington, D.C. On the other hand, Mullen Automotive’s recent press release about possible stock manipulation is alarming. All in all, cautious investors
China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO) has fierce competition, including from the likes of automotive giant Tesla (NASDAQ:TSLA). It’s going to be difficult for NIO stock investors to succeed this year, as Nio remains inflexible on EV prices. Plus, Nio’s margins are down, but the company’s capital outlays are rising sharply. Not all of the news