Hydrogen stocks are going ballistic. All thanks to the Senate’s climate bill and Amazon.com. For one, according to Recharge News, “The passing of the Inflation Reduction Act (IRA) by the US Senate on Sunday may prove to be the single…
Markets
Primary care stocks are on the run again. Just weeks ago, Amazon said it would acquire 1Life Healthcare (ONEM) to its growing healthcare unit for $3.9 billion, or $18 a share. Now there’s word that Owl Creek Asset Management wants…
Target (TGT) made a mess. In its second quarter, the company posted adjusted EPS of 39 cents, which was well below expectations for 72 cents. Sales came in at $26.04 billion, which met expectations. Inventory was also still higher at…
Water scarcity has become a major problem. At the moment, millions of people in the Western part of the U.S. are seeing some of the biggest reservoirs drug up. In fact, the United Nations recently said the water levels at…
With flex space demand on the rise, WeWork (WE) is on the move. For one, the company’s CEO and CFO have been buying stock. CEO Sandeep Mathrani, for example, bought 50,000 shares of WE at $4.9799 a share. He now…
Just days ago, we noted, “After plunging from about $70,000 to less than $20,000, it appears the worst has been priced into Bitcoin. If that’s the case investors may want to consider BTC mining stocks, like Marathon Digital, Riot Blockchain,…
Every January, one of the best strategies is to invest in the top Dogs of the Dow. In 2021, the Dogs of the Dow returned about 16.3%. While 2020 wasn’t a great year for the Dogs, most other years have…
Lithium stocks are skyrocketing. And they’re not likely to come down any time soon. With electric vehicle demand only accelerating, and automakers in desperate need of supply, lithium may be one of the hottest opportunities around. Look at Albemarle (ALB),…
With inflation through the roof, retailers are struggling. All we have to do is look at the earnings disasters from Walmart and Target for proof. Target posted adjusted EPS of $2.19 a share, which fell short of expectations for $3.07.…
Days ago, AMTD International (AMTD) went ballistic, running from about $1 to $12.90. Now, we’re watching as Magic Empire Global Limited (MEGL) follows suit. New to the market, the stock is up 2,900% at the moment at $120. For those…