Lordstown Motors Corp to Start Electric Truck Production in Q3 Long-suffering Lordstown Motors Corp (NASDAQ:RIDE) shareholders have reason to cheer these days. The electric vehicle (EV) maker recently announced that it closed on a deal to sell its factory in Lordstown, OH to Hon Hai Technology Group (better known... Read more
Why Contrarians Should Look at Everbridge Inc Technology and growth stocks are currently being shunned by the market. So far, 2022 has been the opposite of 2021, when euphoria drove high-valuation stocks to excessive levels. With both the Nasdaq and Russell 2000 treading in bear-market territory, it might be... Read more
Village Farms Stock a Great Contrarian Play Those who follow the cannabis stock market know it has been taking a beating lately. The broader stock market has also been bearish—hobbled by rising interest rates, record-high inflation, a looming recession, the COVID-19 pandemic, and the war in Ukraine. Pot stocks... Read more
Marvell Technology Inc Bullish on Strategic Acquisitions The stock market might not be firing on all cylinders, but 5G behemoth Marvell Technology Inc (NASDAQ:MRVL) is. The company recently reported strong fourth-quarter financial results, with record revenue and a swing to profitability. Moreover, the company’s 5G and cloud technology portfolio... Read more
Investment Opportunities Appear as Electric Vehicle Stocks Tank The next few years (and decades) are expected to provide strong tailwinds for companies involved in the electric vehicle (EV) industry. One report forecasts that the global EV market could grow to a staggering $802.8 billion by 2027, compared to $162.3... Read more
ElectraMeccanica Vehicles Corp: Small Company With Big Potential If you’re kicking yourself for missing out on the 2020 stock market crash and recovery, the current pullback presents you with another chance to profit. And if you’re interested in electric vehicle (EV) stocks that have taken a breather (most have),... Read more
Advanced Micro Devices, Inc. No Longer Second Place in Chip Speed In the 1990s, when the personal computer (PC) became an everyday item in businesses and homes, the company producing the fastest microchips to power PCs wasn’t Advanced Micro Devices, Inc. (NASDAQ:AMD). At that time, the fastest chips were... Read more
Ascend Wellness Holdings Inc: 6 States, 20 Dispensaries, & Still Growing Cannabis stocks are in a bear market, with stalled federal U.S. legalization of marijuana being the biggest industry headwind. That’s despite an overwhelming 68% of Americans supporting legalization. Other hurdles that are keeping pot stocks in the dumps... Read more
Why Investors Have Concerns About Amazon.com, Inc. If you owned shares of Amazon.com, Inc. (NASDAQ:AMZN), April 28 wasn’t a great morning for you after the mega-cap tech company stunned the market with weak first-quarter results and a warning about its second quarter. But while Amazon.com, Inc. fell short of... Read more
Qualcomm Stock the King of Wireless Microchip Stocks The world is continuing to face a microchip shortage in many industries. This has led to a significant buildup of chip manufacturing capacity worldwide. The U.S., in particular, could undergo a semiconductor renaissance over the next decade as the country works... Read more
