Wedbush analyst Dan Ives released a bullish note on Tesla (NASDAQ: TSLA) stock on Tuesday morning. In commentary to support his 12-month price target of $1,400 for the company’s shares, he said there are several catalysts that could drive the growth stock significantly higher next year. Highlighting just how well the analyst thinks things could go for the company in a best-case scenario, his most bullish case for the stock calls for an enormous 12-month price target of $1,800, representing about 65% upside from where the stock is trading today.
One day after the American depositary shares of Chinese EV maker Nio (NYSE: NIO) hit their lowest level in over a year, the shares are jumping today. The thing is, these stocks have very little in common, other than the glaring fact that they all are in the electric vehicle sector.
Let’s talk about losses. Specifically, let’s talk about individual stock losses during a time of generally rising markets. While these situations can define stocks that are fundamentally unsound, they can also highlight stocks that are primed for rapid gains. To start with, we’re still in a long-term bullish trend. It got started back in March of 2020, when the economy hit bottom during the initial stage of the pandemic crisis. Since then, that first bounce back up has turned into a strong and s
Recovering from a three-day sell-off, shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) stock bounced back on Thursday and are up 7.2% as of 11:11 a.m. ET. Alibaba’s bounce back appears tied to a Bloomberg report yesterday that the company is “weighing options” to dispose of its 30% stake in Weibo (NASDAQ: WB), the “Chinese Twitter,” and may sell its Weibo shares to “a state-owned firm.” There are at least a couple of reasons why such a move could be good for Alibaba.
(Bloomberg) — China’s tech giants rebounded on Friday, with thin liquidity exacerbating swings as some traders closed out short positions on the last day of the year.Most Read from BloombergGhislaine Maxwell Found Guilty in Win for Epstein VictimsHawaii Is Rethinking Tourism. Here’s What That Means for YouMercedes Swept Up in China Internet Furor Over Models’ EyesCDC Tells Even Vaccinated to Avoid Cruises; Shares TumbleT Cells Come to the Rescue as Studies Show They Buck OmicronThe Hang Seng Te
(Bloomberg) — Warren Buffett is not going to get involved in labor disputes of any company he owns, despite a request from Senator Bernie Sanders.Most Read from BloombergGhislaine Maxwell Found Guilty in Win for Epstein VictimsHawaii Is Rethinking Tourism. Here’s What That Means for YouMercedes Swept Up in China Internet Furor Over Models’ EyesCDC Tells Even Vaccinated to Avoid Cruises; Shares TumbleT Cells Come to the Rescue as Studies Show They Buck OmicronThe Vermont independent asked Buffet
IRA accountholders, including those with traditional IRAs or Roth IRAs, are free to add funds and make transactions for the 2021 tax year all the way up to Tax Day in 2022 (April 15, 2022). Below are five no-brainer stocks you can consider adding to your IRA for the 2021 tax year. Although it’ll win you no points for originality, there may not be a stock with a greater likelihood of long-term appreciation than Amazon (NASDAQ: AMZN).
Investor’s Business Daily
Looking for a steady income stream to provide stability in your portfolio? Here are seven of the best dividend ETFs to invest in the coming year, ranked by assets.
If you haven’t been paying close attention to Vector Group (NYSE: VGR) stock lately, you might have woken up to a shock today. At a share price of $11.27 as of 10:45 a.m. EDT Thursday, Vector’s stock seems to have lost a third of its value overnight, after closing at $17.16 Wednesday evening. Instead, what happened is that after close of trading yesterday, Vector completed the spinoff of Douglas Elliman Realty (NYSE: DOUG), its New York-based commercial real estate brokerage, effectively dividing itself into two stand-alone companies.