RIVN Rivian Automotive $14.79 +0.14 (+0.96%) (As of 07/5/2024 ET) 52-Week Range $8.26 ▼ $28.06 Price Target $19.04 Despite sinking to an all-time low in April, shares of Rivian Automotive, Inc. NASDAQ: RIVN have been on a heater in recent weeks. The electric vehicle (EV) maker, considered one of the stronger alternatives to the king of…
Clarivate NYSE: CLVT may not be the cheapest AI stock worth buying, but it is inexpensive and set up to rebound strongly over the next few quarters. Trading at a mere 7.5x its earnings outlook for 2025, it is a super-deep value compared to leading AI plays, and the estimates for earnings growth underestimate the…
We recently carried out a survey among 3,000 business executives to identify which cities they consider hidden gems for launching a startup. The results are below. Key Findings & Implications Overall: Regional Clusters: Many hidden gem cities are clustered in regions known for their strong educational institutions, lower living costs, and supportive local governments. The…
A significant short interest may result in a squeeze, but what do the prominent short positions represent? Understanding the implications of high short interest, including the potential for significant price volatility and the underlying health of companies, is essential for retail traders. What is Short Interest? Short interest refers to the total number of shares of…
Most of the market attention remains with the technology sector today, where all of 2024 has been centered around every stock related to artificial intelligence, particularly those in the chip and semiconductor space. When reading this, most investors probably thought of NVIDIA Co. NASDAQ: NVDA and other names in that space, but that wave could…
$143.20 +2.70 (+1.92%) (As of 02:12 PM ET) 52-Week Range $79.86 ▼ $156.95 P/E Ratio 39.45 Price Target $141.67 Generac Holdings Inc. NYSE: GNRC has long been synonymous with backup power generation, holding a commanding presence in a market driven by the need for energy reliability. However, recent developments have created a complex narrative, leaving investors…
SPY SPDR S&P 500 ETF Trust $555.23 +0.59 (+0.11%) (As of 02:13 PM ET) 52-Week Range $409.21 ▼ $556.25 Dividend Yield 1.23% Assets Under Management $544.22 billion The S&P 500 NYSEARCA: SPY can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation…
$387.30 -2.38 (-0.61%) (As of 02:22 PM ET) 52-Week Range $140.52 ▼ $397.12 P/E Ratio 730.77 Price Target $382.35 CrowdStrike Holdings NASDAQ: CRWD is a technology firm specializing in AI-powered cybersecurity. It has recently seen massive share price growth, up 162% in the last 12 months. Since going public in 2019, the firm has had a…
MKC McCormick & Company, Incorporated $69.62 -0.84 (-1.19%) (As of 02:23 PM ET) 52-Week Range $59.13 ▼ $90.45 Dividend Yield 2.41% P/E Ratio 25.41 Price Target $76.25 McCormick & Company NYSE: MKC is in the consumer staples sector and is the 8th largest US food products company by market capitalization. The firm reported Q2 2024 earnings…
Onsemi NASDAQ: ON share price struggles in 2024, but the bottom is in, and a rebound is at hand. While sales will decline in 2024, the cause is macro, including end-market inventory, and an end to the pain is near. Analysts forecast a bottom in Onsemi end semiconductor markets, suggesting a pivot is coming for…