Category: Archives

  • Top Ways to Trade U.S. Infrastructure Issues Heading into Election

    Top Ways to Trade U.S. Infrastructure Issues Heading into Election

    As we get closer to the 2024 presidential election, we’ll hear more about key issues such as infrastructure from both camps. After all, the U.S. is in desperate need of repairs. At the moment, America’s infrastructure is graded a C-, which is an improvement.  Unfortunately, according to the American Society of Civil Engineers (ASCE), “There…

  • This is Why Analysts are Still Bullish on Best Buy

    This is Why Analysts are Still Bullish on Best Buy

    Keep an eye on Best Buy (BBY). After bottoming out at around $70, the stock exploded to a recent high of $91.60. While over-extended to the upside, the run may be far from over. Analysts at UBS just upgraded the stock to a buy rating with a price target of $106.  “Over the next 18…

  • How to Trade the Biotech M&A Boom

    How to Trade the Biotech M&A Boom

    Biotech stocks are breaking higher. All thanks to the return of M&A. Most recently, Bristol Myers agreed to acquire RayzeBio in a $4.1 billion deal, which is a 100% premium to its Friday closing price. “This transaction enhances our increasingly diversified oncology portfolio by bringing a differentiated platform and pipeline, and further strengthens our growth…

  • Viking Therapeutics Could See Substantial Upside this Year

    Viking Therapeutics Could See Substantial Upside this Year

    Keep an eye on rebounding shares of Viking Therapeutics (VKTX). Earlier this year, the company reported that the injectable form of its obesity treatment helped patients lose up to 13.1% of their weight after 13 weeks. Then, the company said the tablet form of its treatment led to a weight loss of about 3.3% after…

  • It’s Time to Buy Weakness in Albemarle

    It’s Time to Buy Weakness in Albemarle

    Keep an eye on Albemarle (ALB). With electric vehicle demand accelerating again, and lithium prices bottoming out, ALB could push aggressive higher. At the moment, it’s again challenging support dating back to February, where it tends to bounce. In February, for example, it bounced from about $110 to $142.50. In March it bounced from about…

  • Nvidia Could Easily See Another 30% of Upside

    Nvidia Could Easily See Another 30% of Upside

    Nvidia could easily race higher. With the AI boom gaining momentum, strong earnings, and an upcoming 10:1 split, there’s a lot to like about the tech giant. For one, in its first quarter, the company posted adjusted EPS of $6.12 on sales of $26 billion. Gaming revenue was 18% higher year over year. Data center…

  • This Obesity Stock is up Nearly 50% in Days

    This Obesity Stock is up Nearly 50% in Days

    The obesity epidemic is bursting at the seams we said on May 23. According to the World Health Organization, obesity has tripled since 1975.  More than 1.9 billion adults were overweight, as of 2016, with more than 650 million considered obese. By 2030, about 20% of the global population will be obese, according to the National Centers…

  • Goldman Sachs Bullish on these AI-Fueled Stocks

    Goldman Sachs Bullish on these AI-Fueled Stocks

    Power demand is expected to explode over the next few years thanks to artificial intelligence and data centers. According to JLL.com, “Consumers and businesses are expected to generate twice as much data in the next five years as all the data created over the past 10 years.” “Data center storage capacity is expected to grow…

  • Upcoming Stock Splits to Consider

    Upcoming Stock Splits to Consider

    Always keep an eye on stock splits. After all, they make expensive, sought-after stocks far cheaper for retail investors who may have missed out on the prior run. In addition, according to Bank of America analysts, stock splits are typically bullish for companies that enact them. On average, returns one-year post-split is 25%, compared to…

  • This is Why You Should Never Chase Meme Stocks

    This is Why You Should Never Chase Meme Stocks

    What goes up must come down. Unfortunately, some of us learned that the hard way with meme stocks this week. Over the last few days, shares of AMC Entertainment ran from a low of $2.90 to a high of $11.88. All as “Roaring Kitty” sparked a flurry of meme stock buying activity.  And while it’s been fun to…