Tag: Bank of America

  • 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…

  • Here’s Why Apple is Headed to $200 Shortly

    Here’s Why Apple is Headed to $200 Shortly

    Apple is coming back strong, as hoped. Just days ago, we noted, “After falling from about $199.62 to a recent low of $180.17, the oversold tech giant is now back at $186.56. From here, we’d like to see it refill its bearish gap around $192.50 initially. Helping, the company just announced Apple Vision Pro will…

  • This is Why Target (TGT) is Up More than $20

    This is Why Target (TGT) is Up More than $20

    Back from the dead, Target (TGT) exploded. Last checked, the retailer was up about $20 a share to $130.86 and could head higher.  Not only were earnings better than expected, but the holidays are just around the corner again. TGT topped Wall Street’s quarterly sales expectations and blew past earnings estimates, as purchases in high-frequency…

  • This is Why Plug Power Was Crushed

    This is Why Plug Power Was Crushed

    Hydrogen stocks are supposed to have a bright future. Goldman Sachs and Bank of America both say it could create an $11 trillion opportunity. President Biden is investing billions in hydrogen hubs in the U.S. Unfortunately, companies like Plug Power may not be around long enough to enjoy it. On Friday, shares of PLUG plummeted…

  • One of the Top Sectors to Invest In for 2023

    One of the Top Sectors to Invest In for 2023

    Keep an eye on hydrogen stocks, especially Plug Power (PLUG). According to UBS analyst Manav Gupta, the stock is a buy and could see $26 a share. “Hydrogen could be a $10 trillion market by 2030, and PLUG aims to be a one-stop shop and market leader in the entire space,” Gupta said, as quoted…

  • Crisis Could Lead to Opportunity for XLF ETF

    Crisis Could Lead to Opportunity for XLF ETF

    The Financial Select Sector SPDR Fund (XLF) isn’t having the best of days. All thanks to the collapse of the Silicon Valley Bank. But you may want to put it on your buy screen anyway, as a potential contrarian bet. Once the crisis is priced in, the XLF ETF should come back just as strong…

  • Here’s Why Fastly is Up 30% Today

    Here’s Why Fastly is Up 30% Today

    Investors may want to keep an eye on Fastly (FSLY). At the moment, the FSLY stock is up about 30% on a volume spike to 21.1 million shares, as compared to daily average volume of 3.04 million. All thanks to a double upgrade ahead of earnings, and an analyst note the stock could run another…

  • One of the Top Hydrogen Stocks to Consider

    One of the Top Hydrogen Stocks to Consider

    Plug Power (PLUG) is on the move. Up about 10% on a volume spike to 17.66 million shares, as compared to the daily average volume of 16.8 million, the stock could see higher highs this year. For one, Nikola just received a letter of intent for an order of 100 Class 8, heavy-duty Nikola Tre hydrogen…

  • First Solar Stock Will See Much Brighter Days Ahead

    First Solar Stock Will See Much Brighter Days Ahead

    First Solar (FSLR) refuses to cool off. Over the last month, the solar stock ran from about $120 to $164.87, as of today. From here, it could see higher highs.  All after the company selected Alabama for its fourth new U.S. panel factory, where it will spend $1.1 billion to build the site, and get…

  • Top Reasons First Solar Jumped, as Expected

    Top Reasons First Solar Jumped, as Expected

    Investors may want to keep an eye on First Solar (FSLR), we said on August 30. For one, there’s the $370 billion clean energy bill.  Two, Bank of America still believes the market is not full-appreciating First Solar with regards to the solar bill. Three, First Solar just announced it would spend $1.2 billion on…