Tag: Goldman Sachs

  • Here’s Why Micron Technology Could Race Even Higher

    Here’s Why Micron Technology Could Race Even Higher

    Keep an eye on memory stocks, like Micron Technology (MU). The stock gapped up after Samsung said it would cut memory production, which is seen as a “huge positive” for the industry. “This is a big deal,” said Citi analysts, who remind investors that Samsung has a ~50% market share in the DRAM (dynamic random-access…

  • 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…

  • 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 Exploding Higher, as Hoped

    First Solar Exploding Higher, as Hoped

    On Jan. 10, we noted that shares of First Solar (FSLR) could push higher. At the time, FSLR traded around $160.  Today, it’s up to $183.50 – and running. For one, Goldman Sachs recently noted the Inflation Reduction Act (IRA) is one of the “most meaningful policy developments for the US solar and energy storage…

  • This is Why Pfizer is Still a Buy

    This is Why Pfizer is Still a Buy

    Pfizer (PFE) has gone ballistic. Since bottoming out at around $42 in October, the stock is now up to $53.33.  From here, it could move even higher on an upgrade from Goldman Sachs. The firm just upgraded PFE to a buy rating with a price target of $60 a share. According to TheFly.com: Goldman Sachs…

  • Lithium Stocks are Still a Strong Buy

    Lithium Stocks are Still a Strong Buy

    Just days ago, Goldman Sachs took down lithium stocks. The firm said the gap between supply and demand is quickly narrowing and could be back in balance by 2023. They also believe lithium production could be well above demand by at least 400,000 tons. Unfortunately for Goldman Sachs, they’re wrong again. In fact, according to Sociedad…

  • All Eyes on the Federal Reserve

    All Eyes on the Federal Reserve

    Markets are still wild. All as we wait for the Federal Reserve’s decision to hike interest rates by either 75bps or 100bps.  All in an effort to combat sky-high inflation, which hit 8.3% in August. According to CNBC: “In its continuing quest to tackle runaway inflation, the Fed likely will approve a 0.75 percentage point…

  • 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…

  • Use Weakness in Hydrogen Fuel Stocks as Opportunity

    Use Weakness in Hydrogen Fuel Stocks as Opportunity

    Pay close attention to hydrogen stocks this year. With countries all over the world pledging to reduce emissions, “Hydrogen would be necessary for the world’s largest emitters – the US, China, and Europe – to achieve net-zero climate targets by 2050 – 2060 by decarbonizing hard to abate industries,” says Energy Global. Analysts at Goldman…

  • Here’s Why Plug Power Just Popped

    Here’s Why Plug Power Just Popped

    Keep an eye on Plug Power (PLUG). After a rough outing in late 2021, the hydrogen stock is showing signs of life.  In fact, we’d use the latest pullback from $32 as an opportunity to buy. For one, we have to remember the hydrogen story could be worth trillions. Goldman Sachs called hydrogen a “once…