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The electric-vehicle boom has its foot firmly on the gas. While some of the top EV stocks look at bit toppy {Tesla (NASDAQ:TSLA) and Nio Inc. (NYSE:NIO), for example}, they can still climb a great deal further. That's especially true for Workhorse Group (NASDAQ:WKHS) stock.Source: rblfmr / Shutterstock.com The last time I weighed in on WKHS stock, I said, "I believe.. {the} stock could double with a good deal of patience for a few reasons, including the EV boom, solid contracts, and an $18 billion last-mile delivery opportunity."That was on Aug. 26, as WKHS stock traded at a low of $17.03. Shortly afterwards, Workhorse jumped to a high of $30.99 before pulling back with the broader market. However, with patience, I strongly believe the stock could double from its current levels.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAfter all, it has very solid catalysts that should give the shares...
Is the correction over? It may not look that way yet in some market indices -- and many stocks for that matter. But under the surface, the Nasdaq Composite and many of its most influential tech stocks' price charts are warning otherwise and advising investors it's nearly time to buy more smartly.If you're a superstitious kind of investor, the proposition of the market having bottomed isn't going to be an easy one to accept. The Nasdaq Composite's corrective loss does stand at the numerologically unlucky 13%. That low also formed over 13 days. And of course, investors are still faced with the month of October. Boo!Still, there is solid evidence indicating a low has formed.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe fact is most corrections don't grow into full-blown bear markets. And 13% isn't a run-of-the-mill pullback unworthy of becoming an intermediate low. Also and appreciatively, the VIX...
Every investor in People's United Financial, Inc. (NASDAQ:PBCT) should be aware of the most powerful shareholder......
Southern California Edison (SCE), has designated SafeConnect as an approved supplier for the utility’s Charge Ready Transport Program off road Approved Package List (APL). ...
The On the Move panel discuss the news that the EU is appealing the Apple ruling, putting the $15 billion tax battle back into play....
Toronto, Canada-based Just Energy Group (JE) is a natural gas and electric utility -- not the sexiest kind of business in the world, in other words. Detracting further from its attractiveness, Just Energy is only an occasionally profitable business, having lost money in three of the past six quarters, and made money in the other three, but overall, having lost $287 million more than it made.So why did Just Energy stock double in Thursday trading, closing at $0.56 per share?The answer is that on Wednesday, Just Energy announced that the U.S. Federal Energy Regulatory Commission (FERC) finally gave its blessing to the Company’s previously announced "Recapitalization Transaction," whereby $320 million of the company's debt load (comprising both convertible debt and preferred shares) will be converted into common stock, $75 million in new capital will be injected into the company, and $410 million in other debt will have its due dates for...
It may be hard to stop an onslaught of electric motorcycles into the future as the country focuses on ways to combat climate change....
