Skip to content
The "production intent" rendering reveals the design and prototyping of the new EV truck done in partnership with Hydra Design Labs. ...
The "production intent" renderings reveal the design and prototyping of the new EV truck done in partnership with Hydra Design Labs. ...
NIO (NYSE:NIO) stock has been on an absolute tear in the past 2 months.Source: Carrie Fereday / Shutterstock.com When I last wrote about its shares on May 28, NIO was trading at $3.83. Shares currently sit at $14.98. That represents a price appreciation of 291% in a very short period of time.Back in May, I recommended NIO as a buy despite negative rhetoric and trade war concerns. Chinese government control via direct investment and sheer market size alone made it fail-proof in my mind then.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMarkets will be paying much more attention to NIO given its meteoric rise of late. Investors will likely engage in profit taking to some degree but I believe NIO shares' trajectory makes it a buy still. * 8 Presidential Election Stocks to Buy in Case Trump Wins Again There's still plenty of room for long-term buy-and-hold investors to...
I last wrote about Plug Power (NASDAQ:PLUG) in early April. A fair bit has happened to the manufacturer of hydrogen fuel cell systems in the three months since. All of it is good, which is why PLUG stock is up 129% since April 7. The stock hit a 52-week and all-time high of $10.49 on July 6. In the six days of trading since it has fallen back 21%. I guess investors felt Plug Power stock was getting ahead of itself from a valuation perspective. Fair enough. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn April, I was enthusiastic about the company's drive to $1 billion in sales by 2024, suggesting it was a buy in the mid-$3s and a steal under $3. Now that it's pushing $10, it's not nearly as cheap. Despite its lofty valuation, I still believe it's a buy. Here's why. Plug Power's Lofty Goals...
A collaboration between Navistar and TuSimple will accelerate testing and proving of technology capable of running commercial trucks at full driverless Level 4 operation by 2024. ...
Shares of General Electric Company (NYSE: GE) traded lower Wednesday despite increasing concerns about the economic impact of a second wave of COVID-19 infections nationwide.GE still has a long way to go in demonstrating it's back on the path for long-term cash flow and earnings growth. However, a flurry of large bullish option trades on Wednesday suggests there are some deep-pocketed investors who see significant upside for GE.The GE TradesOn Wednesday, Benzinga Pro subscribers received 44 option alerts related to unusually large GE option trades. Here are a handful of the largest: * At 9:55 a.m. ET, a trader sold 2,615 GE call options with a $10 strike price expiring on Jan. 15, 2021. The contracts were sold near the bid price at 35.9 cents and represented a $93,878 bearish bet. * Less than a minute later, a trader bought 2,665 GE call options with a $10 strike price expiring on...
Joe Gatto became the CEO of Callon Petroleum Company (NYSE:CPE) in 2017, and we think it's a good time to look at the......