Author: Vitaliy Dadalyan

NIO Stock Still Has Plenty of Fuel After 2 Months Rocketing Upwards

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...

It’s Time for Plug Power to Plow Through $10

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...

Flood Of Unusual GE Call Buying Suggests Major Upside In The Next 6 Months

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...