If you believe in the future of the global movement towards electric-powered vehicles, Nio (NYSE:NIO) is a company that should be on your radar. As an investor, you'll find that Nio stock is easily affordable and the company has strong growth potential.Source: Sundry Photography / Shutterstock.com Don't get me wrong: there is always risk involved if you're investing in a start-up company. That being said, it's undeniable that the electric-vehicle market is disrupting the automotive industry as we know it. And as a business enterprise, Nio is still in the first innings of the game.It is true that the novel-coronavirus crisis took a serious toll on the global automotive market. But that actually provided an opportunity to accumulate shares of Nio stock while panic was setting in. Today, the data suggests that the fears were overstated. The electric-vehicle market is here to stay, and so is Nio.InvestorPlace - Stock Market News,...
Prior to the market selloff 2.0 on June 11, PepsiCo (NASDAQ:PEP) was having a tough time getting investors excited. Now that the market appears to be turning over again, PEP stock is flatter than a can of soda that has been left open for a day. But I expect the story for the company to get better once investors get time to catch their breath.Source: FotograFFF / Shutterstock.com Yesterday, the Dow Jones Industrial Average was down nearly 1,800 points in late day trading. The market's fear index has climbed over 50%. If the market is forward looking, then investors are beginning to price in what will be in all likelihood disastrous quarterly earnings. PepsiCo Is a Defensive StockThe market may also be starting to price in increasing concerns about a growing second wave of the novel coronavirus. And although I tend to believe that a mass lockdown is not in the...
The stock market's recent volatility has brought about a new generation of traders who use low-cost brokers in order to place trades via apps. But with many of the barriers to trading removed, quite a few novice traders have decided to dive in the deep end using complex investment vehicles to make a quick buck. Increasing interest in Direxion Daily Junior Gold Miners Bull 2X ETF (NYSEARCA:JNUG) stock is a perfect example.Source: Shutterstock Data from millennial-favorite trading app Robinhood shows that JNUG was one of the app's most popular ETFs, with more than 43,000 investors adding it to their holdings. The platform also noted that it believes its users could make up a significant portion of the leveraged ETF's holders. Why JNUG is Riddled With RiskLeveraged ETFs are often regarded as sophisticated investment vehicles that should be left to the pros, or at the very least, seasoned day-traders. There are a...
The COVID-19 pandemic continues to affect all aspects of the industry, and while one conference is going virtual, another has decided to move forward with an in-person meeting. ...
Close on heels of two sell-side downgrades, another analyst is offering a bleak outlook for high-flier Tesla Inc (NASDAQ: TSLA).The Tesla Analyst: GLJ Research's Gordon Johnson maintains a negative bias on Tesla shares and has a year-end price target of $87.The Tesla Thesis: Tesla may have produced 1,366 Model 3 LRs and 10,135 Model 3 SR+s at its Shanghai Gigafactory in May, comprising the 11,501 figure reported by the Chinese Ministry of Industry and Information Technology, Johnson said in a note.The numbers were derived from battery statistics reported by suppliers, the analyst said. The Shanghai Gigafactory has an aggregate production capacity of around 3,600 vehicles per week, although 400 LRs may have been produced per week in May, he said. Johnson is of the view that Tesla's June sales, particularly for the Model 3 LR, will be far below automaker and Street's estimates due to production constraints.With data suggesting the company...
