Tag: Yahoo Finance

U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc vehicles over sudden unintended acceleration reports. The petition covers 2012 through 2019 model year Tesla Model S, 2016 through 2019 Tesla Model X, and 2018 through 2019 Tesla Model 3 vehicles, the agency said. Tesla did not immediately comment Friday....

CRON Stock Could Ride the Cannabis Resurgence into a Year-Long Rally

Cronos (NASDAQ:CRON), the cannabis company best known for its multi-billion investment from Marlboro maker Altria (NYSE:MO) already is having a good year. Year-to-date, CRON stock is up more than 10%.Source: Shutterstock But Cronos is not alone. Pot stocks are bouncing back in 2020, with the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) up more than 10% already through the first two weeks of the year amid favorable fundamental developments (a handful of marijuana companies reported strong numbers in early 2020) and legal developments (among other things, Illinois just legalized recreational marijuana).Here's my two cents: early 2020 strength in CRON stock will extend into a year-long rally for the resurgent pot stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMy rationale is simple. The whole cannabis sector will bounce back in 2020. As it does, Cronos will bounce back even more, because it represents one of the two highest quality investments in the...

FCEL Stock Very Well May Be the Next Renewable Stock to Soar

FuelCell Energy (NASDAQ:FCEL) often gets compared to Plug Power (NASDAQ:PLUG). Although FCEL stock has also had some momentum recently, it's a tenuous comparison.Source: Kaca Skokanova/Shutterstock Both companies ostensibly are "fuel cell" plays, yet their operating models are completely different. After all, Plug Power uses fuel cell technology to power forklifts and other electric vehicles. FuelCell Energy, however, is in the power generation business. Its model sits much closer to Bloom Energy (NYSE:BE) than to Plug Power.That said, from a financial standpoint, the grouping of FCEL and PLUG -- not to mention Bloom Energy and Ballard Power Systems (NASDAQ:BLDP) -- does make some sense. Fuel cell stocks as a whole have been notorious destroyers of investor capital.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBoth PLUG stock and FCEL stock have lost more than 99% of their value from past peaks. FuelCell Energy stock, in fact, is down nearly 99% just...