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The S&P 500’s near 30% return last year was driven in large part by multiple expansions, which sent valuations well above their historical averages....
With no reason to sell off, why wouldn't stocks continue higher on Monday? Let's look at a few top stock trades for Tuesday, when earnings season will begin with the banks. Top Stock Trades for Tomorrow No. 1: Canopy Growth (CGC)Source: Chart courtesy of StockCharts.comThe cannabis space is far from being out of the woods, but there are two names in the group that I have liked recently, one of which is Canopy Growth (NYSE:CGC).Canopy shares are hitting their highest level since October, as shares push higher on Monday. In doing so, CGC is reclaiming both the $22 level and the 100-day moving average.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt might get there in a few days or it might take a few months, but a rally up and over $25 into the upper-$20s shouldn't be out of the question now. * 7 Inflation-Beating REITs to Ground Your...
Bank of America is still an attractive buy even after a 43% gain in 2019 Continue reading......
Investing.com - Streaming television service Roku enjoyed a rally Monday after a Wall Street analyst gave a thumbs up to the company’s presentation at the Consumer Electronics Show last week....
A monster pickup is more socially acceptable when there's no monster pollution....
I like to trade assets that move -- and out of all the automakers, Nio (NYSE:NIO) stock is among the most volatile. Last year gave Nio traders heart palpitations. As the share price touched $10, nearly went all the way down to $1 and ended the year around $4.Source: Sundry Photography / Shutterstock.com While General Motors (NYSE:GM) has attempted to make headway into the Chinese automotive market, the biggest threat by far has been Tesla (NASDAQ:TSLA), which I like to call the 800-pound gorilla in the electric vehicle (EV) niche. With such strong and relentless competition, is this really a good time to consider Nio stock?Let's dive deeper.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Challenges for NIO Stock in a Weak Chinese Auto MarketI won't deny that Nio shareholders enjoyed a strong December, and I'll address that momentarily. First, though, I'd like to size up the competition, starting...
