Seeking catalyst driven opportunity
February 6, 2024 8:26 AM | 2 min read Five stocks in the information technology sector may be waving a cautionary flag to momentum-driven traders as of Feb 6, 2024. Comparing a stock’s strength on up and down days, the RSI (Relative Strength Index) serves …
Lenovo Shares Nosedive Amid Political Tensions Lenovo, a major player in the PC industry, has recently experienced a significant dip in its stock value following the publication of an article raising concerns about the company’s future prospects in the United States market. The article prompted …
Meta Platforms Inc.’s META flagship product, Facebook, has reached the ripe age of 20. Despite being a year shy of the legal drinking age in the U.S., Facebook has profoundly influenced information consumption and online connections. The Facebook of today stands at 3.07 billion monthly …
U.S. stocks began the day on a high note, with the Dow Jones index soaring by more than 100 points on Tuesday. As the trading day unfolded, the Dow surged by 0.34% to 38,509.84, while the NASDAQ climbed 0.21% to 15,629.82. The S&P 500 also …
A renewable energy infrastructure is well on its way to being built. However, patient investors still have time to get involved with green transportation stocks. Fossil fuels will still be needed for decades to come. Therefore, traditional energy stocks will remain solid investments, particularly for …
Image Source: monsitj/iStock via Getty Images Hyzon Motors Inc. (NASDAQ:HYZN) revealed a groundbreaking collaboration on Tuesday, forging an alliance with privately-held New Way Trucks to conceptualize a fuel cell powered refuse vehicle designed for the North American market. Embarking on the advanced stages of truck …
You may have heard the slogan, “This, not that.” The mantra encourages people to think about their decisions. Something popular might not benefit you, so consider a similar, better alternative. It’s a fun game that came to mind when thinking about some of Warren Buffett’s …
Unveiling the 13F Filings Recently, a detailed review of the latest batch of the 20 most recent 13F filings for the 12/31/2023 reporting period revealed Amazon.com Inc (Symbol: AMZN) being held by 14 of these funds. When hedge fund managers seem to be of one …
Nextracker Inc. NXT shares are trading higher Thursday after the company posted better-than-expected third-quarter financial results. The Latest Financials: Nextracker reported its third-quarter financials after the bell on Wednesday with stellar earnings of 96 cents per share, surpassing the analyst consensus estimate of 48 cents …
As of February 5th, here are three stocks exemplifying buy rank and robust momentum characteristics that savvy investors should carefully contemplate: Modine Manufacturing Company (MOD): With a stellar Zacks Rank #1, this company specializing in vehicular heat transfer solutions has observed the Zacks Consensus Estimate …