Here Is Why Bargain Hunters Would Love Fast-paced Mover Magna (MGA)

Momentum investing is essentially an exception to the idea of “buying low and selling high.” Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that “buying high and selling higher” is the way to make far more money in… Continue reading Here Is Why Bargain Hunters Would Love Fast-paced Mover Magna (MGA)

5 Low Price-to-Book Stocks Worth Buying in July

When evaluating a company’s value, investors mostly look at a stock’s price-to-earnings (P/E) or price-to-Sales (P/S) ratio. While P/E is the ratio of annual earnings to stock price, P/S reflects the amount investors pay for each dollar of revenues generated by the company. Though P/E and P/S valuation tools are more commonly used for stock… Continue reading 5 Low Price-to-Book Stocks Worth Buying in July

Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

SHANGHAI (Reuters) – Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The move, coming as sales of Audi’s EV products fall sharply behind those of Tesla and domestic… Continue reading Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

Is Trending Stock NIO Inc. (NIO) a Buy Now?

NIO Inc. (NIO) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this company have returned +21.6% over the past month versus the Zacks S&P 500 composite’s +3.3% change. The… Continue reading Is Trending Stock NIO Inc. (NIO) a Buy Now?

NIO Inc. Announces Closing of Strategic Equity Investment from CYVN

SHANGHAI, China, July 12, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has closed the US$738.5 million strategic equity investment from CYVN Investments RSC Ltd, an affiliate of CYVN Holdings… Continue reading NIO Inc. Announces Closing of Strategic Equity Investment from CYVN

Is Lear (LEA) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value… Continue reading Is Lear (LEA) Stock Undervalued Right Now?

Monday.com and Macy’s have been highlighted as Zacks Bull and Bear of the Day

For Immediate Release Chicago, IL – July 11, 2023 – Zacks Equity Research shares Monday.com MNDY as the Bull of the Day and Macy’s M as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Aptiv APTV, Newmont NEM and Advanced Micro Devices AMD. Here is a synopsis of all five… Continue reading Monday.com and Macy’s have been highlighted as Zacks Bull and Bear of the Day

3 Large-Cap Stocks Seeing Recent Upgrades

Large-cap stocks are a staple in almost every portfolio. They are well-established, have more analyst coverage, and frequently pay dividends, all undeniably significant benefits that make them so popular among investors. And recently, three large-cap stocks – Aptiv APTV, Newmont NEM, and Advanced Micro Devices AMD – have all seen favorable upgrades from analysts. Let’s… Continue reading 3 Large-Cap Stocks Seeing Recent Upgrades

EV Penny Stocks List: From $10 to Under $1

In this article, we will take a look at the EV penny stocks list from $10 to under $1. To see more such companies, go directly to Top 5 EV Penny Stocks Under $1. The EV market remains on investors’ radar amid continuous innovation and rising demand all over the world. Despite the fact that… Continue reading EV Penny Stocks List: From $10 to Under $1

EV Roundup: NKLA Gets $41.9M Fund, BLNK Partners With AAA & More

Last week, Tesla TSLA announced second-quarter 2023 delivery numbers. The record-breaking numbers were driven by the Model 3 and Model Y, which accounted for approximately 96% of the total deliveries this quarter. The deliveries exceeded expectations, reflecting on TSLA’s leadership position in the electric vehicle (EV) market as the company continues to expand its production… Continue reading EV Roundup: NKLA Gets $41.9M Fund, BLNK Partners With AAA & More