Canoo Stock Could Make Gains of 500%+ Electric vehicle (EV) maker Canoo Inc (NASDAQ:GOEV) has finally given its long-suffering shareholders something to cheer about. The company recently announced a deal to provide Walmart Inc (NYSE:WMT) with thousands of delivery vans. “Canoo is now in a position to issue guidance at a time when many others in the industry are reducing targets…
Sometimes no news is good news, or maybe weary investors are actually rewarding tech stocks that have strong fundamentals. That seems to be the case with Nortech Systems Incorporated (NASDAQ:NSYS). The company hasn’t reported any news of consequence since May 10, when it announced outstanding first-quarter results. The report included double-digit revenue growth, a swing to profitability, and positive adjusted…
High Energy Prices Good for Lucid Group Inc The price of gasoline and diesel continuing to hover near record highs could provide a much-needed catalyst for battered electric vehicle (EV) stocks. When reviewing the prospects of EV stocks, the key is analyzing long-term fundamentals and ignoring short-term factors. The reality is that the. That’s why the legacy automakers have been…
These seven best green penny stocks have the potential to generate superlative returns, but perhaps at a higher risk. Green stocks have been in demand lately. This is because of the need to reduce carbon emissions to curb climate change and follow environmentally friendly practices. Investment in clean technology have been trending upward as governments and societies are becoming aware…
Are These The Best Beverage Stocks To Buy Now? An increasing number of analysts in the stock market have been predicting that a recession would happen sometime this year or next. For this reason, it is no surprise that many investors are cautious about their investments. Hence, it’s natural that we would look for companies with resilient earnings and revenue…
Although electric vehicle (EV) stocks have seen better days, it is undeniable that there is a global push toward the adoption of EVs. Automakers from all over the world are electrifying their offerings, and governments are granting a slew of incentives. Are these stocks worth adding to your watchlist? For EVs to truly take off into the mainstream, there needs…