About Andrew Hecht
Andrew Hecht is a sought-after commodity and futures trader, an options expert and analyst. He is a top ranked author on Seeking Alpha in various categories. Andy spent nearly 35 years on Wall Street, including two decades on the trading desk of Phillip Brothers, which became Salomon Brothers and ultimately part of Citigroup. Over the past decades, he has researched, structured and executed some of the largest trades ever made, involving massive quantities of precious metals and bulk commodities. Aside from contributing to a variety of sites, Andy is the Editor-in-Chief at Option Hotline.
Recent Articles By Andrew Hecht
A Third Vaccine Dose or Boosters Could Turbocharge Pfizer Shares
Pfizer’s (PFE) vaccine offers a high effective rate against COVID-19 but it requires two shots. The COVID-19 experience could increase the pace of scientific breakthroughs in fighting diseases and viruses. It is not clear if or how long before the company tells us we need a booster or another vaccine to protect against the virus. But the requirement of boosters and annual immunizations could boost the profits of Pfizer and other drug companies. PFE shares are currently inexpensive compared to the broader market. I believe that at $36 per share, PFE is a growth stock and that its 4.3% dividend is a bonus that makes the stock hard to resist. Let’s take a closer look at the name.
A Profitable Pot Stock to Buy on the Dip
Marijuana legalization at the federal level could be months away. Among the sector, Cresco Labs (CRLBF) is lesser-known but is one of the few that is actually profitable. Read more to find why investors should consider adding it to their portfolios.
Rising Chip Prices Driving Micron Technology Higher
Due to high demand and some disruptions from the coronavirus, the world is facing a supply crunch when it comes to semiconductors. Read more to find out which company will be a big beneficiary.
Refining Makes A Big Comeback
Last year, oil prices were down and oil refining stocks were struggling. But this year, things have changed. Demand has started to emerge again and inventory data has been bullish. Is it time to invest in stocks like Valero Energy Corporation (VLO) and Marathon Petroleum Corporation (MPC)? Read more to find out.
A Correction Leaves Room for Growth in Gold Mining Stocks
Gold has been trending down since its all-time high in August. While some many investors are avoiding the yellow medal, they may be missing out on a great time to buy. Read more to learn why Andrew Hecht believes gold investments such as the VanEck Vectors Gold Miners ETF (GDX) may start rising in the months ahead.
Is It Time To Buy NIO?
NIO (NIO) is an intriguing Chinese EV stock with considerable upside. As TSLA stumbles, NIO is poised to continue taking market share and expanding into new markets.
As the NASDAQ Retreats, Is this the Beginning of a Tech Wreck?
After a banner year, tech stocks have been out of favor as of late. Due to sector rotation and political risks, March has not been kind to the technology sector. Is this the beginning of long-term drop in tech shares? Read more to find out.
ERX and ERY are Turbocharged Trading Tools for The Oil Sector
While energy stocks suffered declines this time last year, 2021 has been different. The Biden administration's energy policy has led a sector rotation into energy stocks due to higher oil prices. The Direxion Daily Energy Bull 2X Shares (ERX) and its bearish counterpart (ERY) are two ETFs that turbocharge returns for short-term investors.
Draft Kings vs. Penn National Gaming- Which Growth Stock Offers More Upside?
Online gambling was already growing, but the pandemic supercharged that growth. Companies like Draft Kings’ (DKNG) and Penn National (PENN) are benefiting from an increased interest in gambling and local governments are benefiting from the tax revenue. But which stock is a better buy? Read more to find out.