Because the pace of COVID-19 vaccinations has been better than expected in the United States, increasing numbers of people are spending less time at home. As a result, a dependence on companies that provide remote services is gradually reducing. This, coupled with rising Treasury yields, is causing a pullback by these stocks. As this trend is expected to continue, we think it could be wise to now avoid stay-at-home stocks Zoom Video Communications (ZM), Teladoc Health (TDOC), Fastly (FSLY), and Peloton Interactive (PTON). Let’s take a closer look at these names. Apr 13, 2021| 2:50pm
The electric vehicle (EV) industry has been red-hot since last year. This has caused an influx of several new players in the EV space whose stocks, driven solely by investors optimism, have gained as much as the established players. But, in the absence of adequate fundamentals, the prospects of many of these companies look uncertain. This, coupled with a global semiconductor shortage and investors’ rotation away from expensive stocks to quality bargains, does not bode well for the industry. Hence, we think fundamentally weak stocks Kandi Technologies Group (KNDI), Beam Global (BEEM), and Ayro (AYRO) are best avoided this month. Let’s take a closer look at these names. Apr 6, 2021| 1:02pm
As the global oil market heats up, investors are rushing to capitalize on the trend and are looking for potential outperformers. But despite this scramble, fundamentally sound industry player Star Group, L.P. (SGU) has yet to attract significant investor attention and is still trading at a discount to its peers. So, let’s take a closer look at the company. Apr 6, 2021| 10:26am
Cyclical stocks, which have a strong correlation with economic cycles—boom and downturn—are expected to perform well in the coming months as the economy recovers. However, since an investor rotation into these stocks started earlier this year, many of them don’t now have significant room left to run. We think McDonald's (MCD), Costco Wholesale (COST), and Sysco (SYY) are among those names that do still have plenty of upside. So, let’s evaluate these companies. Apr 5, 2021| 1:35pm
Market maker and liquidity services provider Virtu Financial (VIRT), which typically benefits from market volatility, has performed quite well since the onset of the COVID-19 pandemic due to heightened volatility it injected into the financial markets. But now, with the economy recovering at a fast pace, overall market volatility is on the decline. This, coupled with a volatile U.S. dollar, has raised some uncertainty regarding the company's near-term growth prospects. Read on for more details. Apr 5, 2021| 11:43am
With the dawn of electro-mobility and resulting increase in EV production, the market for EV batteries has been growing quickly over the past few years. In tandem with this growth, the demand for nickel-containing lithium-ion batteries is climbing. Consequently, nickel prices are now hovering around multi-year highs. Hence, we think nickel producers BHP Group (BHP) and Vale S.A. (VALE) could deliver solid upside. Let’s discuss. Apr 1, 2021| 2:47pm
Manufacturing industries are generally regaining momentum with the reopening of the global economy thanks to mass vaccine deployment. Manufacturers are now prioritizing the upgrade of their digital capabilities and building resilient supply chains to limit the chances of “black swan” disruptions in the future. We think manufacturing-intensive companies, The Timken Company (TKR), Hillenbrand (HI), and Mueller (MLI), are well positioned to capitalize on a fast-paced economic recovery. So, let’s review these companies. Apr 1, 2021| 11:22am
The Chinese electric vehicle (EV) industry saw a rocketing rally last year. But the absence of requisite financial strength and product pipelines are lately causing a pullback by many of these stocks. NIO Limited (NIO) and XPeng Inc. (XPEV) are two of the worst performing stocks in this space so far this year. And, given the weakness in their financials, we think they are best avoided now. Mar 31, 2021| 1:45pm
Notwithstanding a global pandemic and resulting economic downturn, the semiconductor industry has remained resilient, closing 2020 with growth similar to pre-pandemic levels. The industry is currently witnessing a demand-supply imbalance that has reached a near crisis point and is likely to persist. This has led to rising prices and tightening of capacity utilization. We think Broadcom (AVGO), United Microelectronics (UMC), and Cirrus Logic (CRUS) are well positioned to capitalize on the supply constraints in the coming months. Read on. Mar 31, 2021| 11:23am
The electric vehicle (EV) industry is witnessing a market correction because investors are concerned about the high valuations of prominent players in the sector. Also, rising Treasury yields are providing investors with attractive investment alternatives. Hence, we think overvalued EV companies Tesla (TSLA) and Fisker (FSR) are best avoided now. Mar 30, 2021| 12:53pm