Oversold shares of Tesla (TSLA) are just starting to pivot higher. For one, the electric vehicle stock just caught strong support, and is starting to push higher from over-extensions on relative strength (RSI), MACD and Williams’ %R. Moving forward, we believe TSLA...
With a yield of about 4.7%, Simon Property Group is a real estate investment trust that invests in premier shopping, dining, entertainment and mixed-use destinations across North America, Europe and Asia. In addition, its newest dividend of $2.10 (which is...
Warren Buffett’s Berkshire Hathaway just bought more shares of Occidental Petroleum (OXY). In fact, after OXY pulled back about 30% from its high, the firm picked up another 763,017 shares for just over $35.7 million. That follows the firm’s 8.9 million share purchase...
Keep an eye on General Motors (GM). Over the last few weeks, the auto stock gapped from about $64 to $46.57 on tariff concerns. However, the drop appears to be a severe overreaction. Plus, as noted by Seeking Alpha, “shares of General Motors just trade at an...
by Ian Cooper Tax time is almost here again. Every one’s “most favorite” time of the year when we get to hand over even more of our hard-earned earnings to the government. With far too many of us unwilling to do our own taxes, we leave it up to trusted tax...
On May 14, 2024, we first highlighted SoundHound AI (SOUN) as a buy opportunity as it traded at about $5.40. Today, it’s up to $15.60 and is still a solid buy opportunity thanks to the explosive growth of artificial intelligence. In fact, according to Grand View...
Keep an eye on beaten-down, oversold shares of JetBlue (JBLU). For one, Director Mittal Nik just bought 100,000 shares of the company’s stock. This transaction, valued at $613,550, highlights his confidence in the airline’s future. Two, after gapping from about...
With a yield of about 4.7%, Simon Property Group is a real estate investment trust that invests in premier shopping, dining, entertainment and mixed-use destinations across North America, Europe and Asia. In addition, its newest dividend of $2.10 (which is...
Keep an eye on beaten-down shares of Enphase Energy (ENPH). After finding double bottom support at around $60, the solar stock is again showing signs of life. From its current pried of $66.25, we’d like to see ENPH retest $75 initially. Helping, analysts at Canaccord...
Keep an eye on Nvidia (NVDA). After dropping from about $145 to $116.16, the tech giant has become oversold at support dating back to October. It’s also over-extended on RSI, MACD and Williams’ %R. Helping, Bank of America analysts reiterated a buy on the NVDA...