Tesla (TSLA) shares have been on a recent run given its latest earnings report, but one play that is benefitting Denmark-based hedge fund, Asgard Credit Fund, is shorting its bonds. Given the fund returned ...
As ETF investing constantly climbs the popularity charts, we highlight a few good ETF areas that investors can bank on for 2020.
Investors should take a look at clean energy sector exchange traded funds as renewable energy technologies experience rapid growth and greater adoption across the world. Among the best performing non-leveraged ...
Hate it or love it, the polarizing Tesla Cybertruck already has almost 200,000 orders according to Tesla CEO Elon Musk. The unveiling of the Cybertruck drew heavy skepticism from Wall Street as analysts ...
Tesla has been leading the Nasdaq to fresh highs, as the stock has soared nearly 18% on Tuesday. Meanwhile, Elon Musk added $4.5 billion to his wealth overnight, as Tesla’s share price continues to surge. Tesla's CEO has added more than $17 billion to his net worth just this year, including Monday night’s gain, which is more than any other billionaire in the world.
Most democrat candidates including Michael Bloomberg are intending to turn America into a clean energy economy, putting these ETFs in focus.
In what was one of the more incredulous product launches to date, Tesla debuted its $39,900 Cybertruck pickup this week. After explaining some technical specifications and smacking the truck's door with a sledge hammer, company Chief Executive Officer, Elon Musk, asked an onstage companion (Tesla's lead designer, Franz von Holzhausen) to assist in demonstrating the strength of the Tesla "Armor Glass" by throwing a solid metal, baseball-sized ball at the driver side window.
We take a closer look at some ETF stories that have flown under the radar.
The 10 biggest ETFs with a hefty tilt toward Tesla (NasdaqGS: TSLA) surged on Tuesday as the electric carmaker rallied yet again after experiencing its biggest one-day gain in six years on Monday. Leading ...
Electric car company Tesla was taken off the Consumer Reports reliability survey in 2018, but improved reports from Tesla Model 3 and Model S owners have brought them back to recommendation status. As such, ETF investors may want to watch for funds with heavy weightings of Tesla. All in all, Tesla climbed four spots in the latest iteration of the Consumer Reports Reliability Survey, which is based on reviews from owners of more than 400,000 vehicles.
ETFs with big allocations to electric-car company Tesla were higher Friday, as it looks set to break an all-time record.
As the momentum behind climate change movement grows, investors may be beginning to trim holdings of more polluting energy sectors in favor of socially responsible investments and ETF strategies. CNBC’s Jim Cramer recently compared oil and other fossil fuel stocks to the sigma attached to investing in tobacco companies, arguing they are in the “death knell phase”, CNBC reports.
“The short squeeze” is a term heard in financial trading where shorting a particular stock turns against the trader. Well, traders shorting Tesla were placed in a boa constrictor-like squeeze after the ...
Energy exchange-traded funds (ETFs) invest primarily in stocks of natural gas, oil, and alternative energy companies. The securities within an energy ETF's portfolio may include major energy companies such as NextEra Energy Inc.
The weak deliveries data has put the spotlight on ETFs having substantial allocation to this luxury carmaker.
Morgan Stanley outlined four outcomes of the 2020 election and its strategies for investors on how to make the most of them.
Tesla is rocketing higher once again, up more than 8% on Wednesday to $930 per share, as stocks roar back from the post-holiday sell-off. Like recently, the fuel for the electric automaker’s stock is a big call from Piper Sandler, which raised Tesla’s price target to $928 per share, the highest on Wall Street, according to FactSet. Ironically, Tesla blew through that annual forecast in a single day on Wednesday with its surge. One analyst believes that the Federal Reserve is helping Tesla to reach such lofty heights by cutting rates in 2019 and injecting liquidity into repo markets.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Don't be fooled by the sudden jump in the price of oil or its impact on the broader markets. If long-term investors want more green in their portfolio, they ought to look at these three up-and-coming clean energy stocks.It's been a disappointing week for growth investors, who have been holding their breath for a key, market-based follow-through day (FTD) to emerge. And following a resoundingly terrible jobs report, an FTD is yet to emerge, with major indices modestly in the red and a recent rally off lows looking more and more like a dead cat bounce than a meaningful bottom.Yet despite current volatility, the price of oil and select energy stocks has many on Wall Street gushing with fresh optimism.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFollowing a move by China to restock its strategic petroleum reserve and President Trump asserting Russia and Saudi Arabia could soon end their oil supply war, the price of oil is sweeping higher off multi-decade lows for a second straight session. In its wake, many badly-beaten oil and gas stocks have caught a temporary lifeline and surged higher including large caps Chevron (NYSE:CVX) and ExxonMobil (NYSE:XOM). Thank god, right?Bottom-line, bullish price action in CVX stock, XOM and other well-capitalized companies could prove important to more than just those companies' shareholders. Continued strength in these industry titans could help with a broader technical recovery. * 7 Telecom Stocks That Are Worth a Close Look Still, for investors' with their eye on the future and more sustainable growth off and on the price chart, these stocks should be on the radar. Energy Stocks to Buy: Ballard Power Systems (BLDP) Source: Charts by TradingViewBallard Power Systems (NASDAQ:BLDP) is the first of our energy stocks to purchase. The $1.8 billion small-cap has been around for decades, even lurking around the darker alleys of Wall Street in days gone by. But the proton-based fuel cell play has turned the corner over the past year.Sales have been growing at Ballard Power, with the latest quarterly results delivering top-line sequential increase of 47% on revenues of $41.9 million. At the same time, year-over-year gains of 10% suggest Ballard's technologies are finally coming of age within the energy markets. And while it's not all rainbows and sunshine for BLDP stock just yet, forward-looking investors have shown a healthy interest over the past year.Currently, this energy stock has corrected to challenging a key support zone backed by multiple Fibonacci levels and prior intermediate highs. Our view is BLDP is a name to pick up on weakness, once a healthier market climate is confirmed with a follow-through day. Enphase Energy (ENPH) Source: Charts by TradingViewThe next of our energy stocks to buy is Enphase Energy (NASDAQ:ENPH). Prior to the COVID-19 pandemic, shares of this $3.5 billion solar mid-cap were on fire with growth investors. And for good reason too, as ENPH stock sports superior earnings and sales trends, and profitability besides.Technically, the correction-turned bear market has allowed shares of Enphase to pull back squarely to the intersection of growth and value on the price chart. I discussed as much in mid-March here on InvestorPlace. And that approval bears repeating given ENPH stock's ability to hold this area and integrity of its momentum-based uptrend. * 7 Telecom Stocks That Are Worth a Close Look Net net, if we're graced with a market-based FTD signal, this is another leading energy stock to pick up at advantageous prices. First Trust Clean Energy ETF (QCLN) Source: Charts by TradingViewThe last of our energy stocks to buy is the First Trust Clean Energy ETF (NASDAQ:QCLN). For investors that might otherwise shy away from buying individual growth companies, or who simply like the idea of diversifying within this area under one umbrella product, QCLN is an interesting play.Among this ETF's top holdings are Tesla (NASDAQ:TSLA), Brookfield Renewable Partners (NYSE:BEP), Albemarle Corp (NYSE:ALB), Hexcel (NYSE:HXL) and SolarEdge Technologies (NASDAQ:SEDG). That's a mix spanning the myriad possibilities of a greener future of renewable energy. It also smartly offers investors pure-play growth and more value-driven established companies.Technically and at its recent lows, the ETF's coronavirus-driven correction has put together an 'undercut' double-bottom pattern. The price action is made more compelling as the ETF has recently tested longer-term uptrend support and a 62% retracement level tied to its 2012 low.Bottom line, should a low become a more meaningful bottom in the broader market, QCLN is a great spot to park some money in energy stocks. And depending on investors' risk-tolerance, it may be okay for a test drive today as well.Disclosure: Investment accounts under Christopher Tyler's management own positions in First Trust Clean Energy ETF (QCLN), but no other securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * This Stock Picker's Latest Video Just Went Viral * The 1 Stock All Retirees Must Own The post Bet On a Greener Future With These 3 Energy Stocks appeared first on InvestorPlace.
Tesla Motors spread optimism among investors after reporting a surprise profit in the third quarter of 2019.