Stock Research

Sunnova share price could more than double from here: Morgan Stanley

Sunnova Energy International Inc (NYSE: NOVA) may remain volatile in the near term but has the potential to make its shareholders a happy lot over the next twelve months, as per a Morgan Stanley analyst. Sunnova share price could climb to $35 Andrew Percoco assumed coverage of the energy company today with an “overweight” rating.… Continue reading Sunnova share price could more than double from here: Morgan Stanley

LPL Financial’s Krosby shares his view on OPEC+ production cut

Oil is trading comfortably above $80 a barrel today after OPEC+ made a surprise announcement that it will cut production from next month. Krosby’s remarks on today’s development On Sunday, the Organisation of the Petroleum Exporting Countries said it will lower output by 1.16 million barrels a day for the rest of this year. That’s… Continue reading LPL Financial’s Krosby shares his view on OPEC+ production cut

WWE UFC merger: ‘this is good for Endeavor shareholders’

World Wrestling Entertainment Inc (NYSE: WWE) is in focus this morning after Endeavour Group Holdings Inc (NYSE: EDR) said it will buy the integrated media company for about $9.3 billion. Pro reacts to the announced acquisition The UFC owner has agreed to pay $106 a share for the said acquisition – a more than 20%… Continue reading WWE UFC merger: ‘this is good for Endeavor shareholders’

Tesla shares down despite record Q1 deliveries

Shares of Tesla Inc (NASDAQ: TSLA) are trading down this morning even though the electric vehicles manufacturer reported record deliveries for its fiscal first quarter. Production beats deliveries again The Nasdaq-listed firm delivered 422,875 vehicles in its recent quarter – up 4.0% sequentially and beating the year-ago figure by a whopping 112,827 units, as per… Continue reading Tesla shares down despite record Q1 deliveries

DWAC, Rumble stocks jump ahead of Trump’s court appearance

DWAC and Rumble (NASDAQ: RUM) stock prices have jumped in the past few days as investors brace for more engagements ahead and after Trump’s indictment. Digital World Acquisitions, popularly known as Trump SPAC, rose by 7.58% on Friday and by 2.35% in premarket trading. Similarly, Rumble stock rose by ~7.12%. The biggest US news story… Continue reading DWAC, Rumble stocks jump ahead of Trump’s court appearance

BP, Shell, Harbour, Tullow shares jump as crude oil prices rebound

Energy stocks were the best-performing stocks in London as investors cheered the latest crude oil news. Harbour Energy, Ithaca Energy, Tullow Oil, and Energean were the best-performing stocks in the mid-cap FTSE 250 index. Similarly, Shell (LON: SHEL) and BP (LON: BP) rose by more than 4%, making them the best FTSE 100 performers. BP,… Continue reading BP, Shell, Harbour, Tullow shares jump as crude oil prices rebound

Why has the FTSE 100 index done so well, as UK economy teeters with recession?

2022 was a year from hell for stock market investors.  Risk assets returned their worst year since the great financial crash of 2008, as inflation spiralled aggressively and forced central banks into the fastest interest rate hiking cycle in recent memory.  And while 2023 has brought some respite, as the market moves to the expectation… Continue reading Why has the FTSE 100 index done so well, as UK economy teeters with recession?

Ares Capital stock: How safe is ARCC’s 10.5% dividend yield?

Ares Capital (NASDAQ: ARCC) stock price has recovered modestly from its lowest point in March. The stock ended the month at $18.28, ~7.4% above the lowest point in 2023. In all, ARCC has generated weak returns in the past few months after dropping by 20% from its highest point in 2022. It has still risen… Continue reading Ares Capital stock: How safe is ARCC’s 10.5% dividend yield?