Stock Research

Aston Martin share price has formed a rare bullish pattern

Aston Martin (LON: AML) share price has pulled back in the past few days after going through a short squeeze earlier this month. The stock was trading at 220p on Thursday, ~26% below the highest level this year. Short-squeeze fades Aston Martin, the iconic British hypercar manufacturing company, is implementing a turnaround strategy after years… Continue reading Aston Martin share price has formed a rare bullish pattern

Ocado share price is rebounding: Is it safe to buy the rally?

Ocado (LON: OCDO) share price made a comeback this week after the company published a strong trading statement. The stock jumped to 529p on Thursday, the highest point since March 3 of this year. It has jumped by ~30% from the lowest level this year. Ocado Retail strong results The top retail news of the… Continue reading Ocado share price is rebounding: Is it safe to buy the rally?

Pro reveals healthcare stocks that are worth buying right now

“XLV” – the Health Care Select Sector SPDR Fund has been a disappointment for investors since the start of the year but a portfolio manager says it’ll likely be a different story moving forward. Funtleyder is particularly bullish on med tech Les Funtleyder of E Squared Capital Management is not really concerned about the recent… Continue reading Pro reveals healthcare stocks that are worth buying right now

Canoo stock news: the EV startup narrowed its revenue in Q4

Canoo Inc (NASDAQ: GOEV) is trading slightly down in extended hours even though it reported to have narrowed its loss in the fiscal fourth quarter. Canoo stock down on no revenue for the quarter The electric vehicles startup lost $80.2 million in its recently concluded quarter that translates to 25 cents per share. In comparison,… Continue reading Canoo stock news: the EV startup narrowed its revenue in Q4

Walmart shares should be worth $160: Evercore ISI

Walmart Inc (NYSE: WMT) still trading near the same price at which it started the year is an opportunity to build a position in a high-quality retail stock, says Greg Melich of Evercore ISI. Walmart shares to benefit from normalising inventory Melich upgraded the chain of hypermarkets to “outperform” this morning and said the stock… Continue reading Walmart shares should be worth $160: Evercore ISI

Will there be a recession? Forecasts shift as banking turmoil subsides but inflation rages on

Yesterday, I wrote a piece about the power of long-term investing in the stock market.  In the hypothetical case whereby somebody was the unluckiest possible person, and by that I mean they started investing right at the stock market peak on December 29th 2021, I tracked how their portfolio would have done.  If they had… Continue reading Will there be a recession? Forecasts shift as banking turmoil subsides but inflation rages on

Charles Schwab receives a rare downgrade as outflows rise

Charles Schwab (NYSE: SCHW), the well-known broker and bank, received a rare downgrade by a Morgan Stanley analyst as concerns about its outflows continued.  In a note, Michael Cyprys, warned that the company’s clients were withdrawing money from its low-interest accounts at a faster pace than expected. As a result, he slashed his rating for… Continue reading Charles Schwab receives a rare downgrade as outflows rise

Riot Blockchain, Marathon Digital stocks roar as Bitcoin price soars

Crypto mining stocks roared back as cryptocurrencies continued their comeback. Riot Blockchain (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) jumped by ~13% and ~10%, respectively on Wednesday.  Bitcoin price targets $30,000 The crypto industry has had a mixed week. On the one hand, Bitcoin and other altcoins have made a strong comeback. Bitcoin is now… Continue reading Riot Blockchain, Marathon Digital stocks roar as Bitcoin price soars