Super Micro Computer Here we go again. Super Micro Computer (SMCI)’s shares are preparing for a breakthrough $1,100 on their way to our initial target of $1,250. The stock just experienced a 30% pullback from its recent highs, as traders took profits from a massive 80% rally. Consider this: That 80% rally occurred over an […]
Tesla Inc
Three Stocks: Super Micro Computer, AMD, and Tesla
Super Micro Computer Here we go! After a short spate of selling, shares of Super Micro Computer (SMCI) are on the run again after JPMorgan initiated coverage on the shares with an “Overweight” recommendation. The addition of JPMorgan to the Wall Street Analyst coverage of the stock represents the “Discovery” that I talk about in […]
10 Analysts Calling for a "Buy," 10 Analysts Wrong
Analysts still seem to love Tesla (TSLA)… But there’ll be a rude awakening for the investors following them. The stock’s trading for $175 per share today, while the average price target after 12 months is $207. According to CJ, though, that’s dead wrong. Problem after problem has left Elon’s most prized possession with long-term wounds […]
Three Stocks: Tesla, Alphabet, and Super Micro Computer
Tesla The Biden Administration can’t make up its mind… Just one month ago to the day (February 18), we saw headlines that the Biden Administration was considering delaying the switch to electric vehicles. The move was partially seen as political to allay fears the Detroit automakers and the unions were having. A month later, and […]
Three Stocks: MindMed, Tesla, and Dollar Tree
Mind Medicine What a ride it has been for Mind Medicine (MNMD) investors. We saw the stock shoot through the sky last week on news that the FDA had granted “Breakthrough Therapy Designation” to one of the company’s trial treatments, but then shares dropped 30% from their highs. The pullback is considered healthy at this […]
Three Stocks: Tesla, Bitcoin, and Meta
Tesla Tesla (TSLA) shares are trading 2% higher today as the company announced that they are close to resuming production in Germany, after an electricity outage forced a plant’s closure. The stock is trying desperately to hold on to the $180 price. “Desperately” is the key word and today’s move should be taken with a […]
We’re Down to the "Fantastic Four" Now
I watched a good friend, Ryan Detrick, interview none other than Cathie Wood a few weeks ago. The interview was informative and fun to watch, but one comment caught my attention. It was when Cathie Wood referred to that group of stocks that we’ve all fallen in love with as the “Magnificent Seven.” Her adjustment […]
Three Stocks: Costco, Tesla, and Rivian
Costco Costco (COST) delivered their fourth quarter results after the close last night, and shares are trading 6% lower as a result. The stock was a perfect set-up for a “sell the news” move as shares have rallied 6% in the week ahead of the report. Looking back further, COST stock was up 60% over […]
2023 Profit Roadmap: Top Stocks to Buy (and Avoid) for the New Year
2023 will be a year of flexibility when it comes to your investing and trading strategy.If you hold onto a single rigid system of making money, it’s likely the market will flip next week and what you’re used to isn’t the reality anymore.
How Money Morning is setting up for 2023...
TSLA Stock Is Looking Better Now – Here’s What to Do
Unless you’ve been stuck on a mountaintop since October, you know Twitter has had Elon Musk’s undivided attention since he closed the $44 billion deal to buy it.
Watch Shah Gilani and Garrett Baldwin reveal whether or not they’re buying Tesla stock right now…