Tesla released its Q2 2020 earnings report last night, and analysts responded with a flood of price target increases for Tesla stock (NASDAQ:TSLA). We’re finally starting to see a significant number of analysts with price targets in excess of $1,000, although the company’s valuation still gives most analysts pause. The automaker reported $6 billion in revenue…
When Should You Buy Sogou Inc. (NYSE:SOGO)?
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Sogou Inc. (NYSE:SOGO), might not be a large cap stock, but it saw a significant share price rise of over 20% in the…
8 Dividend Aristocrat Stocks to Buy Now
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[Editor's note: "8 Dividend Aristocrat Stocks to Buy Now" was previously published in June 2020. It has since been updated to include the most relevant information available.]After the big shock in March, many investors are still looking for defensive stocks to buy now. Of course, in the most extreme example, you can elect to go…
Intel Slumps After Chip Production Process Delayed Again
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(Bloomberg) — Intel Corp. shares slumped after warning about another production delay, sparking concern the world’s largest chipmaker will fall further behind rivals in a crucial area it once dominated.The timing of a new 7-nanometer process “is shifting approximately six months relative to prior expectations,” the company said as it reported quarterly results on Thursday.…
Capricor Therapeutics (NASDAQ:CAPR) Is In A Good Position To Deliver On Growth Plans
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We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made…
Milestone Pharmaceuticals Announces $25 Million Private Placement
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MONTREAL and CHARLOTTE, N.C., July 23, 2020 /CNW/ — Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today announced that it has entered into a securities purchase agreement with affiliates of an existing shareholder, RTW Investments, LP, for a $25 million private placement. The private…
BlackBerry Announces Proposed Redemption of Existing Convertible Debentures and Issuance of New Convertible Debentures
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WATERLOO, Ontario, July 22, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that it has obtained consents from the beneficial owners of 88.39% of its outstanding 3.75% unsecured convertible debentures (TSX: BB.DB.V) (the “3.75% Debentures”) including Fairfax Financial Holdings Limited and certain of its affiliates (together, “Fairfax”), to give effect to an extraordinary resolution…
Atossa Stock at $8 a Share? This 5-Star Analyst Thinks It’s Possible
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Shares of Atossa Therapeutics (ATOS) have done what shares of most companies in the hunt for coronavirus solutions have done in 2020 – appreciate. Since the turn of the year, there has been 171% of upside for the Seattle-based biotech firm.Despite the impressive gains, the micro-cap still has a market cap of only $39 million.…
Is Nokia Stock a Buy Right Now? This Is What You Need to Know
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The days when Nokia (NOK) handsets were all the rage are now a bygone era. The former market leader sold its phone business to Microsoft in 2014, and although today the Finnish tech company remains a major multinational telecommunications player, since the “glory years,” shares have been in decline.However, following the coronavirus infected bloodbath, shares…
U.S. Army Corps poised to recommend approval of Alaska's Pebble Mine
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Electric Fuel Cell Vehicle Manufacturer Nikola's Offering Sends Stock Plunging
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Shares of Nikola Corporation (NASDAQ: NKLA) traded sharply lower Friday afternoon as the SEC released news of Nikola offering 23,890,000 common shares.The company's shares were already down almost 20% on the month before news of the offering hit. > "This prospectus relates to the issuance by us of up to an aggregate of up to…
Two Cheap Dividend Stocks Raising Dividends Last Week
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Welcome to another edition of my weekly review of dividend increases. I follow this process in order to monitor existing dividend holdings. It is helpful to see if my investments continue growing their dividends, and if my original investment thesis is working. I also find this process helpful, in order to identify companies for further research. WBA Riased…