First Solar Inc. Gains Momentum Amidst Expansion News, But Should You Buy, Sell or Hold?
For years, efforts here on the homefront have been to increase US manufacturing - preventing money from going overseas. The latest in cutting back on imports comes from President Biden’s push to accelerate domestic manufacturing through legislation. The inflation reduction act (IRA) became law on August 16, 2022 and sets aside about $30 billion in tax credits for businesses for [...]
Despite Help from Amazon, Rivian Stock Struggles – 3 Reasons it’s NOT rated a Buy
Usually, news of a partnership with Amazon would bode well for a company’s stock. However, that hasn’t been the case for Rivian - one of the most anticipated EVs since Tesla. This automaker just went public in the last year - and while the stock hit the market at a high of $172 in November of 2021, it’s fallen [...]
EA Stock Surges Amid Amazon Acquisition Rumors – 1 Reason Our System Rates it a Hold Still
It seems Amazon is on a mission to gain a grasp on any industry possible. So, when rumors circulated that Amazon was looking to acquire EA sports, it made sense. With EA Sports being regarded as one of the largest video game companies in the world as it stands right now, this purchase would have taken them to the [...]
Peloton Stock Soars With Amazon Sales Channel…Then Plummets as Q4 Earnings Miss. Here’s Why VectorVest Still Rates it a HOLD
Those looking to buy Peloton equipment and fitness gear or access to thousands of on-demand fitness classes will be excited to hear that it just got a whole lot easier. Now - the company’s offerings are available through Amazon. The fitness company struck a partnership with the e-commerce platform to grow its customer base, make their products more accessible, [...]
Does Salesforce’s First Buyback Program Mean Investors Should Get in Now? Not so Fast…
Salesforce (CRM) board of directors has recently approved a $10 billion stock buyback program - the first in the software firm's history. This news comes on the heels of a good quarter for earnings and revenue. And yet, the company’s executives are skeptical about the future - and have trimmed back their 2023 fiscal projections. This led to a [...]
Zoom is Down 78% as the Pandemic Fades…Buy, Sell or Hold?
While the pandemic put many companies out of business, others found an opportunity to thrive. One such company is Zoom. The video teleconferencing company became the primary way for companies to meet (besides Google Meet) over the past 2 years. Zoom’s stock price reached a high of $559 in October of 2020 at the height of the pandemic - but, [...]
