Yet another year has gone by where Tesla has absolutely crushed the market. Despite each year starting out with naysayers predicting doom for Musk’s car manufacturer, the performance again has been market-beating.
In fact, Tesla has outperformed the general stock market by about 6x this year, a jaw-dropping result considering all the bearish prognostications at the start of the year following a dismal 2022.
“Tesla is nothing more than a car company.” That’s the line skeptics used to repeat when trying to downplay the firm’s valuation.
“How could a car company be worth nearly a trillion dollars? And why would a single car manufacturer be valued at almost as much as the sum total of all other car makers combined?”
» Read more about: Spotlight: Why Tesla Crushes Competitors »
Sometimes a deal just falls in your lap and that might well be the case now with Match Group. The online dating giant houses many, perhaps even most, of the dating apps you have heard of, from Tinder to Hinge.
Sadly for shareholders, the stock has had a downright awful year, plunging 26% year-to-date after a poorly received earnings report a few days ago.
» Read more about: Spotlight: 1 Stock To Get Hot and Bothered By »
Palantir Technologies (PLTR) has been in business for 20 years but it’s only recently that it’s accomplished one of its most impressive feats to-date, tripling the number of users of its artificial intelligence platform in a single quarter.
That spike in demand translated to a spectacular Q3 that blew away Wall Street’s expectations.
» Read more about: Palantir Soared 20.5% But Is It Just The Start? »
Few names are as prominent in real estate as D.R. Horton (NYSE:DHI) but when you couple a top homebuilder with the investing legend Warren Buffett taking a position in it, you’ve got an investment opportunity that demands further scrutiny.
With rising mortgage rates and waning home sales, buying a homebuilder seems an unusual play,
» Read more about: Spotlight: Buffett Buys Real Estate Colossus »
Did you know that every 24 hours, Planet Labs captures imagery of every corner of the Earth? This trove of data is so extensive that it helped track a rogue Chinese spy balloon all the way back to its point of origin.
Similar to a search engine, Planet Labs aims to organize massive amounts of Earth-related data.
» Read more about: Spotlight: The Next Bloomberg Terminal? »
Wall Street analysts seem pretty gung-ho about Realty Income, pegging an average price target at $68 per share, a significant pop from where the stock sits now. That’s in addition to a dividend yield north of 6%.
Is Wall Street right or is the recent selloff indicative of what’s to come for Realty Income?
» Read more about: Spotlight: 1 High-paying Dividend Stock Is Way Undervalued »
Did you know that man would never have landed on the moon without a company that flies under the radar, called Analog Devices. Its data converters were used in the Apollo Lunar Lander, and today they play a role in everything from smartphones to autonomous vehicles.
DigitalOcean is no ordinary cloud computing firm as you’ll see but it is down by 30% over the past 6 months, and yet appears to have significant upside potential from here.
If you’re not familiar with it, the company is like AWS or Google Cloud, but for small to medium-sized businesses (SMBs). Developers like it because of its…
It’s impossible to discuss Moderna without mentioning its COVID-19 vaccine, which propelled the stock to record highs in 2021 approaching $500 per share. However, slower sales caused the stock to plunge by almost 80%.
Second-quarter reports in 2023 show a net loss of $1.38 billion, a stark contrast to the net income of $5.4 billion in Q4 2021.
» Read more about: Spotlight: Time To Buy Vaccine Manufacturer Before Winter? »