First Solar (NASDAQ: FSLR) stock is surging. The solar power specialist’s share price ended the week up 40.1% from last Friday’s market close, according to data from S&P Global Market Intelligence. The price rose thanks to positive coverage from analysts and excitement about the company’s opportunities to capitalize on the artificial intelligence (AI) revolution. The […]
Tag: skyrocketed
Why Hydrogen Stocks Skyrocketed Higher This Week
Shares of hydrogen companies had an incredible week as investors dove back into higher-risk assets and some strange trading dynamics hit the market early in the week. On top of the strange trading, a $1.7 billion conditional loan guarantee is helping the industry. According to data provided by S&P Global Market Intelligence, shares of Plug […]
Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
Shares of Coca-Cola Consolidated (NASDAQ: COKE) — the largest bottler of products from The Coca-Cola Company as well as a bottler of other beverages — skyrocketed over $1,000 this morning after the company reported financial results for the first quarter of 2024 and announced a massive plan to repurchase shares. As of 10:20 a.m. ET […]
After Apple Stock Has Skyrocketed 527%, Why Does Warren Buffett Still Own It?
It’s not a surprise that most investors closely follow Warren Buffett. Based on his track record managing Berkshire Hathaway, he’s arguably the greatest capital allocator ever. The Oracle of Omaha has owned many stocks over the years, but none has moved the needle quite like Apple (NASDAQ: AAPL). Berkshire first purchased shares in the first […]
This Vanguard ETF Has Skyrocketed 40% in 12 Months. Is It a No-Brainer Buy Right Now?
Many investors might think exchange-traded funds (ETFs) are like the tortoise and the hare in Aesop’s fable about the race between these two unlikely competitors. In their view, ETFs can win the race over the long term by plodding along slowly but steadily. This stereotype might be true for some ETFs. However, there are exceptions. […]
Why Nikola, Solid Power, and Blink Charging Skyrocketed This Week
Shares of EV and hydrogen vehicle stocks jumped this week as investors took a risk-on approach to the market and a government official gave some potentially positive news to the industry. But the bounce may not last if there aren’t fundamental improvements in the financial performance of these stocks. According to data provided by S&P […]
These 2 Magnificent Stocks Have Skyrocketed in the Past. Is It Time to Buy Them Now With $100 and Hold Through 2024 (and Beyond)?
When you think about magnificent stocks, I’m sure the “Magnificent Seven” tech-focused and innovative enterprises come to mind. Their returns in the past decade have certainly been spectacular. But there are two lesser-known and definitely more boring companies that have also trounced the market. I’m talking about O’Reilly Automotive (NASDAQ: ORLY) and AutoZone (NYSE: AZO). […]
Why Medical Properties Trust Stock Skyrocketed 35.8% in February
Shares of Medical Properties Trust (NYSE: MPW) rallied 35.8% in February, according to data provided by S&P Global Market Intelligence. The hospital-focused real estate investment trust (REIT) rebounded after crashing in January. The main driver was reporting progress on its asset sale plan last month. Making progress Medical Properties Trust stumbled into 2024. The healthcare […]
This Phenomenal Stock Skyrocketed Over 600% in the Last 10 Years: Time to Buy?
In the last decade, the Nasdaq Composite has been very good to investors. The tech-heavy benchmark returned 310% during this time, including dividends. But there’s a retail stock in the index that has performed significantly better. I’m talking about O’Reilly Automotive (NASDAQ: ORLY). Shares of the aftermarket auto parts seller have soared 619% since Feb. […]
Iovance Therapeutics Stock Has Skyrocketed Over 100% so Far This Year. Is It Still a Buy?
Some investors are attracted to small biotech stocks because of their potential for explosive returns. It’s not uncommon for these stocks to go parabolic after positive news is announced. That’s exactly what happened to Iovance Biotherapeutics (NASDAQ: IOVA). The stock has skyrocketed more than 100% so far in 2024. But is Iovance Biotherapeutics still a […]
Why Palantir Technologies, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Have Skyrocketed 50% or More in February
The rapid adoption of artificial intelligence (AI) has been gathering steam over the past year, but there’s been a notable uptick in AI-related developments over the past several weeks. Since the start of February alone, shares of Palantir Technologies (NYSE: PLTR) have jumped 55%, Super Micro Computer (NASDAQ: SMCI) surged 72%, Arm Holdings (NASDAQ: ARM) […]
Why Palantir Technologies Stock Skyrocketed as Much as 47% This Week
Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher this week, soaring as much as 47.5%, according to data supplied by S&P Global Market Intelligence. By the time the market closed on Friday, the stock was still up 43.2%. The catalyst that initially sent the data analytics and artificial intelligence (AI) systems pioneer higher was […]