BofA Upgrades SolarEdge Following Recent Sell-Off
Monday, 10 May 2021, 21:53:34
Shares of SolarEdge Technologies Inc (NASDAQ: SEDG ) underperformed significantly after the company’s first-quarter update, based on investor concerns around the impact of chip shortages persisting into 2022, according to BofA Securities. The SolarEdge Technologies Analyst: Aric Li upgraded the rating for SolarEdge Technologies from Neutral to Buy, while reducing the price target from $306 to $276. The SolarEdge Technologies Thesis: The dramatic decline in the company’s stock on supply chain concerns appears overdone, Li said in the upgrade note. “While we acknowledge investor worries around … Full story available on Benzinga.com
TuSimple could jump 36% as the company leads the race in the $4 trillion autonomous trucking market, BofA says
Monday, 10 May 2021, 18:44:39
Summary List Placement T uSimple is “leading the autonomous revolution in trucking” and its stock could jump 36% over the next year, according to Bank of America. In a note to clients on Monday, analysts led by Ken Hoexter initiated coverage on TuSimple with a “buy” rating and a $51 price target. The price target represents a potential 36% jump in share prices from Friday's closing price of $37.29 per share. Hoexter and his team said that TuSimple is set to take a large chunk of the $4 trillion total addressable freight trucking market over the next decade. TuSimple hopes to operate an Autonomous Freight Network (AFN) across the US that will provide a comprehensive, turnkey solution to companies that want to do away with traditional trucking methods. The company has received 240 patents, has mapped more than 3,000 miles of high definition routes to date, and boasts over 5,700 orders for its level 4 autonomous semi-truck just four months after it began pre-sales. TuSimple also has investments and partnerships with the likes of UPS, Union Pacific, Canadian National, Werner, Schneider National, US Xpress, Kroger, McLane, Navistar, TRATON, NVidia, Cummins, and more.
— Business Insider
Must-know promotions, exits, and hires at firms like Blackstone, Russell Investments, and Viking Global
Saturday, 8 May 2021, 13:30:00
Summary List Placement Here's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone? Let us know. The US Department of Education announced it appointed Richard Cordray as its chief operating officer of federal student aid, according to a statement from US Secretary of Education Miguel Cardona . Cordray is the former director of the Consumer Financial Protection Bureau and the former attorney general of Ohio . Timothy Massad , who ran the US Commodity Futures Trading Commission during the Obama administration, joined Ethic this week as an advisor, Insider reported . Ethic is a New York-based company that builds tailored portfolios aligned with clients' values for financial advisors and institutional investors. Paget MacColl joined Blackstone as global head of Blackstone Alternative Asset Management's (BAAM) institutional client solutions, according to a press release. MacColl comes to Blackstone from Goldman Sachs Asset Management , where she most recently served as co-head of the Americas institutional client business and originally started her career in 1999.
— Business Insider
Thinking about trading options or stock in Nio, Bank of America, Ford, American Airlines, or Draftkings?
Friday, 7 May 2021, 16:40:00
NEW YORK , May 7, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for NIO, BAC, F, AAL, and DKNG. … Full story available on Benzinga.com
Microsoft is the most popular ESG stock, along with these other names
Friday, 7 May 2021, 16:28:02
Bank of America combed through the hop holdings of ESG-focused funds to find the names that most frequently appear.
We recommend that you check out Capital.com as they have a very good selection of stocks available for both going short and long.