Shares of O'Reilly Automotive Inc. (NASDAQ:ORLY), one of the largest retailers of aftermarket automotive parts, tools, and accessories, are popping 10% Thursday as of 12:17 p.m. EDT after announcing a strong first quarter and raising guidance.
NEW YORK The outspoken CEO of the largest automotive dealership chain in the U.S. publicly questioned the market value of Tesla on Tuesday, escalating the rivalry between traditional dealers and the electric-vehicle maker.
Tesla is “either one of the great Ponzi schemes of all time or its gonna work out,” AutoNation CEO Mike Jackson said at a forum presented ahead of theahead....More>>>
On Thursday, our Under the Radar Moversnewsletter suggested small cap green energy stock American DG Energy (NYSEMKT: ADGE) as a long trade:
As for American DG Energy, today’s push above a technical ceiling at $0.34 is telling, though that clue is made more telling when you see the short-term moving average lines have given us key bullish crosses over the course of the past couple of....More>>>
U.S. stocks bounced around the unchanged line on Wednesday in light holiday trading. The Dow Jones Industrial Average gained 0.1%, the S&P 500 gained 0.1%, the Nasdaq Composite gained a fraction and the Russell 2000 lost a fraction. Treasury bonds strengthened, the dollar fell, gold gained 0.3% and crude oil dropped 0.6%.
Defensive utilities and real estate investment trusts led the way....More>>>
Investing in biotechs can be an exercise in frustration, as Lexicon Pharmaceuticals (NASDAQ:LXRX) so amply demonstrates. While I believe the company has continued to build a solid case that its dual SGLT-1/2 inhibitor sotagliflozin can and should be approved for use in Type 1 diabetes, the shares are down about 20% from the time of my last update. Although the data package on sotagliflozin is not....More>>>
SAN FRANCISCO Every time you save a photo to the cloud, buy something on Amazon, open a Google doc or stream a movie, youre probably pulling electricity from a windmill in Texas or a solar farmin Virginia.
In fact, your clicks and taps may have helped build them.
Since 2008, renewable energy has gone from 9% to 18% of the U.S. energy mix, according to the Business Council for Sustainable....More>>>
The OPEC deal and two new pipelines to be built in Western Canada saw my favorite oil & gas stocks tick higher – much higher in some cases. And, this should be just the beginning!
As supply and demand come back into balance, Western Canadian producers should find prices sufficient to fund growth without adding to debt. At the same time, the Trans Mountain pipeline will provide access....More>>>
Small cap Nexus Gold Corp (OTCMKTS: NXXGF; CVE: NXS) has received a new work permit for its Bouboulou Gold concession located in Burkina Faso, West Africa. The new permit has an initial term of three years and can be renewed twice for a total term of nine years. The Bouboulou exploration permit covers an area located on the Boromo-Goren greenstone belt of 38.8 -sq km approximately 75 kilometres....More>>>
When Warren Buffett, a guru I emulate on Validea, purchased his first shares of GEICO back in 1951, there were no funny commercials or talking lizard mascots to entice him. It was Buffett’s limitless curiosity about the company’s then-chairman Benjamin Grahamone of Buffett’s professors at Columbia University as well as his mentor and “hero”–that led Buffett to....More>>>
CohBar, Inc. is a leader in the research and development of mitochondria based therapeutics (MBTs), an emerging class of drugs with the potential to treat a wide range of diseases associated with aging and metabolic dysfunction including non-alcoholic st
Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage