The world’s largest automaker is putting big money into electric vehicles in China.
Volkswagen (VLKAF) and its local partners plan to invest more than 10 billion ($11.8 billion) to build electric and hybrid cars in the country — the world’s biggest auto market — over the next seven to eight years.
More electric vehicles are sold in China than anywhere else on the planet — and the national government is pushing companies to design and build them on Chinese territory.
Under the plan announced Thursday, VW and its partners are aiming to develop and produce as many as 40 new electric and hybrid vehicle models in China between now and 2025. It expects the first of the new models to hit the Chinese market next year.
VW’s top China exec, Jochem Heizmann, said the German company is “determined to be at the forefront” of China’s electric vehicle revolution.
China accounts for about 50% of the global market for clean energy vehicles, according to investment firm East Capital. Chinese officials said two months ago that they were working on a plan to eventually phase out the production and sale of vehicles powered solely by fossil fuels.
Top 10 Clean Energy Stocks To Invest In 2019: Neovasc Inc.(NVCN)
Advisors’ Opinion:
- [By Max Byerly]
Neovasc Inc. (NASDAQ:NVCN) (TSE:NVC) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 74,020,430 shares, a growth of 55.3% from the April 13th total of 47,655,636 shares. Approximately 83.5% of the company’s shares are short sold. Based on an average daily volume of 87,826,510 shares, the short-interest ratio is presently 0.8 days.
- [By Paul Ausick]
Neovasc Inc. (NASDAQ: NVCN) fell about 21% Wednesday to post a new 52-week low of $0.26 after closing at $0.33 on Tuesday. The 52-week high is $2.12. Volume of about 7.3 million was around 7 times the daily average. The medical device maker had no specific news.
Top 10 Clean Energy Stocks To Invest In 2019: Euronet Worldwide Inc.(EEFT)
Advisors’ Opinion:
- [By Asit Sharma]
Electronic payments and remittances giantEuronet Worldwide (NASDAQ:EEFT)displayed crisp revenue growth in its earnings report issued April 25, which covered the first three months of the current year. Below, we’ll outline summary numbers, delve into pertinent details underlying the results, and review management’s perspective on the quarter:
Top 10 Clean Energy Stocks To Invest In 2019: Mosaic Company (MOS)
Advisors’ Opinion:
- [By Stephan Byrd]
The Mosaic Company (NYSE:MOS) has been assigned an average rating of “Hold” from the nineteen brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $25.23.
- [By Joseph Griffin]
The Mosaic (NYSE:MOS) issued its quarterly earnings data on Monday. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.08), Bloomberg Earnings reports. The Mosaic had a negative net margin of 1.45% and a positive return on equity of 3.90%. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period last year, the business earned $0.04 EPS. The firm’s revenue was up 22.5% compared to the same quarter last year. The Mosaic updated its FY18 guidance to $1.20-1.60 EPS.
- [By ]
HSBC’s top stocks list is mostly dominated by large-cap plays that happen to pay attractive dividend yields. More importantly, the stocks already have a decent amount of momentum behind them: the average one-month performance is +5.5%.
Baker Hughes (BHGE) Tiffany & Co. (TIF) The Mosaic Company (MOS) Deutsche Telekom Schneider Electric Adidas (ADDYY) Unicredit CRH (CRH) Luftansa GlaxosmithKline (GSK) Associated British Foods Fresnillo China Construction Bank China Overseas Land & Inv. Geely Automobile Holdings CRCC China Resources Beer Samsung Electronic Sasol Adani Ports and SEZ
- [By Garrett Baldwin]
Oil prices are at levels we haven’t seen in years. U.S. crude topped $70 for the first since 2014, as U.S. President Donald Trump appeared increasingly likely to pull out of the Iran nuclear deal and reinforce sanctions on Tehran. In addition, OPEC has announced plans to bolster prices and cap production. For oil investors, Money MorningGlobal Energy Strategist Dr. Kent Moors says it’s time to buckle up. According to Moors, revoking the Iran deal would cause “price chaos” around the globe. And that’s right as driving season starts in the United States. Here’s more on the coming chaos for oil. In deal news, Blackstone Group (NYSE: BX) announced it will purchase Gramercy Property Trust (NYSE: GPT) for $7.6 billion in cash. Grammercy manages commercial real estate. While this may seem like a boring deal, Blackstone is buying a business that churns out cold hard cash for its investors. We want to keep this deal on your radar, because there are many other deals like this coming down the pipeline. We’re going to be discussing one of the best real estate opportunities available very soon – so keep an eye out for updates.
Three Stocks to Watch Today: AMZN, AAPL, TSN, SBUX
Shareholders of Amazon.com Inc. (Nasdaq: AMZN) cheered statements made by Warren Buffett over the weekend. The Oracle of Omaha said he messed up by not investing in Amazon and Alphabet Inc. (Nasdaq: GOOGL). “I made the wrong decisions on Google and Amazon,” Buffett said on Saturday. “We’ve looked at it. I made the mistake in not being able to come to a conclusion where I really felt that at the present prices that the prospects were far better than the prices indicated.” Buffett says he now has a “very, very, very high opinion” of Amazon CEO Jeff Bezos. The Oracle believes that Bezos has created something that is “close to a miracle.” Apple Inc. (Nasdaq: AAPL) added another 0.6% Monday, to reach $185.00 per share – a new 52-week high. The uptick came after Warren Buffett announced
Top 10 Clean Energy Stocks To Invest In 2019: Tiptree Financial Inc.(TIPT)
Advisors’ Opinion:
- [By Joseph Griffin]
TRADEMARK VIOLATION WARNING: “Tiptree (TIPT) Raised to C at TheStreet” was posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at www.tickerreport.com/banking-finance/3350618/tiptree-tipt-raised-to-c-at-thestreet.html.
Top 10 Clean Energy Stocks To Invest In 2019: Ollie's Bargain Outlet Holdings, Inc.(OLLI)
Advisors’ Opinion:
- [By ]
“There only a handful of companies that can beat Amazon at its own retail game,” Cramer said. The only ones he sees are Dollar Tree Inc. (DLTR) , Dollar General Corp. (DG) , TJX Cos. (TJX) , Ross Stores Inc. (ROST) , Costco Wholesale Corp. (COST) Home Depot Inc. (HD) and Ollie’s Bargain Outlet Holdings Inc. (OLLI) .
Top 10 Clean Energy Stocks To Invest In 2019: Lydall, Inc.(LDL)
Advisors’ Opinion:
- [By Logan Wallace]
Get a free copy of the Zacks research report on Lydall (LDL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Clean Energy Stocks To Invest In 2019: Marvell Technology Group Ltd.(MRVL)
Advisors’ Opinion:
- [By ]
Marvell Technology (MRVL) and Cavium (CAVM) both posted large gains on Monday, as investors wagered Marvell’s $6 billion deal to buy Cavium is now less likely to be blocked by Beijing. Broadcom (AVGO) , which has bought plenty of chipmakers over the last few years and has indicated it’s open to making smaller deals after seeing the Trump Administration shoot down its hostile bid for Qualcomm, also has to be pleased at the possibility that Beijing won’t act as a deterrent to chip industry dealmaking going forward.
- [By Harsh Chauhan]
Chipmakers Micron Technology (NASDAQ:MU) and Marvell Technology Group (NASDAQ:MRVL) have been riding high on growing memory demand. Both companies have outpaced the NASDAQ-100 Technology Sector index quite comfortably over the past year as the increase in demand for DRAM (dynamic random access memory), flash memory, and hard-disk drives (HDD) has rubbed off positively on their businesses.
- [By Ashraf Eassa]
Over the last several years, there has been a flurry of merger and acquisition activity in the chip industry. Last year, one of the more notable announced deals was Marvell’s (NASDAQ:MRVL) planned acquisition of specialty data-center chip maker Cavium Networks (NASDAQ:CAVM) in a combination cash and stock deal that valued Cavium at $6 billion.
- [By Lee Jackson]
This company has made a bold $6 billion bid to buy Cavium.Marvell Technology Group Ltd. (NASDAQ: MRVL) is a fabless supplier of mixed signal and analog semiconductor products to a number of storage, computing and communication applications, including hard disk drives, personal computers, servers, Ethernet switches, printers and connectivity markets.
Top 10 Clean Energy Stocks To Invest In 2019: Blue Buffalo Pet Products, Inc.(BUFF)
Advisors’ Opinion:
- [By Peter Graham]
A long term performance chart shows shares of Petmed Express and pet stock peerCentral Garden & Pet Co (NASDAQ: CENT) being outstanding performers over the last year or two while pet food stocks Blue Buffalo Pet Products Inc (NASDAQ: BUFF) and Freshpet Inc (NASDAQ: FRPT) have not yet lived up to investor expectations:
- [By Shane Hupp]
Nestl茅 (OTCMKTS: NSRGY) and Blue Buffalo Pet Products (NASDAQ:BUFF) are both consumer staples companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.
- [By ]
Despite his deal hunger, Hayes said he is unlikely to shock investors with an outrageous purchase. In other words, nothing in the mold of cereal giant General Mills (GIS) buying natural pet food brand Blue Buffalo (BUFF) .
Top 10 Clean Energy Stocks To Invest In 2019: Match Group, Inc.(MTCH)
Advisors’ Opinion:
- [By Mac Greer]
Greer: Guys, speaking of passionate communities and controversy, let’s talk Facebook. Facebook is getting into the online dating business.Facebook CEO Mark Zuckerberg says thenew service is meant to help people find “long-termrelationships rather than hookups.” The opt-infeature will match users withpeople they’re not already connected to on the site. Let’stalk about the response from Match (NASDAQ:MTCH), which owns dating sites Tinder, match.com, OkCupid and PlentyOfFish –I’m not even sure what that is,PlentyOfFish. Shares of Match falling more than 20% on this Facebook news. Andy, what do you think?
- [By Motley Fool Staff]
Stock No. 4: We’re down to the M’s. Match Group (NASDAQ:MTCH). Match.com. A lot of older people my age in our 50’s or so, we grew up with that over the last 10 or 20 years. To me that’s almost like the LinkedIn, but for dating. That’s kind of the more corporate, professional world site, but many other people know and use Tinder, which is maybe for a younger generation. I’m sure it’s used by people of all ages. Never by me, as a happily married man.
- [By Garrett Baldwin]
While that is happening in the Middle East, trouble is brewing in Washington. In addition to reports that a Russian Oligarch paid Trump’s lawyer $500,000, a U.S. telecom giant is now caught up with the same lawyer. AT&T Corporation (NYSE: T) confirmed Tuesday night that it paid Trump lawyer Michael Cohen for information on the administration. AT&T stock is up 0.6% in premarket hours.
Four Stocks to Watch Today: TRIP, MTCH, FOXA, DIS
Shares of TripAdvisor (Nasdaq: TRIP) popped nearly 20% after the company crushed earnings after the bell. In addition, the CFO Ernst Teunissen projected strong guidance for the rest of the year. The firm reported EPS of $0.30 on top of $378.0 million in revenue. Wall Street expected $0.16 per share on $360.84 million in revenue.
Shares of Match Group (Nasdaq: MTCH) popped 3% after the company reported earnings after the bell. The dating site operator reported stronger than expected earnings and revenue figures on Tuesday. Overall, revenue jumped 36% compared to the same period in 2017. The firm also reported stronger than expected guidance. Of course, all anyone is talking about how Facebook Inc. (Nasdaq: FB) could impact the dating industry with its new plugin.
Shares of 21st Century Fox (NYSE FOXA) are in focus as the firm prepares to report earnings before the bell. However, investors are more likely focused today on the expected bidding war between the Walt Disney Co. (NYSE: DIS) and Comcast Corporation (Nasdaq: CMCSA) to purchase key assets of the company. Fox is also tied up in a bidding war with Comcast to purchase British television provider Sky (OTC MKTS: SKYAY).
Look for additional earnings reports from Booking Holdings (Nasdaq: BKNG), com International (Nasdaq: CTRP), Sina Corp. (Nasdaq: SINA), Albermarle Corp. (NYSE: ALB), Mylan Inc. (NYSE: MYL), SolarEdge Technologies (Nasdaq: SEDG), Wolverine World Wide (NYSE: WWW), IAC Interactive Corp. (NYSE: IAC), and Cavium Inc. (Nasdaq: CAVM).
Eight Seconds
- [By Motley Fool Staff]
Stock No. 4: We’re down to the M’s. Match Group(NASDAQ:MTCH). Match.com. A lot of older people my age in our 50’s or so, we grew up with that over the last 10 or 20 years. To me that’s almost like the LinkedIn, but for dating. That’s kind of the more corporate, professional world site, but many other people know and use Tinder, which is maybe for a younger generation. I’m sure it’s used by people of all ages. Never by me, as a happily married man.
- [By Leo Sun]
Facebook (NASDAQ:FB) recently unveiled a newdating function for its mobile appat its annual F8 conference. Shares of Match Group (NASDAQ:MTCH) — which owns Tinder, Okcupid, and other dating platforms — tumbled more than 25% after the announcement, indicating that investors believe that Facebook has a shot at rendering its dating apps obsolete.
- [By Joe Tenebruso]
People around the world are flocking to Tinder in search of love. They’re also displaying an increasing willingness to pay more for the popular dating app’s best features. In turn, Match Group (NASDAQ:MTCH) is enjoying accelerating revenue growth and a sharp rise in profits, as evidenced by the company’s robust first-quarter financial report.
Top 10 Clean Energy Stocks To Invest In 2019: Grupo Aval Acciones y Valores S.A.(AVAL)
Advisors’ Opinion:
- [By Logan Wallace]
Get a free copy of the Zacks research report on Grupo Aval Acciones y Valores (AVAL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
