Energy consumption has grown steadily over the last few decades. Companies and industry experts question whether the latest energy production methods are efficient and environmentally sound. This gave rise to the need for alternative solutions like renewable energy. Climate change awareness, sustainability initiatives and government transitions have further boosted demand. This has made renewable energy
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Black Friday is here, and the holiday season is officially upon us. For investors, it’s a good time to go bargain shopping as well. But there are some stocks out there that could spoil your fun. These three stocks to sell have all fallen significantly in recent months. But there’s no discount here. Rather these
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With U.S. electric vehicle demand waning, investors must be choosy with their stock picks. EV manufacturer Lucid Group (NASDAQ:LCID) has its positive points, such as powerful vehicles with impressive ranges. Unfortunately, these positive points aren’t enough to make LCID stock a worthy pick for 2024. As we’ll see, Lucid Group is getting ready to introduce a new vehicle with
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Wall Street analysts have a bullish view on PayPal (NASDAQ:PYPL) stock right now, with 48 sell-side analysts covering it, according to the Wall Street Journal. Among them 30 rate it either “Buy” or the equivalent to buy (“Overweight”), 17 out of the remaining 18 rate shares a “Hold,” with one sole analyst assigning a “Sell”
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Even though Tesla (NASDAQ:TSLA) is the most famous electric vehicle manufacturer in the U.S., this doesn’t mean the company is problem-free. Indeed, there may be valid reasons ARK Investment Management, whose CEO is Cathie Wood, sold shares of TSLA stock. It’s worthwhile for prospective investors to get the full story instead of jumping into a trade
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With 2023 slowly coming to an end, consider identifying stocks for potential sales before 2024 begins. Economic uncertainties, inflation and interest rate concerns contribute to stock market volatility. That’s especially true with underperforming speculative growth stocks, so accepting losses and realigning portfolios may be wise. Here are three overhyped stocks you should steer clear of
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