One Sovereign Wealth Fund Loves this Automotive King

Korea Investment Corp., the sovereign wealth fund for South Korea, recently made some changes in its stock filings. It lighted up on many well-known tech names such as Apple, Alibaba, and Intel. Instead, the fund decided to use its capital to buy shares of an automotive giant instead. It’s not an electric vehicle play, at least, not entirely. That’s because the new buy is in General Motors (GM). There are many reasons for the buy now, even with shares near a 52-week ...
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This Mall Retailer is a Strong Short Squeeze Candidate

Traders can make a bundle buying companies with a high amount of short interest. That’s because once a stock’s price moves higher, short-sellers need to buy shares to cover their position. If shares can’t be found, and traders get desperate enough, the squeeze is on! One potential squeeze play is in a mall retailer that has 45 percent of its float (available shares) held by short sellers right now. It also reported earnings just strong enough to send shares moving higher, which ...
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The Secret “Green Energy” Play With Room to Rally

Renewable energy companies have had a great month. Besides improving technologies and economies of scale that make them attractive investments now, the shift is leading to other changes. One of those changes is in regard to demands for base commodities needed to make this technology. One, in particular, has been in a shortage for years. Increased demand from green tech is likely to drive prices higher. That space is in copper. Best known for its use in wiring, it’s a key component ...
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This Covid Vaccine Play Will Likely Head Higher

Stocks have had a strong month thanks to the end of election uncertainty and the announcement of several Covid-19 vaccines. That takes some of the biggest risks in the market off the table. While that’s been good for most companies, many firms can still perform even better in the months ahead. That includes the manufacturers of vaccines themselves, which still need to move from a successful announcement to a delivered product. While it’s no surprise that investors have already bought into these ...
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This Social Media Giant Continues to Deliver Growth

Social media companies aren’t going away. The internet platforms continue to vie for viewers, as that in turn leads to advertising dollars and revenues. This big-buck business continues to find new ways to innovate. One such company is TikTok, which focuses on sharing short videos between users. Given the massive growth that platform has seen, it’s no surprise that other companies are joining in… and why that makes them an attractive buy. The biggest move comes as Snap (SNAP) looks to copycat ...
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Why One Mall-Based Retailer May Rally from Here

Retail companies have had a tough year. Big-box stores and companies in the e-commerce space have zoomed ahead of other players. Companies that rely on in-store sales and foot traffic, such as stores at malls, have fallen by the wayside. Yet with earnings season underway, and with the economy trending up again, a few names in the mall-based space are starting to look attractive. One bank even brazenly upgraded one such name right before it reported earnings! JPMorgan Chase upgraded shares of ...
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Payment Processing Companies Continue to Lead the Markets

2020 has been a solid year for payment processing companies. From added contactless features to the inclusion of cryptocurrencies, it’s a space that’s showing tremendous innovation over the credit card networks or traditional banks. That’s led to some massivemoves higher in a number of stocks. One such rallying name has been an underperformer, but looks set to continue heading higher. That company is Fiserv (FISV). The merchant acquiring company for retailers is an essential e-commerce play, but one that hasn’t had the ...
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One Data Point Showing the Top Chip Stocks Today

Different companies in different sectors of the market are measured best by different metrics. A restaurant may look at turnover, or how many times it can seat customers at tables every day. In the tech space, innovation is key. And for the chipmaker stocks, innovation is ongoing and iterative. That’s why spending on research and development (R&D) in the chipmaker space is on track to rise 6 percent in 2020, even with a stalled economy. Based on how much a company spends ...
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