One of President Joe Biden’s first stops after Thanksgiving 2022 will be to Bay City, Michigan. On Sept. 1, Governor Gretchen Whitmer celebrated the opening of the city’s new semiconductor wafer manufacturing plant. Owned by Korean firm SK Siltron, this factory is the product of a $300 million investment from the Biden administration. Michigan is not…

Cheap blue-chip stocks under $15 can be rare finds. Typically since financially sound firms with recognizable names have histories of strong performance and often include dividends, their prices tend to be higher.  But that isn’t exclusively the case. Although they usually trade near or above $100, cheap blue-chip stocks under $15 can be found. That’s…

In 2021, meme stocks or investments that generated intense grassroots interest (typically via public internet forms) were all the rage. In 2022? Not so much. Throughout this year, shifting market and macroeconomic forces exposed many if not most memes as pure speculation. Usually, this translates to hot garbage. However, some high-risk wagers earned respect. Whether…

With macroeconomic trends becoming much more favorable and many growth stocks trading at depressed levels, there are several reasons to believe that growth stocks will soon rally. As a result, longer-term investors should look for growth stocks to buy at this point. Among the favorable macro trends are China’s reopening, impending U.S. government stimulus in…

The electric vehicle boom is already here, which means you should be keeping an eye on EV stocks to buy. According to the International Energy Agency, electric vehicle sales are on course to hit an all-time high this year. “The IEA has previously stated that electric vehicle sales hit 6.6 million in 2021. In the…

If you bought shares of Rivian Automotive (NASDAQ:RIVN) at or near its peak in mid-November, it’s been a bad couple of weeks for you. RIVN stock is 34% off its high of $179.47, made days after the electric vehicle maker went public. And, unfortunately, I don’t see RIVN stock making a comeback any time soon.…

After prematurely calling a near-term top in Lucid Group (NASDAQ:LCID) stock on Nov. 11, I’ll admit so far, I’ve made the wrong call with Lucid. Source: ggTravelDiary / Shutterstock.com The electric vehicle maker’s turbocharged surge in price (kicked off by it making its first customer deliveries) has carried on. Renewed hype for EV stocks, and…

Lucid Group’s (NASDAQ:LCID) third-quarter earnings report showed a significant bump in Lucid Air reservations and record liquidity. With the commencement of deliveries and a production ramp-up, LCID stock is one of the best electric vehicle plays in the market. However, due to its recent success, it is valued like an industry stalwart rather than a…

Rivian Automotive (NASDAQ:RIVN) stock has already had a wild ride, as it starts mass production of an electric pick-up truck. Source: Miro Vrlik Photography / Shutterstock.com Shares opened at $78 on Nov. 10. This brought Rivian $12 billion in cash, Their value then took off in the first week of trading, peaking at $178 each…

https://youtu.be/quceJJRh9Do Editor’s Note: This article is part of Joanna Makris’ Behind the Wall series, where she provides retail investors with the insider scoop on the hottest technologies and trends from today’s business leaders, industry experts and money managers. Today’s discussion is with Garrett Nelson, Senior Equity Research Analyst at CFRA Research. Source: ggTravelDiary / Shutterstock.com No…

Electric vehicle (EV) batteries are used to power the electric motors of battery electric vehicles and hybrid electric vehicles. Electric vehicle batteries support clean energy initiatives because they are rechargeable and do not emit any harmful gases that cause damage to the environment. This has made some battery stocks appealing among environmental, social and governance…

Electric vehicle startup Rivian Automotive (NASDAQ:RIVN) hit the markets with a big bang thanks to its legendary initial public offering. Having originally planned to offer 135 million shares of RIVN stock at a range of $72-$74 a share, management upped the IPO to 153 million shares at $78 per share on Nov. 9. Source: Michael…

In recent months, investors have been swarming with excitement over potential new electric vehicle (EV) models and further technological developments. However, General Motors (NYSE:GM) shook up the scene today after announcing that it acquired a 25% stake in Pure Watercraft, an electric outboard motor and boat producer. The deal is estimated to be valued at…

The first crack in Rivian’s (NASDAQ:RIVN) armor has started to appear. The electric vehicle startup’s stock has faced two consecutive days of double-digit losses. RIVN stock seems to be coming back to earth. Source: Sopotnicki / Shutterstock.com It might be tempting to get in on the EV action and buy some of Rivian’s discounted shares.…

Shares of Lucid Group (NASDAQ:LCID) sold off today, falling more than 10% as investors took profits. Yet, LCID stock still has a ludicrous market cap of more than $76 billion. Source: ggTravelDiary / Shutterstock.com That puts the electric vehicle startup on par with some of the biggest U.S. automakers. Ford Motor (NYSE:F) and General Motors (NYSE:GM),…

Lucid Group (NASDAQ:LCID) reported results for its first quarter as a publicly traded company this week. If Lucid was an established automaker like General Motors (NYSE:GM) or Toyota (NYSE:TM), we would be talking about the bottom line. For what it’s worth, the electric vehicle startup lost 43 cents per share for the third quarter, much…

Rivian (NASDAQ:RIVN) is yet another example of the current retail investing revolution. With hot trends like electric vehicle (EV) stocks still top of mind, there has been a continuous struggle between small-time investors and institutional players. What’s more, Rivian has already delivered a ton of excitement to believers, sporting gains of 120% from its initial…

What an inspiration it has been to watch some auto stocks. Look at Tesla (NASDAQ:TSLA) as it has vaulted to a valuation that surpassed $1.2 trillion. Then there’s Ford (NYSE:F), which is electrifying its fleet, reinstating its dividend and surging to its highest price in nearly a decade. No one seems to talk about Ferrari…