GTX Stock Is an Auto Tech Stock for Contrarian Investors The COVID-19 pandemic led to significant microchip shortages globally, which had negative impacts on vehicle production. The supply situation has vastly improved, but now there are concerns about market demand. Take the case of Garrett Motion Inc (NASDAQ:GTX).…
Government Support for Tech Industry Could Benefit SKYT Stock Semiconductor stocks were under pressure for most of 2022, but they've been rallying since their October 2022 low. The Nasdaq went up by about nine percent in January of this year. While there continue to be macroeconomic uncertainties for…
MRCY Stock's Price Weakness Presents a Contrarian Opportunity The selling capitulation in the stock market in 2022 was focused on technology and growth stocks, but the negative investor sentiment led to collateral damage in the majority of other sectors. Many aviation-related stocks that were sold off from 2020…
Why TSLA Stock Remans Tops Among EV Stocks During the technology stock sell-off of 2022, one of the hardest-hit sectors was electric vehicles (EVs). As of this writing, the Global X Autonomous and Electric Vehicles ETF (NASDAQ:DRIV) has declined by 28% year-over-year. Helping lead that decline was EV…
S Stock Could be a Winner As we move along in 2023, we face major macroeconomic uncertainties domestically and globally. This will likely result in continued volatility in the stock market for the foreseeable future, but patient investors could be rewarded. Technology stocks took a beating in 2022,…
NET Stock Presents Opportunity to Contrarian Investors The world is in a mess right now, given the problems with Russia and the intensifying cold war with China. And that doesn’t even include domestic threats. In this environment, cyberattacks are expected to continue on business and government IT networks and…
VLTA Stock Is an EV Charger Stock to Watch The ultimate success of the adoption of electric vehicles (EVs) depends on various factors, including tax credits and rebates, affordable base prices of EVs, and the expansion of EV charging infrastructure. Without this, I doubt EV adoption will accelerate,…
INTT Stock Could Still Double inTEST Corporation (NASDAQ:INTT) had an excellent 2021, with its share price rallying by an impressive 178% during the first half and closing out the year up 96%. In 2022, with decades-high inflation, unprecedented interest rate hikes, fears of a looming recession, and the…
Why EV Stocks Should Be Part of Investment Portfolios The carnage in electric vehicle (EV) stocks has been devastating this year. KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS) is down 42% from its 52-week high as investors dump EV stocks. However, the price deterioration is providing…
GP Stock Down 70% in 2022 but Has 377% Upside GreenPower Motor Company Inc (NASDAQ:GP) has emerged as one of the most unjustly beaten-down stocks in the electric vehicle (EV) industry. The B.C., Canada-based company manufactures electric transit, school, and charter buses. GreenPower Motor Company Inc is still…