If we can break the 61.5 barrier in the next few trading sessions and hold, I believe that we can see this hitting the 62's easily in the short term.
- Jan 22, 2021
- 1 min read
With my largest holding in the EV Sector being NIO, below are the latest PT's set.
Deutsche Bank: $70, Maintains Buy Rating
Daiwa Securities: $100, Maintains Buy Rating
JP Morgan: $75, Keeps Overweight Rating
Bank of America: $70.00, Maintains Buy Rating
CICC: $85.00, Maintains Outperform Rating
Credit Suisse: $71, Maintains Outperform Rating
Citi Bank: $68.30, Downgrade Neutral Rating
Jefferies, $60, Hold Rating
Nomura Instinet, $80.3, Buy Rating
I see this cult bouncing between $54 and $64 for the next two months until March Earning report. With a positive December 2020 report and their current progression I am giving this at March PT of $75 before it consolidates and maintains at the $70 mark.
- Jan 18, 2021
- 1 min read
With the Biden/Harris administration coming into play in a couple of days, there have been many promises from the democratic party in regards to pushing for going green at an accelerated pace. While the fight against climate change is very real, this administration is poised to make great strides in their efforts to do its part. On his first day as president, Biden has already claimed that he will cancel the Keystone Pipeline via executive action.
Politics and jobs data aside, prior to the election I began adjusting my holdings in various solar and electric automobile companies, both domestic and foreign. At its current state, TSLA is running on fumes and retail investor hype, however there are a number of other companies that are worth looking into. My current Green Initiative stock holdings include: