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Romeo Power stock

Will Romeo Power stock thrive in 2021? – here’s what investors need to know?

Romeo Power (NYSE:RMO) has been in the spotlight this week after the company announced a 5 year supply deal with EV manufacturer, PACCAR. The company officially began trading on the 30th of December 2020, following the completion of its reverse merger with RMG Acquisition Corp. Romeo stock has seen a steady decline since its debut, …

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ACIC merger

ACIC to merge with Archer – here’s what you need to know

Atlas Crest Investment Corp (NYSE: ACIC) announced its intention to merge with Urban Air Mobility company Archer. The news of the merger sent ACIC stock surging over 20% to a 52 week high of $15.75. The SPAC merger is expected to provide the merged company $1.1 billion of gross proceeds to fund future growth. This article …

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Sundial Growers (SNDL) stock forecast for 2022

Sundial Growers Inc (NASDAQ: SNDL) has surged 439% over the past month of trading. Other industry competitors Tilray (NASDAQ: TLRY) and Aurora Cannabis (TSE: ACB) have also seen impressive gains after a shift in sentiment on Wallstreet. SNDL’s strong stock performance is attributed to optimism surrounding possible changes in legalisation of cannabis in the United …

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GM stock forecast for 2022 – are analysts bullish?

General Motors Company (NYSE: GM) has had an impeccable year of trading. Long term shareholders have been rewarded as the company has gained serious ground on Wallstreet. General Motors stock has gained 58% YTD, marking one of its best performing years since IPO. In addition, the analysts on Wallstreet are rallying behind the vehicle manufactuer. …

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Workhorse stock forecast for 2022 and beyond

Workhorse Group Inc (NASDAQ: WKHS) posted an impressive week of trading, gaining over 45%. The company designs and builds performance battery-electric vehicles and aircraft, along with cloud based, real-time telematics performance monitoring systems. Investors have rallied around the Ohio EV manufacturer, with a game changing $8.1 Billion contract from USPS on the horizon. Furthermore, with …

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UVXY ETF

Analysts maintain buy rating on SRNE stock

Sorrento Therapeutics Inc (NASDAQ: SRNE) has recaptured the attention of investors as analysts remain confident in the companies 12 month outlook. The stock has performed well as of late, posting a 29% gain over the past month of trading. Furthermore, the average 12 month price target amongst Wallstreet analysts is $29.67 a share. This suggests …

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AT&T stock forecast for 2021

Breaking down AT&T’s stock forecast for 2021

AT&T Inc. (NYSE: T) has gripped investor interest on Wallstreet as the company took a heavy hit due to COVID earlier this year. Founded in 1983, AT&T is a US-based telecoms company. AT&T is the second largest provider of mobile services and the largest provider of fixed telephone services in the US. The telecoms giant turned …

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PIC XL Fleet merger

PIC closes in on XL fleet merger – here’s what you need to know

Pivotal Investment Corporation II (NYSE: PIC) announced on Tuesday they will be holding an annual meeting on December 21 for shareholders to vote on the proposed merger with XL Fleet. The shareholder vote is one of the last steps in the lengthy merger process. In addition, both companies will merge under the one ticker, NYSE:XL. PIC …

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NIO stock

Bank of America turns bullish on NIO stock

Nio Inc – (NYSE: NIO) has continued to outperform analysts expectations this year as the Chinese EV continues to deliver strong revenue growth. The companies stock price has seen a remarkable gain of 2,500% over the past year. The trading activity has seen a spike in recent days after the Q3 earnings announcement alongside the …

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Palantir stock surges 16%

Palantir stock turns bullish – do analysts suggest a buy rating?

Palantir Technologies (NYSE: PLTR) has surged by 16% on Friday as investors continue to rally behind the big data specialist. The company made headlines on Wallstreet as it completed its long awaited IPO on September 30th. The stock price staggered at $10 throughout October after its debut on the NYSE. However, recent coverage from analysts …

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