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 …

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 …

Will Hyliion stock bounce back? Here’s what analysts are saying

Hyliion (NYSE: HYLN) stock has been on a downward trend losing 54.64% in value over the past month. The sell off incurred shortly after the SPAC merger was finalised on the 28th of September. Hyliion hasn’t been the only EV listed company who has seen short selling. WKHS and even Tesla have lost 33% and …

Analysts are bullish on NIO stock – here’s what investors need to know

NIO (NYSE: NIO) has continued its bullish path throughout 2020, with the stock gaining an eye watering 2008.97% YTD. NIO’s bullish investor sentiment this year has outweighed majority of its smaller competitors. The “Tesla of China” is driving significant growth in the EV industry, particularly in the Asia Pacific region which has intrigued investors in …

Snap stock forecast 2021 – are the bulls too confident?

In a social media-driven world it should not shock you that the bulls are cheerleading a strong 2021 run for Snapchat. The contagious photography platform is expanding its customer base during the pandemic, which is pleasing to investors in terms of financial growth. While the bulls are telling a story of bodacious financial, customer, and …

Intel stock forecast – what does the future look like for investors?

Intel (NASDAQ: INTC) put on a show during the pandemic as they rode the technological wave. However, it seems the rapid growth might be slowing as analysts remain pessimistic for the short-term Intel stock forecast. The bulls are focusing on the bigger picture as financials look to rebound in 2024 and beyond. This article will …

Workhorse stock falls to $20 – is now the time to capitalise?

Workhorse (NASDAQ:WKHS) took a 15% hit last week as the EV industry including Tesla struggled to gain any traction on Wallstreet. The stock corrected from its standing equilibrium at $23-24 to $19.20 with no associated news. Workhorse has since rebounded above the $20 mark however continues to experience unusually low volumes suggesting a large bounce …

PayPal stock forecast 2021 – how high can PYPL go?

To say PayPal (NASDAQ: PYPL) is on a rocket would be an understatement. The recent introduction of cryptocurrency and buy now pay later positions PayPal at the forefront of the payment revolution. Not to mention, the rise in online business is sending PayPal merchant fee revenue through the roof. However, the bears are shaking their …

Fisker stock forecast 2021 – are the bulls outrageously optimistic?

Fisker is dividing wall street. On the one hand, the merger confirmation and promising prospects are making investors bullish. Contrast that to the bearish argument where investors see Fisker replicating Nikola’s downfall as opposed to Tesla’s meteoric rise. This article looks to breakdown the Fisker stock forecasts from both the bullish and bearish sides. Table …

DiamondPeak and Lordstown close in on merger – Here’s what you need to know

DiamondPeak Holdings Corp (NASDAQ: DPHC) is one of the hottest Special Purpose Acquisition Companies (SPAC) listed on the market right now. The company initially announced its reverse merger with Lordstown Motors on the 3rd of August. DPHC has since climbed an impressive 125%, rewarding investors who had snapped up the chance to buy early. The …

NIO stock news triggers 20% rally – will the bulls survive 2020?

NIO (NYSE: NIO) is emerging from the EV crowd and onto the podium as investors call the company “the Chinese Tesla”. The remainder of 2020 is packed with bullish catalysts. These include the unveiling of the EE7, Q3 earnings, month on month delivery updates, and continued talks about European expansion. Despite the positive NIO stock …

Hyliion merger sealed – 2021 forecasts and beyond

To say Hyliion (NYSE: HYLN) is a 2020 EV spectacle would be an understatement. What started as the hype behind the SPAC SHLL is mutating into EV truck fever for Hyliion. Mainly because SHLL/HYLN posted a monstrous 425% share price growth in three months. Bulls are now leading the charge in the Hyliion 2021 stock …

Nikola stock forecast – are the JP Morgan bulls right or too optimistic?

Nikola Motors (NASDAQ: NKLA) is a volatility seesaw. Today’s positive press release saw Nikola bulls fling the bears into the air. However, alarming criticisms from Hindenburg research, sexual allegations against Trevor Milton, and a GM fallout could see the bears regain control of the seesaw. Thus, today’s article will look to break down and simplify …