NVDA stock forecast for 2021 – the bulls take charge

NVIDIA Corporation (NASDAQ: NVDA) has provided investors a golden opportunity in 2020 for steady growth. The companies share price has gained 132% in value in 2020 alone. The tech giant manufactures Graphic Processing Units (GPU) for Gaming and specialised markets. With such positive growth, analysts have weighed in and the 12 month outlook may surprise …

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 …

Northern Genesis stock surges on merger with EV innovator

Northern Genesis Acquisition Corp (NYSE: NGA) announced last week they have entered an agreement to merge with EV manufacturer Lion Electric. The merger adds to the vastly growing list of EV innovators jumping on board the SPAC train to raise much needed capital. The NGA merger is to be completed in the first quarter of …

Moderna and Novavax surge ahead of 2021 – here’s what you need to know

The past two weeks have seen a large shift in investor sentiment towards these two key COVID vaccine pioneers. Moderna Inc (NASDAQ: MRNA) and Novavax, Inc. (NASDAQ: NVAX) have seen a recent surge in the share price. The companies saw an increase of 26.52% (NVAX) and 38.26% (MRNA) respectively over the past week of trading. …

What the Salesforce Slack acquisition means for investors

Salesforce.com, inc. (NYSE: CRM) announced yesterday the acquisition of Slack Technologies (NYSE: WORK). Since rumours first broke of the announcement of the acquisition, Slack shares bounced from $29 to $40 a share. The definitive agreement marks an estimated enterprise value of $27.7 billion based upon Salesforce’s current trading price. The transaction is expected close in …

Hennessy Capital surges 34% on merger – here’s what you need to know

Hennessy Capital Acquisition Corp IV Class A (NASDAQ: HCAC) has recently gained a fresh vote of confidence from investors. The Special Purpose Acquisition Company (SPAC) has seen an impressive gain of 34% in the share price over the past month. On August 18th, the company announced it had reached a definitive agreement with Canoo, a …

CIIC surges 200% after the EV merger announcement

CIIG Merger Corp (NASDAQ: CIIC) announced late last week the merger with Arrival, a promising UK Electric Vehicle manufacturer. The SPAC has since gained over 200% in the past week of trading, illustrating the bullish investor sentiment. Arrival Ltd. has peaked the interests of investors, with its evolutionary EV passenger bus and van models. Furthermore, …

Tesla stock forecast for 2021 – analysts turn bullish

Tesla stock (NASDAQ: TSLA) has continued its stella run this year as the tech innovator continues to dominate the growing EV industry. Tesla’s stock price has risen 608% this year alone, its best performing year since its initial listing on Wallstreet. The company saw a recent spike in volume trading, after the S&P Dow Jones …

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 …

Xpeng stock surges after key analyst upgrade

Xpeng Inc – ADR (NYSE: XPEV) has surpassed all expectations on Wallstreet after multiple upgrades from large institutions. The company has seen a 92% gain over the past month, outperforming its Chinese counterparts NIO and Li Auto. Xpengs unique technology and innovative EV performance has positively shifted investor sentiment. Yesterday afternoon, Citigroup analyst Jeff Chung …

Cronos stock forecast for 2021 – are the bulls right?

Cronos Group Inc (NASDAQ: CRON) stock has made a remarkable comeback in recent weeks. The companies stock price has gained 55% in the last month, reviving its bullish investor sentiment we initially saw in early 2019. The key drivers for this growth include the US election outcome, positive Q3 results and analysts optimistic outlook moving …

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 …