So I finally added the Lucid $LCID-1.1% to my portfolio last week and I'm glad I did. In addition, news came today that Lucid is preparing to enter the world's largest automotive market, China.
Or how Jim Cramer ruined our enjoyment of the stock markets... Time to short? 😂
Jim Cramer pointed out the top 7 stocks he thinks are guaranteed winners for this year - Apple $AAPL+0.2%, Microsoft $MSFT+0.5%, Nvidia $NVDA+0.7%, Amazon $AMZN-0.7%, Facebook $META+0.1%, Tesla $TSLA+4.1%, Google $GOOGL+0.1%.
I have a question more suitable for discussion. I often see in the premarket that various stocks are rising, and in a given report on investment sites, for example, it's stated that it's rising based on a change in analyst ratings.
Does it really work like that? But then that can also smack of market manipulation can't it? I'll give you an example 👇
S&P Global Ratings upgraded Nvidia's $NVDA+0.7% rating to 'A+' from 'A' with the expectation that the chipmaker will be able to generate stronger growth over the next few years.
Analysts at Evercore ISI raised their target for the S&P 500 $^GSPC+0.1% index to 4450 from the previous 4150. According to them, continued AI-driven momentum could push the index to 4450 by July 4.
What about that Lucid $LCID-1.1% today? I see it's down another 9% in the premarket. Speculatively I guess I'd take it, the Arabs obviously trust them since they still have the biggest share there. Their EVs are pretty interesting, but it's still too young a company for me, so I wouldn't open anything big there, just speculation on a bounce.
Guys, I need some inspiration. Which stocks have you bought lately, or are you on the lookout for. I seem to be losing track of interesting, or solidly minted companies as the markets go up to space again.
Now that's a total top!
Nvidia $NVDA+0.7% said it is building the most powerful AI supercomputer to meet growing customer demand for AI applications.
I don't know about you, but I'm going to take advantage of Xpeng $XPEV'+4.8%s drop to $8 today to expand my portfolio to include electric car makers. It may not make sense to everyone, for me $8 was a buy target. Sales, profits and even their deliveries may not be impressive to everyone, but guys, if you like cars, check out the XPeng P7 and the reviews right away. I'm telling you, this model is going to be something big.
What are you buying today?
Virgin Galactic $SPCE-1.7%, the space tourism company, is ready today to launch its first space mission in nearly two years, the last planned test flight with a crew of six before launching its long-awaited commercial service!
I'm not investing here, but I'm definitely a big fan and have my fingers crossed that they succeed. I see a future in this, but investment-wise it doesn't make sense to me yet.
What about you and space tourism? Are you investing here?
Although I am no stranger to the smell of money, I avoid China, despite its, I don't know what to call it, great potential, shall we say? I'm not condemning anyone for investing in China, I consider it risky and another research report confirms me in this.
Yes, I did, I opened an article with a clear clickbait headline on Yahoo: China's economy is rotten and its booming reopening is a "charade". But the core of the article is not bad at all.
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Articles and contributions published on the bulios.com server are not investment recommendations. They are only informative. Be careful in your investments and educate yourself.
