Tesla (TSLA, $699.48) shares get rating boost...

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published in Blogs

Apr 12, 2021

Tesla (TSLA, $699.48) shares get rating boost from Canaccord analyst, on Apple-like ecosystem

Tesla shares got a rating upgrade from analysts at Canaccord Genuity, on what the latter perceive as the electric vehicle-maker’s shift to "Apple-esque ecosystem".

Canaccord analyst Jed Dorsheimer boosted his rating on Tesla shares to "buy" from "hold" . Dorsheimer also raised his price target by 155%, to $1,071.00 per share. The analyst mentioned parallels between Apple's "Think Differently" campaign and Tesla's power and storage goals.

"Consumers rave about the in-car software of Tesla and the ease of connectivity," Dorsheimer said. "We expect this consumer/product interaction and admiration to intensify as consumers add solar generation and Powerwall storage products, mimicking the all-encompassing Apple product ecosystem."

According to Dorsheimer, as Tesla’s solar and energy storage products supply constraints are removed, “consumers will be able to become more entrenched in its electrification ecosystem."

Related Tickers: TSLA

John Jacques

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A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I. Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.

Sergey Savastiouk

published in Blogs

Jul 10, 2020

3 Stocks to Buy if Coronavirus Second Wave Hits

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Edward Flores

published in Blogs

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The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations. As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.

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published in Blogs

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Is Ethereum’s Bomb about to Explode?

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published in Blogs

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published in Blogs

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Central banks have been buying $2.4 billion in assets every hour for the past two months

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published in Blogs

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Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest

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published in Blogs

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Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

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published in Blogs

May 08, 2020

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate. Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.

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published in Blogs

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To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders. Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.