Walmart Inc (NYSE: WMT) is trading at an all-time high above $160. Can it keep breaking new highs or is a pullback coming? Wall Street analysts believe that Walmart stock has more fuel to push to new heights within the next 12 months. The average analyst target price sees a 10% gain TipRanks analysts have…
A short squeeze is when traders who heavily short a stock start to cover their short positions by buying back the stock. This increases demand for the stock, and it pushes the price higher, forcing other short sellers to buy back. The more a stock is shorted, the bigger the squeeze when it happens. This…
Costco Wholesale Corp (NASDAQ: COST) has had a decent run this year, making new highs within the past 12 months. However, after reaching a peak in July, the stock has since pulled back. Are new highs in sight for Costco? Wall Street analysts believe that COST stock is likely to move higher within the next…
Tesla (NASDAQ: TSLA) stock made an impressive 10% gain in one week. This comes on top of the stock’s stellar performance of 138% year-to-date. But what drove this last week’s surge and can it happen again in September? Tesla cut prices on some of its models As China’s electric vehicle (EV) competition heats up, Tesla…
Trading a short squeeze is a popular strategy because the stock price can go beyond real valuation. The way it works is traders borrow a certain stock, they sell it with the hope of buying it back cheaper and returning the stock to the lender. However, when millions of shares are bought back, it’s likely…
Small-cap stocks are trading at low valuations compared to large-cap S&P 500 stocks. With the chances of recession lowering, this could be a good time to load up on ‘riskier’ plays. Finbold analyzed on August 31 the best stocks under $10 in terms of growth potential and selected the two most promising stocks. Archer Aviation…
Target Corp (NYSE: TGT) had a great start to the year, returning over 20% in January alone. This quickly turned, however, and the stock price has now underperformed the S&P 500 with a loss of 16% year-to-date. What’s wrong with Target? Target is a huge retailer that operates over 1,900 stores in the US and…
Boeing (NYSE: BA) stock has been trading mostly flat throughout 2023. The stock started to move higher in July following its Q2 report, where it beat expectations. Regardless of what happened this year, Wall Street analysts believe that Boeing stock can make new highs in the next 12 months. The average analyst target price sees…
Tesla (NASDAQ: TSLA) short sellers have already lost billions of dollars in the past few years. Even Warren Buffett famously said he “doesn’t want to compete against Elon Musk” as he sold Tesla’s competitor shares of the Chinese EV company BYD. This was a remarkable year for Tesla’s stock price as it gained 120% year-to-date,…
To short a stock, traders need to borrow it first and then sell it. Once a stock that is heavily shorted starts to climb, it forces short sellers to buy back the stock and return the shares to the lender. This is known as a short squeeze and often pushes the stock price beyond real…