Wolfe Research has identified a group of stocks that are prime targets for short sellers in the current market. By analyzing 16 different screens for short-sale candidates, the firm has compiled a list of companies that exhibit characteristics such as valuation, earnings quality, capital allocation, and sentiment that make them vulnerable to a price drop.
Profit
The recent price surge of Ethereum, the second-largest cryptocurrency by market capitalization, against Bitcoin has set the stage for a potential altcoin season. Renowned cryptocurrency analyst Michael van de Poppe believes that the approval of Ethereum ETFs in the United States will further elevate the altcoin market. Typically, altcoin seasons follow a cycle where Bitcoin
The blockchain gaming industry is taking a major leap forward with the launch of the $AFK token presale, marking the first GameFi and GambleFi project on the TON blockchain. This unique venture combines meme culture with social gaming and gambling, catering to the growing community of crypto-savvy meme enthusiasts. Participants in the presale have the
In the world of cryptocurrency, innovation and real-world utility are highly sought after qualities. This is where $TRUMP Coin, launched by TrumpCrypto.io, comes into the picture. With a total token supply of 8,000,000,000 and a pre-sale price of 0.016 USDT, $TRUMP Coin aims to revolutionize the cryptocurrency space with its unique features and philanthropic mission.
As the markets approach the official start of summer, bitcoin may not see the same levels of growth that were experienced in the previous month. While the flagship cryptocurrency saw a significant 13% jump in May, marking its eighth monthly gain in the past nine months, there are concerns that June may not be as
In the bustling world of cryptocurrency, new projects are constantly emerging, each vying for the attention of investors and enthusiasts. One such project that has made waves recently is Penguiana, a penguin-themed meme coin built on the Solana blockchain. With a fully diluted valuation of $4 million and a market cap exceeding $2.5 million, Penguiana
Investors have been riding high on the semiconductor sector in recent years, enjoying substantial returns on their investments. However, there are signs that a downturn may be on the horizon. With Nvidia (NVDA) showing signs of potential profit-taking after its post-earnings surge, it might be time for investors to consider hedging against further downside in
Boeing CEO Dave Calhoun and other company executives are set to meet with the Federal Aviation Administration to showcase a comprehensive quality improvement plan. This plan aims to address issues related to staff training and production practices within Boeing’s factories, following a critical incident involving a 737 Max 9 airplane earlier this year. The FAA
Baird recently initiated UnitedHealth as outperform, citing the health insurance company as a favorite idea at the firm. The firm views UnitedHealth Group as the most vertically and horizontally integrated Managed Care company, with a $597 price target indicating a potential 20% upside. Evercore ISI upgraded Okta to outperform from in line after the identity
Nvidia, a prominent beneficiary of artificial intelligence technology, recently reported impressive financial results. Following this announcement, the company’s stock price experienced a significant surge of approximately 20% in just three trading days. Year-to-date, Nvidia’s shares have more than doubled, marking a substantial increase of around 120%. With a market capitalization of $2.8 billion, Nvidia now