Wayne Duggan - Spark Newswire

3 minute read

Cantor Fitzgerald’s Cannabis Conference: A Recap For Investors

Today, 3:05 PM

Last week, Cantor Fitzgerald hosted CEOs from 14 Canadian legal cannabis producers as part of its Cannabis Forum. The Canadian cannabis market has many tailwinds, including post-pandemic store reopenings, understocked inventories, favorable regulatory changes and industry consolidation, the firm's analyst Pablo Zuanic said in a note.

ACB

2 minute read

3 Oil Services Stocks With The Most Exposure To Hydrogen Production

By Wayne Duggan

Today, 3:05 PM

As the global energy sector transitions from fossil fuels to clean energy in the next several decades, the companies servicing the oil and gas industry are also looking to transition their businesses from servicing oilfields to servicing clean energy operations.

BKR

2 minute read

Economist Reacts To Flattening Yield Curve

By Wayne Duggan

Today, 3:05 PM

The Federal Reserve shifted market expectations in a significant way on Wednesday with its updated dot plot projections and commentary related to inflation.

SPY

2 minute read

The Best And Worst Possible Outcomes From The EV Revolution

By Wayne Duggan

Today, 3:05 PM

One of the hottest investment themes on Wall Street in recent years has been electric vehicles. This week, Bank of America analyst John Murphy updated his U.S. EV penetration forecasts to 7% by 2025 and 20% by 2030.

2 minute read

Morgan Stanley Upgrades Marathon Oil & Occidental Petroleum, Calls ConocoPhillips ‘Quality Stock On Sale’

By Wayne Duggan

Today, 3:05 PM

Crude oil prices hit multi-year highs this week above $70 pre barrel on optimism surrounding summer reopening and travel demand. On Friday, one Wall Street analyst adjusted his oil stock coverage ahead of what could be a big summer for oil stocks. The Analyst: Morgan Stanley analyst Devin McDermott issued the following oil stock rating changes:

COP

1 minute read

This Day In Market History: The Fitbit IPO

By Wayne Duggan

Today, 3:05 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2015, Fitbit went public.

FIT

3 minute read

Jim Cramer Clashes With WallStreetBets: ‘Forget Stocks, It’s Too Hard For You’

By Wayne Duggan

Today, 3:05 PM

Jim Cramer has taken a lot of heat from Reddit's WallStreetBets community since they led the charge in targeting the two stocks to trigger short squeezes earlier this year.

AMC

2 minute read

If You Invested $1,000 In Naked Brand Stock One Year Ago, Here’s How Much You’d Have Now

By Wayne Duggan

Today, 3:05 PM

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return over the last12 months is 42%. But there is no question some big-name stocks performed better than others along the way.

NAKD

2 minute read

Why This Caterpillar Analyst Wants More Clarity On Hydrogen, Rail Strategies

By Wayne Duggan

Today, 3:05 PM

Caterpillar Inc. (NYSE: CAT) shares were trading lower Thursday after one analyst said the company’s rail and hydrogen initiatives leave much to be desired.

CAT

2 minute read

EXCLUSIVE: EVgo CEO Cathy Zoi Talks Charging Station Growth Drivers, Major Auto Industry Partnerships

By Wayne Duggan

Today, 3:05 PM

Cathy Zoi, CEO of EVgo, joined Benzinga’s "SPACs Attack" show Wednesday.

CLII