I bought a lot of solar stocks back in January. I see solar as the big energy play of 2023, not hydrocarbons. Junior solar developers are REALLY cheap--but not because of cash flow multiples. Multiples are much higher than oil & gas. But the take-out value of solar projects--because of...
Pioneer Power Solutions has seen its stock nearly quadruple since March, and investors can be forgiven if they think it’s because of their sexy, mobile EV-charging products.
Source: Stockcharts.comThe stock went ballistic the day the company announced huge Q4 2022 financials—revenue up 172% to $9.5 million, with higher margins YoY. Most importantly—they reported real...
Oil bears? Anyone?
Maybe it’s just my feed, but the energy around energy on Twitter (excuse me, "X") is as bulled up as I've seen since, well, the last oil run.
Of course, that run was all about "the war", whereas this run is all about supply.
The lack there of.
Just last week we had J.P Morgan...
A US court could give two Canadian junior stocks a total of US$2.5 billion in July 2024, from the sale proceeds of the CITGO gas station chain--which has almost 5000 retail outlets across the USA. CITGO also has three refineries in the US processing more than 800,000 barrels a...
It's not 2024 yet--but I've been thinking where do I put my time, attention and MONEY next year at my generalist newsletter, InvestingWhisperer. After two years of a bear market in small & micro-cap stocks, I think 2024 will be a GREAT year--lower interest rates, more "risk-on" sentiment and low...
On Tuesday morning Stealthgas (GASS - NASDAQ) reported another HUGE quarter. Adjusted EPS came in at 31c per share - a big beat over average analyst estimates of only 15c per share.In the last nine months, Stealthgas has tabled adjusted earnings of $1.04 per share. With the stock trading at a little...
If you think interest rates don't have much farther to fall (after a fast 20% jump in TLT-NYSE), have a look at the last decade of REAL interest rates in this chart:
REAL interest rates are as high as they have ever been--even after the Street has started pricing in lower...
Solar stocks have taken a beating this year.
The Invesco Solar ETF (TAN – NYSE) is down over 35% from its peak.
Source: Stockcharts.com
Some of the worst performers have been former market darlings like Enphase (ENPH - NASDAQ) and SolarEdge (SEDG - NASDAQ).
Both sit at 52-week lows. Enphase is down 60% since the beginning of...