Tesla (NASDAQ:TSLA) stock was trading at $108 at the beginning of the year. In just over a month, TSLA stock delivered 100% returns. For fundamentally strong stories, the rally from oversold levels can be quick. This performance can be replicated in several EV stocks. Some EV stocks can surge by 100% in the next 6 to 12 months, if not in one month. The global markets face multiple uncertainties in the form of banking sector challenges, inflation, and a potential recession. EV sales will likely b
Mining giant Rio Tinto plc (NYSE: RIO) has partnered with BMW (Bayerische Motoren Werke ADR) (OTC: BMWYY) to develop more responsible, sustainable, traceable and secure supply chains. Under the new partnership, Rio Tinto plans to provide responsibly sourced aluminum to the BMW Group's vehicle production plant in Spartanburg, South Carolina, for use in body components from 2024. Low-carbon primary aluminum from Rio Tinto's hydro-powered operations in Canada, combined with recycled content, could
During the penny stocks euphoria in 2021, these stocks were largely linked to speculative activity. It’s, however, a myth that penny stocks are nothing beyond trading or speculating bets. There are exciting stories among low-priced stocks that can become big in the coming years. Therefore, I would pursue deeper research into some of the overlooked penny stocks for potential multibagger returns. I have used two basic screeners to identify the penny stocks. First and foremost, these stocks represe