Nasdaq Stocks

General Electric Company GE is scheduled to report fourth-quarter 2023 results on Jan 23, before market open.The Zacks Consensus Estimate for the company’s fourth-quarter earnings has decreased by a penny in the past 60 days. Howe

Lean hog futures faded by 12 to 35 cents across the front months on the last trade day of the week. That left the Feb contract at a net $1.15 loss for the week’s trade. USDA’s National Average Afternoon Base Hog price was $1.42 lower to $46.62. The CME Lean...

The front month cotton futures finished 0.5% to 1.8% higher on the last trade day of the week. The old crop futures again led the way, leaving the March contract at a net 264 point gain for the week and a 373 point premium to Dec. FAS Export Sales data...

Beans attempted to firm up for the weekend, but pressure set in in the afternoon. Futures ultimately finished fractionally to 1 ½ cents weaker on the day, leaving the March contract with a net 11c loss for the week. Soymeal futures closed $0.20 to $4.80 weaker on the day and...

Wheat futures were stronger on the last trade day of the week. Chicago closed up by 5 ¾ to 7 ¾ cents. KC HRW was 2 ¾ to 3 ¼ cents firmer for the day, while MGE prices were up by 0.7% to 1.1%. The week’s trade finished with CBT...

Front month corn prices ended the Friday session fractionally to 1 ½ cents higher. That left March at a net 1 ½ cent loss for the week’s move after printing new contract lows. Trade estimates ahead of the weekly Export Sales report are to see between 500k MT and 1.2...

Nearby live cattle futures ended the day 12 to 45 cents lower. Feeders faded by as much as 82 cents across the front months. USDA confirmed some minimal $172 WCB cash sales on Thursday. USDA confirmed Friday cash sales near $172-$173. Feeder cattle also rallied on Thursday with $2.35 to...

Do you envision a bull market for silver in 2024? If so, it might be difficult to participate in a silver rally if you can't conveniently put metals in your portfolio. Or maybe you'd just rather invest in a silver miner instead of physical silver or a silver ETF. That's where First Majestic Silver ( NYSE:AG ) ( TSE:FR ) comes in. For this year and beyond, I am bullish on silver as well as AG stock. First Majestic Silver is a Canadian company that mines for silver - a whole lot of silver, as we'll discover. After all, it's not a mere coincidence that First Majestic took the stock ticker "AG," which is the symbol for silver on the periodic table of elements. So, let's see if we can mine for profits with First Majestic, as AG stock is definitely more than just another shiny metal object in the markets. Why Choose First Majestic Silver Stock Instead of Silver Bullion? There's a logical argument for owning silver, and I expect it to rise this year. Electric vehicle batteries and solar panels often use silver, for example. Hence, it makes sense to hold silver coins and/or bars if that's feasible for you. However, you can also use First Majestic Silver stock as a proxy for silver and even get some leverage because AG stock sometimes magnifies the price moves of silver (in both directions, as you can see below). Moreover, silver itself doesn't pay a dividend, but First Majestic does (although it's a small one). In fact, for the third quarter of 2023, First Majestic Silver declared a dividend distribution of $0.0046 per common share. Furthermore, First Majestic Silver is a highly-respected silver miner with tens of thousands of hectares of prospective land in Mexico, a known hub of mineral production. Plus, First Majestic was incorporated way back in 1979, so this isn't a recent start-up with no history. The company is among the most active silver miners in the Western Hemisphere. In 2023's fourth quarter, First Majestic's total silver-equivalent production increased 6% quarter-over-quarter to 6.6 million ounces. For Fiscal Year 2023, the firm produced a mind-boggling 10.3 million silver-equivalent ounces. Also, First Majestic's  total debt has stayed steady over the past year at around $250 million to $255 million, which isn't unreasonably burdensome, especially relative to its total assets. The company's  total assets have grown over time to slightly more than $2 billion -- not too shabby for a so-called "junior miner," wouldn't you agree? Is AG Stock a Buy, According to Analysts? On TipRanks, AG comes in as a Hold based on one Buy and five Hold ratings assigned by analysts in the past three months. The average First Majestic Silver price target is $6.52, implying 38.4% upside potential. Conclusion: Should You Consider AG Stock? Not everyone wants to store silver bullion, and it's just not feasible for some investors. First Majestic Silver stock, on the other hand, can be bought in many brokerage accounts and even offers dividend payments. Consequently, if you're bullish on silver for 2024 and afterward, you might want to consider a position in AG stock. As First Majestic Silver ambitiously mines for silver, shareholders can participate if the silver price rises without holding any physical metals at all. Disclosure

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +1.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.95%. On Friday, stocks posted moderate gains, with the...

Have you ever thought about investing in the market for air taxis? Archer Aviation ( NYSE:ACHR ) is a premier player in an awesome, potentially hyper-growth industry. Sure, there are risks involved, but I am bullish on ACHR stock for the long term. Archer Aviation manufactures what's informally known as flying cars or air taxis. The technical name for them is electric vertical takeoff and landing (eVTOL) vehicles. So, get your boarding pass ready as we're about to take an informative trip with Archer Aviation. Archer Aviation is a Respectable Business There are risks involved when you're investing in a new, untested market. Consequently, I won't recommend that anyone should over-invest in ACHR stock. On the other hand, Archer Aviation is a respectable business enterprise and not just a fly-by-night operation. I'll acknowledge that Archer Aviation isn't a profitable company. However, as of September 30, 2023, Archer Aviation had a decent capital runway with nearly $600 million of liquidity, including cash and cash equivalents totaling $461 million. Furthermore, Archer Aviation is collaborating to help build eVTOL infrastructure in California, New York, and Florida. In addition, the company earned the “Transportation Design of the Year” award for 2023 from the MUSE Design Awards. Archer Aviation Has International Ambitions Archer Aviation has also successfully completed test flights for its Midnight eVTOL aircraft. This is a legitimate air taxi company, and Archer Aviation is preparing to plant its flag on more than one continent. While Archer Aviation has substantial operations in the U.S., the company is also eyeing the Middle Eastern market. Notably, Archer Aviation displayed its Midnight eVTOL aircraft at the 2023 Dubai Air Show. Speaking of Dubai, a major client there ordered 100 Midnight eVTOL aircraft in a deal worth approximately $500 million. Meanwhile, Archer Aviation disclosed its plans to launch an air taxi service in India in 2026. That's a region with a population of 1.4 billion, so just think about the revenue-generating potential for Archer Aviation in India. Is ACHR Stock a Buy, According to Analysts? On TipRanks, ACHR comes in as a Strong Buy based on four Buys and one Hold rating assigned by analysts in the past three months. The average Archer Aviation price target is $8.13, implying 60.7% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell ACHR stock, the most accurate analyst covering the stock (on a one-year timeframe) is Edison Yu of Deutsche Bank ( NYSE:DB ), with an average return of 47.84% per rating and an 80% success rate. Click on the image below to learn more. Conclusion: Should You Consider ACHR Stock? While it's risky to invest in a still-new niche industry, Archer Aviation is a legit company with a multinational presence. Hence, for a small share position in the exciting eVTOL market, I'm considering a position in ACHR stock. Disclosure

DigitalOcean Holdings, Inc. (DOCN) closed the latest trading day at $34.66, indicating a +0.49% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.23%. Elsewhere, the Dow s

CRISPR Therapeutics AG (CRSP) closed the most recent trading day at $61.99, moving +1.66% from the previous trading session. This move outpaced the S&P 500's daily gain of 1.23%. Meanwhile, the Dow experienced a rise of 1.06%,

Archer Aviation Inc. (ACHR) closed the most recent trading day at $5.06, moving +0.8% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 1.23%. On the other hand, the Dow registe

In the latest trading session, HubSpot (HUBS) closed at $581.40, marking a +1.31% move from the previous day. This change outpaced the S&P 500's 1.23% gain on the day. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasd

Adeia (ADEA) closed the latest trading day at $11.41, indicating a +1.42% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 1.23%. Elsewhere, the Dow gained 1.06%, whi

TJX (TJX) closed the latest trading day at $95.50, indicating a +0.79% change from the previous session's end. This change lagged the S&P 500's 1.23% gain on the day. At the same time, the Dow added 1.06%, and the tech-heavy N

Monday.com (MNDY) closed the latest trading day at $195.63, indicating a +1.34% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 1.23%. Elsewhere, the Dow gained 1.06

Patterson Cos. (PDCO) ended the recent trading session at $30.16, demonstrating a -0.56% swing from the preceding day's closing price. This change lagged the S&P 500's 1.23% gain on the day. Elsewhere, the Dow saw an upswing o

As the DEA considers whether to reclassify marijuana, U.S.-based cannabis stocks are attracting plenty of attention - but investors should also keep a close eye on insider buying activity focused on one Ontario pot heavyweight.

March ICE NY cocoa (CCH24 ) on Friday closed +125 (+2.80%), and Mar ICE London cocoa #7 (CAH24 ) closed +64 (+1.72%). Cocoa prices on Friday rallied sharply, with NY cocoa posting a 46-year nearest-futures high and London cocoa posting an all-time high. Tight global cocoa supplies continue to underpin...