Millennial
July 7, 2023 | Daily JAM, Millennial, SEDG, Top 50 Stocks |
This breakthrough in solar power isn’t enough to stop global warming by itself, but it sure is enough to upend the entire energy sector within the next five years. Multiple research groups (and “multiple’ is important here because it means there’s more likelihood that the lab results will hold up to scrutiny. Two groups published the details of their efficiency breakthroughs in the journal Science on Thursday, and at least two others are known to have pushed well beyond 30%.) have reported a breakthrough that will push the efficiency with which solar cells convert sunlight to electricity through the 30% level that has been thought to mark the maximum conversion of sunlight to electricity.
June 23, 2023 | ALB, Daily JAM, LAC, Mid Term, Millennial, PILBF, Top 50 Stocks |
Spot lithium carbonate prices (for battery-grade lithium) in China are up 92% from a 19-month low in April. So now what?
June 3, 2023 | Daily JAM, Long Term, Millennial, PANW, Top 50 Stocks |
Shares of Palo Alto Networks (PANW) rose by 5.59% in after-hours trading on Friday. The reason? News that the stock will be added to the Standard & Poor’s 500 index before the market open on June 20. Managers of portfolios that follow the index have to buy shares of Palo Alto to keep up with the change. The move to membership in the index increases ownership of the shares just as the stock is exhibiting extraordinary upward momentum. Shares of the cyber-security company are up 55.68% for 2023 to date as of the close on Friday, June 2, and up 22.81% in the last month. That performance rests on a record of high sustained growth. It’s the “sustained” part that I think the market finds so valuable right now.
May 17, 2023 | Daily JAM, LAC, Millennial |
One of the last remaining barriers to Lithium Americas’ (LAC) Thacker Pass lithium mine project in Nevada fell yesterday.
March 8, 2023 | Daily JAM, FQVLF, Millennial, SCCO |
First Quantum Minerals (FQVLF) has reached an agreement on a new concession contract with Panama’s government over its huge Cobre Panama copper mine. The agreeent, assuming tht a final signing goes ahead, would end a months-long dispute that has halted ore processing and export shipments. The Cobre Panama mine accounted, before the dispute, for 1.5% of global copper production.
March 3, 2023 | Daily JAM, LAC, Millennial |
Lithium Americas (LAC) isn’t letting any grass grow under its feet. Just a day after the 9th U.S. Circuit Court of Appeals refused a request for an emergency injunction that would have blocked construction at the Thacker Pass, Nevada, the proposed site of what could become the largest North American source of lithium, the company announced that it had begun construction of the massive strip mine.
March 2, 2023 | Daily JAM, LICY, Millennial |
Today’s Quick Pick is Li-Cycle Holdings (NYSE: LICY). Li-Cycle is in the start-up stage of building a hub and spoke system to recycle lithium batteries. As more electric vehicles enter the market, companies that can recycle the lithium from their batteries has drawn a lot of investment dollars, both because fulfilling the green potential of electric vehicles requires closing the battery loop and because recycling provides a supply increasingly expensive of battery materials such as lithium, cobalt, and nickel. And there are new incentives in the field because the Inflation Reduction Act included money for loans/funding for recycling companies. Most of the new entrants are private. One of the few publicly traded battery recycling companies is Li-Cycle. Li-Cycle started as a SPAC, a formerly popular way to take a company, but now the market is largely shunning SPAC companies out of fear that they will run out of capital before they hit breakeven. However, Li-Cycle just announced it had received conditional approval for a $375 million loan from the Department of Energy, allowing it, by my calculations, Â to finish their Rochester hub. The hub recovers marketable lithium, cobalt, and nickel from the black mass that the company collects from batteries. Once the hub is completed, it will go from a cash drain on the balance sheet to a generator of cash. This is a risky stock. The shares are down 57% since I added them to my Milliennial Portfolio on November 15, 2021 but they are up 21% for 2023 to date as of March 2. This one is for the strong of stomach willing to take a risk and hold on to it through dips as the company starts to generate revenue and earnings.
February 28, 2023 | Daily JAM, LAZR, Millennial |
Shares of Luminar Technologies (LAZR) closed up 6.23% Monday, February 27, added a another 0.91% during today’s regular session, and then fell 2.01% in after hours trading on the company’s announcement of substantial progress toward cash flow positive by the fourth quarter of 2023.
February 21, 2023 | Daily JAM, Jubak Picks, Millennial, PANW, Stock Alerts, Top 50 Stocks |
After the market close on February 21, cyber security company Palo Alto Networks (PANW) reported fiscal second-quarter 2023 year-over-year revenue growth of 26% to $1.7 billion. Billings in the quarter also rose by 26% to $2.0 billion. The rock-solid consistency of revenue and billings growth in this quarter and as projected for the rest of the year got a cheer from the market. In after-hours trading shares gained 8.56%.
February 16, 2023 | CHPT, Daily JAM, DIS, EVGO, Jubak Picks, Millennial, NVDA, Top 50 Stocks, TWLO, Volatility |
The rally on February 15 sure looked like a speculative blowout of the kind that often signals a market top. For me, it was the last straw and I’m selling into the rally. This post tells you what I’m selling and how I arrived at these decisions. But first, a few words on Wednesday’s move.
January 29, 2023 | Daily JAM, Millennial, Volatility |
An 11% rally in a sector leader, like Tesla (TSLA) on Friday translated into a jump in other stocks in the sector. But not all equally. The move was most clearly concentrated in shares of electric vehicle charging stocks.
December 12, 2022 | Daily JAM, Millennial, PILBF, Special Reports |
On  December 8 I made Australia’s Pilbara Minerals (PILBF) my Quick Pick Video. Today I’m adding it to my Special Report: “Own the Future for Pennies with These 10 Penny Stock Picks as Pick #9. And tomorrow I’m adding it to my Millenial Portfolio: For Investors with More Time Than Money.
