Given that bitcoin has endured such a sharp drop, is now the time to buy? This is a question that several renowned financial analysts – including Michael Binger, president of Gradient Investments and Gina Sanchez, CEO of Chantico Global – have been trying to answer. Bitcoin Still Remains Quite Vulnerable to Price Swings Bitcoin initially rose to a new all-time high of approximately $64,000 per unit in mid-April. However, from there, the world’s number one digital...
Read More »Tesla (TSLA) Stock Jumps Over 5% as Jefferies Upgraded It to Buy
Tesla (TSLA) caught an upgrade Monday morning that sent its stock up over 5%. Even though some analysts see opportunity in the stock, many questions remain about how the COVID-19 crisis will affect electric-vehicle demand.Tesla Inc (NASDAQ: TSLA) jumped on Monday more than 5% at the opening after Jefferies raised its grade to buy. One of the reasons for upgrade was definitely the fact that Tesla is a clear leader in the electric-vehicle sector. Jefferies analyst Philippe Houchois explained...
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