Thursday, May 20, 2021

Today’s stock pick update – Open Now

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Cryptos Surge Higher, Rebounding From Yesterday’s Plunge

The volatility in cryptos continues this morning with Bitcoin surging more than 12% to above $41,000 after falling as low as $30,000 yesterday. Ether is up more than 11% to $2,914.66, while XRP has gained 5% to $1.24. Dogecoin outperformed, spiking more than 16% to $0.41 after Tesla CEO Elon Musk called out the coin in a tweet. “How much is that Doge in the window?” Musk Read More

EuroDry Ltd (NASDAQ: EDRY): Drybulk transportation company EuroDry announced first quarter results this morning, as well as its agreement to acquire M/V Blessed Luck, a 76,704 dwt dfybulk vessel built in Japan. “In stark contrast to a year ago, it has been a very positive 2021 so far with drybulk rates rebounding significantly as a result of solid trade growth and limited supply ...

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BWA is up 29% year to date – is it done?

BorgWarner Inc. (BWA) is an example of a U.S. company that provides parts and services to major auto manufacturers, and that until last year I wouldn’t have considered as having a significant role in the electric vehicle segment. At the beginning of 2020, however, the company announced it had entered into an agreement to acquire Delphi Technologies. The deal closed in October of last year, giving the company exposure and opportuni...

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Establishment Labs Holdings Inc., a medical technology company, manufactures and markets medical devices for aesthetic and reconstructive plastic surgery. The company primarily offers silicone gel-filled breast implants under Motiva Implants brand. It also provides Divina 3D surgical simulation systems to plastic surgeons for use in pre-surgical patient consultations and planning; and Motiva Flora Tissue Expander, a breast tissue expander, as well as distributes Puregraft line of products for...

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