EV Surge Alert: Smart Picks & $10 Stocks on the Rise

Stocks moved higher Tuesday morning as investors welcomed a calmer tone in U.S.-Europe trade relations following a tense end to last week. The gains came after markets were rattled Friday by President Trump’s threat to impose a 50% tariff on European imports and target Apple’s foreign-made iPhones with potential levies—sending stocks into the red ahead of the long weekend.

Investor sentiment improved with the release of a stronger-than-expected consumer confidence report, providing a boost to Wall Street.

Looking ahead, attention turns to the Federal Reserve, with minutes from its latest policy meeting and the April reading of its preferred inflation gauge—PCE—set to be released this week. Early Tuesday, Minneapolis Fed President Neel Kashkari reiterated support for holding interest rates steady until more clarity emerges on the global trade outlook. Meanwhile, durable-goods orders for April posted a decline, reflecting weakness during the month Trump announced his sweeping tariff plan.

As of 11:16 AM ET, the Dow was up 498.75 points, or 1.1988%, at $42,101.82. The Nasdaq Composite added 396.9 points, or 1.9%, at $21,312.56. The S&P 500 rose 89.96 points, or 1.55%, at $5,892.78. Among the 11 major S&P 500 sectors, 10 showed positive movement, with Consumer Cyclical leading the way with a 1.34% increase.

Top Movers: Under $10 

DigiAsia Corp (FAAS) is up 28.19% today to trade at the current level of $0.84. This comes as the company is currently in the final stages of shortlisting investment banks to advise on its proposed US$100 million Bitcoin (BTC) treasury reserve initiative.

Digital Ally Inc (DGLY) zoomed 25.19% in today’s trade to $3.13. This rally can be attributed to news that Digital Ally is set to discuss Q1, 2025 earnings tomorrow.

In current trading, ZenaTech Inc (ZENA) stock is at $3.13 following an update on its “Clear Sky” project, an R&D initiative soon to be released in a beta application version.

BuzzFeed Inc (BZFD) rose 23.70% in the early hours of today's trading to move at $2.38. The strong performance of BZFD stock came as investors were encouraged by the securing of a $40 million loan.

In the current trading session, Foremost Clean Energy Ltd (FMST) jumped 23.57% to $3.24 over a previous close of $2.62 after regaining compliance with Nasdaq listing rules.

Ex-Dividends Stocks

CSP Inc (CSPI) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.03 per share. It has fixed May 28 as the record date for the same and will pay the actual dividend on June 11. Last year, the company distributed a total of $0.12 to its shareholders. Based on the last year's worth of payments, CSPI has a trailing yield of 0.81% on the current stock price of $14.74.

Another stock that is shelling out dividends tomorrow is Electronic Arts, Inc (EA), having a market capitalization of $36.79B. It will pay a dividend of $0.19 per share, the payment date of which is June 18. Currently, the stock is trading at a trailing dividend yield of 0.52%.

Shares of Embecta Corp (EMBC) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.15 per share, and in the last 12 months, it paid a total of $0.60 per share. Last year's total dividend payments show that EMBC has a trailing yield of 5.28% on the current share price of $11.36.

Yum China Holdings Inc (YUMC) is also set to go ex-dividend tomorrow. The next dividend payment from YUMC will amount to $0.24 per share. May 28 has been designated as the record date for this dividend, with the actual payout scheduled for June 18. In the previous year, YUMC distributed a total of $0.72 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for YUMC stands at 1.66% based on the current stock price of $43.47.

Wheaton Precious Metals Corp (WPM) will be paying out a dividend of $0.17 per share to shareholders holding their shares as of the close of the business hours on the record date of May 28. Over the past 12 months, WPM has paid out a total of $0.63 per share in dividends. Based on the total dividends paid out last year, WPM boasts an impressive trailing yield of 0.73% on the current share price of $85.97.

Crypto Market Highlights

• SharpLink Gaming has secured a $425 million private equity deal to launch an Ethereum-based treasury strategy and appointed Ethereum co-founder Joseph Lubin as chairman of its board.

• MARA Holdings, formerly Marathon Digital Holdings, has surpassed $5 billion in Bitcoin holdings and hit a record high in annualized mining revenue.

• StarkWare has introduced STARK Two (S-two), a zero-knowledge prover that allows users to generate cryptographic proofs directly on personal devices like phones and laptops.

• Fintech firms Taurus and Parafin have partnered to expand blockchain infrastructure for financial institutions across Europe and Latin America, with a focus on boosting crypto custody and settlement services.

• Circle, issuer of the USDC stablecoin, has launched a 24 million-share IPO, offering 9.6 million shares itself while selling stockholders will offer the remaining 14.4 million.

 Most Shorted Stocks

Lightwave Logic Inc (LWLG) was one of the most shorted stocks as of latest short interest figures, with 16.22% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 27.0. This represents a change of 570,000 shares, which corresponds to a +2.93% increase in short interest. The total value of the shares held short is estimated to be around $20.6 million. The average daily volume stands at 800.42K shares, and the market capitalization of the company is $128.68M.

The Spyre Therapeutics Inc with the symbol SYRE currently has a short interest of 24.50%. The short interest has changed by 800,000 shares. The days to cover ratio stands at 18.2. The estimated value of the shares held short is approximately $194.15 million. On an average day, 678.72K shares are traded, with the company's market capitalization totaling $933.67M.

For the stock Lineage Cell Therapeutics Inc (LCTX), the current short interest is at 13.61%. This represents a significant short interest change of 1,570,000 shares, corresponding to a short interest percentage increase of +5.52%. The days needed to cover the short positions amount to 23.4. The approximate worth of the shares held short is $20.7 million.

With the symbol UP, the stock currently has a short interest of 4.93%. The short interest change is -20,000 shares, compared with a short interest percentage change of -0.12%. It would take approximately 21.4 days to cover all the short positions. The shares short value is estimated to be around $50.4 million. The company boasts an average daily volume of 841.48K shares, contributing to a market capitalization of $1.18B.

The stock PROK has a current short interest of 17.15%. The short interest percentage has experienced an increase of +17.77% while there was a change of 2,360,000 shares in short interest. The ratio indicating the time required to cover short positions is 19.9. The calculated worth of the shorted shares amounts to around $11.74 million. Trading activity averages at 823.26K shares per day, while the company's market capitalization stands at $204.01M.

EV Stocks to Watch

According to our ST Score evaluation, General Motors Company (GM) emerges as a high-quality stock in the EV industry, attaining an impressive score of 51. The stock's profitability, performance, and Piotroski Score are strong. However, its growth, and financial strength are weak. Additionally, it is neutral in terms of stock sentiment, and forecast.

Our ST Score also classifies Freeport-McMoRan Inc (FCX) as a high-quality EV stock today, presenting a Score of 45. The stock has strong fundamentals in terms of profitability. However, it has weak performance, and financial strength. The growth, stock sentiment, Piotroski Score, and forecast are neutral.

Another stock in the category, ST Microelectronics (STM) has the ST Score of 51, which means that the stock carries the potential for higher returns. The stock is strong in profitability, and Piotroski Score. Performance, growth, financial strength, stock sentiment, and forecast suggest a neutral outlook.

Baidu Inc ADR (BIDU) stock has the ST Score of 48 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, and Piotroski Score, but its weaknesses are in its performance, and growth. However, it shows a neutral outlook in financial strength, stock sentiment, and forecast.

Toyota Motor Corporation ADR (TM) currently has the ST Score of 51, which signifies a huge upward potential. The EV stock's strong points are its profitability, performance, and Piotroski Score, while its weak points are its growth, and financial strength. The stock's stock sentiment, and forecast indicate a neutral outlook.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!