EV Watch: High-Growth Stocks & $10 Market Movers

Stocks Telegraph



The Newsheater daily Mid-Day Newsletter is Powered by Stocks Telegraph

Good Evening Traders!

U.S. stocks edged higher on Tuesday, as investors sought to build on the previous session's gains, which were driven by hopes that U.S. tariffs may be narrower in scope.

As of 11:30 AM ET, the Dow was up 78.52 points, or 0.18439%, at $42661.84. The Nasdaq Composite added 92.114 points, or 0.45645%, at $20272.559. The S&P 500 rose 12.87 points, or 0.22314%, at $5780.44. Among the 11 major S&P 500 sectors, 7 showed positive movement, with Communication Services leading the way with a 1.02% increase.

Despite the positive momentum in the market, investors largely brushed off the March consumer confidence data released on Tuesday. The report showed a notable decline in consumers' near-term outlook on income, business, and job conditions.

The Conference Board’s monthly confidence index fell to 92.9, missing the Dow Jones forecast of 93.5. The measure for future expectations dropped to 65.2, its lowest level in 12 years, signaling a potential recession ahead.

Don't let uncertainty wreck your portfolio - buy these 7 stocks

Uncertainty may well be the theme of 2025.

There is one thing I can be certain of, however... A lot of things can be left to chance, but your financial future shouldn't be one of them.

Forget moonshots, unicorns, and flash in the pans... you need real returns, real consistently.

That's why I've decided to release my "7 Stocks to Buy and Hold Forever" absolutely free for a limited time.

These stocks are hand-selected for the right combination of stability, returns, and income potential.

In fact, the AVERAGE return on these stocks in '24 was 20%, not including dividends! We're talking a triple digit average over the last five years...

See these 7 stocks and exactly why they made the list - while it's still free!.
Sponsored

Top Movers: Under $10

Tenon Medical Inc (TNON) is up 316.11% today to trade at the current level of $4.07. This comes after the company announced FDA clearance of the Catamaran(R) SI joint fusion system for a new indication to augment spinal fusion.

Desktop Metal Inc (DM) zoomed 87.67% in today’s trade to $4.26 after announcing that the Delaware Court of Chancery has ruled in favor of Desktop Metal in its pending litigation against Nano Dimension Ltd. and Nano US I, Inc. regarding the merger agreement between Desktop Metal and Nano dated July 2, 2024.

In current trading, DatChat Inc (DATS) stock is at $4.29 after announcing that its Myseum Social Media Platform for storing and sharing digital photos and content is now available as a download on Apple iOS and Android devices.

Predictive Oncology Inc (POAI) rose 78.92% in the early hours of today's trading to move at $2.00 after announcing that it has successfully developed predictive models derived from 21 unique compounds from the Natural Products Discovery Core (NPDC) at the University of Michigan Life Sciences Institute.

In the current trading session, Actinium Pharmaceuticals Inc (ATNM) jumped 29.53% to $1.93 over a previous close of $1.49 after announcing that it has entered into an agreement for the supply of Actinium-225 with Eckert & Ziegler.

Disrupting a Trillion Dollar Market

Isn't it time we build houses like everything else? BOXABL thinks assembly line automation can lead to building homes faster, at a higher quality, for a lower cost. Protected by 53 patent filings, BOXABL has raised over $170M since 2020 from over 40,000 investors.

They believe BOXABL has the potential to disrupt a massive and outdated trillion dollar building construction market.

Click here to learn more about investing in BOXABL.


Sponsored

Ex-Dividends Stocks

Acme United Corp (ACU) 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 $0.15 per share. It has fixed March 26 as the record date for the same and will pay the actual dividend on April 16. Last year, the company distributed a total of $0.60 to its shareholders. Based on the last year's worth of payments, ACU has a trailing yield of 1.50% on the current stock price of $39.88.

Shares of Flexsteel Industries, Inc (FLXS) will be the talk of the stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.17 per share, and in the last 12 months, it paid a total of $0.64 per share. Last year's total dividend payments show that FLXS has a trailing yield of 1.62% on the current share price of $39.49.

Tomorrow, Mercer International Inc (MERC) is also set to go ex-dividend tomorrow. The next dividend payment from MERC will amount to $0.07 per share. March 26 has been designated as the record date for this dividend, with the actual payout scheduled for April 02. In the previous year, MERC distributed a total of $0.30 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for MERC stands at 4.46% based on the current stock price of $6.73.

Armada Hoffler Properties Inc (AHH) will be paying out a dividend of $0.14 per share to shareholders holding their shares as of the close of the business hours on the record date of March 26. Over the past 12 months, AHH has paid out a total of $0.30 per share in dividends. Based on the total dividends paid out last year, AHH boasts an impressive trailing yield of 3.75% on the current share price of $7.87.

Google closes secret $20B deal with Apple to become iPhone's default search engine

The deal continues to fuel Google's ad revenue engine which makes an eye-popping +$250 billion annually.

Mode Mobile wants smartphone users to get their piece of that money.

They're flipping the data industry on its head, splitting the profits with their users by turning smartphones into an income-generating asset. Here's what that looks like:

β€’ Paid over $325M to over $45M users.
β€’ Generated 32,481% 3-year revenue growth.
β€’ Ranked #1 fastest-growing software company by Deloitte in 2023.

πŸ“² Their EarnPhone is being called the Uber of smartphones, and they're gearing up for a potential IPO on the Nasdaq (ticker: $MODE).

Invest in Mode and earn your stake in this $1T industry.


Sponsored

Crypto Market Highlights

  • CME Group is piloting tokenized asset solutions using Google Cloud Universal Ledger (GCUL) to enhance capital market efficiency and wholesale payments. 

  • An exploit targeting GMX token pools on the decentralized lending protocol Abracadabra.Money resulted in a loss of approximately $13 million worth of cryptocurrency, as reported by PeckShield on March 25.

  • US President Donald Trump's trade war with China and increased focus on on-shore Bitcoin mining are expected to benefit US mining rig manufacturers, which currently hold a small market share compared to Chinese counterparts like Bitmain.

  • DigitShares is launching RealEstate.Exchange (REX) on Polygon, enabling tokenized real estate trading.

  • BlackRock has launched a Bitcoin exchange-traded product (ETP) on multiple European stock exchanges.

 Most Shorted Stocks

Fuelcell Energy Inc (FCEL) was one of the most shorted stocks as of latest short interest figures, with 23.02% 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 4.3. This represents a change of 30000 shares, which corresponds to a +0.62% increase in short interest. The total value of the shares held short is estimated to be around $23.38 million. The average daily volume stands at 964.04K shares, and the market capitalization of the company is $101.91M.

The Riot Platforms Inc with the symbol RIOT currently has a short interest of 24.55%. The short interest has changed by 6250000 shares. The days to cover ratio stands at 2.3. The estimated value of the shares held short is approximately $677.45 million. On an average day, 28.97M shares are traded, with the company's market capitalization totaling $3.02B.

For the stock Workhorse Group Inc (WKHS), the current short interest is at 22.49%. This represents a significant short interest change of 610000 shares, corresponding to a short interest percentage increase of +7.25%. The days needed to cover the short positions amount to 3.1. The approximate worth of the shares held short is $21.2 million.

With the symbol BTBT, the stock currently has a short interest of 36.93%. The short interest change is -1290000 shares, compared with a short interest percentage change of -3.73%. It would take approximately 1.9 days to cover all the short positions. The shares short value is estimated to be around $21.65 million. The company boasts an average daily volume of 16.46M shares, contributing to a market capitalization of $438.75M.

The stock HIMS has a current short interest of 28.57%. The short interest percentage has experienced an increase of +12.40% while there was a change of 5720000 shares in short interest. The ratio indicating the time required to cover short positions is 2.6. The calculated worth of the shorted shares amounts to around $1.22 billion. Trading activity averages at 21.88M shares per day, while the company's market capitalization stands at $8.11B.

The Tariff-Proof Asset in Your Pocket

Tariffs are crushing industries and sending stocks into a tailspin. Supply chains are disrupted, costs are soaring, and big companies are struggling to keep up. But Mode Mobile is built differently.

Mode Mobile keeps growing-paying users to turn their screen time into earnings. 45M+ users, $325M+ saved and earned, and 32,481% revenue growth prove it. It's a business model that can thrive in economic downturns, and they've just secured their $MODE stock ticker with the Nasdaq.

More importantly, you can still invest in their vision of turning every smartphone into an EarnPhone. Their pre-IPO offering is open for a limited time at $0.26/share, with up to 100% bonus shares for early investors.

Invest in Mode's pre-IPO offering at just $0.26/share.


Sponsored

EV Stocks to Watch

According to our ST Score evaluation, Enersys (ENS) emerges as a high-quality stock in the EV industry, attaining an impressive score of 62. The stock's profitability, performance, financial strength, and Piotroski Score are strong. However, its growth is weak. Additionally, it is neutral in terms of stock sentiment, and forecast.

Our ST Score also classifies Cirrus Logic, Inc (CRUS) as a high-quality EV stock today, presenting a Score of 61. The stock has strong fundamentals in terms of profitability, performance, financial strength, and Piotroski Score. However, it has weak growth. The stock sentiment, and forecast are neutral.

Another stock in the category, Honda Motor ADR (HMC) has the ST Score of 58, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, financial strength, and Piotroski Score but weak in growth. Stock sentiment, and forecast suggest a neutral outlook.

Li Auto Inc ADR (LI) stock has the ST Score of 56 which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, financial strength, and Piotroski Score. However, it shows a neutral outlook in growth, stock sentiment, and forecast.

Teck Resources Ltd (TECK) currently has the ST Score of 56, which signifies a huge upward potential. The EV stock's strong points are its profitability, and Piotroski Score, while its weak points are its performance. The stock's growth, financial strength, 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!