Dear Readers,

Stocks are predominantly climbing on Friday following a robust rally yesterday. All eyes remain on chip giant Nvidia, as the rally fueled by excitement over artificial intelligence technology persists. 

As of 11:44 AM ET, the Dow was up 123.1211 points, or 0.3151%, at $39192.23. The Nasdaq Composite lost -41.7246 points, or -0.2317%, at $17962.979. The S&P 500 rose 4.5503 points, or 0.0894%, at $5091.58. Among the 11 major S&P 500 sectors, 7 showed positive movement, with Utilities leading the way with a 0.35% increase.

Nvidia's shares surged another 4% on Friday, propelling the company to a historic $2 trillion market cap. Meanwhile, the yield on the 10-year Treasury note slightly decreased to 4.32% early on Friday, compared to the previous day.

Top Movers: Under $10

AXT Inc (AXTI) is up 67.76% today to trade at the current level of $3.81. This comes after the company released fourth quarter and fiscal Year 2023 financial results.

Maravai LifeSciences Holdings Inc (MRVI) zoomed 60.67% in today’s trade to $8.21 after reporting fourth quarter and full year 2023 financial results.

In current trading, Enveric Biosciences Inc (ENVB) stock is at $1.02 following news that the company has agreed to sell one of its cancer-related patent portfolios for an undisclosed amount.

EzFill Holdings Inc (EZFL) rose 31.20% in the early hours of today's trading to move at $1.64. The company recently announced that, based on the information and data currently available, it expects to report FY2023 revenues of approximately $23 million, an increase of approximately $8 million, or 54% from the prior year.

In the current trading session, Nextdoor Holdings Inc (KIND) jumped 18.02% to $2.03 over a previous close of $1.72 after announcing that Nirav Tolia, co-founder of Nextdoor, will return to the company as Chief Executive Officer, President and Chairperson of the Board.

Ex-Dividends Stocks

Keycorp (KEY) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.2 per share. It has fixed February 27 as the record date for the same and will pay the actual dividend on March 15. Last year, the company distributed a total of $0.82 to its shareholders. Based on the last year's worth of payments, KEY has a trailing yield of 5.72% on the current stock price of $14.32.

Another stock that is shelling out dividends on Monday is NextEra Energy Inc (NEE), having a market capitalization of $116.95B. It will pay a dividend of $0.52 per share, the payment date of which is March 15. Currently, the stock is trading at a trailing dividend yield of 3.28%.

Shares of S&P Global Inc (SPGI) will be the talk of stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.91 per share, and in the last 12 months, it paid a total of $3.60 per share. Last year's total dividend payments show that SPGI has a trailing yield of 0.82% on the current share price of $439.15.

Prospect Capital Corporation (PSEC) is also set to go ex-dividend on Monday. The next dividend payment from PSEC will amount to $0.06 per share. February 27 has been designated as the record date for this dividend, with the actual payout scheduled for March 20. In the previous year, PSEC distributed a total of $0.72 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for PSEC stands at 12.58% based on the current stock price of $5.72.

Crypto Market Highlights

Most Shorted Stocks

Atmus Filtration Technologies Inc (ATMU) was one of the most shorted stocks as of latest short interest figures, with 31.15% 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 14.2. This represents a change of -100000 shares, which corresponds to a -1.96% decrease in short interest. The total value of the shares held short is estimated to be around $114.55 million. The average daily volume stands at 661.09K shares, and the market capitalization of the company is $1.91B.

The Vital Energy Inc. with the symbol VTLE currently has a short interest of 26.58%. The short interest has changed by 580000 shares. The days to cover ratio stands at 7.6. The estimated value of the shares held short is approximately $294.9 million. On an average day, 830.09K shares are traded, with the company's market capitalization totaling $1.67B.

For the stock Zynex Inc (ZYXI), the current short interest is at 30.58%. This represents a significant short interest change of 330000 shares, corresponding to a short interest percentage increase of 5.99%. The days needed to cover the short positions amount to 17.8. The approximate worth of the shares held short is $75.63 million.

With the symbol LFST, the stock currently has a short interest of 30.20%. The short interest change is 3240000 shares. It would take approximately 23.1 days to cover all the short positions. The shares short value is estimated to be around $162.13 million. The company boasts an average daily volume of 1.18M shares, contributing to a market capitalization of $2.37B.

The stock STEM has a current short interest of 27.37%. The short interest percentage has experienced increase of +0.03% while there was a change of 10000 shares in short interest. The ratio indicating the time required to cover short positions is 9.2. Trading activity averages at 4.14M shares per day, while the company's market capitalization stands at $409.24M.

Energy Stocks to Watch

According to our ST Score evaluation, Gulfport Energy Corp. (GPOR) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 66.0. The stock's profitability, performance, growth, and stock sentiment are strong. Additionally, it is neutral in terms of value, financial strength, Piotroski Score, and forecast.

Our ST Score also classifies Enerplus Corporation (ERF) as a high-quality Energy stock today, presenting a Score of 65.0. The stock has strong fundamentals in terms of profitability, performance, stock sentiment, and Piotroski Score. The value, growth, financial strength, and forecast are neutral.

Another stock in the category, Euronav NV (EURN) has the ST Score of 63.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, financial strength, stock sentiment, and Piotroski Score but weak in growth. Value, performance, and forecast suggest a neutral outlook.

Dorchester Minerals, L.P. (DMLP) stock has the ST Score of 60.0 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, and financial strength, but its weaknesses are in its value. However, it shows neutral outlook in growth, stock sentiment, Piotroski Score, and forecast.

MPLX LP (MPLX) currently has the ST Score of 61.0, which signifies a huge upward potential. The Energy stock's strong points are its profitability, performance, financial strength, stock sentiment, and Piotroski Score, while its weak points are its growth. The stock's value, and forecast indicate a neutral outlook.

1. Powering the Future: 5 Top Energy Stocks to Watch