⚡ Top EV Stocks to Watch: Will They Explode in 2026? 🚗💥

Stocks fell Tuesday as traders reacted to November’s jobs report, which showed 64,000 new jobs but a higher-than-expected unemployment rate of 4.6%. The S&P 500 dropped 0.3%, the Nasdaq remained flat, and the Dow Jones lost 120 points, or 0.3%.

Despite the strong job growth, October’s numbers were revised down by 105,000, raising economic concerns. The chance of a Fed rate cut next month rose slightly to 26%, though January remains unlikely.

Tech stocks, including Broadcom (-5.6%) and ServiceNow (-11.5%), struggled, while sectors like healthcare and utilities saw gains.

Top Movers: Under $10 

SRX Health Solutions Inc (SRXH) is up 94.32% today to trade at the current level of $0.59. This comes after the company announced that it has entered into a definitive agreement to acquire EMJ Crypto Technologies.

Rezolve AI PLC (RZLV) zoomed 32.54% in today’s trade to $3.08 after announcing a historic operating milestone.

In current trading, Autozi Internet Technology (Global) Ltd (AZI) stock is at $1.94 after announcing that it has signed a Memorandum of Understanding on Procurement Intentions with several potential buyers, representing a total amount of approximately USD $980 million.

Canopy Growth Corporation (CGC) rose 10.24% in the early hours of today's trading to move at $1.83 following reports of President Trump's push to reschedule marijuana, sparking optimism in the cannabis sector.

In the current trading session, Aldeyra Therapeutics Inc (ALDX) jumped 30.61% to $5.21 over a previous close of $3.99 after announcing PDUFA extension of the new drug application of Reproxalap for the treatment of dry eye disease.

Ex-Dividend Stocks

Horizon Technology Finance Corp (HRZN) 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 $0.11 per share. It has fixed February 17 as the record date for the same and will pay the actual dividend on March 13. Last year, the company distributed a total of $1.32 to its shareholders. Based on the last year's worth of payments, HRZN has a trailing yield of 20.21% on the current stock price of $6.53.

Another stock that is shelling out dividends tomorrow is Iradimed Corp (IRMD), having a market capitalization of $1.24B. It will pay a dividend of $0.5 per share, the payment date of which is December 30. Currently, the stock is trading at a trailing dividend yield of 0.70%.

Shares of Methanex Corp (MEOH) 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 $0.18 per share, and in the last 12 months, it paid a total of $0.74 per share. Last year's total dividend payments show that MEOH has a trailing yield of 1.92% on the current share price of $38.51.

Nordson Corp (NDSN) is also set to go ex-dividend tomorrow. The next dividend payment from NDSN will amount to $0.82 per share. December 17 has been designated as the record date for this dividend, with the actual payout scheduled for January 02. In the previous year, NDSN distributed a total of $3.16 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for NDSN stands at 1.33% based on the current stock price of $237.75.

New Mountain Finance Corp (NMFC) will be paying out a dividend of $0.32 per share to shareholders holding their shares as of the close of the business hours on the record date of December 17. Over the past 12 months, NMFC has paid out a total of $1.28 per share in dividends. Based on the total dividends paid out last year, NMFC boasts an impressive trailing yield of 13.37% on the current share price of $9.57.

Crypto Market Highlights

• Visa has launched USDC settlement for US financial institutions, starting with Cross River and Lead Bank on Solana, with broader rollout planned for 2026.

• Political narratives have driven memecoins to record highs, before triggering a sharp reversal, according to CoinGecko data.

• Custodia Bank, founded by Bitcoin advocate Caitlin Long, is intensifying efforts to obtain a master account at the US Federal Reserve with a new petition to the Tenth Circuit Court of Appeals.

• Spain’s CNMV has released a Q&A on how it will implement the EU's Markets in Crypto-Assets Regulation (MiCA).

• The UK's FCA has launched three consultations on new crypto market rules for exchanges, staking, lending, and DeFi, with feedback due by February 12, 2026.

Most Shorted Stocks

Nano Nuclear Energy Inc (NNE) was one of the most shorted stocks as of the latest short interest figures, with 36.73% 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 6.9. This represents a change of 544832 shares, which corresponds to a 4.59% increase in short interest. The total value of the shares held short is estimated to be around $383.78 million. The average daily volume stands at 3.45M shares, and the market capitalization of the company is $1.55B.

The Beyond Meat Inc with the symbol BYND currently has a short interest of 25.68%. The short interest has changed by 21415244 shares. The days to cover ratio stands at 1.5. The estimated value of the shares held short is approximately $126.08 million. On an average day, 197.44M shares are traded, with the company's market capitalization totaling $498.38M.

For the stock Plug Power Inc (PLUG), the current short interest is at 24.48%. This represents a significant short interest change of 31020433 shares, corresponding to a short interest percentage increase of 10.17%. The days needed to cover the short positions amount to 3.0. The approximate worth of the shares held short is $742.8 million.

With the symbol KSS, the stock currently has a short interest of 25.74%. The short interest change is 777687 shares, compared with a short interest percentage change of 2.80%. It would take approximately 3.0 days to cover all the short positions. The shares short value is estimated to be around $7.43 billion. The company boasts an average daily volume of 5.45M shares, contributing to a market capitalization of $2.48B.

The stock EVGO has a current short interest of 26.85%. The short interest percentage has experienced decrease of -0.80% while there was a change of -273353 shares in short interest. The ratio indicating the time required to cover short positions is 9.0. The calculated worth of the shorted shares amounts to around $89.18 million. Trading activity averages at 4.01M shares per day, while the company's market capitalization stands at $960.54M.

EV Stocks to Watch

According to our ST Score evaluation, Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) emerges as a high-quality stock in the EV industry, attaining an impressive score of 56. The stock's profitability, performance, growth, and Piotroski Score are strong. Additionally, it is neutral in terms of financial strength, stock sentiment, and forecast.

Our ST Score also classifies ST Microelectronics (STM) as a high-quality EV stock today, presenting a Score of 50. The stock has strong fundamentals in terms of profitability and Piotroski Score. However, it has weak performance. The growth, financial strength, stock sentiment, and forecast are neutral.

Another stock in the category, Toyota Motor Corporation ADR (TM) has the ST Score of 50, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, and Piotroski Score but weak in financial strength. Growth, stock sentiment, and forecasts suggest a neutral outlook.

Enersys (ENS) stock has the ST Score of 54, which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, and Piotroski Score, but its weaknesses lie in its growth. However, it shows neutral outlook in financial strength, stock sentiment, and forecast.

Aptiv PLC (APTV) currently has the ST Score of 55, 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. The stock's 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!