[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663604-77777000-android-org.gif/bigmoo)
Good Monday mooers, We hope you had a wonderful Thanksgiving!! ![]()
Welcome back to our weekly series, the WeeklyTop5Stocks, where we review the news and performance of the most popular stocks on Moomoo platform last week!!!![]()
Our LIVE column will back this week!! - $Zoom Video Communications(ZM.US$ will announce its Q3 earnings report today at 2:30 PM PST. Our @moo_Live will sync this event to the moo community for stockholders and fans to get the first-hand info, come and enjoy! ![]()
It is another messy week for stock market. But Top5 stocks still had good performance last week! ![]()
Here is the moomoo top 5 stock list for last week for your reference:
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663646-77777000-android-org.png/bigmoo)
NIO once again took the first seat of last week's TOP5 list, which is totallly not unexpected. NIO presented a relatively humble rise of 9.64% compare to the whole surging EV market. Whether its the investors' provision or capital buble that support NIO's current price, the market shall see its true nature in a short period of time.
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663660-77777000-android-org.jpg/bigmoo)
Mooers Comments:
@MHTSOS NIO is my main stock next to Tesla. I hold a lot of XPEV as well but for some reason I like NIO even though I know trading is about the right choices and not favoritism. EV is where the future is heading and China is loyal to their brands. Even if Tesla captures a huge portion of the market, I cannot see NIO doing too badly. Either way, it is a win, win if you hold both (or more). I trade the moment and am generally done within a few hours. Therefore I don’t really look at where Tesla, NIO, XPEV etc sit today. I only care about where they will be in 10 to 20 years.
@MHTSOS NIO is my main stock next to Tesla. I hold a lot of XPEV as well but for some reason I like NIO even though I know trading is about the right choices and not favoritism. EV is where the future is heading and China is loyal to their brands. Even if Tesla captures a huge portion of the market, I cannot see NIO doing too badly. Either way, it is a win, win if you hold both (or more). I trade the moment and am generally done within a few hours. Therefore I don’t really look at where Tesla, NIO, XPEV etc sit today. I only care about where they will be in 10 to 20 years.
TSLA reminded everyone who is the No.1 in EV market. Tesla closed at $585.76, with a weekly rise of 19.64%. We sincerely hope you did not engage in any activity of short selling TSLA. If you have made such desicions, alas, you may contact for bankrupt consultation (just kidding).
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663668-77777000-android-org.jpg/bigmoo)
If you are still not clear about the heat of EV market, check the stock price of XPEV. However, after surged in Monday, XPEV had been in a correction phrase, shrinking it weekly rise to 19.28%
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663674-77777000-android-org.jpg/bigmoo)
It seems PLTR finally received its bounty for contributing in hunding down Bin Laden. The stock have surged more than 150% since the begnining of November. Citron's short selling make PLTR dipped last Friday, resulted in a weekly rise of 52.4%.
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663682-77777000-android-org.jpg/bigmoo)
Marijuana stocks are still favored by the market. As a represent of industrial marijuana, the fluctation of SNDL's last week price made people wonder if you have taken a dose of their own product. By the end of Friday, the price surged 46.17%
![[WeeklyTop5Stocks] EV and Marijuana Surged, Setting New Records](https://ussnsimg.moomoo.com/1606748663688-77777000-android-org.jpg/bigmoo)
Mooer Comment:
@pennypincher If a stock is at 0.40 a share and they merge with a company who's stock is 20.00 a share how do they determine the outcome?
@pennypincher If a stock is at 0.40 a share and they merge with a company who's stock is 20.00 a share how do they determine the outcome?
Thanks for your reading! Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts. ![]()
1, AI Monitor for traders to get real-time price movement among thousands of stocks in the market.
2, Screener used to filter stocks based on user-defined metrics.
2, Screener used to filter stocks based on user-defined metrics.
We wish you have a great trading journey in moomoo! Whatever difficulties you met, we are always here for you. See you next week!![]()
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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PREMOSULTRAA : EV: I am not selling! Lol
70207296 : The EV market has plenty of room to grow and has not tapped its maximum potential. EV is indeed the future. Many people aren’t driving EV’s in comparison to gasoline vehicles. There will be mass adoption in the coming years.
Weed has not been legalized in all states due to this, there is still untapped growth.
HC Luck7 : SNDL is increasing with a good reason... I am not going to sell!!! It will increasing 10X than now...you will see. You will buy it from the supermarket just like you buy your alcohol today. This market will be another new market trend just like EV. I believe both will continue to increase as you can’t avoid the market trend...btw, SNDL is still at the low price to buy...next week >$1.0...let’s see!
Clownarado : I kinda doubt the economy is stable enough to support sustained price increases but I also don't think stocks are done running in short term yet.
Kenkkk HC Luck7 : wow! Excited! Let’s see...what is your target price of $$Sundial Growers Inc ()$ ?
HC Luck7 Kenkkk : Tomorrow: $1.0
Dec: $3.0-5.0
2021/April: $13.0
Not joking...price is increasing...Don’t miss the best price you can buy. Hold it until big movement next year!
Spartakus : theres a buy signal on it so it will i believe it be a good week for it
treydongui : to contradict myself a little I don't think EVs are oversold yet, but if they continue the upward momentum at this pace it would turn into another MJ crash scenario. Lots of upside here. and honestly this sector is a lot more stable than the marijuana sector so on second thought I don't know what the hell I'm talking about
Mcsnacks H Tupack : Ev and weed stocks could get destroyed tomorrow by congress if they vote no to weed and yes to banning Chinese stocks that refuse audits. Or they will triple in price if it goes the other way.
Popular on moomoo OP treydongui : You made your point clear enough![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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