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Green hydrogen stocks could be incredibly explosive.

For one, “Analysts at the investment bank noted that while the hydrogen sector has underperformed so far in 2021, it could get a serious boost from the Biden administration, with the U.S. Department of Energy recently announcing plans to reduce green hydrogen’s production costs by 80%,” according to CNBC.

In fact, Biden reportedly has a $15 billion plan for emerging technologies, like hydrogen.

In addition, “Hydrogen infrastructure is burgeoning across the world, with 7 active hydrogen refueling stations in the US and 43 in the US. There are fuel-cell busses operational in Asia, Europe, the UK, and Canada; thousands of fuel-cell trucks operating worldwide; and hydrogen fuel stock is under examination for industrial feedstock and heating, aerospace, shipping, and power generation use cases,” notes Benzinga.

Two, Goldman Sachs called hydrogen a “once in a lifetime opportunity,” adding, the addressable market could be worth up to $11.7 trillion in the next 30 years.

Analysts at Bank of America says green hydrogen could be worth more than $11 trillion by 2050. In addition, analysts at UBS say hydrogen could make up 10% of global energy consumption over the next 30 years, with the market potentially hitting $1 trillion.

“Global discussions around the potential for a hydrogen (H2) economy have accelerated in the past 12-months…H2 has been well discussed as one of the major contributing forces in helping decarbonize the world’s economy, in particular given that some industries cannot easily make the battery shift,” USB analysts said, as also quoted by CNBC.

Some of the top hydrogen stocks to keep an eye on include Plug Power (PLUG), Bloom Energy (BE), FuelCell Energy (FCEL), and Ballard Power Systems (BLDP).

The post Here’s How to Invest in a Potential $11 Trillion Hydrogen Market appeared first on Morningology.

One of the best ways to build wealth is with dividend stocks.

In fact, according to a Janus Henderson Global Dividend Index report, as noted by Insider Monkey, “U.S. dividend stocks were remarkably resilient, rising 2.6% year over year to a new high of $503.1 billion in 2020. The report mentioned that North America performed well primarily because companies were able to save cash and preserve dividends by suspending or reducing share buybacks. According to Janus Henderson’s best-case scenario, dividends will increase by 5% to $1.32 trillion in 2021.”

Some of the top companies that have raised dividends recently include:

FedEx (FDX), for example, just raised its quarterly dividend to 75 cents a share, a 10-cent increase from the prior dividend. The dividend is payable July 12, 2021 to stockholders of record at the close of business on June 28, 2021.

MGM Growth Properties (MGP) declared a quarterly cash dividend of $0.515 per share. On an annualized basis, the dividend of $2.06 represents an increase of $0.08 per share. This is the 13th dividend increase since MGP’s initial public offering in April 2016. The dividend will be payable on July 15, 2021 to shareholders of record as of the close of business on June 30, 2021, as noted in a company press release.

H&R Block (HRB) also increased its quarterly dividend by 4%, representing the fifth increase in the dividend in six years and a 35% total increase over that time frame. The quarterly cash dividend is now $0.27 per share, payable on July 1, 2021 to shareholders of record as of June 25, 2021, as noted in a company press release.

Chubb Limited (CB) increased its dividend to $3.20 per share annually ($0.80 per share, per quarter) from $3.12 per share ($0.78 per share, per quarter). This marks the twenty-eighth consecutive annual increase in the company’s dividend.

Lowe’s Companies (LOW) declared a quarterly cash dividend of eighty cents ($0.80) per share, payable August 4, 2021, to shareholders of record as of July 21, 2021. Based on its confidence in the company’s continued business momentum, its growth trajectory and strong cash flow generation, the board of directors approved a 33 percent increase in the quarterly cash dividend. Lowe’s has paid a cash dividend every quarter since going public in 1961, and it has increased the dividend for more than 25 consecutive years.

The post These 5 Companies Just Raised Their Dividends appeared first on Morningology.

Keep an eye on Coca-Cola (KO).

After a snub by Cristiano Ronaldo, KO pulled back slightly, enough to wipe out about $4 billion of market value. “During a Euro 2020 press conference on Monday, soccer superstar Cristiano Ronaldo irritably moved two bottles of Coca-Cola, one of the official sponsors of the event, and then picked up a bottle of water,” reported CBS News.

We wouldn’t read too much into the snub, though.

The stock is already benefiting, as restaurants and theatres reopen all over the world.

In addition, Credit Suisse just reiterated a buy rating on the stock with a price target of $62. Morgan Stanley is also bullish on the stock, having reiterated an overweight rating with a price target of $64 a share. Analyst Dara Mohsenian has ““a high degree of conviction that Coke will post an above-average consensus top-line recovery through 2022,” as noted by Barron’s.

Shares of KO appear to have already bottomed out around $54.95.

The post Cristiano Ronaldo-Fueled Weakness in Coca-Cola is Temporary appeared first on Morningology.

The electric vehicle race is on.

Countries all over the world want millions of electric vehicles on the roads, with the International Energy Agency (IEA) estimating we could see 135 million EVs in the next 10 years.

All in an effort to reduce global emissions.

Fueling the boom even more, General Motors just announced it will boost global spending on EVs to 435 billion through 2025. The automaker will build two additional battery plants in the U.S. “We’re committed to an all-EV future,” said GM CEO Mary Barra, as quoted by Reuters. “We had a lot of conversations about a lot of things that we can do to enable EV adoption.”

The news comes just a month after Ford increased its spending to more than $30 billion by 2030. In addition, “Ford and other global automakers are racing to shift their gasoline-powered lineups to all electric power under pressure from regions like Europe and China to cut vehicle emissions. Ford rival General Motors Co has said it aspires to halt U.S. sales of gasoline-powered passenger vehicles by 2035,” as reported by CNBC.

While you can always invest in hot EV stocks, like Tesla, Nio, and Li Auto, ETFs offer a good deal of exposure at less cost, too.

Global X Autonomous & Electric Vehicles ETF (DRIV)

One of the best ways to diversify your EV portfolio is with an ETF, such as DRIV. Not only does this ETF give investors exposure to EV and autonomous stocks, such as Tesla, Qualcomm, Nio, Apple, Microsoft, and Nvidia, it does so at less cost. For example, if you were to buy 10 shares of every listed stock in this ETF, it would cost thousands of dollars. However, with this ETF you can gain exposure to those very stocks at just $28 a share.

iShares Self-Driving EV and Tech ETF (IDRV)

Another top ETF to consider is IDRV. This one also offers diversification at less cost. For $48 a share, an investor can gain exposure to stocks such as Tesla, Qualcomm, NVIDIA, Apple, General Motors, and Alphabet. Over the last few months, the ETF has jumped from $27 to $49 and could see higher highs as the EV boom continues to accelerate.

 

The post Two Great Ways to Trade the Electrifying EV Boom appeared first on Morningology.

Millions of Americans are dealing with extreme heat again.

In fact, some U.S. hotspots could see temperatures soar over 120 degrees this week. If you’re in these areas, please stay safe, healthy, and as cool as possible.

According to The Washington Post, “The heat in many areas is dangerous, prompting excessive-heat warnings in seven states where temperatures will be hazardous to human health. The heat also reinforces a devastating drought that continues to reshape the landscape of the West while bolstering worries of what lurks ahead in the fall come fire season. More than half of the western United States is gripped by extreme or exceptional drought.”

Making things even more dangerous is fire season.

In 2020, fire season in the West burned more than eight million acres.

Hopefully, it won’t be as bad this year, though.

However, as reported by CBS News, “By almost any measure the drought in the Western states this year is about as bad as we’ve ever seen — perhaps the worst in modern history. A severe lack of rainfall over the past two years, combined with a steadily heating climate, has turned California into a tinderbox, setting the stage for what will likely be a catastrophic fire season ahead.”

Even PG&E is warning millions of people to prepare for power outages, with demand on the grid likely to push explosively higher. In addition, California grid operator CAISO, as noted by Energy Storage News, issued an alert that excessive heat may force them to ask people to reduce their electricity use.

There is some good news, though.

PG&E just launched a strategy to help keep power flowing, with three types of microgrids, according to Microgrid Knowledge. Those include Remote, off-grid facilities located at the end of wildfire prone distribution lines. Distribution microgrids for key resources, such as hospitals, in towns and cities, in addition to Substation microgrids.

That demand should also be a major catalyst for stocks, like CleanSpark (CLSK).

As reported by NBC News, “As mounting weather-related power failures hammer the country’s electrical grid, a growing number of homeowners are looking for new ways to get their power. For those with the means, that search has led to a boom in microgrids, which allow residents to hitch a power source such as natural gas, wind or sun to technology that can convert that energy into electricity.”

Stay tuned for more.

The post Devastating Heat Wave Could Fuel Upside for this Microgrid Stock appeared first on Morningology.

Cryptocurrencies have been crushed.

Not only did China ban financial and payment institutions from cryptocurrencies, even the European Central Bank described cryptocurrencies’ “exorbitant carbon footprint” as “grounds for concern,” as also noted by the Financial Times.

However, don’t count out the digital currencies just yet.

With plenty of global adoption, retail, and institutional interest, analysts like BTIG Julian Emanuel still has a $50,000 price target on Bitcoin. He also says institutions have been buying after the crash. “The fact we’re bouncing off $30,000 as hard as we’re bouncing speaks to the fact that the institutional investors we are talking to continue to see this as a viable alternative in a diversified portfolio,” said Emanuel, as quoted by CNBC.

While investors can always buy the cryptocurrency miners, such as Marathon Digital Holdings (MARA), Riot Blockchain (RIOT), HIVE Blockchain (HVBTF), and Bit Digital (BTBT), they can also buy the dip in some of the top companies holding Bitcoin.

In fact, some of the top crypto-related stocks to consider on the pullback are Square (SQ), PayPal (PYPL), and MicroStrategy (MSTR).

The post The Top Cryptocurrency Stocks to Consider on Temporary Weakness appeared first on Morningology.

One of the best ways to build wealth is with dividend stocks.

In fact, according to a Janus Henderson Global Dividend Index report, as noted by Insider Monkey, “U.S. dividend stocks were remarkably resilient, rising 2.6% year over year to a new high of $503.1 billion in 2020. The report mentioned that North America performed well primarily because companies were able to save cash and preserve dividends by suspending or reducing share buybacks. According to Janus Henderson’s best-case scenario, dividends will increase by 5% to $1.32 trillion in 2021.”

Here are three dividend stocks you may want to consider.

Lumen Technologies (LUMN) has a dividend yield of 7.23%

Lumen Technologies pays a dividend yield of 7.23%.

The company just posted net income of $475 million, as compared to $314 million year over year. Diluted EPS of 44 cents was also better than the 29 cents posted year over year.

“We generated solid Adjusted EBITDA and Free Cash Flow in the first quarter, and we remain on track to achieving our financial targets for the year,” said Jeff Storey, president and CEO. “As we continually invest in our platform capabilities and forge valuable strategic partnerships, we remain uniquely positioned to meet our enterprise customers’ evolving needs.”

Altria Group (MO) has a yield of about 7%

Altria has a yield of about 7%.

“We are off to a strong start to the year and believe our businesses are on track to deliver against full-year plans. Against a challenging comparison, our tobacco businesses performed well in the first quarter and we continued to make progress advancing our non-combustible portfolio,” said Billy Gifford, Altria’s Chief Executive Officer.

“We announced another important milestone in Altria’s journey in Moving Beyond Smoking. We now have full global ownership of on! oral nicotine pouches as we recently closed transactions to acquire the remaining 20% global interest.”

Verizon (VZ) has a yield of about 4.44%

Verizon has a yield of 4.44% at the moment.

“Verizon is off to an excellent start in 2021 as we met the challenge of intense competition in the first quarter by achieving revenue growth across our three business segments,” said Verizon Chairman and CEO Hans Vestberg. “This year began with a transformative milestone for our company with our success in the recent C-Band spectrum auction. We continue to strengthen our networks, execute on our Network-as-a-Service strategy and focus on the five vectors that underpin our growth framework and position us to deliver success in 2021 and beyond.” +

For first-quarter 2021, Verizon reported EPS of $1.27, compared with $1.00 in first-quarter 2020. On an adjusted basis (non-GAAP), first-quarter 2021 EPS, excluding a special item, was $1.31, compared with adjusted EPS of $1.26 in first-quarter 2020.

The post Three Attractive Dividend Stocks to Add to Your Portfolio appeared first on Morningology.

Gold is offering a goldmine opportunity.

After pulling back to less than $1,700 this year, gold is back above $1,900, and could see $2,500. With inflationary pressures, high levels of spending, and the U.S. dollar pulling back, this may be the best time to accumulate gold stocks.

Better, there are plenty of gold bulls.

Guggenheim’s CIO Scott Minerd for example says gold prices could run anywhere between $5,000 and $10,000 an ounce. As money leaves crypto and people are still looking for inflation hedges, gold and silver are going to be much better places to go,” Minerd told CNBC in an interview. It will take some time due to the sheer size of the gold market, but the precious metal will enter an “exponential phase,” Minerd said, as quoted by Kitco.

Lee Munson, president and CIO of Portfolio Wealth Advisors says gold could see $2,200. “I don’t buy gold for a crisis. I buy it because when there’s a crisis, and I think the central banks are going to print money like there’s no tomorrow, that’s the time when I want to have a larger holding of gold,” he said, as also quoted by Kitco.

Some of the top trades to consider as gold pushes higher include:

· Kirkland Lake Gold Ltd. (KL)
· Barrick Gold Corp. (GOLD)
· Newmont Corporation (NEM)
· Global X Gold Explorers ETF (GOEX)
· VanEck Vectors Gold Miners ETF (GDX)

The post The Top Ways to Trade the Potential for $2,200 Gold appeared first on Morningology.

Chicken stocks are clawing higher.

As we noted on May 6, 2021:

“There’s now a chicken sandwich war among McDonald’s, Popeyes, and Wendy’s. KFC can’t even keep up with demand these days, telling some restaurant owners to remove chicken tenders from online menus because of tighter supply. Two, grilling season is just around the corner, which could increase demand even more. With folks wanting to get outside to enjoy the weather between Memorial Day and Labor Day, chicken demand and prices could soar.”

Now Burger king is launching its chicken sandwich on June 3. “Taco Bell, meanwhile, opted to bring back its Naked Chicken Chalupa—the infamous taco with a fried chicken shell—on May 20 in a bid to ‘disrupt the chicken wars,’” says Restaurant Business Online.

Since that note on May 6, stocks like Tyson Foods (TSN) ran from about $72 to $79.50.

Even Sanderson Farms (SAFM), which ran from a 2021 low of $125 to $162.75, is up big.

SAFM reported that, “Net sales for the second quarter of fiscal 2021 were $1,133.9 million compared with $844.7 million for the same period a year ago. For the quarter, the Company reported net income of $96.9 million, or $4.34 per share, compared with net income of $6.1 million, or $0.28 per share, for the second quarter of fiscal 2020.”

With the supply-demand situation getting worse, related stocks could fly higher.

The post This is Why Chicken Stocks Are Likely to Climb Higher appeared first on Morningology.

Tesla is struggling at the moment.

All after news of recalls. “One recall covers 5,530 vehicles, comprising 2018-2020 Model 3 and 2019-2021 Model Y cars, because fasteners that secure the front seat shoulder belt to the b-pillar may not be properly attached. The other recall covers 2,166 Model Y vehicles from 2019-2021 because fasteners that secure the left and right second-row seat belt retractors may not be properly attached,” says Reuters.

The other recall has to do with brake caliper bolts, which could come loose on the 2019-2021 Model 3s and the 2020-2021 Model Ys. The company will inspect and replace the bolts. It also doesn’t help that China sales declined by nearly half in May 2021.

In fact, according to The Information, “Tesla vehicle orders in China fell by nearly half in May compared to April, according to internal data, as the electric car pioneer grappled with public outcry and government criticism over its handling of consumer complaints. Taken together, the developments put in doubt Tesla’s vaunted position and success in the world’s biggest electric vehicle market.”

At the moment, investors seem to be shrugging off the bad news.

However, that may be a mistake, seeing that the company expected for China to make up 40% of its global sales by 2022. In addition, TSLA rivals are all showing big signs of life.

NIO, for example, nearly doubled its sales in May 2021. “NIO delivered 6,711 vehicles in May 2021, representing a solid 95.3% year-over-year growth. The company maintains and reiterates the delivery guidance of 21,000 to 22,000 vehicles in the second quarter of 2021,” says NIO.

Even the XPEV stock is soaring. All after strong delivery numbers. In May, the company delivered 5,686 vehicles, which was 500 vehicles higher than the 5,147 delivered in April. Helping, Citi analyst Jeff Chung just raided his price target to $50.30 with a buy rating. In addition, “Nomura analyst Martin Heung initiated coverage of XPeng with a Buy rating and $47 price target, calling the company the best China electronic vehicle player,” as reported by The Fly.

The post The Top Electric Vehicle Stocks Investors May Want to Consider appeared first on Morningology.