Quick quiz: What's the one material Tesla Motors Inc (NASDAQ:TSLA) desperately needs more of if it's going to continue on with its mission of mainstreaming electric vehicles? If you said lithium -- the stuff used to make its big, powerful batteries -- you were right about a year and a half ago. The supply/demand imbalance has settled down since then, with miners finally getting up to speed with consumption.
The correct answer to the question is cobalt. Most investors may not even fully appreciate or even recognize it now, but the looming cobalt crunch is going to make the lithium crunch from yesteryear look like child's play... and that's great news for CobalTech Mining, Inc. (OTCMKTS:BNCIF, CVE:CSK).
Cobalt (Co) is a metal used in several commercial, industrial, and military applications. On a global basis, the leading use of cobalt is in rechargeable battery electrodes, and the batteries that power electric vehicles.� As of last year, the manufacture of electric vehicles became the most prolific use of cobalt, thanks to the aforementioned Tesla Motors along with a handful of fringe competitors. Thing is Tesla is only on pace to make just a few less than 100,000 electric vehicles this year, and there's already a supply problem. When Tesla Motors is cranking out 500,000 units per year by 2019, the lack of supply could be downright painful.
InvestorIntel crunched the numbers earlier this year, concluding:
Top Tech Stocks To Invest In 2019: InterXion Holding N.V.(INXN)
Advisors' Opinion:- [By Max Byerly]
Jacobson & Schmitt Advisors LLC lessened its holdings in shares of Interxion (NYSE:INXN) by 1.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,697 shares of the technology company’s stock after selling 1,927 shares during the quarter. Interxion comprises approximately 4.4% of Jacobson & Schmitt Advisors LLC’s portfolio, making the stock its 5th biggest holding. Jacobson & Schmitt Advisors LLC owned 0.14% of Interxion worth $6,378,000 at the end of the most recent quarter.
- [By Stephan Byrd]
Interxion (NYSE:INXN) had its price objective boosted by Citigroup from $68.00 to $75.00 in a research note issued to investors on Friday morning. Citigroup currently has a buy rating on the technology company’s stock.
Top Tech Stocks To Invest In 2019: Semtech Corporation(SMTC)
Advisors' Opinion:- [By Benzinga News Desk]
The wealthy are hoarding $10 billion of bitcoin in bunkers: Link $
ECONOMIC DATA US May MBA mortgage applications -0.4% vs, -2.5% prior USA Core PPI (MoM) for Apr 0.20% vs 0.20% Est; Prior 0.30%. USA PPI (MoM) for Apr 0.10% vs 0.20% Est; Prior 0.30% Data on wholesale trade inventories for March will be released at 10:00 a.m. ET. The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is schedule for release at 10:30 a.m. ET. The Treasury is set to auction 10-year notes at 1:00 p.m. ET. Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 1:15 p.m. ET. ANALYST RATINGS Cantor upgraded Arrowhead Pharmaceuticals (NASDAQ: ARWR) from Neutral to Overweight RBC upgraded Semtech (NASDAQ: SMTC) from Sector Perform to Outperform Morgan Stanley downgraded Adient (NYSE: ADNT) from Overweight to Equal-Weight Jefferies downgraded Beacon Roofing (NASDAQ: BECN) from Buy to HoldThis is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
Top Tech Stocks To Invest In 2019: NVIDIA Corporation(NVDA)
Advisors' Opinion:- [By Danny Vena]
Investors in NVIDIA (NASDAQ:NVDA) have had a lot to celebrate. The company's graphics processing unit (GPU) remains the gold standard among hardcore and casual gamers alike, and the advent of cloud computing and artificial intelligence (AI) have created vast new markets for NVIDIA's products.
- [By ]
So whether it's Twitter (TWTR) , up 11.4%, or Apple (AAPL) or Nvidia (NVDA) , the FANG stocks have an effect on all of them, Cramer concluded, and best of all, they are all totally unaffected by a looming trade war with China.
- [By Jayson Derrick]
NVIDIA Corporation (NASDAQ: NVDA) reported first-quarter results Thursday that turned Morgan Stanley incrementally bullish.
The AnalystMorgan Stanley's Joseph Moore maintains an Overweight rating on Nvidia's stock with a price target lifted from $258 to $273.
Top Tech Stocks To Invest In 2019: Match Group, Inc.(MTCH)
Advisors' Opinion:- [By The Ticker Tape]
Similar challenges may be in store for online dating service Match.com from Match Group Inc. (NASDAQ: MTCH), whose stock decline of -22 percent around the time of the Facedate announcement may have indicated investor concern regarding Facebook’s entry into the online dating market.
- [By Mac Greer]
Greer: Guys, speaking of passionate communities and controversy, let's talk Facebook. Facebook is getting into the online dating business.�Facebook CEO Mark Zuckerberg says the�new service is meant to help people find "long-term�relationships rather than hookups." The opt-in�feature will match users with�people they're not already connected to on the site. Let's�talk about the response from Match (NASDAQ:MTCH), which owns dating sites Tinder, match.com, OkCupid and PlentyOfFish --�I'm not even sure what that is,�PlentyOfFish. Shares of Match falling more than 20% on this Facebook news. Andy, what do you think?
- [By Leo Sun]
Tantan claims that its app, which is also often dubbed "China's Tinder", has already made over five billion matches since its launch in 2015. By comparison, Match Group's (NASDAQ:MTCH) Tinder reportedly made eight billion matches since its launch in 2012.
- [By Motley Fool Staff]
Stock No. 4: We're down to the M's. Match Group (NASDAQ:MTCH). Match.com. A lot of older people my age in our 50's or so, we grew up with that over the last 10 or 20 years. To me that's almost like the LinkedIn, but for dating. That's kind of the more corporate, professional world site, but many other people know and use Tinder, which is maybe for a younger generation. I'm sure it's used by people of all ages. Never by me, as a happily married man.
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