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Top Wall Street Analysts Think These Stocks Have More Room to Run


Carvana
When Carvana shares dipped lower in after-hours trading following its earnings release, Wells Fargo analyst Zachary Fadem was taken aback, noting we are scratching our heads. The online used car retailer, which has fallen 24% in the last three months, reported better-than-expected retail unit growth and beat his GPU estimate by 6%. It also posted a 50% narrower EBITDA loss than previously expected.
As such, Fadem reiterated a Buy rating. In addition, he left the $340 price target as is, suggesting 50% upside potential.
Fadem commented, CVNA continues to fire on all cylinders as average weekly units stepped up by +1,600/week (vs. +600-700 in Q3/Q4) suggesting throughput bottlenecks are alleviating, demand remains elevated and underlying business productivity is also tracking better-than-expected. ....

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Colin Rusch


Tesla Inc. (NASDAQ: TSLA) shares jumped more than 8% on Monday to top $500 for the first time, boosted by a huge price target hike from Oppenheimer.
The charge for Tesla also followed a positive remark on CNBC from Jim Cramer, who called the company s CEO Elon Musk, the new face of an. Read More. ....

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Fuel Cell | Benzinga


The fuel cell sector is still on fire after being reignited on Wednesday.
Ballard Power Systems (NASDAQ: BLDP) announced a $6 million deal with Chinese company, Telecom Backup Power Wednesday. Also announced was a deal with Azure to help assemble the final product.
More notable than the. Read More.
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