Nkla Stock Good Or Bad
Should you buy nikola corporation nasdaq.
Nkla stock good or bad. As a result nikola will have around 1 0 billion in cash to fund. Its value score of f indicates it would be a bad pick for value. That s followed by this week s high at 37 95 and the 40 mark. Nkla stock was bought by a variety of institutional investors in the last quarter including blackrock inc arrowstreet capital limited partnership morgan stanley point72 asset management l p charles schwab investment management inc california public employees retirement system state street corp and squarepoint ops llc.
Nkla revenue ttm data by ycharts a compelling story but a massively risky investment look anyone who really thinks nikola has justified a market cap that s already higher than ford s is wrong. Personally i believe that the company has gained a lot of traction and i will continue buying shares of the company at different price points. Why do people get so delusional about bad stocks i m looking at you nkla despite being in a downturn at the moment the fact is there are plenty of strong stocks with solid fundamentals and lots of runway for growth my favorite happens to be ma. Currently nikola makes up about 0 38 of my portfolio.
7 of the best cheap stocks for december on the upside bulls need to see nkla take out the 20 day moving average. The bad news is that shareholders want to sell over 20 of the company giving the stock an overhang until these shares are sold. Nkla has had an extremely volatile week for its stock price. So it s a good idea to compare a stock s debt to equity ratio to its industry to see.
See nkla stock analysis on tipranks to find good ideas for stocks trading at attractive valuations. There is not enough information from analysts to make recommendations about the stock yet.