Cryptocurrency prices started the week well as investors turned bullish on risky assets like stocks. This rebound was driven by news that Donald Trump was more flexible on tariffs ahead of his “Liberation Day” on April 2. This article provides forecasts for some popular cryptocurrencies like Floki (FLOKI), Chainlink (LINK), and Binance Coin (BNB).

Floki price analysis

Like other cryptocurrencies, Floki price has been in a strong downtrend in the past few months. This sell-off eased this week as the market reacted to a new DAO proposal that removes the TOKEN transaction tax on the network. 

In an X post, Floki said that a very significant partner had requested for the vote as a condition for having TokenFi integrated in its platform. The advantage of this vote is that it will let TokenFi be available to more users. It will also make it more attractive to centralized exchanges and whales. However, Floki will lose some of the tax revenue, which will affect its burn rate. 

Floki token price bottomed at $0.00005435 and has bounced back to $0.000065 this month. A closer look shows that the Relative Strength Index (RSI) and the Percentage Price Oscillator have formed a bullish divergence pattern.

Further, the Floki token has formed a falling wedge pattern comprising of two falling and descending trendlines. This pattern is one of the most bullish patterns in the market. The two lines of the wedge have crossed each other, pointing to more gains in the coming days.

Chainlink price analysis

Chainlink price has bounced back in the past few days, moving to a high of $15.0, its highest level since March 8. This rebound accelerated this week after the network partnered with ADGM, a leading player in the United Arab Emirates. Chainlink also reached a major milestone of having $20 trillion in transactions.

Further, there are chances that Chainlink will be one of the top coins added in Trump Media’s crypto ETFs. These funds will be launched in collaboration with Crypto.com, one of the biggest crypto exchanges in the industry. 

Chainlink’s daily chart has a close resemblance to that of the Floki token. It has formed a falling wedge pattern whose two lines have almost converged. LINK has moved slightly above the upper side of falling wedge pattern and is between the 61.8% and 78.6% Fibonacci Retracement level. 

The Relative Strength Index and the PPO have formed a bullish divergence pattern and are pointing upwards. Therefore, the LINK price will keep rising as bulls target the psychological point at $20.

Binance Coin (BNB) price analysis

The weekly chart shows that the BNB price has been in a strong rebound in the past few days. This rebound accelerated after the developers launched the Pascal hard fork last week. This hard fork introduced more Ethereum features on the network.

The weekly chart shows that the BNB price has been in a strong uptrend in the past few weeks. It has risen from a low of $505 to a high of $640. The coin has formed an ascending channel and is at the middle line. 

On the positive sign, it has formed a cup and handle pattern, a popular continuation sign in the market. This depth is about 75%, meaning that the BNB price will ultimately rise to over $1,100. 

On the other hand, the Relative Strength Index (RSI) and the PPO indicators have formed a bearish divergence pattern. Therefore, in this case, the bullish breakout will be confirmed if the price rises above the key resistance point at $690, the upper side of the cup. More gains will be confirmed if it rises above $793. 

The post Crypto price predictions: Floki, Chainlink, Binance Coin (BNB) appeared first on Invezz

Tesla stock price has bounced back in the past few days. It has risen from this month’s low of $218 this month to a high of $278, its highest point since March 17. Still, the stock has plunged by over 43% from its highest point this year, shedding billions of dollars in value. This article explains why the TSLA share price has crashed, and some of the best EV stocks to buy instead. 

Tesla stock price is at risk

The crisis at Tesla is accelerating after a report by the European Automobile Manufacturers Association showed that Tesla sales in the region crashed by 40% in February. Its sales in the region have dropped by 43% in the first two months of the year. 

Tesla’s sales have crashed, especially in Germany, after Elon Musk started talking about the country’s politics. Its European sales deviated from the industry as EV sales jumped by 16%.

Sales in other regions are not doing well too. For example, its Chinese business is struggling as it faces strong competition from the likes of BYD, Li Auto, Nio, and Xiaomi. All these companies are seeing double-digit sales growth as their demand remains robust. 

Tesla is also facing pressure in the US, where its vehicles are being vandalized because of Elon Musk’s politics and his relationship with Donald Trump. As such, there is a risk that the company’s deliveries there will keep rising. 

Tesla has other challenges. The most notable one is that it only sells four models: Model 3, Model Y, Model X, and Cybertruck. Many companies in the auto industry thrive by launching many models. 

Therefore, analysts recommend investing in other fast-growing electric vehicle stocks that are gaining market share. 

Read more: Tesla stock price forecast: 4 reasons TSLA is imploding

BYD

BYD is one of the best EV stocks to buy because of its strong market share, revenue growth, and its technology. Its most recent results show that its annual revenues jumped above $100 billion for the first time ever. These sales were about 29% higher than a year earlier, a notable thing since Tesla’s revenues largely stagnated last year. Tesla made over $98 billion in annual revenue last year.

BYD is a good EV stock to buy because of its innovation. It recently unveiled a new charging system that can move a vehicle from zero to 100% in about 5 minutes. This technology means that most EV buyers will consider it in the future.

Unlike Tesla, BYD is not a pure-play EV company. It is a big player in the hybrid vehicle industry, giving users concerned with EVs an alternative. Further, BYD is aiming to gain market share in countries in Europe and Southeast Asia. 

XPeng 

XPeng is another top EV stock to buy because of its aggressive growth and innovation. For example, the company anticipates that it will deliver between 91,000 and 93,000 vehicles this quarter, representing a 326% annual growth rate. 

The most recent numbers showed that its quarterly revenue rose by 60% to RMB 16.1 billion, while its gross margins expanded to 14.4% from 8.8% a year earlier. 

XPeng plans to launch more vehicle models to gain market share. It also plans to launch a flying car in 2026, a move that will diversify its revenue. 

Nio

Nio stock | Source: TradingView

Nio is another top EV stock to buy even as its shares continues to deteriorate. Results released last week showed that it delivered 72,689 vehicles during the quarter. Most of these vehicles came from its premium brand, while ONVO sold almost 20,000 vehicles. 

Nio’s quarterly revenue rose by 15.2% in the last quarter to $2.6 billion, while its gross margin expanded to 11.7%. The company expects to deliver between 41,000 and 43,000 vehicles this quarter, representing a quarterly growth rate of 36.4%. It sees its revenues rising by 24.8% this year. 

There are odds that the Nio stock price will rebound later this year. As shown above, the Nio stock price has formed a quadruple bottom with a neckline at $7.72. That is a sign that the stock will rebound later this year.

Read more: Nio stock price forecast: Here’s why it could surge 270% in 2025

The post Avoid the Tesla stock: buy Xpeng, BYD, Nio shares instead appeared first on Invezz

Electric vehicle stocks have been mixed this year, with Chinese brands like XPeng, BYD, and Li Auto doing well. American brands like Tesla, Rivian, and Lucid remained under pressure as their growth slows. This article explores how EV companies like Mullen Automotive (MULN), Polestar (PSNY), and Faraday Future (FFIE) are fairing this year.

Mullen Automotive (MULN)

Mullen Automotive is an electric vehicle company that operates in the United States. It is a fallen angel whose stock has crashed by almost 100% and its market cap dropping below $1 million. 

Mullen’s business has struggled because of weak demand and balance sheet. The most recent results showed that its revenue for the three months to December stood at $2.9 million. This happened as the company invoiced for 58 vehicles valued at $4.4 million and then received $6 million.

The company has a long record of deferring its revenue until invoices are paid and the return cause has been nullified. 

Mullen Automotive is burning millions of dollars. Its net loss in the fourth quarter stood at over $114 million. Most of these losses, or $91 million, were non-cash expenses. 

A company losing all that money can survive and thrive only if it has a solid balance sheet. Unfortunately for Mullen, it has one of the worst balance sheets in the US. It ended the quarter with just $2.7 million in cash, including restricted cash. Worse, it has a working capital of minus $186.2 million. Therefore, it is hard to imagine how the company continues as a viable going concern over time.

Read more: Mullen Automotive stock has imploded: can MULN recover?

Faraday Future (FFIE)

Faraday Future is another struggling EV stock that has existential challenges. Its stock has crashed by over 73% in the last 12 months, giving it a market cap of over $100 million. 

Faraday Future is working on revamping its business. Last year, it launched a software business that will see it sell its software to Chinese companies. It also launched Faraday X, a brand that targets the mass market. Its goal is to start manufacturing the vehicle by the end of the year.

The challenge, however, is that Faraday’s balance sheet is not as supportive as Mullen Automotive. It raised $30 million in the third quarter and $41 million this week. These funds are not enough for a company that is losing over $25 million a quarter. Therefore, there is a risk that Faraday will go bankrupt this year or soon. 

Polestar (PSNY)

Polestar stock price has moved sideways in the past few months. It has remained between the key support and resistance levels at $0.9865 and $1.25 in this period. The current price is about 43% below the highest point in 2024.

Polestar’s business is also struggling as its unit sales continue falling. It sold 12,548 vehicles in the third quarter, down by 8% from the same period a year earlier. Its revenue dropped by 10% to $551 million, leading to a net loss of $323 million. 

Polestar’s performance is notable since many EV companies, especially those focusing on the Chinese market, are seeing a double-digit growth rate. The company attributed its slowdown weaker sales of its Polestar 2 brand and higher discounts. It also experienced a drop in gross margins. 

Worse, Polestar’s balance sheet is not supportive. It incinerated $450 million in the last quarter, leaving it with $501 million in cash. To address that, it secured a $800 million term facility and is raising $400 million more. Some of these funds will be used to pay other loans. The company also announced a new CEO to lead its turnaround.

Read more: Are Polestar and Lotus Technology stocks good contrarian buys?

The post How are Mullen Automotive, Polestar, Faraday Future stocks doing? appeared first on Invezz

Exchange-traded funds (ETFs) by Pacer have become popular among value investors. In addition to their unique names, some of these funds are highly uncorrelated to the broader market. This article compares the US Cash Cows Growth ETF (BUL), US Small Cap Cash Cows 100 ETF (CALF), and the US Cash Cows 100 ETF (COWZ).

Pacer US Cash Cows ETF (COWZ)

The COWZ ETF is one of the biggest value-focused exchange funds with almost $24 billion in assets. It is a fund focusing on American companies with a long track record of growing their free cash flow.

Its portfolio creation follows a unique path, where it starts with the Russell 1000 companies. It then sorts these names in terms of their free cash flow, which is ranked by the trailing twelve-month (TTM) period. The company then selects 100 firms that have the highest TTM fre cash flow yield.

COWZ has 100 companies, most of them in the energy segment. They are followed by healthcare, consumer discretionary, technology, and consumer staples. The top companies in the fund are ConocoPhillips, Marathon Petroleum, Exxon, Chevron, and Ford Motor, 

Pacer US SMALL Cap Cash Cows 100 ETF (CALF)

CALF is a similar fund to COWZ, with the only difference being that it focuses on small companies. Whereas the COWZ fund starts its screening on the Russell 1000 index, CALF starts by screening the S&P SmallCap 600 companies. It initially ranks these firms by their free cash flow yield and then selects the top 100 firms. 

CALF’s constituent companies are mostly in the consumer discretionary sector, and are then followed by technology, industrials, energy, and healthcare. The fund’s biggest names are United Airlines, Expedia, Ovintiv, Flex, CF Industries, and Jazz Pharmaceuticals.

Read more: 4 great SWAN ETFs: RWL, SCHD, DGRO, COWZ

Pacer US Cash Cows Growth ETF (BUL)

The BUL ETF, on the other hand, also focuses on free cash flow. It works like COWZ and CALF, with the only difference being that it focuses on growth companies in the US. It screens the top 100 companies in the S&P 900 Pure Growth Index and then looks at the top 50 of them.

31% of these companies are in the consumer discretionary segment, while 29% ae in the industrials sector. The other companies are in the technology, healthcare, and consumer staples. Some of the top companies in the fund are Uber, Airbnb, Booking, Salesforce, Caterpillar, and IBM. 

COWZ vs. CALF vs BUL: better buy?

As described above, these funds are largely similar, with the only difference being the underlying index being screened. The other difference is their cost or expense ratio. COWZ is the most affordable with its expense ratio of 0.49%. CALF has an expense ratio of 0.59%, while BUL charges 0.60%. 

Analysts recommend investing in low-cost funds because these fees add up over time. For example, a $100,000 invested in COWZ will cost $490 a year and $4900 in ten years, excluding the compounding effect. A similar amount invested in BUL will cost $600 and $6,000 in the same period.

One should only consider investing in an expensive ETF if it has better returns. A closer look shows that COWZ has a total return of minus 1.20% this year, while CALF and BUL have dropped by 11.46% in the same period. 

COWZ has returned 16.5% in the last three years, while CALF has dropped 2.0%, and BUL has jumped by 18%. As shown above, the COWZ ETF returned 192% in the last five years, compared to CALF’s and BUL’s 157%. 

Therefore, historical performance shows that COWZ is a slightly better fund to invest in than CALF and BUL. It also beat the S&P 500 index in the same period. The CALF ETF, on the other hand, has been the worst performer in this period.

The post COWZ vs CALF vs BUL: Which free cash flow ETF is better to buy? appeared first on Invezz

The SCHD ETF has done well this year, as it outperformed mainstream funds like those tracking the S&P 500, Nasdaq 100, and the Dow Jones indices. It has risen by 2.8% this year, while the three blue-chip indices have dropped by over 1%.

Why the SCHD ETF has beaten blue-chip indices

The SCHD ETF has done well for two main reasons. First, as we wrote recently, the main reason why US stocks have crashed is not Donald Trump’s tariffs. Instead, it is the general fear that the AI bubble has burst and that US tech stocks have been highly valued. 

This explains why many large technology companies have surged in the past few months. This includes well-known brands like NVIDIA, Salesforce, AMD, and Apple. All companies in the Magnificent 7 group have dropped sharply this year. On the other hand, companies that are highly vulnerable to Donald Trump’s tariffs, like Ford and Kroger have done well.

SCHD is mostly unaffected by the challenges in technology and AI industry because it only has a small exposure in the tech industry. Technology companies account for just 10% of the fund. 

Second, the SCHD ETF has done well because the biggest companies in the fund are largely unaffected by Trump’s tariffs. The biggest names in the fund are in the pharmaceutical sector, and are firms like AbbVie, Amgen, Bristol-Myers Squibb, and Pfizer. 

While Donald Trump has vowed to add tariffs on imported drugs, these companies will not be affected since patients will continue to fill their prescriptions. Most of these drugs are paid for by insurance companies, which may decide to hike prices a bit.

The other big companies in the SCHD ETF is Coca-Cola, Chevron, Verizon, Blackrock, and Altria. Coca-Cola is widely seen as an all-weather company that does well in all market conditions. 

Chevron will also not be affected because it operates in the oil and has industry, while Altria’s business will continue doing well. 

SCHD ETF reconstitution ahead

The next main catalyst for the SCHD ETF will be the Dow Jones Index 100 Index reconstitution. The SCHD tracks this index, which undergoes a reconstitution each year. 

This reconstitution has already happened, but the real execution will happen on March 31st. As such, SCHD investors may be interested in the companies that enter the fund and those that exit. 

A notable thing that happened last year is that the SCHD fund removed Broadcom, which was a mistake as the stock surged. 

Several companies in the SCHD ETF will be removed this year. The most notable ones are Pfizer, Blackrock, US Bancorp, M&T Bank, KeyCorp, Huntington Bancorporation, Synovus, H&R Block, Tapestry, and DICK’s Sporting Goods. 

What is notable is that most of these companies are in the regional banks, an industry that has come under pressure in the past few years. 

The SCHD ETF will see an entry of some well-known companies across various industries. Some of the most notable new entry companies are Merck, ConocoPhilips, Target, General Mills, Archer-Daniels-Midlands, Moelis, Flowers Foods, Signet Jewelers, and Interpafums. Other companies that will be part of the SCHD fund are Federated Hermes, Autoliv, Schlumberger, and Halliburton. 

Therefore, there is a likelihood that the SCHD ETF will have some volatility after the reconstitution happens. In the long-term, however, its performance will likely continue as it has done in the past.

The post SCHD ETF: brace for big changes on this blue-chip fund next week appeared first on Invezz