Things are heating up for General Motors (NYSE: GM) on the heels of a hot deal. Luxfer Holdings (NYSE: LXFR) wins over investors by maintaining a high standard with dividends.
Things are looking a lot cooler for Intel (NASDAQ: INTC), which gained slightly on Wednesday but remains a Strong Sell. The FTC comes for Deere & Company (NYSE: DE).
Keep reading to discover the biggest movers in the market — in both directions. 📈 Want more? Check out the biggest winners and biggest losers on WSZ.
🔥 HOT: Luxfer Holdings (NYSE: LXFR) gained 3.5% on Wednesday after it announced that it would keep its quarterly dividend at $0.13 per share. Concerns over whether or not the company would lower or eliminate its dividend kept some investors on the sidelines, but with that uncertainty out of the way, LXFR could be set up for a rally. The stock has gained 9.1% over the last three trading sessions and is up 58.1% over the last year. We give LXFR a Zen Rating of A and a Strong Buy recommendation due to the favorable sentiment surrounding the stock and its solid balance sheets. This latest development could also put momentum on its side and spark some solid growth in the short and mid terms.
🥶 NOT: Intel (NASDAQ: INTC) gained 2.7% on Wednesday but remains one of the riskiest chip plays early on in 2025. The company has had some recent success in the low-end consumer GPU space, but it’s not enough to propel it past the likes of AMD or Nvidia, both of which are way ahead in data center-level AI hardware. INTC has lost 58.0% over the last year, while NVDA has gained 147.6% over the same timeframe. We give INTC an F Zen Rating and a Strong Sell recommendation.
🔥 HOT: Shares of General Motors (NYSE: GM) rose by 1.5% on Wednesday after the company signed a deal worth several billion dollars with Norwegian graphite manufacturer Vianode. The deal will increase GM’s ability to churn out EVs by providing greater manufacturing capacity and synthetic anode graphite, a key material used in the manufacturing of EV batteries. GM has a Zen Rating of B and a Buy recommendation, and this latest deal sets the company up to compete in the increasingly competitive EV market.
🥶 NOT: The Federal Trade Commission (FTC) is suing Deere & Company (NYSE: DE), claiming that the company holds a monopoly over repairs of its agricultural equipment. The lawsuit is similar to the right-to-repair lawsuits in the tech industry and aims to make repairs more accessible. DE has gained 11.2% over the last year but lost 0.8% on Wednesday after the news broke. DE has a C Zen Rating due to its poor sentiment and low growth potential, and this news could lower its sentiment enough to cause a selloff.
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