Archive Category: Green Zone Fortunes Alerts

Action to Take: Sell Shares of Hello Group Inc.

U.S. stocks seem to have found their footing as the Dow Jones Industrial Average hit 38,000 points for the first time in history and the S&P 500 climbed above 4,800 points to a new all-time high. But it doesn’t mean that every stock is in favor with investors. One sector of the market is taking a beating: Chinese stocks.

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Trade Alert: Sell Half of Your GNE Shares

Shares of Genie Energy (NYSE:GNE) are going “vertical” today. They’re up more than 15% from Friday’s close on the company’s earnings report, which showed a 54% year-over-year increase in revenue, to a record $125 million. When I recommended buying shares of GNE in the March 2023 issue of Green Zone Fortunes, I set a profit target of $38 over three years.

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Trade Alert: Sell Half of Your PWR Shares

Long-time Green Zone Fortunes readers know I’m bullish on the energy sector. And I won’t be fooled into picking sides between the legacy fossil-fuel producers and the up-and-coming renewable, or “green” energy companies. Sure, those two sides of the energy spectrum are battling among themselves for market share of the future of energy … but that doesn’t mean that investors can only do well if we pick the eventual “winner.”

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