MicroVision, Inc. (NASDAQ:MVIS) has been quietly churning out high tech imaging and laser scanning technology for years. But MVIS stock began to soar last fall on news it was developing a lidar system for the automotive sector.
Between the start of December 2020 and Feb. 16 of this year, MVIS stock rocketed up by more than 920%. After a quick correction, it’s surged several times since, hitting a decade-long high close of $26.44 on April 26.
Hot High Tech Stocks For 2022: Nuveen New York Dividend Advantage Municipal Fund(NAN)
Nuveen New York Quality Municipal Income Fund, formerly Nuveen New York Dividend Advantage Municipal Fund, is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from both regular federal and New York state income taxes. The Fund invests over 80% of its managed assets in securities rated, at the time of investment, investment grade or if they are unrated. It may invest over 20% of its managed assets in municipal securities rated below investment quality. It offers products, which include mutual funds, closed-end funds, separately managed accounts, exchange-traded funds and commodity exchange-traded products. It invests in sectors, such as consumer discretionary, consumer staples, education and civic organizations, financials, healthcare, housing/multifamily, housing/single family, industrials, transportation, utilities, and water and sewer. The Fund’s investment advisor is Nuveen Fund Advisors, LLC. Advisors’ Opinion:
- [By Shane Hupp]
Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) announced a monthly dividend on Tuesday, October 2nd, Wall Street Journal reports. Investors of record on Monday, October 15th will be given a dividend of 0.048 per share by the financial services provider on Thursday, November 1st. This represents a $0.58 annualized dividend and a yield of 4.69%. The ex-dividend date is Friday, October 12th.
Hot High Tech Stocks For 2022: CRESCO LABS INC(CRLBF)
Cresco Labs Inc., together with its subsidiaries, cultivates, manufactures, and sells retail and medical cannabis products in the United States. It provides cannabis in flowers, vape pens, live resins, disposable pens, and extracts under the Cresco brand; flowers, popcorns, shakes, pre-rolls, and vapes under the High Supply brand; flowers, vapes, and edibles under the Good News brand; vapes and edibles under the Wonder Wellness Co brand; and tinctures, capsules, salves, ingestibles, sublingual oils, and transdermal patches under the Remedi brand, as well as cannabis products made from plants under the Reserve brand. The company also offers cannabis flowers under the FloraCal brand; and chocolate and toffee confections, fruit-forward gummies, hard sweets, and taffy under the Mindy's Edibles brand, as well as licenses the Kiva brand, which produces cannabis infused edibles, including chocolate confections, gummies, mints, and tarts. It owns and operates 32 dispensaries, as well as 44 retail licenses. The company is headquartered in Chicago, Illinois.
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Shares of U.S. cannabis multistate operator Cresco Labs (CRLBF) were falling Tuesday after the company closed its $90 million acquisition of Cultivate, a vertically integrated company that operates three dispensaries in Massachusetts.
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In a matter of a month, Cresco Labs (OTCQX:CRLBF) has gone from relatively obscurity to one of the largest multi-state operators (MSOs) in the U.S. cannabis market via the pending acquisition of Origin House (OTCQX:ORHOF). Cresco Labs only reported Q3 revenues of a meager $12 million, but it is now on a path to revenues exceeding $1 billion by 2021. The market may not know this company yet, but the MSO is on pace to become one of the largest global cannabis players with a relative cheap market valuation of around $4.1 billion.
- [By ]
Cresco Labs (OTCQX:CRLBF) has been busy expanding its sprawling network in the U.S. cannabis market. Since we initiated coverage of the company in January 2019, the company has made two large acquisitions to significantly strengthen its footprint in two of the most important cannabis markets: California and Florida. We are upgrading our view on Cresco Labs and believe it should be considered as part of a core portfolio of U.S. cannabis plays, which has been our preferred approach.
- [By Sean Williams]
Rounding out February’s best marijuana stocks is vertically integrated multistate cannabis company Cresco Labs (NASDAQOTH:CRLBF). Cresco Labs, which has only been a public company since early December, made waves in February with a 21% gain.
Hot High Tech Stocks For 2022: Asia Pacific Fund, Inc. (APB)
The Asia Pacific Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Funds investment objective is to achieve long-term capital appreciation through investment of at least 80% of investable assets in equity securities of companies in the Asia Pacific countries.
The Fund invests in sectors, such as industrials, information technology, banking, materials, consumer discretionary, consumer staples, energy, telecommunications, diversified financials, insurance and utilities. The Funds investment manager is Baring Asset Management (Asia) Limited. Its administrator is Prudential Investments LLC.
- [By Logan Wallace]
Media coverage about Asia Pacific Fund, Inc. (The) common stock (NYSE:APB) has been trending somewhat positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Asia Pacific Fund, Inc. (The) common stock earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 45.8681605197346 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Hot High Tech Stocks For 2022: Corning Incorporated(GLW)
Corning Incorporated manufactures and processes specialty glass and ceramics products worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures liquid crystal display (LCD) glass for flat panel displays used primarily in notebook computers, flat panel desktop monitors, and LCD televisions. The Telecommunications segment produces optical fiber and cable, and hardware and equipment products, such as cable assemblies, fiber optic hardware, fiber optic connectors, optical components and couplers, closures and pedestals, splice and test equipment, and other accessories for optical connectivity to the telecommunications industry. This segment also offers optical fiber technology products for various applications, such as premises, fiber-to-the-home access, metropolitan, long-haul, and submarine networks. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals used in commercial and industrial markets. The Life Sciences segment provides scientific laboratory products, such as general labware and equipment, as well as tools for cell culture and bioprocess, genomics and proteomics, and high-throughput screening. This segment also develops and produces various technologies, such as the Corning HYPERFlask Cell Culture Vessel for increased cell yields; and other novel surfaces, which include the Corning CellBIND Surface and the Corning Osteo-Assay surface. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is based in Corning, New York.
- [By Logan Wallace]
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- [By Matthew Cochrane]
The stock price of Corning(NYSE:GLW) suffered last year as the glass maker made heavy investments in its manufacturing capacity to meet the rising demand for its products. Operating in a growing market and serving eager customers is always a good thing, but investors can sometimes scare easily, wary of companies that must spend now to earn more later. As it looks right now, though, the investments seem to be paying off. When the glass maker reported its 2018 fourth-quarter earnings last month, shares rocketed higher and are now up more than 10% year to date. A quick glance at the company’s quarter reveals what has investors so excited.
- [By Shane Hupp]
ST Germain D J Co. Inc. reduced its stake in Corning Incorporated (NYSE:GLW) by 1.0% during the 4th quarter, HoldingsChannel reports. The fund owned 129,203 shares of the electronics maker’s stock after selling 1,340 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Corning were worth $3,903,000 as of its most recent SEC filing.
Hot High Tech Stocks For 2022: Colliers International Group Inc. (CIGI)
Colliers International Group Inc. provides commercial real estate services to real estate occupiers, owners, and investors worldwide. The companys Sales and Lease Brokerage Division offers transaction brokerage services, including landlord representation, tenant representation, and capital markets and investment services, as well as property management, leasing, and valuations. This division provides its services for various asset classes, including office, industrial, retail, multi-family, hotel and mixed-use properties. Its Outsourcing & Advisory Services Division offers corporate solutions, such as portfolio management, transaction management, project management, workplace solutions, strategic consulting, property and asset management, and other corporate real estate services, as well as lease administration and facilities management systems; valuation and advisory services comprising valuation and appraisal review and management, portfolio or single asset valuation, arbitration and consulting, various studies, tax appeals, and litigation support; property and asset management services consisting of property level accounting, tenant service/relations and bidding, awarding and administering subcontracts for management and maintenance, landscaping, security, parking, capital, and tenant improvements. This division also provides project management services, including bid document review, construction monitoring and delivery management, contract administration and integrated cost control, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management, and strategic project consulting; workplace solutions, such as visioning, change management, and strategic consulting services; property marketing services for commercial and residential projects; and research services for owners and landlords. The company was founded in 1972 and is headquartered in Toronto, Canada.