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.
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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 To Watch For 2023: Rockwell Medical Technologies Inc.(RMTI)
Rockwell Medical Technologies, Inc. manufactures, sells, and distributes hemodialysis concentrate solutions and dialysis kits primarily in the United States, Latin America, Asia, and Europe. The company?s hemodialysis product duplicates kidney function in patients with failing kidneys, known as end stage renal disease, an advanced stage of chronic kidney disease; and dialysis solutions are used to maintain life, remove toxins, and replace nutrients in the dialysis patient?s bloodstream. Its products include Renal Pure and CitraPure liquid acid concentrate, Dri-Sate dry acid concentrate and mixing systems, RenalPure powder bicarbonate concentrate, and SteriLyte liquid bicarbonate concentrates; and various ancillary products comprising blood tubing, fistula needles, specialized custom kits, dressings, cleaning agents, filtration salts, and other supplies. The company also has a license to manufacture and sell soluble ferric pyrophosphate (SFP), a Phase III clinical trial p roduct to improve the treatment of dialysis patients with iron deficiency. Rockwell Medical Technologies sells its products to domestic hemodialysis providers through direct sales people and independent sales representation companies, as well as through independent sales agents and distributors internationally. The company was founded in 1995 and is based in Wixom, Michigan.
Advisors’ Opinion:
- [By Steve Booyens]
It’s also worth noting that VitalHub’s business model is to acquire hypergrowth companies that add value to a holistic model. If this all comes together, it will turn its $11.2 million in intangible assets into surging revenue.
Rockwell Medical (RMTI)
- [By Max Byerly]
Rockwell Medical (NASDAQ:RMTI) last issued its earnings results on Tuesday, August 14th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.09). Rockwell Medical had a negative return on equity of 89.63% and a negative net margin of 55.38%. The company had revenue of $14.91 million during the quarter, compared to analyst estimates of $14.90 million. equities analysts expect that Rockwell Medical Inc will post -0.59 EPS for the current year.
- [By Max Byerly]
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
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Rockwell Alert: Bernstein Liebhard LLP Announces Investigation Of Rockwell Medical, Inc. – RMTI (finance.yahoo.com) Rockwell Medical countersues former CEO, CFO (modernhealthcare.com) Rockwell Medical sues former execs over alleged self-enriching behavior (seekingalpha.com) Is it time to Follow Now? Rockwell Medical, Inc. (RMTI) (connectinginvestor.com) Insider Buying: Rockwell Medical Inc (RMTI) Insider Purchases 12,561 Shares of Stock (americanbankingnews.com)
Several research firms have recently issued reports on RMTI. BidaskClub upgraded shares of Rockwell Medical from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. Zacks Investment Research downgraded shares of Rockwell Medical from a “hold” rating to a “sell” rating in a report on Thursday, May 17th. Finally, ValuEngine upgraded shares of Rockwell Medical from a “sell” rating to a “hold” rating in a report on Wednesday, June 27th.
Hot High Tech Stocks To Watch For 2023: VICI Properties Inc.(VICI)
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment, Inc., Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties' strategy is to create the nation's highest quality and most productive experiential real estate portfolio.
Advisors’ Opinion:
- [By ]
As one of the nation’s largest real estate trusts, VICI Properties (Nasdaq: VICI) hasn’t been shy about making bold acquisitions. It has only been a few months since the company extended a $4 billion offer for the iconic Las Vegas Venetian resort.
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Among Apollo's largest holdings is VICI Properties (VICI). It recently bought MGM Growth Properties (MGP) for $17.2 billion. The deal makes the real estate investment trust (REIT) one of the largest land owners on the Las Vegas Strip.
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The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 5/9/19, the Renaissance IPO Index was up 33.2% year-to-date, while the S&P 500 had a gain of 15.3%. Renaissance Capital’s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Elanco (NYSE:ELAN) and VICI Properties (OTC:VICI). The Renaissance International IPO Index was up 11.0% year-to-date, while the ACWX was up 9.7%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include SoftBank and Xiaomi.
- [By ]
The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 5/9/19, the Renaissance IPO Index was up 33.2% year-to-date, while the S&P 500 had a gain of 15.3%. Renaissance Capital’s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Elanco (NYSE:ELAN) and VICI Properties (OTC:VICI). The Renaissance International IPO Index was up 11.0% year-to-date, while the ACWX was up 9.7%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include SoftBank and Xiaomi.
Hot High Tech Stocks To Watch For 2023: Hitachi Ltd (HTHIF)
Hitachi, Ltd. is a diversified company. Information and Telecommunication System segment offers system integration services and automated teller machines. Electricity System segment offers power generation systems. Social and Industrial System segment offers industrial machinery. Electronic Device and System segment offers liquid crystal displays. Construction segment offers hydraulic shovels and wheel loaders. High Functional Material segment offers electric wires and cables. Automotive System segment offers engine management and in-car information systems. Digital Media and Consumer Product segment offers optical disk drives and refrigerators. The Others (Logistics and Service) segment provides logistics, real estate related services. Financial Service segment offers leasing and loan services. Advisors’ Opinion:
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The vast dealer network, built up over the more than 90 years that Caterpillar has been in operation, is the key competitive advantage that the company possesses. While Caterpillar’s products are renowned for quality and low downtime, it is the availability of the support service on an international level in tandem with a reputation for product quality is what gives Caterpillar its edge, and has given it pole position among the world’s construction machinery manufacturers in 2017 based on construction equipment sales, outranking Komatsu Ltd. (OTCPK:KMTUF) (OTCPK:KMTUY), Hitachi Ltd. (OTCPK:HTHIF) (OTCPK:HTHIY), Volvo (OTCPK:VOLVF) (OTCPK:VOLVY), the privately-held Liebherr group, the Chinese government-owned XCMG Group, the Doosan Infracore subsidiary of the Doosan Group conglomerate, Sany (OTCPK:SNYYF) (OTC:SNYYY), and John Deere & Co.
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Some of the larger companies that have begun incorporating blockchain into their industries include:
Overstock.com (OSTK) , once a retail company, has become one of the biggest blockchain options on the stock market. The company has developed tZERO, a cryptocurrency and blockchain-based registry that complies with the regulations of the U.S. Securities & Exchange Commission. IBM (IBM) has developed blockchain technology that they are using with a large variety of partners in a large variety of industries. One example is their partnership with food retailers, most notably Walmart, to help quickly, efficiently, and securely track the supply chain to help ensure ideal food safety. They have also partnered with Maersk to work on a blockchain platform for global trade. Hitachi (HTHIF) , the Japanese conglomerate that has worked on social infrastructure and IT systems, among other industries, has begun dabbling in blockchain. It has released reports about how it believes the technology can positively impact the financial sector, and how it could potentially be used to create new services for businesses.
There are also ETFs that one can invest in that hold a number of stocks related to blockchain. For example, the Reality Shares Nasdaq NextGen Economy ETF (BLCN) holds stocks in all of the examples above, as well as Intel (INTC) and Cisco Systems (CSCO) .
