Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) saw minor gains as the global cryptocurrency market capitalization rose 0.7% to $2.10 trillion.
What Happened: BTC rose 0.77% to $49,393.81 intraday, hovering just below the psychologically important $50,000 mark. For the week, the apex coin was up 3.82%.
See Also: How To Buy Bitcoin (BTC)
ETH traded mostly unchanged at $3,247.54 over 24 hours but was down 2.02% over a seven-day trailing period.
Dogecoin (CRYPTO: DOGE) fell 1.51% to $0.31 over 24 hours. The Shiba Inu-themed coin was down 6.68% over seven days.
Charles Hoskinson-created Cardano (CRYPTO: ADA) shot up 12.83% to $2.78 over 24 hours. ADA was up 28.97% for the week.
BTC fork Dash (CRYPTO: DASH) traded 11.86% in the green at $265.63 over 24 hours. Over seven days, DASH was up 24.98%.
On Sunday night, Telcoin (CRYPTO: TEL) saw the highest 24 hours gain as it rose 30.72% to $0.0283. Over seven days TEL was up 40.23%.
TEL was up 30.03% and 30.83% against BTC and ETH respectively. Since the year began, TEL has skyrocketed 16,440.22%.
Other coins that saw gains in 24 hours included Nano (CRYPTO: NANO), Avalanche (CRYPTO: AVAX), and Basic Attention Token (CRYPTO: BAT).
Hot Stocks To Buy For 2022: RAIT Financial Trust(RAS)
We are a multi-strategy commercial real estate company that is a self-managed and self-advised Maryland real estate investment trust, or REIT. We utilize our vertically integrated platform to originate commercial real estate loans, acquire commercial real estate properties and invest in, manage and service commercial real estate assets. We offer a comprehensive set of debt financing options to the commercial real estate industry and provide asset and property management services. We also own and manage a portfolio of commercial real estate properties and manage real estate assets for third parties. We were formed in August 1997 and commenced operations in January 1998. Advisors’ Opinion:
- [By Stephan Byrd]
RAIT Financial Trust (NYSE:RAS) will announce its earnings results before the market opens on Wednesday, May 23rd. Analysts expect the company to announce earnings of $0.21 per share for the quarter.
Hot Stocks To Buy For 2022: Leucadia National Corporation(LUK)
Leucadia National Corporation, through its subsidiaries, engages in manufacturing, land based contract oil and gas drilling, gaming entertainment, real estate, medical product development, and winery operations in the United States and internationally. Its manufacturing operations include remanufacturing, manufacturing, and/or distribution dimension lumber, home center boards for retailers, pine decking, and other specialty wood products; and manufacturing and marketing lightweight plastic netting used in building and construction, erosion control, packaging, agricultural, carpet padding, filtration, and consumer products. The company?s land based contract oil and gas drilling operations include the provision of drilling services to independent oil and natural gas exploration and production companies in the Mid-Continent region of the United States, including Oklahoma, Texas, Arkansas, Louisiana, and Kansas. As of December 31, 2010, it had 38 drilling rigs. The company?s g aming entertainment operations consist of owning the Hard Rock Hotel & Casino Biloxi located in Biloxi, Mississippi, which consists of 325 rooms and suites, 1,268 slot machines, 52 table games, 6 live poker tables, 5 restaurants, and spa. Its real estate activities include investment in commercial properties, residential land development projects, and other unimproved land. The company?s medical product development operations comprise the development of MP4OX that has completed a phase II proof of concept clinical trial and is a solution of cell-free hemoglobin, administered intravenously to provide oxygen delivery to oxygen deprived tissues. In addition, Leucadia National Corporation engages in the production and sale of wines; and investment and evaluation of gasification projects to convert various types of low grade fossil fuels into energy products. The company was founded in 1854 and is based in New York, New York.
- [By Ethan Ryder]
Stifel Financial Corp lifted its holdings in shares of Leucadia National (NYSE:LUK) by 37.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 48,804 shares of the conglomerate’s stock after buying an additional 13,283 shares during the period. Stifel Financial Corp’s holdings in Leucadia National were worth $1,111,000 at the end of the most recent reporting period.
- [By Max Byerly]
Korea Investment CORP cut its holdings in shares of Leucadia National (NYSE:LUK) by 21.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,659 shares of the conglomerate’s stock after selling 29,141 shares during the quarter. Korea Investment CORP’s holdings in Leucadia National were worth $2,447,000 as of its most recent filing with the Securities & Exchange Commission.
Hot Stocks To Buy For 2022: Astrotech Corporation(ASTC)
Astrotech Corporation, a technology company, develops, manufactures, and sells miniaturized transportable mass spectrometers and related equipment. The company offers MMS-1000, a small, low power desktop mass spectrometer designed for the laboratory market; OEM-1000, a mass spectrometer component that integrates into customers’ specific packaging and enclosures; and iONTRAC, a process analyzer, which provides in-situ real-time monitoring of industrial processes. Its customers include government agencies, research organizations, and universities. The company is also developing a Salmonella vaccine. In addition, it provides Astral Black ICE, a system with customized off the shelf hardware for black and white feature film and televisions series digitization and restoration markets; and Astral Color ICE, a standalone software solution that integrates into film scanners to enable color image correction and enhancement. Astrotech Corporation was founded in 1984 is headquartered in Austin, Texas.
- [By Money Morning Staff Reports]
After looking at last week’s top performing penny stocks, we’ll show you a small-cap stock with real growth potential that just popped up on our radar…
Penny Stock Current Share Price Last Week’s Gain
New Age Beverage Corp. (NADAQ: NBEV) $3.94 286.79%
India Globalization Capital Inc. (NYSE: IGC) $2.18 181.55%
Ascent Capital Group Inc. (NASDAQ: ASCMA) $2.16 103.85%
Netlist Inc. (NASDAQ: NLST) $0.73 80.56%
Oragenics Inc. (NYSE: OGEN) $0.92 71.63%
Astrotech Corp. (NASDAQ: ASTC) $3.44 68.37%
Command Security Corp. (NYSE: MOC) $2.77 51.09%
Oasmia Pharmaceuticals (NASDAQ: OASM) $3.57 50.66%
NovaBay Pharmaceuticals Inc. (NYSE: NBY) $2.10 48.15%
Navidea Biopharmaceuticals Inc. (NYSE: NAVB) $0.25 45.72%
While the gains these stocks made are exciting, they also highlight the danger of investing in penny stocks.
- [By Alexander Bird]
We’re talking 471% potential gains…
Penny Stock Current Share Price Last Week’s Gain
Renren Inc. (NYSE: RENN) $2.50 158.64%
Astrotech Corp. (Nasdaq: ASTC) $4.17 132.80%
Xenetic Biosciences Inc. (Nasdaq: XBIO) $5.58 71.95%
Nordic American Tanker Shipping Ltd. (NYSE: NAT) $2.73 38.43%
United States Antimony Corp. (NYSE: UAMY) $0.49 36.47%
Soeno Therapeutics Inc. (Nasdaq: SLNO) $2.65 33.05%
Fibrocell Science Inc. (Nasdaq: FCSC) $3.16 31.36%
Teekay Tankers Ltd. (NYSE: TNK) $1.30 29.70%
Neovasc Inc. (Nasdaq: NVCN) $0.04 27.30%
Actinium Pharmaceuticals Inc. (OTCMKTS: ATNM) $0.24 25.98%
While the gains of last week’s top penny stocks are exciting, investors who know where to look can unlock even bigger gains…
Hot Stocks To Buy For 2022: Nuveen Select Maturities Municipal Fund(NIM)
Nuveen Select Maturities Municipal Fund is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax, consistent with the preservation of capital by investing in an investment-grade quality portfolio of municipal obligations with intermediate characteristics. It invests in municipal securities that are exempt from federal income taxes and of varying maturities targeting an overall intermediate duration profile. It invests approximately 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality. It invests over 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which over 10% of its managed assets may be rated below B-/B3 or of comparable quality. Its investment advisor is Nuveen Fund Advisors, LLC. Advisors’ Opinion:
- [By Joseph Griffin]
Nimiq (CURRENCY:NIM) traded 6.2% higher against the US dollar during the 1-day period ending at 20:00 PM E.T. on March 9th. Over the last seven days, Nimiq has traded up 34.8% against the US dollar. One Nimiq coin can currently be purchased for $0.0011 or 0.00000029 BTC on popular cryptocurrency exchanges including LATOKEN, HitBTC, Trade Satoshi and BTC-Alpha. Nimiq has a total market capitalization of $3.91 million and $173,964.00 worth of Nimiq was traded on exchanges in the last day.
- [By Max Byerly]
Nimiq (CURRENCY:NIM) traded down 6.7% against the dollar during the one day period ending at 22:00 PM Eastern on March 4th. Nimiq has a market cap of $2.86 million and approximately $178,409.00 worth of Nimiq was traded on exchanges in the last 24 hours. One Nimiq coin can currently be bought for approximately $0.0009 or 0.00000023 BTC on major cryptocurrency exchanges including Trade Satoshi, HitBTC, BTC-Alpha and LATOKEN. In the last seven days, Nimiq has traded 18.9% higher against the dollar.
Hot Stocks To Buy For 2022: Energy Transfer Equity, L.P.(ETE)
We were formed in September 2002 and completed our initial public offering in February 2006. We are a Delaware limited partnership with common units publicly traded on the NYSE under the ticker symbol “ETE.” Unless the context requires otherwise, references to “we,” “us,” “our,” the “Partnership” and “ETE” mean Energy Transfer Equity, L.P. and its consolidated subsidiaries, which include ETP, ETP GP, ETP LLC, Panhandle (or Southern Union prior to its merger into Panhandle in January 2014), Sunoco Logistics, Sunoco LP, Lake Charles LNG and ETP Holdco. References to the “Parent Company” mean Energy Transfer Equity, L.P. on a stand-alone basis. In January 2014 and July 2015, the Partnership completed two-for-one splits of its outstanding common units. All references to units and per unit amounts in this document have been adjusted to reflect the effect of the unit splits for all periods presented. Advisors’ Opinion:
- [By Logan Wallace]
Goldman Sachs Group assumed coverage on shares of Energy Transfer Equity LP Unit (NYSE:ETE) in a report released on Monday morning, MarketBeat reports. The brokerage issued a buy rating and a $23.00 target price on the pipeline company’s stock.
- [By Ethan Ryder]
Energy Transfer Equity LP Unit (NYSE:ETE) was upgraded by analysts at US Capital Advisors from a hold rating to an overweight rating.
Energy Transfer Partners (NYSE:ETP) was upgraded by analysts at US Capital Advisors from a hold rating to an overweight rating.
- [By Matthew DiLallo]
After several challenging years, Energy Transfer Equity LP (NYSE:ETE) is starting to turn things around, which was evident in its strong second-quarter results. That has members of the company’s management team excited about what lies ahead. On the accompanying conference call, they highlighted three things fueling their optimism:
Hot Stocks To Buy For 2022: Ideal Power Inc.(IPWR)
Ideal Power Inc. develops power conversion solutions with a focus on commercial and industrial grid storage, combined solar and storage, and microgrid applications. The companys principal products include power conversion systems, such as dual-port and multi-port battery converters. It also offers a 30kW photovoltaic (PV) inverter for commercial and industrial PV installations; and a 30kW battery converter for the commercial and industrial grid-tied distributed energy storage market. In addition, the company provides a 30kW grid-resilient alternating current (AC) – direct current (DC)-DC multi-port and AC-DC power conversion system; and a 125kW grid-resilient AC-DC and AC-DC-DC multi-port power conversion systems. Further, it focuses on licensing its proprietary power conversion Power Packet Switching Architecture to original equipment manufacturers. The company sells its products directly to customers and through a distribution channel partner in the United States. It has strategic alliance with EnerDel, Inc. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. Ideal Power Inc. was founded in 2007 and is headquartered in Austin, Texas.
- [By Money Morning News Team]
Ideal Power Inc. (NASDAQ: IPWR) is a Texas-based industrial products company that develops, manufactures, and sells power conversion solutions with a focus on storage and solar, standalone energy, and microgrid applications.
- [By Money Morning Staff Reports]
Here are last week’s top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week’s Gain
Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) Consumer Goods $4.39 259.84%
Gridsum Holding Inc. (NASDAQ: GSUM) Technology $4.32 108.70%
Sky Solar Holdings Ltd. (NASDAQ: SKYS) Utilities $1.08 89.47%
Conformis Inc. (NASDAQ: CFMS) Healthcare $1.26 75.00%
Ideal Power Inc. (NASDAQ: IPWR) Industrial Goods $0.52 56.73%
ADMA Biologics Inc. (NASDAQ: ADMA) Healthcare $4.22 52.35%
CAS Medical Systems Inc. (NASDAQ: CASM) Healthcare $2.41 51.57%
Arcimoto Inc. (NASDAQ: FUV) Consumer Goods $4.88 50.15%
Adomani Inc. (NASDAQ: ADOM) Consumer Goods $0.38 49.94%
Huttig Building Products Inc. (NASDAQ: HBP) Services $3.41 47.62%
Can’t-Miss Opportunity: Renowned Author of Best-Selling Investment “Bible” Just Released His Newest Pick
- [By Shane Hupp]
Shares of Ideal Power Inc (NASDAQ:IPWR) hit a new 52-week low on Monday . The company traded as low as $0.60 and last traded at $0.61, with a volume of 100 shares. The stock had previously closed at $0.61.
- [By Max Byerly]
News articles about Ideal Power (NASDAQ:IPWR) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ideal Power earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 47.3748047378114 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.