Shares of lithium mining start-up Piedmont Lithium (NASDAQ: PLL) roared ahead in Monday trading to close the day up 14.8%. If you own shares of Piedmont, you can thank the friendly analysts at B. Riley Securities for your gains. Thank B. Riley, that is...and Tesla (NASDAQ: TSLA), too.
A Company With Shares On Fire and One Well Poised for an Upturn in the Ag Cycle.
Investors have gotten used to the idea that the stocks that make up the Nasdaq Composite (NASDAQINDEX: ^IXIC) seem almost destined to outpace the broader stock market. Indeed, that was again the case on Monday, as the Nasdaq was up about 0.3% at 2:15 p.m. EST even as other market benchmarks were flat to lower on the day. Two Nasdaq stocks in particular have been doing exceptionally well lately, and on Monday, they both proceeded to hit new all-time record highs.