8 hours ago
CNBC Pro: This global stock could rise 140% on hydrogen fuel boom, analyst says
Shares in the global company specializing in tank equipment and refueling technology could rise as much as 140% over the next 12 months, one analyst said.
The company’s business model assumes that buses, industrial trucks and trains are likely to use hydrogen in the future, rather than mass vehicles, which are currently largely transitioning to electricity.
Analysts believe it is perfectly placed to capture the rapid increase in new hydrogen refueling stations being built in the medium term.
CNBC Pro subscribers can read more here.
— Ganesh Rao
8 hours ago
CNBC Pro: Should you buy Nvidia stock now or wait for further decline? 2 fund managers disagree
Chipmaker Nvidia has been dominating the headlines over the past year, especially since its stock price soared an astronomical 240% in 2023.
Its popularity shows little sign of slowing, and while the stock was flat last week, it’s still up nearly 80% year-to-date.
However, the huge rise in Nvidia’s stock price has raised questions about whether those who haven’t invested yet should buy the stock now or wait for the stock price to drop.
CNBC Pro spoke to two fund managers with differing opinions. Subscribers can read more here.
— Amara Balakrishna
4 hours ago
European Market: Click here for opening call
European markets are expected to open mixed on Monday.
According to IG data, the UK’s FTSE 100 index is expected to open 15 points lower at 8,422, Germany’s DAX up 23 points to 18,781, France’s CAC up 8 points to 8,201 and Italy’s FTSE MIB. It is expected to rise 15 points to 34,332.
Proceeds will be paid by Ferrovial. No major data released.
— Holly Ellyatt
