U-pick-it tulip farm east of Ottawa finds new fields after devastating fungus
Last year, Green Corners farm lost its crop to a fungus called tulip fire. Now they've rebuilt in a new location and are excited to welcome customers.
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Globe and Mail
19 minutes ago
- Globe and Mail
A Little Bad News for Rivian and Lucid
Rivian (NASDAQ: RIVN) and Lucid Motors (NASDAQ: LCID) entered 2025 in different gears. Rivian was entering a year with no major vehicle launch, stagnating deliveries, and a lack of any visible catalysts, while Lucid has strung together six consecutive quarters of record deliveries and is ramping the production of its new Gravity SUV. One thing they both have in common is a growing, albeit more slowly than hoped, electric vehicle (EV) market. Here's the bad news: Some recent data says that the EV market sentiment looks to be souring. Survey says Tesla changed the game when it made EVs "cool" for the first time. Since then, the hype surrounding EVs as the future of transportation has swept the globe, in some countries (like China) faster than in others. But according to a recent survey, that hype could be in decline in the U.S. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Interest in EVs spiraled to its lowest level since 2019, according to a consumer survey commissioned by AAA. Only 16% of respondents reported being "likely" or "very likely" to purchase an EV as their next vehicle, signaling consumer caution. The percentage of respondents who indicated they would be "unlikely" or "very unlikely" to purchase an EV as their next vehicle jumped from 51% to 63%, the highest mark since 2022. The percentage who believe that most cars will be electric within the next decade fell from 40% in 2022 to 23% this year. Not only is interest in EVs down, there's also the lingering pessimism surrounding battery repair costs, total costs, and charging infrastructure -- a story as old as EVs themselves. More specifically, 62% of respondents noted high battery repair costs as a main reason for avoiding going electric, while purchase price was cited by 59% of respondents. The hesitation when it comes to purchase price is understandable. The average transaction price for a new EV in March was $59,205, far higher than the overall average transaction price of $47,462, according to data from Cox Automotive. As far as consumer concerns go, 56% of respondents had the fear of running out of charge while driving, and 55% noted a lack of convenient public charging stations. Pulling support The waning consumer sentiment goes hand in hand with the Trump administration's effort to pull support from the EV industry. House Republicans passed a budget bill on May 22 that will reduce federal incentives for battery manufacturing, as well as other clean energy projects. If the Senate approves it, it would cut the section of the bill that provides the $7,500 EV tax credit. The administration took it a step further, as the bill also institutes a new tax of $250 for EV owners and $100 for hybrid owners. The tax contributes to the Highway Trust Fund to support infrastructure. What it all means Investors would be wise to temper growth expectations for the EV industry this year, especially with tariff uncertainty hanging over the automotive industry. That's especially true considering that first-quarter data could give a different impression. EV registrations grew 16%, according to S&P Global Mobility, and market share rose from 6.9% to 7.7%, year over year. There was a demand pull-ahead effect due to people predicting that the tax credit would soon disappear. Rivian, which is currently waiting anxiously for the R2 launch, lacks momentum in 2025 and could use broader industry strength to boost its stock price. Investors who believe in Rivian long-term should keep their eyes open for a buying opportunity this year. For Lucid investors, while this decline in consumer sentiment isn't ideal, the company has plenty of self-driven momentum thanks to quarters of record deliveries. The company is currently ramping up production and deliveries of the new Gravity SUV EV, which will continue driving total deliveries higher throughout the year. For these two young automakers, the broader industry's health is important. The simple truth is that people aren't taking to EVs in the U.S. as quickly as investors had hoped. Should you invest $1,000 in Rivian Automotive right now? Before you buy stock in Rivian Automotive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rivian Automotive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor 's total average return is792% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
Globe and Mail
2 hours ago
- Globe and Mail
Why This Statistical Edge Favors CRWD, JNJ and LULU For the Coming Week
A critical problem within the standard practice of market analysis is that the methodologies often beg the question: the assertions assume the conclusion within the premise. For example, it's not uncommon to hear experts talk about price-to-earnings ratios of 15 being 'good value' or a head-and-shoulders pattern being 'bad' for the target stock price. Is the chart pattern or financial ratio a legitimate example of that which is being asserted? And if so, what is the empirical evidence that the event in question is predictive? Often, the answer is some dressed-up version of 'just because,' which then becomes a self-referential loop. A better approach is to analyze market breadth, which is basically the sequence of accumulation and distribution. In other words, market breadth is demand and demand benefits from the beautiful quality of binarism — it's either happening or it's not. Binary metrics are also discrete, meaning that they don't succumb to the non-stationarity problem of fundamental and technical analysis. While these latter approaches may offer heuristic insights, their relevance is incredibly fragile across vast stretches of time and sentiment regimes. That's because the metrics of comparison (such as share price) tend to drift or evolve, often quite dramatically. In contrast, the language of demand — of buying and selling — remains the same, whether we're talking about the market in 2025 or 1925. This discretized model — where the volatility of price action is compressed or abstracted into a binary genetic code — offers tremendous probabilistic insights. Last week, I identified three stocks using the model that signaled a higher-than-average propensity for upside. Comparing Monday's opening price to Friday's close, all three securities moved higher. Two of them at some point in the week exceeded the short strike price of the bull call spreads I discussed as prospective ideas. To be clear, the market is chaotic, which means losses are guaranteed to happen. My point? We have limited resources. So, with empirical data, I'd like to direct your attention to probabilistically compelling ideas. CrowdStrike (CRWD) Fundamentally, CrowdStrike (CRWD) presents arguably a no-brainer idea as a long-term investment because cybersecurity cannot be ignored. In late May, Victoria's Secret (VSCO) had to take down its website temporarily due to a data breach. It represented the latest high-profile example of the risks businesses face in the modern digitalized ecosystem. Given that nefarious online activities are unlikely to fade anytime soon, CrowdStrike enjoyed a shot of relevance, sending CRWD stock higher. Further, the equity is up almost 37% on a year-to-date basis, easily outperforming the benchmark tech index. Still, there could be some more upside remaining. In the past two months, CRWD printed a '6-4-U' market breadth sequence: six up weeks, four down weeks, with a net positive trajectory across the 10-week period. Notably, in 61.9% of cases, the following week's price action results in a gain, with a median return of 4.04%. Should the implications of the 6-4-U pan out as projected, CRWD stock could reach $487.33, possibly within a week or two. Based on the above market intelligence, aggressive traders may consider the 475/485 bull call spread expiring June 27. Using data available to Barchart Premier members, this transaction involves buying the $475 call and simultaneously selling the $485 call, for a net debit paid of $480. Should CRWD stock rise through the short strike price at expiration, the maximum reward is $520, a payout of over 108%. Johnson & Johnson (JNJ) At first glance, healthcare giant Johnson & Johnson (JNJ) doesn't particularly seem attractive. True, JNJ stock benefits from a Moderate Buy consensus rating from Wall Street analysts. On the other hand, the Barchart Technical Opinion indicator rates the equity as a 40% Sell. It's not the worst signal in the world but it's not exactly comforting either. Nevertheless, there's a chance that JNJ stock can break out of its sideways funk that it's been on since early April. As it stands, the security printed a 6-4-D sequence: six up weeks, four down weeks, with a net negative trajectory across the 10-week period. In 66.67% of cases, the following week's price action results in upside, with a median return of 1.33%. If the implications of the above pattern pan out as expected, JNJ stock could theoretically reach above the $157 level. Assuming the bulls maintain control of the market, a push above $158 isn't out of the question. With the above intel in mind, aggressive traders may consider the 155/157.50 bull call spread expiring on June 20, which is less than two weeks from now. Lululemon Athletica (LULU) For a high-risk, high-reward idea, speculators may consider Lululemon Athletica (LULU). As Barchart content partner Motley Fool mentioned, LULU stock crashed after the underlying company released its first-quarter earnings report. Actual results were so-so but the market seemed to reserve the bulk of skepticism toward President Donald Trump's tariffs policy, which appeared to contribute to a weak sales outlook. Whatever the case, LULU stock dropped nearly 20% on Friday. Not surprisingly, the financial publication ecosystem has largely labeled the security a name to avoid. However, from a statistical standpoint, Lululemon could be interesting. In the past two months, LULU stock printed a 6-4-D sequence: six up weeks, four down weeks, with a net negative trajectory across the period. In 60.71% of cases, the following week's price action results in upside, with a median return of 6.12%. That means if the implications of the above pattern pan out, LULU could hit $281.50 within a short time frame. For those who really want to swing for the fences (but do so rationally), the 275/280 bull call spread expiring June 27 is awfully tempting. This transaction calls for a net debit of $185 and if LULU stock rises through the short strike price at expiration, the maximum reward is $315, a payout of over 170%.
Globe and Mail
2 hours ago
- Globe and Mail
TipRanks AI Sees More Upside in Palantir Stock (PLTR) Than Wall Street Does
Wall Street analysts have taken a cautious stance on Palantir Technologies (PLTR), with average price targets hovering around $100. However, TipRanks' A.I.-powered stock forecast of $148 tells a different story, predicting an upside of 23% from current levels. By analyzing a wide array of data points, including earnings sentiment, technical trends, and sentiment-based indicators, TipRanks' A.I. model projects a higher valuation for Palantir than the average analyst consensus. Confident Investing Starts Here: Palantir Earns Outperform Rating Backed by Solid Financials According to TipRanks A.I Stock Analysis, Palantir earns a solid score of 77 and an Outperform rating, reflecting its robust financial results and encouraging signals from its recent earnings call. The company's strong revenue growth, expanding margins, and confident management commentary have boosted investor sentiment. Notably, Palantir reported 39% year-over-year revenue growth in Q1 2025, beating its guidance by nearly 350 basis points. Meanwhile, U.S. revenue was particularly impressive, rising 55% year-over-year. Additionally, the company's U.S. commercial business crossed the $1 billion annual run rate milestone for the first time, fueled by 71% year-over-year growth. Despite facing some headwinds in international markets, Palantir's strategic emphasis on AI and deepening presence in the U.S. government and defense sectors positions it well for long-term growth. TipRanks analysis further stated that while the high valuation may prompt some caution, the company's AI-driven solutions and execution strength continue to make a compelling case for future upside. From a technical standpoint, momentum indicators point to continued bullishness, although the stock's current valuation may be running ahead of fundamentals. What Is the 12-Month Forecast for Palantir? On the other hand, Wall Street holds a cautious stance on PLTR stock. According to TipRanks consensus, PLTR stock has a Hold rating, based on three Buys, 11 Holds, and four Sells assigned in the last three months. The average Palantir share price target is $100.13, which implies a downside potential of 16.5% from current levels. See more PLTR analyst ratings Disclaimer & Disclosure Report an Issue
