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Buzz Stocks: Keurig Green Mountain Inc, General Electric Company, and Pep Boys-Manny Moe and Jack

Today's stocks to watch include Keurig Green Mountain Inc (GMCR), General Electric Company (GE), and Pep Boys-Manny Moe and Jack (PBY)

Dec 7, 2015 at 9:37 AM
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U.S. stocks appear ready to erase some of Friday's gains, as crude oil prices continue to slump and traders consider the strong possibility of an interest rate hike from the Fed next week. Among the equities in focus are coffee retailer Keurig Green Mountain Inc (NASDAQ:GMCR), blue-chip conglomerate General Electric Company (NYSE:GE), auto specialist Pep Boys-Manny Moe and Jack (NYSE:PBY). 

  • GE is down 0.3% at $30.39, after the company's plan to sell its appliance business to Swedish firm Electrolux has fallen through. The $3.3. billion deal was announced over a year ago, but had not been finalized, as the U.S. Department of Justice met Electrolux in court to argue over whether the purchase would reduce competition, driving up prices. Before a federal court could reach a final decision, General Electric Company pulled the plug on the deal. On the charts, GE has added more than 20% this year, and is just shy of its seven-year high, seen in late November. In the option pits, open interest on the stock has been booming, keeping GE near the top of the list of most active options for weeks. Short interest on the security has also been high, increasing more than 200% over the last two reporting periods.
 

AI has exploded ever since ChatGPT set the world on fire near the end of 2022.

Numerous companies with connections to artificial intelligence have seen their stocks soar.

That includes Nvidia, the poster boy of AI.

Its stock has skyrocketed 716% since ChatGPT’s debut. But here’s the thing …

While everyone’s still counting their money from this first AI boom … Nvidia and countless others have moved on to the next stage.

That includes Big Tech, which is currently making a series of peculiar investments in a few strange companies. This has nothing to do with tech. At least on the surface …

Yet, these strange investments could be the early ripples of a massive wave …Without them, ChatGPT could stop operating … Amazon, Google, Microsoft and more could see profits drop drastically.

In fact, Elon Musk says these investments are critical when it comes to solving the number one problem facing AI.

Now, Silicon Valley legend Michael Robinson has identified two companies that could play a significant role in the solution.

Their stocks just may be the key to AI 2.0.

Find out more about these two companies today.
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