DraftKings (NASDAQ:DKNG) stock has underperformed, remaining sideways so far in 2021. Elsewhere in the market, cryptocurrencies have been providing multi-fold returns at the blink of an eye. In such a scenario, investors seem to have less patience with trades like DKNG stock and favor cryptos instead. Source: Tada Images / Shutterstock.com However, it would be
Stocks to buy
The biggest names on the Street just stepped up to the earnings plate and some hit it out of the park. As a result, their share prices are celebrating with significant gains following those results. Below, we’re spotlighting three stocks to buy that have the earnings winds at their backs. Today’s sharp sector rotation reveals
Another step in Lucid (NASDAQ:LCID) global expansion took place on Oct. 14. The luxury electric vehicle brand opened its first Canadian studio in downtown Vancouver. It’s now ready to take reservations for Canadians eager to plunk down 105,000 CAD for the Lucid Air Pure. As the company takes its show on the road, owners of
The surge and popularity of Bitcoin (CCC:BTC-USD) gave a solid push to Coinbase (NASDAQ:COIN) stock, as the prices of Bitcoin increased, Coinbase saw a rise in revenue and it became the go-to platform for crypto investors. Source: OpturaDesign / Shutterstock.com Soon there were many assets to invest in and Bitcoin was not the only reason people
Yesterday, Hertz Global Holdings Inc. (HTZZ) announced plans to buy 100,000 electric vehicles (EVs) from Tesla. Investors seized on this unexpected news to boost Tesla’s market cap over the $1 trillion mark. As I write this, the stock price is also still strutting its spectacular trillion-dollar valuation. “[Hertz’s purchase is] the single-largest purchase ever for
Maybe you don’t know much about quantum computing – that’s perfectly fine. You’re still invited to consider IonQ (NYSE:IONQ) as the company just recently went public and IonQ stock is now available for trading. Source: Shutterstock InvestorPlace contributor Ian Bezek put IonQ on his must-read list of seven computing stocks to buy. Bezek pointed out that
Investors in ViacomCBS (NASDAQ:VIAC) will be watching the company’s third-quarter earnings release on Nov. 4 to see how well its free cash flow (FCF) performs. This could have a major effect on the VIAC stock price. Source: Jer123 / Shutterstock.com That could not happen at a better time, since the stock is at a six-month
ContextLogic (NASDAQ:WISH) is an e-commerce company that owns an online e-commerce platform, Wish.com, with 90 million monthly active users. Due to the Covid-19 pandemic hit, many people were left with no other choice but to rely heavily on e-commerce companies for food and necessities—driving WISH stock up. Source: sdx15 / Shutterstock.com Once lockdown restrictions eased
Navigating the stock market is a difficult task for the inexperienced. The first step in making a successful trade is understanding how prices work and what they represent. However, one of the best approaches you can take is seeking out high-upside stocks. It is a value investing approach. A good value investor looks for companies
Fubo (NYSE:FUBO) stock is too wild given how stable the concept of streaming has become. Netflix (NASDAQ:NFLX) did all the hard work and established the trend for the future. Disney (NYSE:DIS) picked up the baton and is expediting the pace forward. For that reason, FUBO stock will do well along with a bullish market. Source:
As I wrote on Sept. 10, Blackberry (NYSE:BB) has passed a milestone that is likely to push BB stock much higher. On Sept. 22, Blackberry announced that its quarter ending Aug. 31 produced very good results. Source: Paul McKinnon/Shutterstock.com Since then, Blackberry stock has risen 20.6% from $9.37 per share on Sept. 21 to $11.30
Palantir (NYSE:PLTR) just may be one of the most controversial tech stocks in the world, founded by Peter Thiel in 2003. However, in 2020, the company went public in shining a light on many of its previously secretive operations. Palantir and its data analysis technology has been connected to Donald Trump, Cambridge Analytica, and the tracking
Novavax (NASDAQ:NVAX) continues to be a wild ride for investors. NVAX stock has lost some 35% of its value since the end of September. In general, vaccine stocks have dropped upon the news of Merck’s (NYSE:MRK) Covid-19 pill. Source: Ascannio/Shutterstock.com Further weighing down on NVAX stock is large insider selling. The company’s CEO, Stanley Erck,
There’s growing concern that the economic recovery could falter this winter if Covid-19 cases spike dramatically. Those concerns are not just being felt in the U.S. but all over the world, leaving investors to start hunting for safe stocks to buy. The Organization for Economic Co-operation and Development (OECD) recently lowered its growth forecast for
Zomedica (NYSEAMERICAN:ZOM) has had a string of victories in recent weeks. First, it announced on Oct. 1 that it would acquire PulseVet for $71 million. Then three days later, it announced that it had hired a President with significant medical devices experience to replace current CEO Robert Cohen when he retires at the end of
If you’ve owned Zoom Video Communications (NASDAQ:ZM) since the beginning of the pandemic in early 2020 and still own ZM stock today, it’s been quite a ride — a 287% ride up, that is. Source: Michael Vi / Shutterstock.com I’m sure I’ve recommended the video conferencing stock in one of my gallery articles. But for
Paysafe (NYSE:PSFE) has been struggling since closing outs its special purpose acquisition company (SPAC) deal. PSFE stock has shed more than 40% of its value since completing the merger with Foley Trasimene Acquisition II in late March of this year. Plus, weak guidance for the third quarter has weakened the stock even more lately. However,
CNBC’s Jim Cramer recently recommended SoFi Technologies (NASDAQ:SOFI) stock. He believes the “nouveau bank” has got the stuff of long-term success. Source: rafapress / Shutterstock.com Call it what you will. CEO Anthony Neto is building a financial services powerhouse. Today, it has its name on one of the finest NFL stadiums in the country. Who
Navigating the stock market is not for amateurs. It’s a complex and alluring maze that can be overwhelming, especially when you’re just starting to invest or want to find more affordable ways of getting into it. The best way I’ve found so far? Subscribing to investment gurus and taking a look at their stock picks.
Installment-payment broker Affirm (NASDAQ:AFRM) is sometimes known as a specialist in the “buy now, pay later” (BNPL) niche market. Folks who own AFRM stock are, oftentimes, counting on the emerging BNPL industry to grow over time. Source: Piotr Swat / Shutterstock.com So far, their bets on Affirm have paid off. The share price is surging –
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