Stocks to buy

Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw the recent rally in its shares halt briefly this week. After ending the day at $43.68 on Jun. 7, NIO stock slightly slipped. The catalyst seems to have been May’s vehicle delivery update, which reported that volatility in semiconductor supply had impacted production for several days. Since then,

Beyond Meat (NASDAQ:BYND) stock will likely move higher over the next year as the foodservice segment of its total sales recovers. This is the inevitable conclusion from the plant-based meat company’s recent Q1 earnings release on May 6. As a result, I estimate that BYND stock is worth at least 50% higher at $224.13 over

Tesla (NASDAQ:TSLA) is the poster-child of the EV revolution. Nio (NYSE:NIO), on the other hand, has always been the little brother stuck living in Tesla’s shadow. But now, the little brother is taking the reigns and driving leading the EV charge, and Nio stock is beginning to reflect this shift in dynamics. Source: xiaorui /

Mobile gaming platform Skillz (NYSE:SKLZ) stock has been volatile since going public via the SPAC route in December. Source: Rawpixel.com/Shutterstock.com The stock grew by a massive 150% by February before tumbling below its IPO price of $17.90. It was hit by the perfect storm, which involved a short report, equity dilution, and the SPAC bubble

Tech stocks were among the big winners in 2020, a year to remember for the historic U.S. stock market crash in March. And the fast comeback of equities that took place ever since and resulted in a year of great volatility for investing in stocks. Moreover, Reportlinker.com recently published a report titled  “Global Enterprise Software

The needle-moving good news continues to flow for Plug Power (NASDAQ:PLUG) stock. Source: Halfpoint/ShutterStock.com On June 3, Plug Power revealed that it would partner with French auto giant Renault to build vans propelled by hydrogen power. On June 7, the U.S. government endorsed the use of hydrogen as a fuel and said that it would

Consumers are demanding more clean energy, and investors are paying close attention to the global transition to renewable resources. The environmental, social and corporate governance (ESG) sectors are growing in response. As the oil industry faces criticism for environmental concerns, investors who are looking for energy stocks should consider buying these seven ESG stocks in

Luxury brands thrive on tourism and consumer optimism suggesting the strong economic recovery ahead will be a boon for luxury stocks. Lockdowns and store closures led to billions of dollars in savings for many households. Research shows that total savings globally amounted to over a trillion dollars over the past year. Needless to say, independent

GameStop (NYSE:GME) is up 85% over the past month through June 8. GME stock now has a market capitalization of $21 billion. It is unquestionably the King or Queen of Reddit stocks.  Source: Shutterstock / mundissima If you’re thinking about buying GME around $300, I implore you to consider buying Williams-Sonoma (NYSE:WSM) before you do. 

The global e-commerce market is expected to be worth $4.9 trillion in 2021. Further, the sector’s sales are expected to increase to $6.4 trillion by 2024. Another important data point for Coupang (NYSE:CPNG), South Korea’s largest e-commerce company, is that the Asian country’s e-commerce sales are expected to rank in the top five in the

Last week, we sent shockwaves throughout the financial community and Tesla (NASDAQ:TSLA) stock holders, when we wrote that electric vehicle startup Lucid Motors,  which is going public through a SPAC merger with Churchill Capital Corp IV (NYSE:CCIV), was going to eat Tesla’s lunch in the premium EV category. Apparently, we even caught the attention of

Compared with other cloud application high-flyers, ServiceNow (NYSE:NOW) has become a cheap stock. NOW stock closed on Friday at $460.65 a share, down 18.1% since late April’s earnings report. Source: Shutterstock At that June 4 closing price, it’s worth $90.95 billion. That’s almost 19 times last year’s revenue of $4.8 billion, which sounds dear. But

Hurricane season is not for the faint of heart. It has far-reaching negative implications for the broader economy and the investment world. But there are companies out there that actually benefit from the season. So, it is not surprising that many people seek out the best stocks to buy to profit during this time. We

Should traders and investors buy SoFi Technologies (NYSE:SOFI) stock? As a short-term trade, the shares may be profitable. This name, which merged with the SPAC known as Social Capital Hedosophia Holdings V,  could attract enough buyers to bounce back towards its all time high of around $28 per share. Source: rafapress / Shutterstock.com SoFi stock

As Bitcoin (CCC:BTC-USD) turns 10 years old, there is a temptation to do away with the “wild west” narrative. However, wild oscillations prevent me from pushing this narrative. Still, it’s nice to know there are companies like Coinbase (NASDAQ:COIN) that offer a beacon of light for those looking for stability. Source: Primakov / Shutterstock.com Coinbase

Snowflake (NYSE:SNOW) stock is one of the most interesting names in the tech space. The company was one of the largest software initial public offerings (IPOs) of all time when it came out last year. And traders initially warmed up to SNOW stock, with the share price more than doubling after its debut. Source: rblfmr

Blackberry (NYSE:BB) could become a bargain stock this year if the company keeps producing large amounts of free cash flow (FCF). Even though BB stock has skyrocketed in the past month, I estimate it could be worth 32% more. That puts its value at $20.91 per share. Source: Paul McKinnon/Shutterstock.com This is based on its

As global demand slumped, oil and gas stocks witnessed a sharp correction in the first half of 2020. With monetary and fiscal policy action, oil prices stabilized. Furthermore, production cuts by the OPEC also supported oil prices after an initial plummet. The Invesco DB Energy Fund (NYSEARCA:DBE), an exchange-traded fund with exposure to worldwide energy

Could app-based dating be the ultimate Covid-19 pandemic recovery trade? That’s a question that prospective Bumble (NASDAQ:BMBL) investors should consider, as BMBL stock hasn’t exactly been a blockbuster success in the past couple of months. Source: XanderSt / Shutterstock.com The Austin, Texas-based company has an interesting backstory. As I learned from InvestorPlace contributor Thomas Yeung, Bumble CEO Whitney

After Bionano (NASDAQ:BNGO) reported very strong first-quarter results and showed that its Saphyr DNA analysis tool is progressing on multiple fronts, I remain extremely bullish on BNGO stock. Source: Connect world / Shutterstock.com On May 13, Bionano reported that its Q1 revenue had soared 179% year-over-year to $3.2 million, while its gross margin increased to