Baidu (NASDAQ:BIDU), the $57 billion market capitalization Chinese search engine stock listed on the Nasdaq, has fallen due to the Chinese crackdown on large Internet stocks. But BIDU stock might have further to fall. Let’s think this through a bit. Source: StreetVJ / Shutterstock.com No matter what, one thing is for sure right now. BIDU stock
Stocks to buy
The pandemic and mandatory lockdowns showed how important it is to stay connected in the comfort of our homes. Almost overnight, millions of people stopped going to offices and schools and instead switched to working and studying online. In turn, this produced a handful of some solid tech stocks to buy for investors. According to
With all the Wall Street managers and big-wigs out for their final summer holidays, this is a great time to find the sectors — like utilities — that get buried during the frenzied markets when Wall Street is running on full steam. Utilities stocks are a broad category here. I’m not just talking about companies
Under Armour (NYSE:UA, NYSE:UAA), the U.S.-based sports clothing and footwear retailer, posted truly amazing results for its second quarter, ending June 30. This implies that UAA stock could easily rise 86.6% to $46.30 over the next year and a half, assuming its free cash flow (FCF) margins hold up on 2022 sales forecasts. Source: Sorbis
The U.S. online gambling market has been booming. Many operators have gone digital in response to the closure of gambling establishments during the novel coronavirus pandemic, rapidly expanding their online gambling offerings in 2020. That said, this has produced a handful of iGaming stocks to buy. According to Mordor Intelligence, the online gambling market was valued
The U.S. is pulling out all the stops to modernize its infrastructure. While that word doesn’t inspire a lot of excitement for most investors, it’s a very enticing prospect on the whole. It means all of the things we rely on to conduct the fundamental business of living our lives will get an upgrade. The
It’s been a while since I last wrote about General Electric (NYSE:GE) and GE stock. So long, in fact, that the industrial conglomerate now trades near $100. Source: Sundry Photography / Shutterstock.com When I wrote about GE in late April, it was only trading around $13. To get that kind of liftoff, it must have
Nokia (NYSE:NOK) is a leading firm in the telecommunications equipment industry. Its network business garners revenue from selling wireless and fixed-line hardware, software and services. Nokia’s technology segment licenses its patents to handset manufacturers and makes royalties from Nokia-branded cellphones. And NOK stock is international — the Finland-based company operates on a global scale, with
Illumina’s (NASDAQ:ILMN) strong growth and tremendous potential make ILMN stock worth buying. Source: Shutterstock It’s true that the company’s shares are not at all cheap. Still, the demand for Illumina’s next-generation sequencing tools are poised to surge tremendously, making the shares very attractive for longer-term growth investors. Meanwhile, after researching the issue of Illumina’s controversial
Although American society appears to be firing on all cylinders following the devastation of the novel coronavirus pandemic, a recent report from Reuters revealed just how devastating the crisis was. On an annualized basis, the U.S. economy contracted 19.2% from its fourth-quarter 2019 peak. This stark data confirmed that the “Covid-19 recession was the worst
What’s next for the Reddit stocks trend? After the second “meme stock wave” in June (the first “wave” being in February), top “meme stocks” saw high double-digit percentage declines in July. Traders who hopped on this second spurt of speculative mania early may be still ahead. But those who got in after it started? Many
Compass Pathways (NASDAQ:CMPS) has been beaten up lately. But the fundamentals are rapidly improving, making now a great time to buy this psychedelic stock. Source: Shutterstock CMPS and other companies championing psychedelic-based therapies are seeing legalization tailwinds grow rapidly. Many cities across the U.S. are in talks to decriminalize psilocybin, among other substances. Cities in
Square’s (NASDAQ:SQ) deal to buy Australia’s Afterpay (OTCMKTS:AFTBY) for $29 billion in new stock sent SQ stock up 10% but landed like a bomb on the payments industry. Source: Jonathan Weiss / Shutterstock.com Processors Visa (NYSE:V) and MasterCard (NYSE:MA) both fell, Visa by nearly 2.5% and MasterCard by more than 2.75%. It could have meant
Skillz (NYSE:SKLZ) stock has been taking a beating, but underneath the weakness in share price, the operating fundamentals behind SKLZ are improving. More specifically, we’re huge fans of the company’s technological expansion. Source: Gorodenkoff / Shutterstock.com Skillz currently offers a variety of mostly casino-like games like Solitaire, 21 Blitz and pool, as well as some
The market has decided that Aon (NYSE:AON), the British insurance conglomerate, goofed in merging with rival Willis Towers Watson (NASDAQ:WLTW) and AON stock paid the price. Source: Shutterstock Fortunately, the U.S. Justice Department got them off the hook. The two companies abandoned their plans in the wake of an antitrust lawsuit. In response Aon stock
History has repeatedly shown that market crashes are almost a “natural” part of the investing cycle. On July 19, the S&P 500 saw its worst single-session plunge in months, fueling speculation that a major correction might be around the corner — and that will provide stocks to buy. The spread of the delta variant, which
Stem (NYSE:STEM) is a new kind of manager with assets under management (AUM). Its assets are electricity storage assets (large batteries), instead of monetary assets, and its service or value-added is AI-based software. But it is just as profitable as other managers — or soon will be — as it gains scale. As a result,
Newegg Commerce (NASDAQ:NEGG) is a California-based online retailer that specializes in computers, electronics, PC and gaming accessories and related products. Newegg has been in business since 2001, but the company only went public this May. In a reverse merger (details here) it became Newegg Commerce. NEGG stock began trading on May 20, and since then it
Navigating the stock market is never easy, particularly in these times. Although the markets are on fire, value investors are still squeamish on which stocks to buy. After all, this economy is dominated by electric-vehicle (EV) plays and SPACs, or special purpose acquisition companies. Understandably, the whole situation can confuse the best trader. That’s why
Electric vehicle (EV) stocks have seen renewed enthusiasm recently. However, this optimism has provided little solace for long-time investors in Workhorse (NASDAQ:WKHS). The stock has more than doubled from its low point in May around $7 to a recent high of $18. WKHS stock closed today trading at $11.46 per share, which is a long
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