Due to the onset of the novel coronavirus pandemic, Walt Disney (NYSE:DIS) hasn’t been able to rely on theme park visitors to keep the company afloat. Indeed, DIS stock holders have been forced to turn their attention to the company’s streaming service, Disney+. Source: Ivan Marc / Shutterstock.com Don’t get the wrong idea – people are
Stocks to buy
Alibaba Group Holding (NASDAQ:BABA) is going through what some wags call its “Cambridge Analytica moment.” Source: testing / Shutterstock.com They mean that like Facebook (NASDAQ:FB) before it, Alibaba has been caught in a scandal involving how it uses data. China’s government is cracking down on its “Cloud Emperors.” The company even suffered a loss in
Editor’s Note: This article is a part of our “Top Grad Stocks 2021” series, where our savvy market analysts recommend their best picks for new graduates’ portfolios. Check out “Money Moves for Recent Grads” for more finance advice and click here to see more stocks for your must-buy list. Source: Ken Wolter / Shutterstock.com With most colleges having concluded the school year
It has been a difficult couple of weeks for Tesla (NASDAQ:TSLA) investors. TSLA stock is down 35% from a 52-week high of $900. In the past month, shares have declined 21%, underperforming the S&P 500, which is flat over the same period. Market jitters aside, it’s clear the on again, off again short call on
One of the least favorite federal agencies, the Internal Revenue Service (IRS) is not known for its friendly posture. Nevertheless, let’s give credit where it’s due. The IRS had the good sense to know that many Americans were hurting. Therefore, it decided to extend its tax filing deadline to May 17. If you’re a procrastinator,
Just name an investment theme backed by a big idea. Chances are, numerous stocks associated with that theme have managed to soar to the stars, only to fall back to Earth in spectacular fashion. This is the nature of the beast with many investments, especially those tied to hot market trends and sexy growth narratives.
As Republicans in Congress make a new push for federal legalization of cannabis, it’s a good time to hold some quality cannabis stocks. It’s expected that the legal cannabis market could be worth $100 billion in the United States alone by 2030. Further, Canada is already an attractive market and medicinal cannabis is gaining traction
Five of the past eight trading days have ended in the red, driven by fears of inflation. Last week, the market was startled by the news that the Consumer Price Index (CPI) posted its largest month-over-month increase since 2009. Making matters worse was that CPI also had its largest year-over-year rise since 2008. Tech stocks
Cisco Systems (NASDAQ:CSCO) is like your favorite sports team, assuming you’re a real fan and don’t just follow whoever wins. It’s always wait until next year. Since its glory days during the dot-com era, when it was briefly the world’s most valuable company, CSCO stock has been regularly disappointing investors. It’s still about 35% below
Stem (NYSE:STEM) has a very profitable battery energy hardware and storage business that the market does not fully appreciate. Since going public via SPAC (special purpose reverse merger) on April 27, STEM stock has dropped 26% from $26.61 on April 28 to $21.10 on May 20. I think the stock is worth at least 71% higher
Amazon’s (NASDAQ:AMZN) core businesses performed extremely well last quarter, causing its shares to look quite appealing. But that’s not the only thing that’s looking up for AMZN stock. Source: Mike Mareen / Shutterstock.com In addition to a healthy first quarter, AMZN is quite attractive now because of the e-commerce giant’s promising initiatives, as well its
Up until last week, shares in renewable biofuels company Gevo (NASDAQ:GEVO) had slumped almost 70% from mid-February highs. For those who believed in the growth potential of the company, this represented a huge buying opportunity. However, after reporting Q1 earnings on May 13, GEVO stock has rallied. Source: Oleksiy Mark / Shutterstock.com More specifically, GEVO popped
Lyft, Inc. (NASDAQ:LYFT) is probably at an inflection point. LYFT stock is set to move higher, and as such, it looks like good value here. People are starting to move and travel more as economic growth rises. Source: TY Lim / Shutterstock.com Lyft management said as much in their May 4 earnings release for Q1:
There’s no denying it: I’ve been bullish on lidar (light detection and ranging) company Luminar (NASDAQ:LAZR) for quite some time. However, I’ll admit that my recommendation of LAZR stock in March was ill-timed. Source: JHVEPhoto/shutterstock.com Unfortunately, the share price tanked in April and hasn’t regained its footing yet. So, does this mean it’s time to cut
Online entertainment platform Roblox (NYSE:RBLX) offers gamers an immersive virtual world and an escape from reality for a while. The game has maintained strong appeal during the Covid-19 pandemic, and as a result, RBLX stock holders have enjoyed fairly strong returns. Source: Miguel Lagoa / Shutterstock.com Soon after the stock became publicly available for trading, I
Have you ever watched the cheering crowds at an Ultimate Fighting Championship (UFC) event and wondered if you could invest in the company? Well, now you can (indirectly, at least) as UFC parent company Endeavor Group (NYSE:EDR) recently had its initial public offering (IPO) of EDR stock. Source: A.RICARDO/Shutterstock.com As we’ll see, the shares have
Is it time to think about the fear trade again? That’s the question that many investors are undoubtedly pondering. Although the benchmark indices moved higher on the May 13 session, snapping a three-day losing streak, their technical posture doesn’t look particularly encouraging. Therefore, the idea of rolling over into consumer staples recently gained much traction.
Paysafe (NYSE:PSFE), a London-based online payments company, and Foley Trasimene Acquisition II Corp, billionaire Bill Foley’s special purpose acquisition company (SPAC), completed their reverse merger in March. Since then, shares of PSFE stock have oscillated wildly. But this month, PSFE stock has fallen nearly 25%. Source: Sulastri Sulastri / Shutterstock.com This should not come as
One of the stock market’s greatest success stories of the past decade is Shopify (NYSE:SHOP). The company was founded by three college buddies who were trying to create an online snowboarding business. But they quickly realized that the tools they had built to create that website were highly scalable and very valuable in helping other people
Shares of Chinese electric vehicle (EV) giant Nio (NYSE: NIO) have slowed down considerably in the past three months. The correction in EV and Chinese stocks has impacted Nio stock, which shed 44% of its value in the past three months. However, its growth catalysts remain intact, and the recent dip is an excellent opportunity for