As we move closer to a vaccine that will end the novel coronavirus pandemic, several biotech stocks are losing steam. And it’s understandable. Aside from the tech sector, pharmaceuticals have been the biggest beneficiaries of the pandemic. Markets are reacting hyperbolically to any news regarding a potential Covid-19 vaccine. It’s not surprising that Sorrento’s (NASDAQ:SRNE)
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With the holiday season approaching, I would not mind having some extra dollars in my pocket. I’m sure you feel the same. But how can we make that happen? A good idea is to allocate some funds toward short-term trading. That’s because the returns in short-term stocks can be really surprising. I also believe that
After an impressive month of growth in November, shares of Canopy Growth (NASDAQ:CGC) stock are ticking higher on Wednesday. Source: Shutterstock The move comes after BioSteel, a sports nutrition and hydration company, entered an agreement with the Philadelphia 76ers of the NBA to become the official sports drink of the franchise. The multi-year deal includes
Check out the companies making headlines before the bell Wednesday: Pfizer (PFE), BioNTech (BNTX) — Shares of Pfizer and BioNTech rose 3.4% and 5.8%, respectively, in the premarket after the U.K. approved the Covid-19 vaccine designed by the two companies. The rollout is expected to begin next week, with elderly people and medical workers first
With home ownership seemingly out of reach for many young people today, parents may wonder whether they should just give their house to their children at some point? It might be a consideration, for example, if the parents plan to downsize to a new condo or make a former vacation home their full-time residence. However,
Income investors are typically focused on dividends first and foremost. There is good reason for this — high-quality dividend growth stocks like the Dividend Aristocrats have often produced superior long-term returns with lower volatility than the S&P 500. Top dividend stocks have the ability to provide income to shareholders year after year, even during recessions.
When a sector gets hot, it often brings its weakest plays along for the ride. That’s exactly what going on with Ayro (NASDAQ:AYRO) at the moment. So, if you had any interest in AYRO stock, let me be the first to nudge you the other way. Source: Shutterstock After all, electric vehicles (EVs) are an
With very few avenues remaining for the Trump administration to contest the 2020 election results, Joe Biden will become the 46th President of the United States. While there are myriad implications of the incoming administration, one of them is the reinvigorated push toward clean energy. Naturally, this should serve Plug Power (NASDAQ:PLUG) very well. And
Online e-commerce sales broke new records for Black Friday and Cyber Monday as more consumers opened their wallets. This comes despite the fact that COVID-19 cases are rising. Source: Shutterstock Adobe Analytics found that shoppers spent a stunning $9 billion online this year for Black Friday, almost 22% more than last year’s figure. This represents
Covid-related growth rates are spiking. And it’s not just the virus. A few months ago, The Wall Street Journal reported that retail-investing volumes had climbed 30% on a year-over-year in the first half of 2020 to nearly 20% of all trades. One young client commented that “everyone and his uncle is trading their accounts constantly.”
People wear protective face masks outside Salesforce Tower as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 22, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines after the bell: Salesforce — Shares of the software company dropped
These two brokers have some fundamental differences, one being among the most established discount online brokers while the other is a relative upstart. Fidelity continues to evolve as a major force in the online brokerage space. Fidelity’s brokerage service took our top spot overall in both our 2019 and 2020 Best Online Brokers Awards, as the
Investors in hydrogen fuel cell maker Plug Power (NASDAQ:PLUG) have had a great year so far. PLUG stock is up over 730% year-to-date and hit a recent multi-year high on Nov. 24. Its 52-week range has been $2.53 – $28.70. Source: Shutterstock The presidential election season has been the catalyst behind the rally in many alternative
Is there any stock that has benefited more from the novel coronavirus pandemic than Zoom Video Communications (NASDAQ:ZM)? Not in the tech sector at least. Companies were forced to rapidly accommodate employees who were working from home. Schools switched to online teaching. Families and friends adopted video conferencing to keep in touch. Zoom was easy
View Smart Windows is planning to go public via a merger with special purpose acquisition company (SPAC) CF Finance Acquisition (NASDAQ:CFII). Source: Shutterstock.com News of the SPAC merger between View Smart Windows and CF Finance Acquisition have CFII stock on the move Tuesday. This has resulted in more than 6 million shares of CFII changing
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters S&P’s action on Tesla showed the growing power of indexers and passive investing. S&P Dow Jones Indices has announced that Tesla will be added to the S&P 500
Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines midday Monday: Moderna — Shares rallied more than 14% after the drugmaker said its coronavirus vaccine candidate was more than 94% effective in preventing Covid-19 during a trial. The
Both of these brokers have features built to appeal to buy-and-hold investors who take a long view. Vanguard built its reputation on mutual funds, and it is the world’s top provider of index funds. The brokerage was launched in 1983. Merrill Edge started operations in 2010 following Bank of America’s acquisition of Merrill Lynch, so
2020 has been a year like no other. Source: iQoncept/shutterstock.com Tragic wildfires in Australia and California. Social justice protests and riots across the U.S. A contested presidential election. A pandemic that shuttered schools and businesses around the world during the spring, as well as reignited restrictions with the fall resurgence of the virus. A subsequent
2020 has been a very volatile year for the U.S. stock market. Hyliion (NYSE:HYLN) stock is one example of a stock soaring too fast too high and then declining too fast as well. It lost almost half of its value in less than a month. The Hyliion stock price went from $10 in early June