One of the big mistakes I made in my own portfolio was to sell Costco Wholesale (NASDAQ:COST) stock. Source: ilzesgimene / Shutterstock.com It happened in late 2017 when I was looking to raise cash. I sold my shares at $163. Now they’re trading at roughly twice that amount. I have nothing against Costco. I love
Stocks to buy
In the wake of the onset of the novel coronavirus, video-game accessory companies like Corsair Gaming (NASDAQ:CRSR) have largely flourished. And with that, CRSR stock holders have done well in the long term — but recently the share price declined. Source: Shutterstock Some folks might be tempted to dump their shares and take profits if their
Some folks would say that cryptocurrencies like Bitcoin (CCC:BTC-USD) are the future of money. But if you’re in the crypto camp, then you might want to check out cryptocurrency-mining technologist Argo Blockchain (OTCMKTS:ARBKF). There has been a significant recent development concerning ARBKF stock. Source: Marko Aliaksandr/ShutterStock.com And when I say, “significant recent development,” I’m not just referring
Treasury yields are rising, stocks are falling, and hypergrowth stocks with rich valuations are getting the worst of it. It’s all everyone in the financial markets is talking about. In Friday’s issue, we talked about why this is happening. We explained why the sell-off is overdone and why this is a buying opportunity for long-term
The big bull thesis on streaming TV service operator Netflix (NASDAQ:NFLX) is shockingly simple — it’s all about the content. The better Netflix’s content, the more subscribers it signs up. The more subscribers Netflix retains, the more it can charge for that content. This means that quality has a direct correlation on Netflix’s revenues, margins,
Investors may be bailing out of “story stocks” like EV plays right now. But TPG Pace Beneficial Finance (NYSE:TPGY) stock looks very attractive as it pulls back in price. The SPAC (special purpose acquisition company), has a deal in the works to merge with electric vehicle charging company EVBox Group. Source: Nick Starichenko/InvestorPlace.com EVBox, currently
In the last few days, electric vehicle stocks have witnessed some sharp correction. I am not surprised given the fact that EV stocks went ballistic during the last year. There is also no reason to panic with various estimates pointing to an inflection point in the EV industry. I see the correction as a good
When it comes to SPAC (blank-check company) stocks, it’s been the ones merging with electric-vehicle companies that have garnered the most attention. But don’t count out those pursuing targets in other industries, such as Foley Trasimene Acquisition II (NYSE:BFT) stock. Source: Sulastri Sulastri / Shutterstock.com This SPAC’s sponsor, Bill Foley, may not have the clout
I admit, I had been worried that SunPower (NASDAQ:SPWR) shares had risen too far too quickly. But then, last week, it provided weaker-than-expected first-quarter guidance, causing SPWR stock to tumble. Source: IgorGolovniov / Shutterstock.com And now that the shares have retreated even further, due largely to the Nasdaq’s recent weakness, and after reviewing the transcript
Online broker Robinhood has changed the game for retail investing by making it easier for investors to participate in the stock market. Launched in 2015, its trading app has gained considerable popularity since the onset of the pandemic, launching several Robinhood stocks to buy higher as the platform expands. Recent research by Michael S.Pagano of
Clean energy stocks are the next frontier in tech investing. Solar, hydrogen fuel cells, biodiesels and even natural gas have soared as governments look to roll out clean energy policies worldwide. Many of these companies will win big. But many of these technologies also have checkered histories. Investors buying clean energy stocks will need to
Amazon’s (NASDAQ:AMZN) stupefying success is a testament to the company’s ability to constantly innovate and remain relevant in an increasingly competitive industry. In the last 12 months, Amazon stock managed to outperform the markets thanks to the recent surge in e-commerce. This was amplified by the growth of Amazon Web Service (AWS) as remote work
A piece of news came across my computer recently that should be welcome for those who own Canopy Growth (NASDAQ:CGC) stock. The company continues to have a sizable impact in the Canadian cannabis market. Up around 36% year-to-date, CGC stock has what it takes to keep moving higher. Source: Shutterstock Here’s why: Canadian Cannabis Continues
The problem so many investors have — myself included — is that we suffer from what mathematician John Allen Paulos called “innumeracy.” So when I tell you that Amazon (NASDAQ:AMZN) is worth $1.6 trillion as a company, you might well say, “a billion, a trillion, what’s the difference?” Well, if you hold AMZN stock, there is
Star Peak Energy Transition Corp (NYSE:STPK) is a SPAC (special purpose acquisition company) that will merge with battery-storage management company Stem, Inc. Once that happens, and the symbol changes to STEM, expect to see STPK stock (which will become STEM stock) move up at least 46% from here. Source: NESPIX / Shutterstock.com On Dec. 4, 2020,
Although GameStop (NYSE:GME) is perhaps the best known of the “meme stocks” to go parabolic in January, it wasn’t alone. Shares of AMC Entertainment (NYSE:AMC) also got a jolt as the Reddit crowd attempted to implement a short squeeze. That said, this presents a good news/bad news scenario for AMC stock. Source: Helen89 / Shutterstock.com
While Cloud Czars Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) still sell for around 35 times trailing price-to-earnings, Facebook (NASDAQ:FB) is currently selling for 26.72. Why? Because right now, there’s a misunderstanding about the business and power behind Facebook stock. Source: Ink Drop / Shutterstock.com Investors are told it’s a social network stealing “the
As seen with apps like Robinhood, it’s very easy and cheap to invest nowadays. As a result, the markets have seen a big-time return of retail investors. They have actually become a major force. But this raises a question: for new investors, what are the stocks to buy? Well, as seen with the Reddit forums,
Advanced Micro Devices (NASDAQ:AMD) is a chipmaker that has made the most of the pandemic. In fact, AMD stock is at some of its highest performance levels in recent memory. Source: Sundry Photography / Shutterstock.com Now, the company is looking to expand its market share this year. Once traded in the $2 range, AMD currently
Investors in the Chinese electric vehicle maker Nio (NYSE:NIO) might argue that every day is Nio Day. But there is also an event with that name. It took place on Jan. 9. And when it was over, it gave the company’s faithful many more reasons to love their NIO stock. Source: Andy Feng / Shutterstock.com