We are finally at the tail end of a horrific year on Main Street. It has been the exact opposite on Wall Street because stocks are still setting new records despite all of this year’s madness. There have been tremendous winners and among them is Square (NYSE:SQ) stock, which we will discuss today. Source: IgorGolovniov
Stocks to buy
Digital payments processor PayPal (NASDAQ:PYPL) is a well-known name among merchants and customers alike. It’s also quite familiar to market traders as PayPal stock has rocketed higher in 2020. Value-focused investors might balk at the idea of buying PayPal stock after its incredible run-up. However, the company’s strategic moves indicate that there could be more gains
The past two months have brought relief and recovery to airline stocks. Boeing (NYSE:BA) has been bid up alongside the industry allowing Boeing stock bulls to establish a foothold. Source: Alex JW Robinson / Shutterstock.com With the turnaround, the price trend has improved dramatically and looks healthier than at any point in 2020. Today we’re
The shares of major cannabis stocks have been rising after Joe Biden won the presidential election. It’s generally believed that the president-elect will loosen cannabis regulations, paving the way for the drug to be legalized, both for recreational and medicinal purposes, in more states. It’s against this backdrop that Hexo (NYSE:HEXO) stock shot up after
Investors seeking exposure to the driverless car revolution now have the option of choosing from a variety of self-driving car stocks. Several companies are racing to get the first fully autonomous vehicle on the streets. Barring special trial programs, we are yet to see the first fully autonomous vehicle on the market, meaning the market
Two days before Christmas 2020 — when many investors and traders were looking to just relax and prep for the holidays — fleet electrification company XL Fleet (NYSE:XL) took Wall Street by storm, with XL stock soaring as much as 80% in a single day on the back of a confluence of good news. Source:
Shares of electric delivery van maker Workhorse (NASDAQ:WKHS) have sprinted higher in 2020 on hopes that the company will win a big contract from the U.S. Postal Service, thereby laying the groundwork for the company to become the de facto leader in electric delivery vans throughout the 2020s. Workhorse stock is up almost 670% year-to-date.
I never thought I would be writing a “best stocks for 2021” article regarding Bed Bath & Beyond (NASDAQ:BBBY). But the turnaround work that management is undertaking could make BBBY stock a massive winner over the next 12 months. Source: Shutterstock In the first quarter of 2020, BBBY stock wasn’t even on my mind. No
The U.S. stock market has rarely seemed more out of touch with reality. Mega-capitalization tech stocks have continued to soar amidst the coronavirus pandemic, confounding market analysts with their ever-growing valuations. As 2021 approaches, however, markets have started to regain their sanity. Since September, growth stocks have mostly traded flat while cyclical stocks have embarked
If you’ve been reading the financial news lately, you’ve probably seen headlines about a massive bubble in U.S. tech stocks. IPO (initial public offering) madness in 2020 has sent stocks such as Airbnb (NASDAQ:ABNB) soaring and delivered great profits for investors. But as hotel stocks are expected to perform well in the post-Covid-19 era in
Moderna (NASDAQ:MRNA) has arguably priced in the medium-term proceeds from its vaccine for the novel coronavirus. But Moderna stock does not yet appear to reflect the potential of its other vaccines under development, the promising drugs it can acquire in the future, or its own status as a potential takeover target. Source: Ascannio / Shutterstock.com
The phenomenal results of its Covid-19 vaccine has propelled Pfizer (NYSE:PFE) stock since late October, with the gain at about 15%. Of course, there has been a general rally across the equities markets as well since it looks like the economy will get back on track next year. Source: photobyphm / Shutterstock.com The effectiveness of
The best presents are the ones that you keep for years and that continue to bring pleasant memories and joy each time you see them. That’s exactly what I’ve tried to assemble here with this list of Christmas stocks — a collection of great companies that are also great investments and will continue to bring
With the growth of digital payments very strong and likely to remain elevated going forward, PayPal (NASDAQ:PYPL), the runaway leader of the sector, continues to be a very good choice for risk-averse investors looking for a technology name. And going forward, PayPal stock will continue to have many powerful growth catalysts, including network effects and
Editor’s note: This article was updated on Dec. 18 to include the latest available information. With 2021 around the corner, it’s become more important than ever for traders to look for long-term stocks that offer reasonable returns without too much risk. These are what I call “millionaire-maker” stocks — high-potential companies with enough stability to
With strong growth, cloud computing has been one of the key investment themes in the last few years. Further, growth for the industry is far from over. Cloud stocks will therefore remain in the limelight in the coming years. To put things into perspective, the cloud computing industry is expected to grow at a compound
It’s not the sexiest of this year’s initial public offering (IPO) crop, but Palantir (NYSE:PLTR) is adding to the chatter that 2020 is looking a lot like the 2000 dot com bubble. In fact, up almost 187% year-to-date (YTD) and trading at a staggering 44.76 times sales, Palantir stock does little to reject the bubble
One year ago, Plug Power (NASDAQ:PLUG) was a little known supplier of hydrogen fuel cells for forklifts that — much like the broader hydrogen market itself — had a history of false starts and empty promises. PLUG stock was trading hands around $3. Source: petrmalinak / Shutterstock.com A year later, that little known hydrogen fuel
What do you think of when I say, “renewable energy”? Probably wind. Maybe solar. Maybe hydrogen. Those are, after all, the three largest renewable energy sources on the planet. And, in the midst of a global clean energy revolution wherein essentially every country in the world is aggressively working to cut carbon emissions, all three
Pretty soon, if everything works out as planned, Social Capital Hedosophia Holdings II (NYSE:IPOB) will have served its purpose and IPOB stock will cease to exist. However, this doesn’t mean that you shouldn’t own the stock. In fact, I’d consider it a strong buy right now. Source: Shutterstock You see, Social Capital Hedosophia is nothing more