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.
Stocks to buy
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
The pandemic has kickstarted growth in many nascent industries. For instance, video conferencing has had an unprecedented boost. Likewise, biotech stocks have exploded. And finally, virtual healthcare has seen a huge increase. Few companies have benefited more from that than Teladoc (NYSE:TDOC). With health now more important than ever, demand for the company’s services boomed. So
A novel coronavirus vaccine was perhaps the most in-demand item throughout 2020. As the world eagerly awaits these vaccines, the market opportunity for the companies that produce them has proven exponential. In this case, even the third or fourth finisher has a lot to gain. Novavax (NASDAQ:NVAX) may not be at the top as a
I’ll cut straight to the chase here. Arguably one of the best hypergrowth stocks to buy for the next 10 years is FuboTV (NYSE:FUBO) stock. Why? Let me answer that question with another question. Does it not seem odd that, although the streaming TV revolution has forever disrupted the multi-trillion-dollar global entertainment industry, we’ve only
A highly anticipated test flight from space tourism pioneer Virgin Galactic (NASDAQ:SPCE) ended prematurely this weekend after the engine of its SpaceShipTwo vehicle ‘Unity’ did not fully ignite due to a lost connection. Virgin Galactic stock — which had rallied big into the event — dropped about 15% in response to the “botched” flight. Source:
It’s safe to say this hasn’t been a great year for value investors. While names in big tech, electric vehicles (EVs) and other high-growth industries thrived in 2020, old school value stocks struggled to bounce back after March’s crash. Granted, many of these stocks have now returned to pre-pandemic levels. But, some continue to languish
Despite the ravages of the novel coronavirus pandemic, major indices continue to trade near or at all-time highs. But it’s also the types of sectors that are flying that make this dichotomy incredibly perplexing. For instance, the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is nearing 40% gains year-to-date while some state eviction moratoriums are about