Despite numerous catalysts, Slack Technologies (NYSE:WORK) stock has gone through bouts of volatility. No stock is immune to volatility, but many investors have been disappointed with Slack stock lately. Source: Shutterstock That’s as cases of the novel coronavirus continue to rise at a rapid rate. Yet despite that, Slack stock hasn’t really responded the way
Stocks to buy
Hacks happen to the most conscientious among us. Your credit cards, bank accounts, retailer-held account information and other types of individual identification data and information are all lucrative opportunities for all sorts of bad actors around the globe. And hacks occur every day on a 24/7 basis every second. The Breach Level Index from major
Pundits and analysts are starting to realize the great potential of vehicles powered by fuel cells and the huge profits that modern, connected vehicles can generate. Meanwhile, in recent weeks, the sentiment toward Nikola (NASDAQ:NKLA) on the Street appears markedly improved. Given all of these points, along with my upbeat view of Nikola’s technology and
Do we finally have blue skies ahead for airline stocks? It’s too early to sound the all-clear, but things are certainly looking up. The announcement of the Pfizer (NYSE:PFE) vaccine breakthrough last week set off a seismic shift in the stock market. Traders started to dump their tech and work-from-home stocks while buying out-of-favor airlines,
Stocks opened lower on Thursday, but the weakness was short-lived. By day’s end, buyers rallied the troops and jammed the S&P 500 Index higher by 0.39%. However, it was the Nasdaq Composite that delivered the largest gain at 0.87%. The rapid-fire comeback from what could have grown into a second consecutive losing session continues the
Back on June 5, President Donald Trump said Wall Street legend Warren Buffett made a “mistake” by selling United Airlines (NYSE:UAL) and other airline stocks. Buffett dumped his UAL stock and all his other airline names some time in the first quarter. Source: travelview / Shutterstock.com Regardless of what you think about Trump, he has
In line with my previous prediction, the recent robust economic recovery boosted Wells Fargo’s (NYSE:WFC) third-quarter results nicely. Meanwhile, the valuation of WFC stock remains extremely attractive and worries about the bank’s previous scandals are tremendously overdone. Source: Ken Wolter / Shutterstock.com Wells Fargo’s earnings per share came in at 42 cents, up from a
Shares of special purpose acquisition company Switchback Energy (NYSE:SBE) spiked on Nov. 17 on a wave that was triggered by good news in the electric-vehicle segment. Owners of SBE stock saw their holding rise some 15%. Source: Scharfsinn / Shutterstock.com The increase demonstrates the segment’s sensitivity and underscores the volatility associated with this immature area
The world has changed, but this time it’s for the better. But amid a market made up of stocks and some of which are bound to outperform on both an absolute and relative basis, three ‘stay away’ companies are making breakouts worthy of being stocks to buy for your portfolio today. Wall Street received a
What names come to mind when you think of stay-at-home stocks? Upscale exercise bike maker Peloton Interactive (NASDAQ:PTON) might not be at the top of your list, but perhaps it ought to be. After all, PTON stock increased in value largely due to the home-exercise trend precipitated by the novel coronavirus. Source: JHVEPhoto / Shutterstock.com Yet
Solar stocks are heating up, because it has become abundantly clear on Wall Street that solar is the backbone of tomorrow’s clean energy powered world. To play this emerging solar megatrend, investors should consider charging up their portfolio with SolarEdge (NASDAQ:SEDG) stock. Source: Shutterstock In a nutshell, SolarEdge is a leading solar company that provides
Yet, through a reverse merger with special purpose acquisition company (SPAC) Social Capital Hedosophia Holdings II (NYSE:IPOB), traders can now take a stake in Opendoor through a long position in IPOB stock. Source: Shutterstock Real estate, reinvented. That’s what real estate technology services firm Opendoor envisions for the future, but it wasn’t tradable until recently. I
Macroeconomic conditions typically affect industries in different ways. But whenever an economic decline occurs, shares of businesses operating in cyclical sectors get adversely affected. This year’s pandemic has pushed many economies around the world close to a recession. But in November, hopes of a coronavirus vaccine drove greater positive investor sentiment. Today we will take
It’s hard to believe, but way back in January 2017, I suggested that NextEra Energy (NYSE:NEE) should replace DuPont de Nemours (NYSE:DD) in the Dow Jones Industrial Average. I thought NextEra Energy stock was a buy. Source: madamF / Shutterstock.com And I still do. Here’s why. Renewable Energy Is Not Going Away Before I get
When looking at the best entertainment stocks to buy, investors are realizing that upcoming holiday season is unlikely to be the same as the previous years. Another wave of coronavirus infections would imply that consumers are more cautious. However, in the last two months, U.S. consumer confidence has improved and this will translate into higher
As a leading developer of renewable energy, NextEra Energy (NASDAQ:NEE) is poised to get a tremendous boost from Joe Biden’s apparent victory in the 2020 presidential election. As a result, I believe that more conservative investors looking for exposure to the solar sector should buy NEE stock. Source: madamF / Shutterstock.com In the 2020 campaign,
Digital-medicine company Teladoc Health (NYSE:TDOC) has been one of the most high-profile healthcare companies of 2020. As a result, both buyers and sellers have furiously traded Teladoc stock, pushing the daily volumes to new highs this year. Source: Piotr Swat / Shutterstock.com In late October, Teladoc officially finalized its merger with applied health signals specialist Livongo
There’s simply so much to like about Tencent (OTCMKTS:TCEHY). And to some extent, the market gets that. But there’s still a longer-term opportunity for TCEHY stock. Source: StreetVJ / Shutterstock.com After all, it’s not as if investors aren’t paying attention to Tencent. Following yesterday’s third-quarter earnings report, Tencent currently has a market capitalization of about
Edge-computing services provider Fastly (NYSE:FSLY) was a darling of the tech sector for a while in 2020. No company can be a market favorite forever, though, and eventually gravity took hold of FSLY stock. Source: Pavel Kapysh / Shutterstock.com Is that terrible news for prospective investors of FSLY stock? Not at all. In fact, I’ve given
On one level, the surge in interest toward electric vehicles when the novel coronavirus pandemic capsized our paradigm was peculiar, to say the least. Because Covid-19 isn’t just a health crisis but an economic one as well, now didn’t seem to be the best time to buy a car. However, the disruption to global automotive