Switchback Energy Acquisition Corp. (NYSE:SBE) announced on Sept. 24 an electrifying merger with ChargePoint, the electric vehicle (EV) charging company. Since that time SBE stock has been on a tear. Source: Michael Vi / Shutterstock.com For example, at the time of the announcement the stock was at $12.46 per share, and today it’s at $16.88,
Stocks to buy
As airport traffic continues to recover, airline stocks are popping back up again on investors’ radars. On that list should be Delta Air Lines (NYSE:DAL), one of the higher quality companies in the industry. That said, Delta airlines stock is not a quick trade for bulls — it’s a long-term hold as the industry forges
The novel coronavirus pandemic has completely upended the markets and changed the nature of investing. But what is also true is that there are several domains where market movements have surprised us. One sector, which should be going south but isn’t, is real estate. The housing market is red hot at the moment, mainly due
Nokia (NYSE:NOK) stock is slowly getting on the nerves of the patient . While the shares of several tech companies are climbing at breakneck speeds, Nokia stock is meandering along at a sluggish pace. After a brief period trading over $5.00, the shares are now changing hands for around $3.50. Source: rafapress / Shutterstock.com Granted,
It’s been a great year to be involved with gold. For example, the SPDR Gold Shares (NYSEARCA:GLD), is higher by 24.5%. However, it’s an even better time to embrace gold stocks. The VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) proves as much with year-to-date gain of almost 32%. Those data points underscore the double-edged sword that
The Trade Desk (NASDAQ:TTD) stock took off like a rocket ship in early November after the programmatic advertising leader reported huge revenue and profit beats in its third-quarter earnings report. Source: shutterstock.com Specifically, The Trade Desk topped revenue estimates by an impressive 20%, while almost tripling consensus earnings estimates. TTD stock soared about 30% to
Square (NYSE:SQ) stock popped to all-time highs in early November after its third-quarter earnings report absolutely crushed analyst estimates. Source: Jonathan Weiss / Shutterstock.com Specifically, Square’s Q3 revenues came in about 50% above expectations, while profits doubled consensus estimates. SQ stock rallied more than 10% in response. Zooming out, the huge third quarter earnings beat
Investors have been distracted by election-related issues, but there’s a hidden winner amidst the confusion. I’m referring to Penn National Gaming (NASDAQ:PENN). But, how exactly are PENN stock holders winning? Source: Casimiro PT / Shutterstock.com Overall, the company — which owns gaming and racing properties and machines, as well as a stake in sports betting and
If you’re looking to buy yourself a little pre-holiday investment gift for putting up with the novel coronavirus in 2020, forget penny stocks. Look to cheap stocks under $10 instead. According to Finviz.com, there are 33 stocks currently trading at $5 or less with a market capitalization of $2 billion or more. However, if you
Despite the doubters and the short-sellers, Pinterest (NYSE:PINS) stock continues to soar to new highs. But now investors are getting something in Pinterest stock they rarely get: a huge opportunity to buy after great news. Source: Nopparat Khokthong / Shutterstock.com Pinterest reported earnings on the evening of Oct. 28 and shares soared as much as
Robinhood investors have already proved that they have a knack of picking stocks that outperform. Investors need to do their homework before investing or trading in any stock. However, it makes sense to keep a watch on the Robinhood stocks that the platform’s investors are picking. With several new initial public offerings this year, there
Twilio (NASDAQ:TWLO) stock dropped in late October after the cloud communications giant reported third-quarter numbers that smashed consensus estimates, but also included a weaker-than-expected profit guide for the fourth quarter. Source: rafapress / Shutterstock.com Because Twilio stock has been so hot for so long — as of this writing, the stock is up 194% year-to-date
Editor’s note: “20 Election Stocks to Buy if Joe Biden Wins in 2020” was previously published in October 2020. It has since been updated to include the most relevant information available. Heading into the final weeks before the 2020 Presidential election, polls suggest that Joe Biden, a Democrat, has a slight lead over the Republican incumbent,
Editor’s note: “20 Election Stocks to Buy if Donald Trump Wins in 2020” was previously published in October 2020. It has since been updated to include the most relevant information available. When it comes to the topic of election stocks to buy, I have generally suggested that you should consider companies that will do well
Some of Robinhood’s wealth, flush with cash from three rounds of fund raising this year, seems to be rubbing off on investors trading on the platform. In June, Goldman Sachs reported that “amateurs’ favorite stocks are beating hedge fund picks.” Two months later, Adam Sender’s volatility hedge fund was reported to have returned 30% partly via
Master Limited Partnerships — or MLPs for short — are highly appealing for income investors. That’s because they typically offer high yields. But investing in MLPs can still be a double-edged sword. Why? They are highly concentrated in the oil and gas industry, one of the hardest-hit segments of the economy over the past year.
Penny stocks are a fascinating part of the stock market. The high-risk high-reward nature of penny shares makes them compelling. Everyone has seen that stock that went from a buck to $10 a share, creating a small fortune for traders. On the other hand, it’s no secret that most penny stocks aren’t great investments. After
The stock market remained volatile for much of this year but it also presents a great opportunity for beginners. Most major stocks are priced at their worst-case scenario at the moment. This means an investment made today can result in lucrative long-term returns. But which stocks to buy for beginners? When it comes to making investments in
Plant an App is a Romania-based startup that operates a low-code platform. To boost growth, the company is also raising money on the Republic equity crowdfunding site. The minimum investment needed to buy Plant an App stock on the website is only $150. Source: Shutterstock The founder and CEO of the company is Bogdan Litescu.
Industrial stocks continue to claw back their losses, although the sector has not been as robust as some other areas of the market. The sector is still 10.6% below its prior 2020 highs. Those were set in the first quarter of the year, before the novel coronavirus rattled the market. For what it’s worth, that’s