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
Stocks to buy
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
As a hypergrowth investor, I spend a large portion of my time analyzing emerging small-cap stocks that could turn into the “next big thing.” I’m constantly searching for big 10X winners and the next Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), and Facebook (NASDAQ:FB). Source: Shutterstock Indeed, I’ve found more than a few 10X winners. Like Advanced Micro
Fisker Inc (NYSE:FSR) closed its merger with a SPAC (special purpose acquisition company) on Oct. 30 and started trading under its own symbol. FSR stock now looks like a winner since it received a number of benefits at the close of that transaction. Source: Shutterstock For one, the company says that it received “in excess
Facebook (NASDAQ:FB) stock surged by nearly 10% after Election Day 2020, as Democrats failed to materialize a blue wave. That jibes with investor concerns heading into the election, which were fueled by worries a Democrat-controlled government would install sweeping reform across the Big Tech landscape. Bad news for Facebook stock, right? Source: Cryptographer / Shutterstock.com
While the stock market surged on the heels of a wild Election Day 2020, red-hot solar stocks went dim, with The Invesco Solar ETF (NYSEARCA:TAN) shedding as much as 6%, and many headline solar stocks — like First Solar (NASDAQ:FSLR) and SolarEdge (NASDAQ:SEDG) — dropping more than 10%. Why? Because the election will likely end
Although e-commerce solutions provider Shopify (NYSE:SHOP) reported blowout third-quarter numbers in late October, which blew past expectations, Shopify stock still dropped after the print because the magnitude of the Q3 earnings beat was smaller than what the company reported in Q2. Source: Paul McKinnon / Shutterstock.com Specifically, Shopify topped Q2 earnings estimates by over a
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,
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