Electric delivery van maker Workhorse (NASDAQ:WKHS) was a relatively unknown company for years. Until 2020. Until it became crystal clear that electric vehicles are the future of auto transportation, and Workhorse stock became investors’ favorite way to play the electrification wave in the delivery van vertical. At one point in September, WKHS was up a
Stocks to buy
When GoodRx (NASDAQ:GDRX) stock debuted in September, its price immediately leaped 60%, peaking at $57 in early October. Regular investors couldn’t have bought shares at any reasonable value, so I wrote GDRX stock off as “yet another high-priced 2020 IPO.” Source: II.studio / Shutterstock.com Shares, however, have since declined to a more reasonable $52. At
The novel coronavirus pandemic has been tough on all sectors but none more so than the restaurant industry. However, things are finally improving, as retail sales at US restaurants grew considerably in September. The stocks to buy in the sector are still those with successful delivery and take-out operations. The sector added more than 200,000
This year, there a dizzying number of special purpose acquisition companies (SPACs) going public, many of which have ties to the electric vehicle (EV) industry. Switchback Energy (NYSE:SBE) isn’t among that group because it’s initial public offering took place last year, but SBE stock could prove to be one of the SPAC stars of the
Apple’s (NASDAQ:AAPL) iPhone event on Oct. 13 has made many investors more interested in the shares of companies that are involved in the 5G space. One such name is Nokia stock. Source: RistoH / Shutterstock.com Recent research by Nokia and Nokia Bell Labs determined that “5G-enabled industries have the potential to add $8 trillion to
The utility sector comprises companies that provide essential products and services, including water, electricity, natural gas, sewage, and other services. The sustained demand for these services has helped utility stocks generate stable earnings. Due to the reliability of earnings, these companies can effectively payout dividends at significantly higher average yields. Hence, the unmatched combination of
With the pedal to the metal, electric vehicle stocks show no signs of slowing. In fact, most could see far more upside including Tesla (NASDAQ:TSLA), Nio (NYSE:NIO), and most notably, Workhorse Group (NASDAQ:WKHS) and WKHS stock. Source: Photo from WorkHorse.com The last time I weighed in on the stock, I said, “While the shares won’t explode
For years, Under Armour (NYSE:UAA) has been an eyesore in the otherwise burgeoning athletic apparel market, and Under Armour stock has paid the price. Over the past five years — while Nike (NYSE:NKE) stock has risen 100%, Adidas (OTCMKTS:ADDYY) stock has risen 300% and Lululemon (NASDAQ:LULU) stock has risen 600% — Under Amour has lost
Like many small biotech companies, Aptorum Group (NASDAQ:APM) is definitely a high-risk, high-reward name. But I think the risk-reward ratio for APM stock is favorable at its current levels. Source: Pavel Kapysh / Shutterstock.com On Sept. 29, Aptorum announced that it had made a deal to create novel rapid pathogen identification and detection diagnostics (RPIDD)
Let’s cut straight to the chase. GrowGeneration (NASDAQ:GRWG) stock could be one of the best stocks to buy right now for huge gains in November and December. The logic is pretty simple. Pollsters and betting markets are saying that Joe Biden has a strong chance of winning the 2020 U.S. Presidential Election. His running mate,
“Make America Great Again?” If you’re a Biden fan or even if you’re not, the U.S. could be getting ever closer to that reality. And while a chorus of warnings for stocks comes with a new Commander in Chief, these three Democrat-backed, election stocks to buy stand to prosper and are ready for your portfolio
For most of the 2010s, Tesla (NASDAQ:TSLA) has been one of the market’s most polarizing battleground stocks. But, over the past year, this bull versus bear debate has become increasingly one-sided, as TSLA stock has soared more than 800% on the back of record demand, record deliveries, record revenues and record profits. Source: InvestorPlace Have
Searching for companies to invest in can be an interesting and challenging task using financial analysis. From the huge number of U.S. stocks publicly traded, stock screeners can help a lot to narrow down the list based on some investment criteria. For this article, the main investment criterion is mammoth growth in 2021. Growth in
I’m a big bull when it comes to online gambling (or “iGaming”), saying back in mid-August that DraftKings (NASDAQ:DKNG) stock was a great buy to play this emerging megatrend. Source: Stokkete/ShutterStock.com Since then, DKNG stock rose as much as 83%. But, at a $20 billion market cap, DraftKing stock now feels fully priced for enormous
The semiconductor market is hot, but Taiwan Semiconductor (NYSE:TSM) is hotter. In 2020, TSM stock is up 51%, topping the widely followed PHLX Semiconductor ETF (NASDAQ:SOXX) by about 30 percentage points. Source: Sundry Photography / Shutterstock.com For many investors in the U.S., Taiwan Semiconductor isn’t a household name like Nvidia (NASDAQ:NVDA). But Taiwan Semiconductor’s business
In late September, a U.S. House vote to remove marijuana from the federal Controlled Substances Act was delayed until after the presidential election. If the House remains controlled by Democrats, industry analysts expect the Marijuana Opportunity Reinvestment and Expungement (MORE) Act to potentially pass before the end of 2020. Then, it would be up to
Throughout 2020, Bed Bath & Beyond (NASDAQ:BBBY) stock has been one of the market’s best turnaround stories, with its shares surging more than 600% off their coronavirus-induced March lows. Source: Shutterstock That’s partly because consumer spending has risen since then and partly because Bed Bath & Beyond’s management is doing everything right to turn this
Small cars have never sold well in the United States. ElectraMeccanica (NASDAQ:SOLO) – an electric vehicle pioneer that is on the cusp of bringing a purpose-built, single-seat, three-wheel electric car (dubbed Solo) to market in late 2020 – hopes to change this reality and sell a bunch of “tricycle” EVs over the next few years. If
Most investors typically value precious metals as safe havens in times of an economic downturn. Due to the novel coronavirus-led market slowdown, several investors have turned to precious metals in protecting their investments. For example, gold prices have risen over 27% in the past year compared to 19% growth in the S&P 500 index. However,
The market has been on a raging rebound since late March. A lot of stocks have seen tremendous returns, but it’s challenging to jump on a moving train. But worry not, because there are some great stocks that have benefited from quarantine trends but are also rising on their own merits — well managed and