Stocks to buy

Editor’s note: “9 Stocks to Buy This Month” was originally published July 9, 2020. It is updated monthly to reflect the current state of the markets and best stocks to buy for that month. With the presidential election just over two weeks away, the case for stocks to buy this month couldn’t be more tense.
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A lot of promising companies have burst onto Wall Street’s scene over the past few months via reverse mergers with special purpose acquisitions companies (SPACs), but few have made as flashy of a debut as electric trucking company Hyliion (NASDAQ:HYLN) stock, which went public through blank-check company Tortoise Acquisition Corp. Source: Shutterstock When this merger
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When it comes to the burgeoning luxury EV market, Tesla (NASDAQ:TSLA) gets all the love on Wall Street — and reasonably so. Elon Musk and company pioneered the space, dominate the space and continue to make the market’s best and most desirable vehicles. But in this market traditionally dominated by Tesla, it’s time to start
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Landcadia Holdings’ (NASDAQ:LCA) merger with Golden Nugget Online Gaming provides an attractive entry into the booming online market, at a price significantly lower than its peers’ valuations. As a result, LCA stock is up roughly 49% this year. Source: 9dream studio / Shutterstock.com Golden Nugget is among the two pure plays in the online gaming industry,
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The old guard brick-and-mortar retail industry is under duress. In the first half of 2020, 18 retailers filed for Chapter 11 bankruptcy protection while the number of store closures hit another record. All the while, Walmart (NYSE:WMT) is thriving. WMT stock is up 18.55% year-to-date, topping the S&P Retail Select Industry Index by 300 basis
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We are witnessing a new age of medicine with the increasing acceptance of people’s right to what goes inside their bodies. Over the past decade, several researches have come out supporting psychedelic-inspired medicines in treating conditions including addiction, depression, and ADHD. Hence, the “shroom boom” is here and is likely to propel psychedelic stocks as
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With the Las Vegas Strip continuing to rebound and MGM (NYSE:MGM) receiving a roughly $1 billion investment from IAC (NASDAQ:IAC), the outlook of MGM stock has improved. Source: Michael Neil Thomas / Shutterstock.com Additionally, following the widespread introduction of a successful vaccine for the novel coronavirus, MGM is set benefit from a huge amount of
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