During times of uncertainty, investors crave a sure thing. There are times to be “risk-on” and there are times to be “risk-off.” When investors flock to the latter, they often look for companies with no debt. That doesn’t mean these stocks won’t fluctuate with the overall market. But there is a level of comfort in
Stocks to buy
[embedded content] In a sudden and sharp reversal that many were warning about for weeks, red-hot tech stocks fell off a cliff in September, with the tech-heavy Nasdaq index falling into correction territory over the course of roughly one week. Now where are all the good tech stocks to buy? While many out there are
Renewed interest in emerging biotechnology companies lifted Sorento Therapeutics (NASDAQ:SRNE) recently. Excessive bearish volumes against the stock could squeeze them out further. If Sorrento continues to post positive news in its drug and testing developments on the novel coronavirus, then SRNE stock may keep rising. Source: Shutterstock At a 34.3% short float, the bearish bet
[embedded content] Workhorse (NASDAQ:WKHS) has been absolutely on fire in 2020, with WKHS stock skyrocketing 825% higher this year on the back of abundant investor optimism with respect to the company’s ability to disrupt the last-mile delivery market with a next-gen electric delivery van. Source: Photo from WorkHorse.com This optimism is not misplaced. All transportation
There has been so much written this year about the rise in e-commerce stocks in the age of the novel coronavirus, and the rapid shift in shopping habits away from brick-and-mortar stores. As you look for names with the most upside potential, don’t forget about Alibaba (NYSE:BABA) stock. Source: zhu difeng / Shutterstock.com It’s natural
[embedded content] The likes of DraftKings (NASDAQ:DKNG), Virgin Galactic (NASDAQ:SPCE) and Nikola Motors (NASDAQ:NKLA) have had enormous success in using special purpose acquisition companies (or SPACs, for short) to go public in 2020. So it should be no surprise that companies of all sorts — such as Kensington Capital Acquisition (NYSE:SPAC) — are coming out
Mainland China and Hong Kong telecommunications services provider China Mobile (NYSE:CHL) isn’t heatedly discussed among financial-news pundits in America. You won’t hear much about CHL stock on U.S.-based message boards either. Source: testing / Shutterstock.com Thus, depending on your location, CHL stock might be flying almost entirely under the radar. Yet InvestorPlace contributor Faizan Farooque
Investors remain skeptical when it comes to cannabis stocks. And unsurprisingly, Canopy Growth (NYSE:CGC) hasn’t been immune. CGC stock has rallied from March lows, but it’s still down 25% year-to-date and near its lowest level in almost four months. Source: Shutterstock Let’s be honest: there are reasons for the trading frustration. The Canadian market in
Up 25% year to date, Microsoft (NASDAQ:MSFT) is a gift that keeps on giving this year. There are several hot reasons to invest in MSFT stock that have helped it succeed amid the novel coronavirus pandemic. But now one of those hot reasons — its prospects in gaming — is even hotter. Source: The Art
[embedded content] Chewy (NASDAQ:CHWY) stock has been on fire in 2020, at one point rising as much as 140% year-to-date on the back of abundant investor optimism that the company is the midst of pioneering a future wherein we buy all of our pet food and toys online. Source: designs by Jack / Shutterstock.com This
Though it has a silly name for a publicly traded company, Chewy (NYSE:CHWY) has been quite the tasty treat as investors go, both the big and small dogs. And why not? Chewy stock has an overarching trajectory since its June 2019 debut that’s been nothing but up, up, up—or, as I might say to my
So far, 2020 has been the year of special purpose acquisition company (SPAC) deals. This is especially true in the electric vehicle (EV) space. And, one of the latest deals to hit the street involves Kensington Capital Acquisition Corp (NYSE:KCAC). The SPAC, or blank-check company, is acquiring privately held QuantumScape. Kensington Capital stock soared on
At this point, it’s difficult to find good coronavirus stocks to buy. After all, at this point the market has priced in both the direct and indirect effects of the pandemic. Biotech and pharmaceutical firms racing to develop a vaccine have seen their stock prices soar. “Work from home” beneficiaries like Zoom Video Communications (NASDAQ:ZM)
The biggest challenge for the restaurant industry right now is the novel coronavirus pandemic. And that has been an interesting situation for restaurant stocks. It limits indoor seating in most states, and not being able to fill the seats really hurts over time. And new research shows that restaurants remain one of the most significant
Latest Updates: 3 Oil Stocks to Buy for a Trump-Driven Conflict [Thursday, August 27, 4:08 pm]Contributed by Sarah Smith According to one analyst, investors need to be thinking not only about what stocks to buy for after the election, but about stocks to buy for before the election. What does that mean? And how can you go about
Last week, DraftKings (NASDAQ:DKNG) stock was trading well. Shares were climbing despite the overall market — and tech stocks specifically — taking a painful slide. Because of that strength last week, DraftKings stock was on a lot of investors’ radar coming into this week. Source: Lori Butcher / Shutterstock.com What many weren’t expecting, though, was
Microsoft (NASDAQ:MSFT) has been very strong during the pandemic. Based on factors including cash flows and continued growth in core businesses, it’s logical that MSFT stock has performed pretty well. Source: NYCStock / Shutterstock.com Still, the company recently suffered a few setbacks. The recent market correction took shares from $230 down to near $200 in
If you want to get in on the electric car boom with an affordable stock showing big growth, you’ll have to think outside the box. Or, more accurately, think about delivering the box: companies that focus on electric delivery vehicles like Workhouse Group (NASDAQ:WKHS). Even after gains of over 750% so far this year, WKHS
Hot-button hydrogen fuel cell company Plug Power (NASDAQ:PLUG) is one of the most debated companies on financial message boards. Traders, analysts and onlookers either seem to love or hate PLUG stock. Source: Halfpoint/ShutterStock.com I’ve been guilty of taking both sides of the fence on PLUG stock. As a contrarian, I liked it when the share
Norwegian Cruise Line Holdings (NYSE:NCLH) stock could get a nice boost sometime this fall if a Covid-19 vaccine finally gets approved by the FDA. However, keep in mind that this stock price jump might be from a lower price than today. Source: Roberto Sorin / Shutterstock.com This is because it seems highly likely that the