Even mighty Amazon (NASDAQ:AMZN) has not been immune to the September tech stock selloff. AMZN stock dropped 16% in the first two weeks of the month. Don’t expect that situation to last. Amazon announced Prime Day — its biggest shopping event of the year — will be taking place on October 13 and 14. That’s
Stocks to buy
Investors are constantly on the lookout for the next big thin sector which will usher in a wave of change in society. Companies in these sectors have the potential to be the next big thing in the market. Robotics stocks are one such emerging sector. Robotics will change society in profound ways, or that is,
Last month, I discussed the peculiar narrative behind hydrogen fuel cell specialist Plug Power (NASDAQ:PLUG). Starting off as one of the most promising technology startups, PLUG suffered years of disappointment. However, the novel coronavirus pandemic has brought the company into a new light considering the vulnerabilities associated with fossil-fuel-based global supply chains. Suddenly, the left
When it comes to investing, it helps to be a straight shooter (and a bit of an optimist). But let’s call it for what it is: FAANG stocks, Facebook (NASDAQ:FB) included, have not been doing very well lately. In fact, FB stock stock is down about 12% from its high about a month ago. Source:
Out of 25 packaged food stocks with a market capitalization of more than $2 billion, Beyond Meat (NASDAQ:BYND) has the best performance in 2020, up 123% through Oct. 1 If you broaden the search to include all food-related companies — both consumer cyclical and consumer defensive — Beyond Meat still has the best performance year
By best estimates, we’re less than a month away from the launch date of the Apple (NASDAQ:AAPL) iPhone 12 — an event that will have a huge impact on AAPL stock. Source: ZorroGabriel / Shutterstock.com I recently shared with my readers why I think your best play for Apple may be after the iPhone reveal.
Landcadia Holdings’ (NASDAQ:LCA) agreement to merge with Golden Nugget Online Gaming in June is still of much interest to investors. When its shares merge into GNOG stock, which has yet to happen, markets will know more about sentiment regarding the deal. Investors can view the deal through several different lenses, as with any potential investment.
[embedded content] It’s been a rough year for Norwegian Cruise Line (NYSE:NCLH) and owners of NCLH stock. Source: Roberto Sorin / Shutterstock.com Coming into the year, the cruise industry was riding high on strong consumer spending and healthy travel appetite. NCLH was trading near all-time highs around $60. Revenues and profits were soaring. Life was
One way to look at the airline sector is by looking at what analysts are saying. And despite many planes still grounded, analysts are finding airline stocks to buy. In fact, there are a few that have received a “strong buy” rating. Do the analysts know something we don’t? Not really. But analysts know that
[embedded content] Source: Christopher Penler / Shutterstock.com Jumia (NYSE:JMIA) was once heralded as the Amazon (NASDAQ:AMZN) of Africa. That was back in April 2019, when JMIA stock popped from its $14.50 IPO price to a $50+ price tag in a matter of days. Since then, the hype has faded, mostly because — as it turns
It should go without saying that when it comes to Tesla (NASDAQ:TSLA), there’s no need to panic. Yes, Tesla stock has pulled back 19% from all-time highs just above $500. But the stock still has nearly quintupled year-to-date, soaring a sizzling 740% over the past twelve months. Source: franz12 / Shutterstock.com It’s not just the
While the S&P 500 and a wide range of stocks continue their September slide, many investors are understandably jittery, wondering if a second market crash is coming this year. In response, they’re searching for industries that can offer more stability, but also growth and income over the coming quarters. One such group are the so-called
Clinical-stage biopharmaceutical company Sorrento Therapeutics (NASDAQ:SRNE) has been in the financial press recently, and not necessarily in a good way. In fact, a U.S. Food and Drug Administration (FDA) ruling from August undoubtedly made some SRNE stock holders wriggle in their seats. Source: Shutterstock As it turned out, Sorrento had an unexpected competitor for its
To give you an idea of how vital women CEOs are to environmental, social and governance (ESG) investment strategies, former Bank of England and Bank of Canada governor Mark Carney was appointed in late August as Brookfield Asset Management’s (NYSE:BAM) head of ESG investing. What does this have to do with women as CEOs and
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
[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