AgEagle Aerial Systems (NYSEAMERICAN:UAVS) is garnering lots of attention recently, and rightly so. UAVS stock took a hit after earnings, but it looks as if it was a temporary setback. Source: Rocksweeper / Shutterstock.com The company is well-aligned to make serious inroads into the emerging unmanned aerial vehicles industry. Shares recently jumped into the $3-4
Stocks to buy
GrowGeneration (NASDAQ:GRWG) burst onto Wall Street’s radar in mid-August, when GRWG stock just about tripled in a week after the cannabis growing supplies retailer reported blowout second-quarter numbers which comprised 123% revenue growth. Source: Shutterstock Some pundits want to write off the big rally in GRWG as a pump-and-dump scheme with a sketchy management team.
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 start of the fall season upon us, most Americans probably feel as if they were caught off guard. Considering
Concerns that the U.S. government will ban the Chinese social media app TikTok is taking its toll on Fastly (NYSE:FSLY) stock, with the company’s shares down nearly 33% over the past month. Source: Pavel Kapysh / Shutterstock.com Does this mean the dramatic ride in Fastly is coming to an end? Not at all. And despite
Online investing platform Robinhood has enjoyed a stellar year with more than 3 million signups in the first quarter of 2020. In June, investors scanning for the best Robinhood stocks engaged in 4.3 million transactions in a single day. A big part of its success is its easy-to-use interface, commission-free trades, and free stocks on
It’s been a great year for both initial public offerings and also e-commerce stocks. Vroom (NASDAQ:VRM) stock arrived at just the right time, as the company benefits from both factors. Not surprisingly, Vroom’s June IPO was a success. Since Vroom stock started trading, shares are up by around 21%. Source: Lori Butcher / Shutterstock.com That’s
SAP (NYSE:SAP) stock has certainly been in the rally mode lately, along with a myriad of other mega tech operators. Since March, the shares have gone from $94 to $159, putting the current market capitalization at about $187 billion. Source: Tada Images / Shutterstock.com Keep in mind that SAP has been around since 1972 and
Alongside the rest of the technology sector, Dropbox (NASDAQ:DBX) fell off a cliff somewhat unexpectedly heading into the Labor Day Weekend, with shares shedding as much as 12% in a matter of two days. This sell-off in tech stocks — and specifically in DBX stock — is nothing more than a golden buying opportunity. Source: Allmy
Red-hot tech stocks fell off a cliff heading into the Labor Day weekend. Facebook (NASDAQ:FB) stock was no exception. FB stock dropped about 7% in a matter of days. Source: rvlsoft / Shutterstock.com To be clear, this tech sell-off is nothing to worry about. It’s a totally natural and totally healthy valuation gut-check. Tech stocks
If there’s one assumption we can make about the auto-industry in the corona-economy, it’s that the markets are wild for electric vehicles (EV), specifically those made by Workhorse Group (NASDAQ:WKHS). WKHS stock has had a really good run. Source: rblfmr / Shutterstock.com The Ohio-based automaker hopes to disrupt the shipping industry with its all-electric commercial
Red-hot tech stocks fell off a cliff heading into the Labor Day weekend. Alteryx (NASDAQ:AYX) stock was no exception. AYX stock dropped about 15% in a matter of days. Source: Shutterstock Don’t stress this sell-off in tech stocks, or in AYX stock. This is just a valuation gut check after tech stocks had rallied in
Editor’s Note: “10 SPAC IPO Stocks to Buy as They Grow in Popularity” was previously published in March 2020. It has since been updated to include the most relevant information available. Not many investors are familiar with special purpose acquisition companies (SPACs), a special breed of IPO stocks that enable well-connected sponsors to raise hundreds
Red-hot NIO (NYSE:NIO) stock dropped sharply in early September in sympathy with a broader tech stock rout that dragged the Nasdaq down as much as 5% on Sept. 3. The sell-off in NIO stock, however, comes despite the company reporting strong August deliveries of 3,965 – up 12% month-over-month and up 104% year-over-year. Source: Carrie
Southwest Airlines (NYSE:LUV) recently provided investors an update on about its operations and finances. Investors now have significant hope that LUV stock can recuperate over the next year as the company’s recovery continues. Source: Carlos E. Santa Maria / Shutterstock.com As a result, LUV stock has been rallying. In the past 10 days it’s up
On July 13, Spartan Energy Acquisition Co. (NYSE:SPAQ) agreed to a reverse merger with Fisker, another electric vehicle company. SPAQ stock is still worth much more even though it is already up 19% since July 8. That was well before the reverse merger announcement or before information leaked out beforehand. Source: Shutterstock The reason why
When the U.S. first suffered the initial disruption from the novel coronavirus pandemic, many companies scrambled to find work-from-home solutions. Immediately, Slack Technologies (NYSE:WORK) quick rose to the forefront. Slack specializes in organizational communication platforms that efficiently sharing data among various parties. Following the crisis, such mechanisms became all the more critical, bolstering the bullish
Procter & Gamble (NYSE:PG) is one of the few companies that focuses intensely on free cash flow (FCF) productivity. This concentration has served shareholders in PG stock quite well over the past year — and it will continue to do so. Source: Jonathan Weiss / Shutterstock.com For example, the stock has risen 15% over the
Novavax (NASDAQ:NVAX) is a contender in the race to deliver a novel coronavirus vaccine and as such, NVAX stock is, at times, a turbulent name. Source: Ascannio/Shutterstock.com A year-to-date gain of nearly 2,600% as of Aug. 28 is undoubtedly eye-popping. So was a decline of 25% last week, a period including news that Novavax is
Semiconductor industry heavyweight Intel (NASDAQ:INTC) stock has not had a good 2020 so far. Year-to-date, INTC stock is down over 15%. Source: JHVEPhoto / Shutterstock.com Santa Clara, California-based Intel is also known as “Chipzilla.” Some of its products include microprocessors, chipsets, embedded processors, flash memory, systems management software and digital imaging products. Semiconductors are regarded
Biotech and pharmaceutical companies are seeing an unprecedented boom in 2020. The race for a novel coronavirus vaccine has lit a fuse under many stocks in that sector. Also seeing a boom this year are electric car stocks. Mohammad Niamat Elahee, a professor in the Department of International Business at Quinnipiac University, writes: “While electric