Long-term investors should buy Snap (NYSE:SNAP) stock, as the company’s second-quarter results show that it’s continuing to benefit from strong, positive trends. Moreover, the social media company should get a boost from a stronger post-pandemic advertising environment. Source: Ink Drop / Shutterstock.com Snap’s second quarter revenue increased 17% year-over-year to $454 million, versus analysts’ average
Stocks to buy
By now, you probably know Virgin Galactic (NYSE:SPCE) as that overly ambitious space company headed by Richard Branson. And since 2007, he claimed that the company is going to commercially fly people into outer-space. Yet, here we are in 2020; No such flights have happened, and SPCE stock investors are starting to get fed up. Source: Tun
The novel coronavirus has fundamentally altered the investing landscape. Many sectors that were already struggling, like energy and brick-and-mortar retail, have seen their slow declines turn into abject free fall. Other businesses, such as video gaming and work-from-home software companies, are booming. Many companies that initially plunged are now turning into huge rebound stocks. For
Recent data on Gilead’s (NASDAQ:GILD) treatment for the novel coronavirus, remdesivir, along with multiple indications that demand for the drug is strong, have caused me to continue to be upbeat on GILD stock. Source: Casimiro PT / Shutterstock.com Further, a key supply deal involving remdesivir and an overreaction to negative news about another one of
Up nearly 150% this year, Square (NYSE:SQ) could be due for a pullback at some point soon. Investors should hope that scenario comes to pass because SQ stock is set up for long-term gains. Source: IgorGolovniov / Shutterstock.com The novel coronavirus pandemic is cementing Square’s status as one of the must-own fintech names. That’s impressive
Etsy (NASDAQ:ETSY) is a niche e-commerce website specializing in handmade and vintage goods. ETSY stock launched its initial public offering (IPO) back in 2015, initiating around $25 per share. Source: Shutterstock ETSY was initially a bust, with shares sliding into the single digits. But the company turned things around starting in 2018. Now the stay-at-home
Maryland-based vaccine maker Novavax (NASDAQ:NVAX) has been one of 2020’s high-flying stocks. Closing out 2019 at under $4, NVAX stock hit $178.51 on Aug. 10. That’s a whopping gain of nearly 4,400% in just eight months. Source: Ascannio/Shutterstock.com The reason for that remarkable performance was the novel coronavirus pandemic. More specifically, Novavax’s Covid-19 vaccine efforts.
Alibaba (NYSE:BABA) is at an all-time high. After middling around in the early summer, Alibaba stock broke out in early July and it hasn’t looked back. But at the time of this writing the stock is up over 11% since the e-commerce giant reported earnings on August 20. That has some investors wondering if Alibaba
German biotech firm, CureVac (NASDAQ:CVAC), has gained some major heat since making its debut in the public market less than two weeks ago. The company saw its shares nearly tripled in value on the first day of trading and CureVac stock rose from $16 per share to $44. Source: Shutterstock The need for a vaccine
Broadly speaking, U.S. equities are once again easily their foreign counterparts, but some of the best international stocks to consider hinge on reopening global economies and vanquishing the novel coronavirus. In fact, linking economic reopening to the best international stock ideas could be rewarding for investors because broader ex-US benchmarks are lagging this year. While
I’ll be among the first to acknowledge that taking a cruise right now seems like an awful and gross idea. But that doesn’t make me any less bullish about the long-term potential of Royal Caribbean (NYSE:RCL) stock. Source: Laszlo Halasi / Shutterstock.com In fact, I think RCL, even its dramatic rise over the last three
With shares trading sharply higher as of late, you may think you’ve missed the boat with Target (NYSE:TGT) stock. But even at around $140 per share, shares remain a solid buy. How so? For starters, the novel coronavirus remains a tailwind, not a headwind, for the retailer. Source: jejim / Shutterstock.com Sure, this has been
Throughout his presidency, Donald J. Trump has consistently waged an aggressive policy toward China. Later, this aggressiveness culminated in a trade war between the word’s top two economies. But with the novel coronavirus pandemic, the President has ratcheted up both his words and actions. Because of the unprecedented nature of this simmering feud, it will
As the race to identify and bring a novel coronavirus vaccine to market heats up, biotechnology-sector investors should appreciate that this is an international effort. In that light, a pivotal development in Europe for Novavax (NASDAQ:NVAX) should provide encouragement to NVAX stock holders. Source: Cryptographer / Shutterstock.com The company’s shareholders were undoubtedly in need of
Facebook (NASDAQ:FB) stock proved its dominance in the last few months when it emerged as the hero of the pandemic saga. While economic disruption was rife, the social media platform showed resilience in the face of volatility with an increase in sales and engagement. Source: TY Lim / Shutterstock.com Despite growing concerns over the impact
As the EV sector remains hot, should you buy Workhorse Group (NASDAQ:WKHS) stock? Rallying more than 400% so far this year, investors have started to hit the brakes. Reaching prices as high as $22.90 per share in early July, the electric-powered delivery truck maker’s shares have slipped down to around $16 per share. Source: rblfmr
Airline stocks are flirting with a possible rotation higher and that’s got investors taking a closer look at this group. Delta Air Lines (NYSE:DAL) is one of the better-run names in the industry, so we want a piece of DAL stock if there’s going to be a big run. Source: NextNewMedia / Shutterstock.com The question
Record-breaking volatility in broader markets has created a wide range of winners and losers. Another phenomenon that regularly hits the headlines is the number of retail market participants trading on the online investing platform Robinhood. You can even think of the most popular shares on the site as top Robinhood stocks. Upon close inspection, you
Let’s cut straight to the chase: One of the best stocks to buy for the next five to 10 years may be that of small-cap, Las Vegas-based Artificial Intelligence (AI) tech company Remark Holdings (NASDAQ:MARK). Overall, though, MARK stock is highly speculative and not worth your lunch money. This is not a “sure thing”, and
I’ll admit it. As far as stocks go, Wayfair (NYSE:W) is not one of my favorites. DocuSign (NASDAQ:DOCU), on the other hand, has the makings of a 10-bagger. That’s why I recently included DocuSign stock amongst a group of 7 Hot Stocks to Stay Hot for Years to Come. Source: David Tran Photo /