Stocks to buy

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
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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
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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
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With another round of funding, Robinhood has seen its valuation surge to $11.2 billion. Its not surprising considering the fact that the company added 3 million new customer accounts at the beginning of fiscal year 2020. As markets continue to trade near all-time-highs, retail investor interest remains elevated. Capital preservation is one of the most
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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
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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
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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
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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.
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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
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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
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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
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