On a day when JPMorgan (NYSE:JPM) reported blowout second quarter earnings and Wells Fargo (NYSE:WFC) reported dismal second quarter numbers, Citigroup (NYSE:C) split the difference and reported mixed numbers that were still broadly good enough to warrant buying Citigroup stock to play a second-half of 2020 U.S. economic recovery. Source: TungCheung / Shutterstock.com Big picture,
Stocks to buy
When JPMorgan (NYSE:JPM) reported second quarter earnings in mid-July, the company proved that it is the best bank on Wall Street, and that JPM stock is the best bank stock to buy today amid Covid-19 related weakness. Source: Bjorn Bakstad / Shutterstock.com Not only did JPMorgan smash through second quarter revenue and profit estimates —
Real estate investment trusts (REITs) have blossomed over the past decade or two. While many started simply as collections of commercial or residential properties where the REIT was essentially the landlord, many have developed into far more unique arrangements. But that doesn’t make finding the best REITs easy. For investors, REITs are interesting because they
Work from home stocks are on fire right now. But one work from home name which has been left behind in this broad rally is secure storage provider Dropbox (NASDAQ:DBX), with Dropbox stock up just 25% year-to-date. Source: Allmy / Shutterstock.com That’s better than wider markets, but compare it to 50%+ gains for the likes
One of my favorite growth stocks over the past several years has been Adobe (NASDAQ:ADBE) stock. Source: r.classen / Shutterstock.com Indeed, I like Adobe so much that back in early 2019, I included the stock as one of my five favorite stocks to buy for the long-term when I coined the acronym STARS – which
Thursday was a wild day on Wall Street, with some stocks flying and others dying. And with so much variation between sector performance, it’s increasingly becoming a market of haves and have-nots. So, whether you’re happy with your portfolio this week very much depends on where you have exposure. Therefore, let’s take a look at
If you’ve restricted yourself to domestic stocks, then you could be missing out on the virtually unstoppable growth of a massive and successful Chinese company. I’m referring to Alibaba (NYSE:BABA), the e-commerce giant, as the momentum in Alibaba stock isn’t likely to slow down. Source: testing / Shutterstock.com Of course, a black-swan event such as
Fastly (NYSE:FSLY) appears to be revolutionizing internet content delivery. Moreover, it has already landed multiple rapidly growing companies as customers, and I believe that it can successfully move into new, related sectors. As a I result, I believe that FSLY stock is worth buying at this point, despite its huge gains in recent months and
After the economy went into lockdown earlier in the year, retailers scrambled to adapt. In March, many apparel stocks hit 52-week lows. But since then, the recovery for many of them has been rather incredible. Now as the new earnings season kicks in, investors are wondering whether they are late to the party or if
Video game maker Activision Blizzard (NASDAQ:ATVI) has been around since 2008 and is having one of its best-ever years in the face of the novel coronavirus. Activision-Blizzard stock is up more than 30% year to date. Source: madamF / Shutterstock.com The maker of the ever-popular Call of Duty franchise is already pushing all-time highs set
Value is a word that is thrown around by analysts, investment managers and plenty of others in the market. But for me it comes down to how a stock of a company is priced against its trailing sales or against its intrinsic value known as the book value. Earnings, of course, are what most focus
Are any fans of Billy Joel’s “We Didn’t Start the Fire” reading this? It sure seems like we entered a new decade and immediately ushered in a modern-day rendition of the contemporary hit. Novel coronavirus cases continue to rise. Flying snakes are in the news. Kanye West just entered the upcoming presidential race. It’s certainly
After peaking at over $40, fears of the rapidly spreading coronavirus across the United States sent Southwest Airlines (NYSE:LUV) sharply lower. Increasing selling pressure may send LUV stock back to its 52-week low of $22.47. Source: Carlos E. Santa Maria / Shutterstock.com But that isn’t necessarily too much for the carrier to overcome. After all,
Massive industrial conglomerate General Electric (NYSE:GE) has been through a number of dynasties, each marked by a CEO with a unique vision. The price of GE stock has reflected these vicissitudes, sometimes with gains and other times with gut-wrenching losses. Source: JPstock/Shutterstock.com Current CEO Larry Culp’s tenure, while not a new development anymore, is still
Demand for flying is steadily increasing amid declining fear about the novel coronavirus. That bodes well for Delta (NYSE:DAL) stock. Source: NextNewMedia / Shutterstock.com Delta’s cash burn has tremendously decreased and is quite manageable. Also, the recent spike in coronavirus cases in a few locations is not going to result in the type of all-encompassing
It’s not the most famous cloud-based tech firm on the planet, but Fastly (NYSE:FSLY) is a name that’s gaining traction lately. The buzz surrounding FSLY stock is well-earned as this company is far from a cloud-computing Johnny-come-lately. Source: Shutterstock Commentators shouldn’t throw the word “innovator” around lightly. However, the term is entirely appropriate in the
Moderna (NASDAQ:MRNA) is one of those stocks you trade on news because fundamentals don’t exist. MRNA stock, which only came public late last year, has a market capitalization of $22 billion after racking up sales of $60 million for all of 2019. Source: Shutterstock When it came public I recommended readers buy it. Those who
At first, Qualcomm (NASDAQ:QCOM) stock fell off a cliff in response to the Covid-19 pandemic, with shares dropping from $90 in late February to $58 in late March. Then, QCOM stock sharply reversed course and rallied all the way back to $90 on optimism that the pandemic will inflict only temporary and minor damage on
Editor’s note: This article is part of InvestorPlace.com’s Best Stocks for 2020 contest. Matt McCall’s pick for the contest is Aimmune Therapeutics (NASDAQ:AIMT). Six months ago, I introduced you to Aimmune Therapeutics (NASDAQ:AIMT) as my pick in the Best Stocks for 2020 contest. It’s a leading biopharmaceutical that focuses specifically on the unmet needs of people who suffer
Lululemon (NASDAQ:LULU) has been lagging since the company reported earnings in early June. However, LULU stock caught a bid on June 30, on news that it will acquire Mirror for $500 million. Source: Sorbis / Shutterstock.com Shares closed off the highs, but still climbed 6% on the day. Why the enthusiasm? Because Lululemon bought into a