Shares of technology giant Amazon (NASDAQ:AMZN) have been red-hot all year long. Until recently. Broader weakness in tech stocks, coupled with macroeconomic concerns of a resurgence of Covid-19 cases nationwide, has led to AMZN stock sliding for five straight days and dropping into correction territory for the first time since March. Source: Julie Clopper /
Stocks to buy
“If you’ve been thinking about adding more gold positions to hedge your portfolio, you might want to think about also buying some silver.” That’s the advice I offered two months ago here in Smart Money. Source: Shutterstock So far, so good. The two specific plays I showed you in that column have climbed by 23% and 49%
I’ve been writing plenty of stories about how the valuation of Tesla (NASDAQ:TSLA) stock has become completely detached from reality. But no matter how big the Tesla bubble gets, Tesla is still a minor player in the global auto market compared to legacy automaker investments like General Motors (NYSE:GM).Yet Tesla is getting all the attention,
Investors purchasing vaping stocks now in order to secure big gains later are in a precarious position. The market for vape products is full of potential and windfalls are clearly there for the taking. However, the vaping market is squarely in the crosshairs of regulatory bodies and under intense scrutiny. Investors are acutely aware that
What once was the joke of the major auto manufacturer is now the monster on Wall Street. Tesla (NASDAQ:TSLA) was the target of the comedy among the experts, and now the company market capitalization is more than four times that of Ford (NYSE:F) and General Motors (NYSE:GM) combined. F stock specifically has been pitiful, but
Chinese premium electric vehicle maker NIO (NYSE:NIO) has taken off like a rocket ship in 2020, with NIO stock surging nearly 600% from a low of ~$2.40 in March, to a high of ~$16.40 in July. Because I was bullish on NIO stock down at the lows, many investors have asked me: what’s the next
Bank of America (NYSE:BAC) reported second quarter earnings in mid-July that largely failed to impress. While the bank beat on the top and bottom lines, revenues fell 3% year-over-year, the efficiency ratio rose 3 points, pre-provision profits fell 9%, net interest income dropped 11% and net profits plunged more than 50% as the bank built
One of the relics of the global financial crisis is that the notion of long-term stocks was dead. Back then, many experts said investors needed to become more nimble going forward or risk being exposed when the next crisis hit. Thing is from the March 10, 2009, market bottom through July 10, 2020, the SPDR
On Tuesday, Boris Johnson surprised Washington by announcing a ban on all new Huawei 5G equipment after Dec. 31. Separately, Digital Secretary Oliver Dowden stated that U.K. mobile providers must remove all Huawei gear by 2027. Nokia (NYSE:NOK) and Ericsson (NASDAQ:ERIC), Huawei’s competitors, both jumped 3% on the news. Far more upside for Nokia stock
Comcast (NASDAQ:CMCSA) may seem like a blurry pick when it comes to the stock market. On the one hand, the company should be a clear winner from the stay-at-home and work-from-home themes. On the other hand, Comcast stock has some theme park exposure and negative growth rates forecasts for this year. Source: Todd A. Merport
It’s a sign of the times that there aren’t many audio and video stocks left for investors to own. Global competition means many, and maybe most, electronics now come from Asia, and China in particular. Of course, that means that the domestic producers that are still around are around for a reason. And it’s because
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,
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