One of the more interesting small-cap stocks which flew onto my radar in July is freshly public Chinese holographic augmented reality technology provider WiMi Hologram Cloud (NASDAQ:WIMI). Following a quiet April IPO, WiMi Hologram Cloud stock surged more than 700% higher in the first two weeks of July after the company issued a promotional press
Stocks to buy
On the whole, financial institutions haven’t had a wonderful year so far. The onset of the novel coronavirus made it difficult for lenders like Bank of America (NYSE:BAC) to make money. It also put pressure on the BAC stock price. Source: Michael Vi / Shutterstock.com Unlike technology stocks, banking-sector stocks have yet to stage a
With its second-quarter earnings report due on Aug. 4, Activision Blizzard (NASDAQ:ATVI) will undoubtedly attract some attention this week. Yet, since there are so many other earnings announcements taking place (a “blizzard” of them, one could say), some traders might ignore Activision Blizzard stock altogether. That would be a mistake. Source: madamF / Shutterstock.com There’s
On July 29, Carnival (NYSE:CCL) filed non-cash material impairments with the Securities and Exchange Commission (SEC) that totaled as much as $650 million. CCL stock dropped on the news. Source: Ruth Peterkin / Shutterstock.com Part of the impairment charges has to do with the sale of some of its cruise ships. There’s no question all
Editor’s note: “7 Dental Stocks to Buy for Long-Term Gains” was previously published in June 2020. It has since been updated to include the most relevant information available. A recent article from the Canadian Broadcasting Corporation, otherwise known as the CBC, suggested that dentists have been flocking to fire and safety equipment businesses to secure
Historically, this would have been the perfect market for healthcare stocks. The combination of a global pandemic, economic weakness, and rising geopolitical tensions in theory would send investors scurrying to the traditionally defensive sector. Of course, at least since March, that hasn’t been how it’s played out. Some healthcare stocks have soared, most notably COVID-19
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) got left behind last week. While Big Tech names rallied after earnings, Google stock declined over 3% on Friday. Source: BigTunaOnline/Shutterstock.com The divergence seems somewhat surprising. Google’s revenue and profits unsurprisingly took a hit from the pandemic. But the numbers handily beat Wall Street expectations. And commentary from management suggests the news
Since air traffic volumes are still down more than 70% year-over-year, it is no surprise that airline stocks are still struggling to gain any traction in their recovery. Unlike the rest of the stock market, they didn’t bottom until May. But when they finally did — and thanks in large part to trading platform Robinhood
The novel coronavirus has already wreaked havoc on economic growth. The United States’ GDP contracted by a record 32.9% during the second quarter of 2020. Needless to say, that GDP contraction has also impacted profitability growth for many companies. But there are a handful of so-called coronavirus stocks performing incredibly well. With no end in
The shutdown of non-essential businesses across the United States was a sudden and unexpected shock to the economy. Of course, given what we knew about the severity of the novel coronavirus, the world had to do anything to stop its spread. But while the service industry was decimated, alongside the tourism and hospitality industries, the
The revolution of the Internet of Things (IoT) has been a long time coming and the exponential rise in demand for internet-based goods and services during the pandemic has only accelerated its growth. The long-term prospects for Internet of Things stocks are incredibly promising as it provides actionable data and insights that help companies make
The novel coronavirus puts telehealth stocks right up with e-commerce stocks as some of the market’s fastest movers. But like e-commerce companies, telehealth has been an emerging trend for quite some time. The pandemic has only accelerated the speed at which our nation was moving toward digital health. But it’s taken some time to get
It goes without saying that the novel coronavirus has been a huge negative for retail stocks. Across the world, malls and physical retail stores were forced to close throughout March, April and May. Where they have reopened, traffic volumes remain depressed relative to the norm. Sure, many of these retailers have seen a surge in
In the cloud investors are always chasing the next shiny object. A niche that seems earth-shaking when it opens will, once it’s mined, seem prosaic and staid. That’s the story of Workday (NASDAQ:WDAY) and WDAY stock. Source: Sundry Photography / Shutterstock.com The company has proven the value of its niche, human resource databases in the
Electramechannica Vehicles (NASDAQ:SOLO) has many positive characteristics that could make the company hugely successful, Consequently, I think that longer-term, risk-tolerant investors should devote a small portion of their portfolios to SOLO stock. Source: Shutterstock Electramechannica’s flagship car is an electric vehicle called the Solo, which sells for only $18,500. Not surprisingly, only one person can
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 /
“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