[Editor’s note: “Microsoft Stock Remains a Safe Buy in Today’s Uncertain Market” was originally published on April 12. It is regularly updated to include the most relevant information.] Source: The Art of Pics / Shutterstock.com Microsoft (NASDAQ:MSFT) has shown great strength in light of the novel coronavirus. As seen from last month’s earnings report, growth
Stocks to buy
We’re in the midst of a crisis, and I’m not talking about the novel coronavirus pandemic. Cash is under assault, so investors should take care to guard their investment portfolios. Beyond social distancing and mask-wearing, Covid-19 is forcing people to develop new consumption habits, but the economic medicine governments are doling out is killing cash.
For years, precious metals mining companies like Newmont (NYSE:NEM) and Barrick Gold (NYSE:GOLD) floundered in relative obscurity. Following the bubble bursting in the commodities sector early last decade, miners found themselves out of favor with the broader market cycle. Simply, with enthusiasm returning to equities following the Great Recession, NEM stock appeared anachronistic to Wall
As the month of May kicked off, stocks got off to a rocky start. The market slumped in response to a first quarter profit miss from eCommerce giant Amazon (NASDAQ:AMZN) and its plan to put all second-quarter earnings towards its COVID-19 response, with all three of the major U.S. indexes landing in the red on the week’s final day of trading. Aside from
Once left for dead as a failed e-commerce company that made a costly and ill-advised jump into the blockchain world at the wrong time, Overstock.com (NASDAQ:OSTK) has come roaring back to life amid the novel coronavirus pandemic. From it’s mid-March lows, Overstock.com stock is up a jaw-dropping 5,500%. Source: Burdun Iliya / Shutterstock.com Why the
The 5G revolution is coming, and that means it’s time to look for the best 5G stocks to buy to play this revolution. First, let’s take a step back. What exactly is 5G? 5G is simply the 5th Generation (hence 5G) mobile network. It naturally follows 1G, 2G, 3G, and 4G, and represents the new
Thought a record plunge in employment would take stocks down? Not even close. The S&P 500 rallied over 1.5% in the stock market today, while the Nasdaq its highest level since February. At this point, investors shouldn’t be surprised. We’ve seemingly rallied on every poor weekly jobless claims report, and barely flinched from this week’s
It’s not like Americans just sit at home watching their calendars and clocks, waiting for this lockdown to end. Things are still going on, the economy is still working. There are still solid consumer stocks to consider. The economy is just operating on a different level and companies that aren’t usually headline grabbers — like
Over the weekend, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) reported a nearly $50 billion loss for the first quarter of 2020. Berkshire Hathaway stock dropped this week following the report. Shares are now down 23% in the past month. Source: Jonathan Weiss / Shutterstock.com For decades, Berkshire Hathaway stock has consistently outperformed the S&P 500. Opportunities to
The novel-coronavirus-driven economic crisis has triggered a sharp correction in stocks in the energy, aviation and tourism sector. On the other hand, the technology sector has been relatively resilient. For example, Advanced Micro Devices (NASDAQ:AMD) has bounced back nicely. From 52-week highs of $59.3, AMD stock has declined by just 11% and currently trades at
DoorDash Palantir Robinhood Asana Instacart New initial public offerings (IPOs) are one of the best ways investors can strike “gold” in the stock market. That’s because these freshly public companies represent the next generation of world-changing businesses in the first innings of their long-term growth narratives. Sure, many of them don’t pan out as expected.
When 3M Company (NYSE:MMM) posted strong earnings and revenue growth, the stock lost buying momentum. MMM stock is still highly correlated to the S&P 500, offering investors limited diversification against the broader market. Source: r.classen / Shutterstock.com So, should investors buy the stock on expectations of strong respirator and mask sales in 2020? The novel
Thanks mostly to the novel coronavirus pandemic, digital education giant Chegg (NYSE:CHGG) reported outstanding first-quarter numbers in early May as students pivoted in bulk towards online learning platforms. In response to the blowout earnings report, CHGG stock popped more than 30% to all time highs near $60. Source: Casimiro PT / Shutterstock.com Readers of mine
It’s safe to say the cruise line continues to face trouble. The novel coronavirus could have long-lasting affects for the industry. However, Carnival (NYSE:CCL) stock may already be fully “priced for disaster.” Shares have rebounded off their March lows. But the stock still trades for less than one-third of where it was when the outbreak
World-class metals miner Newmont (NYSE:NEM) is an undisputed leader in the market. Holding physical metals is fine, but it isn’t always possible or convenient in trading and retirement accounts. NEM stock provides exposure to gold prices to metal-hungry investors. It’s also just a solid company. Source: Piotr Swat/Shutterstock Looking at the progress of the NEM stock
Is it finally time to start thinking about a position in the airlines? With the country talking about steps to reopen, beaten down stocks are making a rebound, like Delta Air Lines (NYSE:DAL). DAL stock jumped over 12% on April 29 as airlines, cruise companies and more start to rebound. Source: Markus Mainka / Shutterstock.com
The lockdowns in the U.S. has resulted in the economy being shoved into reverse, giving investors plenty of options for stocks to buy. The Bureau of Economic Analysis (BEA) announced earlier this week that the first pass at the data for the first quarter of 2020 is very bad. The U.S. gross domestic product (GDP)
Since reporting its earnings last week, Ericsson (NASDAQ:ERIC) stock has not done much. But then again, there was already a nice rally ahead of the announcement. Note that the shares went from $6.17 in mid-March to $8.35. Source: Shutterstock For the first quarter, Ericsson’s revenues increased by 2% to $4.93 billion. While there was considerable
[Editor’s note: “10 Stocks to Buy as They Ride a Coronavirus Tailwind” is regularly updated to include the most relevant information available.] After suffering one of the worst declines in history, the investment markets mounted a comeback in the second half of March. Even this small piece of optimism appears to be failing, though, due
[Editor’s note: “Despite Recent Rally, Marathon (MRO) Stock Remains a Buy” was previously published on April 7. It is updated regularly to reflect the most relevant information.] Source: IgorGolovniov / Shutterstock.com Despite an epic plunge in oil prices, Marathon Oil (NYSE:MRO) stock has performed well in recent weeks. Shares have doubled since hitting 52-week lows