When the novel coronavirus sparked the devastating selloff in March, Penn National Gaming (NASDAQ:PENN) didn’t look like it was going to make it. Penn stock plunged from almost $40 per share to less than $4, a 90% plunge, in less than a month. Source: Jeffrey J Coleman / Shutterstock.com That type of volatility is rare
Stocks to buy
I’m glad I changed my mind on Delta Air Lines (NYSE:DAL) stock in my last article. On June 1, 2020, I wrote, “Delta Air Lines Stock Will Climb As Travelers Return to the Sky,” predicted a turnaround in DAL stock. Source: Markus Mainka / Shutterstock.com At the time, the stock was at $25.21 on May 29.
At some point, we knew that the investment markets and the underlying economy would rise from the mess that the novel coronavirus created. Honestly, I just didn’t think it would happen so soon. Since hitting a sharp bottom in March of this year, the major indices have been on a wild ride. As optimism kicks
It’s been fascinating to watch the dynamic between Uber (NYSE:UBER) stock and Lyft (NASDAQ:LYFT) stock since the two companies went public early last year. The two ridesharing companies are as popular as ever, yet their IPOs have been huge flops up to this point. Source: OpturaDesign / Shutterstock.com The latest drama in the ridesharing space
[Editor’s note: “7 U.S. Stocks to Buy on Coronavirus Weakness” is regularly updated to included the latest analysis of the rapidly evolving coronavirus situation and which stocks to buy.] The novel coronavirus pandemic is starting to rear its ugly head again, as the U.S. moves to reopen its economy, and it’s having a negative impact
Prior to the market selloff 2.0 on June 11, PepsiCo (NASDAQ:PEP) was having a tough time getting investors excited. Now that the market appears to be turning over again, PEP stock is flatter than a can of soda that has been left open for a day. But I expect the story for the company to
If you believe in the future of the global movement towards electric-powered vehicles, Nio (NYSE:NIO) is a company that should be on your radar. As an investor, you’ll find that Nio stock is easily affordable and the company has strong growth potential. Source: Sundry Photography / Shutterstock.com Don’t get me wrong: there is always risk
There’s no doubt DraftKings (NASDAQ:DKNG) is going places. As U.S. states continue to legalize sports betting, the sportsbook giant has a massive growth runway. This means strong prospects for DraftKings stock long-term. Source: Lori Butcher/Shutterstock.com With investors betting on this “story stock” hand-over-fist, shares have moved up too fast, too soon. Today’s valuation prices in
The Santa Monica, California-based Activision-Blizzard (NASDAQ:ATVI) is actually the most valuable of the video game stocks on the market. Activision-Blizzard stock has a valuation approaching $60 billion — larger than rivals Electronic Arts (NASDAQ:EA) and Take-Two Interactive (NASDAQ:TTWO) combined. Source: Casimiro PT / Shutterstock.com Still, Activision-Blizzard stock is holding up remarkably well through the pandemic
[Editor’s note: “10 Best High-Growth Stocks to Buy for Young Investors” was originally published in November 2019. It has since been updated to include the most relevant information available.] No investment strategy suits all the people all the time, irrespective of the disruptive events occurring now. This is particularly true for young investors in their
A seeming disconnect between a historic bull run and everywhere else other than Wall Street may have investors believing cash is king. However, a forward-looking market and one made up of stocks continues to show strong signs of life. And in some cases, investors are being offered healthy price charts of leading tech stocks to
[Editor’s note: “9 Gold Stocks to Stave Off Coronavirus-Induced Volatility” is regularly updated to include the most relevant information available.] After a litany of bad news, the headlines are finally turning positive. First, the May jobs report quickly repudiated the doom and gloom narrative that many economists feared. Second, the possibility of viable vaccination options
Following a reverse merger with special purpose acquisition company VectoIQ, Nikola Motors (NASDAQ:NKLA) — often considered the Tesla (NASDAQ:TSLA) of trucks — made its debut on Wall Street. And boy, did Nikola stock make quite the debut. Last week, NKLA stock was trading hands around $35. As of this writing, Nikola stock is trading at
[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 April’s earnings report, growth in
Thanks to positive business updates from both Uber (NYSE:UBER) and its main competitor Lyft (NASDAQ:LYFT), Uber stock soared in early June to its highest levels since the novel coronavirus pandemic emerged. Source: Shutterstock First, Lyft reported that May ride volume rose 26% from April. More than that, the company said ride volume has risen for
Whether you’re a bull or a bear, there’s no denying that 2020 has been a banner year for Co-Diagnostics (NASDAQ:CODX) stock. The price action reflects a frenzy of trading activity in the wake of the novel coronavirus outbreak. Source: Shutterstock The moderate pullback in CODX stock since mid-May is understandable. After all, shares were under
To call Advanced Micro Devices (NASDAQ:AMD) stock a “runner” would be no exaggeration, at least from a long-term perspective. Up more than 2,000% since 2015, the shares have enriched patient investors with market-beating returns. Source: Sundry Photography / Shutterstock.com The first half of 2020 has tested AMD stock traders’ patience, however. The share price has
Boeing (NYSE:BA) has fallen 36% this year. As a result of its collapse in 2020, Boeing stock has now underperformed the markets as a whole in every period Morningstar tracks over the past 15 years. How the mighty have fallen! And I’m one of the casualties of the decline. Long bullish on the company, in
The good news is that airline stocks are soaring this week. Just yesterday JetBlue (NASDAQ:JBLU) and most of its cohort rallied 15%. American Airlines (NASDAQ:AAL) tipped the scales with a whopping 41% spike in just one day! JBLU stock is up another 5%-plus today — which is actually DOWN from the 10% gains it had
There’s a lot of economic pain in the United States these days, but you wouldn’t know that from looking at Amazon (NASDAQ:AMZN). The real question, however, is how does Amazon stock build on its momentum? Source: Mike Mareen / Shutterstock.com Just look at the numbers. While the S&P 500 is down 3.4% so far this