Many will argue there’s a very large disconnect between the stock market and the economy. And in a very different way that’s certainly true with Energy Transfer LP (NYSE:ET). But rather than using the opportunity to take profits, is now the time to bet on a return to normalcy for ET stock? Let’s look at
Stocks to buy
Just a few weeks ago, social media stocks were experiencing a moment in the sun as the novel coronavirus bolstered the case for online connectivity. Facebook’s (NASDAQ:FB) FB stock was one such beneficiary, rising to all-time highs in mid-May. Source: rvlsoft / Shutterstock.com But a lot can change in a week, and change it did.
It has been more than a month since BP (NYSE:BP) reported terrible first-quarter results that included a 67% decline in adjusted net income along with a 10% drop in sales. Thankfully, or not, depending on how you look at the situation, the company maintained its quarterly dividend for BP stock at 63 cents, good for
MGM Resorts (NYSE:MGM) stock represents an investment in one of the country’s leading gaming companies. MGM has a world-class group of properties in Las Vegas. It also has numerous regional casinos around the country, and it has a strong foothold in Macau as well. Source: Jason Patrick Ross / Shutterstock.com As you might expect, investors
One of the big investment themes for the coming decade is related to 5G. And this movement could mean great things for 5G stocks. The global 5G services market is expected to grow at a constant annual growth rate (CAGR) of 43.9% between fiscal year 2021 and FY2027. Furthermore, the 5G infrastructure market is expected
With so much attention paid to the novel coronavirus and the pandemic’s economic and geopolitical implications, multiple industries have fallen by the wayside in terms of visibility. But at some point, our modernized societies must turn back to the innovations and technologies that have driven them in the pre-pandemic era. Therefore, the case for battery
In a world of mandatory lockdowns and social distancing, MGM Resorts (NYSE:MGM) stock isn’t exactly a market darling. The hotel, resort and casino operator’s share price has reflected these hard times. Source: Jason Patrick Ross / Shutterstock.com Does this mean that cautious investors should avoid MGM stock completely? And, should current shareholders abandon ship in
Data released from the National Institute of Health’s study of Gilead‘s (NASDAQ:GILD) treatment for the novel coronavirus, remdesivir, was quite positive. Indeed, a South Korean doctor who was involved in carrying out the study said that the reduction of mortality seen in novel coronavirus patients taking the drug was “meaningful.” That statement alone makes GILD
Alibaba (NYSE:BABA) stock investors just can’t seem to catch a break. Between the trade war, the novel coronavirus and now fears over a potential U.S. delisting, the stock has been bombarded with negative headlines over and over. Source: Kevin Chen Photography / Shutterstock.com None of these headlines have anything directly to do with the company
American Airlines (NYSE:AAL) dropped 8% on May 28 after reporting earnings. Clearly investors have not yet come to terms with all of the woes that the industry is facing. This also put pressure on Southwest Airlines (NASDAQ:LUV), which fell 3% on Thursday and some more this morning. But it hasn’t all been bad news in
There’s a lot I don’t understand about science and virology. But I understand marketing and the power of a great brand. So even in the midst of a global selloff in equities, I remained bullish on Disney (NYSE:DIS). And since my last article, DIS stock is up 20%. Source: spiderman777 / Shutterstock.com However, skeptics will
Delta Air Lines (NYSE:DAL) and other carriers aren’t out of the novel coronavirus woods yet, not by a long shot. But a jump of 18.24% last week by DAL stock can’t be glossed over either. Source: NextNewMedia / Shutterstock.com The recent strength of DAL stock epitomizes what’s happening in the equity market today. Stocks, including
Royal Caribbean (NYSE:RCL) just got its head back above water. In fact, since May 11, RCL stock has exploded from $37.78 to about $52. Even now, it’s still a very solid opportunity. And if it can stay afloat, as the economy recovers, I strongly believe it can refill its gap around $108. Source: Laszlo Halasi
[Editor’s Note: “5 Bank Stocks to Buy Now Because This Isn’t 2008 Again” was originally published in March 2020. It has since been updated to include the most relevant information.] When the economy slips into a recession and the stock market tanks, investors are naturally inclined to sell bank stocks. After all, during the last
Although Microsoft (NASDAQ:MSFT) has rallied nearly 50% over the last couple of months, Microsoft stock is likely to climb further in both the short term and long term. Source: NYCStock / Shutterstock.com In the short term, the company’s more heralded catalysts – the growth of its overall cloud business, video games, Teams and the work-from-home
[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
As the novel coronavirus continues to disrupt economies across the globe, the stock market’s reaction has been both remarkable and unprecedented. Investors scrambled to find an ounce of stability in the cannabis industry, specifically in Aurora Cannabis (NYSE:ACB) stock. While the company has a cult following, it is well-known for generating net losses. Source: Jarretera
It’s interesting to see how traders are flocking to certain stocks in the wake of the Covid-19 pandemic. One noteworthy influx of trading volume and analyst coverage has surrounded Inovio Pharmaceuticals (NASDAQ:INO) stock. Source: Ascannio / Shutterstock.com Much of the interest, as you might imagine, involves the company’s prospects of being first to market with a Covid-19
As with the rest of the market, PayPal (NASDAQ: PYPL) was rocked by the March meltdown, but PayPal stock has reached new highs, approaching $150 as of this writing. Source: JHVEPhoto / Shutterstock.com As lockdown restrictions leave us confined to our homes, many businesses switched to an e-commerce business model to meet consumer demand and stay
One only needs to look at Western Europe’s April car sales to know that 2020 has been a disaster for all vehicle manufacturers including Tesla (NASDAQ:TSLA). On a relative basis, however, Tesla’s April decline was actually pretty good, which is great news if you own TSLA stock. Source: Tudoran Andrei / Shutterstock.com Here’s why. According