Costco (NASDAQ:COST) shares held steady as the novel coronavirus pushed the stock market lower. That’s no surprise, given the wave of panic buying as the pandemic hit America. But, while competitors like Walmart (NYSE:WMT) have made new highs, Costco stock has pulled back. Source: ilzesgimene / Shutterstock.com To me, that’s a sign Costco shares are
Stocks to buy
Like nearly every U.S. equity, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) was under significant pressure due to the novel coronavirus. However, big declines like this present opportunity and with GOOG stock still down 21% from its highs, it’s worth a closer look. Source: rvlsoft / Shutterstock.com This company has so many positives going for it. While Google may
Most equities are pushing higher again on Thursday thanks to yet another round of aggressive stimulus from the Federal Reserve. In addition to a $2.3 trillion stimulus to support small businesses and local governments through loans, as well as buy junk bonds in the open market via ETFs such as the iShares High Yield (NYSE:HYG).
The stock market has rebounded swiftly over the past three weeks, with the S&P 500 rallying 27% from its March 23 low on the back of optimism that the novel coronavirus pandemic is starting to plateau and even fade across Europe and the U.S. In response to this big market rebound and the coronavirus curve
Year-to-date, pharma giant Johnson & Johnson (NYSE:JNJ) stock, a Dow Jones component, is down about 6%. By comparison, the Dow Jones as a whole is down about 17%. Source: Alexander Tolstykh / Shutterstock.com Given the market uncertainty over the COVID-19 pandemic, investors are understandably cautious about the outlook for many shares, including JNJ stock. I enjoy
Lululemon Athletica (NASDAQ:LULU) stock is back on the upswing. Yes, Lululemon stock got clobbered during the March crash — shares declined by as much as 50%. But they have recovered swiftly, with shares rallying from $130 to $195 over the past couple weeks. There’s good reason for that. Source: Richard Frazier / Shutterstock.com Looking at the
One sign of a good company is its ability to take advantage of mistakes committed by others. And that’s why opportunity is shining on Microsoft (NASDAQ:MSFT) stock these days. Source: NYCStock / Shutterstock.com It’s true — I can’t say enough about Microsoft stock right now because it’s hitting on all cylinders. I’ve already told you
Source: Shutterstock It’s become clear, folks, that we’re not going to have a “V-shaped” recovery, though that’s always the hope after a sharp market decline. We’re going to have a “U-shaped” recovery. It’s coming along this week, with a 10% rally in major indexes, including more than 2,000 more points tacked on to the Dow.
Alongside the rest of the stock market, programmatic advertising leader The Trade Desk (NASDAQ:TTD) has seen its stock decimated by the coronavirus pandemic over the past six weeks. From its mid-February highs, TTD stock has dropped about 50%. Source: Shutterstock/ Bella Melo On one hand, this sell-off in TTD stock makes complete sense. The global
In the wake of the novel coronavirus pandemic, shares of visual search platform Pinterest (NYSE:PINS) fell off a cliff. In a matter of weeks, Pinterest stock dropped from $25 to $10. Source: Nopparat Khokthong / Shutterstock.com The selloff makes complete sense. The world has come to a screeching halt. Consumers aren’t going out and buying
Last November, I wrote that Uber (NYSE:UBER) was on the comeback trail, making Uber stock a buy. Source: Proxima Studio / Shutterstock.com At the time, it was trading around $27. In the months since, it’s been on a wild ride ranging between a high of $42 and a 52-week low of $13.71. As it rebounded
To get a sense of just how volatile this market is, consider that Penn National Gaming (NASDAQ:PENN) stock has doubled from its lows. Yet, Penn National stock still is down 74% from its 52-week high. Source: Casimiro PT / Shutterstock.com The decline in PENN stock makes some sense. Casinos nationwide have been shut down amid
After a recent bounce, Alibaba (NYSE:BABA) is down almost 20% from its 52-week highs. That’s notably better than the S&P 500, which is down about 27% from its highs. Given all the circumstances at the momentum, it’s hard to determine if Alibaba stock is outperforming or underperforming expectations. Source: Kevin Chen Photography / Shutterstock.com While
The coronavirus continues to sweep across the world. It’s hitting Europe and the U.S. hard after the outbreak began in China. Despite the hellish reality of Covid-19, we’re seeing individual companies step up, like Gilead Sciences (NASDAQ:GILD). As a result, GILD stock is up 16.3% year-to-date and 9% over the past month. Some investors may
Microsoft (NASDAQ:MSFT) stock closed March at less than $1 from where it opened January. Source: gguy / Shutterstock.com Although a down market — spurred on by Friday’s jobs report — has Microsoft stock down about 1.5% on April 3, it remains about the only thing working. Even the dividend, 51 cents per share, looks payable.
Investors who mourned their first-quarter losses as Wall Street collapsed into a bear market may have missed success stories like Microsoft (NASDAQ:MSFT) stock, which managed to hold its own amid the chaos. Source: The Art of Pics / Shutterstock.com It’s true. While the Nasdaq Composite fell more than 16% year-to-date, Microsoft’s stock is flat, as
Clorox (NYSE:CLX) is one of several stocks breaking out in light of the coronavirus from China. Shares in hard-hit industries like airlines and retail are trending lower. But household products names like Clorox stock have made new highs. Source: Roman Tiraspolsky / Shutterstock.com The reason is obvious: panic buying. And not just food and toilet
Amidst growing global tumult, volatility has had the stock market swinging from extreme bearishness to brief moments of bullishness. And although the general direction is down, sticking to the game plan will pay off in the long run. Investors ought to stake claims in ongoing trends now to maximize returns over the next few years.
It’s been a bumpy ride in financial markets over the past month and that volatility is expected to continue. For that reason, investors have been searching for quality investments that can last through the turbulence. In the semiconductor space, NVIDIA (NASDAQ:NVDA) is a great place to start looking. After losing roughly 20% of its value,
[Editor’s Note: “5 Chinese Stocks to Buy for the Second Half 2020 Rebound”was originally published in December 2019. It is regularly updated to include the most relevant information.] The bull thesis on Chinese stocks going into 2020 was surprisingly simple and compelling. You had easing trade tensions, stabilizing geopolitical relations, ample fiscal stimulus from the