With the coronavirus from China devastating the markets recently, it’s very difficult to predict the day-to-day movements. On the other hand, figuring out which stocks to buy for your ten-year old is a much easier task. That comes from the confidence that over time, many well-positioned companies will benefit from shifting social dynamics. Overall, the
Stocks to buy
Alongside the rest of the market, the shares of online dating behemoth Match (NASDAQ:MTCH) have plunged over the past six weeks as the novel coronavirus pandemic has brought the global economy to a screeching halt. MTCH stock went from $95 in mid-January to $45 in mid-March. B Source: Shutterstock But as the number of new
The unfortunate arrival of the novel coronavirus has produced some losers in the stock market but also some winners. Disney (NYSE:DIS) stock should have been a big loser in theory. But things don’t always work out as expected in the markets, do they? Source: nikkimeel / Shutterstock.com Sure, the pandemic has kept kids and their
Shares of global media icon Disney (NYSE:DIS) have fallen off a cliff since February, par for the course as the coronavirus pandemic brings the global economy to a screeching halt. Source: spiderman777 / Shutterstock.com Year-to-date, DIS stock is down 30%, and nearly all of that decline has happened in the past six weeks. On one
Stocks in several sectors have plummeted after the coronavirus-driven market meltdown. Airline, energy and tourism stocks have taken a big hit due to the black swan event. Other stocks that have been relatively resilient. Qualcomm (NASDAQ:QCOM) stocks is one of the names that has not collapsed. Source: testing / Shutterstock.com Yes, Qualcomm stock has declined
With the stock market gaining momentum, it’s becoming more difficult to find bargain-priced stocks to upgrade your portfolio. Electronic payment processor PayPal (NASDAQ:PYPL) is one such company whose share price has risen 20% from where it bottomed in mid-March. But PYPL stock is still trading 15% lower than its February highs, making it a worthwhile
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
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