After a rough outing from the Labor Day-shortened week, this week is so far getting off to a better start. However, it’s difficult to know if the immediate but tepid bullishness can be trusted. With a pandemic still lingering, along with massive, unprecedented wildfires along the west coast, investors are rightfully on edge regarding which
Stocks to buy
Royal Caribbean (NYSE:RCL) will likely survive and thrive just fine once a vaccine is approved for the novel coronavirus. That means RCL stock could get a nice boost sometime this fall when a Covid-19 vaccine finally gets approved by the FDA. Source: ImagineStock / Shutterstock.com But don’t count your chickens before they hatch here. First,
Hot-button hydrogen fuel cell company Plug Power (NASDAQ:PLUG) is one of the most debated companies on financial message boards. Traders, analysts and onlookers either seem to love or hate PLUG stock. Source: Halfpoint/ShutterStock.com I’ve been guilty of taking both sides of the fence on PLUG stock. As a contrarian, I liked it when the share
Norwegian Cruise Line Holdings (NYSE:NCLH) stock could get a nice boost sometime this fall if a Covid-19 vaccine finally gets approved by the FDA. However, keep in mind that this stock price jump might be from a lower price than today. Source: Roberto Sorin / Shutterstock.com This is because it seems highly likely that the
The current stock market is a roller coaster, to say the least. With the novel coronavirus pandemic, economic uncertainty, and a contentious presidential election all weighing on investors’ minds, share markets are likely to deliver volatility through the remainder of the year. But that doesn’t mean investors should stay out of the market. Instead, making
Like a ship in calm waters, Norwegian Cruise Line (NYSE:NCLH) trended higher since the March stock market crash earlier this year. Markets are in a wait and see mode with Norwegian Cruise Line stock. The buy thesis is simple: as cruise lines reopen, revenue will return and the sector will recover. Source: Roberto Sorin /
Investors curious to know which electric vehicle stocks to buy have an increasing number of options to choose from. Markets have certainly warmed up to the idea of electric vehicles, which was not the case several years ago. There are now many companies which are beginning to make waves in this space. Returns could be
Alongside the rest of the tech sector, shares of freshly public Vroom (NASDAQ:VRM) have taken a nose dive recently, with Vroom stock falling as much as 30% in a matter of days. Source: Lori Butcher / Shutterstock.com But guess what? Vroom is still pioneering a new era of online car buying and selling. The company
The last time I weighed in on Advanced Micro Devices (NASDAQ:AMD), I said that AMD stock could easily explode to $100 per share thanks to a significant number of catalysts. Source: Fabio Alcini / Shutterstock.com That was on July 30, as AMD stock traded at $76.09. Not long after, AMD would run to a high
Despite the recent weakness in tech stocks, shares of Pinterest (NYSE:PINS), a visual discovery engine, are still up over 85% year-to-date. In fact, $1,000 invested in PINS stock during its March lows would now be worth around $3,400. Source: Nopparat Khokthong / Shutterstock.com “Visual search and recommendations, collectively referred to as visual discovery … is
On Tuesday, Aurora Cannabis (NYSE:ACB) announced a potentially massive 1.8 billion CAD ($1.37 billion) write-down for Q4. Simultaneously, the Canadian marijuana company announced it has chosen a new CEO, its Chief Commercial Officer Miguel Martin. The market reacted with shock, sending ACB stock down 12% before recovering. Source: Shutterstock But it’s a trick that other companies
2020 has added several new terms, such as “social distancing” to our daily vocabulary. Therefore, let’s look at five hot stocks to buy that are still profiting from social distancing. Recent research led by Jean-Noel Barrot of HEC Paris highlights the following: “The global health crisis caused by the outbreak of the Covid-19 virus has led
Despite a depressed travel industry, many investors still view Airbnb as a solid investment option. The short-term rental company confidentially filed the paperwork to go public later this year The Wall Street Journal reported last month. The change in events has spurred increased interest among believers eager to get in on Airbnb stock. Source: Tero
Sin stocks are those that cater to vices and bad habits. We’re talking about drinking, smoking, gambling and firing guns. Activities that some people indulge in and enjoy — and that others view as morally questionable. As the economy gradually reopens and consumers begin to spend again, they will no doubt use some of their
AgEagle Aerial Systems (NYSEAMERICAN:UAVS) is garnering lots of attention recently, and rightly so. UAVS stock took a hit after earnings, but it looks as if it was a temporary setback. Source: Rocksweeper / Shutterstock.com The company is well-aligned to make serious inroads into the emerging unmanned aerial vehicles industry. Shares recently jumped into the $3-4
GrowGeneration (NASDAQ:GRWG) burst onto Wall Street’s radar in mid-August, when GRWG stock just about tripled in a week after the cannabis growing supplies retailer reported blowout second-quarter numbers which comprised 123% revenue growth. Source: Shutterstock Some pundits want to write off the big rally in GRWG as a pump-and-dump scheme with a sketchy management team.
Editor’s note: “9 Stocks to Buy This Month” was originally published July 9, 2020. It is updated monthly to reflect the current state of the markets and best stocks to buy for that month. With the start of the fall season upon us, most Americans probably feel as if they were caught off guard. Considering
Concerns that the U.S. government will ban the Chinese social media app TikTok is taking its toll on Fastly (NYSE:FSLY) stock, with the company’s shares down nearly 33% over the past month. Source: Pavel Kapysh / Shutterstock.com Does this mean the dramatic ride in Fastly is coming to an end? Not at all. And despite
It’s been a great year for both initial public offerings and also e-commerce stocks. Vroom (NASDAQ:VRM) stock arrived at just the right time, as the company benefits from both factors. Not surprisingly, Vroom’s June IPO was a success. Since Vroom stock started trading, shares are up by around 21%. Source: Lori Butcher / Shutterstock.com That’s
Red-hot tech stocks fell off a cliff heading into the Labor Day weekend. Facebook (NASDAQ:FB) stock was no exception. FB stock dropped about 7% in a matter of days. Source: rvlsoft / Shutterstock.com To be clear, this tech sell-off is nothing to worry about. It’s a totally natural and totally healthy valuation gut-check. Tech stocks