Here are FOUR of the best stocks to buy now, in my humble opinion, during July 2020. We’ve got one space stock, one exciting ETF, one cheap and undervalued stock, and a huge buying opportunity for a tech giant. ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU ✅14 Day Free Trial Final Days! Hurry!
Month: July 2020
Lululemon (NASDAQ:LULU) has been lagging since the company reported earnings in early June. However, LULU stock caught a bid on June 30, on news that it will acquire Mirror for $500 million. Source: Sorbis / Shutterstock.com Shares closed off the highs, but still climbed 6% on the day. Why the enthusiasm? Because Lululemon bought into a
Many shares have come off their March lows to hit recent highs. However there are exceptions, such as Xerox (NYSE:XRX). Xerox stock currently hovers around $15.15 and slowly inching down to its 52-week low of $14.22 seen on May 14. Year-to-date, the stock is down 60%. Source: BalkansCat / Shutterstock.com Today I’ll take a closer look
A worker wearing a protective mask and gloves assembles face shields at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, April 29, 2020. The factory is making 50,000 face shields per week for hospitals in Massachusetts and Rhode Island, Governor Charlie Baker said. Adam Glanzman | Bloomberg via Getty Images As the economy moves
At the beginning of the week, DocuSign (NASDAQ:DOCU) stock saw its share price decline. Investors looked at economic reopening across the U.S. as a negative for the firm’s future performance. DocuSign specializes in orchestrating contracts online and is best-known for its eSignature service, which allows people to sign contracts electronically. Source: Sundry Photography / Shutterstock.com When
Advanced Micro Devices (NASDAQ:AMD) stock rode out the novel coronavirus. But, after seeing shares rebound from their March sell-off lows, what’s next for the CPU and GPU powerhouse? Right now, shares hold steady between $50 and $55 per share. Yet, what factors could move the needle? Conversely, what risks could send shares lower? Source: Joseph
Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer reported a first-quarter loss of $2.03 per share, with the loss and its revenue matching the numbers it gave in a preliminary report on June 9. Macy’s is expecting the pandemic to impact the U.S. economy for the
Editor’s note: This article is part of InvestorPlace.com’s Best Stocks for 2020 contest. Eric Fry’s pick for the contest is Freeport-McMoRan (NYSE:FCX). When we last discussed Freeport-McMoRan (NYSE:FCX), the novel coronavirus pandemic was in full force, the U.S. stock market was struggling to recover from a wicked 34% drop and copper prices had tumbled to a three-year low. This
In early June, it appeared all the tumblers were coming into place for General Electric (NYSE:GE). After over a year of cost cutting and streamlining, the company looked like things might be turning around. In the first five trading days of June, GE stock climbed over 25%, nearly in lockstep with Boeing (NYSE:BA) stock. Source:
A woman walks past FedEx Corp. Ground vehicle parked in the Midtown neighborhood of New York, U.S., on Friday, Dec. 4, 2015. John Taggart | Bloomberg | Getty Images Check out the companies making headlines in midday trading. FedEx — Shares of FedEx jumped more than 14% after the company’s fourth quarter results blew past
If you can ignore the humidity and 90-degree temperatures, you can almost convince yourself it’s March and not July. Spring training baseball is restarting and professional basketball and hockey playoffs are around the corner. If you hold Penn National Gaming (NASDAQ:PENN) stock, these are all good signs. Source: Casimiro PT / Shutterstock.com The novel coronavirus
Well, that was fun. That was my reaction to a quick spin around the Naked Brand Group (NASDAQ:NAKD) website. But a deeper dive made me realize that this is not a company that’s in it for the long haul, and by the look of the NAKD stock, it may not be in business for much
Take a look at some of the biggest movers in the premarket: McDonald’s (MCD) – McDonald’s halted further reopenings of dine-in service at its restaurants, postponing them by three weeks due to a rise in Covid-19 cases. Restaurants, where dine-in service had already resumed, will be allowed to continue offering it if their local jurisdictions
The Institute for Supply Management supplies a monthly look at the U.S. manufacturing market. In April, that index hit an 11-year low. But since then, the numbers have been rising. They’re not going wild, but they’re rising. You have seen this in the housing market where new home purchases are growing — mortgage demand is
Beyond Meat (NASDAQ:BYND) is a special case. Although BYND stock is a food stock, it trades like a tech stock. Source: Sundry Photography / Shutterstock.com I wrote in June it was priced well beyond fundamentals. It still is. This is despite two sharp plunges that have it trading 17% below its June 11 price. Beyond
A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City. Noam Galai | Getty Images Stocks in the week ahead will focus on the severity of the spread of the coronavirus, during what should be a lull between Thursday’s
After a better-than-expected jobs report, stocks finished the holiday-shortened trading week on a strong note. Let’s look at a few top stock trades for the first full week of July. Top Stock Trades for Tomorrow No. 1: Nio (NIO) The $5 to $6 zone was set to be a tough one for Nio (NYSE:NIO), which
I’ve been recommending Square (NYSE:SQ) for this entire year. Admittedly, at first that call looked a bit shaky. The novel coronavirus pandemic sent stocks plunging — and Square stock wasn’t immune. Source: IgorGolovniov / Shutterstock.com The company’s exposure to small businesses suggested significant risk if the broader economy went into a tailspin. At the lows,
You don’t need any special skill sets to recognize the dire picture for Carnival (NYSE:CCL). Recently, S&P Global Ratings downgraded the cruise ship operator’s long-term credit rating by three levels to BB-. This cut comes after Moody’s Investors Services rated the company as “junk.” Naturally, this leaves CCL stock in quite a predicament. Source: Ruth
An artist’s rendering of a Momentus Vigoride transfer vehicle deploying satellites in orbit. Momentus A space startup offering a “last mile delivery” service for spacecraft is continuing its deal spree this year, becoming an increasingly important player in the growing small satellite market. Momentus, a Santa Clara, California-based company, has so far struck $40 million