While most investments have tumbled badly due to the novel coronavirus pandemic, a few like Starbucks (NASDAQ:SBUX) are notable for their uniquely frustrating journey. Source: monticello / Shutterstock.com Back in summer 2019, SBUX stock closed at a record high. However, when it became apparent that the U.S.-China trade war would worsen, shares quickly stumbled. Yet
Stocks to buy
Media stocks have been slammed over the past few weeks as the novel coronavirus outbreak — formally dubbed COVID-19 — brought the global economy to a screeching halt. The Invesco Dynamic Media ETF (NYSEARCA:PBS) has dropped more than 30% from its February highs. Amid this wide sell-off, I’ve gone shopping for opportunities in the media
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
When the shuttered American economy reopens, companies will need resources to get things moving again — both power and raw materials. That’s where the industrials come in. This concept goes back to Charles Dow himself. When the Dow Jones Industrial Average was launched in 1896, it contained just 12 companies that focused almost entirely on
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
The “prepper” or survivalist movement was around for decades before the novel coronavirus outbreak. But now, as COVID-19 continues to dominate the headlines and reshape the global economy, preparing for imminent catastrophe doesn’t seem quite as eccentric. While not everyone is buying eight months worth of food, we have seen a serious surge in panic-buying
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
Canadians and members of other nationalities may openly wonder about America’s obsession with firearms. In fairness, it’s not that we are obsessed. Rather, gun owners are among the nicest and most reasonable Americans you can find. It’s just that they’re scared of the insanity of the masses. And even if you don’t want to arm
[Editor’s note: “5 Stocks That Could Double in 2020” was originally published in January 2020. It is continuously updated to include the most relevant information.] Over a year ago, I wrote a piece on InvestorPlace.com where I outlined 7 stocks that could double in 2019. The selections were pretty spot-on. Four of the seven stocks
The trading week is over and even the after-hours traders are packing it up. But to the amazement of the social-media pundits, Co-Diagnostics (NASDAQ:CODX) stock is up 40% post-market. Source: Shutterstock What’s going on? There’s a development afoot and it’s a potential game changer in the global battle against the spread of the novel coronavirus.
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
Shares of social media and digital advertising giant Facebook (NASDAQ:FB) have plummeted over the past six weeks on concerns that the rapidly spreading novel coronavirus will kill digital advertising globally for the foreseeable future. FB stock is consequently down about 30% from its mid-February highs. Source: Chinnapong / Shutterstock.com These concerns are completely rationale. The
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