The action on Wall Street has gone bonkers. In the first three days this week, the averages moved 4% a day and today is looking just as violent. Clearly, trading the stock market right now is fraught with danger and not for the faint of heart. This is especially true when dealing with a group
Stocks to buy
[Editor’s Note: this article 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 People’s Bank of China, a rebounding manufacturing sector, and
As if there isn’t enough uncertainty in the markets with the coronavirus from China, there’s also the U.S. presidential election coming on Nov. 3. Already, there have been numerous state caucuses and plenty of primary elections. And there are plenty more over the coming weeks and months. The top job at 1600 Pennsylvania Avenue as
It will take more than the coronavirus from China to keep Apple (NASDAQ:AAPL) stock down. Source: pio3 / Shutterstock.com Coming off a 15% drop in the last two weeks, the maker of the iPhone rebounded in a big way on Monday, shooting up more than 9% on the strength of an Oppenheimer upgrade. Oppenheimer changed
Thanks to the coronavirus, financial markets are coming off their worst week since the Financial Crisis, with major indices in the U.S. stock market shedding about 12% in five days. That’s a pretty bad showing. And yet, investors don’t seem to be throwing in the towel. Instead, search volume for the term “stocks to buy”
When a company’s quarterly results indicate its prospects have worsened, the markets react quickly and decisively. The stock typically sells off if the company fundamentals show any hint of a downturn. Other times, bad news the markets didn’t anticipate can send stocks lower. In these cases, investors need to decide if these losers are in
Following last week’s massive cratering in the market and fearful pandemic conditions, it’s a great time to begin buying many well-discounted stocks. And for younger investors looking to allocate some capital towards riskier plays in this asset class, Virgin Galactic Holdings (NYSE:SPCE) is looking much better-positioned for a second launch and maybe even another moonshot
2019 was a spectacular year for Amarin (NASDAQ:AMRN). The same has not been true of 2020, at least looking at Amarin stock. Source: Pavel Kapysh / Shutterstock.com After a 7% decline on Wednesday, AMRN now has dropped 24% so far this year. Truthfully, it’s difficult to see why. There really hasn’t been any bad news
E-commerce, or what we might informally call online shopping, is practically synonymous with Amazon (NASDAQ:AMZN) in the minds of many stock traders. However, the emergence of other contenders means that there are less expensive alternatives to Amazon in the realm of e-commerce stocks. It’s sometimes a fuzzy category because traditional brick-and-mortar retailers like Walmart (NYSE:WMT) and Target
As of this writing, General Electric (NYSE:GE) stock has posted nine consecutive days of losses on Wall Street. That’s a long losing streak. And it’s all because investors have grown increasingly concerned that the rapidly spreading coronavirus outbreak will have a bigger and longer impact on the industrial conglomerate’s operating results than previously anticipated. Source:
The next earnings report for Kohl’s (NYSE:KSS) – which will be announced on Tuesday before the market opens – will probably not be enjoyable for CEO Michelle Gass. The deterioration of the department store category is showing no signs of letting up. And the stock price certainly bears this out. Source: Sundry Photography/Shutterstock.com Since November
[Editor’s Note: This article was updated on Feb. 28 to include the most relevant information.] More than $6 trillion of global market value has been wiped out all thanks to coronavirus fears and concerns it could significantly slow global growth. To date, the death toll is quickly nearing 3,000, with 83,000 cases around the world.
The broad market indices are going down. But that doesn’t mean the entire market is headed down with them. First, it pays to remember in times like these, that the big indices are price weighted. That means the higher the price of the stock, the more it affects the movement of the index. Sometimes, one
When looking for stocks to light up a portfolio, the cannabis sector might not be the first place that comes to mind. Those following the industry have seen the situation go from bad to worse, with high tax rates and supply issues bogging down the U.S. market. Meanwhile, its neighbor to the north in Canada
There’s no end in sight to the coronavirus scare. Source: Shutterstock There are more than 80,000 global cases, with more than 2,700 recorded deaths (primarily in China). Over 1,000 cases have been reported in South Korea, with a death toll of at least 11. Iran’s Deputy Health Minister has been infected. We’re seeing cases appear
Huya (NYSE:HUYA) stock really has a lot going for it. The maker of livestreaming games is growing very rapidly and has huge opportunities, both overseas and in its home market of China. Meanwhile, the valuation of Huya stock is extremely low, given the company’s huge growth. And the coronavirus from China is likely to actually
Rite Aid (NYSE:RAD) is getting back to basics, and that’s paying off. The new CEO, Ms. Heyward Donigan, has cut unnecessary costs and redirected the company. RAD stock has taken off as a result. Source: Ken Wolter / Shutterstock.com RAD stock is up 181% in the past six months. Looking at the latest earnings report,
[Editor’s note: “4 Cybersecurity Stocks to Buy for Long-Term Gains” was previously published in December 2019. It has since been updated to include the most relevant information available.] Another day, another hack … another reason to buy cybersecurity stocks. I’ve been saying that for a few years now, and over the past three years, cybersecurity
Despite the major indices reaching fresh highs, I’ve consistently encouraged my readers to think about the bigger picture. Of course, I understand the basic concerns about not wanting to hold the bag. But with the convergence of paradigm-shifting technologies, there’s no better time to invest in transformative names like Splunk (NASDAQ:SPLK). Leveraging big data across
On multiple occasions, I’ve delivered a lecture — or better yet, a crazed rant — on how a handful of tech stocks are propping up the equities market. I haven’t changed my tune on that issue. However, my generalized wariness of frothy technology stocks doesn’t mean that I’m bearish on each individual name within the