Shares of Pinterest (NYSE:PINS) have plunged over the past few months, falling from above $30 to below $20, as the company’s nascent digital advertising business has slowed too much, too soon. Specifically, last quarter, Pinterest’s revenue growth rate, in a highly unusual development, dropped below 50%, while its guidance called for growth to fall below
Stocks to buy
Editor’s note: This column is part of our Best Stocks for 2020 contest. Louis Navellier’s pick for the contest is PennyMac Financial Services (NYSE:PFSI). PennyMac Financial Services (NYSE:PFSI) is certainly one of my favorite picks for the coming year. Why? Because it is perfectly positioned to take advantage of one of the biggest trends in the U.S.
It has been a rough ride for shares of Canadian cannabis producer Aurora Cannabis (NYSE:ACB) in 2019. Aurora began the year priced around $5. However, it’s exiting the year at around half of that value — mostly thanks to stagnant revenue growth amid challenging demand trends in its core Canadian consumer market. Source: Shutterstock But,
The insurance space is poised for growth in the coming year despite worries about the 2020 election cycle. With the Federal Reserve looking unlikely to lower interest rates any further, the industry will be able to profit from investing the cash they’ve collected from premiums but haven’t paid out in claims. Insurance stocks are also
When it comes to the biotech market, it’s not easy to show consistently strong gains. But Amarin’s (NASDAQ:AMRN) shareholders have come to expect a certain level of outperformance. Source: Pavel Kapysh / Shutterstock.com Just look at the average daily return for the past five years: a sizzling 84%! To put this in perspective, Netflix (NASDAQ:NFLX)
I have written about Amazon (NASDAQ:AMZN) stock many times before and I have been consistent with my message. Long term, AMZN stock will be higher. This management team under the leadership of Jeff Bezos has earned the benefit of the doubt. They have executed very well on their plans for over a decade. That’s how
Computer chipmaker Nvidia (NASDAQ:NVDA) has handsomely rewarded investors who bought the company’s stock after last fall’s calamitous drop. Source: JHVEPhoto / Shutterstock.com Since bottoming out last December, Nvidia stock is up more than 70%. The question is, trading at around $220 now, does NVDA still have significant upside? Or are investors looking to get in
After a rocky summer, Shopify (NASDAQ:SHOP) stock has been on fire. With its latest rise, it’s got investors wondering if new all-time highs could be in store, possibly by year end. Source: Beyond The Scene / Shutterstock.com Shopify stock is a very tough one for investors to size up. I consider myself a growth-stock investor,
Shares of Chinese technology giant Alibaba (NYSE:BABA) finally took out the $200 level in late November 2019 amid easing U.S.-China trade tensions. That brings the 2019 gain of Alibaba stock to nearly 50%. It also puts BABA stock at its all-time highs. Source: BigTunaOnline / Shutterstock.com Up 50% over the past 11-12 months? Trading at
It’s been a disappointing year for investors who have bought into the initial public offering of two transportation-service companies. Lyft Inc (NYSE:LYFT) and Uber Technologies (NYSE:UBER) are both down by nearly 38% since the IPO. However, I believe that 2020 and beyond might be better for Uber and Lyft. In-sync with this view, Lyft stock
Twilio (NYSE:TWLO) announced its third-quarter results on Oct. 30. While top- and bottom-line results beat analysts’ average estimates, investors didn’t like the company’s Q4 guidance. They sent Twilio stock below $100 for the first time since early January. In the process, I got egg all over my face. That’s because I wrote a piece on
Looking back on the past decade, the 2010s have been a spectacular decade for stocks overall. But, of more importance, the 2010s were an even more spectacular decade for tech stocks. The internet went global. Everyone got a smartphone. And a smartwatch. And a smart tablet, smart car and smart appliances, too. E-commerce became a
Less than a month ago, I wrote a piece on InvestorPlace detailing five “lottery stocks” — or high-risk, high-reward stocks with huge long-term upside potential — that were worth buying because their risk-reward profiles were starting to skew strongly towards the reward side. Normally, when you buy lottery ticket stocks, you hope all of them work
Without a doubt, Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has become one of the most successful conglomerates in history. Founded only 21 years ago, Alphabet has grown into the third-largest publicly-traded company, bringing tremendous long-term profits to Alphabet stock. Source: achinthamb / Shutterstock.com Alphabet also encompasses multiple businesses. Most reside under the original Google umbrella. It also consists
We are now at the very end of the third-quarter earnings season, with roughly 98% of S&P 500 companies having reported their Q3 numbers so far. The results have been broadly positive. Sure, third-quarter earnings per share dropped more than 2% year-over-year. But, trade war pressures and slowing economic activity were supposed to cause an
For anyone whose investments include technology, which should be everyone, Nvidia (NASDAQ:NVDA) is a core holding. Source: michelmond / Shutterstock.com That’s because artificial intelligence, in both the cloud and at the edge, is a key to growth in the next decade. Nvidia has the chips and software that deliver it. The recent bull run has
Back in April, Pinterest (NYSE:PINS) came public in a high-profile offering, with the shares jumping 28% on its first day of trading. The stock price would hit a high of $36 by late August. But since then, things have not gone too well. Keep in mind that Pinterest stock is actually below its initial offering
Analysts at the research firm Cowen recently suggested that Lululemon Athletica (NASDAQ:LULU) could be the next Nike (NYSE:NKE). That’s excellent news for Lulu stock. Source: Richard Frazier / Shutterstock.com My only question is, what took Cowen so long to see that? Seriously, that’s been obvious for a long time. On Dec. 3, Cowen raised its
The stock market is hitting new all-time highs. With it, many of investors’ favorite stocks are becoming rather expensive. There are certainly fewer cheap value stocks today than there were last December, that’s for sure. But don’t despair. The rise in the S&P 500 and other stock market indexes hasn’t caused all stocks to rise
After having learned from both good and bad experiences, veteran investors usually are pretty good at picking stocks. In most cases, they’re just maintaining an existing portfolio, picking one stock at a time to replace another that’s no longer a worthy holding. It’s a slow-moving journey. Brand new investors, however, face a tougher task. Building