Stocks to buy

Even with the headwinds related to the pandemic, cruise stocks have trended higher in the last 12-months. A key reason is a positive outlook for 2022 and beyond. Further, most cruise companies have strengthened their balance sheet to navigate an extended period of cash burn. It’s worth noting that the cruise industry revenue plunged to

History has repeatedly shown that market crashes are almost a “natural” part of the investing cycle. On July 19, the S&P 500 saw its worst single-session plunge in months, fueling speculation that a major correction might be around the corner — and that will provide stocks to buy. The spread of the delta variant, which

Traders are wishing things had turned out differently. ContextLogic (NASDAQ:WISH) looked like a promising stock when it completed its initial public offering at $24 in December. WISH stock quickly rallied to $33 as investors piled into the hot new e-commerce name. Source: sdx15 / Shutterstock.com However, things quickly derailed. By this summer, WISH stock had slumped

Newegg Commerce (NASDAQ:NEGG) is a California-based online retailer that specializes in computers, electronics, PC and gaming accessories and related products. Newegg has been in business since 2001, but the company only went public this May. In a reverse merger (details here) it became Newegg Commerce. NEGG stock began trading on May 20, and since then it

Navigating the stock market is never easy, particularly in these times. Although the markets are on fire, value investors are still squeamish on which stocks to buy. After all, this economy is dominated by electric-vehicle (EV) plays and SPACs, or special purpose acquisition companies. Understandably, the whole situation can confuse the best trader. That’s why

Electric vehicle (EV) stocks have seen renewed enthusiasm recently. However, this optimism has provided little solace for long-time investors in Workhorse (NASDAQ:WKHS). The stock has more than doubled from its low point in May around $7 to a recent high of $18. WKHS stock closed today trading at $11.46 per share, which is a long

ContextLogic (NASDAQ:WISH) is well-positioned to benefit from the turbulence that China-based e-commerce companies are facing. Further, after outlining multiple, positive catalysts in my previous column on WISH stock, published on June 28, I have identified several more drivers that are likely to boost the shares over the longer term. Source: sdx15 / Shutterstock.com Among these

Penn National (NASDAQ:PENN) has generated profits in each of the last two quarters — and the company’s first-quarter results were particularly impressive. But that’s not the only reason to like PENN stock. Source: Casimiro PT / Shutterstock.com On top of its quarterly performance, Penn National also looks critically well-positioned to benefit from a meaningful expansion

Facebook (NASDAQ:FB) reported absolutely stellar free cash flow (FCF) numbers for the second quarter, ending June. As a result, I believe that FB stock is worth significantly more than its present price. Source: Wachiwit / Shutterstock.com As a result, I have upped my price target to $517 from $500, which I previously wrote about earlier

Biotechnology company Cassava Sciences (NASDAQ:SAVA) has only two primary product candidates, but they’re highly significant. SAVA stock holders, like all biotech-sector investors, should stay informed on all clinical developments as they’re likely to influence the share price. Source: Shutterstock Cassava Sciences shares are particularly sensitive to news-related events. That’s not a bad thing, though, as the

Right now, the electric vehicle (EV) industry is riding high on record delivery numbers and positive investor sentiment. True, the industry has suffered in the past few months due to the chip shortage, but it looks like the crunch is nearly over and EV manufacturers are ready to boom. After the IPO in August 2020,

There is absolute clarity on the point that global economic growth is gaining traction. And that means good things for the future of shipping stocks. The international Monetary Fund expects global economic growth at 6% for 2021 and 4.4% for 2022. For the current year, emerging economies are likely to grow at 6.7%. Performance of

From time to time, I find myself perplexed about an opinion I formed on a particular stock. And so I wonder what I was thinking in early June when I lumped The Trade Desk (NASDAQ:TTD) stock in with other bubble stocks? Source: Tada Images / Shutterstock.com In fairness, TTD stock is up 166% since January 2020 making it a pandemic

As we continue to navigate another wild year, one sector that continues to thrive are electric vehicles (EVs). That said, this space shows no signs of slowing down — and that provides a solid outlook for battery stocks. Deloitte estimates suggest that the EV industry will grow at a CAGR of 29% through 2030. That

Richard Branson and a crew of three others grazed the edge of space earlier this month, achieving a dream 17 years in the making. It was time to rejoice. Virgin Galactic’s (NYSE:SPCE) first launch into space was impressive. SPCE stock also gained handsomely in the runup to the event. Source: Tun Pichitanon / Shutterstock.com But

Penn National Gaming (NASDAQ:PENN) produced excellent results for the first quarter, showing that the casino gaming company is now producing free cash flow (FCF). As a result, PENN stock is likely to move significantly higher once the market sees it generate large amounts of cash. Source: Casimiro PT / Shutterstock.com Penn National Gaming has 42

Owning Cloudflare (NYSE:NET) stock is life on the bleeding edge of technology, security and fast content delivery. It’s exciting. It can be wildly profitable, but it’s also an area subject to wild swings of sentiment. Source: Sundry Photography / Shutterstock.com Cloudflare runs reverse proxy servers to assure clients their Web traffic is safe. How fraught

Li Auto (NASDAQ:LI) saw a month of incredible delivery numbers in June, and its future is only looking brighter. The Chinese electric vehicle (EV) market is firing on all cylinders. Sales are expected to grow by more than 50% this year according to a report from Canalys. It is estimated that 1.9 million EVs will

In case you didn’t get the memo, solid-state electric-vehicle (EV) battery maker QuantumScape (NYSE:QS) is set to release its second-quarter financial results after the market closes on July 27. So this begs the question of whether it makes sense to hold QS stock now. Source: Michael Vi / Shutterstock.com After the company’s bruising first-quarter loss, it’s

Cleveland-Cliffs (NYSE:CLF) reported strong second-quarter results on July 22, while the valuation of CLF stock remains extremely low. Also importantly, the macroeconomic and geopolitical pictures are upbeat overall for the steelmaker. Source: Pavel Kapysh / Shutterstock.com Given these points, I recommend that longer-term value investors buy CLF stock. The company saw its stock price rise