There will come a day where the novel coronavirus pandemic no longer exists. Eventually, vaccines, treatments and other containment measures will work. Knowing that, where should your money go? What are the best stocks to buy right now? You could stay with what worked during the pandemic. There have been changes to lifestyles and workstyles that
Stocks to buy
Nasdaq stocks have performed well this year. The Nasdaq Composite has risen nearly 25% year-to-date. Investors should not be surprised given that the index is tech and internet heavy. Investors tend to hear about the outliers among the group, which perform extremely well or extremely poorly. Yet, these stories often represent a small sample of
The countdown to the election is ramping up the anxiety levels on Main Street, and therefore, Wall Street is worried. Stock prices have rallied so far that investors have a lot on the line and it’s a matter of math. Depending on who wins the Presidential Election there could be drastic changes in corporate and
With the pedal to the metal, electric vehicle stocks show no signs of slowing. In fact, most could see far more upside including Tesla (NASDAQ:TSLA), Nio (NYSE:NIO), and most notably, Workhorse Group (NASDAQ:WKHS) and WKHS stock. Source: Photo from WorkHorse.com The last time I weighed in on the stock, I said, “While the shares won’t explode
Apple’s (NASDAQ:AAPL) iPhone event on Oct. 13 has made many investors more interested in the shares of companies that are involved in the 5G space. One such name is Nokia stock. Source: RistoH / Shutterstock.com Recent research by Nokia and Nokia Bell Labs determined that “5G-enabled industries have the potential to add $8 trillion to
The utility sector comprises companies that provide essential products and services, including water, electricity, natural gas, sewage, and other services. The sustained demand for these services has helped utility stocks generate stable earnings. Due to the reliability of earnings, these companies can effectively payout dividends at significantly higher average yields. Hence, the unmatched combination of
As U.S. equity markets trade near all-time highs, coming back from their March lows, several sectors have been left behind, notably banking and energy. I believe that oil stocks are poised for a rally in the coming quarters. Last month, Fitch Ratings forecast that global GDP will fall by 4.4% in FY 2020, which implied
For years, Under Armour (NYSE:UAA) has been an eyesore in the otherwise burgeoning athletic apparel market, and Under Armour stock has paid the price. Over the past five years — while Nike (NYSE:NKE) stock has risen 100%, Adidas (OTCMKTS:ADDYY) stock has risen 300% and Lululemon (NASDAQ:LULU) stock has risen 600% — Under Amour has lost
On Tuesday, Netflix (NASDAQ:NFLX) reported its third-quarter earnings. The streaming giant fell short on new subscriber targets after blowing past expectations in the first two quarters of the year. Netflix stock is down in after-hours trading, continuing a slide that began a week ago. Last Tuesday, NFLX closed at $554.09, marking the point where it
Let’s cut straight to the chase. GrowGeneration (NASDAQ:GRWG) stock could be one of the best stocks to buy right now for huge gains in November and December. The logic is pretty simple. Pollsters and betting markets are saying that Joe Biden has a strong chance of winning the 2020 U.S. Presidential Election. His running mate,
There’s a strong long-term case for hydrogen stocks at the moment. Alternative fuels are starting to see higher adoption and the runway for growth seems long. After all, the world still essentially runs on oil. Yet many believe it shouldn’t. The environmental impact of producing, transporting, and burning oil and its derivatives is significant. Consumers,
Since the early days of the pandemic, the energy sector, which is a crucial part of our economy, has come under significant pressures. As a result, most energy stocks have hit multi-year lows. Although some of them have recovered, not all are out of the woods yet. Meanwhile, there is increased investor appetite for shares
Apple (NASDAQ:AAPL) launched four new iPhone 5G models, but the needle didn’t really move much as a result of the event. The fact is AAPL stock is probably overvalued at the present time. The stock may have to “grow” into its earnings for a while before there is much upside. Source: Hadrian / Shutterstock.com The
On Oct. 6, General Electric (NYSE:GE) stock dipped 5% after the company revealed the U.S. Securities and Exchange Commission (SEC) had issued it a Wells notice. Soon, the gross overreaction to this proved to be an ideal entry point — shares have since recovered over 10%. And it’s still not too late to jump into
In late September, a U.S. House vote to remove marijuana from the federal Controlled Substances Act was delayed until after the presidential election. If the House remains controlled by Democrats, industry analysts expect the Marijuana Opportunity Reinvestment and Expungement (MORE) Act to potentially pass before the end of 2020. Then, it would be up to
Throughout 2020, Bed Bath & Beyond (NASDAQ:BBBY) stock has been one of the market’s best turnaround stories, with its shares surging more than 600% off their coronavirus-induced March lows. Source: Shutterstock That’s partly because consumer spending has risen since then and partly because Bed Bath & Beyond’s management is doing everything right to turn this
Small cars have never sold well in the United States. ElectraMeccanica (NASDAQ:SOLO) – an electric vehicle pioneer that is on the cusp of bringing a purpose-built, single-seat, three-wheel electric car (dubbed Solo) to market in late 2020 – hopes to change this reality and sell a bunch of “tricycle” EVs over the next few years. If
Amazon (NASDAQ:AMZN) stock is a no-brainer buy. Source: Sundry Photography / Shutterstock.com Back in November 2019, I was amazed that at $1,752, AMZN stock still was “cheap.” At the moment, the stock is up to $3,340 and could easily hit $4,000 a share by 2021. For one, it’s Amazon.com. Nothing can stop its sales growth. Two,
The market has been on a raging rebound since late March. A lot of stocks have seen tremendous returns, but it’s challenging to jump on a moving train. But worry not, because there are some great stocks that have benefited from quarantine trends but are also rising on their own merits — well managed and
Most investors typically value precious metals as safe havens in times of an economic downturn. Due to the novel coronavirus-led market slowdown, several investors have turned to precious metals in protecting their investments. For example, gold prices have risen over 27% in the past year compared to 19% growth in the S&P 500 index. However,
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