Stocks to buy

Editor’s note: “9 Stocks to Buy This Month” was originally published July 9, 2020. It is updated monthly to reflect the current state of the markets and best stocks to buy for that month. With the presidential election just over two weeks away, the case for stocks to buy this month couldn’t be more tense.

“Penny stocks” was a term that you heard a lot in the old days. It meant cheap stocks that were literally selling for pennies — 5, 10, 15 cents a share, or even less! These were speculative companies that went public hoping investors would see their promise and put up capital to get a piece

Over the past two months — on the heels of an apocalyptic post-earnings wipeout — I’ve been saying time and time again that Alteryx (NASDAQ:AYX) isn’t just a great buy, but one of the best stocks to buy in the whole market for the fourth quarter of 2020! That’s based on the idea that management’s

Last year, SeedInvest, a large fintech operator that leverages blockchain technology and crypto assets, was acquired by Circle. Founded in 2012, the company has facilitated the funding of funded more than $200 million there are more than 300,000 investors. The minimum investments are usually over $1,000. “One of the pros of the platform is that

A lot of promising companies have burst onto Wall Street’s scene over the past few months via reverse mergers with special purpose acquisitions companies (SPACs), but few have made as flashy of a debut as electric trucking company Hyliion (NASDAQ:HYLN) stock, which went public through blank-check company Tortoise Acquisition Corp. Source: Shutterstock When this merger

Investors often think in terms of sectors — technology, energy, financials, etc. But perhaps they should be thinking in terms of industries instead. Pet stocks haven’t been hot for just a quarter or two, either.  This industry has been experiencing secular growth, helping drive sales higher and higher for a large number of companies. Many

When it comes to the burgeoning luxury EV market, Tesla (NASDAQ:TSLA) gets all the love on Wall Street — and reasonably so. Elon Musk and company pioneered the space, dominate the space and continue to make the market’s best and most desirable vehicles. But in this market traditionally dominated by Tesla, it’s time to start

As EV mania cools, is now the time to dive into Kensington Capital (NYSE:KCAC)? Reaching prices as high as $25.75 per share last month, Kensington Capital stock has sold off, and now changes hands around $14 per share. But this SPAC (blank-check company), which is acquiring privately-held QuantumScape, remains a solid play on the future

The old guard brick-and-mortar retail industry is under duress. In the first half of 2020, 18 retailers filed for Chapter 11 bankruptcy protection while the number of store closures hit another record. All the while, Walmart (NYSE:WMT) is thriving. WMT stock is up 18.55% year-to-date, topping the S&P Retail Select Industry Index by 300 basis

With the Las Vegas Strip continuing to rebound and MGM (NYSE:MGM) receiving a roughly $1 billion investment from IAC (NASDAQ:IAC), the outlook of MGM stock has improved. Source: Michael Neil Thomas / Shutterstock.com Additionally, following the widespread introduction of a successful vaccine for the novel coronavirus, MGM is set benefit from a huge amount of

If you only have a certain amount of money to invest, don’t be thrown off by high-priced stocks. Bear in mind, there’s a difference between high-priced and expensive. The former simply means the stock may trade at a three- or four-digit price, rather than a single- or double-digit price. Expensive stocks are those trading at

Amazon (NASDAQ:AMZN) is having its best year yet. The novel coronavirus pandemic led to an unprecedented surge in online shopping, which was a big win for the e-commerce giant. With Prime Day just around the corner, investors are hoping for some big gains in the coming weeks. AMZN stock is up 62% to date, and

Internet of Things stocks continue to see strong growth when it comes to market size. But from my observation, neither investors nor consumers have grasped just how large this market will become. Year by year, more and more devices are linking up. That’s creating a rich web of connected devices, meaning an explosion in data,

We are witnessing a new age of medicine with the increasing acceptance of people’s right to what goes inside their bodies. Over the past decade, several researches have come out supporting psychedelic-inspired medicines in treating conditions including addiction, depression, and ADHD. Hence, the “shroom boom” is here and is likely to propel psychedelic stocks as

Canopy Growth (NYSE:CGC) has been — to be frank — a disappointment to CGC stock holders for several years. Source: Shutterstock This company was supposed to turn into a titan of industry in the booming global cannabis market, with surging revenues, huge profits and a soaring stock price. But none of that has happened. Yet.

Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2020 contest. Neil George’s pick for the contest is Hercules Capital (NYSE:HTGC). Hercules Capital (NYSE:HTGC) has been my recommendation as part of the InvestorPlace Best Stocks for 2020 contest. And for the third quarter, the stock has returned 13.55% which has outpaced the S&P 500 by an

In 2020, the stock market crashed on fears that the Covid-19 pandemic was a “world-ender.” Then markets rebounded sharply as those fears proved overstated. Most stocks today trade at or near their pre-Covid levels. But not Alteryx (NASDAQ:AYX), as AYX stock has taken investors on a ride this year. Source: Shutterstock The data analytics provider

Nokia (NYSE:NOK) stock remains central to the plot in the 5G story globally. Though in some sense, Nokia is the laggard among the three main characters in this narrative, it could end up being the champion. And while the company has benefited from being America’s adopted horse in this race, it has some merit in

Plug Power (NASDAQ:PLUG) stock has been absolutely on fire in 2020, with shares rising more than 320% year-to-date as Wall Street has grown more bullish than ever on the hydrogen market and, more specifically, Plug Power’s ability to be a leader in this emerging clean energy category. Source: Shutterstock Wall Street’s bullishness hasn’t wavered in

By now, I’m sure at least some of you are getting quite tired hearing about special purpose acquisition companies, or SPACs. Seemingly every other market debut is a SPAC, essentially a backdoor way of doing an initial public offering. Nevertheless, Gores Metropoulos (NASDAQ:GMHI) stock has attracted much attention and for good reason. Source: Olivier Le