[embedded content] In a sudden and sharp reversal that many were warning about for weeks, red-hot tech stocks fell off a cliff in September, with the tech-heavy Nasdaq index falling into correction territory over the course of roughly one week. Now where are all the good tech stocks to buy? While many out there are
Stocks to buy
If anyone had told you in January what this year would have in store, you would have worried about their mental condition. Now, we’re all worrying about our own. A crazy market. The terrible toll of the novel coronavirus. A brutal election campaign. Lockdowns. Huge unemployment. The race for a vaccine. And that’s just the
[embedded content] Workhorse (NASDAQ:WKHS) has been absolutely on fire in 2020, with WKHS stock skyrocketing 825% higher this year on the back of abundant investor optimism with respect to the company’s ability to disrupt the last-mile delivery market with a next-gen electric delivery van. Source: Photo from WorkHorse.com This optimism is not misplaced. All transportation
As awful as the novel coronavirus pandemic has been for our country, it did bring some positive outcomes. For instance, many people have used this forced downtime to reconnect with family and long-lost friends. For others, it was an opportunity to try new things, such as investing. Naturally, popular trading app Robinhood was one of
[embedded content] The likes of DraftKings (NASDAQ:DKNG), Virgin Galactic (NASDAQ:SPCE) and Nikola Motors (NASDAQ:NKLA) have had enormous success in using special purpose acquisition companies (or SPACs, for short) to go public in 2020. So it should be no surprise that companies of all sorts — such as Kensington Capital Acquisition (NYSE:SPAC) — are coming out
Oversold stocks are typically stocks that have recently traded lower in price and have built up the potential for a bounce. Of course, there’s no guarantee that a price drop will lead to a bounce. And even when there is one, this price bounce may not be immediate. Oversold stocks could decline even further before
Investors remain skeptical when it comes to cannabis stocks. And unsurprisingly, Canopy Growth (NYSE:CGC) hasn’t been immune. CGC stock has rallied from March lows, but it’s still down 25% year-to-date and near its lowest level in almost four months. Source: Shutterstock Let’s be honest: there are reasons for the trading frustration. The Canadian market in
When it comes to innovation, there are few companies that can compete with Apple (NASDAQ:AAPL). The tech giant’s ability to incorporate novel technology in its products has made the company’s stock one of the most popular investments on the market. AAPL stock currently makes up 6.7% of the S&P 500 which is a huge feat
[embedded content] Chewy (NASDAQ:CHWY) stock has been on fire in 2020, at one point rising as much as 140% year-to-date on the back of abundant investor optimism that the company is the midst of pioneering a future wherein we buy all of our pet food and toys online. Source: designs by Jack / Shutterstock.com This
It’s tough to look at Tesla (NASDAQ:TSLA) and not think that the stock is this generation’s Apple (NASDAQ:AAPL) or Amazon (NASDAQ:AMZN). At a market capitalization of $412 billion, it is the most valuable automaker in the world. Not Toyota (NYSE:TM), not General Motors (NYSE:GM), not Fiat Chrysler (NYSE:FCAU), but Tesla, a company that has yet
It’s no secret that airline stocks are still suffering tremendously from the crowd-phobia that the novel coronavirus created. United Airlines (NASDAQ:UAL) is down more than 55% this year and lagging 10% behind American (NYSE:AAL) and Delta (NYSE:DAL), and 50% behind Southwest Airlines (NYSE:LUV). Interestingly when markets fell hard on Thursday, UAL stock was the only
On Sept. 8, Slack (NYSE:WORK) reported its second-quarter results. Despite beating on top- and bottom-line estimates, Slack stock declined in the post-earnings trading session following the results. Source: Sundry Photography / Shutterstock.com Shares shed 13.9% that day and the dip was surprising for several reasons. Not only did the company report a solid result,
At this point, it’s difficult to find good coronavirus stocks to buy. After all, at this point the market has priced in both the direct and indirect effects of the pandemic. Biotech and pharmaceutical firms racing to develop a vaccine have seen their stock prices soar. “Work from home” beneficiaries like Zoom Video Communications (NASDAQ:ZM)
The biggest challenge for the restaurant industry right now is the novel coronavirus pandemic. And that has been an interesting situation for restaurant stocks. It limits indoor seating in most states, and not being able to fill the seats really hurts over time. And new research shows that restaurants remain one of the most significant
Last week, DraftKings (NASDAQ:DKNG) stock was trading well. Shares were climbing despite the overall market — and tech stocks specifically — taking a painful slide. Because of that strength last week, DraftKings stock was on a lot of investors’ radar coming into this week. Source: Lori Butcher / Shutterstock.com What many weren’t expecting, though, was
Investing in marijuana stocks is typically a double-edged sword. These companies have garnered investor interest for their long-term potential, but continue to post sizable net losses. Additionally, the sluggishness in the wider legalization process continues to hamper growth and access to finance. The index representing the industry The Alternative Harvest ETF (NYSEARCA:MJ) has shed 29% of
If you want to get in on the electric car boom with an affordable stock showing big growth, you’ll have to think outside the box. Or, more accurately, think about delivering the box: companies that focus on electric delivery vehicles like Workhouse Group (NASDAQ:WKHS). Even after gains of over 750% so far this year, WKHS
The e-commerce space is booming and while Chewy (NYSE:CHWY) had been performing well, shares are under pressure now. On Sept. 2, Chewy stock hit a high of $74.84. Seven trading sessions later, on Sept. 14, and the stock was down 29.2% after closing at $53. Source: designs by Jack / Shutterstock.com In my view, that
After a rough outing from the Labor Day-shortened week, this week is so far getting off to a better start. However, it’s difficult to know if the immediate but tepid bullishness can be trusted. With a pandemic still lingering, along with massive, unprecedented wildfires along the west coast, investors are rightfully on edge regarding which
The stock market in 2020 has been very stressful, to put it mildly. No one was expecting the year that we would have. We’ve seen precipitous drops followed by mind-boggling gains. And the following four ProShares exchange-traded funds happen to exemplify the strongest themes in the market with some of the best stocks to buy
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