Nokia (NYSE:NOK) is implementing new technologies and adding new partners that should improve its 5G offerings. These moves leave Nokia stock better positioned to benefit from the new mobile technology. Source: RistoH / Shutterstock.com Meanwhile, there are signs that Nokia stock is being meaningfully helped by the stay-at-home trend. The company recently entered a new,
Stocks to buy
Virgin Galactic (NYSE:SPCE) has been on fire as a number of catalysts have come to life. This has created liftoff in the share price, with SPCE stock surging more than 60% over a span of just a few weeks. Source: Christopher Penler / Shutterstock.com It’s got investors wondering whether this name can continue its ascent
Cloud-based tech firm Fastly (NYSE:FSLY) is one of the hottest names on Wall Street in 2020, zooming from $10.63 in March to more than $100 recently. FSLY stock has made a lot of investors happy as of late. Source: Pavel Kapysh / Shutterstock.com But some bears think the run in Fastly stock is nearing an
Back on April 6, I wrote about how Alibaba (NYSE:BABA) stock would be a winner in the Covid-19 era. In the three-plus months since that column was published, Alibaba stock is up over 20% and recently made new all-time highs. Source: BigTunaOnline / Shutterstock.com It’s always scary buying a stock near all-time highs. However, I
For young FIRE investors, retirement isn’t an age. It’s a number. And it’s a number which they believe they can get to rather quickly. Much more quickly than their parents did. FIRE — which stands for Financial Independence, Retire Early — is a modern, Millennial-driven movement creating a blueprint for young workers to follow so
Prior to the renaissance of online-sports gambling, Penn National Gaming (NASDAQ:PENN) was primarily known as an owner and operator of regional casino properties. That was a highly profitable venture until the novel coronavirus kept gamblers away from crowded casinos, which in turn put pressure on the price of PENN stock. Source: Casimiro PT / Shutterstock.com
Legacy technology giant International Business Machines (NYSE:IBM) reported second-quarter earnings in late July which excited Wall Street and charged up IBM stock for one very simple reason: The numbers show early signs that the long-overdue cloud-powered turnaround at IBM is finally emerging. Source: JHVEPhoto / Shutterstock.com Specifically, IBM reported 34% adjusted revenue growth in its
Fashion retail stocks have been beaten up in 2020 amid a plunge in consumer spending thanks to the novel coronavirus pandemic. But one fashion retail stock which looks like a strong buy amid recent weakness is Revolve (NASDAQ:RVLV) stock. Indeed, I think that RVLV stock could double over the next six months. Source: Shutterstock This is
The buzz around the Robinhood traders has reached extreme levels. The mainstream business media can’t get enough of it, and the more they cover it, the hotter it burns. Investing in Robinhood stocks seems foolproof in today’s market, which is alarming to the finance experts. Even high-profile personalities are getting in on the action —
In the cloud investors are always chasing the next shiny object. A niche that seems earth-shaking when it opens will, once it’s mined, seem prosaic and staid. That’s the story of Workday (NASDAQ:WDAY) and WDAY stock. Source: Sundry Photography / Shutterstock.com The company has proven the value of its niche, human resource databases in the
Nikola (NASDAQ:NKLA) made headlines in early June when the next-generation truck maker — often dubbed the Tesla (NASDAQ:TSLA) of trucks — debuted on Wall Street following a reverse merger with special purpose acquisition company VectoIQ. Within days, Nikola stock took off like a rocket ship. It went from $30 to $90 in less than a week, as
It’s safe to say Wells Fargo (NYSE:WFC) isn’t doing too hot. Even for a money-center bank, which have been hit hard by recent events. Bank stocks have fallen massively since the start of 2020. But, Wells Fargo stock may have been the hardest hit compared to its big bank rivals. Source: Ken Wolter / Shutterstock.com
Technology firms have fiscally outperformed many other companies during the novel coronavirus pandemic. Advanced Micro Devices (NASDAQ:AMD) is an excellent example of a tech company that has thrived in challenging circumstances, and the price action in AMD stock reflects this. Source: Joseph GTK / Shutterstock.com That being said, it should also be noted that AMD
Shares of technology giant Amazon (NASDAQ:AMZN) have been red-hot all year long. Until recently. Broader weakness in tech stocks, coupled with macroeconomic concerns of a resurgence of Covid-19 cases nationwide, has led to AMZN stock sliding for five straight days and dropping into correction territory for the first time since March. Source: Julie Clopper /
HelloWoofy.com operates the Woofy platform, which helps better manage social media experiences. The company also has launched a crowdfunding campaign on Republic. The minimum to invest in HelloWoofy.com is $100. Source: Shutterstock The founder and CEO Arjun Rai launched the business in late 2016. He got the idea for HelloWoofy.com from his experiences with other
I’ve been writing plenty of stories about how the valuation of Tesla (NASDAQ:TSLA) stock has become completely detached from reality. But no matter how big the Tesla bubble gets, Tesla is still a minor player in the global auto market compared to legacy automaker investments like General Motors (NYSE:GM).Yet Tesla is getting all the attention,
Investors purchasing vaping stocks now in order to secure big gains later are in a precarious position. The market for vape products is full of potential and windfalls are clearly there for the taking. However, the vaping market is squarely in the crosshairs of regulatory bodies and under intense scrutiny. Investors are acutely aware that
What once was the joke of the major auto manufacturer is now the monster on Wall Street. Tesla (NASDAQ:TSLA) was the target of the comedy among the experts, and now the company market capitalization is more than four times that of Ford (NYSE:F) and General Motors (NYSE:GM) combined. F stock specifically has been pitiful, but
Chinese premium electric vehicle maker NIO (NYSE:NIO) has taken off like a rocket ship in 2020, with NIO stock surging nearly 600% from a low of ~$2.40 in March, to a high of ~$16.40 in July. Because I was bullish on NIO stock down at the lows, many investors have asked me: what’s the next
Bank of America (NYSE:BAC) reported second quarter earnings in mid-July that largely failed to impress. While the bank beat on the top and bottom lines, revenues fell 3% year-over-year, the efficiency ratio rose 3 points, pre-provision profits fell 9%, net interest income dropped 11% and net profits plunged more than 50% as the bank built
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