Stocks to buy

A pharmaceutical play, Novavax (NASDAQ:NVAX) has been on the move. In fact, NVAX stock has risen nearly three times higher since November of last year. Source: Ascannio/Shutterstock.com This leap is primarily due to the company’s Covid-19 vaccine inching closer to commercial release. However, despite the price appreciation, I believe there is still plenty of upside
0 Comments
The Nasdaq 100 Index has more than doubled from its pandemic lows in the past year. It includes the top 100 non-financial companies listed on the Nasdaq exchange with the largest market capitalization. With such a strong performance, Nasdaq 100 stocks can be a powerful addition to a portfolio. A large number of investors are
0 Comments
Backed by billionaire Bill Ackman, Pershing Square Tontine (NYSE:PSTH) may have been one of the hottest special purpose acquisition companies (SPACs) earlier this year. However, after what played out last month, that’s certainly no longer the case. As fellow InvestorPlace contributor Ian Bezek recently wrote, this name’s deal to purchase a stake in Universal Music
0 Comments
Luminar (NASDAQ:LAZR) has fallen on tough times as of late, but LAZR stock will be shining in the lidar spotlight soon enough. Source: JHVEPhoto/shutterstock.com Luminar’s weakness in the near-term price action doesn’t make a whole lot of sense. For one, the near-term fundamental trends underlying the self-driving company are as strong as ever, making this
0 Comments
Rejection can be painful, especially if you’re a longtime investor in Canadian cannabis company Sundial Growers (NASDAQ:SNDL). Time and again, SNDL stock has flirted with the key $1 level, but gravity keeps pulling it back down. Source: Postmodern Studio / Shutterstock.com I’ll admit, I recommended a patient stance on Sundial Growers in July, and my timing wasn’t perfect.
0 Comments
Canadian-based software company Sphere 3D (NASDAQ:ANY) is known for a range of tech-centered services, including “containerization, virtualization, and data management solutions via hybrid cloud, cloud and on-premise implementations.” Yet, there’s another angle to ANY stock which you might not have considered. Source: Shutterstock There are a number of different ways to trade the Bitcoin (CCC:BTC-USD) revolution. You
0 Comments
Backed against the wall by the rise of Taiwan Semiconductor (NYSE:TSM), Intel (NASDAQ:INTC) is putting all its financial chips (and more) on the line, which has big implications for INTC stock. Source: dennizn / Shutterstock.com CEO Pat Gelsinger has promised to bring half the semiconductor industry to the U.S. and Europe if governments cooperate. China’s
0 Comments
While some investors like to manage their portfolios actively, others prefer to buy stocks under $100 for the long term. This means holding onto shares for as long as thirty years, or even forever. However, you can’t hold just any stock indefinitely. Plenty of companies seem like a great bet one year, only to plummet
0 Comments
Roku’s (NASDAQ:ROKU) growth outlook remains extremely strong. And that means the recent, unwarranted downturn of ROKU stock has created a great buying opportunity for longer-term investors. Source: Michael Vi / Shutterstock.com Over the last month, the shares have given back 13%. The downturn appears to have been driven by Roku’s weaker-than-expected Q2 user metrics. A
0 Comments
After fuboTV (NYSE:FUBO) reported second-quarter earnings this month, I wrote in this space that I continued to have high hopes for FUBO stock. Source: monticello / Shutterstock.com The New York-based streaming television service was coming off an excellent earnings report, but I was more impressed with the company’s plan to grow its sportsbook offerings. “The
0 Comments
Prior to the meme-trading phenomenon, I supported the contrarian bullish case for cineplex operator AMC Entertainment (NYSE:AMC). In the many years leading up to the Covid-19 pandemic, streaming companies like Netflix (NASDAQ:NFLX) had been siphoning market share from the box office. Naturally, this dynamic put intense pressure on AMC stock. Source: QualityHD / Shutterstock.com Nevertheless,
0 Comments
Coinbase (NASDAQ:COIN) stock enjoys the first-mover advantage with cryptocurrency and has taken crypto mainstream with its user-friendly investment platform. Source: Primakov / Shutterstock.com Bitcoin (CCC:BTC-USD) has attracted massive interest and investment over the last few months. Investors have high hopes on Bitcoin’s price movement, which has driven BTC higher and it has worked in favor
0 Comments
With a bipartisan infrastructure bill and a $3.5 trillion budget resolution making their way through Congress and looking poised to pass, I believe investors are greatly underestimating the extent to which these pieces of legislation will help General Electric (NYSE:GE) and GE stock. Source: Sundry Photography / Shutterstock.com GE operates through four industrial segments — Power,
0 Comments
Novavax (NASDAQ:NVAX) stock could trade in the $100 billion market capitalization range like BioNTech (NASDAQ:BNTX) or Moderna (NASDAQ:MRNA). Except, unlike those companies, Novavax has not yet delivered. Source: Ascannio/Shutterstock.com It might be among the most-watched firms that did not yet bring a Covid-19 vaccine to market. Chances are low that it will slump like Altimmune
0 Comments
Oil prices pushed past $70 for the first time in a month in late-day trading Thursday. The rally is breathing new life into the energy sector, which is up 2.5% at this writing. For the past quarter, energy stocks have been lagging the broader market, so shareholders are cheering the newfound strength. To celebrate the
0 Comments
A leader in the online sports gambling industry, DraftKings (NASDAQ:DKNG) is expanding its presence across the States and is expected to benefit from the upcoming football season. The company is making well-timed moves to build new offerings and achieve growth. It has successfully partnered with some of the top sports companies to offer a unique experience
0 Comments
After Digital Turbine (NASDAQ:APPS) posted its fiscal first-quarter results, investors appeared to be disappointed by its earnings. APPS stock fell after the earnings report, despite providing good fiscal Q2 guidance. Indeed, the mobile advertising platform firm has multiple catalysts ahead that will sustain the company’s growth. Source: Apple.com The Street is shortsighted as usual and
0 Comments
Broader markets have been celebrating new record highs regularly over the summer. Year-to-date (YTD), the Dow Jones Industrial Average (DJIA), the S&P 500 index, and the Nasdaq 100 index are up about 15.6%, 20.5%, and 18.2% respectively. Meanwhile, analysts debate whether valuation levels for many stocks are overextended at this point. Nonetheless, there are several catalysts that
0 Comments