ESG Is Here to Stay—And Even Big Cap Companies Know It
Environmental, social, and governance issues, or ESG, has become a popular trend in investing. A great company can balance those needs while still providing sustainable long-term growth that rewards shareholders.
Even some bigger players have made major strides along the way, including those often considered a threat to the environment or social issues. One surprising play is a name we’ve seen before—and a stock that’s still an attractive buy today.
That company isWalmart (WMT). While it’s been derided on environmental grounds for ...
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A Relative Bargain in the Chip Space Ready to Soar
Technology companies continue to push the stock market higher. Finding a bargain, even a relative one, is a tough one. That’s especially true with the chipmakers, which are firing on all cylinders.
But for those companies that can provide both the hardware and software, higher profit margins are likely. That points to a possible bargain looking ahead. That’s also why it’s no surprise that Piper Sandler just upgraded one of the biggest names in the space.
The company isBroadcom (AVGO). Shares may ...
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Opportunities in Retail Remain as Ecommerce Sales Slow
Early sales numbers for the last quarter of 2020 are starting to come in. There’s some good news and some bad news. The good news is that sales are rising. The bad news? The rate of the rise is slowing down.
That’s understandable. Many major retailers were able to see sales rise thanks to increased ecommerce trends. As customers have completed that shift, the rate is starting to stabilize. However, there’s still some trading opportunities as a result.
Case in point:Costco (COST) ...
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Apple Shares Still Have the Midas Touch
Analysts are upgrading shares ofApple (AAPL) ahead of earnings. Shares of the tech play are still off the highs set back in September, but look set to continue higher.
While earnings day itself may play a wild card, so far, all the early indicators are for an earnings beat. The first hint is the company’s $1.8 billion in revenue on the App Store the week of Christmas, a record for the firm.
Second, the company’s production numbers on the iPhone 12 suggest ...
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An Oversold Play on a Beloved Tech Niche
Nothing moves in a straight line. For investors who make short-term bets on a company, this fact can produce large losses quickly. But for investors willing to play trends, waiting for a pullback on a stock in a long-term uptrend can prove worthwhile.
That’s especially the case when a short-term drop has no apparent rationale behind it. That can happen fairly often in the tech space, as investors look to lock in profits quickly.
That appears to be the case withQuantumScape (QS) ...
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This Pandemic Beneficiary Has Room to Move Higher
A number of companies were obvious beneficiaries from the pandemic. Work-from-home trends were the clear winners. But consumer spending changed in other ways as well.
For instance, spending on business apparel dropped and sales rose on more comfortable apparel (especially items that wouldn’t be seen during a Zoom meeting). But despite the rising trend of athletic and leisure ware, many of these names have seen strong growth but a relatively poor stock performance.
That seems to be the case withUnder Armour (UA) ...
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This Play on Travel and Small Business Set to Thrive in 2021
A number of companies focus on one product or service. Those concentrating in areas affected by travel bans and small businesses fared poorly in 2020. But with an end in sight, these underperforming names may thrive in the coming year.
That’s also true for companies that service these firms. One such name?American Express (AXP). The credit card company caters to a more affluent crowd, like those that travel and own small businesses.
It’s one of the few big-name financials to see shares ...
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Still Room for the Airlines to Fly Higher
Since the first Covid vaccine was announced in early November, airline stocks have beaten the overall stock market. That trend is likely to continue in 2021. Holiday travel trends showed an uptick, even as air travel levels were still 75 percent below 2019 levels.
With future gains in passengers likely, and with adequate government support, it’s likely that the sector will continue to surge higher as trends improve.
That bodes well for the space as a whole, although some names will fare ...
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