Stocks To Buy

Tech stocks have been a clear winner in the market, as they tend to be in most years. Looking to 2021, one major company in the semiconductor space looks poised to move higher. That’s because shares have sat out the most recent rally, instead trading in a tight range the past few months. Like a coiling spring, when a move happens, it could be huge. That’s why at least one trader sees a big move higher. The stock?Nvidia (NVDA). The semiconductor giant, ...
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For all the unexpected changes in 2020, a few sectors merely advanced goals that they thought would take years to complete. Major software companies shifted heavily towards work-from-home and other remote-work trends, allowing them to be top winners. That trend may not be over yet. The shift this year looks set to solidify next year. And many of the top-performing stocks in the space this year are likely to be big winners next year as well. Bank of America recently resumed coverage ...
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It’s no surprise that the restaurant space has had a challenging year. Most small, family-owned restaurants are at risk of bankruptcy, if they haven’t yet gone under. But even publicly-traded companies in the sector have struggled as well. For those chains with poor delivery and takeout options, it’s been a challenge. But companies that have quickly adapted to the times are likely to thrive. That’s why Stifel just upgraded shares of burrito chainChipotle (CMG). While only another $100 was added to the ...
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A company that’s successful will sometimes pivot to a new challenge. Sometimes, it may stay with its core focus. And at other times, it may rest on its laurels, allowing competitors to come in and find a better way to succeed in the sector. In that last case, an activist investor may step in to streamline operations, cut costs, and make the company competitive again. Such investments can often turn industry laggards into leaders. That could be the case withPublic Storage (PSA) ...
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Some companies have fared better than others this year. The restaurant space has been decimated, as sales have plummeted. But while that’s been hard-hitting for family-owned operations, large, publicly-traded firms have held up well. These are the companies that were already capable of providing their goods via pickup (such as drive-thru) and delivery options. So it’s no surprise that these restaurants have held up better, and will likely continue to do so. However, since the announcement of a Covid vaccine, a number ...
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It’s been an off year for apparel companies. With rising unemployment and work from home trends, a number of categories of sales have slumped. One analyst sees that changing. With companies increasingly moving staff back to the office, and with a vaccine in sight, a number of apparel companies look poised for a sales rebound in the coming year. That should lead to an attractive move higher. One such player isNike (NKE). Best known for shoes and sports apparel, sales haven’t been ...
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Income investors are a shy bunch. If a company looks like it’s not going to provide investors with the same (or a growing) level of income, they’ll leave. When that happens, a price drop occurs, sometimes creating a value opportunity. While investors may not want to stay in a company that’s cut their dividend, sometimes buying a company after it cuts its dividend makes sense. The lower price paid may offset a decline in yield. That looks to be the case withDominion ...
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While toys sell throughout the year, the holiday season tends to see the biggest volume of sales. That’s a boon to toy makers in general. So it’s no surprise that this sector is seeing a holiday upgrade, courtesy of analysts at Citigroup. But the analysis has one key trend this year. Toy making has gone beyond simply manufacturing physical products. It also involves being in the entertainment industry, integrating its toys with intellectual property and technologies to create a bigger experience. With ...
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