Stocks To Buy

Retailers with an online presence have held up well amidst the shift to online buying in 2020. Those without such a plan have had to scramble for one, but those who were already an online-only presence have done even better. That’s partially because online-only retailers don’t have to have a network of physical stores to sell their products. It can concentrate workers into warehouses rather than have to deal with both warehouses and stores. So it’s no surprise that some analysts see ...
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It’s been a tough year for retailers, as pandemic shutdowns have kept down physical, in-store traffic. While many have shifted online, a few retailers have struggled. However, with a growing overseas presence, a strong e-commerce platform, and an increasing range of products, one company already looks like a standout. That’s why shares just got an upgrade from Bank of America even after the stock has had a great run this year. The company?Lululemon Athletica (LULU). Shares are up a staggering 71 percent ...
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Every sector has its winners and losers. Amidst a rapidly changing economic landscape, even the fast-food companies haven’t been immune. But some companies have fared well, even grabbing market share during this tumultuous time. Companies in the quick-service space that have seen an increase in traffic have done so with innovative marketing and by adding new menu items, rather than removing and scaling back right now. That’s the view of the fast-food analyst at Stifel, who sees the biggest beneficiary of this ...
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Energy stocks have been poor performers this year. While oil prices have recovered from their short-term, fear-driven move into negative territory earlier in the year, the price of crude is still low. Even worse, energy stocks are down 50-60 percent or more year-to-date as low prices and demand, to say nothing of new technologies, continue to threaten the industry. That makes a new M&A announcement in the space welcome news… and a potential trading opportunity as well. The proposed merger is between ...
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Railroad stocks are looking undervalued as traffic is holding up well. In fact, the latest measures are showing that rail volumes are back to pre-pandemic levels. Railroads ship goods all over the country, including consumer goods from ports, as well as commodities from farm states, making them an interesting hybrid play on all levels of the economy. With rail volume holding up so well, it’s a sign that the economy continues to recover. That’s what led Benchmark’s logistics analyst to upgrade shares ...
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Bank stocks can either be a great investment or a terrible one, depending on the timing. With the economy struggling to recover, banks aren’t the most obvious candidate for a rally. Yet many investors are gravitating towards them as investment opportunities now. Part of that may be the relative valuation of the banks, as they haven’t had the strong rallies of the tech sector. Another part is that, while interest rates may weigh on profitability, the banks will still profit. One such ...
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Activist investors can often point to undervalued companies that need to make a few major changes in order to unlock tremendous value. That’s why the recent purchase by activist investor Nelson Peltz is attracting attention. The latest undervalued find is a company in the media space that also has some legacy operations. Any transformation there that improves profitability could score a huge win for shareholders. The company?Comcast (CMCSA). Owner of a cable network, over the past decade the company has transformed with ...
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With the price of Bitcoin still hovering around $10,000, investors and traders alike are increasingly interested in the space. So are cryptocurrency miners, who are still able to eke out a modest profit every day right now. But new graphics processing chips are allowing that profitability to improve. And two competing firms looks like the best place for investors to take advantage of this ongoing trend. The two big players?Nvidia (NVDA) andAdvanced Micro Devices (AMD). Currently, AMD’s top of the line processing ...
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