Stocks To Buy

A number of payments companies have started embracing cryptocurrencies in the past year, starting with Bitcoin. Some of those companies have struggled in recent weeks as the rapid moves in the cryptocurrency have had large swings in how these companies are valued. However,PayPal (PYPL) has held up more strongly than other names. That’s even as the company, along with its other division Venmo, has moved to increase its cryptocurrency trading abilities for customers in the past few months. However, right now, the ...
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Graphics processing unit makerNvidia (NVDA) announced plans to make a 4-for-1 share split on Friday. That gave shares of the company a quick boost, as it marks the first share split in 14 years for the firm. While the lower share price doesn’t change the company’s market cap, it does make trading easier, particularly for retail investors. It’s fairly common to see companies split shares as they continue a long-term rally. While Nvidia’s conventional valuation is a big high right now, shares ...
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The past few months have been tough for many stocks. Even with markets near all-time highs, a number of individual sectors and companies have been hit hard. One company sliding in recent weeks has beenChipotle Mexican Grill (CMG). Shares are now back to six-month lows, and have now underperformed the S&P 500 over the past year. But shares have recently gotten into oversold territory, and look set to make a move higher. Analysts are starting to notice the pattern in shares too, ...
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Companies solving problems related to remote work trends fared well at the start of the pandemic. While that’s ending, a few companies are likely to be able to continue carrying on their success. One such company isSalesforce (CRM). The company was recently given an upgrade to an overweight rating, as shares are at a solid discount from their peak and the enterprise software company is likely to continue consolidating its market share. Shares have also started trending up again in recent sessions, ...
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When a company makes its initial public offering, it’s designed to go higher in the first few trading days. This creates a sense of momentum. And when that doesn’t happen? It’s even called a failed IPO.Coinbase (COIN) is the latest company to face a failed IPO. Of course, the company made a direct listing allowing insiders to cash out rather than raise money. But now, the company is looking to raise capital… by raising debt. Shares traded lower on the news ...
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AT&T (T) shares first rallied on Monday on news the company was splitting off its media assets. However, shares closed the day lower as traders saw what looked like a poor deal for the company. While that’s likely to weigh on shares, other media plays are starting to look more attractive as a result. That could lead to better returns, particularly for some of the more beaten-down names in the space. With AT&T moving from a 5 percent gain to a 1.4 ...
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Cryptocurrency mining has led to a large surge in demand for processing power. That’s been great for companies that manufacture those products. But some of today’s newer cryptocurrencies are using data storage in a larger way than in cryptos of the past. That’s created a surging demand for hard drives, and reversed a declining sales trend for hard drives that occurred over the past few years on concerns that everything would simply move to the cloud. In particular a new cryptocurrency, Chia, ...
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Many companies were able to quickly shift to changing consumer needs during the pandemic. For entertainment companies, the rise of streaming services from nearly every studio has proven a boon. That was the case withThe Walt Disney Company (DIS). Despite a record-long shutdown of many of its parks and cruise ships, a surge in streaming subscribers allowed shares to head to new highs. In fact, the trend was so strong the company hit its 5-year streaming subscriber goal in its first ...
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