This Down-and-Out Asset Looks Oversold—Here’s How to Play It Higher

Investing is often about reverting to the mean. After one asset soars higher, another is likely out of favor. That will generally change as traders book profits in one area and look for a new trend underway. A quiet trend has been going on with gold. Prices fell under $1,700 in early March, and have started to show some strength again. As investors look to alternatives to gold such as Bitcoin, the metal has gotten oversold, but is starting to move ...
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This Pandemic-Era Trend Is Continuing Strong in 2021

While the pandemic caused a shift to working from home and made companies like Zoom Communications (ZM) a household name, other trends played out as well. Spending more time in the home, consumers started spending more on home goods. That’s a trend that looks likely to continue as the economy recovers and incomes rise. For those on the higher-end of the economic scale who were relatively unaffected, it bodes very well for high-end furnishing companies. One big player? Williams-Sonoma (WSM). The company ...
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Here’s What to Do as Apple Rallies on the iCar Rumor

Apple (AAPL) is one of the greatest performing stocks of all time. However, the company has often shifted between rapid innovations of new products and spending years without any significant new products. The past few years have seen few new developments, as the company has focused on annual upgrades to existing technologies. However, that hasn’t stopped rumors from starting about various new products. The latest rumor? An Apple-branded car. The company hasn’t said anything about such a product yet, but that hasn’t ...
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Slight Sales Miss Signals a Long-Term Buy for this Stealth Tech Play

The past few years has seen an explosion of interest in software, security, and the rise of high-tech vehicles. A number of new and existing companies have been working to develop solutions for these spaces. One surprising name is BlackBerry (BB). The former smartphone company has pivoted to security and automotive software, looking to create secure connections. The turnaround has been gradual, but it does look like it’s happening. Nevertheless, shares have suffered as the company reported $215 million in earnings against ...
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This “Pandemic Trade” Still Has Upside Potential On a Recovery

Last year’s pandemic lockdowns created a number of shifting trends in retail. One of them involved purchasing fewer apparel items for a business market, and more leisure and athletic wear. With the pandemic ending, traders are starting to look elsewhere. But a few companies in the space may still thrive. One potential continued winner is Lululemon (LULU). With fashion trends still supporting casualwear, the firm may still be a winner. That’s why the company also received an upgrade ahead of its latest ...
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Disruptive Technologies Likely to Move Past Today’s Choppy Markets

Tech stocks spent the first six weeks of the year posting strong gains, then promptly gave them up in the next six weeks. Now, with tech trading around breakeven for the year, many are wondering on the market’s next move. Not Cathie Wood. The found of ARK Investment, she’s interested in investing in disruptive tech, particularly when it’s out of favor. That included investments in Bitcoin and Tesla Motors (TSLA) at a time when those trades faced market derision. The recent selloff ...
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Rising Dividend Payout Shows This Hot Sector Isn’t Overheated Yet

Thanks to lower interest rates and a demand for housing outside of dense urban areas, homebuilders have been a top-performing sector. Most companies in the space have trounced the market in the past year, and have been reporting incredible earnings and sales numbers. KB Home (KBH) is one such play. However, last week shares dropped on lower-than-expected sales. With the strong trends in place, however, analysts have been quick to upgrade shares of the homebuilding company. Besides trading at less than 9 ...
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This Subset of the Tech Space Continues to Point to Higher Profits

Software companies can offer tremendous profit potential to investors, even with recent stock market volatility. But elsewhere in the tech space, a few other niches also offer big profits now—and companies are growing hand over fist. One such area is with cybersecurity. The combination of security and software is a particularly potent space, and looks like an attractive space to buy in as tech stocks remain out of favor. It’s no surprise that a number of the big names in the space ...
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