Stocks To Buy

Five years ago, no US company had a market valuation over $1 trillion. Today, five carry that distinction, and two of them have a market cap over $2 trillion at the moment. That’s a large amount of growth over a relatively short period of time. But it’s possible that these industry-leading tech firms could continue to increase even further in the years ahead.Apple (AAPL), the largest company by market cap, has become the dominator for consumer-friendly tech. And it’s nearing a ...
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2021 is coming to an end, and for traders, it will mostly be remembered as a year when retail traders jumped into rising stocks, fueling even further gains. The original “meme stock” trade is that of retail game companyGameStop (GME). Some see the company as a struggling dinosaur, especially after the company reported its most recent earnings. However, a read beyond the headline earnings numbers suggest that the company, which is still up substantially this year, has further upside. The company has ...
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The holiday season is underway, and already travel numbers are closing in on their 2019 record levels. While they likely won’t exceed that prior peak for 2021, 2022 could be a big winner. And companies in the transportation sector are set to continue to benefit. That’s being seen in the bottom line of companies as well, with many increasing their estimates for how they’ll perform financially this year. While rising fuel costs are a yellow flag, improving travel numbers bode well for ...
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The concept of the metaverse has been around for a while. However, the past few months have seen a few big names starting to shift into the space. There’s plenty of room for many companies to work in the space, whether in providing hardware, software, or ancillary services such as currencies. But one company that’s already dominating in one industry is looking to do the same in this new digital world. That company isMeta Platforms (FB), which was recently renamed from its ...
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Retail is a tough business, with low profit margins and cranky customers who expect a lot for the least amount of money. With the rise of a new Covid variant and high inflation rates, the space may not seem like the most attractive going into what’s usually the best few weeks of the year for retail companies. Fortunately, there are a number of safe-haven plays in the space, largely in big-box stores offering consistent and low prices for customers. With economic fears ...
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Markets don’t just react to events, they over-react. That means that a stock in an uptrend may head far higher than expected in a rally. Or a stock that’s selling off may get too oversold as stop losses keep getting hit, setting off new waves of selling. Earnings season can sometimes cause some larger-than-expected moves in a stock if there’s a miss on either earnings or forward outlook. The latest example isDocuSign (DOCU). Shares dropped 42 percent in trading on Friday, after ...
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Market sentiment has shifted from bullish to mixed in the past week with the rise of the Omicron variant, inflation fears, and how the Fed might be acting too little, too late. However, even with those fears, some trends are still continuing no matter what short-term fears pop up. One of those trends is the growth of microchips in a variety of technologies. Rising uses still means a shortage now, but companies are rising to the occasion. Case in point?Marvell Technology (MRVL) ...
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One of the top performing spaces to be in during the pandemic was in video conferencing services, withZoom Communications (ZM) being a clear winner. However, other companies offer services, including free services, that could provide a better offering for users amid the latest variant. One company getting into the space has a history of dominating in the top positions of every tech category it gets into. That company isMicrosoft (MSFT), and its Team program has already been a strong player. Now, the ...
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