Stocks To Buy

Even before the pandemic, sales of video games were topping box office receipts. And with a world loaded with small indie studios to developers producing popular titles, video games are a growing source of revenue for the entertainment sector. That’s a trend likely to continue, thanks to the latest generation consoles and an endless stream of new games in production. The strong cash flows from creating video games has made for a massively profitable niche in the entertainment sector with room ...
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The pandemic’s effect on the economy can be measured in many ways. One simple way to track its effects is by looking at the level of global commerce. A number of companies can provide a one-stop look at this information as they report earnings. That may be why shipping companies likeUPS (UPS) andFedEx (FDX) have been in rally mode the past few months. They reflect a hot economy. Both companies are also getting analyst upgrades ahead of their next earnings report. That ...
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The past few years has seen the rise of entirely new businesses online. Areas such as e-Sports are overtaking physical sports in terms of value and customer interest. That’s also true with sports gambling, which, thanks to some legal changes, is now widely available online. The big player in that space isDraftKings (DKNG). The company went public last year via a SPAC and was an early winner in that way of going public. Like many SPAC and post-SPAC companies, however, shares have ...
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With most of the tech space focused on the semiconductor shortage, a few areas are performing well in spite of the industry effects. One area? Memory. From solid state drives to flash drives, demand for storing more and larger amounts of data has remained constant. That’s great for companies that produce these products. And based on the latest earnings numbers, it’s clear that these companies are in an uptrend. For instance,Western Digital (WDC) just reported better-than-expected financial results. While revenue was down ...
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For most companies, share buybacks sound attractive. They can offset shares issued to executives. And as long as the market is rising, things look good. Most companies aren’tApple (AAPL). The consumer tech giant just beat earnings and raised its share buyback program to a staggering $90 billion. That’s on top of a dividend payout as well, increasing the amount of cash the company returns to shareholders every year. The $90 bullion share buyback is pretty close to the $89.6 billion the company ...
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Earnings season makes for some rich trades. While many traders expected shares ofMicrosoft (MSFT) to rally to a $2 trillion valuation after earnings, the company instead surprised with a drop instead. The company saw revenue up 19 percent compared to a year ago, its highest level. And the company beat analyst expectations. But revenues from the company’s Azure division, where it does its cloud services, seemed a little light to shareholders. The end result is that, in spite of great earnings, shares ...
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There’s always a lot to read on a company’s earnings report.Tesla Motors (TSLA) fared well with a strong earnings and sales beat. And the company disclosed that it sold some of its Bitcoin position at a profit, making over $110 million there—or more than it’s made from selling cars in its existence. Yet even with strong earnings numbers and a solid return on cryptocurrency trading, shares sagged a bit. Looking out over the longer term, shares appear to be setting up for ...
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What do you get when a stock beats on its quarterly earnings numbers and when it raises guidance? Typically, you get a rally. But not always. If you get a selloff when that happens, the numbers suggest such a selloff may be temporary. That could be the case withHoneywell International (HON). The industrial giant has been positioning itself for faster growth and embracing better technology. That allowed it to post better-than-expected earnings on Friday, and raise the full-year 2021 outlook. Yet shares ...
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