An Overlooked Tech Play Back in the Buy Block?

Tech stocks have performed exceptionally well in the past year. Pandemic-driven trends have pushed higher e-commerce, remote work, and other trends that play well to tech over other sectors. However, not all companies have gone along for the ride. A global chipmaker shortage has been an issue preventing physical technological products from being made. Another bottleneck? Networking infrastructure. But those trends are improving. One surprising winner here may be Cisco Systems (CSCO). The company saw a slow year in 2020 as other ...
Read More
|

E-Commerce Service Plays Show Investors Where to Expect Economic Growth

The past year has seen a surge of e-commerce growth. While most may think of the sales of goods normally bought in stores, a number of other services are also available online. Companies that cater to small businesses growing online have seen tremendous growth from the increased online sales of both goods and services. That’s a trend likely to continue, which could be a big winner for a number of firms in the year ahead, even after a stellar year. One such ...
Read More
|

A Defensive Play that Just Got Short Squeezed Is Back to Buying Territory

Many heavily shorted companies are done so due to their weakness to potential bankruptcy. However, sometimes a company gets a heavy short interest without any apparent weakness. That still makes shares susceptible to a squeeze. That may be what happened last week with shares of Tootsie Roll (TR). The confectionary firm saw its price soar to nearly $60 per share in intra-day trading, only to come back to its more recent price trend near $30. In hindsight, it’s easy to see why ...
Read More
|

Earnings Selloff Creates Opportunities in this Growing Entertainment Giant

Even before the pandemic, video games were a huge business. In 2019, video game sales exceeded box office sales globally. That trend continued even higher in 2020, thanks to lockdowns and a new generation of video game consoles. The big winners in the space are often the video game design companies. Largely dominated by a few big players who keep turning out franchise titles much like a big film studio, these companies tend to see steady and growing revenues. For instance, Electronic ...
Read More
|

This Player in a Major Digital Trend Just Attracted the Biggest Name in Tech

There are many ways to play the growing digitization of the economy. Traders are familiar with software companies, which can make money selling once or via monthly subscription models. Or hardware firms that create the tools needed to access it in the first place. But other trends in the digital age are out there. Ark Investments, one of the top tech investment funds, has been around for years. Its performance last year, however, has led to many close followers. Recently, one of ...
Read More
|

This Finance Play May be the Biggest Beneficiary of Crypto and Retail Investing Trends

Robinhood traders are livid at the platform’s decision to cut off trading in popular trades over the past week. They’re looking to take their money elsewhere, which could quickly undo the million new accounts that were created in the last month. If that’s the case, there are only a few other brokerage firms that will allow full trading right now in every stock out there. But traders are also looking to get out of the system by buying cryptocurrency. That narrows the ...
Read More
|

This Industrial Play Looks Attractive Following Earnings

The overall stock market dropped last week amidst a deluge of corporate earnings. Among a sold-off name is an industrial giant that has been making some modern pivots. While sales dropped last year, the company managed to grow earnings year-over-year. Even better? The firm gave a buoyant outlook that indicated a move towards higher growth in the year ahead. The firm? Honewell (HON). It’s a name best known for air conditioning equipment and other “old-school” industrial products. The company is making big ...
Read More
|

The Next Short Squeeze: A Heavily Hated Commodity?

Traders looking for other short-squeeze alternatives to GameStop (GME) are turning their eyes toward silver. Why? The commodity is seeing lower annual mining production, while demand for it increases thanks to a variety of uses in electronic components. Meanwhile, big banks are able to play the silver market by selling contracts, earning a small amount on each trade, but making millions of trades. The disconnect between this paper market and the physical metals market has grown extreme. This idea isn’t new. It ...
Read More
|