Stocks To Buy

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 ofTootsie 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. Insiders ...
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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 Arts ...
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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 ...
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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 ...
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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 strides ...
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Traders looking for other short-squeeze alternatives toGameStop (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 found ...
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For the first time in five years,Amazon (AMZN) isn’t the reigning global brand. Rather, the title is going back to a name that had it before. The company?Apple (AAPL). It’s the ultimate consumer tech play. While the company can be derided for coming up with small improvements in its tech every year, a rabid fan base and a growing services division continues to reward shareholders. The company’s increased investment in streaming, electric cars, and other trends have already allowed it to become ...
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The pandemic and related lockdowns have left some better off. For others, job losses have led to a challenge. The end result? A K-shaped recovery, as some trend higher and some lower. With that theme in mind, there are plenty of investment opportunities. Many consumers, particularly on the lower-end, are likely to continue their shift towards lower-priced consumer goods. That bodes particularly well for outlets such as dollar stores. One company getting an upgrade from Loop Capital on that thesis isDollar General ...
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