Stocks To Buy

Led by Bitcoin, cryptocurrencies are moving higher. That’s great for cryptos themselves, as well as a number of companies that play to integrating cryptos into the existing financial system and the public’s mind. However, many tech companies have been burned, as crypto mining has gone in and out of favor over the years. That’s created a lot of uncertainty for a number of companies in terms of marginal demand, and the market hates uncertainty. Case in point? Nvidia (NVDA). The leading producer ...
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Some stocks in the same industry may have a vastly different valuation than others. This is typically the market’s way of indicating which company is the industry leader. That may be higher profit margins, or a better product, or even more loyal customers. This notion recently appeared on the market when chipmaker Intel (INTC) reported earnings. As with its prior reports, the numbers were okay, but poor guidance and a sense that the company was treading water operationally led to a ...
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Investors are looking for how companies are navigating the worst environment for inflation in 25 years. Many companies are doing well, having found ways to cut costs, or raise prices without losing out on sales. Some of the best companies do a little bit of both. That’s the case with Chipotle Mexican Grill (CMG). The company reported solid earnings, as higher costs were offset by higher menu prices, allowing the company to report earnings of $7.02 per share, beating estimates of ...
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Merger and acquisition activity is alive and well. More importantly, even rumors of a possible deal are capable of moving shares of companies large and small alike. That’s the case with Pinterest (PINS). News broke that the social media site might be acquired around $70 per share, at a valuation of nearly $39 billion. The potential buyer? Payment services company PayPal (PYPL). On its face, the deal doesn’t seem to make a lot of sense. These are two very different companies in ...
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Some companies are still seeing sales and revenues below their 2019 pre-Covid peak. For these firms, changes in how we live and travel continue to impact their returns. And when it comes to how their stocks perform, it comes down to now how much a company loses, but whether or not it’s more or less than expected. That’s the case with United Airlines (UAL). The major carrier reported a smaller-than-expected loss in its most recent quarter. The carrier also reported that its ...
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After a failure to deliver on time, the SEC finally released a report on January’s “meme stock” activity in the market, primarily centered around the explosive move higher in GameStop (GME). The report came out with a statement that the regulator will try and use the event as a way to ensure markets remain fair for the little guy. But what’s more important is what didn’t make the headline of the report. The report noted that the explosive move higher in share ...
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A number of retailers have already started dropping Black Friday deals. Typically starting the day after Thanksgiving, the story on Wall Street is that it really marks the day that retail companies move to profitability, or in the black, for the year. With some pent-up consumer demand and rising wages this past year, sales could blowout 2020’s pandemic-reduced numbers. While retail has already performed well as a sector this year, traders will likely fare best if they consider a best-of-breed player ...
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Investors have to pay up for quality. That tends to be worth it in time, as buying the best company in a sector can provide excess returns. In the past few trading sessions, the biggest Wall Street banks have been reporting earnings. Most have beaten earnings, as well as provided a buoyant outlook and reduced loan loss reserves, a sign of long-term financial health. While investors may think all big banks are the same, that’s not always the cases. Some banks have ...
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