Stocks To Buy

Traders may be shifting towards airlines, cruise ships, and reopening movie chains as the world settles into a post-pandemic recovery. But many changes that occurred are likely to remain. One of those is the shift towards cloud services that started last year. As the work-from-home era likely won’t go back to the pre-pandemic levels of being in the office, it’s no surprise that many cloud names in tech have been reporting solid earnings in the first quarter of 2021. Case in point? ...
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Technology trends are already starting to shape the decade of the 2020s. This decade will be a transformative one in many ways. Fossil fuel companies are already starting to address carbon emissions. For the automotive sector, the success of Tesla Motors (TSLA) is pushing other carmakers to also offer electric vehicles as well. The market is rewarding that news with much higher share prices. Case in point? Ford Motors (F). Shares jumped to a multi-year high as the company announced it was ...
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The past decade has seen the rise of economically viable forms of alternative energy. That’s occasionally spelled trouble for fossil fuel companies. Last year’s drop in oil into negative territory, fueled by traders trying to get out of a bad trade, has now become a distant memory. But the rise of socially responsible investing, now dubbed ESG for environmental, social and governance, is looking to make some big changes to big oil. The biggest potential change? Going carbon neutral. With ExxonMobil (XOM) ...
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A number of payments companies have started embracing cryptocurrencies in the past year, starting with Bitcoin. Some of those companies have struggled in recent weeks as the rapid moves in the cryptocurrency have had large swings in how these companies are valued. However, PayPal (PYPL) has held up more strongly than other names. That’s even as the company, along with its other division Venmo, has moved to increase its cryptocurrency trading abilities for customers in the past few months. However, right now, ...
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Graphics processing unit maker Nvidia (NVDA) announced plans to make a 4-for-1 share split on Friday. That gave shares of the company a quick boost, as it marks the first share split in 14 years for the firm. While the lower share price doesn’t change the company’s market cap, it does make trading easier, particularly for retail investors. It’s fairly common to see companies split shares as they continue a long-term rally. While Nvidia’s conventional valuation is a big high right now, ...
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The past few months have been tough for many stocks. Even with markets near all-time highs, a number of individual sectors and companies have been hit hard. One company sliding in recent weeks has been Chipotle Mexican Grill (CMG). Shares are now back to six-month lows, and have now underperformed the S&P 500 over the past year. But shares have recently gotten into oversold territory, and look set to make a move higher. Analysts are starting to notice the pattern in shares ...
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Companies solving problems related to remote work trends fared well at the start of the pandemic. While that’s ending, a few companies are likely to be able to continue carrying on their success. One such company is Salesforce (CRM). The company was recently given an upgrade to an overweight rating, as shares are at a solid discount from their peak and the enterprise software company is likely to continue consolidating its market share. Shares have also started trending up again in recent ...
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When a company makes its initial public offering, it’s designed to go higher in the first few trading days. This creates a sense of momentum. And when that doesn’t happen? It’s even called a failed IPO. Coinbase (COIN) is the latest company to face a failed IPO. Of course, the company made a direct listing allowing insiders to cash out rather than raise money. But now, the company is looking to raise capital… by raising debt. Shares traded lower on the news ...
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