Stocks To Buy

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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AT&T (T) shares first rallied on Monday on news the company was splitting off its media assets. However, shares closed the day lower as traders saw what looked like a poor deal for the company. While that’s likely to weigh on shares, other media plays are starting to look more attractive as a result. That could lead to better returns, particularly for some of the more beaten-down names in the space. With AT&T moving from a 5 percent gain to a 1.4 ...
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Cryptocurrency mining has led to a large surge in demand for processing power. That’s been great for companies that manufacture those products. But some of today’s newer cryptocurrencies are using data storage in a larger way than in cryptos of the past. That’s created a surging demand for hard drives, and reversed a declining sales trend for hard drives that occurred over the past few years on concerns that everything would simply move to the cloud. In particular a new cryptocurrency, Chia, ...
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Many companies were able to quickly shift to changing consumer needs during the pandemic. For entertainment companies, the rise of streaming services from nearly every studio has proven a boon. That was the case with The Walt Disney Company (DIS). Despite a record-long shutdown of many of its parks and cruise ships, a surge in streaming subscribers allowed shares to head to new highs. In fact, the trend was so strong the company hit its 5-year streaming subscriber goal in its ...
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With the tech selloff, investors are looking to other parts of the market. Defensive stocks have held up well. But the real value in this market is buying into companies that can raise their prices to deal with inflation… and not lose customers doing so. Offering everyday low prices, one such area is fast food. These companies have streamlined operations, a loyal customer base, and haven’t performed as well as some of the faster-moving parts of the market in the past ...
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The rise of electric vehicles over the past few years has proven strong even with a global pandemic. Companies have sprouted up over the past year to take advantage of the trend. Any company that can offer a significant innovation is capable of grabbing a big market share for itself. But it also has to be able to scale up that technology to commercially-viable levels. One promising company is QuantumScape (QS). A recently-public company, they’re working on a new solid-state battery. The ...
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Colonial Pipeline shut down on Friday following a ransomware attack. The pipeline moves about 45% of the fuel used in the Northeast from facilities in Texas. The company has a tentative date to restore operations by Friday, leaving the pipeline off for a whole week. The impact is raising gasoline prices and the possibility of shortages in some areas, but also bringing an eye once again towards cybersecurity companies. As the first cyberattack in the energy sector specifically, it’s clear that players ...
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While tech stocks have been out of favor the past few months, companies continue to innovate and roll out new products. Some are mere ideas, others are on the cusp of massive profitability. The 5G network is in the second category. It’s been discussed for years, and started slowly rolling out shortly before the pandemic started. With an end to the pandemic, it’s likely to speed up, and one company stands to dominate no matter how the sector unfolds. That company is ...
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