Stocks To Buy

Even with increased volatility, most assets are near all-time highs. That includes the Dow and S&P 500, and the Nasdaq has nearly recovered from its brief correction. One other area is Bitcoin, which saw a surge in demand just as new stimulus checks started to hit bank accounts. The cryptocurrency surged as high as $61,500 in weekend trading before slipping down during regular market hours. But traders are looking at this milestone and other trends that could fuel another rally. For instance, ...
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Health care and biotech companies have had some big moves over the past year, but seem to be settling back into the relative underperformance that marked the pre-pandemic era. That’s also applied to pharmaceutical companies too, including those who have developed Covid vaccines. The drug industry’s historically rapid development of a vaccine seems to be no longer impressive. Neither does the likely profits to be had thanks to government support and backing. Case in point? Pfizer (PFE). Shares have shed more than ...
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Stock buybacks and dividends were slashed or eliminated last year. Many firms are starting to resume either or both, and point to which companies are likely to continue to fare well in the post-pandemic world. One company just reported strong growth following a merger, and surprised even more with the possibility that a buyback of up to $60 billion would occur within the next few years. The company? T-Mobile (TMUS). The telecom company merged with Spring last year, just in time for ...
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Tech stocks may be off their lows, but traders aren’t quite ready to embrace the space quite yet. That’s resulted in a few relative bargains. Especially when a company is capable of posting massive growth right now. That’s the case with Oracle (ORCL). The software giant has been shifting to a subscription revenue model, which has made for stronger and more consistent earnings. Profits are now up 20 percent compared to a year ago. Besides trouncing on earnings, the company just boosted ...
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One of the casualties of the pandemic has been consumer spending—at least plus or minus any stimulus programs. That’s resulted in reduced shopping and reduced transactions. That’s made it tougher for the credit card networks. However, with a recovering economy and likely more spending across a larger number of goods and services, the traditional card networks are likely to see a comeback in volume. That’s why a number of analysts are upgrading the space. While newer Fintech companies still pose a threat ...
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Many blue-chip companies have been faring well in recent weeks—especially the ones outside of tech. A few companies that have been seen as typical safe-havens during a market crisis have fared a little worse this time around during the pandemic. One such area has been beverage companies. While people have to drink, they don’t have to at restaurants, which tend to have higher profit margins on beverages. While that’s one area that’s lagged, analysts are starting to get bullish on the space ...
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Markets are forward looking. And when looking at retail plays, they see things getting worse, not better, for a number of big-box stores. Why? Same-store sales trends. The big players saw a surge higher as mom and pop stores closed, and that trend may unwind slightly, which could hurt future trends. That’s led to a number of big-name retailers decline even after posting great sales and earnings numbers. The latest victim of this trend is Costco (COST). The warehouse giant knocked its ...
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With the stock market in full meltdown mode, companies reporting great earnings numbers are being totally ignored. The chipmakers are one such place, where great earnings have been met with massive hits to share prices. While valuations may have been high going in to this correction, for growing companies dealing with more demand than can be met in the short-term, this looks like one of the first places in tech likely for a strong rebound. Case in point? Broadcom (AVGO). The company ...
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