Even prior to the pandemic the stock of Chinese online dating firm Momo (NASDAQ:MOMO) has been on a downtrend. The company has had a rough few years after running afoul of state regulators and feeling the effects of the coronavirus pandemic. Source: rafapress MOMO stock currently trades at around $15.90. A lot of the bad
Stocks to buy
It’s the news that everyone was anticipating. Nevertheless, the strength of the March 2021 jobs report caught even some optimists by surprise. Hiring surged in the U.S. as employers added 916,000 jobs in March, representing the best gain since August of last year. Despite the enthusiasm, though, investors should continue eyeballing blue-chip stocks to buy.
Has the ship sailed with Norwegian Cruise Line Holdings (NYSE:NCLH)? Fortunately for investors looking at NCLH stock now, it hasn’t. Source: Vytautas Kielaitis/shutterstock.com A year ago, when the pandemic first started to affect global commerce, shares in this cruise line operator cratered from nearly $60 to prices that briefly hit single digits. But, over the
Over the past few weeks, investors have been searching high and low for companies involved with non-fungible tokens (NFTs). If you’re interested in capturing some of the gains in this trend, Color Star Technology (NASDAQ:CSCW) should be on your radar and fortunately, CSCW stock is still quite affordable. Source: Shutterstock Just as a quick primer, NFTs
Semiconductor stocks have been in the limelight during the ongoing chip shortage, which has been affecting a range of firms, especially in the tech and automotive sectors. Chips have had a significant impact on technology and innovation in the past several decades. Today, we find chips in items ranging from smartphones, to air conditioners, fridges,
Back on March 23, 2020, I invested in Wynn Resorts (NASDAQ:WYNN) based on a belief that the casino industry would bounce back from the pandemic. A year later, I sold my WYNN stock and invested in MGM Resorts (NYSE:MGM) stock. Source: Michael Neil Thomas / Shutterstock.com I was very fortunate to time the market bottom
Social media has become an integral part of our daily lives. Currently, some 3.6 billion people across the globe use social media and that number is projected to increase to 4.41 billion by 2025. Further, “internet users spend an average of 144 minutes on social media per day.” These numbers are enough to trigger interest
Shares of life sciences company Bionano Genomics (NASDAQ:BNGO) have dropped more than 20% in the past month. The development is puzzling, considering how it upturned four consecutive quarters of revenue slump with its latest earnings results. Regardless, the pullback presents an excellent opportunity to buy BNGO stock at a discount. Source: Connect world / Shutterstock.com As
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Eric Fry’s pick for the contest is Osisko Gold Royalties (NYSE:OR). When the gold price is falling, one of the worst kinds of stocks to own is a gold stock. That’s why Osisko Gold Royalties Ltd. (NYSE:OR) stock has performed poorly so far this year.
Recently, Pershing Square Tontine Holdings (NYSE:PSTH) was a casualty of the selloff in the hot electric vehicle (EV) space and tech sector. Right now, shares of the special purpose acquisition company (SPAC) are down about 28% from PSTH stock’s 52-week high of $34.10. Source: Dmitry Demidovich/ShutterStock.com The pressure is finally getting to these risky SPAC
Editor’s note: This column is part of our Best Stocks for 2021 contest. Bob Ciura’s pick for the contest is Lockheed Martin (NYSE:LMT). The first quarter of 2021 was characterized by a steady economic recovery from the coronavirus pandemic. Lockheed Martin (NYSE:LMT) has benefited from the economic bounce-back, and its stock price has registered a 2% year-to-date increase.
Phew…we’ve made it through the first quarter of 2021. So much has happened, and we still love The Walt Disney Co. (NYSE:DIS) stock. And here’s why. Source: by InvestorPlace Congress recently passed the massive $1.9 trillion American Rescue Plan Act of 2021. This is fantastic news for DIS stock because consumers are now going to
Everybody’s looking for the next big thing in the financial markets, it seems. To find it, perhaps we should try looking outside of our comfort zone – and your local geography. If you’re prepared to do that, then I invite you to learn about Ozon (NASDAQ:OZON) and maybe even consider a position in OZON stock. Source:
Quick question for you: Which company would be your first bullish pick in the post-novel coronavirus pandemic, e-commerce-driven economy? Maybe you didn’t immediately choose Fiverr International (NYSE:FVRR), but FVRR stock has performed surprisingly well — and I’d suggest that the biggest gains may be yet to come. Source: by InvestorPlace I covered Fiverr as a gig
Like other tech stocks, Activision Blizzard (NASDAQ:ATVI) has gotten caught up in a wave of selling. Thankfully ATVI stock isn’t getting smashed like high-growth stocks, but it’s still down more than 11% from its 52-week high and fell about 15% at its recent low. Source: Piotr Swat / Shutterstock.com For long-term bulls though, perhaps a
Poshmark (NASDAQ:POSH) is looking like a decent buying opportunity right now, given how far POSH stock has fallen lately. In the past month, it is down over 30% as of March 26 at $39.64. It’s down $61.84 or 60.9% from its first day trading close (Jan. 14) of $101.50, and down from the IPO price
When looking for REITs to buy, the process I employ is similar to the one I use when searching for stocks to purchase. Specifically, in both cases I try to find names that are both poised to benefit from current, strong trends and managed well. And of course, for both stocks and REITs, the opposite
It’s interesting the way a company can completely fly under the radar until a special purpose acquisition company (SPAC) is mentioned. A case in point would be LM Funding America (NASDAQ:LMFA), as Wall Street didn’t seem to care much about LMFA stock until a SPAC spin-off was announced. Source: Wright Studio / Shutterstock.com In actuality, I’ll
Operating in a niche sector you might have never even considered. AquaBounty Technologies (NASDAQ:AQB) specializes in environmentally responsible fish farming techniques. If you like what you’ve heard so far, then AQB stock might be for you. Source: Pavel Kapysh / Shutterstock.com In the realm of fish farming, land-based aquaculture is a growing trend. AquaBounty’s aquaculture technologies
For some gamblers, it’s not enough to bet on who will win or lose a game. Micro-betting is shaping up to be a major tailwind for sports betting equities like DraftKings (NASDAQ:DKNG) stock. Source: Lori Butcher/Shutterstock.com DraftKings is one of the best-known and most successful sports betting names on the market today. The stock is