There’s growing concern that the economic recovery could falter this winter if Covid-19 cases spike dramatically. Those concerns are not just being felt in the U.S. but all over the world, leaving investors to start hunting for safe stocks to buy. The Organization for Economic Co-operation and Development (OECD) recently lowered its growth forecast for
Stocks to buy
Zomedica (NYSEAMERICAN:ZOM) has had a string of victories in recent weeks. First, it announced on Oct. 1 that it would acquire PulseVet for $71 million. Then three days later, it announced that it had hired a President with significant medical devices experience to replace current CEO Robert Cohen when he retires at the end of
ChargePoint (NYSE:CHPT) stock has had a bumpy ride down, losing more than 40% so far this year, but a change may be in the wind. Source: YuniqueB / Shutterstock.com Navigating the stock market can be a daunting task. It’s important to know what you’re doing and have an understanding of how things work. However, it
Paysafe (NYSE:PSFE) has been struggling since closing outs its special purpose acquisition company (SPAC) deal. PSFE stock has shed more than 40% of its value since completing the merger with Foley Trasimene Acquisition II in late March of this year. Plus, weak guidance for the third quarter has weakened the stock even more lately. However,
Didi Global (NYSE:DIDI) went public on June 29 at a price of $14. After two days of trading, it was over $16. Since then, it’s pretty much been downhill for DIDI stock. Source: Piotr Swat / Shutterstock.com Although the IPO raised more than $4.4 billion, I think it’s fair to say that most of the
Navigating the stock market is not for amateurs. It’s a complex and alluring maze that can be overwhelming, especially when you’re just starting to invest or want to find more affordable ways of getting into it. The best way I’ve found so far? Subscribing to investment gurus and taking a look at their stock picks.
For the longest time, I’ve always assumed that the term Black Friday referenced the profitability narrative; that is, transitioning from being in the red to black. But I just got fact-checked by Britannica. Instead, police officers in Philadelphia in the 1960s used the phrase to describe the chaos as suburban tourists began their holiday shopping.
Cloudflare (NYSE:NET) is a company that provides CDN (content delivery network), web infrastructure and online security services. When the pandemic hit in 2020, the company was in the perfect position to pick up a lot of business. Online shopping ramped up while remote work and learning suddenly became a necessity. Given the rapid growth in
It seems like the beginning of Q4 is becoming the big transitional quarter for the markets. Sometimes it’s a bullish trend, sometimes a bearish one. This time it’s about transition. And that’s why A-rated stocks to buy are key to navigating now and into 2022. Supply chain issues are creating havoc in the global markets
Even though Microsoft (NASDAQ:MSFT) has a $2.275 trillion market cap, its massive free cash flow (FCF) could push its value even higher. In fact, my calculations show that MSFT stock could trade between 12.6% to 27% higher. Based on its Oct. 14 closing price of $302.75, that puts its value between $340.90 and $384.80 per
Just like in September and many months before that, so far in October, General Electric (NYSE:GE) has been stuck in neutral. Bouncing between $100 and $105 per share, investors are still unwilling to send GE stock to higher prices. Source: Sundry Photography / Shutterstock.com To some degree, this makes sense. CEO Larry Culp has made progress
On July 30 I wrote that Facebook was likely worth $517 per share, or 44% higher than its price at the time. That was when FB stock was at $358.32 per share. Since then, it has tumbled to just $328.53 as of Oct. 14. I still feel that it is worth my original price, and
Alibaba (NYSE:BABA) stock has taken a hammering at the stock market as a result of Beijing’s crackdown on its top tech companies. Source: Kevin Chen Photography / Shutterstock.com BABA stock has been down more than 30% in the past nine months. However, after recent investments in strengthening its businesses and reducing its risks, the company looks
Even while Micron Technology (NASDAQ:MU) is a thriving business, MU stock has been in a state of decline for six months. This is mainly due to the challenges facing the memory-chip market in general. Source: madamF / Shutterstock.com However, even though the semiconductor shortage has been troublesome, Micron is still advancing its technology and generating robust
Investing for the long-run is a robust approach for building wealth over time. Most seasoned investors would agree that time in the market is more important than timing the market. In other words, if you have a long-term perspective on the stock market and properly diversify your portfolio, it’s nearly always a good time to
Ready to charge up your electric vehicle stock holdings with a truly unique company? Lightning eMotors (NYSE:ZEV), producer of zero-emission buses, powertrains and charging products, is a small but ambitious business — but unfortunately, ZEV stock remains under-appreciated on Wall Street. Source: Shutterstock One interesting thing about Lightning eMotors is that it has a strategic partnership
The going has been tough for ChargePoint (NYSE:CHPT) stock after its massive price surge earlier in the year. Source: YuniqueB / Shutterstock.com The electric vehicle (EV) charging infrastructure company has shed nearly 50% of its value since the start of the year. Now CHPT stock trades at a more reasonable valuation with considerable upside for
With its drop-off in price since last month’s short-squeeze rally, Vinco Ventures (NASDAQ:BBIG) may look to many like a “flavor of the month” penny stock. And true, BBIG stock does still need to live up to the hype. But at the same time, I wouldn’t write this one off as an opportunity. Source: shutterstock.com/Postmodern Studio
Since the listing of Skillz (NASDAQ:SLKZ) stock in December 2020, there has hardly been any reason for investors to rejoice. After touching highs of $46.30 in February 2021, SKLZ stock has been in a sustained downtrend. Source: NYCStock / Shutterstock.com Of course, there are multiple reasons to be worried. However, even without these factors, SKLZ
At just under $5 per share, ContextLogic (NASDAQ:WISH) is technically in penny-stock territory. Worse yet, WISH stock has many of the negative traits usually exhibited by penny stocks. For example, ContextLogic’s financial results are poor, and its prospects are murky. Source: sdx15 / Shutterstock.com Consequently, very few investors are holding their breath waiting for the company
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