Stocks to buy

Broader markets have been celebrating new record highs regularly over the summer. Year-to-date (YTD), the Dow Jones Industrial Average (DJIA), the S&P 500 index, and the Nasdaq 100 index are up about 15.6%, 20.5%, and 18.2% respectively. Meanwhile, analysts debate whether valuation levels for many stocks are overextended at this point. Nonetheless, there are several catalysts that
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Novavax (NASDAQ:NVAX) stock is looking well-positioned because of the Delta variant of the novel coronavirus. That should surprise NVAX stock bears who viewed it as an “also-ran” Covid-19 vaccine play. Source: Ascannio/Shutterstock.com And can you blame them? Earlier this month, Novavax said it would delay applying for emergency use authorization of its Covid-19 vaccine, NVX-CoV2373,
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Opendoor Technologies (NASDAQ:OPEN), the digital platform for residential real estate, turned the corner with its second-quarter results released on Aug. 11. Its adjusted net income and EBITDA (earnings before interest, taxes, depreciation and amortization) both turned positive from negative results last quarter. As a result, using simple measures of its valuation, OPEN stock is worth
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Ahead of its second-quarter earnings report, markets sold off shares of Roblox (NYSE:RBLX). However, the gaming platform allayed fears when it posted respectable results. That said, RBLX stock is still relatively expensive compared to other video game stocks like Activision (NASDAQ:ATVI) or Electronic Arts (NASDAQ:EA). Source: Miguel Lagoa / Shutterstock.com Roblox trades at 19 times
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While the broader stock market soars to new highs regularly, growth stocks have also regained their popularity among investors — and that has created many stocks to buy for investors. The Street seems to be delighted about positive updates on the economic front. Meanwhile, the U.S. Senate has recently passed a bipartisan $1 trillion infrastructure package.
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Companies rushed to have their employees work from home as governments imposed locked downs. This led to a goldrush in stay-at-home investments, particularly for technology firms. Software companies that enabled virtual meetings and remote working flourished while other sectors floundered. Now that countries in the developed world have rolled out vaccinations, investors should consider hot
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