U.S. equities have enjoyed a surge to new record highs this week amid burgeoning hopes that the Trump Administration will finally land a new trade deal with China. The chatter is that the United States is now willing to roll back trade tariffs to secure an agreement, something Beijing feels is a necessary precondition to
Stocks To Buy
Yet again, Alibaba (NYSE:BABA) reported some mind-blowing growth numbers for the fiscal second quarter last week. And yet again, the initial market reaction was lackluster. The trend for Alibaba stock of huge numbers and not-so-huge returns has been frustrating for investors. Source: testing / Shutterstock.com But there are at least three reasons to believe a
Back in mid-July, I wrote on InvestorPlace that it looked like shares of beaten up pharmacy retailer CVS (NYSE:CVS) were ready to breakout higher. The headwinds, which had plunged shares into dirt-cheap territory, were going to ease going forward, meaning that there was no reason for the dirt-cheap valuation to stick around. Source: Shutterstock Fast
Square (NYSE:SQ) lost plenty of buying momentum on the stock market since late summer. After posting its third-quarter results on Aug. 1, bulls pulled out of Square stock when the company issued a light third-quarter outlook. With EPS guidance below analyst consensus estimates, SQ stock may underperform other electronic payment firms. Source: Jonathan Weiss / Shutterstock.com
It’s certainly possible that Nvidia (NASDAQ:NVDA) stock has run too far. Nvidia stock has gained roughly 50% just since late May. Certainly, the news of late has been good — but it doesn’t necessarily seem to be that good. Source: Hairem / Shutterstock.com Meanwhile, valuation after the big rally looks potentially questionable. Nvidia stock trades
[Editor’s note: This story was previously published in September 2019. It has since been updated and republished.] Slow and steady wins the race, as the old adage goes. But slow and steady can be a bit boring. Investors looking for stocks to buy, as a rule, should focus on high-quality, and preferably, lower-risk issues. Still,
Microsoft (NASDAQ:MSFT) stock hit fresh new all-time highs last week. The company has been on a massive winning streak, and there is no sign that it’s about to slow down. In fact, as crazy as it may sound, MSFT stock could keep rallying much higher, even after becoming the world’s most valuable company earlier this
[Editor’s note: “The 7 Best Long-Term Stocks to Buy for 2019 and Beyond” was previously published in September 2019. It has since been updated to include the most relevant information available.] If you’re looking for consistent market success, the best thing you can do is to expand your time horizon. Chasing flavors of the week
U.S. equities are rallying to fresh record highs on Monday thanks, yet again, to positive China trade headlines right before the open. The focus is shifting from whether a deal actually gets done — as well as specifics around thorny issues like intellectual property protection — to where President Donald Trump would like to get
The wild roller coaster ride in shares of freshly pubic search platform Pinterest (NYSE:PINS) continued in early November, when PINS stock plunged more than 20% after the company reported sluggish third-quarter numbers that sparked concerns about a growth slowdown materializing before expected. Source: Nopparat Khokthong / Shutterstock.com Specifically, Pinterest’s profit and user numbers topped expectations
Shares of Etsy (NASDAQ:ETSY) plunged in late October after the specialty e-retailer reported mixed third-quarter numbers that included a lame fourth-quarter guide. The broad implication? The Etsy growth narrative is slowing, with the revenue growth trajectory flattening out and margins starting to come under pressure. Source: quietbits / Shutterstock.com Heading into the print, ETSY stock
We are now about halfway through the third-quarter earnings season, and the numbers so far have been much, much better than expected. According to data from FactSet, roughly 80% of companies that have reported earnings have reported better-than-expected earnings. And they’ve been topping profit expectations by about 4%, on average. Meanwhile, 64% of companies have
After its quarterly earnings report, Amazon.com (NASDAQ:AMZN) stock fell below $1720 on Oct. 25, only to snap back nicely the same day. Even though the cloud computing and e-retailing giant lost a Pentagon cloud contract worth as much as $10 billion to its competitor, Microsoft (NASDAQ:MSFT), investors decided that buying AMZN stock on weakness would
U.S. equities, including transportation stocks, were rallying to new record highs on Friday, pushing the S&P 500 up and over the 3,050 level for the first time. The move exits a long consolidation range going back to July and comes in the wake of better-than-expected employment data and a better-than-feared manufacturing report for October. Nonfarm
I always keep tabs on IPO stocks, as I’m a big believer in investing early, but I’ll be the first to tell you that it’s not always easy. If you’re looking for large, long-term gains – and who isn’t? – investing early is necessary. One example you probably know is Facebook (NASDAQ:FB). If you’d invested
Microsoft (NASDAQ:MSFT) reported earnings on Oct. 23 and beat analysts’ expectations for both revenue and earnings per share. On the revenue front, Microsoft posted $33.06 billion well above the consensus estimate for $32.32 billion. In terms of earnings, the beat was just as impressive with Microsoft posting an EPS of $1.38. Analysts projected an EPS
Salesforce (NYSE:CRM) CEO Marc Benioff recently declared that capitalism is dead, suggesting that America “[Needs] a new, more sustainable, more equitable, more fair capitalism.” Benioff’s company is one of 193 American businesses that have signed the Business Roundtable’s Statement on the Purpose of a Corporation that highlight’s the need for companies to address all the
Over the trailing year, semiconductor and technology firm Nvidia (NASDAQ:NVDA) has taken stakeholders on a wild ride. Right around this point in 2018, Nvidia stock was desperately treading water after a sharp bout of volatility. Unfortunately, the increasingly vitriolic U.S.-China trade war clouded the entire tech sector. Source: JHVEPhoto / Shutterstock.com Seemingly, though, we’re on
[Editor’s note: This article was previously published on Sept. 13, 2019. Due to changes in the market since then, parts of this article have been rewritten with new information.] The holidays represent great opportunities to take a good look at your portfolio and make sure that you are good to get through the holiday buzz
Apple (NASDAQ:AAPL) reports its fourth-quarter 2019 earnings on Oct. 30 after the markets close. If you own Apple stock, they’re not expected to be anything to write home about. Source: View Apart / Shutterstock.com Not to worry. What’s happened in the fourth quarter has almost no bearing on the Apple stock price. What matters to
Earlier this month, Credit Suisse analyst John Walsh said that “it takes a village” to assess General Electric (NYSE:GE) stock. Source: Jonathan Weiss / Shutterstock.com I don’t agree with that sentiment. Heading into the company’s third-quarter earnings, due Oct. 30, I remain convinced that prior results show that the company’s aerospace unit remains strong, while
It was the cannabis-industry news item of the month, and possibly of the entire year: Aphria (NYSE:APHA) posted an astounding gain after the company absolutely crushed earnings and goosed the Aphria stock higher. If you already owned shares, then watching the Aphria stock price ascend 22% was a cause for celebration; if you’ve been sitting on