Archive Monthly Archives: October 2020
Cryptocurrency Stocks To Watch As Bitcoin Prices Surge
Interest in cryptocurrency is surging once again with Bitcoin prices up by almost 30% over the last month, driven by growing institutional interest and Paypal’s recent move to allow its customers to buy and sell certain cryptocurrencies. Our indicative theme on Cryptocurrency Stocks – which includes semiconductor, payments, and brokerage companies that have some exposure to the […]
Continue readingIs Boeing Stock a Buy After the Selloff?
Boeing BA shares dragged down on the Dow Jones Industrial Average again Wednesday.The company’s CFO said that the company does not expect to be cash flow positive until 2022. CFO Smith also said its funding its 401(k) and pension plan over the next year with Boeing stock instead of cash. BA expects passenger traffic to return […]
Continue readingHow to Use the Election to Buy Stocks at a Bargain Price
America is gripped with hope and fear ahead of Tuesday’s presidential reckoning. It might be the only thing that Democrats and Republicans can agree on ahead of a historically polarized election. The Republicans naturally hope that Donald Trump will be elected to another four years as president. If he loses, they fear the country will go […]
Continue readingRed-Hot Nvidia Stock Is Likely To Cool From This Stratospheric Valuation
Nvidia (NASDAQ:NVDA) stock continues to move up, pushing its sky-high valuation even higher. Since my last article on the company a month ago, it has risen $49.69 to $543.61 (as of Oct. 23), or up 10%. That also means that its value metrics are also out of the park. For example, analysts now put Nvidia stock on a […]
Continue readingThis Mid-Cap Stock Fund Wins With Warren Buffett’s Strategy
Mid-cap stocks are often—unfairly—overlooked. In a coronavirus-stricken economy where giant tech companies keep powering the market higher as small companies struggle to survive, mid-caps are an excellent compromise. They generally have lower valuations than the most beloved blue chips and stronger businesses than the small fries. In fund tracker Morningstar’s Mid-Cap Blend category, the $552 million […]
Continue readingJ.P. Morgan Presents 3 Stocks With Double Digit-Upside
November 3 is fast-approaching, and Wall Street is bracing for a Biden win. But what would a Democrat-controlled White House mean for the markets? Even though some investors think a Biden presidency would be detrimental to stocks and put pressure on the markets, Marko Kolanovic, the global head of macro quantitative and derivatives strategy at J.P. […]
Continue readingJim Cramer On Potential Lockdown, Buying Opportunity In Stocks
On Wednesday morning, Jim Cramer shared his first take on the markets which included opinions on potential lockdowns, more layoffs, and if there is a buying opportunity in stocks. Cramer on Lockdowns: While appearing on “Squawk on the Street,” Cramer discussed the potential for lockdowns similar to what Europe has done. “There’s going to be a call for lockdowns.” Cramer […]
Continue readingWhy Exxon Mobil Shares Won’t Be a Dry Hole
If someone told you early this year that you would be able to buy Exxon Mobil (NYSE:XOM) stock for $33, they would have not taken you seriously. They may even have considered you to be, well, off your rocker! But of course, XOM stock is now trading at about half its value since the start of […]
Continue readingCould Royal Caribbean Stock Rise 80% Post Covid?
There could be an upside of over 80% for Royal Caribbean Cruises (NYSE: RCL) stock if its business recovers strongly post the Covid-19 pandemic. The stock trades at about $65 currently and has lost about 50% of its value year-to-date, as Covid-19 essentially brought the company’s business to a standstill. The stock traded at about […]
Continue readingHere’s Why The Stock Market Doesn’t Care About Next Week’s Election
We’re just days away from one of the most anticipated elections in history. And I’m afraid millions of investors are going to waste time and money trying to “guess” who’ll win and how it will impact markets. The truth is, smart investors won’t waste a second worrying about which party will win. In today’s essay, I’ll […]
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