Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) has been under pressure lately, and earnings didn’t help. GOOGL stock had its fifth straight week, down around 4% in the week ending April 29. However, a dip like this should attract buyers, not scare them away. After going through the earnings report, there are many positives. The company grew revenue 23%
Stocks to buy
After a steep drop on Tuesday, Lucid (LCID) stock popped on Wednesday after news broke of a deal to sell electric vehicles to the Saudi government. Wednesday’s gain by LCID stock wasn’t enough to make up for Tuesday’s drop, leaving LCID down 54% in 2022. With LCID stock still in record low territory, this is
Global X Copper Miners ETF (COPX): In two developments that will greatly boost demand for copper, the U.S. government is set to allocate a huge amount of funds to the electrification of transportation, while the renewable energy revolution is gathering momentum. Lithium Americas (LAC): To meet its electric vehicle (EV) goals, the Biden administration has
Sometimes, when looking for the best stocks to buy, it pays to go against the grain. Teladoc (TDOC) has dropped into the abyss, but is set for a contrarian bounce. Netflix (NFLX) has suffered due to subscriber loses, but that doesn’t negate the company’s success. Shopify (SHOP) may be presenting a rare opportunity for smart
[embedded content] What happens at Netflix stays at Netflix… including a distinct lack of innovation. Which is why, last week, Netflix (NASDAQ:NFLX) stock dropped quite the bomb with its quarterly report. The company’s growth not only stalled out — it crashed and burned. After reporting the loss of more than 200,000 subscribers, NFLX stock fell
Investment firm Cowen cut its price target for Twilio (NASDAQ:TWLO) stock from $350 to $300. However, the revision still represents more than 100% upside from current levels and aligns with consensus estimates for TWLO stock. Cowen analyst J. Derrick Wood maintained an “outperform” rating on shares. Wood feels the market sentiment is still awful at
AMC Entertainment (AMC) has demonstrated fitful price action lately. Wall Street seems to be ignoring positive news catalysts for the company. Investors should hold on for a bumpy but potentially profitable ride. Source: Ian Dewar Photography / Shutterstock Ever since the onset of Covid-19, global movie-theater chain AMC Entertainment (NYSE:AMC) has had its share of ups and
Amazon (AMZN) will report its first-quarter earnings on Thursday, April 28 after the market closes. Analysts and investors are worried Prime memberships may take a hit, similar to the recent Netflix (NFLX) debacle. AMZN stock still looks undervalued for the long term, likely worth at least $4,100 per share, or 40% more. Source: Frederic Legrand
Berkshire Hathaway (BRK-A) stock is now trading for over $500,000 a share Insurance is, and always has been, the key to Berkshire’s success. The autonomy of its units makes succession a non-issue for BRK-A stock holders Source: Kent Sievers / Shutterstock.com Insurance is a bet on disaster that helps remove some of the risk from
With no fundamentally negative news swirling around Match Group (NASDAQ:MTCH), panicking investors are selling MTCH stock. Why? Match shares lost 16% in the last week and are now close to 52-week lows, down by nearly 60% from its $182 yearly high. Blame the 37% weekly sell-off in Netflix (NASDAQ:NFLX), an online streaming giant after it
Lucid Motors (LCID) announced a new car to outpace and out cruise high-end competitors. Tesla (TSLA) is seen as an EV bellwether, but that’s overstating its importance to the market. EVs will not be going away, and niche markets are key to survival. Source: gg5795 / Shutterstock.com It was quite a news-filled week for the electric
Nio (NIO) stock has been falling after the price hike announcement and the suspension of production. The production halt is temporary and many other electric vehicle (EV) makers have also hiked their prices. The dip in Nio stock is a great chance to take your position. Source: Robert Way / Shutterstock.com Electric Vehicle makers in
Inflation favors wholesale giant Costco (COST) through 2022. Rising sales imply Costco has plenty of price appreciation in store for investors. Investors are being rewarded as Costco sends cash back their way amid a boom. Source: Helen89 / Shutterstock.com There is little reason to bet against Costco (NASDAQ:COST) stock as the membership warehouse company booms.
Cloudflare (NET) is showing strong year-over-year revenue growth. The market believes that growth is already factored into its price. NET stock presents an opportunity for patient long-term investors. Source: Sundry Photography / Shutterstock Cloudflare (NYSE:NET) is illustrating the problems inherent with growth stocks in today’s market. The 52-week range for NET stock is $64.84 to
DoorDash’s (NYSE:DASH) huge, rapidly growing market share, improving financial results, and promising initiatives leave DASH stock well-positioned to outperform the Nasdaq and the S&P 500 over the medium- and long-term. Consequently, I urge growth investors to buy DoorDash’s shares after they fell 1over 20% since April 4. DoorDash’s U.S. market share has boomed from just
Mullen Automotive, Inc. (NASDAQ:MULN) is a development stage company. The firm primarily manufactures and distributes electric vehicles (EVs) in the United States (US). It also owns a digital platform, CarHub that facilitates interactive solutions to a consumer for making decisions to buy or sell a car. Other than this, MULN battery is for EVs and
Perma-Pipe International (PPIH): Stable business with a robust growth pipeline ahead. Volta (VLTA): EV charging specialist with a unique competitive advantage over its peers. Orion (ORN): Strong marine business with a continually growing order backlog. Source: Shutterstock Investor interest in infrastructure stocks has taken off since U.S. President Joe Biden signed a $1 trillion infrastructure
A few months back, I watched a movie on Netflix called Don’t Look Up. But the more appropriate phase for Netflix (NASDAQ:NFLX) stock investors right now is don’t look down. Source: xalien / Shutterstock Netflix stock crashed a jaw-dropping 35% yesterday after the streaming giant reported its first-ever subscriber decline in the streaming era. That
Microsoft (MSFT) is the dominant Cloud Czar. Its advertising growth of over 30% per year remains under the radar. Microsoft Gaming promises huge gains in years to come. Source: FellowNeko / Shutterstock.com Of the five Cloud Czars that now dominate the global economy, Microsoft (NASDAQ:MSFT) is in the best shape. Accordingly, MSFT stock is up
Earnings season is upon us, and it’s time for companies to impress investors. Having suffered a lot over the past few months due to Russia’s invasion of Ukraine and the tech selloff, U.S. stocks are under pressure again due to the inflation. However, Airbnb (NASDAQ:ABNB) is hoping to make the most of travel this year.
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