Stocks to buy

Penn National (NASDAQ:PENN) has generated profits in each of the last two quarters — and the company’s first-quarter results were particularly impressive. But that’s not the only reason to like PENN stock. Source: Casimiro PT / Shutterstock.com On top of its quarterly performance, Penn National also looks critically well-positioned to benefit from a meaningful expansion

The pandemic could not stop the growth of the online betting and fantasy sports company DraftKings (NASDAQ:DKNG) stock. DraftKings has been making news lately and is growing its presence. Source: Tada Images / Shutterstock.com The company is on an expansion spree and has recently marked a deal with a non-fungible token (NFT) platform. DKNG stock has

Biotechnology company Cassava Sciences (NASDAQ:SAVA) has only two primary product candidates, but they’re highly significant. SAVA stock holders, like all biotech-sector investors, should stay informed on all clinical developments as they’re likely to influence the share price. Source: Shutterstock Cassava Sciences shares are particularly sensitive to news-related events. That’s not a bad thing, though, as the

Sofi Technologies (NASDAQ:SOFI) has tumbled since it closed its special purpose acquisition company (SPAC) deal and raised $1.9 billion in cash. SOFI stock peaked on June 8 at a closing price of $23.89. Since then it has fallen by 35.7%, or $8.52, to $15.37 as of July 28. Source: rafapress / Shutterstock.com However, SOFI stock

There is absolute clarity on the point that global economic growth is gaining traction. And that means good things for the future of shipping stocks. The international Monetary Fund expects global economic growth at 6% for 2021 and 4.4% for 2022. For the current year, emerging economies are likely to grow at 6.7%. Performance of

To say that Senseonics Holdings (NYSEAMERICAN:SENS) had a rough 2020 would be an understatement. SENS stock had reached a high of $1.60 in the first quarter of 2020 but immediately crashed during the start of the pandemic. It had spent most of 2020 in the 40-cent range and severely testing investor’s patience. Source: Shutterstock However,

As we continue to navigate another wild year, one sector that continues to thrive are electric vehicles (EVs). That said, this space shows no signs of slowing down — and that provides a solid outlook for battery stocks. Deloitte estimates suggest that the EV industry will grow at a CAGR of 29% through 2030. That

Airbnb (NASDAQ:ABNB) is likely to report a huge gain in earnings and free cash flow (FCF) for the second quarter when it reports, which will likely happen in mid-August. This could end up pushing ABNB stock significantly higher than its close yesterday of $142. Investors will realize that Airbnb, the online travel hosting company, is a

Penn National Gaming (NASDAQ:PENN) produced excellent results for the first quarter, showing that the casino gaming company is now producing free cash flow (FCF). As a result, PENN stock is likely to move significantly higher once the market sees it generate large amounts of cash. Source: Casimiro PT / Shutterstock.com Penn National Gaming has 42

In the wake of the Covid-19 pandemic, companies are sourcing talent in many ways. Fiverr (NYSE:FVRR) is benefiting from the freelancer revolution in the 2020’s, and this was reflected in last year’s performance of FVRR stock. Source: Temitiman / Shutterstock.com However, that bull run seems to be taking a breather. This shouldn’t be a problem, though,

The past two weeks have been monumental for Virgin Galactic Holdings (NYSE:SPCE). Company founder Richard Branson made a successful flight to the edge of space, kicking off the era of billionaires in space, and — much more importantly for investors and SPCE stock — the era of space tourism. Source: Tun Pichitanon / Shutterstock.com Branson’s

Is the move in Virgin Galactic (NYSE:SPCE) ironic or what? Recently, this name exploded higher as the company’s craft took flight, but now SPCE stock is heading back down to Earth, just like the spacecraft. This begs a question: is the price move already over with or is it just beginning?  Source: rafapress / Shutterstock.com

Over the last few months, I’ve generally been bullish on the upside potential of Churchill Capital Corp IV (NYSE:CCIV), the special purpose acquisition company that’s about to merge — barring unusual circumstances — with Lucid Motors, an electric vehicle manufacturer that could potentially challenge competitor in the space Tesla (NASDAQ:TSLA). Admittedly, though, it’s difficult not

Cassava Sciences (NASDAQ:SAVA) announced on July 21 that it would present two new clinical datasets in the upcoming Denver Alzheimer’s conference. The most important of these two will be on July 29 at 11 am ET, when the company releases its nine-month dataset results for its Alzheimer’s drug, Simufilam. Expect to see SAVA stock take

In the next few years, the global legal marijuana market is expected to grow at a robust pace. As regulatory headwinds wane, the market size is expected to reach $70.6 billion in 2028. This would imply growth at a CAGR of 26.7%. It’s not surprising that investors have started looking at major marijuana stocks like

In case you didn’t get the memo, solid-state electric-vehicle (EV) battery maker QuantumScape (NYSE:QS) is set to release its second-quarter financial results after the market closes on July 27. So this begs the question of whether it makes sense to hold QS stock now. Source: Michael Vi / Shutterstock.com After the company’s bruising first-quarter loss, it’s

Novavax (NASDAQ:NVAX) looks like good value today given both its prospects (especially in India) and its valuation metrics. This is a biotech company that has developed a popular, non-RNA-related vaccine against Covid-19. Right now, it looks like NVAX stock could be worth at least 100% more to $419 than its present price of $209.52 as

Nvidia (NASDAQ:NVDA) shares have seen a dramatic drop in price this week. From a close of over $750 on Monday, to currently trading around the $194 level. There’s no need to panic here, however. This was planned. The big drop is primarily attributable to the company’s 4-for-1 stock split, which went into effect on Tuesday morning.

As all eyeballs focus on the remarkable record-breaking ascent of the major indices, less attention is paid on defensive names. That’s only natural because of immediacy bias or the tendency to perceive current emotions as more intense than previous emotions. Nevertheless, it might be time to think about hedging against this soaring valuation and what

Cannabis stocks are due for a boom soon. The U.S. government is still attempting to decriminalize pot, and cannabis stocks have been a disappointment for years, but we’ll get there eventually. And among cannabis companies, Canopy Growth (NASDAQ:CGC) is well-suited for hypergrowth. Look to buy the dip in CGC stock while weed stocks as a whole

Defensive stocks, which typically have low market risk, are getting increased attention. And these types of shares are popular because they can help protect portfolios from rapid market declines or wild swings in returns. Today, I’ll introduce seven defensive stocks to buy for the earnings season. Despite stomach-churning volatility, especially in the early days of the

The pandemic gave all retail companies a giant boost. So much so that they not only quickly recovered from the Covid-19 crash but eclipsed it. Jumia (NYSE:JMIA) stock rallied as much as 3,100% off the March 2020 bottom. Losing a few ticks is more than necessary. Nothing rallies to the moon without rest, therefore the

Growth has clearly been the winning investment strategy over the past decade. Buying shares of well-managed businesses in industries with above-average growth has proven capable of superior portfolio performance. Therefore today, we’ll discuss seven growth stocks that could be appropriate for a range of InvestorPlace.com readers. Most growth stock have high valuation metrics, such above

General Electric (NYSE:GE) stock is down on its luck this summer, but it’s far from suffering. Year-to-date it’s up 16% and up 75% in a year. That’s 40% more than Apple (NASDAQ:AAPL), to mention one leader. Source: Sundry Photography / Shutterstock.com Management, therefore, deserves a lot of credit. This comes after tremendous criticism going into

Things have really started turning around for Express (NYSE:EXPR), the fashion-forward clothing chain that sells online and in stores. For one, EXPR stock is now up over 400% year-to-date (YTD). On Jul. 15, it closed at $4.79. Source: Helen89 / Shutterstock.com In fact, the stock is even up 68% from its recent mid-year low close of

It’s never easy to pick stocks to buy for the second half of a calendar year. That’s especially true when the markets are hotter than a pistol — which they are in 2021.  As of July 14, the S&P 500 was up 18.31% year-to-date (YTD). That’s an annualized return of almost 34%. Since 1928, the

ContextLogic (NASDAQ:WISH) is a fast-growing ecommerce company that makes money from B2C commissions on products sold through its website. Last quarter its revenue grew 75% year-over-year and its gross margins grew by 53.9%. I argued in my last article that WISH stock wouldn’t move much until the company became profitable. But now I’m starting to change

It’s fair to say that Canopy Growth (NASDAQ:CGC) has an appropriate name, as the company has exhibited tremendous growth over the years. Recently, however, investors may have been disappointed in the performance of CGC stock. Source: Shutterstock The stock was on a tear earlier this year. However, the Canopy share price peaked in February and then

Tech stocks have been volatile trades so far in 2021, and we’re liable to see more wild swings in the near future. As the global economy reopens, investors increasingly find themselves in an ambivalent position where they need to choose between cyclical “old economy” stocks and high-growth tech stocks. Many tech names have seen occasional

The largest U.S. cryptocurrency exchange, Coinbase (NASDAQ:COIN) stock has become a familiar name today. Majority new investors in Bitcoin (CCC:BTC-USD) use Coinbase. The company went public via a direct listing in April. Source: Primakov / Shutterstock.com COIN stock was as high as $342 in April and is currently exchanging hands close to $225. This is