Stocks to buy

Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw its shares hit all-time highs early this year. With a series of missteps behind it, consumers buying more EVs in China, and its factories churning out record numbers of vehicles, Nio was on fire. But after closing at $62.84 on Feb. 9, NIO stock began to slide.

Editor’s Note: This article is a part of our “Top Grad Stocks 2021” series, where our savvy market analysts recommend their best picks for new graduates’ portfolios. Check out “Money Moves for Recent Grads” for more finance advice and click here to see more stocks for your must-buy list. Congratulations, you graduated college! You likely learned several key lessons, such as how

The first half of May was anything but good for UWM Holdings (NYSE:UWMC). Better known as United Wholesale Mortgage (UWM), the wholesale lender of residential mortgages saw UWMC stock fall almost 25% earlier this month. Since then, it’s gained back all of its losses and then some.  Source: Shutterstock Up over 40% since May 11,

Advanced Micro Devices (NASDAQ:AMD) has had an excellent 2021 and investors are enjoying the growth of the company. AMD stock saw the biggest highs over the past year and was very close to hitting triple digits. The stock hit an all-time high of more than $99 in 2020. However, thanks to volatility the stock is far

I have decided to change my mind about Snowflake (NYSE:SNOW) stock. I no longer think it’s so wildly overvalued. What changed my mind? The company’s latest quarterly results came out on May 26, showing that Snowflake is now generating free cash flow (FCF). As a result, I suspect that SNOW stock will continue to perform

Hydrogen fuel cell player Plug Power (NASDAQ:PLUG) seems to have gotten its mojo back. At the time of writing, this company has taken out its high for the month, and has broken the $30 per share level for the first time since late-April. Indeed, all seems to be going well for investors in PLUG stock right now.

The market has been going through a bit of a strange stretch. A number of hot stocks have come crashing back to earth, while value stocks have continued to trade well. The indexes have been holding up near the highs during these big sector rotations, so some of these stocks have done quite well despite

Editor’s Note: This article is a part of our “Top Grad Stocks 2021” series, where our savvy market analysts recommend their best picks for new graduates’ portfolios. Check out “Money Moves for Recent Grads” for more finance advice and click here to see more stocks for your must-buy list. I have a unique perspective in writing this article, because I have a

A recent article from Brookings on potential consumer spending post Covid-19 makes an important point: The current decline in consumer spending has not been triggered by over-leverage or a financial crisis. Therefore, with the economic reopening, consumer spending is likely to accelerate significantly. With more than half of the population in the U.S. already vaccinated,

Tesla (NASDAQ:TSLA) stock is down about 14% so far this year, as of the close on May 25. But it continues to defy the shorts who believe it is deeply overvalued. The electric vehicle stock still has a massive $559 billion valuation. Source: Ivan Marc / Shutterstock.com Compare that to Ford Motor Co (NYSE:F) or

You can call it the end of an era for Qualcomm (NASDAQ:QCOM). CEO Steve Mollenkopf plans to retire this summer, amid a well-documented microchip shortage. So, should QCOM stock investors be worried? Source: Xixi Fu / Shutterstock.com Mollenkopf will be succeeded by current company president Cristiano Amon, who will undoubtedly bring a wealth of expertise and

Due to the onset of the novel coronavirus pandemic, Walt Disney (NYSE:DIS) hasn’t been able to rely on theme park visitors to keep the company afloat. Indeed, DIS stock holders have been forced to turn their attention to the company’s streaming service, Disney+. Source: Ivan Marc / Shutterstock.com Don’t get the wrong idea – people are

Alibaba Group Holding (NASDAQ:BABA) is going through what some wags call its “Cambridge Analytica moment.” Source: testing / Shutterstock.com They mean that like Facebook (NASDAQ:FB) before it, Alibaba has been caught in a scandal involving how it uses data. China’s government is cracking down on its “Cloud Emperors.” The company even suffered a loss in

Editor’s Note: This article is a part of our “Top Grad Stocks 2021” series, where our savvy market analysts recommend their best picks for new graduates’ portfolios. Check out “Money Moves for Recent Grads” for more finance advice and click here to see more stocks for your must-buy list. Source: Ken Wolter / Shutterstock.com With most colleges having concluded the school year

It has been a difficult couple of weeks for Tesla (NASDAQ:TSLA) investors. TSLA stock is down 35% from a 52-week high of $900. In the past month, shares have declined 21%, underperforming the S&P 500, which is flat over the same period. Market jitters aside, it’s clear the on again, off again short call on

One of the least favorite federal agencies, the Internal Revenue Service (IRS) is not known for its friendly posture. Nevertheless, let’s give credit where it’s due. The IRS had the good sense to know that many Americans were hurting. Therefore, it decided to extend its tax filing deadline to May 17. If you’re a procrastinator,

Just name an investment theme backed by a big idea. Chances are, numerous stocks associated with that theme have managed to soar to the stars, only to fall back to Earth in spectacular fashion. This is the nature of the beast with many investments, especially those tied to hot market trends and sexy growth narratives.

Five of the past eight trading days have ended in the red, driven by fears of inflation. Last week, the market was startled by the news that the Consumer Price Index (CPI) posted its largest month-over-month increase since 2009. Making matters worse was that CPI also had its largest year-over-year rise since 2008. Tech stocks

Cisco Systems (NASDAQ:CSCO) is like your favorite sports team, assuming you’re a real fan and don’t just follow whoever wins. It’s always wait until next year. Since its glory days during the dot-com era, when it was briefly the world’s most valuable company, CSCO stock has been regularly disappointing investors. It’s still about 35% below

As Republicans in Congress make a new push for federal legalization of cannabis, it’s a good time to hold some quality cannabis stocks. It’s expected that the legal cannabis market could be worth $100 billion in the United States alone by 2030. Further, Canada is already an attractive market and medicinal cannabis is gaining traction

Stem (NYSE:STEM) has a very profitable battery energy hardware and storage business that the market does not fully appreciate. Since going public via SPAC (special purpose reverse merger) on April 27, STEM stock has dropped 26% from $26.61 on April 28 to $21.10 on May 20. I think the stock is worth at least 71% higher

DraftKings (NASDAQ:DKNG) is set to turn around later this year and next.  A sports gambling and online gambling gain approval in a number of states, the total market for DraftKings will increase, allowing its revenue to keep growing at high double-digits. This will help push DKNG stock up to its former heights. Source: Lori Butcher

Lyft, Inc. (NASDAQ:LYFT) is probably at an inflection point. LYFT stock is set to move higher, and as such, it looks like good value here. People are starting to move and travel more as economic growth rises. Source: TY Lim / Shutterstock.com Lyft management said as much in their May 4 earnings release for Q1:

Is this a Cathie stock? In the post pandemic era of investing, this is a legitimate question on Wall Street. Of course, we are talking about founder of Ark Invest Catherine Wood. Today, I am checking on the risk to Fastly (NASDAQ:FSLY) stock, which was on her list. Source: Pavel Kapysh / Shutterstock.com FSLY stock

There’s no denying it: I’ve been bullish on lidar (light detection and ranging) company Luminar (NASDAQ:LAZR) for quite some time. However, I’ll admit that my recommendation of LAZR stock in March was ill-timed. Source: JHVEPhoto/shutterstock.com Unfortunately, the share price tanked in April and hasn’t regained its footing yet. So, does this mean it’s time to cut

Industrial stocks are going to be some of the busiest stocks in the market over the next couple of quarters. As we’ve seen, tech is beginning to correct after a massive run through the teeth of the pandemic. And now that the digital economy has had a run, it’s time for the industrial economy to

Which is why – amid the current technology sector meltdown of early 2021 – I want to rewind the clocks back to the last time the technology sector was in a complete meltdown: Back in late 2000. The internet euphoria that defined the late 1990s had completely disappeared. The Nasdaq was tumbling. Internet companies were

The last time I wrote about Plug Power (NASDAQ:PLUG) was in early April. It was a couple of weeks after PLUG stock had lost a chunk of its value due to the March 16 press release from the company acknowledging accounting errors going as far back as March 2019. Source: Shutterstock I quoted B. Riley

Cyprus-based dry bulk shipping specialist Castor Maritime (NASDAQ:CTRM) is obscure to many people, but a small group of thrill-seeking traders know CTRM stock quite well. Source: Pavel Kapysh / Shutterstock.com Since mid-2019, it has been classified as a penny stock, which is defined by the U.S. Securities and Exchange Commission as a stock that’s trading for less than

Shareholders of cloud storage company Box (NYSE:BOX) should be getting used to surprises by now. Yesterday, activist hedge fund Starboard Value LP issued an open letter to management, citing concerns over the company’s $500 million convertible preferred equity financing. This move follows Starboard’s proxy battle earlier this month to take greater control of the company.