Stocks to buy

Initially, when the mysterious novel coronavirus first hit our nation, it felt as if the world had come to a standstill. In a way, it did, with major metropolitan across the globe looking like ghost towns. Then, a remarkable event occurred. People began pouring their money into the equities sector, boosting popular stocks to buy.

Here’s a bit of trivia for you: MindMed (NASDAQ:MNMD) is only the second developer of psychedelic drugs to get listed on a major U.S. stock exchange. Hence, it was a signal event when MNMD stock debuted on the Nasdaq Exchange in April. Source: Shutterstock It might strike you as speculative to invest in a psychedelic medicine company.

While Plug Power (NASDAQ:PLUG) has been dealing with accounting issues discovered in previous financial reports, PLUG stock has fallen 63% from its $73.18 January high close. But with the earnings restatement posted, is now the time to make a move? Source: Halfpoint/ShutterStock.com Plug Power has seen its shares punished over the past three and a half

Reportedly, cloud-based infrastructure company Snowflake (NYSE:SNOW) will report its financial results for the first quarter of fiscal-year 2022 (yes, you read that year correctly) on May 26, 2021. This leaves current and prospective SNOW stock investors with critical questions to consider. Source: Sundry Photography / Shutterstock.com Does it make sense to buy the shares now? Or,

Blue-chip stocks are shares of established, financially robust and profitable businesses. Many of them have brands, products, or services that set them apart from the competition and typically make them leaders in their industries. A large number of blue-chip stocks also have stable dividends — a fact that appeals to passive-income seekers. For this piece,

Quick question for you: Which company would be your first bullish pick in the post-novel coronavirus pandemic, e-commerce-driven economy? Maybe you didn’t immediately choose Fiverr International (NYSE:FVRR), but FVRR stock has performed surprisingly well — and I’d suggest that the biggest gains may be yet to come. Source: by InvestorPlace I covered Fiverr as a gig

Shortly after I last wrote about it, Hims & Hers (NYSE:HIMS) stock took off like a rocket, due to February’s stock market madness. Shares in this telehealth play soared from under $15 per share, to above $25 per share. But, in the weeks since, it has fallen back towards prior price levels. Source: Lori Butcher

Poshmark (NASDAQ:POSH) is looking like a decent buying opportunity right now, given how far POSH stock has fallen lately. In the past month, it is down over 30% as of March 26 at $39.64. It’s down $61.84 or 60.9% from its first day trading close (Jan. 14) of $101.50, and down from the IPO price

Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Bret Kenwell’s pick for the contest is Bed Bath & Beyond (NASDAQ:BBBY). As we neared 2021 in late December, some of us were on the hunt for the best stock of the upcoming year. For my pick, I cast my vote for Bed Bath &

It’s interesting the way a company can completely fly under the radar until a special purpose acquisition company (SPAC) is mentioned. A case in point would be LM Funding America (NASDAQ:LMFA), as Wall Street didn’t seem to care much about LMFA stock until a SPAC spin-off was announced. Source: Wright Studio / Shutterstock.com In actuality, I’ll

Chinese video game live streaming platform Huya (NYSE:HUYA) is an excellent representation of just how popular e-sports have become. Yet, with some Chinese stocks trending downwards in the back half of March, not everyone’s convinced that HUYA stock is still worth owning. Source: Piotr Swat / Shutterstock.com Is this a problem or an opportunity? The answer

For some gamblers, it’s not enough to bet on who will win or lose a game. Micro-betting is shaping up to be a major tailwind for sports betting equities like DraftKings (NASDAQ:DKNG) stock. Source: Lori Butcher/Shutterstock.com DraftKings is one of the best-known and most successful sports betting names on the market today. The stock is

Earlier this month, reversing my initial bearishness towards Churchill Capital IV (NYSE:CCIV) stock, I became a fan of the name . While I’m still concerned about the stock’s reliance on future projections, this SPAC (special purpose acquisition company) appeared to be worth the risk. Source: Around the World Photos / Shutterstock.com How’s the stock performed

Airbnb (NASDAQ:ABNB) stock drifted lower since the Feb. 25 release of its first annual earnings statement since going public on Dec. 10. Airbnb is down 1.7% since that report. Source: Tero Vesalainen / Shutterstock.com However, the stock is up 27.5% since the beginning of the year and up 163% from its IPO price. My analysis

On March 11, Coupang (NYSE:CPNG) launched its IPO, which was the largest foreign company offering since Alibaba (NYSE:BABA) came public in 2014 (the amount raised was a hefty $25 billion). On the first day of trading CPNG stock surged 41%. The company raised roughly $4.6 billion. Source: Ki young / Shutterstock.com Yet CPNG stock has

With the press coverage of Reddit group r/WallStreetBets, some traders are hunting for the next big meme stock. Moreover, there’s been speculation that the next Reddit run-up target could be real estate loan originator UWM Holdings (NYSE:UWMC). But, is this the only reason to own UWMC stock? Source: Shutterstock Wagering your hard-earned capital on a Reddit-fueled

Apex Technology Acquisition (APXT) was formed by Bessemer Venture Partners, which has been active as a venture capitalist in Silicon Valley since 1975. (Bessemer was founded in 1907 as the family office of a steel magnate.) APXT stock represents a special purpose acquisition company (SPAC). Source: NESPIX / Shutterstock.com Apex is using SPACs to take

Everyone knows about how Nikola (NASDAQ:NKLA) stock fell from its peak amid the ridiculous tenure of CEO Trevor Martin and his ignominious departure. Since then, the company lost its orders and other potential partners bailed out on the previous deals. NKLA stock has fallen to $13.40 as of March 25 from its previous peak of

Shares in hydrogen fuel system company Plug Power (NASDAQ:PLUG) have been a big mover in 2021. However, for the past two months, they’ve been going in the wrong direction. PLUG stock gained 950% in 2020, then started off 2021 with a 127% surge in the first three weeks. It’s been downhill since then, though. PLUG shares

After a bullish year of big gains for growth investors, market jitters have set in. The U.S. 10-year Treasury yield recently reached a 52-week high, now sitting above 1.7%. In January 2017, that yield was over 2.5%, and economists are debating whether we’ll soon see a return to those levels. But despite occasional pullbacks in

At the end of January, I recommended that investors looking to avoid the “dizzying valuations” that many tech names had reached consider fiber optic names, which could also be classified as 5G stocks. I pointed out that, “In a sense, the fiber optics sector is an obscure group within a partially forgotten catalyst” of 5G.

Red-hot Ocugen (NASDAQ:OCGN) stock has cooled off a bit lately. Right now, it appears that investors in OCGN stock are in wait-and-see mode. What are they waiting for? A few key catalysts that could take this stock much higher. Source: luchschenF / Shutterstock.com Indeed, shares of the pre-clinical biopharmaceutical company have traded sideways over the past

After Ayro (NASDAQ:AYRO) announced a promising partnership and unveiled a new electric vehicle (EV) that I believe has a great deal of potential, the outlook of AYRO stock continues to be very favorable. Source: Alexandru Nika / Shutterstock.com Further, certain aspects of Ayro’s recent sales of its new shares bode well for its stock price.

Despite an up-and-down performance so far in 2021, Nano Dimension (NASDAQ:NNDM) stock has had an extraordinary 12-month run. Source: shutterstock.com/Alex_Traksel The Israeli 3D printing company is up only 1.65% year-to-date, but that includes wild swings that saw the NNDM stock price soar by 83% and tumble by more than 50%. Over the last 12 months,

Founded during the financial crisis year of 2009, advertising automation platform Trade Desk (NASDAQ:TTD) has survived tough times and prevailed. Along with that, TTD stock traders have endured plenty of ups and downs, yet prospered in the long run. Source: BrightSpace / Shutterstock.com However, not every investor is 100% satisfied. That’s because the share price has

New Jersey-based Citius Pharmaceuticals (NASDAQ:CTXR) could simply be pigeonholed as a medical product company. But that’s an oversimplification. Prospective CTXR stock investors deserve a much more in-depth discussion of this fascinating company. Source: Iryna Imago / Shutterstock.com Citius describes itself as a “late-stage specialty pharmaceutical company” that develops and commercializes “critical care products, with a particular

Sentiment on Wall Street is somewhat sour. This is in spite of three out of four indices making new highs last week. Perception that stocks are suffering is overcoming the reality of the strength in equity. This is perhaps because of weakness in the largest mega-cap stocks in the Nasdaq. It’s the only index that

TPG Pace Beneficial Finance (NYSE:TPGY) stock is down 21% in the last month, giving investors the perfect opportunity to snap it up before its eventual merger  with EVBox Group, a global provider of smart-charging solutions for electric vehicles (EVs). Source: Nick Starichenko/InvestorPlace.com This “blank check company” ticks off all the boxes and then some. TPG

Bill Ackman tweeted on March 15 that he gave his entire stake in Coupang (NYSE:CPNG), the South Korean e-commerce company that went public on March 10, to three charitable organizations, including the Pershing Square Foundation. The move indicates the billionaire investor believes in the future of CPNG stock. Source: Ki young / Shutterstock.com It also

The recent growth sector meltdown at the hands of a bond market selloff and spiking U.S. Treasury yields has created some golden buying opportunities in the stock market, mostly because this “yield surge” is temporary while the fundamentals underlying many now-cheap growth stocks have long-term staying power. One such golden buying opportunity is in digital