The tired old joke in the wine industry is: how do you make a million dollars in the wine industry? You start with $10 million. It’s a notoriously difficult business fraught with complex issues involving farming, weather, distribution, complex regulation, retailing, consumer tastes and much more. Source: TonelsonProductions / Shutterstock.com Although there has been a
Stocks to buy
While the pandemic meant a setback for a number of sectors, digitalization grew apace — increasing the need for software and cloud services. In turn, the demand for cloud computing industry should grow further as more businesses adapt to work-from-home. And thus, software and cloud stocks should be hot options for investors. Overall, shares of
Last year, the pandemic sparked a global digital transformation as a large number of businesses and schools went online. Internet traffic in some countries increased by up to 60% shortly after the outbreak. These rapid technological changes resulted in considerable demand for microchips — and a shortage. Semiconductor stocks are set to benefit, as the
For years before the pandemic struck, digital transactions grew briskly. Giant financial institutions were too busy raising bank fees and offering subpar services. As e-commerce firms took market share from brick and mortar retailers, the need for digital payment systems grew. Fintech stocks are today’s darlings. Why? When the pandemic caused a sudden shutdown for
Lucid (NASDAQ:LCID) continues to be underappreciated by the market. Now that it is public, the luxury electric vehicle (EV) maker expects to start producing and delivering its sleek model Air sedan in the second half of 2021. Once that starts expect to see LCID stock move significantly higher to its inherent value. Source: ggTravelDiary /
The world is being automated. That’s just an inevitable byproduct of technological advancement. As technology gets better and better, it eventually reaches a point where it surpasses humans at certain tasks. When that happens, companies start using the technology in place of the human, because a technology is cheaper and faster. Automation is a natural
I was recently underwater on my latest investment in Intel (NASDAQ:INTC). But rather than sell my shares of INTC stock, I doubled down. Source: JHVEPhoto / Shutterstock.com While I love my shares in Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor (NYSE:TSM), I refuse to believe the conventional wisdom that Intel is a dead parrot. This is a
Solar energy has become a hot investment theme. Companies in the alternative energy industry are currently on a mission to help the global economy shift away from fossil fuels toward solar energy. This transition is expected to take many years as well as trillions of dollars, creating a compelling opportunity for long-term investors. Therefore, we
ViacomCBS (NASDAQ:VIAC) shareholders have had an almost indescribable 2021. VIAC stock started off the year with a surge that saw shares shoot up in value 174% by mid-March. Then, they crashed. Catastrophically. VIAC shed over half of its value in a single week. The company has had a major share offering, it’s been a meme
With a continued influx of mixed economic data, investors may be wondering what stocks to buy. For example, while yesterday’s report on weekly jobless claims met estimates, producer price increases came in hotter than expected. Even with the economic rebound still in play, surging cases of Covid-19 remain in the back of most investors’ minds.
One of the most interesting things about fuboTV (NYSE:FUBO) stock is the company’s plans for its sportsbook. The project could be revolutionary, as it combines streaming services with online gaming. Naturally, FUBO stock stands to benefit from this move. Source: Tada Images / Shutterstock.com As a result, investors wanted more information about its sportsbook when
Marathon Digital (NASDAQ:MARA) now finds itself in the middle of a Bitcoin (CCC:BTC-USD) mining bonanza. This is because the Chinese government shut down most of the country’s Bitcoin mining operations over the past two months. As a result, Marathon Digital has seen several benefits. In fact, the situation is going to raise the value of
Last Friday, I told you that – while electric vehicles are poised to take over the world – most electric vehicle (EV) startups will fail. The logic is simple. There are hundreds of EV startups out there today. Yet, history and common sense tell us that, when all is said and done, the electric vehicle
Shopify (NYSE:SHOP) stock has solid financial and the company continues to dominate the market and expand its merchant base. These are just the base factors that have pushed SHOP stock higher. Source: Beyond The Scene / Shutterstock.com Of course, they’re not alone. Tech stocks are gaining popularity in the post-covid world. Despite the pandemic, tech
Nio (NYSE:NIO) stock is still one of the hottest electric vehicle plays. Source: xiaorui / Shutterstock.com The last time I offered my opinion on the stock, I said I’d like to see NIO back to $67.50 long-term as company deliveries explode higher. That was on July 15 as NIO stock traded around $43. It hasn’t moved
An investment into Corsair Gaming (NASDAQ:CRSR) stock is worth a serious look. It isn’t a definite buy as the gaming company does face challenges, but there’s plenty of upside. CRSR stock now hovers just above its year-to-date low, last week’s $26.16 a share. Source: Rawpixel.com/Shutterstock.com The company is clearly in a strong growth environment. So,
Back in May, I wrote that Senseonics (NYSEAMERICAN:SENS) stock was likely to rise from $1.80 to over $3.00 per share. Now this has happened; on Aug. 9, SENS stock closed at $3.25 per share. Yet, it still looks like a good buy from here. Source: Minerva Studio / Shutterstock.com Why? Well, for the past three
There is a lot of reason to be bullish on Novavax (NASDAQ:NVAX) stock. No, the company’s Covid-19 vaccine has not been granted FDA approval. But that truth in combination with delta variant concerns and international sales prospects make Novavax powerful. Source: Ascannio/Shutterstock.com Novavax burst onto the scene in a major way back in the summer
Investors have been bullish for at least three years. Much of the credit goes to the Federal Reserve. As it is, Wall Street has a habit of overshooting in both directions. So it is not a surprise to see markets break records about breaking records. Today we will illustrate that over-reaction point with Uber (NYSE:UBER) stock.
Since trading began on Aug. 4, Novavax (NASDAQ:NVAX) has risen and fallen dramatically multiple times, starting about 28% higher at the start of Aug. 11. As a result, it seems the tight range NVAX stock has been trading in is about to go by the wayside. Source: Ascannio/Shutterstock.com However, if it wants to return to