Chargepoint (NYSE:CHPT) is set to rise to around $31.50 per share according to my calculations, up from its Aug. 20 closing price of $21.26. This is my latest valuation of the electric vehicle (EV) charging company and CHPT stock, based on the company’s latest first-quarter earnings and analysts’ future estimates. Source: YuniqueB / Shutterstock.com However,
Stocks to buy
Companies rushed to have their employees work from home as governments imposed locked downs. This led to a goldrush in stay-at-home investments, particularly for technology firms. Software companies that enabled virtual meetings and remote working flourished while other sectors floundered. Now that countries in the developed world have rolled out vaccinations, investors should consider hot
Following its debut on the NASDAQ exchange, Robinhood (NASDAQ:HOOD) might just be “the first meta-meme stock.” But that by-itself doesn’t make buying shares in the brokerage app a strong opportunity. As I recently broke it down, there are many reasons why chasing the stock after its IPO isn’t the best move. Traders who flipped it shortly
Air travel in the U.S. is showing some new signs of weakness thanks to the Covid-19 Delta variant. What does that mean for companies like American Airlines (NASDAQ:AAL)? Source: GagliardiPhotography / Shutterstock.com Well, it depends on what kind of investor you are. If you’re looking for a quick turnaround profit, airline stocks probably aren’t your
As forward thinking as Warren Buffett is, Berkshire Hathaway (NYSE:BRK.B) — the multinational conglomerate holding company Buffett spearheads — has never invested in Tesla (NASDAQ:TSLA). That has led some folks to question whether he likes Tesla or even electric vehicles. But look beyond the noise, and you’ll find that the Oracle is quite bullish on
AT&T (NYSE:T) made a deal that will sharply cut both its debt and risk. While T stock declined sharply afterward, the shares are worth buying for certain investors. Source: Jonathan Weiss / Shutterstock.com Making T stock even more appealing, AT&T is poised to benefit meaningfully from the bipartisan infrastructure bill that was recently passed by
A global shortage of semiconductors has turned the industry upside down. The demand for chips was high even before the pandemic started, due to the rollout of 5G. However, the coronavirus pandemic drove that demand much higher as millions bought laptops, cell phones, and gaming devices as they sheltered in their homes. While many analysts
Tesla (NASDAQ:TSLA) is back in the news again — but for all the wrong reasons. Earlier this week, the National Highway Traffic Safety Administration (NHSTA) opened a formal safety probe into the company’s driver assistance system Autopilot after a series of crashes at emergency scenes. The probe is the latest evidence that U.S. authorities are
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
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