Hot stocks right now
All rights reserved. It has since been updated to include the most relevant information available. For investors prepared to put in the work, there are plenty of gems to be found. I set out to pinpoint some of the hottest stocks to buy on the Street right now using the best analysts on Wall Street as guidance.
10 Hot Stocks Young Investors Bought as Coronavirus Hit
All rights reserved. It has since been updated to include the most relevant information. At least two groups of investors heeded his advice during the huge March selloff: corporate insiders and young investors. Young investors did the same. In other words, young investors went on a shopping spree for coronavirus stocks. That makes complete sense. The novel coronavirus outbreak, while a big deal today, is temporary. It will pass. When it does, stocks will bounce back, and continue on their multi-century trend higher.
So, if you have time on your side — which young investors do — then buying the dip is the smart move. Those in-demand, hot stocks include:. They also chased the rally in some red-hot coronavirus stocks, including bio-pharmaceutical company Inovio. Inovio burst onto the scene amid the coronavirus pandemic as the company developed a possible Covid vaccine, supposedly within just a few hours.
That possible vaccine is widely considered to be one of the leading vaccine candidates out there right now, and is presently going through clinical trials. If those trials yield positive results, then this tiny stock could fly higher over the next 12 months. Young investors were probably attracted to Inovio for two reasons. Two, the low price tag. There are a lot of companies out there developing potential vaccines and treatments for Covid Almost all of them have red hot stocks right now.
But only a few of them will make it through clinical trials, and actually produce any revenue or profit from these vaccines and treatments. As such, the risk-reward profile on INO stock seems asymmetrically skewed towards the downside at the current moment.
The U. Young investors were likely attracted to buy this dip on the idea that: 1 Ford is a huge car company that will survive this crisis, 2 automobile demand trends will rebound once pandemic fears fade, and 3 the stock slipped to dirt-cheap levels not seen since the Financial Crisis.
I agree on all fronts. Ford stock is a buy here. Led by the Mach-E, Ford is unveiling a broad portfolio of electric vehicles over the next few years. Much like Ford stock, American Airlines stock was killed in March as the coronavirus pandemic brought the global economy to a screeching halt. But, as they did with Ford stock, young investors bought the dip in American Airlines stock, probably because they see airline demand rebounding once the pandemic fades.
That will happen. Air travel is a huge part of our society. Once this pandemic passes, air travel demand trends will gradually recover, and within a few quarters, be back to fully normal. Also of note: the airlines are getting bailed out by the U. There is no insolvency risk here. American Airlines will survive this crisis. Sure, growth will be hampered by restrictions on the other side.
But, with insolvency risks mitigated and a potential demand rebound on the horizon, AAL stock does look quite tasty on this dip. The airplane maker and aerospace and defense contractor saw its shares get decimated in March. Young investors bought the dip. And reasonably so. Government aid will prevent this company from going under. Air travel demand will rebound once the pandemic passes, leading to increased demand for Boeing airplanes.
Revenues and profits — although they will be wiped out this year — should rebound in , and get back on a steady growth path over the subsequent few years. As all that happens, BA stock will rebound. The stock was overvalued up there. The cruise line industry has arguably been the hardest hit industry from the coronavirus pandemic. Not only has the pandemic brought the global economy to a screeching halt, killed discretionary spend, and kept consumers in their homes, but it has also been disproportionately affiliated with cruises, thanks to the plethora of cruise ships which had to undergo quarantine and were kept at sea for weeks.
As a result, cruise stocks have fallen off a cliff. Carnival, the biggest U. Cruise demand will be impaired for the next few years. But it will recover. As it does recover, cruise stocks will bounce back. To be sure, this recovery will take longer than the airline or hotel recovery. Industrial conglomerate General Electric was just starting to get its groove back in late and early Then the coronavirus pandemic struck. The global industrial economy came to a screeching halt.
I agree with the young investors on this one. The balance sheet risks are enormous. But I think GE has enough assets and financial levers they can pull to weather this storm and avoid insolvency. Young investors saw March weakness in tech giant Microsoft as a long-term buying opportunity — and they are right.
Of course, the coronavirus pandemic creates near-term headwinds for Microsoft. Consumer and corporate IT spend have dried up. But, longer-term, the pandemic actually creates multi-year tailwinds for Microsoft, by accelerating the consumer and corporate pivots towards cloud-hosted services. That is, the pandemic has been a not-so-subtle reminder that the physical world can be shut down at any moment by a pandemic, and therefore, everyone and every corporation needs to be able to work digitally.
In order to do that, everyone and every corporation needs to be on the cloud. Theme parks are closed. So are movie theaters. TV advertising budgets have been slashed. The pandemic will pass. The theme parks will be as busy as ever.
Movie theaters will re-open indeed, they are already re-opening in some states. TV advertising will rebound. This big streaming growth, coupled with a fortified balance sheet, will help Disney weather the coronavirus storm over the next few months.
Instead, they bought the dip in pot stocks, especially in Aurora stock. I like this bullishness on pot stocks. I broadly believe that the cannabis sector is due for a big rebound in the second half of Once the pandemic passes, new vapes and edibles products coupled with a more aggressive retail store opening process in Canada will spark accelerated demand growth. Rising demand plus falling supply is a recipe for rising revenues, expanding margins, and narrowing losses across the whole industry.
Aurora, on the flip-side, has a very stressed, cash-poor balance sheet. Last, but not least, on this list of hot stocks that young investors bought big in March is Tesla. So far, dip-buying Tesla in March has been the perfect call. Tesla is a long-term winner. Electric vehicles are the future of automobile transportation.
Tesla is just miles ahead in the electric vehicle game when its comes to technology, branding, production capability, and much more. For that reason, TSLA stock is worth holding for the long haul. But price matters. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm.
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DAL Delta Air Lines Inc. CCL Carnival Corp.
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It is widely regarded as the best gauge of large-cap U.
There's no better way to earn life-changing wealth in the stock market than growth investing. Well-chosen growth stocks can deliver returns of 10, 20, and even times or more your original investment, making you incredibly rich along the way. The key, of course, is to know which growth stocks to buy -- and when.
Best Share to Buy 2020*
Skilled active investment managers now have a huge opportunity to add value, writes Mark Hulbert. Ridesharing company Uber boasts competitive advantages, writes Vitaliy Katsenelson. This market yardstick with a strong track record sees U. Warren Buffett announced on Saturday that Berkshire Hathaway unloaded all of its positions in the airline sector. For one group of investors, him being wrong had to feel so Value strategies are underperforming as the stock market has rebounded from its mid-March lows.
3 Top Growth Stocks to Buy Right Now
When looking for the best stocks, investors should consider long-term performance, not short-term volatility. Are these the best stocks to invest in right now? Not necessarily. For more on index funds, jump to below this list. Picking individual stocks is difficult, which is why many investors turn to index mutual funds and exchange-traded funds, which bundle many stocks together. Likewise, investors can track the DJIA with an index fund tied to that benchmark. If you want to cast a wider net, you could purchase a total stock market fund, which will hold thousands of stocks. Make sure you have the right amounts in the right accounts because smart moves today can boost your wealth tomorrow. There are index funds that track a range of underlying assets, from small-cap stocks, to international stocks, bonds and commodities such as gold.
Nifty50 closed higher at See more.
All rights reserved. It has since been updated to include the most relevant information. At least two groups of investors heeded his advice during the huge March selloff: corporate insiders and young investors.
Top Stocks for May 2020
Your browser is not supported. Log In. Account Preferences Newsletters Alerts. Access insights and guidance from our Wall Street pros. Find the product that's right for you. In the articles and videos below, you'll find actionable trading ideas and stock picks from Jim Cramer, Stephanie Link and professional traders. It has made the most of the recent economic environment to maximize risk-adjusted returns compared to other stocks. While past performance is just an indication -- not a guarantee -- we believe this fund is among the most likely to deliver superior performance relative to risk in the future as well. B Good - The stock has a good track record for balancing performance with risk. Compared to other stocks, it has achieved above-average returns given the level of risk in its underlying investments. While the risk-adjusted performance of any stock is subject to change, we believe that this fund has proven to be a good investment in the recent past. C Fair - In the trade-off between performance and risk, the stock has a track record which is about average.
Top Stock Picks - Daily Stock Picks - TheStreet
It may be tough to find value stocks today given the turmoil in the market. Low price-to-earnings ratios may evaporate if earnings fall in , and even seemingly solid balance sheets may be exposed this year. Cell phone bills may now be more of a consumer staple than everything but food and housing. Smartphones have become ubiquitous to life as communication, work, and entertainment tools. That plays right into the hands of Verizon Communications. You can see below that Verizon's revenue and earnings have been choppy, but stable, as more devices are connected to its network.
