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2 Stocks to Buy and Hold for Decades
The week that was in 10 stocks: RIL, Axis Bank, NIIT Tech & scrips that slid up to 23%
14 Best Stocks in Nasdaq: Buy or Sell Ratings

Updated: May 08 pm ET. Most Popular Stocks Apple Key Stats year yield 0. Updated: May 8. Sector Performance.

Stock Price Quotes List

Investing in stocks might not make you rich overnight, or even over the course of a few years. However, buying stocks and holding them for a long time -- and letting the magic of compounding do its thing -- is a time tested way to grow your wealth over time. Not all stocks are created equal, though, and picking the right stocks to add to your portfolio is critical to the success of this strategy.

NeoGenomics runs a network of oncology-testing laboratories. The company offers genetic-testing oncology services to hospitals, pathologists, and oncologists, which help detect cancer earlier, thus significantly improving the patients' chances of survival. NeoGenomics also helps drugmakers through the clinical trial process. NeoGenomics has easily outperformed the broader market over the past three years.

NEO data by YCharts. VanOort, said the following:. The volume decline is understandable. In many regions of the country, oncology practices reduced their hours of operation and postponed or canceled patient appointments.

Similarly, many hospitals reduced surgeries as they devoted resources to COVID preparations and urgent needs. VanOort believes these headwinds are temporary, and once the ongoing public health crisis ends, the company's business should get back on track.

And once it does, investors who buy shares of NeoGenomics now will likely be glad they did. With an aging population -- and an increase in cancer incidence -- the oncology testing industry is set to continue growing. As the leading oncology-testing company on the market -- which offers a breadth of test offerings that is second none -- NeoGenomics is well-positioned to profit from these trends.

Facebook's business has also been impacted by the ongoing crisis. The social media giant experienced a "steep decrease in ad revenue in March," according to the company's CFO, David Wehner. However, Facebook's ad revenue seems to have recovered: "We have seen signs of stability reflected in the first three weeks of April," said Wehner. Also, Facebook's user base got a boost as a result of people being forced to stay at home.

During the month of March, the company had 1. And while the company does expect the increased engagement to decline once social distancing measures are pulled back, no other social media company boasts a network nearly as large as that of Facebook.

Unless Facebook loses a large percentage of its users -- which seems unlikely -- the company will continue attracting advertisers on its platform. Further, Facebook has many other assets at its disposal, including Instagram, which is one of the most popular social media platforms in the world. Facebook launched Instagram Checkout last year, which allows Instagram users to purchase items directly from the app.

This move likely helped increase advertising on Instagram, as retailers increasingly looked to reach customers on the platform -- and vice-versa -- because of the convenience Instagram Checkout offered.

Thanks to its dominance in the social media space, Facebook will remain a juggernaut for a long time. Investors looking for stocks to park in their portfolios should take a serious look at this tech giant. May 9, at AM.

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Investing in stocks might not make you rich overnight, or even over the course of a few years.

The week that was in 10 stocks: RIL, Axis Bank, NIIT Tech & scrips that slid up to 23%

Many of the best stocks in the stock market this week are in the Nasdaq index. The Nasdaq turned positive this week as the stock market continues to go up despite the historic number of jobs lost since the coronavirus pandemic put Americans in quarantine. Here are the best stocks in the Nasdaq this week by their performance in percentage change at the last close May 9. TheStreet Quant Ratings rates Jd. Not based on the news on any given day, the rating may differ from Jim Cramer's view or that of this articles' author. Want to be alerted before Jim Cramer buys or sells any stock?

14 Best Stocks in Nasdaq: Buy or Sell Ratings

Stock also capital stock of a corporation , is all of the shares into which ownership of the corporation is divided. This typically entitles the stockholder to that fraction of the company's earnings, proceeds from liquidation of assets after discharge of all senior claims such as secured and unsecured debt , [2] or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes of stock may be issued for example without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of shareholders. Stock can be bought and sold privately or on stock exchanges , and such transactions are typically heavily regulated by governments to prevent fraud, protect investors, and benefit the larger economy. The stocks are deposited with the depositories in the electronic format also known as Demat account. As new shares are issued by a company, the ownership and rights of existing shareholders are diluted in return for cash to sustain or grow the business. Companies can also buy back stock , which often lets investors recoup the initial investment plus capital gains from subsequent rises in stock price. Stock options , issued by many companies as part of employee compensation, do not represent ownership, but represent the right to buy ownership at a future time at a specified price. This would represent a windfall to the employees if the option is exercised when the market price is higher than the promised price, since if they immediately sold the stock they would keep the difference minus taxes.

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