Are Stocks Off to the Races in December?

What propelled stocks (SPY) to new record highs once again to kick off December? And what is the outlook for the end of the year? Plus what stocks are likely to outperform as we turn the page to 2021? The answer to that and others awaits you in this timely market commentary below...

Dec 2, 2020 | 2:00pm

3 Top Growth Stocks to Buy and Hold for Long Term

Growth stocks generally outperform the broader market in the long run. And the recent sell-off of ‘stay-at-home’ stocks has created a great opportunity to buy at relatively attractive prices some high-growth stocks that were trading at high levels a few months ago. Apple (AAPL), Amazon (AMZN), and Facebook (FB) are examples of three such growth stocks that have plenty of upside from the current levels.

Dec 2, 2020 | 3:48pm

Swerve to Avoid these 2 Electric Vehicle Stocks in December!

The EV sector is currently witnessing a retreat as several new companies this year have entered the industry via reverse mergers to benefit from surging demand. Hence, weak players like Hyliion Holdings (HYLN) and Kandi Technologies (KNDI) should be avoided in the near-term because they have poor prospects and are susceptible to deeper pullbacks.

Dec 2, 2020 | 4:32pm

3 Top Airline Stocks to Buy for a Post Pandemic-World

Southwest Airlines Company (LUV), China Southern Airlines Company (ZNH), and Allegiant Travel Company (ALGT) are three top airline stocks that have major upside as pent-up demand for travel is unleashed sometime in 2021.

Dec 2, 2020 | 3:04pm

4 Dividend-Paying Tech Stocks to Buy Before the New Year

Tech stocks have underperformed over the past couple of months. However, there are some reasons to believe that the sector could do well especially into year-end. Given the Fed's determination to keep rates low, investors should consider dividend-paying, tech stocks like CSCO, AMAT, TSM, and GLW.

Dec 2, 2020 | 10:27am

Should You Buy the Dip in Workday?

The demand for Workday’s (WDAY) cloud application is likely to increase in the upcoming months as the second wave of coronavirus further accelerates the current digital transformation. This could lead to a substantial increase in earnings and revenue for the company. Hence, the recent dip in price may be a good buying opportunity.

Dec 2, 2020 | 4:16pm

3 "Strong Buy" Cannabis Names to Add to Your Portfolio for 2021

As the legalization of cannabis sweeps across parts of the United States, investing in stocks like Aphria (APHA), Cronos Group (CRON) and Canopy Growth (CGC) will likely deliver gains because they are strategically positioned to benefit significantly from the increased use of cannabis.

Dec 2, 2020 | 4:02pm

Is Trade Desk Still a Buy at This Lofty Price Level?

Trade Desk (TTD) hit its 52-week high yesterday, raising concerns over the stock’s valuation. However, this premium valuation looks justified given the company’s impressive financials, solid short-and-long-term bullishness and underlying industry strength. Is it a buy now? Let’s find out.

Dec 2, 2020 | 3:32pm

Innovative Industrial Properties: Buy, Sell, or Hold?

Shares of Innovative Industrial Properties Inc. (IIPR) have experienced a significant rally so far in 2020. Will the stock continue to make new highs?

Dec 2, 2020 | 3:28pm

3 "Strong Buy" Green Energy Stocks (Not Named Tesla)

Contrary to a widespread perception, the clean energy industry is not limited to Tesla (TSLA). Companies such as Hannon Armstrong Sustainable Infrastructure Capital (HASI), EnerSys (ENS), and Sunnova Energy International (NOVA) have been evolving quickly and now contribute significantly to the sustainable energy drive worldwide.

Dec 2, 2020 | 3:24pm

Alibaba vs. MercadoLibre: Which E-Commerce Stock is a Better Buy?

With the world getting comfortable with the new normal, e-commerce platforms have been seeing steady growth. More customers now prefer shopping online and that trend could continue even after the pandemic. Both Alibaba (BABA) and MercadoLibre (MELI) have geared up ahead of the holiday season. But let’s find out which of these two stocks is a better buy now.

Dec 2, 2020 | 3:00pm

Plug Power vs. Cummins: Which Hydrogen Stock is a Better Buy?

Hydrogen fuel cell systems are being touted as the newest wave in the renewable energy space. Global leaders have been taking steps to move toward a carbon-neutral economy as climate change is becoming a major concern. The two emerging players in this space — Plug Power, Inc. (PLUG) and Cummins Inc. (CMI) — should gain further as we move toward a greener economy. But let’s find out which of these stocks is a better buy now.     

Dec 2, 2020 | 2:35pm

3 “Strong Buy” Steel Stocks to Own for 2021

The steel industry has been a major underperformer since late-2018 but is starting to see a big rebound as the economy recovers. As we are nearing an effective coronavirus vaccine, the infrastructure space is expected to rebound. Arcelor Mittal (MT), Cleveland-Cliffs (CLF), and United States Steel (X) are three steel stocks that are currently trading at attractive valuations and could deliver robust returns next year.

Dec 2, 2020 | 2:05pm

3 Top Telehealth Stocks to Own in 2021

The COVID-19 pandemic has altered the healthcare landscape and boosted the adoption of telehealth like never before. Rising cases of chronic diseases, an ageing population, and an advancement of technology have been driving the growth of digital healthcare. Stocks such as Anthem (ANTM), Teladoc Health (TDOC), and Nuance (NUAN) could provide solid returns in the near future.

Dec 2, 2020 | 1:39pm

5 Things Investors Can Expect in 2021

Today's article features the SPY and reveals the "5 Things Investors Can Expect in 2021." Read on for all the details.

Dec 2, 2020 | 12:26pm

Why Workday is Setting Up for a Big Move in December

A symmetrical triangle pattern has formed in the chart of Workday, Inc. (WDAY). The stock could be setting up for a big move this month. Learn when to enter a position to profit from this trade.

Dec 2, 2020 | 9:49am

3 Top Food Stocks to Buy for the Upcoming Holiday Season

As the holiday season is upon us, people will be spending more money on food than usual. This includes everything from food staples to treats. Here are three food stocks worth considering for your portfolio: General Mills (GIS), The Hershey Company (HSY), and Hostess Brands (TWNK).

Dec 2, 2020 | 9:41am

3 "Stocking Stuffer" Stocks Priced Under $10

With Christmas coming up, Patrick Ryan found three stocking stuffer stocks priced under $10. Wipro Limited (WIT), Sirius XM Holdings (SIRI), and Zynga (ZNGA) may be trading at a low price but have plenty of potential for gwoth.

Dec 2, 2020 | 7:30am

4 Top Stocks with More Room to Run in December

With the stock market hitting new records yesterday, investors continue to look for the next big thing. One strategy to find new winners is to look at a stock's potential upside. Here are four stocks with plenty of upside for December: Honda Motor Company, Ltd. (HMC), PulteGroup, Inc. (PHM), Group 1 Automotive, Inc. (GPI), and Knight-Swift Transportation Holdings Inc. (KNX).

Dec 2, 2020 | 7:00am

2 "Buy-Rated" Electric Vehicle Stocks to Grab in December

Supportive fiscal and monetary policies are expected to help drive a growing demand for EVs and should provide a significant boost to the performances of commercial vehicle manufacturer Workhorse Group (WKHS) and EV charging equipment producer Blink Charging (BLNK). As the expected fiscal stimulus and arrival of coronavirus vaccines pull the United States out of recession, these two stocks should deliver significant returns.

Dec 1, 2020 | 5:37pm

Tesla vs. Li Auto: Which Electric Vehicle Stock Is a Better Buy?

If you're looking to buy shares in an electric vehicle stock, is it better to buy Tesla (TSLA) or Li Auto (LI) right now?

Dec 1, 2020 | 5:30pm

After a Big Rally, is Pet Stock IDEXX Still a Howling Buy?

The pet healthcare industry has been among the major beneficiaries of the pandemic as working-from-home arrangements have afforded workers more time to care for their pets. IDEXX Laboratories’ (IDXX) improving financials owing to this trend should allow the stock keep soaring in the upcoming months.

Dec 1, 2020 | 4:51pm

4 Stocks That Will Make New HIGHS in December

The market has had a strong start to December. Certain companies will thrive with the economy returning to normal, and the Fed's low-interest rates. GOOG, PYPL, EAT, and DIS are four stocks worth considering.

Dec 1, 2020 | 4:32pm

Nio vs. Ayro: Which Electric Vehicle Stock is a Better Buy?

The EV industry is projected to boom as EVs go from being a niche market to become the dominant form of transportation. Investors are eager to invest in companies with the best prospects. Will Ayro (AYRO) live up to market expectations and provide stiff competition to Chinese leader NIO (NIO)? Read more to find out.

Dec 1, 2020 | 4:24pm

4 Stocks to Consider Snapping Up as Oil Rebounds

A big rally in oil stocks may be in the cards amid positive developments on the COVID-19 vaccine front, a weakening US dollar and a surprise decline in US crude supplies. Here are four oil stocks that could ride the rebound: Total S.A. (TOT), Enbridge (ENB), Halliburton (HAL) and Hess (HES).

Dec 1, 2020 | 4:22pm