Investing

Investors continue to ‘Snap’ up this social media stock. Here’s Why:

While the novel coronavirus crisis in 2020 hurt global economies and singed the corporate sector, social media stocks in the United States were outliers amid this pain. Companies in this segment witnessed stellar business growth, boosting values of their shares along with major Big Tech winners of Apple (AAPL), Amazon (AMZN), Google (GOOG), and Netflix (NFLX), among others. The likes of Facebook (FB), Twitter (TWTR), Snap (SNAP), Match (MTCH), Weibo
Investing

Music Stocks Strike the Right Chord with Investors

Music stocks in the United States, including those offering streaming services, were buzzing all through the pandemic year of 2020 on the back of windfall gains from higher subscriptions and ad revenues, among others.  Stay-at-home customers downloaded and paid their due for using more of such apps, and businesses rushed to advertise on such platforms to cash in on their popularity and reach. Stockholders of these companies were rewarded with
Investing

Kratos and Skechers: Hot Investments to Strengthen Your Portfolio

When the markets face constant fluctuations and investor battles like never before, it becomes necessary to understand what stocks are really performing well and are a reliable investment, both in terms of growth and for the long-term perspective. Two such stocks that grab attention are Kratos Defense and Security Solutions Inc. (KTOS) and Skechers U.S.A. Inc. (SKX). While Kratos has recently become popular in the market, having already returned 61%
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Stacks: The One Click Portfolio Investment

U.S. stock markets have been major wealth creators among other global equities, having withstood turbulent economic times,  one of them being the financial crisis in 2008. The main indexes of Wall Street — the S&P 500 (GSPC), the Dow Jones (DJI) and the Nasdaq (IXIC) — have maintained this trend over the past five years as well, more than doubling people’s investments.  5 year Returns of Major Wall Street Indices
Investing

SPACs: The Bullet Train For Firms To Go Public

SPAC (special purpose acquisition vehicle) was arguably one of the key buzzwords in 2020 when several companies raised billions of dollars to go public through such shell companies. For the whole of 2020, SPACs raised about $79 billion, and this momentum has accelerated into 2021 as such firms have already raised nearly $26 billion in share sales in January this year.   The well-received infusion was also followed by bumper listings
Investing

Lidar Stocks Are On Fire As Autonomous Vehicles Switch To The Fast Lane

As driverless cars gain popularity and get set for a large-scale adoption ahead, investors have bet big on the very core technology that drives the segment i.e. Lidar, which stands for light detection and ranging. The technology uses lasers and bounces it off surrounding objects to help computers (a car, in this case) detect distances, velocity and altitude, among others, and facilitate better navigation for self-driven cars. Shares of Lidar
Investing

Are retail stocks set to regain their mojo in 2021?

Retailers in the United States, especially those from the brick and mortar segment, witnessed a tough 2020, laden with massive losses, job cuts, and a plunge in consumer spending. Businesses were either forced to shut shops or file for bankruptcies. According to S&P Global, there were more than three dozen retail bankruptcies in 2020 — a 11-year high, while Coresight Research pegs retail store closures at more than 8,400. The numbers
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Tech-tonic Shift: Is Cloud Computing The Next Big Theme?

Technology shares have witnessed a phenomenal year, with Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google [Alphabet] (GOOG) — or FAANG stocks — being an investor’s delight, as the coronavirus boosted remote working and rapid digital adoption while forcing people to stay indoors and scout for entertainment content online. Not just for this year, FAANG stocks have been major wealth creators for investors. In about ten years, they
Investing

Airbnb and DoorDash’s Blockbuster Stock Debuts

Stock markets in the United States, a country with the highest number of coronavirus infections and record hospitalisations, are seeing one of the biggest investor appetites ever for new entrants. Several companies have lined up to go public, especially during the second half of the year, setting up December to be the busiest for the IPO market. In fact, data compiled by Bloomberg shows that companies have raised more than $160
Investing

Vaccine Release Increases Optimism For Battered Sectors

While the novel coronavirus continues its rapid spread in the United States, stock markets have sharply recovered from their historic lows hit earlier this year, thanks largely to the economic stimulus measures and rising hopes of a vaccine. The upbeat momentum received an additional boost in early-November when major vaccine makers such as Pfizer (PFE), Moderna (MRNA) and AstraZeneca (AZN) reported strong results from the trials of their COVID-19 vaccine