Today we’re going to talk about two of the biggest stocks of 2020 which were beneficiaries of the quarantine that followed this years pandemic. These are Palenton (PTON) and Zoom (ZM). There is a case I’d like to make about why they could mean revert quite a bit lower over time.
PFE and BNTX Stock Price Jump on COVID Vaccine News
Pfizer (PFE) and BioNTech (BNTX) were explosive earlier this week. All on news PFE just said its COVID-19 vaccine is 90% effective. “Amazing news from Pfizer with 90% efficacy. This hopefully is the beginning of the end of our fight against Covid,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, said, as quoted by […]
How Big an Investment Opportunity Are Vaccines?
There was great news this week about the novel coronavirus vaccine being developed by Pfizer (PFE) and Germany’s BioNTech (BNTX). The vaccine has been found to be more than 90% effective, and, if approved, it will be the first vaccine ever that uses novel mRNA technology. These results (although early and not independently vetted) far […]
Buying 9%, 11%, and 15% Secure Dividends at Bargain Prices
It is an exciting time to be an income-focused investor. Business results are improving, yet share prices have not recovered from the February-March crash. The lack of share price recovery allows us to pick up shares of solid income stocks at excellent yields. Who wouldn’t like earning 9%, 11%, or even 15% from an investment […]
Are Chinese Stocks a Buy Under a Biden Presidency?
There’s a whole lot to unpack from last week. After five days of waiting for definitive numbers, media outlets have called the presidential election for Joe Biden. Senate control may take until January to decide due to two runoffs in Georgia. In other words, the market has plenty to digest. Before we talk about trading […]
FATE Stock Price Handily Outperforms IBB
Fate Therapeutics (FATE) is one of the hottest biotech stocks of the year. Since 2020, FATE ran from a low of $18.80 to a recent high of $48.20, good for a return of 156%, as compared to the iShares Nasdaq Biotech ETF (IBB), which is up 16%. From here, FATE could see higher highs ahead […]
Trade of the Week: NIO
While most eyes were on the US election, Chinese electric vehicle maker Nio (NIO) is off to the races. NIO’s stock price has climbed over 37% this past week and is up a whopping 838% for the year. The company recently announced strong October sales and better than expected growth. At least one analyst expects […]
Buy These 3 High Yield Stocks on a Buyback Binge
There is frustration among numerous management teams of companies with high-dividend yields that the stock market has not credited for continued dividend payments. The result has been stock prices that fell and stayed down, resulting in tremendously high yields on the shares. I admire the companies that have protected their investors by not cutting dividends; […]
How to Play a Potential Infrastructure Bill
For the past few months we’ve been doing quite a bit of work on how to play a pending infrastructure bill. We’ve finally now narrowed down our positions to a few stocks, mainly etf’s. Today we’ll review these with a bit of a glimpse through the lens of charts.
AMD Agrees to Buy XLNX After INTC Sells Flash Memory
It was just last week when I told you that Intel’s deal to sell its loss-making NAND flash memory unit was the beginning of a move toward greater consolidation in the semiconductor industry. And sure enough, a few days later, another major deal was announced. This time Advanced Micro Devices (AMD) agreed to buy rival […]