Stocks to buy

Canaan (NASDAQ:CAN) is a fast-growing Chinese maker of ASIC (application-specific integrated circuit) cryptocurrency mining machines. Based on Canaan’s Q4 2020 earnings release from April, CAN stock looks cheap right now. Source: Mark Agnor / Shutterstock.com Long term, CAN stock could be worth as much as $18.77. That’s 46% higher than its current price of $12.83. The
0 Comments
Not infrequently, Wall Street focuses excessively on relatively inconsequential details and ignores the “big picture.” When that happens, great long-term buying opportunities are frequently created. I think that phenomenon is playing out now with clean-energy stocks in general and Stem (NYSE:STEM) stock in particular. Source: Lightboxx/ShutterStock.com Stem has developed software, powered by artificial intelligence, that
0 Comments
Theoretically, we really should have seen a renaissance in value stocks during the impact of the novel coronavirus pandemic. With an unprecedented crisis rippling throughout the international community, the global equity markets initially tumbled on the mass spread of the disease. If anyone wanted to go contrarian, they should have done so on the companies
0 Comments
The pandemic created a shift from storefront to e-commerce, which is a trend that bodes well for fintech stocks. With global saving rates topping $5.4 trillion, we are likely to see an increase in consumer spending as we approach the new normal. With the digital payments expected to be the norm in the future, all
0 Comments
If you’re a believer in the growth of electric vehicles (EVs), Chargepoint (NYSE:CHPT) remains an attractive opportunity. And even though CHPT stock is slowly beginning to bounce off its springtime lows, there is plenty of upside remaining. Source: YuniqueB / Shutterstock.com As you may recall, Chargepoint is a special purpose acquisition company (SPAC) stock that
0 Comments
Marathon Digital Holdings (NASDAQ:MARA) has been making news lately. It just brought on a new CEO on April 26 and also announced its preliminary first-quarter earnings on April 5. Both of these are bullish signs for Marathon, a Bitcoin (CCC:BTC-USD) mining company, and for MARA stock. My view is that MARA stock is worth about
0 Comments
Plug Power (NASDAQ:PLUG) stock is completely mispriced. In fact, many hydrogen stocks are ridiculously oversold at this point. Source: Shutterstock At the moment, PLUG stock trades just under its 200-day moving average. It’s also oversold on relative strength (RSI), MACD, and Williams’ %R, which I’d use as an opportunity to buy. With patience, (and greener days
0 Comments
It’s difficult to overstate the importance of artificial intelligence in the current world. Accenture (NYSE:ACN) survey indicates that “3 out of 4 C-suite executives believe that if they don’t scale artificial intelligence in the next five years, they risk going out of business entirely.” Given the potential market size and application across industries, AI stocks
0 Comments