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It’s time to look for strong, potential breakout stocks. All as the outlook for the U.S. economy and the overall stock market start to improve. For one, there are multiple signs that the economy is not headed for a significant downturn.  In fact, in an interview with CNBC, Bank of America (NYSE:BAC) CEO Brian Moynihan said…

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After months of regulatory fears eating away at their market capitalizations, Chinese stocks are up across the board following a surprisingly lucrative “Singles’ Day.” Respectively, Chinese e-commerce companies Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) are up about 3% and 8% so far as the markets react to excellent sales numbers from the holiday. Source: Shutterstock Singles’…

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I recently read an article discussing the 20-year performance of Toronto-Dominion Bank (NYSE:TD), one of Canada’s biggest banks. I wonder if there are stocks to buy that will do better than TD over the long haul. I like to use Morningstar.com for projecting annualized returns. Since it only goes as far out as 15 years,…

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At the start of the novel coronavirus pandemic, many folks — including this author — felt that the impeding crisis was the beginning of the end. Back in January and February of last year, we were all treated to worrisome footage of people dropping on the street dead. That the same fate would soon overcome…

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When you type “oversold stocks to buy” in your search bar, you get millions of results. One could argue that since the S&P 500 hit an all-time high in early September, there aren’t many stocks that qualify for this screen. However, with the financial woes of China Evergrande Group (OTCMKTS:EGRNF) knocking the global markets for…

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How bad has it gotten for Chinese stocks?  Well, ARK Invest portfolio manager Cathie Wood recently lowered her biggest exchange-traded fund’s (ETF) holdings in Chinese stocks to 0.2% of the portfolio (as of Aug. 9), down from approximately 8% in February. ARK Innovation ETF (NYSE:ARKK) currently has $25.5 billion in assets. That’s a considerable retreat. And while…

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The pandemic has flipped the script of several aspects of our lives, and the cosmetic industry is no exception. An array of new beauty trends have emerged in the past year, which have compelled cosmetics businesses to reevaluate their strategies. Moreover, beauty stocks represented by the Consumer Staples Select Sector ETF (NYSEARCA:XLP) have trailed the…

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Despite plenty of evidence that bullish sentiment appears stretched — with the ongoing novel coronavirus pandemic still a stubbornly key component — the reality is that the benchmark indices continue hitting all-time highs. Therefore, you might be tempted to continue piling into growth investments. However, it may be time to reconsider this narrative and instead…

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Beauty stocks are set for a whole new look with industry revenues expected to surpass 2019 numbers this year. For much of 2020, companies in the sector were overshadowed by pandemic headwinds. Limited social events and lower foot traffic in stores meant poor sales and earnings. On the flip side, skincare and personal care products…

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Luxury brands thrive on tourism and consumer optimism suggesting the strong economic recovery ahead will be a boon for luxury stocks. Lockdowns and store closures led to billions of dollars in savings for many households. Research shows that total savings globally amounted to over a trillion dollars over the past year. Needless to say, independent…