Archives for May 2020

May 2020 - Page 13 of 13 - Money Morning - Only the News You Can Profit From

Is Zoom Stock Still a Good Buy Right Now?

If you're keeping in touch with friends, relatives and even work using Zoom you're in good company.

Up to 300 million other people worldwide are now using the software, according to CEO Eric Yuan, and that is up 30-fold since December.

Having folks stay at home has been very good to its maker Zoom Video Communications Inc. (NASDAQ: ZM).

But does that mean Zoom stock is a good buy right now?

Money Morning Chris Johnson, Quantitative Specialist, has your answer.

Read more...

3 Best High-Yield REITs to Buy in May 2020

While the media has focused solely on the demise of commercial real estate during the COVID-19 crisis, some sectors will see a boost in the aftermath of the economic shutdown.

First, e-commerce will expand in the years ahead, which will keep the economy growing.

While it is indeed horrible news for mall owners, it is good news for the owners of warehouses and distribution centers that service e-commerce.

Industrial REITs own precisely that type of property and should survive the crisis and thrive for decades on the other side of it all.

Today, we're looking at the three best REITs to buy in this space for May.

Read more...

3 Pot Stocks to Watch as States Eye Legalization

The National Institute for Cannabis Investors predicts the legal cannabis industry could soar as high as $300 billion over the next few years.

It was worth just $10 billion last year.

That's 2,900% growth.

And 2020 is providing many catalysts in that direction.

One of our three pot stocks to watch could soar 150% before the end of this year.

Read more...

Dow Jones Slides After Weak Outlooks from Apple, Amazon and Other Tech Firms

The Dow Jones is sliding on weal outlooks from some of Silicon Valley's largest companies.

The S&P 500 jumped 12.7% in April, and the Dow gained 11.1% for the month.

It was the Dow's fourth-largest monthly return since World War II and the best in 33 years.

But it's likely we're just beginning to see the economic effects of the pandemic.

Here's everything moving the Dow today.

Read more...

Microsoft's "Right-Hand Man" Could Double Your Money Before the Economy Recovers

"We're living in a time of rapid change," is a phrase I hear often in the media these days. I think that's a big understatement.

The coronavirus pandemic has transformed the world and the markets in a little over a month.

Nevertheless, it's tough to imagine anything that would change my strong conviction on Microsoft.

I've made no secret of the fact that I believe "Mr. Softy" is one of the best plays in a $160 billion cloud computing sector that's grown stronger by the day since 2.5 billion people went under lockdown.

It's not hard to understand the catalyst for that: Governments, institutions, and individuals have little choice but to work and transact business remotely where- and whenever possible. That includes Microsoft itself, by the way.

Cloud computing and storage is absolutely critical for that effort.

So, my Microsoft recommendation stands, of course, but today, I want to look at another long-term buy.

This firm is closely allied with Microsoft – like my dad used to say, "People judge you by the company you keep."

The company I'm about to name is actually integral to Microsoft's own success, so much so that its earnings could double in the next three years… Full Story

The company I'm about to name is actually integral to Microsoft's own success, so much so that its earnings could double in the next three years... Full Story