Archives for November 2020

November 2020 - Page 2 of 7 - Money Morning - Only the News You Can Profit From

3 Top Tech Stocks to Avoid Right Now

It seems like every day we get good news about progress on a vaccine for coronavirus.

Unfortunately, a vaccine could mean headwinds for some of this year's favorite tech stocks.

Even though these companies are great, their stock prices have gotten a little overheated, which means it's best for investors to avoid buying them right now.

Read more...

Why FUBO Is the “Cord-Cutting” Profit Play of 2021

With people spending more time at home, subscriber totals for Disney Plus, Netflix, and Roku have ballooned by the tens of millions, and 80% of U.S. households now have at least some way to stream videos.

The quality and amount of content is incredible, but there's something that's been lacking with the services listed above – the ability to just sit down and channel surf live TV, have live news updates running in the background, and watch your favorite sports as they are being played.

Thankfully, products like Alphabet Inc.'s YouTube TV, DISH Network's SlingTV, and Walt Disney Co.'s Hulu Plus Live TV have all helped us unplug from the traditional cable companies that charge an arm and a leg for a bunch of extra channels we don't want or need.

You can now watch live TV with a simple Internet connection anywhere and on any device.

But there's one company that stands out to me above the rest – one that I have been excited about since I spoke with its CEO earlier this year on the Nova-X lifetime podcast, Digitization-X.

Back in July, when I had my one-on-one interview with the CEO, the stock was trading around $10.

Today, it's at $16. But that won't last...

Here's Whether Lilium Stock Is a Buy After the IPO

"Flying cars" used to be an example of technology so far off, you wouldn't see it in your lifetime.

A Munich-based company called Lilium is changing that.

It's making "The Jetsons" real.

Retail investors are itching for a chance to get in on Lilium stock.

That might take a while.

No Lilium IPO date has been set yet.

But you want to keep this on your radar for when it goes public.

Read more...

Best Call Options to Trade Now for 300% Profit Potential

With all the enthusiasm over a new vaccine, money is flooding back into stocks, but investors and traders alike are leaving profits on the table if they aren't trading call options on the right stocks.

Just look what happened in the market last week.

Pfizer Inc.

(NYSE: PFE), which has a 90% effective vaccine in the final stages of testing, announced that it was, in fact, 95% effective.

That news bookended other news that Moderna Inc's (NASDAQ: MRNA) vaccine was 94.5% effective in trials.

That's poured gasoline on an already hot stock market.

But just buying any old stock and hanging on for the ride isn't a profitable strategy.

But trading these call options is...

3 Best Penny Stocks with 273% Upside Potential Right Now

More good news on the vaccine front is continuing to power big rallies in the stock market this week.

While a lot of the money is flowing towards the big-name stocks and index funds, there are even more exciting opportunities in penny stocks right now.

You see, the best penny stocks aren't the speculative stuff you find on the pink sheets.

These are stocks in real businesses making real money with real upside potential.

They just happen to be trading in the price range of a penny stock, under $5 a share.

Even better, because of their low share price, the vaccine rally could send some of the top penny stocks soaring higher.

Read more...

Is Now a Good Time to Buy Airline Stocks?

Now that we have two very effective coronavirus vaccines heading for the market, things appear to be looking up for the airlines.

Airline stocks have rebounded sharply in the last few weeks as it increasingly looks like we will be able to put the pandemic behinds us next year.

United Airlines (NYSE: UAL), for example, is up 20% since the start of November.

And if UAL rebounds to it's January highs investors could make over 100% profits.

That profit potential has investors asking the same question, "is now the time to buy airline stocks." The answer is yes.

And no.

Let us explain...