Archives for December 2020

December 2020 - Money Morning - Only the News You Can Profit From

Starlink Stock Could Be Like Buying Tesla at $40

The chance to make 700% gains on a stock doesn’t come around everyday.

And when it does come around, you have to act.

That could very well be what we’re seeing with Starlink stock, a potential space IPO from Elon Musk.

You see, Tesla shares are up a whopping 700% this this year alone, so Musk knows a thing or two about making shareholders money on big tech breakthroughs.

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3 Best Cheap Growth Stocks Offer 300% Returns

It has been quite a year for the stock market, which makes finding the best cheap growth stocks increasingly difficult as the S&P 500 (up 15% YTD) and NASDAQ 100 (up 47% YTD) climb.

The rally off the March lows has been breathtaking, with the S&P rising over 70% since the darkest days of March.

The rally has been fueled by the big growth stocks like Tesla Inc.

(NASDAQ: TSLA), Zoom Video Communications Inc.

(NASDAQ: ZM), and other big-name companies that have dominated the headlines this year.

If you listen to the talking heads right now, you would get the impression that all growth stocks are trading at ridiculous valuation multiples and are just too expensive to buy at these levels.

Believing that could be the most expensive mistake you ever make.

There are dozens of companies that are growing their free cash flow by double-digit percentages every year that trade at reasonable valuations.

They are not attracting the headline some of the hyper-growth stocks have received this year.

Still, history tells us that companies with this type of steady growth ultimately reward shareholders very generously… .

Here are my latest three best cheap growth stocks to buy today for the new year...

The Best Dividend Stocks with Yields over 7%

The search for income will not be any easier in 2021 than it was for most of 2020.

The U.S.

Federal Reserve has vowed to keep rates low to support the economy as we deal with the pandemic's economic fallout.

We can tell this from the Fed's projection at its August meeting.

It doesn't look like we will see meaningful action towards higher interest rates until 2024 at the earliest.

But the best dividend stocks are still paying more than 7%. We're sharing them with you today.

How to Profit as the "T-Rex of Tech" Struggles to Recover

As we close out the 2020 trading year, one of the worst performing stocks of the Nasdaq took us by surprise..

With everything in favor of this primordial tech titan, it should be thriving as we head into the new year, but after it's fifth consecutive month locked in a bear market, it's time to make a put trade, according to pro-trader Chris Johnson.

Check out the full trade details here, in the latest edition of Fast Profits with Money Morning...

5 Popular Stocks to Avoid in 2021

2021 is shaping up to be a breakout year for stocks.

Some stocks, at least.

A lot more stocks will struggle.

We're here to make sure they don't wind up weighing down your portfolio.

The pandemic has accelerated changes in how we live and do business.

That's been great for some companies, like Zoom Communications (NASDAQ: ZM).

It's going to get a lot worse for some other stocks.

These will be stocks to avoid in 2021.

And we'll show you not only how to find these stocks on your own, but we'll show you five stocks to steer clear of too.

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The Best Comeback Stocks to Buy in 2021

Investors who are trying to time the potential rebound in cruise ships, airlines, hotels, and restaurant stocks that have been hammered by the pandemic have the right idea..

But we can do even better.

Sure, some of those stocks may bounce, but the earnings rebound in these companies will not really start until the second half of the year.

Here are the best comeback stocks to buy for 2021 that don't need to rely on a COVID-19 vaccine being widely distributed.

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Why Lemonade Stock Is Dropping Now

The biggest FinTech IPO of 2020 lost around 20% of its share price on Monday (Dec.

28).

Lemonade Inc.

(NASDAQ: LMND) fell in preparation for the post-IPO lockup period is set to end… today.

Brace yourself.

It's going to fall further.

If you were thinking of buying some Lemonade shares, this is not necessarily a bad thing.

In fact, it can work out for you pretty well down the road – you just have to play it right.

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These Angel Investing Opportunities Could Outperform the Market in 2021

If 2020 holds any lessons for us – and I think it does – surely the power of preparedness is right up there.

This past year was remarkable in many ways, but what stood out to me most in 2020 was the rapid adoption of tech in business. In short, the coronavirus pandemic forced most companies to adapt to remote work. Those that couldn't suffered; brick-and-mortar business was one of COVID-19's biggest casualties.

In this environment, three industries quickly emerged as frontrunners, and my experience tells me they'll build on and even exceed that performance in the year ahead of us; I'll be watching these like a hawk in 2021, because I expect to see substantial growth and, even better, outsized returns for folks with the wisdom to get in on the ground floor… Full Story