By Alex Kagin, Director of Research, Money Morning • @alexkagin - • Print | Email
While Square and PayPal get all the attention, an under the radar fintech company could be one of the biggest winners of the economy re-opening this year.
I’m not talking about a small company either.
This company processed more than $44 billion in transaction volume in 2020 and plans to almost double that by 2022.
It’s projected to grow its revenue 25% just this year.
The best part is, the SPAC is trading close to its NAV, making this a prime buying opportunity.
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By Money Morning Staff Reports, Money Morning - • Print | Email
After a record runup in stock prices amid the pandemic, stocks are starting to hit a rough patch.
The Nasdaq hit its record high on Feb.
12, but less than a month later it's trending into the red on the year.
With stocks soaring to record highs amid the economic chaos caused by the coronavirus, investors are rightly anxious that stocks could tumble back down in a hurry.
Stocks have been up and down thanks to rising bond yields over the last few weeks.
But a bit of bad news about the pandemic or a more hawkish stance by the Fed could send stocks reeling.
But you don't have to fly blind here.
There's a market crash signal you can watch to help make decisions about your portfolio.
By Money Morning Staff Reports, Money Morning - • Print | Email
The travel recovery is coming, and it's going to be explosive.
As the pace of COVID-19 vaccinations continues to accelerate, demand for travel-related services is growing.
People are going to want to get out and about once again.
It will be a much-needed relief for the travel industry.
One of the most intriguing debates among investors is whether Airbnb stock or hotel stocks are a better play here.
Airbnb offers the tantalizing growth of a startup, while hotels are tried and true businesses.
The pandemic hurt each business in unique ways and their recovery could be different too.
By Alex Kagin, Director of Research, Money Morning • @alexkagin - • Print | Email
One of the most exciting SPAC mergers happening now is bringing Otonomo stock public.
While there has been a big focus on electric vehicles, charging companies, and autonomous technologies, I wanted to take a step back and think about what kind of companies can really benefit from all the changes happening in the automotive space.
Data is like oil and Otonomo is at the center of it all.
Find out how to play this breakthrough deal...
By Money Morning Staff Reports, Money Morning - • Print | Email
By now almost every investor knows the name Cathie Wood.
She runs ARK Funds, the largest actively traded ETF, and her trades have almost reached cult status as billions flow into her funds.
They recently reached the $50 billion milestone.
In South Korea, retail investors have even given her the nickname "Money Tree." Her funds have gotten so large that in many cases she owns more than 10% of a company's outstanding shares, an impressive feat for even the biggest fund managers.
And the fact that many of her funds are up over 200% since the lows in March of 2020, easily outpacing the broader markets, hasn't hurt either.
In short, when she makes trades, people follow.
By Money Morning Staff Reports, Money Morning - • Print | Email
The short-squeeze stock trade has taken center stage in 2021.
While many investors and traders are learning about it for the first time, it's a classic strategy that's been used profitably for years.
While GameStop Corp.
(NYSE: GME) is still in the news for another potential short squeeze, it's far from the only stock people are shorting.
Our experts are digging into the data to find good companies with unusual short interest – the perfect recipe for a short squeeze you can ride higher.
By Money Morning Staff Reports, Money Morning - • Print | Email
Royal Caribbean stock has become an investor favorite.
And for good reason.
RCL is already up 37% on the year, including a 7% pop on Wednesday alone.
The stock has plenty higher to go to catch up to it's pre-pandemic level too.
That's what makes it such an enticing buy.
But there's an even better way to buy it than scooping up shares right now….
By Money Morning Staff Reports, Money Morning - • Print | Email
The USPS finally announced the winner of its coveted contract to build an all electric fleet of delivery vehicles.
The $6 billion deal went to a company you may not know much about: Oshkosh Corp.
(NYSE: OSK).
Different EV companies, Workhorse Group Inc.
(NASDAQ: WKHS), was hyped as a likelier candidate.
Instead, Oshkosh found out they had been awarded the ten-year contract to modernize the U.S.
Post Offices fleet of vehicles.
This will be one of the most extensive overhauls of the Post Office's fleet of delivery vehicles in decades.
Shares of OSK popped 13%, while WKHS sank nearly 50%.
The surprise news has investors scrambling to do due diligence on the company.
That's what we're here for.
By Money Morning Staff Reports, Money Morning - • Print | Email
After hitting record highs in the middle of the pandemic, stock indexes are suddenly falling into the red.
That makes this the perfect time to shift some money out of more speculative assets into more durable high-dividend stocks that can pay you cash for owning them.
That's a tried and true strategy for fighting the uncertainty in markets.
Here are our top three picks...
By Money Morning Staff Reports, Money Morning - • Print | Email
A major retail sales report just rocked Wall Street week: People are spending money again.
Big time.
And one more thing.
Americans are getting stimulus checks up to $1,400 as soon as next month.
That's going to drive these sales even higher.
That explosion is going to be a pale imitation compared to the sales bonanza we'll see as more people are vaccinated and the pandemic heads off into the history books.
