Stocks

Stocks Close Out April With a Whimper

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Twitter dropped after downbeat results.


Alastair Pike /AFP via Getty Images

U.S. stocks declined to close out the month, as economic data confirming a U.S. growth rebound and strong earnings results failed to boost shares.

The

Dow Jones Industrial Average

 fell 185.51 points, or 0.5%, to 33,874.85. The

S&P 500

 dropped 30.30 points, or 0.7%, to 4,181.17, and the

Nasdaq Composite

 declined 119.86 points, or 0.9%, to 13,962.68.

Even with Friday’s losses, though, major benchmarks posted monthly gains after a slate of better-than-expected earnings reports. The Dow gained 2.7% for April, while the S&P 500 posted a 5.2% advance and the Nasdaq Composite rose 5.4%.

Notably, while the broad market’s gains are normal for a strong earnings season, individual companies aren’t being rewarded as much as usual for beating forecasts, Deutsche Bank strategists pointed out in an April 29 note. Even so, U.S. companies’ strong quarterly results have

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10 Best Telecom Stocks to Buy Right Now

In this article we will take a look at the 10 best telecom stocks to buy right now. You can skip our comprehensive analysis of the telecom industry and go directly to the 5 Best Telecom Stocks to Buy Right Now.

The long-term value that telecommunication stocks offer often seem to flow under the radar of investors who are looking for shorter plays on more highly rewarding options. However, for an industry that is expected to be worth more than $3.4 trillion in the coming years with a compound annual growth rate of 6%, and is dominated by established businesses with stable revenues, it is somewhat surprising that the telecom sector does not get the attention it deserves in the market these days, especially in the context of current volatility.

Should You Invest in Telecom Stocks?

Telecom stocks trade at reasonable valuations and offer reliable dividends, and are one

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Stocks to Buy: 7 Chinese Stocks to Buy During the Current Pullback

The current rotation out of technology stocks has accelerated, leading to a broad-based pullback in the entire market. The Dow Jones Industrial Average, S&P 500 and NASDAQ have all been driven lower in recent weeks as investors, fearing rising inflation, jump out of technology names and into cyclical and industrial stocks that are likely to perform well as the global economy reopens following the Covid-19 pandemic. Investors may see this as a buying opportunity and look for stocks to buy.

Additionally, while U.S. stocks have seen their share prices drop precipitously, so too have Chinese stocks. Many of China’s leading companies have seen their shares fall to rock-bottom prices, representing a great buying opportunity for investors who know where to look.

In this article, we explore seven Chinese stocks for the current pullback.

  • Alibaba (NYSE:BABA)
  • Nio (NYSE:NIO)
  • Baidu (NASDAQ:BIDU)
  • JD.com (NASDAQ:JD
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2 Hot 5G Stocks to Buy Before They Explode

The smartphone market turned around in the fourth quarter of 2020 and ended a difficult year on a high. IDC estimates that smartphone shipments jumped 4.3% year-over-year last quarter to 385.9 million units, paving the way for a strong recovery in 2021 after a 5.9% decline in shipments last year.

Skyworks Solutions (NASDAQ:SWKS) and Micron Technology (NASDAQ:MU) are two stocks that are already taking advantage of this turnaround, as they manufacture chips that go into 5G (fifth-generation) smartphones. Skyworks is witnessing tremendous growth in its mobile business, while Micron is about to join the party as well. These factors have contributed to a strong start on the market this year.

SWKS Chart

SWKS data by YCharts

These chipmakers are unlikely to lose their impressive stock market momentum in the coming months, as 5G smartphone sales are expected to switch into a higher gear in 2021. Gartner forecasts that

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2 Medical Technology Stocks Set To Benefit From An Aging Global Population

Stocks of medical technology firms manufacturing and marketing health-care products have had a mixed year. In the wake of the outbreak of the coronavirus pandemic, elective surgeries have been delayed or even cancelled in many countries.

As the rollout of vaccines into 2021 brings more normality to our lives, as well as to the healthcare sector, two UK-headquartered global companies may pique investor interest: Smith & Nephew (LON:), (NYSE:) and ConvaTec (LON:), (OTC:).

We believe the long-term growth possibilities for each remains upbeat in a post-COVID world. According to metrics from the United Nations:

“Virtually every country in the world is experiencing growth in the number and proportion of older persons in their population… [B]y 2050, one in six people in the world will be over age 65 (16%), up from one in 11 in 2019 (9%).”

Similarly, the UK’s Office for National Statistics suggests:

“In 50 years’ time, there

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Here’s what a Biden presidency spells for stocks, bonds and commodities

After days on tenterhooks, investors now have clarity about the next occupant of the White House and will start planning for the presidency of Joe Biden.

On Saturday, Biden was projected the winner by the Associated Press. The 77-year-old Democrat beat Trump in Pennsylvania and other key states, propelling him to victory over incumbent President Donald Trump.

The projections for victory for the former vice president come amid the heavy toll of the COVID-19 pandemic that had framed much of the race.

Here’s what the changing political landscape means for investors across Wall Street.

Stocks

Regardless of the victory in the 2020 elections, analysts said a declared winner and thus less election uncertainty paves the way for even higher U.S. stock prices, even with the President Trump’s campaign, as recently as Saturday morning, stating his intent to challenge the election results in several battleground states.

Also, many investors had

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