coronavirus stocks to watch Investor’s Business Daily

The RS line continues to strengthen, hitting a new high Monday. A 93 Earnings Per Share Rating, part of the overall composite score, also ranks highly in the group. The company has steadily grown EPS for at least the past six years and has a five-year earnings growth rate of 14%.

SHOP stock may not have another year quite like 2020, but it’s still among the market’s most attractive coronavirus stocks. Its e-commerce platform is expected to gain in popularity as retailers continue to add online shopping capability to their mix. We’ve listed Home Depot among several housing market stocks to buy, and analysts remain in the Buy camp too. Twenty-one analysts call it a Buy or Strong Buy, versus 11 Holds and one Strong Sell. Simply put, homebuilding and home-improvement projects should stick around for even longer, justifying their continued presence among coronavirus stocks to buy.

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The software-as-a-service (SaaS) company recently launched pandemic-related services. The company’s services enable people to conduct transactions remotely that formerly needed to be done in-person. Its offerings save people and companies time and money and should prove increasingly popular. Zoom Video Communications’ videoconferencing and other tools are allowing many people who generally trading-market.org/how-to-read-trading-charts/ work in offices and other settings to more efficiently work from their homes during the pandemic. Moreover, its offerings are enabling people to hold virtual social events ranging from parties to funerals. If companies believe that Zoom’s products are increasing the efficiency of their workforces and their bottom lines, they’ll continue to use them after the pandemic is over.

The answer is a clear “yes.” Share gains may not be as dramatic as those of Moderna following a possible EUA. Because Pfizer, with its large portfolio of products, forex-world.net/strategies/daily-chart-trading-strategies/ wouldn’t depend on a COVID-19 vaccine for revenue. And in the long term, shareholders will benefit from overall revenue growth and dividend payments.

Stocks To Watch: Time For Coronavirus Offense Or Defense?

New services may be added over time, and others may be removed. “Microsoft is one of the few companies showing continued momentum in the face of COVID-19 disruptions,” writes Argus Research’s Joseph Bonner (Buy). “CEO Satya Nadella has pivoted Microsoft toward high-value commercial and cloud application businesses, just the right product set as enterprises rapidly move to the cloud and remote connectivity.” “We revise up our forecasts based on Apr-Jun results and current conditions,” writes Nomura Securities analyst Junko Yamamura (Buy). “This is mainly because progress with the lengthening of the hardware and software lift cycles has exceeded our expectation.”

For the fiscal-year 2022, EA anticipates that it can reach $7.3 billion in net bookings, an 18% improvement from the previous year. Lastly, STZ also increased its stock buyback outlook, planning $500 million of stock repurchases during the second quarter. Management aims to pay around $5 billion to shareholders through dividends and buybacks over the next two fiscal years. All in all, this company’s beer business is booming, maintaining its multi-year record of solid growth thanks to higher-end import brands like Pacifico and Modelo Especial. For the beer business, management forecasts growth of 7% to 9% in 2022.

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Analysts’ consensus price target of $241.72 implies a modest 8% gains over the next year. But they clearly see Microsoft in an overwhelmingly positive light – 33 of 35 pros covering the stock consider it a Buy. Spiking demand for employee collaboration and video conferencing solutions. DocuSign (DOCU, $236.77) was one of the most straightforward beneficiaries of the coronavirus pandemic, and for obvious reason. DocuSign facilitates digital signatures at a time when everyone is being forced to work remotely. “We recommend establishing or adding to positions in this preeminent vehicle for participation in the AI economy,” writes Argus Research’s Jim Kelleher (Buy).

  • These companies create drugs and treatments for some of the biggest medical problems of our time.
  • Based on the company’s guidance, shares trade at a price-to-sales ratio of about 14.
  • Graphic card sales got a boost, too, as PC gamers looked to maximize the performance of their rigs.
  • There may be services to score the transaction for fraud risk, which likely require historical transaction data and other pieces of information.

The consensus estimate for Q3 EPS growth is 32%, which would extend the accelerating trend. Investors have a lot to digest after panic over the economic impact of the coronavirus outbreak sent the market tumbling to its worst weekly loss since 2008 and the 10-year Treasury yield to a record low. While the week ahead could include some coordinated actions by central banks to soothe anxiety, there are also likely to be more earnings warnings from multinationals across sectors. On the economic calendar, PMI prints from across the world will be watched closely, as well as reports on durable goods orders and the February employment report. Amid all the market turmoil, energy sector eyes will be focused on Vienna as ministers gather to assess the economic situation and make a decision on output.

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If you’re an aggressive investor and haven’t yet purchased shares, Moderna is a stock to consider. An authorization for its coronavirus vaccine — or full approval currency-trading.org/cryptocurrencies/monaco-ico-review-all-information-about-token-sale/ later on — would further lift the shares (even though they’ve already gained 677% this year). And revenue generated from vaccine sales will drive more growth.

UPDATE 1-UK Stocks-Factors to watch on June 29 – Reuters

UPDATE 1-UK Stocks-Factors to watch on June 29.

Posted: Sun, 28 Jun 2020 07:00:00 GMT [source]

They could reduce demand for costlier treatments such as intravenous medicines, he added. While there have been some encouraging elements among the starting pitching prospect pool, the disappointments — particularly among potential big league depth starters — have perhaps been more prominent. Bryan Mata had a 5.61 ERA in Triple A before landing on the injured list two months ago. Lefthanders Chris Murphy (8.35 ERA in the Worcester rotation) and Brandon Walter (6.08 ERA) struggled as starters. While both have contributed in the big league bullpen, their inability to emerge as rotation options has played a role in the Sox’ chaotic, multi-opener rotation scramble. Jordan, promoted for the second half to Double A, led the Sally League in hitting and continues to show unexpected adaptability to cover pitches, particularly spin.