Stocks

Got $3,000? Buy These 3 Top Cloud Computing Stocks Right Now

The digital transformation in the business world was already well underway when 2020 began, but the emergence of the COVID-19 pandemic led to a notable spike in the rate at which organizations adopted cloud computing. Amazon (NASDAQ:AMZN) was a pioneer in this tech realm, and its Amazon Web Services (AWS) is still winning the largest slice of the business in it with about a third of the cloud infrastructure market. But investors who focus narrowly on the market leader risk missing out on an ever-growing list of opportunities in this fast-growing sector.

The advent of the cloud has created a host of new opportunities, and the companies that are taking the best advantage of them can provide excellent long-term gains for savvy investors. Let’s consider a few of cloud computing’s biggest business segments, and the companies that are the clear winners in each area.

Business man in suit looking at cloud with falling $100 bills.

Image source: Getty Images.

Read More

3 Hot Stocks to Buy in February

With the potential for another big government stimulus package and investors worried about inflation and rising asset prices, lots of people are looking for smart places to put their money right now. Volatility stemming from coronavirus vaccine complications and the GameStop situation kicking off short-squeeze mania has made the outlook more complicated, and the S&P 500 index has now slipped into negative territory on the year.

However, there are still great stocks on the market with big room for growth, and consistent investors with a steady approach should be able to seize opportunities created by the uncertainty. With that in mind, read on for a look at three hot stocks that could deliver huge returns for shareholders over the long term. 

Thoughtful woman with image of galaxy in her head

Image source: Getty Images.

1. Fiverr International

If you were starting a small business and wanted a logo made quickly and inexpensively, there’s a good chance you could find

Read More

3 Tech Stocks That Turned $10,000 Into More Than $1 Million

Top technology companies often benefit from having highly scalable business models that pave the way for dramatic sales and earnings growth, given the right opportunities and proper execution. Investors who build early positions in these kinds of businesses often go on to enjoy life-changing returns.

Recognizing these incredible opportunities is always much easier in hindsight, but studying massive success stories can also provide a useful template for identifying other companies that are capable of delivering incredible performance.

With that in mind, read on for a look at three stocks that went on to turn a $10,000 investment into $1 million — and then much more. 

Cash raining down

Image source: Getty Images.

1. NVIDIA

Graphics processing unit (GPU) specialist NVIDIA (NASDAQ:NVDA) went public in 1999, with shares trading in the range of $1.40 per share on a split-adjusted basis. The gaming industry was going through a period of rapid growth at

Read More

These 2 Cannabis Stocks Are the Best Buys for 2021

Are you a cannabis investor looking for a quality stock to add to your portfolio? Then you probably know how challenging it can be to find a marijuana investment that’s both profitable and trading for cheap. But with a little digging, it’s clear that there are still some great opportunities for you to benefit from its inevitable growth.

Two pot stocks you can hold heading into 2021 that will give you a good balance of growth and profitability are Scotts Miracle-Gro (NYSE:SMG) and Village Farms International (NASDAQ:VFF). Both stocks are up more than 63% this year and have outperformed both the Horizons Marijuana Life Sciences ETF that’s down 9% and the S&P 500, which has had an up-and-down stunning year, end up about 17%. Here’s a look at why these stocks are still solid buys next year.

Marijuana leaves.

Image source: Getty Images.

1. Scotts Miracle-Gro 

Read More