Are Analysts Right About These Penny Stocks To Buy?
Whoâs ready for another busy week with penny stocks? I know after a short week last week â and a volatile one at that â many are anticipating what to expect this week. Surely weâll see continued attention on the pandemic and vaccine data. Weâve also got the outcome of the stimulus decision. Something else thatâs becoming even more evident is the growing bullishness coming from retail traders.
Brian Culpepper, a money manager at James Investment Research, told Bloomberg, âItâs been truly amazing. Everyone just thinks the stock market is going to go, go, go,â he added. âWhether itâs herd mentality, or fear of being left behind, thatâs what youâre seeing.â
5 Penny Stocks To Buy With Up To 219% Upside According To Analysts dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.
Are These The Best Semiconductor Stocks To Buy Right Now? 4 In Focus.
Semiconductor stocks performed extremely well in 2020, and analysts are expecting more great things in the space in 2021. Simply put, the tech sector continues to thrive because it owes its massive success in no small part to the semiconductor industry. Although most top semiconductor stocks fell along with the broader market during the coronavirus-induced market sell-off, they have bounced back strongly.
Consumer electronics sales are booming, and trends such as cloud computing, electric vehicles, smartphones, and online gaming have generated tremendous tailwinds for the semiconductor and semiconductor equipment market. However, the warning by Qualcomm Inc (NASDAQ: QCOM) regarding the shortage of chips is something investors should be mindful of. The global semiconductor shortage is certainly a real challenge. Cristiano Amon, head of the worldâs largest mobile chipmaker, flagged shortages âacross the b