After hitting a high of $292.51 per share in February 2021, Teladoc (TDOC) shares plummeted by over $250 per share. This year alone the price of TDOC shares has plunged by over 67%.
Still, there’s plenty to like and the bull case has merit.
If you’re looking to build your portfolio for the long term, you want stocks that will continue to increase in value over the years.
Long-term investing makes better financial sense than short-term trading. Buying the dips and selling the rips is notoriously hard over a long time period. By contrast, it’s hard to find any extended time period in the market when buying and holding hasn’t produced positive returns.
During COVID, you couldn’t tune into financial news networks without hearing about Zoom. The company and its stock was the poster-child for thriving businesses during lockdowns. On January 3, 2020, ZM share price closed at $67.28 per share. By October 16, just 10 months later, it had soared to $550 per share, an all-time high that still stands today.
» Read more about: Forgot Zoom? That’s Why It’s Time To Buy »
When Nvidia reported earnings in late August, the top line number came in line with analysts’ forecasts: revenue rose by about 3% from the prior year. However, net income came in lower than expected and the share price dipped. A closer look under the hood reveals warning signs that suggest the stock is worth avoiding now.
Technology stocks were hammered this year. Some high-growth stocks plummeted as much as 90%. But plenty of stocks offer immense long-term potential, so how do you sift through the noise?
Here are three stocks that offer the opportunity to retire rich.
During Apple’s recent dip,
Who will win the streaming wars? Netflix got off to a great start as the first company to break 100 million and 200 million subscribers. Then Disney caught up, and eclipsed Netflix’ subscriber base last quarter. But they’re not alone. Roku, Apple and Amazon all have offerings to woo consumers. And yet there is a good chance,
» Read more about: Forget Netflix & Disney, The Streaming Winner Is… »
Berkshire Hathaway is Warren Buffett’s best known investment vehicle. But another, little-known portfolio sits under his Berkshire investment vehicle and one of the stocks recently added to its portfolio might surprise you.
Almost a quarter of a century ago, Buffett snapped up General Re for its reinsurance operations. Under the General Re umbrella came a subsidiary called New England Asset Management,
» Read more about: Buffett’s “Secret Portfolio” Holds Surprising Treat »
Over the past decade, FAANG stocks – an acronym that represents the most prominent tech companies, including Facebook (now Meta), Amazon, Apple, Netflix, and Google (now Alphabet) – have rewarded long-term investors. These stocks have grown faster than the overall S&P 500 and the technology-focused Nasdaq.
FAANG companies showcase several competitive advantages, and continued growth is anticipated over the next decade.
When word first leaked that Buffett or one of his lieutenants bought a pre-IPO company, shock waves were felt around the investing world.
What company could be so attractive to the Oracle of Omaha and his investment team at Berkshire Hathaway that they would take the plunge on a business with no history in the public markets?
» Read more about: Will This Buffett Stock Be Worth More Than Zuck’s Meta? »
