66.35 -0.11 (-0.17%)
After hours: 6:21PM EDT
|Bid||66.42 x 1200|
|Ask||66.48 x 1200|
|Day's Range||65.66 - 67.04|
|52 Week Range||49.82 - 101.15|
|Beta (3Y Monthly)||3.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||82.97|
Square examined its transaction data and polled its small businesses to see what they thought their customers' views on cash and card are.
Now it's time to check out three tech stocks that came through our screen today that growth investors might want to consider buying right now.
Payment processing service Square Inc (NYSE: SQ) confirmed Wednesday that it is in the midst of a pilot program that allows select hemp-derived CBD products on its platform. The same statement was provided to other outlets, including to Marijuana Moment's Tom Angell, who first broke the news on Forbes. If the beta program eventually grows, it could serve as an access point for CBD companies seeking a financial service to use in the United States.
Earlier this month, I wrote a bullish article on Uber (NYSE:UBER) stock. My thesis was simple. The Uber IPO was a dud because of short-term timing issues.Source: Shutterstock Those timing issues won't hang around forever. Once they pass - and they will pass quickly - investors will shift their focus to the long-term growth outlook of Uber. That long-term growth outlook is quite robust. As a result, once the Street begins focusing on the company's fundamentals, Uber stock will become a winner. * 7 Safe Stocks to Buy for Anxious Investors That has already happened. Uber stock dropped 20% below the Uber IPO price just a few days after the IPO. But, over the past ten days, Uber stock has rallied back to levels not far below the Uber IPO price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUber stock has rallied as timing issues faded and investors became more interested in growth stocks again.For several reasons, the strength of Uber stock will continue. Those reasons are outlined below. The Growth Trade Is BackFrom a macro perspective, growth stocks are back in favor, and that will help Uber stock price head higher.The Uber IPO occurred at a bad time. Investors were shying away from growth stocks amid rising international trade tensions. Their concern was that new tariffs, if in place for a long time, would simultaneously slow U.S. economic growth and raise prices and inflation. Higher prices would force the Fed to come off the sidelines and hike rates. In a slowing economy with rising rates, growth stocks don't do well.But the market has quickly moved past those issues. Concerns about trade were overstated, as many of the tariffs imposed by President Trump have grace periods and delays, implying that both sides still want to get a deal done soon. Meanwhile, the U.S. economy really isn't slowing by much, as first-quarter sales and earnings have been way stronger than expected. Additionally, inflation remains muted, so the Fed will stay on the sidelines.In other words, we are still in the midst of a strong economy with muted inflation. That environment is a dream combination for growth stocks. As a result, growth stocks will remain in favor, and that will help Uber stock price. Employees Won't Sell Uber StockAn important determinant of the performance of stocks that have recently gone public is insider sentiment. Specifically, skeptics often think that insiders use IPOs to unload shares to public investors, so that the insiders can sell their shares at favorable prices. Insider selling, in turn, pressures stocks, ultimately causing them to head lower.That may have happened to Uber stock during its first few days of trading. It's tough to tell. But the important thing is that the phenomenon probably won't last much longer.According to a survey by Blind, nearly 80% of Uber's employees believe that Uber stock is undervalued, while only 8% think it is overvalued. Employees own a great deal of Uber stock. There are lock-up periods and other restrictions which will prevent them from selling some of their shares anytime soon. But the fact that only 8% of employees think Uber stock is overvalued implies that, at these levels, there won't be much insider selling pressure.Without that insider selling pressure, buyers should remain in control of Uber stock price. Profitability Concerns Are OverstatedThe biggest knock against Uber stock is the amount of red on the company's income statement. The company generates billions of dollars in net losses every year, and its cash burn rate hasn't really improved all that much. Plus, it's facing big-time competition in the ride-sharing market, and that competition ultimately caps how high Uber's margins can go.But these profitability concerns are overstated.Here's a long list of stocks from the past few years which were all unprofitable at the time of their IPOs: Shopify (NYSE:SHOP), Square (NYSE:SQ), Roku (NASDAQ:ROKU), MongoDB (NASDAQ:MDB), and Okta (NASDAQ:OKTA). All of those stocks are up by tremendous amounts since their IPOs, mostly because their margins have risen as their businesses have grown, and, as a result, they are either already producing or are on the verge of producing sizable profits.Uber will be no different. Its gross margins are positive and climbing. Its operating-spending rate is falling and will continue to drop as its business grows. Thus, as Uber's gross margin rate rises and its operating-spending rate falls, it's only a matter of time before Uber becomes profitable. Uber's Long-Term Growth Opportunity Is TremendousThe biggest reason to buy and hold Uber stock for the long run is that this company is just scratching the surface of its global-growth potential.Uber is the global ride-sharing king. But ride-sharing currently accounts for only a few percentage points of global vehicle-based transportation. Current trends imply that ride-sharing should eventually become at least 20%- 30% of the global vehicle-based transportation market. A few of those current trends are as follows: * The coordinated economy. Read more about it here. * There are simply too many cars on the road. Population growth and urbanization will only aggravate traffic headaches. Lowering the volume of cars on the road through ride-sharing services simply makes sense, and will make transportation more convenient. * Ride-sharing can expand into new vertical markets, including transportation of goods and food. * The goods and food transportation verticals are primed for tremendous growth, thanks to the increased popularity of ordering food and clothes from home.All in all, the ride-sharing economy should grow by leaps and bounds over the next several years. Uber is the leader of multiple vertical markets within the global ride-sharing economy. As long as the company maintains this leadership position (and it should because of its unparalleled liquidity network effects), then Uber should continue to grow rapidly over the longer term, boosting Uber stock price in the process. The Bottom Line on Uber StockThe Uber IPO was a dud because of macro economic worries. Those concerns have faded. Now Uber stock is in the early stages of a long-term uptrend. If you bought the dip of Uber stock, hold onto it. If you didn't buy the dip previously, look to purchase the shares on any further weakness. This stock will be a long-term winner.As of this writing, Luke Lango was long UBER, SHOP, SQ, ROKU, MDB, and OKTA. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post 4 Reasons to Buy Uber Stock on Weakness appeared first on InvestorPlace.
My skepticism toward Shopify (NYSE:SHOP) looks absolutely foolish at this point. Shopify stock has been one of the most torrid stocks of 2019 and only continues to climb. SHOP stock has pulled back in recent sessions, but still has gained 93% so far this year.Source: Shopify via FlickrLike a lot of investors, I like the Shopify business; in fact, I recommended the stock several times last year. Of late, however, I've pointed to valuation, arguing most recently in April that SHOP stock, at $206, was due for a big fall.That call was wrong. Shopify stock has risen another 30% in the seven weeks since then. But I haven't been alone in seeing the stock as overvalued. On this site, Dana Blankenhorn called SHOP a bubble in March, and repeated that sentiment last week. Luke Lango called it one of the market's best growth stocks - and still argued the price was too high.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWall Street has expressed similar caution. Three different analysts downgraded Shopify stock last week. Even Barron's has noted that it and some of those analysts had heard from disgruntled readers after negative coverage of the stock.Seemingly everyone sees SHOP as a stock that has run too far, too fast. But as traders know, that alone might suggest more upside is ahead. It's not until the entire market sees a stock's upside as inevitable that the stock usually turns.Yet at the same time SHOP stock trades at seemingly unsustainable valuations. If sentiment suggests more upside, what about the fundamentals? * 7 Stocks to Buy for Over 20% Upside Potential SHOP Stock and the FutureOne way to consider the current valuation of SHOP stock is to understand what type of future the market is pricing in. Investors should discount Shopify stock by at least 10% a year, to account for its risk and volatility.At the moment, SHOP has an enterprise value (market cap less its ~$2 billion in cash) of $27.6 billion. That means investors believe the company should be worth about $44 billion Five years from now - and $71 billion in a decade.Looking solely at revenue, that seems at least potentially doable. Revenue is expected to be about $2 billion next year. The current growth profile suggests a path to a double, at least, over the next four years. Is, say 9x 2024 revenue of $4.8 billion unreasonable? Or 7x 2029 sales of $10 billion?Those revenue levels might seem unreasonable, but the $10 billion target only suggests an average growth rate of 20% from 2020 on. With opportunities for international growth, and potentially new offerings (think CRM software or marketing capabilities) that growth rate is not impossible.Nor are the revenue multiples untenable. Bear in mind that the margins on incremental revenue should be enormous. If Shopify can add $8 billion in revenue, there's no reason why it can't grow profit by $2 or even $3 billion. At a 25% tax rate, net income even at the low end of that range gets to $1.6 billion or so. Here, too, is a 45x P/E multiple that unreasonable assuming Shopify still has years of growth ahead from that point? Investors Modeling Shopify StockTo be clear, I'm not making the case for that model. Analysts aren't, either. Even before the downgrades of late, SHOP stock had outrun average Wall Street targets.But the point is that some investors might. And as long as there's a case on paper for Shopify stock, there's going to be room for upside. This is a hugely attractive business model. The addressable market is only going to expand as Shopify expands internationally and drives more revenue for medium- and large-sized businesses.Shopify could choose to challenge Salesforce.com (NYSE:CRM) in CRM software. It might be able to drive advertising revenue from customer websites (something akin to what Amazon.com (NASDAQ:AMZN) and Walmart (NYSE:WMT) are doing at the moment).Again, none of this is to say Shopify will do these things. But it's posting enormous growth, has a massive market, and is accumulating ever-more valuable customer data. And while at 14x next year's revenue and about close to 300x next year's earnings the current multiples look extreme, there's a path on paper for SHOP stock to grow into its current valuation.In a bull market, that can be enough. It's not like Square (NYSE:SQ), a potential rival, is cheap. CRM stock itself has seemed "overvalued" for years and keeps moving higher. This can work, at least in theory. Combine that with the negative sentiment, the so-called "wall of worry," and SHOP can continue to climb. How High?For what it's worth, I personally don't see any of this happening. I still believe investors are ignoring two key risks to SHOP stock. The first, as I wrote last year, is that the company retains significant exposure to small businesses that are usually the first victims of any economic downturn.The second, related, risk was highlighted by Morgan Stanley (NYSE:MS) in its downgrade last week. Over half of Shopify revenue is transaction-based. That, too, implies some exposure to economic cycles.The combination means that Shopify doesn't quite have the SaaS (software-as-a-service) model that is priced in at the moment. It's not going to drive the same amount of sticky, recurring revenue that is creating such optimism for SaaS plays. As a result, it shouldn't have the straight-line growth of a company like Salesforce.com (whose revenue growth has been almost spooky in its consistency).If that's the case, SHOP shouldn't be receiving a premium to pretty much every other SaaS stock. It should be receiving a discount. But, right now, many investors clearly disagree. And history shows they can disagree for quite a long time.In the meantime, SHOP can keep climbing the wall of worry. It's not impossible to project SHOP being a $100 billion business a decade or so from now. That in turn suggests that Shopify stock, today, should be worth around $360.I'm not saying SHOP will get there. I don't believe it should get there. But between the optimism in the chart and the pessimism everywhere else, I certainly wouldn't bet my money against it.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post If Shopify Stock Is Ever Going to Stop, It's Hard to See When appeared first on InvestorPlace.
Another jittery week seems to be upon the markets as news headlines highlight that the U.S.-China trade negotiations may be at an impasse. Trade is not a zero-sum game and tariff tiffs will likely affect many companies, countries, and consumers at different levels. Understandably many investors are beginning to get nervous as to where stocks in their portfolios may be headed next. Therefore, today I'd like to discuss the short and long-term outlook for Square (NYSE:SQ), the mobile-payments company.Source: Via SquareFintech is an evolving and growing industry. And the global economy is gradually shifting from cash to cash-less payments. With its strong small business focus and proactive management, Square stock is likely to weather the long-term ebbs and flows of the industry. However, there might be further weakness in the SQ stock price -- after losing 9.2% in the past month -- in the near-term that potential investors should anticipate. Square's Growing EcosystemAlthough it started as a payments company, Square has in recent quarters introduced a range of software, hardware and apps to service small businesses, individual clients and act more like a traditional bank. Its most recent earnings report released on May 1 and accompanying shareholder letter provide a good overview of the growth in service offerings.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSquare's ecosystem combines software with hardware to especially enable sellers to turn their mobile devices into point-of-sale (POS) solutions. In other words, through various growth initiatives, SQ management is now aiming to make the company a major player in the fintech apps sphere as well as a small business platform that offers a wide range of services.For example, SQ's peer-to-peer mobile payments Cash App has more than 15 million monthly active customers. Square charges 2.75% per transaction to businesses that accept Cash App payments. It also makes money through individuals using the app. * 6 Chinese Stocks That Could Pop On a Trade Deal Management would like to see the Cash App become more like a traditional bank whose core customers are small businesses as well as individuals. As the younger generations especially are making a drastic shift to using electronic payments, Square would like to capture that growth.In October 2018, the group announced Square Installments, which lets customers pay in monthly installments. Previously, Square had also launched Square Capital, which provides short-term loans to small businesses that use its service to process credit card payments.Clearly, Square is expanding its services and merchant ecosystem across different channels and many growth investors are bullish long term on Square stock. However, they would need to pay special attention to how each business that Square is now chasing contributes to the bottom line.While Square currently enjoys a head start in serving small businesses, Wall Street has some questions as to whether the group can maintain a sustained growth quarter after quarter. What Could Derail Square Stock Fundamentally?The global payments industry is a $100 trillion plus market. And the fintech apps revolution is fast changing the way traditional banks, credit card issuers and mobile-payments companies work with businesses as well as retail customers.Such a big industry inevitably attracts both domestic and global competition. Square faces competition from many well-capitalized companies, including the global online payments group PayPal Holdings (NASDAQ:PYPL), transaction processing leader Visa (NYSE:V) and Fiserv (NASDAQ:FISV), which is shaping up to become a global payments giant.To be sure, not every area Square expands into will necessarily translate into easy money. Unless Square increases its revenue base, Wall Street may not be too forgiving about the SQ stock price. Therefore, from a valuation point of view, I'd urge long-term investors to exercise caution with the current price levels.For example, many analysts are expressing doubts over Square's expansion into the loan business and questioning whether the company is taking on too much risk.Another are of potential concern would be declining growth in transaction fees, which still provide the majority of revenues. Square's shifts toward subscription and services revenues may not be enough to make up for the decline in transaction fees.The May 1 earnings report showed that the group's gross payment volume (GPV) grew to $22.6 billion, at a relatively modest rate 27%. Yet Wall Street was concerned about this growth rate.In other words, shareholders would need to decide whether the company has potentially diversified way too much and away from its core business of payment processing. Therefore, they'd need to regularly re-assess their views based on company and sector developments as well as earnings statements. Where is Square Stock Price Now?Let us briefly remember how SQ stock price has acted over the years.Following its initial public offering (IPO) in late 2015, the price of SQ stock surged from $9 to an all-time high of $101.15 in October 2018 as the company became a darling among long-term investors.With such high return on initial investments, many investors look at the future through rose-colored glasses as they tend to assume growth rates will accelerate for many years. That's how recent IPOs usually become momentum stocks. However, if growth decelerates, then the stock price usually suffers. In other words, a momentum stock like Square trades in line with revenue growth trends and expectations.Despite the euphoria in the first three years, SQ stock price has been exhibiting price weakness since all-time high on Oct. 1, 2018. This year, although the stock is so far up 16%, April and May have not been good months for shareholders. The weak Q2 guidance issued during the Q1 conference call triggered the recent downtrend.If you are looking for an entry signal to buy SQ shares, from a technical chart perspective, I am not expecting the stock to make a significant leg up any time soon. Square stock will need to stabilize and build a base again before a long-term sustained leg up can occur.And, I do not expect the SQ stock price to reach the $100 level any time soon; the market may be starting to price the stock with a more realistic and fair view.The daily volatility of Square stock is high, giving it a broad trading range, so short-term traders should proceed with caution. Expect nearer-term trading in SQ to be choppy at best. So Should You Buy SQ Stock in May?I believe the volatility and selling in the markets will continue in May as well as in June. Like many momentum plays, SQ stock is likely to be a battleground between two camps: investors and traders.Depending on news headlines, Square stock may trade sideways for several days, only to continue to pullback toward the low-$60's level, where it is likely to find initial support.If the support around $60 level does not hold, then it may fall further to $50 level, where I'd expect SQ stock to start to stabilize and then trade sideways until the next earnings release, expected in late July. * 7 High-Yield REITs to Buy (Even When the Market Tanks) Indeed, Square stock may become one of the first momentum stocks to test the lows it saw between $49-50 in December 2018, hence making a double bottom in technical charts. Only then the twice-touched low may become a more reliable long-term support level.In other words, I'd not rush to buy Square stock yet. However, I'd get ready to initiate a position as the price declines further, toward $50. I'd also consider buying covered calls in conjunction with going long on SQ shares.If you already own the shares, you might want to stay the course and hold your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3-5% below the current price point, to protect your profits to date. Bottom Line on Square StockStocks suffer during times of uncertainty and the current political and economic fundamentals offer plenty of questions. Therefore, I'd encourage potential new investors to wait for a few weeks until the smoke clears from the markets and until buyers are definitively back in control in Square shares.Until that time, Square is likely to be a one-step forward, two-steps back kind of stock until it reaches low $50's level. On a final note, if the SQ stock price declines further amid a subdued earnings season, the company could very well become a takeover target.As of this writing, the Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post Hot Fintech Market Has Investors Eyeing Rebound in Depressed Square Stock appeared first on InvestorPlace.
PayPal Holdings (NASDAQ:PYPL) may have established the digital-payments industry, but there's no denying that its rival, Square (NYSE:SQ) has won the war of publicity since the start of 2018.There's a secret that only owners of PayPal stock know, however, or at least realize. That is, after crushing it in 2017 and holding its ground in 2018, PayPal stock price is crushing it again this year. * 7 Stocks to Buy for Over 20% Upside Potential This may not be the absolute most opportune time to buy PayPal stock if you haven't done so yet; given the frothiness of PayPal stock price, PYPL stock is ripe for some profit-taking. But, there's a reason PayPal stock price is still climbing as if PYPL was a new, high-growth company.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Still Chugging AlongIf you want a number, it's 35%. That's how much PayPal stock price is up since the end of 2018, versus the S&P 500's 15% advance.Even more remarkable is that the big gain took shape at a time when few thought it would, or even could. Early last year eBay revealed it would begin featuring PaPal's Dutch rival, Adyen. In the meantime, Square found a way to facilitate peer-to-peer payments every way except the primary way that PayPal serves consumers and small businesses. PYPL wasn't (and still isn't) interested in handling cryptocurrencies at a time when cryptocurrencies were all the rage. As of late-December, the consensus price target on PayPal stock was just under $100 per share.None of it really mattered, though. As it turns out, PayPal is even better when it's left alone and allowed to do its own thing without anyone standing over its shoulder.The numbers tell the tale. PayPal's revenue surged 13% last year,. and its non-GAAP earnings per share jumped 26%.After, blasting past the consensus price target in April, PayPal stock closed yesterday at $112.15. The Outlook of PayPal StockThis year is expected to be even better for PayPal. Analysts are calling for more than 16% revenue growth in 2019, followed by more than 17% growth next year. Its EPS is expected to reach $2.98 this year and hit $3.51 in 2020.That leaves little to complain about. The acquisition of Venmo and better cultivation of its Merchant Services arm -- which is a stab right at Square -- have been worth the expense and effort. In Q4, Merchant Services' revenue jumped 29% year-over-year. After PayPal works to improve the integration of iZettle, which it acquired last year, the subsidiary should continue to grow by double-digit percentage levels.The key for PayPal stock has been, according to BTIG analyst Mark Palmer, size that others like Square can't match.Palmer also notes that Venmo is nearing profitability, which could prove to be a major catalyst for PayPal stock. ""PayPal's progress toward monetization of Venmo has accelerated," noted the analyst earlier this month. He adds, "The app had 40 million users at the end of 1Q19 and at that point had an annual revenue run-rate of more than $300 million, a sizeable jump from the annual revenue run-rate for the app of more than $200 million that management had announced in January."All told, Palmer now thinks PayPal stock is worth $130 per share. Not YetWhile the rest of the analyst community isn't quite as enthused, given the consensus price target of $116, their unwillingness to raise their targets may have more to do with this year's bullish surge and less to do with a lack of value.That crowd still has a point. The steep rally, while not unlike 2017's big move, has pushed PYPL stock to prices that will be difficult to hold onto. This week's snapback rally into new-record territory is exciting, but also uncomfortably hot.Where any pullback may finally stop and reverse is difficult to say. There's a major support level near $80. A selloff of that scope seems unlikely given the company's outlook, however. More plausibly, a retreat to one of the moving average lines around $100 or $93 will stop any bleeding of PayPal stock.The toughest part of trading is being patient when waiting to buy stocks, and mustering the willingness to pull that trigger in the midst of a pullback. Don't shoot for perfect timing, and don't sweat it if you wade in too early. PYPL is a long-term trade driven by fundamentals that have remained surprisingly solid.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post PayPal Is Impressive, But It's the Wrong Time to Buy PayPal Stock appeared first on InvestorPlace.
Square (NYSE:SQ) continues its slide. The San Francisco-based payment services company has moved lower even as its peers continue to see their stocks go higher. Despite a steady decline, analysts have mostly held to their price targets on Square stock. Although SQ may remain range-bound for some time to come, investors now have an opportunity to make a trade. Source: Chris Harrison via Flickr (Modified) Given Square's recent trading activity, where it goes from here remains in question. The stock has fallen steadily since its 2019 peak of $82.78 per share in late February. The company provided weak guidance in its quarterly report on May 1. Hence, earnings and revenue beats for the most recent quarter failed to stem the tide. As a result, SQ trades near the $65 per share level.What makes this more confusing is that our increasingly cashless society will require Square's services. This trend has benefitted peers such as PayPal (NASDAQ:PYPL) over the last year. Consequently, PayPal and peers such as Visa (NYSE:V), Mastercard (NYSE:MA), and American Express (NYSE:AXP) have exhibited remarkably similar trading patterns over the last year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Yield REITs to Buy (Even When the Market Tanks) Not Square.I had taken a bearish position on Square stock in recent months. Even with an improving outlook, I thought SQ would face short-term pain back in March. However, with a further 15%, I have recently begun to hold a more bullish outlook. Square Stock Should Clear TargetsAnalysts appear to agree. The average price target on SQ currently stands at $83.50 per share, very close to the stock's 2019 high. On the low end, one analyst set a $30 per share price target. I could see such a price in a recession. However, with a growing economy and a predicted earnings growth rate of 59.6% this year, I do not think such an outcome will occur.The highest current price target comes in at $101 per share, near the level of its 52-week high. Hence, barring a recession, SQ stock should remain in its range for now.The good news for SQ bulls is that the stock price can rise even if Square remains range-bound. Although profit growth will fall modestly, Wall Street predicts that earnings will still grow at an average rate of 45.47% per year over the next five years. Currently, SQ also supports a forward price-to-earnings (PE) ratio of about 57. With its current level of profit growth, I do not see the PE ratio falling significantly in the near term. Square Stock and ExpansionFor investors who want to look beyond the short term, Square also continues to bolster its ecosystem with new products and initiatives. One example involves its Square Online store.After acquiring Weebly, it was able to offer clients a more comprehensive online store. This now makes Square a competitor of Shopify (NYSE:SHOP) and expands its reach in the fast-growing e-commerce industry. Now, with its recent alliance with Postmates, the reach of its ecosystem expands further.Financial services has also become a focus. Square already makes business loans. In recent months, it has also attempted to expand on its Cash App and break into banking itself. However, this move to gain FDIC approval and become an industrial loan company still needs to pass regulatory hurdles.Moreover, Square has only scratched the surface of its potential reach. Currently, the company only operates in the U.S., Canada, Japan, Australia, and the U.K. Though it has not announced plans to move into other countries, it holds tremendous potential offshore.All of these factors should eventually translate into growth for SQ stock, even if the equity remains range-bound for some time to come. The Bottom Line on Square StockThanks to the falling price, traders have an improved opportunity for short-term gain as the long-term outlook improves for investors. A falling stock price continues to take SQ toward the lower end of its current range.Analysts have held to their $83.50 per share price target. Further, Square continues to expand its ecosystem as they add e-commerce storefronts, small business loans, and delivery. The company also offers a bright future to investors with likely moves into banking and other foreign markets.Whether one wants to make a short-term trade or build a long-term investment, SQ stock has fallen to a level where both types of investors can likely swipe in profits.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post With $83 on the Horizon, Square Stock Finally Is Cheap Enough to Buy appeared first on InvestorPlace.
PayPal (NASDAQ:PYPL) has been ringing the register for shareholders in 2019. And off and on the chart, that looks set to continue in PayPal stock. Let me explain.Source: Official Leweb Photos Via FlickrDoes the U.S. and China's trade war and its potential implications on consumers and businesses have you concerned? In Friday's trading, it certainly had Wall Street's attention.The S&P 500 fell by roughly 0.50%, while PayPal stock found itself under even more duress -- shedding about 1%. Peer-mobile payments play Square (NYSE:SQ) is off 1.25%. But the potential real losers are companies like Apple (NASDAQ:AAPL) which is down a bit more than 2% or the 4.5% bashing in Deere (NYSE:DE).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Yield REITs to Buy (Even When the Market Tanks) Behind the market's U-turn is the optimism of the past couple days that the world's two largest economies could find a quick fix quickly faded after Chinese state media deferred expectations for a deal at next month's G-20 summit meeting in Japan. But don't think for a second this is what really matters for PayPal stock.Despite persistent and nagging uncertainties, it's important to focus on the big picture for PayPal stock and not quick-to-flip, daily-market-based, back-and-forth cheers and jeers. And bottom, top and squiggly price lines -- following last month's supportive quarterly confessional led by the company's sizzling digital wallet Venmo business and an equally beneficial price chart showing more than just hopeful promise, it's time to consider going long PayPal stock. PayPal Stock Weekly Price Chart Click to EnlargeIt's been a good year for PayPal stock. Shares are up 32% for 2019 and have captured 20% since breaking out of PYPL stock's year-long, base-on-base pattern in late January. So, what next? I see more upside potential.I believe technically shares can match the gains of the prior bullish leg from April 2017's breakout near $45 to the high of 2018's year-long congestive base. Some investors refer to this type of continuation action as a mirror move or two-step pattern. And in this instance, should it play out that way, PayPal stock should rally towards $140-$150.There's no guarantees of course. And PYPL stock's weekly stochastics are currently overbought. Still, if price and volume matter most, Thursday's relative strength breakout on increased volume to fresh highs from a short two plus week flat base does look compelling.For like-minded investors I'd recommend buying PayPal stock above $115.39. This entry is 1.5% through the pattern high and about .5% north of Thursday's high of $114.66.The purchase obviously sacrifices a tiny bit of upside. But if we're correct about the PYPL's trajectory, it's well worth the cost as this strategy looks to avoid buying a false breakout after the broader market's quick snap back from its trade war panic.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post PayPal Stock Will Continue to Ring the Register for Investors appeared first on InvestorPlace.
San Francisco is notorious for being the most expensive city in the U.S., but that hasn’t stopped affluent tech workers from snapping up real estate in this particular neighborhood.
The technical outlook for Square (NYSE:SQ) isn't all that rosy, despite how well the company has done over the past few years. Indeed, Square stock has been a beast on the long side and has made many loyal investors a hefty sum of cash. But even with the stock market in rally mode for much of 2019, Square stock has been absent.Source: Chris Harrison via Flickr (Modified)What's going on?Shares have been rolling over as it appears there's been a bit of a "buyer's strike" regarding Square. While Square stock had a violent rally off its December lows, shares are actually flat since Jan. 15. Compare that to its peers and Square stock investors may be getting frustrated.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal PayPal (NASDAQ:PYPL) is up 22.5% in the same timeframe, while the PowerShares QQQ ETF (NASDAQ:QQQ) is up 13%. Visa (NYSE:V) and MasterCard (NYSE:MA) are up 18% and 28%, respectively. The year-to-date numbers are even worse.Stock YTD Return SQ 17% QQQ 19.3% V 24% MA 33.6% PYPL 33.8% I know it's hard to complain about a 17% gain for the year, but considering the fourth quarter that we endured, a snap-back rally like that is to be expected. The fact that it's lagging the QQQs and has generated just 50% of the return from its most compared to competitor (PYPL), and SQ stock is frustrating.Will that underperformance continue? Trading SQ Stock Click to EnlargeAbove is the weekly chart for Square stock. You can clearly see that Square was enjoying a nice, solid uptrend (blue line) for the better part of a year. However, that uptrend came to an end in Q4 2018, when the markets took a painful fall. Square, which was already elevated from its uptrend by quite a bit, was no exception to this selloff.In October, SQ stock hit a 52-week high of $101.15. By mid-December, shares had fallen more than 50% at its lows when it hit $49.82.On the bounce, shares ran to that $77.50 to $80 area, which effectively capped SQ stock from January through April. At $81.56 is the 61.8% retracement for the 52-week range, which more or less acted as resistance. Unfortunately, the 38.2% retracement at $69.43 did not support SQ stock on the downside, nor did the 50-week moving average.I worry about Square in the short- to intermediate term if it can't get over some of these technical levels. Specifically, I want to see Square over the 10-week moving average and above the 38.2% retracement. Over downtrend resistance (purple line) would eventually be nice too.If it can't do that though, it's prone to more declines. Those declines are exacerbated in the event that U.S. stocks take a bigger hit. I have my sights on three potential downside levels: $60 is a notable level of both resistance and support and only gave way amid a flood of selling in December. At $55 is the 100-week moving average, which should provide a bounce should SQ stock test it.Finally, a retest of the lows near $50 should attract buyers. I don't expect this level without a larger flush in the broader market. Bottom Line on Square StockSquare has been a multi-year stud, but that action has not translated to 2019. The company still has a terrific growth profile, with analysts modeling revenue and earnings to grow 43.5% and 60% this year, respectively; 2020's forecast is solid too, at 35% and 49% growth, respectively.While management provided a solid full-year outlook on May 1, second-quarter guidance came up a bit short. At 88 times this year's earnings (after the earnings pullback), SQ stock doesn't have much room for error. Disappointing on guidance, however marginal, can sap momentum in a hurry.Let's see where Square stock can firm up and whether it can regain momentum. Over the 10-week will be the first sign of turning it around.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long V. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post If Square Stock Starts to Fall It Might Be Hard to Stop appeared first on InvestorPlace.
Buckingham Research analyst Chris Brendler reiterated his bullish view of Square Inc.'s stock and called it his "top pick by far" in payments. "We think the market is missing what we view to be a key positive from 1Q results: the shockingly high [total payment volume] penetration in the new Square Card for Sellers," he wrote, referring to a debit card that lets Square merchants immediately spend their funds at stores. With TPV penetration at "already over 20%, we think this is much higher than anyone expected and our analysis suggests huge upside potential, ~12 ppt tailwind to 2021 revenue growth." Brendler rates the stock a buy with an $100 price target. Shares have dropped 14% over the past three months, as the S&P 500 has risen 2.7%.
It has been anything but hip to be a Square (NYSE:SQ) investor of late. But longer-term growth prospects and a supportive price chart mean it's time to buy SQ stock today at a favorable risk-adjusted price before other investors inevitably change their tune. Let me explain.Source: Via SquareTuesday aside, the broader market has quickly become a more difficult environment for bulls to buy stocks in with confidence. Elevated trade-war risks are basically holding Wall Street hostage. But SQ stock had already been marching to the beat of its own bearish drummer, with shares shedding 25% since late February.The good news for Square stock? It's our contention the dismissive price action is offering today's investors a solid opportunity to buy growth at a discount off and on the price chart.InvestorPlace - Stock Market News, Stock Advice & Trading Tips SQ Stock Weekly ChartAbout two weeks ago, Square's mixed quarterly confessional got the better of investors. Reduced, below-views guidance for the current quarter and a modest miss in gross payment volume sent shares sinking to fresh relative lows. * 10 Retirement Stocks That Won't Wilt in a Bear Market The dismissed upshot of the earnings report is SQ stock also delivered yet another strong top- and bottom-line beat. The company also raised its full-year outlook modestly above Street midpoint forecasts and continued to show overall solid-looking growth topped by the company's "outperformance in Cash App as well as continued strength across our seller business."As of Tuesday's close -- and nearly two weeks after SQ stock's initial fallout and the continuation of the downtrend -- Wall Street's near-term anxieties have put shares into a solid-looking technical spot for buying growth at a discount.Specifically, we can see SQ stock's 25% correction on the weekly chart is also testing the 62% retracement level tied to late December's ubiquitous bottom. The price action in Square has also put shares into the lower and pinching Bollinger Band. Lastly, stochastics is also oversold. The net result of Square's weekly chart are shares appear to be offering investors a technically well-supported purchase to go long the name. SQ Stock Buying StrategyThe suggestion for buying SQ stock is to allow the trading week to complete and look to go long as the shares confirm a weekly candlestick low. As of Tuesday's close (and if prices were to remain confined to the two-day range and finish in this area), the candle would look like today's weekly doji. Investors would then only purchase Square if shares moved through $65.24.Initially, I'd recommend simply setting a stop-loss below the weekly pattern low. On the upside, using a 2:1 ratio to peel off one-third of the SQ stock position is how I'd reduce exposure while taking profits.The objective of this type of entry is an attempt to avoid buying SQ stock during a potential two-to-three-day dead-cat bounce in the broader market and getting suckered in long during a temporary rally. More importantly, Square's weekly chart has done a good job of marching to the beat of its own bearish drummer. We're confident it is readying to change its tune for the better.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. . For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post Square Stock Is Moving Toward Buy Territory appeared first on InvestorPlace.
Payments processor Visa (NYSE:V) has been a gift that keeps on giving for investors who've held on to their shares. V stock is up roughly 21% so far this year and many believe the firm can keep going. The S&P 500 index is up 13.4% in the same period.Source: Shutterstock However, with a price-earnings ratio of 33.1 and a dividend yield that's below 1%, Visa stock is also an expensive buy. While the V stock price is up there, the company has a lot of room to keep on growing and that make the shares a solid addition to long-term investors' portfolios. Payments Processing GoldmineOne of the biggest reasons investors consider Visa stock at all is the fact that the firm is the largest payments processor in the world, as measured by the number of branded cards issued. That's a big deal because the industry itself has a huge growth runway, so owning the largest beneficiary of that trend has its perks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dangerous Dividend Stocks to Stay Far Away From People are abandoning cash and opting instead for credit/debit cards and digital payments. Back in 2016 we saw the number of non-cash purchases overtake cash for the first time, and since then the gap has only gotten wider. Visa has been on the receiving end of a great deal of that growth. In 2018, Visa processed 124 billion transactions on its network -- a step up from the 111 billion it facilitated in 2017.Those rising transaction figures are the reason Visa has been able to consistently produce double-digit growth over the past few years, a trend that most expect to continue throughout the medium term. Growth AheadWith the largest number of outstanding cards, Visa has a lot of power over the fees it can charge merchants and it's used that power to grow its margins. As one of the most widely accepted credit cards, Visa appeals to customers and that in turn makes merchants more willing to pay a premium to accept Visa payments.It's also important to recognize that Visa stock isn't just a credit card play anymore, either. V has also started branching out into the digital payments space with Visa Checkout, and the firm has also took a position in Square (NYSE:SQ), a smaller payments processor with a firm foothold in next-generation payment methods. Times They Are a' ChangingSome argue that Visa's dominance in the payments processing space is actually a negative. The firm's near duopoly with Mastercard (NYSE:MA) in the credit card space could make it a target for regulatory action, especially as cash payments continue to dwindle and it becomes more and more necessary to have a credit card on-hand. Plus, there's further to fall when you're already at the top. Investors aren't wrong in saying that Visa stock has high expectations to live up to. We saw that materialize in the second quarter when V announced its earnings results. Despite the fact that Visa beat earnings expectations and met revenue predictions, the stock declined as investors digested the news. For those investors who like the payments sector but looking for broader exposure than just one name, the ETFMG Prime Mobile Payments ETF (NYSEArca:IPAY) might be the way to play it, with V stock, MA and SQ among the top holdings in its 40-stock portfolio. Visa Stock's Worth The PriceSure, there are risks when it comes to buying Visa stock. If you're a value investor, it can be worrisome to invest in a stock that's trading near all-time highs. However, it's important to note that Visa is almost always trading near all-time highs because the firm delivers solid growth more often than not. * 7 Cloud Stocks to Buy on Overcast Days The buy case for Visa stock is a simple one: the firm has a commanding market share in an extremely scalable business. The growth opportunity is there and Visa doesn't have to work hard to get it. While some of its peers like American Express (NYSE:AXP) are considerably cheaper -- at a P/E of 14.9 -- Visa offers a level of stability and security that others can't simply because of its size and reach.As long as you believe that non-cash transactions will continue gaining momentum, V stock will be a worthwhile consideration. Don't let the company's price-tag scare you, it almost never trades at a huge discount. Visa is the kind of stock you buy and hold on to for years, so its worth a look for long-term investors. As of this writing Laura Hoy did not hold a position in any or the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post Is Visa Stock Too Expensive at $160 Or Is There Even More Upside Here? appeared first on InvestorPlace.
In prior generations, figuring out the best retirement stocks to buy was a relatively straightforward proposition. You take a good company with a solid business (one that hopefully pays a consistent dividend) and put it in automatic mode in your portfolio. Over time, these "sure bets" provided enough stability to keep you going.But that was then. Today, the best stocks for retirement don't necessarily follow a clean, linear path. Many economists argue that we're in the midst of the fourth industrial revolution. In a nutshell, the first two phases involved accelerating human efficiency. The internet sparked the third revolution. Now, with human capacity maxed out, we're exploring machine learning and automation.I'm not suggesting, though, that machines will replace human workers entirely. We'll still have a need for commerce, education, transportation and other social functions. The future will look very similar to what we see now, at least from the outside. But the nature of work and employment will change. This shifting tide necessitates a different approach toward stocks for retirement.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor example, rather than looking strictly at dividends, visionary investors should consider relevancy. That is, the best stocks to buy underline organizations that will likely be around for the next few decades. Obviously, there's no point in acquiring income-generating investments if they'll collapse five years from now. * 7 Dividend Stocks to Buy as the Trade War Reignites So with that backdrop, here are ten of the best retirement stocks to buy now. Square (SQ)Source: Via SquareAdmittedly, tech firm Square (NYSE:SQ) doesn't classify as one of your typical retirement stocks to buy. For now, it's purely a growth name. Although returns have been monstrous, cyclicality; therefore, volatility is a major concern. Obviously, SQ stock does not pay a dividend.So why include it among the best stocks for retirement? Because few investments have a legitimate chance for long-term relevancy quite like SQ stock. As I've explained many times before, small business represents the somewhat underappreciated engine of the U.S. economy. I expect this trend to continue forward, which is why you'll want exposure to SQ shares.The days of giant corporations are coming to an end. Market revolutions such as e-commerce have put these names on the firing line. Instead, the future economy will be built upon small, agile businesses. Square's payment-processing products and services give these next-generation companies the ability to compete effectively. Twitter (TWTR)Source: Shutterstock Although I might look like a younger version of him, I'm no Michio Kaku. Logically, this also means that I'm no futurist. But looking decades ahead, I'm certain that social media will likely play a critical part in how we live.With its two-billion plus user base and investments in multiple technology-based ventures, Facebook (NASDAQ:FB) appears to be the best long-term bet. However, I'm going to go out on a limb and give the nod to Twitter (NYSE:TWTR).A major reason why is the changing nature of fame and stardom. Recently, I had a chance to speak with actress Catherine Bell and her son. Instead of merely asking for a photo, I also requested an autograph. That must have been a throwback moment for them, and in the process, I witnessed a very cool mother-son exchange. * 10 'Buy-and-Hold' Stocks to Own Forever Today, regular folks aren't impressed with autographs. Instead, they expect interactions with their favorite celebrities. I think this dynamic will only grow in magnitude, which is why I like TWTR as one of the longer-term retirement stocks to buy. H&R Block (HRB)Source: Mike Mozart via FlickrFor the longest time, I considered H&R Block (NYSE:HRB) an anomaly. Obviously, most Americans are employees. Furthermore, most of this group are clock-punchers, or those who get paid hourly. Therefore, their tax preparation is straightforward. Even if a young worker had some questions, you learn it once and you'll never forget.With such simplicity, this does not support H&R Block's inclusion among retirement stocks to buy. Even if a clock-puncher acquires assets like real estate, a Schedule A isn't that difficult to complete. Plus, President Trump's tax reforms providing generous standard deductions almost moots Schedule A.So why discuss HRB stock? Because the country's labor force is rapidly shifting toward the gig economy. With automation on the rise, we'll see more independent contractors, not employees. As it stands, an independent contractor's taxes are much more complicated than a typical worker bee's taxes.Therefore, don't neglect HRB among your best stocks to buy for retirement. Alphabet (GOOG, GOOGL)Source: Shutterstock Similar to Square, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) doesn't typically slot its name among retirement stocks to buy. Its focus is on internet technologies and disrupting old platforms with more efficient digital ones. Plus, it doesn't currently pay a dividend, which attracts criticism for wasting its cash hoard.Perhaps in the future, GOOG stock will become an income-generating investment. But that's not why I'm pegging Alphabet as a long-term bet. Instead, I love its dominant position in the search-engine space. With the internet having quickly matured, I don't expect Google to follow in Netscape's path: Alphabet is too ingrained to give up the No. 1 spot. * 10 Monthly Dividend Stocks to Buy to Pay the Bills But I'm also digging management's drive to expand their revenue sources beyond just digital advertisements. For example, automated-taxi service Waymo is more or less an experiment. But a decade down the line, this could very well be the future of personal transportation. Therefore, I think you can trust GOOG stock for the long haul. Verizon (VZ)Source: Shutterstock In recent months, I've written extensively about telecommunications giant AT&T (NYSE:T). To avoid overplaying the same song, I'm going to switch things up and discuss Verizon (NYSE:VZ). It's an easy switch, though, because the same principles apply.Regarding best stocks to buy for retirement, VZ hits the right notes. Like its rival AT&T, Verizon is an industry behemoth. Most likely, it's not going to give you the crazy returns you'd expect from an upstart tech firm. At the same time, it probably won't leave you devastated during a downturn. Plus, you can bank on that 4.2% dividend yield.But the overriding reason to seek exposure to VZ stock is 5G. The next-gen wireless network will form the backbone of future technologies. In fact, some experts believe that if integrated properly, no need will ever exist for 6G technology.I'd take that forecast with a grain of salt since tech never sleeps. But if it does turn out that way, you'll want exposure to VZ stock (or AT&T) now. Target (TGT)Source: Mike Mozart via Flickr (Modified)With Amazon (NASDAQ:AMZN) and the e-commerce revolution contributing to decaying malls across America, proposing Target (NYSE:TGT) as one of the retirement stocks to buy appears rather strange. TGT is a behemoth of a brick-and-mortar organization. Such business models are on the way out, so why recommend it here?Target has found a brilliant way to remain relevant in the 21st-century economy. All Target stores have one thing in common: massive parking lots. Prior to the rise of electric vehicles, most of these spaces would go unused (save for Black Friday). * 7 Bond ETFs to Buy But with EVs, management recognized an opportunity: install charging stations, allowing shoppers to peruse their stores while charging their vehicles. It's brilliant for many reasons, but I'll list two. First, the charging stations incentivize shoppers to come to the stores. Second, those shoppers will likely spend more time in the stores while they "fill up" their EVs. Kimberly Clark (KMB)Source: Shutterstock Most of the names on this list of retirement stocks to buy have some connection with technology. Of course, this is an inevitability: barring a few exceptions, societies always progress. But despite the push to ever-increasing innovations, some things will always stay the same. That's why I like Kimberly Clark (NYSE:KMB) for those with a very long-term view.Let's take for instance toilet paper. Dr. Kaku once made a remark that in the future, toilets will replace many medical-diagnostic centers. Every day, our toilets collect valuable biological information about us via "number one" and "number two." It's a stunning concept among several that Kaku has envisioned or forecasted.But I'll propose that the way we clean ourselves will still incorporate good ole fashioned paper products. In that sense, KMB stock will never go out of style. And if you don't find that argument convincing, you can always look to its 3.2% dividend yield. Tilray (TLRY)Source: Shutterstock Few, if any, have suggested cannabis firm Tilray (NASDAQ:TLRY) be considered a contender among the best stocks to buy for retirement. For one thing, TLRY stock is incredibly volatile, contrasting sharply with typical retirement investments. The other detracting point is that the marijuana segment is the market's wild west.All of these things are true if you're retiring tomorrow and need consistent income. However, if you're able to accommodate some patience, TLRY stock is a surprisingly viable name. That's because the legalization momentum is not just a matter of individual liberties. Instead, it speaks to the effectiveness of natural therapies, and the indictment of artificial, pharmaceutical concoctions.I've mentioned before about how big pharma played a big role in the current opioid crisis. But recently, professional athletes are pressuring their leagues to adopt cannabis friendly protocols. The issue makes sense: cannabis products like cannabidiol, or CBD, provide pain relief with no known side effects. * 7 Forever Stocks to Buy for Long-Term Gains With so much evidence favoring full marijuana legalization, I think you can trust TLRY stock longer term. Aqua America (WTR)Source: Shutterstock Utility companies often represent some of the best stocks for retirement. Usually, they generate consistent, stable revenues due to their secular demand. After all, when you flip the switch, you expect the light to turn on. As a result, utility companies tend to pay dividends.In that regard, Aqua America (NYSE:WTR) classifies as a traditional retirement-friendly investment. With the exception of 2017, top-line sales have consistently increased in recent years. Furthermore, WTR pays an okay dividend of 2.2%. A bonus is that shares have performed well in the markets.Although they're all good points, that's not the reason why I'm particularly interested in WTR. Rather, water is the most precious commodity that we have. As a water-utility services specialist, Aqua America will likely experience a surge in demand.It really comes down to simple math. Internationally, we're witnessing a rise in per-capita income levels. This dynamic translates to increased resource consumption, most notably water. Once basic supply and demand have their way, I anticipate WTR skyrocketing. Therefore, don't neglect to consider it among your stocks to buy. Uber (UBER)Source: Shutterstock Inarguably, the most controversial name in the markets in the here and now is Uber Technologies (NYSE:UBER). Since its initial public offering, UBER stock has dropped more than 17%. Even before this disastrous introduction, critics blasted the company for its exploitative business practices. And for years, the company has absorbed devastating PR crises.No question, Uber is a risky play, which is why I'm putting this name dead last on my list of stocks to buy. But despite all the noise, the tech firm's core idea is a compelling one: funnel taxi services into a single, centralized platform that crosses all international borders.As I discussed previously, Uber gives me the opportunity to explore regions without having to worry about language or customs. With this platform, I only have to concern myself with one language: money. Give me good service, and you'll get rewarded. Don't and you won't see me or my wallet ever again. This naturally incentives good behavior, even in notoriously brutish countries. * 10 'Buy-and-Hold' Stocks to Own Forever Plus, Uber is more than just ride-sharing. The company is levering its acumen toward other viable channels of the sharing economy. Sure, UBER is risky, but over the long run, I think it's a risk worth taking.As of this writing, Josh Enomoto is long T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed Compare Brokers The post 10 Retirement Stocks That Won't Wilt in a Bear Market appeared first on InvestorPlace.
Expenses like commuter costs, childcare, and healthcare can be automated to put some cash back in your wallet, and it doesn't cost employers anything. Avi Karnani, CEO and co-founder of Alice Financial, joins Yahoo Finance's Myles Udland, Melody Hahm, and Akiko Fujita to discuss how his startup is helping employees save.