Sell right now and go away? That old adage would have been horrible advice for investors who owned three biotech stocks that soared over the last week.
Following stocks chalked up huge gains over the last five days. What sent these biotech stocks into orbit? And are they still smart picks for investors? Here’s what you need to know about the fantastic week for them along with what could be next for each stock.
Best Casino Stocks To Buy Right Now: Alphabet Inc.(GOOGL)
Alphabet, of course, often known as Google with lots of other stuff attached. The ticker symbol is even just still GOOG. I had a good exchange with my friend Scott Phillips, who helps run Motley Fool Australia, and he was taking me to task by email, in a fun way, for organizing alphabetically by ticker. And Scott said — and quite rightly [I agree, Scott] — "Aren’t we much more about the companies, themselves, and the businesses? Tickers are more for trader talk and people who don’t necessarily think about the businesses, often, but the tickers more."
And I agree with you, Scott, so I’m going to order this one by company name and I expect to continue that going forward. And I know if I screw up, first of all, I’ll try to blame Rick Engdahl because he’s my filter. He’s my whipping boy. He’s my producer. I would immediately try to blame Rick. But if he didn’t accept the blame, or people started realizing my game, here, then you could hold me accountable, Scott, and say, "Hey, Dave! You screwed that up. Make sure you keep these company names ordered alphabetically."
So, thank you, Scott! And yes, thank you Alphabet for being such an amazing company! A company, as I said to my gathered Tar Heels last week, that a lot of us associate, naturally, Alphabet with Google today and search, but 20 years from now our kids will think about Google as the AI company, the artificial intelligence company as artificial intelligence, as Kevin Kelly said on this show a month or two back. It begins to become a ubiquitous thing around us. You know how Wi-Fi is kind of ubiquitous these days and 30 years ago nobody knew what Wi-Fi was?
Well, 30 years from now Kevin Kelly says [I agree with him], AI will be all around us like Wi-Fi, and people will wonder what the world was like before that, and that’s the future we’re moving into and Alphabet is the leader.
Best Casino Stocks To Buy Right Now: Sinovac Biotech Ltd.(SVA)
Sinovac Biotech Ltd. (NASDAQ:SVA) is a native Chinese biotech company that is focused on the Chinese market, and its key drugs are vaccines.
This is interesting on two fronts. First, vaccines are a good way for Chinese firms to enter into the pharmaceutical business because they are highly beneficial and if made locally, can be very cost effective.
For a nation that is looking to move from developing nation status to developed nation status, a healthy population and a solid healthcare system is an important factor.
Given this, SVA will get support from the government as it builds its expertise and reputation. What’s more, vaccines are proving to be highly effective in treating certain diseases as well as preventing them. This next-generation of vaccines could have significant potential.
But for now, the Chinese demand for improved native healthcare solutions is a key driver.
Best Casino Stocks To Buy Right Now: SITO Mobile, Ltd.(SITO)
SITO Mobile Ltd (NASDAQ:SITO) is a provider of location-based advertising and mobile messaging platforms that allow brands to launch targeted mobile advertising campaigns.
The stock is sporting a Zacks Rank #2 (Buy), and the company has witnessed strong earnings estimate revision activity and is now expected to improve its bottom line by 94% in the current fiscal year.
That earnings growth is projected to come on the back of 25% revenue growth. The company is still expected to be in the red this year, but earnings are estimated to turn positive soon, and EPS expansion is expected to reach an annualized rate of 25% over the next three to five years. Meanwhile, the stock is trading with a respectable P/S ratio of 2.1.
Best Casino Stocks To Buy Right Now: Boeing Company (BA)
Last but not least, add aircraft maker Boeing Co (NYSE:BA) to your list of retirement stocks to own before and after you retire.
If you think passenger jets and military aircraft are cyclical, you’re 100% right. Those cycles aren’t exactly aligned with broad economic cycles though, so at the very least a stake in Boeing is a counter-cyclical position.
More than that though, any down-cycle headwind Boeing may face in the future is likely just a mini down-cycle within a much bigger bullish super-cycle. Boeing believes the global industry is going to take delivery of 41,000 new airplanes over the course of the coming 20 years just to keep up with growing demand for air travel. For perspective, there are only about 23,500 commercial aircraft in use now.
It’s the kind of trade that requires a very long-term mindset, but retirement can last a long, long time. So can the time needed to build that nest egg.
Best Casino Stocks To Buy Right Now: (KHB)
KB Home (NYSE:KHB) is a well-known homebuilder in the United States and one of the largest in the state. The company’s revenues are generated from its Homebuilding and Financial Services operations. It has a 3–5 year EPS growth rate of 16%. The stock currently has a Value Score of B and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.