Investors are exercising extreme caution in the face of the global resurgence of COVID-19. Nonetheless, the market has improved significantly since the downturn in 2020, when nearly every sector, particularly manufacturing, retail, and entertainment, was impacted by the pandemic-induced recession. Certain industries experienced a surge in demand during the coronavirus outbreak. Additionally, investors continue to favor technology growth stocks, electric vehicle stocks, and battery stocks. The infrastructure bill introduced by Vice President Joe Biden is boosting investor sentiment in electric vehicle, battery, and charging equipment stocks such as Blink Charging Co.
Here is Insider Monkey’s list of the 15 good stocks to buy right now. The shares of Astra Space, Inc. have increased by 29 percent over the last five days. The company’s market capitalization is $2.7 billion. Astra Space reported an EPS of -$0.53 for the quarter ended March 2021. Microvast Holdings, Inc. is a battery manufacturer based in Texas that specializes in ultra-fast charging batteries. The company specializes in the manufacture of batteries for commercial and passenger vehicles. With 2,310,694 million shares valued at $7.44 million, Ionic Capital Management is the largest shareholder. Virgin Galactic Holdings, Inc. shares have increased by 70% in the last three months. The company’s market capitalization is $8.6 billion. D E Shaw is the company’s largest shareholder, owning 1,849,261 shares valued at more than $85.1 million. fuboTV Inc. is a live TV streaming platform headquartered in New York City that ranks 12th on the list of the top 15 stocks to buy right now. Revenue increased 196 percent year over year to $130.9 million in the company’s second quarter. Cognyte Software Ltd. is an Israeli developer of security analytics software. It is ranked eleventh on the list of the top fifteen stocks to buy right now. The technology company’s artificial intelligence-powered analytics solutions benefit commercial clients and local governments. Xpereng Inc. sells premium electric vehicles equipped with cutting-edge internet and artificial intelligence technologies. In July, the company announced a monthly delivery record of 8,040 smart EVs, a 228 percent increase year over year. The company’s market capitalization is $37 billion. For more details, click the 15 Good Stocks To Buy Right Now.
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