Tech Stocks – Stock Market Weekly

Is Pinterest Stock a Good Choice for Investment?

blogadmin February 26, 2021 no Comments

Pinterest is a very popular social media platform worldwide for the sharing of images related to almost everything from art and craft to travel and furnishing. This platform is however different from other social media platforms because it is used basically for finding new ideas or searching about various activities. Pinterest and its Growth in 2020 The final quarter of 2020 saw the company had 459 active users (monthly) and in the year 2020 as a whole, the firm added around 100 million active users (monthly) to its already existing monthly active users. If we consider its growth based on year over year then the company’s monthly active users have risen by as much as 37%. The growth of the company is very well visible and that makes it an attractive choice for investing. Moreover, the company tends to grow further because there are no reasons or signs that the growth will slow down in the future. Its popularity is increasing and that is the major reason for the rise in subscribers which eventually adds to the profit and income of the company. Pinterest Inc. (NYSE: PINS) 52 Week Range: $10.10 - $86.49 Average Volume: 11,327,818 Market Capital: $50.162B Forward Dividend and Yield: N/A (N/A) The increase in the stock price of the company defines how well the company has progressed in a year despite that the year 2020 was the year when the coronavirus pandemic was at full force. An investment in the company looks like an investment that…

Amazon

Highly Profitable Stocks to buy in 2021

blogadmin January 25, 2021 no Comments

The stock market faced numerous ups and downs during the year 2020. These were primarily due to the coronavirus pandemic and the 2020 US Presidential Elections for the election of the 46th President of the United States. The year was a year full of gains and profits for the stocks of some companies while various other companies had to face the wrath of the pandemic and their businesses got slowed down or shut down. Now, this year is a year of re-establishment for those companies and a year of gaining more for the companies who performed well last year. Here, let us discuss the stocks which will give great profits upon investment. In the case of these stocks, investors can expect good profits. These stocks will work out well for both the old shareholders and the new shareholders. Innovative Industrial Properties Inc. (NYSE: IIPR) 52 Week Range: $40.21 - $199.35 Average Volume: 475,650 Market Capital: $3.992B Forward Dividend and Yield: 96 (2.71%) Alphabet Inc (NASDAQ: GOOG) 52 Week Range: $1,013.54 - $1,847.20 Average Volume: 1,660,769 Market Capital: $1.177T Forward Dividend and Yield: N/A (N/A) UnitedHealth Group Incorporated (NYSE: UNH) 52 Week Range: $187.72 - $367.95 Average Volume: 3,126,431 Market Capital: $327.153B Forward Dividend and Yield: 00 (1.43%) Costco Wholesale Corporation (NASDAQ: COST) 52 Week Range: $271.28 - $393.15 Average Volume: 2,248,396 Market Capital: $166.436B Forward Dividend and Yield: 80 (0.74%) Fiverr International Ltd. (NYSE: FVRR) 52 Week Range: $20.42 - $228.49 Average Volume: 1,311,331 Market Capital: $7.53B…

Tech Stocks

Apple Increased iPhone Production in 2021

blogadmin January 20, 2021 no Comments

There was a wholesome 4% rise in the shares of Apple when the news surfed up that Apple will increase the production of iPhone in the first half of the next year i.e. 2021 by as much as 30%. This news was reported by Nikkei, a Japanese news outlet. A 30% rise in production means that the company has planned to produce 96 million iPhones during the period from January 2021 to June 2021. The iPhones included in this case, that will be produced are the newly launched iPhone 12 (5G compatible) along with the iPhone 11 and iPhone SE. The production planning is not just limited to the first half of the next year but Apple plans to produce 230 million iPhones in the whole next year. These reports have anonymously come out via Nikkei and boosted up the stocks of Apple in the market. iPhone in Demand The demand for the iPhone 12 Pro and iPhone 12 Pro Max is very high. This phone has the latest 5G technology and even though Apple launched its 5G compatible model quite late as compared to the other companies, but it has become a major hit as always. The iPhone 12 mini however is not as much in demand and the sale of this model is slower and lesser as compared to the other models of iPhone 12. Therefore, more the production and sale of the premium iPhone models more will be the earnings of the company and the stocks of…