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The coronavirus pandemic is causing all kinds of havoc for individuals and businesses. Over 30 million people have filed for unemployment benefits in the U.S., and the country faces a major recession. Importantly, there are businesses that will be hit harder than others, and tho

(RTTNews) - Canadian shares are likely to open higher Monday morning with investors closely tracking the developments following several countries reopening their businesses that had been locked down to prevent the spread of the coronavirus pandemic.

There's little question that the coronavirus disease 2019 (COVID-19) pandemic has tested the resolve of investors like nothing before. Even though the peak-to-trough decline in the broad-based S&P 500 of 57% during the Great Recession is considerably higher than the peak dec

The coronavirus pandemic has affected millions of Americans financially, and those nearing retirement age may be particularly vulnerable.

For three months, Wall Street and investors have been taken for quite the ride. Panic surrounding the coronavirus disease 2019 (COVID-19) pandemic wound up pushing the benchmark S&P 500 to its fastest bear market in history, and it ultimately cost the index 34% of its value

(RTTNews) - Asian stock markets are mostly higher on Monday despite the lackluster cues from Wall Street Friday amid concerns over rising U.S.-China tensions. Optimism about a recovery in growth following the reopening of economies and hopes about more stimulus measures by globa

(RTTNews) - Indian currency, debt and equity markets remain closed today for Eid-ul-Fitar.

(RTTNews) - The Japanese stock market is advancing on Monday despite the lackluster cues from Wall Street Friday and concerns over rising U.S.-China tensions. Investor sentiment was buoyed by news that the Japanese government plans to completely lift the state of emergency over

Oil prices imploded earlier this year, which has decimated many oil stocks. Things have gotten so bad that several have already declared bankruptcy. That trend is likely to continue in the coming months. 

(RTTNews) - The South Korea stock market on Friday halted the five-day winning streak in which it had spiked almost 75 points or 3.7 percent. The KOSPI now rests just above the 1,970-point plateau and it may remain stuck in neutral again on Monday.

Take-Two Interactive (NASDAQ: TTWO) recently announced sales growth that blew past management's outlook. The video game giant's NBA 2K20, Grand Theft Auto, and Borderland brands were just a few of the standouts that allowed net bookings to jump 49% in the fiscal 2020 fourth quar

2020 has been a rough year for a lot of stocks. From the market peak in late February to the market trough in late March, the arrival of COVID-19 subtracted 35% from the value of the S&P 500. Few stocks were hit as hard as online furniture store Wayfair (NYSE: W), which lost

It's hard to find a bigger set of winners on the stock market in recent weeks than cloud-computing stocks.

During the COVID-19 pandemic, adapting to the new normal has meant finding new ways to stay active. Forced out of the gym, many consumers have turned to Peloton Interactive (PTON) and its indoor exercise equipment and platform to feel the burn. In response, the stock has been working up a sweat as well, climbing 80% higher in the last three months.  

Writing for Needham, five-star analyst Laura Martin has been a vocal supporter of the company throughout the public health crisis, but there’s a plot twist. What has changed in the PTON story? After hosting a fireside chat with Peloton's CFO, Jill Woodworth, the analyst tells clients that she sees the positive valuation implications extending through 2021 and beyond.  

First and foremost, Martin points out the ecosystem value, or the lifetime value per customer versus customer acquisition costs (LTV/CAC), is higher than her pre-COVID estimates. PTON was able to reach 1 million subscribers three months earlier than she originally expected, which is significant as “$40/month for 3 months extra adds $120 to LTV up front, at a much higher LTV/CAC since PTON has stopped ads during COVID-19.” Not to mention churn is also on the decline, implying higher LTV.  

There has also been significant total addressable market (TAM) expansion thanks to COVID-19. To back up this claim, Martin cites the fact that the number of buyers under 35 years old is two times higher, the indefinite closure of gyms is driving more bike purchases and 30%-50% of new owners didn’t have any intention of buying a bike before the pandemic. In addition, stronger barriers to entry like music, PTON’s edge over its peers with respect to its installed base, structurally lower bike production costs and mobile-only paying subscribers and free trial subscribers, which are a low-cost onramp to PTON's platform, bode well for the company. 

While Martin acknowledges that its expensive treadmill played into investors’ fears that its TAM was only made up of wealthy consumers, COVID-19 added 40 million unemployed subscribers. This reflects a “catalyst for lower-cost bike purchases, which would materially grow PTON's actual and perceived TAM.” 

Martin added, “We believe investors are undervaluing structural cost savings tied to COVID-19, such as: a) near-zero marketing costs now in US and UK driving positive adjusted EBITDA during full year 2020, two years earlier than IPO projections; b) excess bike installs are moving PTON down the production cost curve faster, resulting in a higher gross margin structurally.” 

All of the above prompted Martin to keep a Buy recommendation and $50 price target on the stock. This target conveys her confidence in PTON’s ability to surge 9% in the next year. (To watch Martin’s track record, click here)     

In general, other analysts echo Martin’s sentiment. 20 Buys, 1 Hold and 1 Sell add up to a Strong Buy consensus rating. Based on the $48.23 average price target, the upside potential comes in at 5.3%. (See Peloton stock analysis on TipRanks)      

COVID-19 has affected the way Americans live, work, eat, shop, and earn money. It's the latter that has a lot of people worried, what with unemployment levels reaching record highs and so many people struggling financially.

DocuSign (NASDAQ: DOCU) has built a $1 billion annual revenue business from subscriptions to its e-signature service starting as low as $10 per month and has handed shareholders incredible market-beating returns since it went public in April 2018. 

Unconscious bias influences much of our thinking. Considering the sheer number of decisions we make in a day, it's often helpful to simply go with our gut, eliminating lengthy internal deliberation. But unconscious bias can wreck your portfolio by flippantly dismissing great com

Back in late March, I outlined the reasons why I purchased shares of Walmart (NYSE: WMT) and Target (NYSE: TGT) as the economic lockdown to bring COVID-19 to heel got under way. Both buys have been profitable so far and are beating the S&P 500's performance 2020 to date, and

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