Author: Vitaliy Dadalyan

7 New Stocks to Buy for 2021 and Beyond

The Renaissance IPO Index is up 37.7% year to date compared to -1.3% for the S&P 500. If you're interested in making some long-term investments, here are seven new stocks to buy from this index.By new, I mean stocks that have either had an IPO in 2020 or went public last year but have been added to the index in 2020. As for IPOs themselves, Renaissance Capital, the people behind both the index and exchange-traded fund, says there have been 71 pricings so far in 2020, down 11.3% from July 14, 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Growth Stocks That Are Being Propped Up By Low Rates In the past five years, 2018 had the most IPOs with 192. The average between 2015 and 2019 is 157. If 2020 keeps at the same pace, it will come in slightly below the five-year average. *...

Vaccine News Is a Selling Opportunity for Royal Caribbean

Royal Caribbean (NYSE:RCL) stock finally caught a break. After sliding for most of the past month, Royal Caribbean shares soared more than 20% on Wednesday on elevated trading volume.Source: Laszlo Halasi / Shutterstock.com News of a potential novel coronavirus vaccine has the travel stocks surging again, and the cruise lines are right in the middle of the action. Before you get too excited, however, take a moment to consider Royal Caribbean's broader business outlook. While the vaccine news is a big plus, it's not enough to justify owning the stock as a long-term investment. Here's what you need to know. Vaccine Development Is AdvancingOn Tuesday, after the market closed, Moderna (NASDAQ:MRNA) announced favorable results for its Covid-19 vaccine candidate. The company told us that its vaccine produces a strong immune response in recipients. The company's trial was small, and there are some obstacles, such as the vaccine potentially requiring a booster...

Bri-Chem Announces Closing of $6.25M BCAP Term Loan and Extension of Senior Credit Facility

EDMONTON, AB, July 17, 2020 /CNW/ - Bri-Chem Corp. ("Bri-Chem" or "Company") (TSX: BRY), a North American oilfield chemical distribution and blending company, is pleased to announce the closing of a $6.25 million term loan (the "BCAP Loan") with Canadian Imperial Bank of Commerce ("CIBC") under the Canadian Government Business Credit Availability Program ("BCAP") and that we have reached an agreement with CIBC to extend the term of our Asset Based Lending Facility ("ABL Facility") to October 31, 2021. The Company and Greypoint Capital Inc. ("Greypoint") have also agreed to certain amendments and additional terms to the Company's current subordinated term loan with Greypoint in the aggregate principal amount of $7,866,667 ("Sub Debt Loan")....

Buy Costco Stock With Both Hands

Over the past six months, big-box retailer Costco (NASDAQ:COST) has proven itself to be a resilient holding for long-term investors. Costco stock fell below $300 per share in March but has since made its way to new highs amid the novel coronavirus outbreak.Source: ilzesgimene / Shutterstock.com Costco is always a buy on a pullback, but with the share price trading near all-time highs, is it still worth picking up? The answer is yes if you're a long-term investor. COST benefits from both long- and short-term catalysts that make it a valuable addition to almost any portfolio. With the market's volatility set to continue through the end of the year, investors could start building a position in Costco stock slowly and keep the firm on their watch list to buy any future dips. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Costco Stock Is the Ultimate Pandemic PlayUnlike many other...