Nasdaq 100 nears record, and traders agree one lagging component can catch up $QQQ (via TradingNation)
last month as part of an internal investigation into sales fraud.
"Coffee was supposed to be recession-proof business and I think they got caught off guard a little bit, which is why the innovation of the management team is so important," Bapis said in the same "Trading Nation" interview. Bapis' other pick was the stock of networking technology company Cisco, which closed more than 1% higher on Tuesday.
So, when it comes to Cisco and Starbucks, "I think these two companies will be higher in 12 to 18 months, especially due to strong leadership," Bapis said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market live updates: Dow futures up 150, Nasdaq-100 nears record, reopening trades up againInvestors clung to optimism for a smooth economic reopening as more coronavirus restrictions started to ease.
Read more »
Stocks Rally, Dow Up 100 Points Despite Civil UnrestThe market opened higher today, with stocks continuing to rally on optimism about a reopening of the economy despite widespread civil unrest across the country over the killing of George Floyd by skleb1234
Read more »
Why Some People Are Able to Stay Sharp Past Age 100How the human brain stays healthy as it ages, according to ckbergland
Read more »
Hollywood's 100 Favorite Movie QuotesWhat topped the list? THR asked its entertainment industry readers to vote on the most memorable quote from every movie ever made. Ranked in descending order are the lines that made the cut.
Read more »
'Rain On Me' Debuts Atop Hot 100Lady Gaga and Ariana Grande&39;s &34;Rain on Me&34; storms onto the Billboard Hot 100 songs chart at No. 1.
Read more »
Fighting, looting lead to 100 arrests in San Diego protestsMore than 100 people in San Diego are arrested for charges ranging from failure to disperse, assaulting officers, burglary and vandalism.
Read more »