2 Stay-at-Home Tech Stocks to Buy Right Now

Some technology companies have had the unique opportunity to help businesses of all sizes weather the coronavirus pandemic. And some of these tech stocks have thrived as people around the world spend more time at home than ever before. 

Investors who are looking for a couple of investments that are tapping into the stay-at-home trend should consider snatching up shares of Zoom Video Communications (NASDAQ:ZM) and Limelight Networks (NASDAQ:LLNW). Here’s why these two stay-at-home tech stocks are worth considering right now.

A person on a video call.

Image source: Getty Images.

1. Zoom Video in on this investment opportunity 

I was a bit skeptical about Zoom’s stock when it started gaining attention months ago as the U.S. lockdowns began. My hesitation was that there are plenty of other video communication tools available from tech heavyweights, so how could Zoom’s services beat them all? 

Boy was I wrong. Zoom’s stock is up an astounding 611% so

Read More

Metro Denver counties with rising COVID-19 cases hope public education, targeted orders will stave off new stay-at-home mandates

New COVID-19 cases have increased in much of the Denver metro area, and county health departments are trying to persuade their residents they need to keep their distance to avoid new stay-at-home orders.

The Colorado Department of Public Health and Environment’s new dial framework places each county in one of five color-coded levels, with increasing restrictions on business capacity and event sizes.

Each county’s level is based on the rate of new cases compared to population, the percentage of COVID-19 tests coming back positive and how hospitalizations are trending.

As of Friday, 15 counties, or almost one-quarter of the state’s counties, had rates of new cases that could push them to issue additional restrictions if nothing changes. They get at least two weeks to bring the numbers down before more restrictions are on the table, though.

Unlike this spring, when businesses across the state were ordered to shut down, counties

Read More

Stay-at-home orders cut noise exposure almost in half

Oct. 9 (UPI) — Sometimes, living the quiet life is a choice. Other times, it’s the reality of a global pandemic. New research suggests lockdowns and stay-at-home orders led to a dramatic reduction in noise exposure.

For the study, published Friday in the journal Environmental Research Letters, scientists at the University of Michigan collected noise exposure data from volunteer Apple Watch wearers in Florida, New York, California and Texas.

“Volunteer participants opted to share environmental sound data from their Apple Watch and headphone sound data from their iPhone,” researchers wrote. “Participants for this analysis were chosen from four states which exhibited diverse responses to COVID-19.”

Scientists analyzed more than half-a-million sound exposure measurements from before and during the pandemic.

In locations where governments issued social distancing recommendations and stay-at-home orders, average sound exposure dropped three decibels during March and April compared to January and February.

“That is a huge reduction

Read More

Buy Netflix (NFLX) Stock for Long-Term and Stay-at-Home Growth?

Netflix NFLX doubled its own subscriber growth estimates in the first quarter, boosted by the initial shock of the early lockdown period, and followed that performance up with another big subscriber beat in Q2. The streaming TV firm has been at the forefront of the next wave in entertainment for years and now the coronavirus has seen Hollywood push back nearly all of its theatrical releases, which could benefit Netflix.

So let’s see what to expect from Netflix’s third quarter results that are due out on October 20, and try to help investors determine if it’s still time to buy NFLX for the long-haul…

The Only Game in Town

Netflix added 15.8 million paid users around the world in Q1 to crush its 7 million guidance that it provided before the coronavirus changed things dramatically. NFLX then pulled in over 10 million in the second quarter to blow away its

Read More

IKEA gets sales boost from shoppers’ new stay-at-home focus

STOCKHOLM (Reuters) – IKEA sees sales returning to growth this year after the coronavirus crisis boosted shoppers’ interest in spending more on their homes, a trend the world’s biggest furniture retailer believes is here to stay.

IKEA is shifting focus from its traditional large out-of-town stores towards e-commerce and smaller inner-city formats as it adapts to the growth of online retailing and new shopping habits.

Jon Abrahamsson Ring, an IKEA veteran who became CEO of brand owner and franchisor Inter IKEA in March, said that, including test formats stores, some 50 new stores would open in the current year, against around 30 in 2019/20. Most of IKEA’s new stores are in inner-cities.

Retail sales – sales of products and services at the 445 IKEA stores and online – shrank 4% in the year through August, to 39.6 billion euros ($46.7 billion).

Abrahamsson Ring told Reuters retail sales at comparable stores

Read More

Enthusiasts suffer cooking burnout 6 months into stay-at-home life, look for fresh ideas | Pune News

Pune: After participating in various social media challenges that gained momentum when the lockdown began, enthusiastically baking, plating and taking ‘Insta-worthy’ images, people are at their wit’s end trying to keep things interesting in the kitchen.
Six months after staying home, people are going through a cooking burnout. “I love to cook, but thinking of what to make has become frustrating of late. We’ve tried many different recipes from various cuisines — Mexican, Spanish, African, and so on, to shake things up between regular Indian home food. But even that has become boring now,” said a cooking enthusiast in the city.
Chef and restaurateur Rachel Goenka said, “It’s unfair to burden one person with deciding what to cook. We usually plan a menu in advance for the week. We think about splitting up the week into vegetarian and non-vegetarian days or deciding on what day you would like to cook
Read More

Stay-at-Home Stocks Send Markets Soaring Friday

The stock market has been looking for a strong recovery, and on Friday, it finally got one. Even though investors are still uncertain about what another potential round of federal government stimulus might look like or whether the COVID-19 crisis will continue, they nevertheless feel confident that the long-range prospects for the economy and the markets are sound. That helped lift the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite (NASDAQINDEX:^IXIC) considerably on Friday.

Today’s stock market

Index

Percentage Change

Point Change

Dow

+1.34%

+359

S&P 500

+1.60%

+52

Nasdaq Composite

+2.26%

+241

Data source: Yahoo! Finance.

Earlier this year, investors seemed to have the idea that the key to a permanent recovery would be for things to return as much to normal as possible. As 2020 has progressed, though, many market participants are getting more comfortable with the idea that the pandemic might create some

Read More

Stay-at-Home Orders More Effective on Virus Than Closing Businesses

(Bloomberg) — Shelter-in-place orders by U.S. state and local governments did more to combat the spread of the coronavirus than business closures while destroying fewer jobs, researchers at the University of Pennsylvania said in a new study released Wednesday.



a man sitting on a table: A person works from home in an arranged photograph taken in Princeton, Illinois, U.S., on Tuesday, Sept. 8, 2020. Coronavirus cases in the U.S. increased 0.4% as compared with the same time Monday to 6.32 million, according to data collected by Johns Hopkins University and Bloomberg News.


© Bloomberg
A person works from home in an arranged photograph taken in Princeton, Illinois, U.S., on Tuesday, Sept. 8, 2020. Coronavirus cases in the U.S. increased 0.4% as compared with the same time Monday to 6.32 million, according to data collected by Johns Hopkins University and Bloomberg News.

Interventions “that target individual behavior (such as stay-at-home orders) were more effective at reducing transmission at lower economic cost than those that target businesses,” economist Kent Smetters and analysts Alexander Arnon and John Ricco wrote.

Loading...

Load Error

The paper is one of several being presented Thursday at a conference hosted by the Brookings Institution in Washington studying the impact of Covid-19 on

Read More

Stay-at-home design: Bright gathering spaces and moody nooks for study and work

Jacquelyn Burke and Jeremiah O’Connor finished reading the Harry Potter books to their son and daughter, ages 7 and 8, during the COVID-19 shutdown this spring. The 18-month marathon took place in the tucked-away space at the top of the stairs (no, not underneath) next to the kids’ craft table. The 42-square-foot reading or “nap nook,” as the family calls it in honor of its somniferous effect, boasts a window seat made from a twin mattress wrapped in tweed, built-in bookshelves, and soot-colored shades. It’s painted in Sherwin-Williams Basil, a cozy shade of saturated green. “We’re a family of readers who love to be home,” Burke says. “It was important that the rooms be comfortable.”

Burke, an attorney who traveled frequently pre-pandemic, also wanted their Milton home to be stylish and clutter-free. She hired interior designer Sarah Scales to pull it together. Absorbing ideas from images of rooms imbued with

Read More