Stocks are lower Monday as the hope for a global recovery have paused due to outbreaks in Brazil and India. More than five million positive COVID-19 cases were confirmed this past week, the most on record.
If you're looking for the best stocks from this week, check the 15 best stocks from this past week including Novavax, BioNTech, Moderna, Nuance, Nvidia, Wells Fargo, Tesla, Dell and more.
Here are several stocks that fell this past week and could present an opportunity to "buy the dip".
1. QuantumScape | -22.39% Past Week | -37.72% 1 Month
QuantumScape (QS) - Get Report says its stands by its data following a scathing report from activist short-seller Scorpion Capital.
2. Plug Power | -15.67% Past Week | -36.18% 1 Month
During the Lightning Round of an episode of Mad Money this past week, Jim Cramer said Jim Cramer’s bullish on Regeneron and Bumble but says we need to get to the bottom of Plug Power's (PLUG) - Get Report accounting issues.
TheStreet Quant Ratings rates Plug Power as a Sell with a rating score of D.
3. Discovery | -11.10% Past Week | -50.75% 1 Month
TheStreet Quant Ratings rates Discovery as a Buy with a rating score of B.
4. Pinterest | -10.82% Past Week | +3.29% 1 Month
TheStreet Quant Ratings rates Pinterest as a Hold with a rating score of C-.
5. Xpeng | -10.35% Past Week | -13.94% 1 Month
Xpeng (XPEV) - Get Report debuted the Xpeng P5 smart sedan on Wednesday, which the Chinese electrical vehicle maker said is the world’s first mass-produced smart EV equipped with automotive-grade LiDAR technology.
The Xpeng P5 is the company's third production model. LiDAR, or light detection and ranging, is a system that helps provide visibility for autonomous vehicles.
6. Carnival | -7.75% Past Week | -4.32% 1 Month
Carnival (CCL) - Get Report and shares of other cruise lines were sliding Tuesday after U.S. health officials suspended the use of Johnson & Johnson's (JNJ) - Get Report COVID-19 vaccine over concerns about blood clotting.
TheStreet Quant Ratings rates Carnival as a Sell with a rating score of D.
7. Zillow | -7.24% Past Week | -7.91% 1 Month
After the Great Depression, we saw many lasting changes in behavior, Cramer explained, and the same is true today. For example, the urban exodus is likely here to stay, and that's great news for the homebuilders and everyone from Zillow (Z) - Get Report to Tractor Supply.
TheStreet Quant Ratings rates Zillow as a Hold with a rating score of C.
8. State Street | -6.99% Past Week | -3.85% 1 Month
TheStreet Quant Ratings rates State Street as a Buy with a rating score of B.
9. DraftKings | -6.95% Past Week | -13.64% 1 Month
DraftKings got a boost after the National Football League named DraftKings, Caesars, and FanDuel as the official betting partners.
Cramer likes DraftKings and Penn National but wants to see year-round sports betting outside of the NFL season.
10. Palantir | -6.53% Past Week | -12.26% 1 Month
With more companies and government agencies turning to technology to help solve their issues, Palantir PLTR has been in the spotlight since its public debut in September.
TheStreet looked at Palantir charts to see how to trade the stock earlier this month.
NOTE: Recently, Quantitative Analysis by TheStreet Quant Ratings objectively rated these stocks according to its risk-adjusted total return prospect over a 12-month investment horizon. Not based on the news on any given day, the rating may differ from Jim Cramer's view or that of this articles' author.
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