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2021-06-02

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3 Stocks to Buy to Escape the Dogecoin Doldrums

Cryptocurrencies have crashed in recent weeks. None of them, though, has experienced a more spectacu

3 Stocks to Buy to Escape the Dogecoin Doldrums

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None of them, though, has experienced a more spectacu","content":"<p>Cryptocurrencies have crashed in recent weeks. None of them, though, has experienced a more spectacular dive than<b>Dogecoin</b>(CRYPTO: DOGE). Elon Musk's favorite cryptocurrency is down nearly 50% below its highs set in early May.</p>\n<p>Some investors might be waiting for a fantastic comeback. Others, however, could be looking for alternatives to park their money in the hopes of better returns. If you're in the latter group, here are three stocks to buy to escape the Dogecoin doldrums.</p>\n<p>Etsy</p>\n<p>If you're afraid you'll miss the lovable Dogecoin mascot, check out<b>Etsy</b>(NASDAQ: ETSY). You'll be able to find all kinds of Shiba Inu products on the e-commerce platform, including aprons, caps, mugs, and shirts. Scooping up some Etsy shares could make you feel even better over the long term.</p>\n<p>But isn't Etsy more than 30% off its peak this year? Yep. However, the stock still looks likean unstoppable winner despite this big sell-off.</p>\n<p>Sponsored LinksIf You Need to Kill Time on Your Computer, this City-Building Game is a Must-Have. No Install.Forge of Empires - Free Online Game<a href=\"https://trc.taboola.com/nasdaq-nasdaq/log/3/click?pi=%2Finvesting%2F2021%2F06%2F01%2F3-stocks-to-buy-to-escape-the-dogecoin-doldrums&amp;ri=d3d9864eae1d5f37311bed7023df82ad&amp;sd=v2_9d0fd2fbd1306eb114a30664b3a2671b_739155c7-32f9-4cfc-bd2a-7c945c8cc6a6-tuct6dec6e5_1622604486_1622605735_CIi3jgYQpexOGNnN2tacLyACKAMwXjiHxgpQ____________AVgAYLcGaMnN7e355PrqbQ&amp;ui=739155c7-32f9-4cfc-bd2a-7c945c8cc6a6-tuct6dec6e5&amp;it=text&amp;ii=~~V1~~7963819353821056689~~i73ZcBKj5avlKD9AMzHGRn8SwDy8THpsXPV7z5v_UUXTxvAnL2wqac4MyzR7uD46gj3kUkbS3FhelBtnsiJV6MhkDZRZzzIqDobN6rWmCPA3hYz5D3PLat6nhIftiT1lwdxwdlxkeV_Mfb3eos_TQZ2aCsfRTCrpH3w_BXgfRXl8g_Y9s0PUb1DSS6IYbNmOcPDrZ6cmbg2V6AesWbmKs3w4fVOyfw9IZbtjpMeFtL7aOS5DgJaEvlkZkO6m1rasWzV-pEzQxc5A-MICQRwgu46zhr_uog6GC70OqLAd6RE&amp;pt=text&amp;li=rbox-t2m&amp;sig=7df137af269bcf2a027be84d71231cd868846ed53e0e&amp;redir=https%3A%2F%2Fom.forgeofempires.com%2Ffoe%2F%3Fref%3Dtab_row_en_mktdet2%26%26external_param%3D2970284978%26pid%3Dnasdaq-nasdaq%26bid%3Dhttp%253A%252F%252Fcdn.taboola.com%252Flibtrc%252Fstatic%252Fthumbnails%252F7e016667a06c3953bbd551436b1db2b6.jpeg%26tblci%3DGiAMA8PNIiTHpXwfI80QgUGi9otCulqnNQ0QQHd4vgNlqSDJqD8oxoL5-LqC1Lz_AQ%23tblciGiAMA8PNIiTHpXwfI80QgUGi9otCulqnNQ0QQHd4vgNlqSDJqD8oxoL5-LqC1Lz_AQ&amp;vi=1622605735641&amp;p=innogamesforgeofempiressc&amp;r=73&amp;lti=deflated&amp;ppb=CJcG&amp;cpb=EhIyMDIxMDUzMS04LVJFTEVBU0UYASAAKhlzZy50YWJvb2xhc3luZGljYXRpb24uY29tMgl3YXRlcjMxMDc4gPqp8gVAh8YKWP___________wFjCO___________wEQ7___________ARgRZGMI3P__________ARDc__________8BGCRkYwjcChCgEBgWZGMI0gMQ4AYYCGRjCJYUEJwcGBhkYwj3__________8BEPf__________wEYCWRjCMgcEMUnGBlkYwj0FBCeHRgfZA&amp;cta=true\" target=\"_blank\">Play Now</a></p>\n<p>Some investors were worried after Etsy's executives said that the growth rate for gross merchandise sales (GMS) would slow down in the second quarter. It's important to remember, though, that year-over-year comparisons against the second and third quarters of 2020, when Etsy's sales skyrocketed due to the pandemic, were destined to disappoint.</p>\n<p>Etsy's long-term prospects remain as strong as ever. The company's platform enjoys a competitive moat that's proved unassailable so far. It continues to invest in technological innovations that boost traffic and sales, and it's expanding further into major international markets.</p>\n<p>Dogecoin may or may not claw its way back to previous highs. I predict that Etsy will easily do so.</p>\n<p>Intuitive Surgical</p>\n<p>What's more fun than a cryptocurrency that was started as a joke? Robots! I'm not talking about the kind of robots that take over the world. No, I have in mind robots that help people -- like the robotic surgical systems pioneered by<b>Intuitive Surgical</b>(NASDAQ: ISRG).</p>\n<p>Like Dogecoin, Intuitive Surgical has been a huge winner since its creation. Thehealthcare stockis up close 13,750% over the last couple of decades or so. There's still plenty of room to run, though.</p>\n<p>More than 1.2 million procedures were performed with Intuitive's robotic surgical systems last year. The company estimates that roughly 6 million procedures are done each year for the types of surgery for which its systems already have regulatory clearances. Add to that total another 14 million soft-tissue procedures that Intuitive could target with technological innovations.</p>\n<p>Interestingly, Intuitive Surgical's greatest strength isDogecoin's biggest weakness. The company has an exceptionally strong moat with its huge head start in the market for robotic surgical systems. Dogecoin doesn't have much of a moat at all. Over the next decade and beyond, I think this difference will make Intuitive Surgical the bigger winner by far.</p>\n<p>Mastercard</p>\n<p>Fans of Dogecoin might envision a future where the cryptocurrency is used for billions of digital transactions every week. For<b>Mastercard</b>(NYSE: MA), that future is now. In the first quarter of 2021, the company processed 23.8 billion transactions with a gross dollar volume of more than $1.7 billion.</p>\n<p>Over the near term, Mastercard should benefit as economies reopen. CEO Michael Miebachnoted in the company's first-quarter conference call, \"We're encouraged by the return of domestic spending levels to pre-pandemic trends.\" International spending levels haven't fully rebounded, but there are reasons to hope that the increased availability of vaccines will make a big impact.</p>\n<p>I like Mastercard's long-term prospects even more. The company should be a clear beneficiary as consumers continue to shift away from cash. Its contactless payment options will likely drive growth for years to come.</p>\n<p>If you're still drawn to cryptocurrencies, though, Mastercard has something to offer on that front as well. The company plans to support select cryptocurrencies on its payment network this year. Whether or not Dogecoin is in the group remains to be seen. Even if not, investing in Mastercard should pay off nicely over the long run.</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Buy to Escape the Dogecoin Doldrums</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy to Escape the Dogecoin Doldrums\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/3-stocks-to-buy-to-escape-the-dogecoin-doldrums-2021-06-01><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrencies have crashed in recent weeks. None of them, though, has experienced a more spectacular dive thanDogecoin(CRYPTO: DOGE). Elon Musk's favorite cryptocurrency is down nearly 50% below ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/3-stocks-to-buy-to-escape-the-dogecoin-doldrums-2021-06-01\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/3-stocks-to-buy-to-escape-the-dogecoin-doldrums-2021-06-01","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156329812","content_text":"Cryptocurrencies have crashed in recent weeks. None of them, though, has experienced a more spectacular dive thanDogecoin(CRYPTO: DOGE). Elon Musk's favorite cryptocurrency is down nearly 50% below its highs set in early May.\nSome investors might be waiting for a fantastic comeback. Others, however, could be looking for alternatives to park their money in the hopes of better returns. If you're in the latter group, here are three stocks to buy to escape the Dogecoin doldrums.\nEtsy\nIf you're afraid you'll miss the lovable Dogecoin mascot, check outEtsy(NASDAQ: ETSY). You'll be able to find all kinds of Shiba Inu products on the e-commerce platform, including aprons, caps, mugs, and shirts. Scooping up some Etsy shares could make you feel even better over the long term.\nBut isn't Etsy more than 30% off its peak this year? Yep. However, the stock still looks likean unstoppable winner despite this big sell-off.\nSponsored LinksIf You Need to Kill Time on Your Computer, this City-Building Game is a Must-Have. No Install.Forge of Empires - Free Online GamePlay Now\nSome investors were worried after Etsy's executives said that the growth rate for gross merchandise sales (GMS) would slow down in the second quarter. It's important to remember, though, that year-over-year comparisons against the second and third quarters of 2020, when Etsy's sales skyrocketed due to the pandemic, were destined to disappoint.\nEtsy's long-term prospects remain as strong as ever. The company's platform enjoys a competitive moat that's proved unassailable so far. It continues to invest in technological innovations that boost traffic and sales, and it's expanding further into major international markets.\nDogecoin may or may not claw its way back to previous highs. I predict that Etsy will easily do so.\nIntuitive Surgical\nWhat's more fun than a cryptocurrency that was started as a joke? Robots! I'm not talking about the kind of robots that take over the world. No, I have in mind robots that help people -- like the robotic surgical systems pioneered byIntuitive Surgical(NASDAQ: ISRG).\nLike Dogecoin, Intuitive Surgical has been a huge winner since its creation. Thehealthcare stockis up close 13,750% over the last couple of decades or so. There's still plenty of room to run, though.\nMore than 1.2 million procedures were performed with Intuitive's robotic surgical systems last year. The company estimates that roughly 6 million procedures are done each year for the types of surgery for which its systems already have regulatory clearances. Add to that total another 14 million soft-tissue procedures that Intuitive could target with technological innovations.\nInterestingly, Intuitive Surgical's greatest strength isDogecoin's biggest weakness. The company has an exceptionally strong moat with its huge head start in the market for robotic surgical systems. Dogecoin doesn't have much of a moat at all. Over the next decade and beyond, I think this difference will make Intuitive Surgical the bigger winner by far.\nMastercard\nFans of Dogecoin might envision a future where the cryptocurrency is used for billions of digital transactions every week. ForMastercard(NYSE: MA), that future is now. In the first quarter of 2021, the company processed 23.8 billion transactions with a gross dollar volume of more than $1.7 billion.\nOver the near term, Mastercard should benefit as economies reopen. CEO Michael Miebachnoted in the company's first-quarter conference call, \"We're encouraged by the return of domestic spending levels to pre-pandemic trends.\" International spending levels haven't fully rebounded, but there are reasons to hope that the increased availability of vaccines will make a big impact.\nI like Mastercard's long-term prospects even more. The company should be a clear beneficiary as consumers continue to shift away from cash. Its contactless payment options will likely drive growth for years to come.\nIf you're still drawn to cryptocurrencies, though, Mastercard has something to offer on that front as well. The company plans to support select cryptocurrencies on its payment network this year. Whether or not Dogecoin is in the group remains to be seen. Even if not, investing in Mastercard should pay off nicely over the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}