2 Growth Stocks I'd Buy Right Now

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Motley Fool 15 July, 2021 - 06:45am 11 views

Did Branson go to space?

Richard Branson did not go on space flight, said astrophysicist and director of the Hayden Planetarium deGrasse in an interview with CNN. “First of all, it was suborbital. NASA did it 60 years ago with Alan Shepard, took off from Cape Canaveral and landed in the ocean. WIONA misleading bike ride video, space vs edge of space questions: Did Branson lie about some aspects of his trip?

Where is Virgin Galactic taking off from?

They will take off from the company's homeport of Spaceport America in New Mexico, with a live webcast chronicling the flight. Here's everything you need to know about the mission, which Virgin Galactic has dubbed Unity 22. Space.comVirgin Galactic's SpaceShipTwo Unity 22 launch with Richard Branson. See video and photos of the flight.

When is Jeff Bezos going into space?

Blue Origin will launch billionaire Jeff Bezos into space on July 20. Space.comBlue Origin will launch billionaire Jeff Bezos into space on July 20. Here's how to watch.

When is Virgin Galactic space flight?

Virgin Galactic founder Richard Branson (third from right) will launch on the company's first fully crewed flight on July 11, 2021, as part of a six-person mission named "Unity 22." Space.comIn photos: Virgin Galactic's 1st fully crewed spaceflight with billionaire Richard Branson

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Investing in growth stocks tends to be a little riskier than average. Because of how these companies operate, often sacrificing profitability to attain more market share or operational growth, their stock prices can be more volatile. 

With that higher risk comes the potential for larger gains. For those who buy stocks with a long-term investment horizon (several years or more), growth stocks can be an effective way to accumulate wealth. If they manage to pick the right growth stock.

My portfolio is fully allocated at the moment and I am not looking to add any new stocks right now. But if I was looking to add another growth stock to the mix, these are the two I would buy right now.  

Airbnb (NASDAQ:ABNB) is an anti-hotel travel company. Folks who wish to travel but avoid crowded (and often expensive) hotels have a real alternative with Airbnb. The company offers more choices to consumers than a hotel can and is built to grow efficiently. When Airbnb wants to add more available rooms, it encourages people to list more spaces on its platform. That's in stark contrast to a hotel or resort, which needs to spend millions (sometimes billions) to expand. 

Airbnb took a big hit early on in the pandemic when travel effectively came to a halt. Before the pandemic, it had grown revenue by 43% in 2018 and 32% in 2019. Fortunately, several effective vaccines against the coronavirus are being administered around the world and people are once again traveling. In the near term, this could unleash lots of pent-up demand from people who have delayed taking travel vacations.

Despite positive developments on vaccines and travel restrictions, the stock price has been basically flat year-to-date. But that just means there is an opportunity to buy the stock before the outlook turns positive.

Chegg (NYSE:CHGG) is a leading direct-to-student online learning platform. It serves mostly college students who want additional support beyond what is provided to them through their educational institution. It's no surprise then that customer interest surged during the pandemic when campuses were mostly closed and teaching took place remotely. The company added millions of subscribers who engaged with the site regularly.

Chegg has a unique business model that strengthens as engagement increases on its site. Subscribers to the site get to ask 20 questions per month related to the presentations provided that Chegg's subject matter experts attempt to answer. These questions and the answers (often step-by-step explanations of curriculum concepts) are made available to all subscribers. 

Moreover, the supplementary content provided is up-to-date even though the concepts that are taught in most college courses rarely change. That means it should have a long shelf life. Chegg now has more than 59 million pieces of this type of content and it continues to grow. The larger this database grows, the more attractive the service becomes to existing and potential subscribers.

Still, the stock price is down about 6.3% year to date as investors are concerned about how a return to in-person learning will affect the company's future growth. While its growth rate may slow down, the benefits derived from the pandemic will pay dividends for a long time. Further, schools were providing online courses to supplement their in-person courses long before the pandemic. It's likely that in the aftermath, the selection of online-only courses will continue to expand.

Airbnb and Chegg are two growth stocks that have not received much enthusiasm from investors in 2021. Yet they both have excellent long-term prospects and favorable risk-versus-reward trade-offs that make them good buys for growth stock investors. 

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Flips and big smiles: Branson and Virgin Galactic crew giddy during spaceflight

WKMG News 6 & ClickOrlando 15 July, 2021 - 10:19am

The Virgin Group billionaire achieved his lifelong dream of reaching the edge of space after SpaceShipTwo, carried by a custom mother ship, took off from the spaceport in New Mexico. The spaceplane was carried to about 45,000 feet before VSS Unity was released and fired up its rocket motor, sending the crew and two pilots supersonic.

At its peak of 53.5 miles above sea level, VSS Unity was above the 50-mile boundary considered by NASA, the Air Force and the Federal Aviation Administration to be the edge of space.

“Welcome to space,” one of the pilots said.

A new video released by Virgin Galactic a day after the flight shows those brief moments of weightlessness as the crew was able to look down on the blue globe below and out at the dark vastness of space.

Beth Moses, Colin Bennett and Sirisha Bandla, all of whom work at Virgin Galactic, were mission specialists on board the flight with Branson. Each crew member looked out of the 17 windows inside SpaceShipTwo and the video shows each one with a look of amazement.

“Unbelievable,” Branson repeated again and again. The other crew members could be heard saying “wow” and shouting for joy.

The flight marked the first time all four seats were occupied on board. Virgin Galactic said it will conduct two more test flights with crew before welcoming paying customers to fly. More than 600 have already paid $250,000 for a seat and it’s expected ticket prices will increase to $500,000.

Virgin Galactic streamed the milestone event online Sunday but the views from inside the cabin cut in and out during signal loss. The video released Monday showed those precious minutes.

Bandla performed a floating front flip with the help of Bennett and Branson could be seen floating up to say hello to SpaceShipTwo pilots Dave Mackay and Michael Masucci. Almost as soon as it started, the experience was over as the pilots instructed the crew to buckle up again as they began the journey back to the runway.

“To all you kids down there, I was once a child with a dream looking up to the stars, now I’m an adult in a spaceship with lots of other wonderful adults looking down to our beautiful, beautiful Earth,” Branson said. “To our next generation of dreamers, if we can do this just imagine what you can do.”

Former NASA administrator Sean O’Keefe said space tourism took a big leap toward reality with Virgin Galactic’s success.

“We now see the opportunity for space to be accessible to all of us, someday, and this is the first major step in that direction,” NASA’s 10th administrator said.

Branson threw the camera a grin and a double thumbs-up as SpaceShipTwo glided back to Earth landing where it started.

The star-studded livestream event was hosted by Stephen Colbert, Canadian astronaut Chris Hadfield and scientist and space communicator Kellie Gerardi. After the spaceplane landed the celebration continued with a concert by Khalid, who premiered a space-inspired song called “New Normal.”

Virgin Galactic is now hosting a sweepstakes for two seats on SpaceShipTwo. To enter participants can donate to Space for Humanity, a nonprofit working to send citizen astronauts of diverse racial, economic and disciplinary backgrounds to space. The deadline to enter is Aug. 31.

Copyright 2021 by WKMG ClickOrlando - All rights reserved.

Emilee is a digital journalist for News 6 and ClickOrlando.com, where she writes about space and Central Florida news. Emilee hosts the Edward R. Murrow Award-winning podcast Space Curious. Previously, she was a space writer and web editor for the Orlando Sentinel and a web producer at the Naples Daily News.

Richard Branson reveals what he was 'nervous stiff' about before heading into space

Yahoo Entertainment 15 July, 2021 - 10:17am

When Colbert, who hosted the livestream for Virgin Galactic's trip to space, asked about the potential of becoming nauseous, which can happen when people experience zero gravity for the first time, Branson was honest with his answer.

“I was nervous stiff,” he said. “I mean, you got the world filming, and just imagine throwing up all over a spaceship.”

Branson, whose Virgin Galactic company is selling tickets to space tourists, laughed about the admission while Colbert pointed out the obvious by adding, “Not the best advertisement for your product.”

But luckily for Branson, and the millions of people watching, he was able to keep everything down on his way up. They spent five minutes floating in zero gravity before the space plane descended back to Earth. And Branson realized in the moment that the trip did not give him any kind of nauseous feelings.

“I just enjoyed it,” Branson said. “I was relieved, but it was — it was extraordinary.”

It’s probably good that the whole throwing up part never happened, because it could have ruined the gift that Branson got for Colbert, after the host asked to go to space with Branson but was ultimately rejected. So instead, Branson cut out a small photo of Colbert’s face and took that with him. So it’s kinda like the next best thing.

“One small photo for Stephen Colbert, one giant leap for mankind,” Branson said as he handed Colbert the interstellar gift. “This has been to space, and I would like to give it to you.”

The Late Show with Stephen Colbert airs weeknights at 11:35 p.m. on CBS.

Here are our pop culture picks for July 12-18, including the best deals we could find for each.

Officials say gyms cannot play music with a beats per minute over 120, hoping it'll prevent people from breathing too fast or getting sweat on others.

The Democratic Congressional Campaign Committee last week announced that it had raised $14.4 million in June, bringing its second-quarter total to about $36.5 million — its best ever for that stretch. Democrats hold a razor-thin majority in the House, but Republicans have history on their side: The party that occupies the White House typically sees large losses in both the House and the Senate. GOP fundraising has also been bolstered by former President Donald Trump, whose name continues to dominate fundraising pleas for small-dollar contributions, even as he continues to spread lies about the 2020 election, which he lost to Democrat Joe Biden.

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The nonbinary singer is starting a new dialogue about expression and identity.

Prosecutors say the Iranian government directed followers to kidnap the author to get her back to Iran.

If a team is willing to meet the Sixers' high asking price, Simmons could be on his way out of Philly.

The 62-year-old "voicetramentalist" just might be the most famous person to ever try out for 'America's Got Talent.'

Popeyes is hoping to do it 'again' — this time, with chicken nuggets.

The couple wed in October after announcing their engagement in May 2019.

Senate Democrats announced late Tuesday that they'd reached a budget agreement envisioning spending an enormous $3.5 trillion over the coming decade, paving the way for their drive to pour federal resources into climate change, health care and family-service programs sought by President Joe Biden. The accord marks a major step in the party’s push to meet Biden’s goal of bolstering an economy that was ravaged by the pandemic and setting it on course for long-term growth — and includes a Medicare expansion of vision, hearing and dental benefits for older Americans, a goal of progressives. “We are very proud of this plan,” Senate Majority Leader Chuck Schumer, D-N.Y., told reporters.

Teen pop sensation Olivia Rodrigo will visit the White House Wednesday as part of the administration’s effort to promote vaccinations to young Americans.

Pope Francis was discharged from a Rome hospital and returned home to the Vatican on Wednesday, 10 days after undergoing surgery to remove half his colon. Francis, 84, gave thanks for the success of the operation and offered prayers for others during a visit en route home to Rome's Santa Maria Maggiore basilica, the Vatican said. Francis, 84, sat in the passenger seat of the Ford car, which left Rome’s Gemelli Polyclinic around 10:45 a.m. (0845 GMT; 4:45 a.m. EDT).

Phylicia Rashad was nominated for her guest role on "This Is Us," amid her support of Bill Cosby. But her tweet wouldn't have factored into the nomination process regardless.

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Half of Bitcoin IRA’s user base is 55 and up, while over three-quarters of its 100,000 users are over age 45

A series of new books hitting bookshelves this month outline former President Donald Trump’s tumultuous final days in office, his compliment for Adolf Hitler and his disappointment with Supreme Court Justice Brett Kavanaugh.

The swift spread of the delta variant across Europe has upended wishful thinking of a quick return to normal from the COVID-19 pandemic — and is offering a warning to the U.S.

Chris Jackson / Getty ImagesPrince Charles, who was famously resentful that Princess Diana outshone him, is now said to be annoyed at the increasingly high profile of his brother Prince Edward and his wife Sophie Wessex. This irritation might go some way to explaining his reported decision not to honor his late father Prince Philip’s wishes to give Edward the title Duke of Edinburgh.Also forming part of Charles’ decision to deny Edward the dukedom, which Philip promised him, according to the sea

"Thank you thank you to my entire flight crew!!!!," wrote Cuoco, who's also an executive producer on the show.

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