BNN Bloomberg reported in July 2023 that the S&P 500 was overvalued by about 8%, according to Cresset Capital Chief Information Officer Jack Ablin. In the eight months since, it’s up another 19%, providing plenty of overvalued S&P 500 stocks to avoid. An excellent place to find these overvalued S&P 500 stocks is the Magnificent
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Cybersecurity is a big and growing sector. McKinsey & Co. has forecasted that the global cybersecurity market could reach $2 trillion as companies and individuals increase spending to protect themselves and their data from a rising number of cyberattacks and online threats. The same report from McKinsey notes that the cost of cyberattacks worldwide is
In investing, the allure of penny stocks attracts seasoned investors and newcomers alike. Small-cap stocks often trade on mere cents, but they can potentially yield massive returns. They are serving as the groundwork for the next generation of millionaire-makers. Within this space, three standout entities emerge as captivating protagonists. The first one orchestrates strategic acquisitions
Are you considering investing in gold mining stocks as the price of gold rallies? There are several reasons why now might be a good time. First and foremost, they can provide a quasi-form of leveraged exposure to gold prices. If the price of gold rises, gold mining stocks may rise even more. But that’s not
Fintech, or financial technology, is a sector that has been growing rapidly in recent years, offering innovative solutions for payments, banking, lending and investing. The best fintech stocks leverage digital platforms, data analytics, artificial intelligence (AI) and other technologies. They provide faster, cheaper and more convenient financial services to consumers and businesses. In fact, the Ark Fintech
The Dow Jones doesn’t offer as much diversification as other indices. While the S&P 500 contains 500 stocks and the Nasdaq 100 has 100 holdings, the Dow Jones only has 30 companies. The smaller portfolio size gives the index less room for error. Walgreens (NASDAQ:WBA) got booted from the index in favor of Amazon (NASDAQ:AMZN).
Gone are the days of cheaply made missiles and artillery shells. Today, nearly every Western-produced weapons system relies on critical semiconductors and microchips to function. Everything from the smallest handheld drones to massive aircraft carriers can only function with the digital implementation of microchips. With defense spending at an all-time high, investors should consider buying
Electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) entered the market full of hope and anticipation. Fundamentally, the company benefited from a gorgeous baseline chassis from which Rivian made an EV pickup truck and SUV. These served as a wonderful contrast to Tesla (NASDAQ:TSLA) and its increasingly dull and predictable aesthetics. However, that hasn’t been enough
The U.S. economy has proven more resilient than investors would’ve hoped, making stocks to avoid inflation relevant for the foreseeable future. The discussion on reducing interest rates seems to have dulled down following a disheartening February inflation report. Core U.S. inflation came in hotter-than-expected for the second straight month, driven by massive price hikes in
Three under-$15 stocks stand out in the stock market for their massive potential and strategic positioning across diverse sectors. They have all carved unique paths towards growth. Each presents distinct yet compelling investment opportunities. On the list, the first one emerges as a frontrunner in the pharmaceutical landscape, with a relentless pursuit of innovation in
Meme stocks became a cultural phenomenon when shares of Gamestop shot to the moon in early 2021. A group of Reddit (NYSE:RDDT) traders rallied around meme stocks, stunning Wall Street by showcasing the power of collective retail trading. Though many consider it a “gotcha” moment against the financial bigwigs, the move hurt all investors alike, making meme stocks
The surge in AI and Big Tech continues capturing widespread attention, but savvy investors will want to focus on energy stocks. Energy stocks are off to an excellent start this year, with the Energy Select Sector SPDR Fund posting double-digit gains year-to-date (YTD), performing in line with tech stocks. Moreover, despite a somber outlook on the stock market, Morgan
It’s been nearly one and a half years since ChatGPT went live, but it sure doesn’t feel like it. ChatGPT has shaken up many sectors, and triggered an AI revolution. I would argue that ChatGPT is the biggest reason why the ‘Magnificent 7’ stocks have done so well. This rally, in turn, has driven the
Certain narratives stand out in the vast stock market arena, not just for the sheer scale of challenges faced but for the promise of an impending renaissance. This analysis ventures into the stories of three underdog stocks set for turnaround. Each hails from sectors as diverse as entertainment, technology and telecommunications. These organizations have weathered
Rivian’s (NASDAQ:RIVN) stock upcoming electric SUVs are already drawing a large amount of interest from consumers and positive buzz from media outlets and Wall Street analysts. I expect the latter trends to continue and intensify in the coming months, lifting RIVN stock in the process. Other positive catalysts for the shares in the medium term
Salesforce (NYSE:CRM) stock is a darling of the market, but if CRM stock has gotten ahead of its skis, so to speak, then it’s time to be cautious, not greedy. The smart strategy now is to just let the Salesforce share price drop before making a move. Since Salesforce stock has already rallied sharply, investors assume that the
When done correctly, buybacks can be a great source of value for shareholders. Indeed, buybacks indicate that a company is in great financial shape and generating solid free cash flow. That’s why buying the best stocks for share buybacks can lead to significant outperformance. Ideally, when companies with healthy growth do buybacks, their stock outperforms.
All eyes are on the upcoming eclipse, with cities reporting record hotel and campground reservations while others preemptively declare states of emergency to deal with high traffic as sightseers flood local areas. It’s also sparking renewed interest in space stocks to buy, a sector that’s slowly regaining ground lost over the past few years. Space
Once you reach the age of 73, there’s no getting around Required Minimum Distributions (RMDs). Yet while there’s no getting around making this compulsory withdrawal from your 401(k) or IRA, consider investing it rather than spending it. How? By building a portfolio of the best stocks to buy with RMD proceeds. For those already generating
When you think about tech disruptor stocks, it’s hard not to mention Uber Technologies (NYSE:UBER). By making use of the “dead” space found in millions of cars in the U.S. – and increasingly across the world – Uber not only provided a convenient service but also forged an entirely new sharing economy. That’s really the