Stocks were rallying again Thursday, despite Tesla’s (NASDAQ:TSLA) stinker of a quarter. Even prominent Tesla bull Dan Ives of Wedbush Securities said it was a “train wreck” and criticized Elon Musk and his team for failing to “step up like adults in the room.” Tesla plummeted more than 10% in midday trading, pushing its market
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Electric vehicle sales have been increasing at a robust pace in the last few years. In 2022, global EV sales exceeded 10 million. Further, EV sales for last year are likely at 14 million and would account for 18% of total car sales. As healthy growth sustains, I am bullish on some of the best
Once seen as a high-risk and high-reward bet, Tesla (NASDAQ:TSLA) has turned into an absolute behemoth in the stock market. Valued as a large chunk of the North American auto sector, this is a company that’s proven electric vehicles can become popular and take share away from the incumbents. This will have important implications for
Artificial Intelligence (AI) garnered incredible attention in 2023 with the launch of OpenAI’s ChatGPT and other generative AI applications. What would later be dubbed the “AI craze” led to the rise of AI stocks with market-crushing returns — and some AI stocks to sell. Overall, AI-related stocks largely performed well last year. Still, investors need to seriously examine
The basic materials sector features companies that discover, develop, and process raw materials. These are frequently companies that deal in commodities that are cyclical and can be more volatile than the broader market. Because commodities are subject to the law of supply and demand there are always several basic materials stocks to sell or buy.
2023 was rough for the video gaming industry; the sector slowed from industry-wide layoffs to stagnant consumer demand. However, the start of 2024 brings a new dawn for gamers as exciting gaming events, like the New York Game Awards and the “oh so cool” CES 2024, spice up gamers’ appetite for upcoming title announcements and
From CRISPR gene editing to modify ideal agricultural traits, synthetic biology to promote eco-friendly engineering, or even that relating to biofuels, the field of biotechnology, also known as biotech, offers exciting disruptive solutions with the potential to expand to market caps worth trillions! With new catalysts such as artificial intelligence and quantum computing offering methods
The Magnificent 7 stocks dominated the stock market and investing headlines throughout 2023. It will be remembered as the year artificial intelligence took off, resulting in massive growth. It was a strong year overall for the stock markets, with leading indexes like the S&P 500 rising by 24% during the period. However, The Magnificent Seven substantially outpaced
2024 could be the year of small-cap stocks. After a monster year for tech stocks, especially mega caps, an improving macroeconomic environment is likely to facilitate a rotation from the 2023 winners to stocks that are performing better in the environment of lower rates. Along these lines, many top-rated penny stocks could stage monster rallies
Nio Inc (NYSE:NIO) is a Chinese EV company focused on the premium segment. Its stock has fallen almost 90% from its all-time highs in 2021 and is still over 37% below its IPO price. Year-to-date, the stock has fallen over 25%. At its current price, it looks like it’s trading at a discount. But here
Over the last three months optimism over Artificial Intelligence infrastructure has become a mania. No stock has benefited like Advanced Micro Devices (NASDAQ:AMD) stock. Since just before Halloween, AMD stock is up 65%. That’s even better than Nvidia (NASDAQ:NVDA), which is up 44%. By way of comparison, the S&P 500 is up just 15%. While
Maybe you’ve fallen for the hype and it’s time to think about which stocks to sell. It’s easy to get excited about a stock with massive potential, or one that seems like everyone is talking about. Social media and 24-hour financial news broadcasts play a part, too, in building up a hot stock. The fear
We’re now in the thick of earnings season and results are coming in at a fast and furious rate and it’s time to look at the Q4 earnings winners you should shortlist. With 10% of S&P 500-listed companies having now reported financial results for the fourth and final quarter of 2023, 62% of companies have
AI-related growth prospects continue to propel Nvidia’s (NASDAQ:NVDA) stock to new highs. The market is bullish on NVDA, but some analysts are concerned about a potential reversal. In their minds, while much of NVDA’s strong run has been justified, investors have gone overboard. The stock is almost certain to undergo a sharp price correction. Given
Lucid Group (NASDAQ:LCID) is among the top EV stocks many investors are focused on. The company’s focus on making high-quality EVs is certainly appealing, and is one of the reasons I initially dove into this stock. That said, looking under the hood, there are certain red flags investors should be aware of. For starters, Lucid’s
It’s fitting Apple (NASDAQ:AAPL) stock represents both the largest company in the world and also the biggest seller of smartphones. The iPhone revolutionized communication. The tech giant is at a crossroads for investors. AAPL stock has consistently performed well. It’s total return over the last five years has quadrupled that of the S&P 500. It
Everyone knows that America has a major obesity problem. Because of this, new anti-obesity drugs are going to generate a great deal of revenue and profits their companies. What people don’t realize is that those weight-loss drugs come with high valuations and equities that reflect most of the profits they will generate. Consequently, investing in
The last time I wrote about QuantumScape (NYSE:QS), a developer of solid-state batteries for electric vehicles, was in May 2022. At the time, QS stock traded at $15. It’s now less than half that. My article discussed how nickel could become less important to produce these batteries. Interestingly, the metal could be replaced by iron,
It appears that interest rates have peaked, at least for this part of the economic cycle. The U.S. Federal Reserve has softened its language around inflation and is now seemingly set to cut interest rates in an attempt to engineer a so-called soft landing in the economy. Not surprisingly, investors are looking at companies affected
The electric vehicle charging market is booming. According to Statista, the novel market will reach more than $8 billion in annual revenue by 2027. Increasing adoption of EVs, supportive government policies, and technological advances in charging technology have all driven wide-ranging transformations in the space. This will have big implications for EV charging stocks. As