Consumer stocks have been a mixed bag for investors in 2023. The Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) is up 34.5% so far this year, making it the S&P 500’s third-best-performing sector. Meanwhile, the Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) is basically flat. Today’s list of consumer stocks to sell contains a discretionary high-flyer,
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Last month, electric vehicle stocks spiked in price, including Lucid Group (NASDAQ:LCID). There are two reasons why LCID stock and other names in the space moved higher. For one, there were rising hopes of improvements ahead for the two biggest issues weighing over both the economy and the stock market: high inflation and high interest
Archer Aviation (NASDAQ:ACHR) stock got a boost this week. The company became the unquestioned leader in the electric vertical take-off and landing business this last week. That’s thanks to a $142 million contract from the U.S. Air Force. The contract is for six of its “Midnight” craft. The deal comes with training, repair, and data
EV charging stocks are among the best bets right now due to the surging electric vehicle sales and substantial future potential for growth. According to the National Renewable Energy Laboratory, “…by 2030, EVs could account for 30–42 million light-duty vehicles on the road.” They estimated that “…to support a mid-adoption scenario of 33 million EVs
Tesla (NASDAQ:TSLA) stock provided investors with big losses in 2022, but this year has been completely different. On a year-to-date basis, TSLA stock has surged more than 130% higher, obliterating the Nasdaq index and most of its growth peers, for that matter. Of course, as a leading EV manufacturer, Tesla provides many catalysts for growth insteps
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Despite ongoing economic challenges, recent reports from various electric vehicle (EV) manufacturers have revealed resilient EV sales. Enhanced by government incentives and manufacturer price reductions, EV sales in the U.S. surged by 50% to 557,330 units during H1 2023, constituting 7.2% of total vehicle sales. However, this growth pace is slower than the 71% increase
The International Energy Agency expects to see electric vehicle sales of around 14 million by the end of this year. Governments across the world are trying to increase EV popularity. National policies and incentives will likely help with sales. The U.S. expects to deliver a 50% market share for electric cars by 2030. The European Union
We all know the importance of artificial intelligence, which actually undergirds the enormous value of budget AI investing. According to data compiled by Statista, the value of the digital intelligence industry recently hit almost $100 billion. However, analysts project that this figure may reach up to nearly $2 trillion by 2030. That’s reason enough to
ETFs are one of the best ways to invest in the stock market. Instead of trying to find the best stocks out there that may or may need to improve over time, ETFs offer a much less stressful option allowing investors to have money in many different companies simultaneously. International ETFs are an essential addition
Dividend stocks have proved to be superior investments over the past 100 years. There has never been a decade when income stocks on the S&P 500 did not generate positive returns, even while non-dividend stocks were posting negative returns. Yet do cannabis stocks with dividends hold the same potential? The universe of dividend-paying cannabis stocks
Given that buying a basket of securities listed on the S&P 500 index can get you about 17% returns so far this year, the concept of must-own stocks under $20 naturally piques investors’ interest. With so many names flying high, discounts appear few and far between. Still, look long enough and you’ll find ideas that
With everyone being an expert these days, the concept of top analyst biotech picks might seem suspect at first glance. While we depend on Wall Street’s spectrum of expert guidance to establish a frame of reference, they can get some calls embarrassingly wrong. So, why trust analyst-recommended biotech stocks? I have one answer for you,
In June, annual inflation (from the most recent data) slipped to 3%, which on paper clashes with the concept of stocks to beat inflation. After all, NPR pointed out that the aforementioned statistic represented the lowest point since March 2021. That’s a sign that the Federal Reserve’s hawkish interest rate hiking campaign is making an
Weed, gold, and electric vehicle chargers. This unlikely trio stands among the best investments that can possibly double your money in the next year. Each stock at under $5 has potential to surge in the coming quarters, creating diversified sub-portfolios of high-beta names. Many investors want to modify asset allocation strategy based on the market
In this article LCID BYND CE IFF PARA HIMS CHGG Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat’s Cookout Classic value pack Beyond Meat Check out the companies making headlines in after-hours trading. Chegg — Shares soared more than 25% after the educational tech company posted quarterly results. Chegg notched second-quarter revenue of $183 million,
As we navigate the seas of the burgeoning 5G sector, the waves teem with multi-bagger investments, vying to dominate the niche. However, pinpointing the best 5G stocks to buy now requires prudence and a sense of direction. The world of technology, and 5G in particular, offers immense growth potential, so savvy investors must load up
Cybersecurity is one of the fastest growing subsectors within the broader technology sector. But just like any sector there are cybersecurity stocks to buy and cybersecurity stocks to avoid. Even before the global pandemic, enterprise companies already understood that protecting their businesses from cyberattacks was a need. Since 2020, many of these same companies
Some folks might contend that Plug Power (NASDAQ:PLUG) is a pioneer in the hydrogen fuel cell industry. That may or may not be the case, but it still doesn’t mean you should load up on PLUG stock now. As you may recall, the Plug Power share price rallied in June and July. However, the company’s investors
A lot of people on Wall Street are bullish on energy right now, with investment bank Goldman Sachs (NYSE:GS) recently forecasting that the price of Brent crude oil, the international benchmark, will be at $86 a barrel by year’s end. But not so fast. In mid-July, the International Energy Agency (IEA) lowered its global oil