Despite high interest rates, U.S. auto sales rose nearly 5% last quarter versus the same period a year earlier. On the other hand, the average sales price for U.S. autos dropped 3.6% year-over-year in March as discounts climbed sharply, the Associated Press quoted research firm J.D. Power as saying. Still, with raw material costs decelerating
Stocks to buy
Though signs suggest the current state of the stock market is both overbought and overvalued, not all stocks move equally. With April acting as a gradual correction of the market, it may seem like a dicey time to buy. However, it’s important to remember that the market is defined by several indices, such as the
Investment managers tend to flock to a select group of outperforming stocks that drive consistent returns. The stocks top money managers can’t live without generally hail from sectors like technology, healthcare and consumer staples. However, tech reigns supreme, hosting stocks that permeate most portfolios. In particular, Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN) represent core
The market has a risk-on sentiment that is shifting investor sentiment to growth stocks. This includes low-priced small-cap equities that trade at a low price. Stocks that trade for less than $10 can be volatile. In fact, the phrase “gradually, then suddenly” can be an apt description of the way these stocks move. The waiting
The stock market has been surging over the past several months, which makes it tough to find undervalued stock picks. Investing in undervalued stocks is always a wise strategy, but when they boast strong fundamentals, they’re too good to pass up. That’s why targeting the most undervalued stocks with strong fundamentals to buy in April
There are three penny stocks for the upcoming bull run that you should know about. My thesis for the rest of the year is the S&P 500 and the Nasdaq will shake off fears of a correction and repeat last year’s stellar performance. Despite some geopolitical uncertainties, I feel the backdrop of a strong U.S.
Opportunities frequently appear out of nowhere when underdog businesses triumph against the odds thanks to shrewd planning and forethought. The companies on this list all embody the spirit of the underdog, even though they operate in different industries. Their strategic growth plans make all three of these companies hidden gem stocks that will conquer the
The technology sector is more dynamic than ever. Companies not investing enough in research and development will likely go into oblivion. I am not only talking about technology companies but entities across sectors that fail to adopt new innovations. In the recent past, Nvidia (NASDAQ:NVDA) has grabbed headlines. As the market for AI swells, its
Have U.S. equities valuations become too rich? Given Tuesday’s market performance, the answer is probably “yes.” On Tuesday, the Nasdaq Composite slipped 0.95%, while the S&P 500 fell 0.72%. U.S.-listed stocks in general haven’t had a good start to the quarter, but the current elevated nature of trading valuations could be a key reason why.
Amidst turbulent economic conditions, investors are actively searching for steady prospects for expansion and recovery. Here, seven companies, though they are in different industries, have one thing in common: they are resilient and strategically minded. The first is a pharmaceutical behemoth that systematically grows its market share through novel products. Meanwhile, the second’s recent dividend
The Federal Reserve has signaled that it could implement up to three rate cuts this year, and the first one may come sooner than you think – possibly before the election in an attempt to give the economy a boost. In fact, if the government decides it needs to cut rates aggressively, we could even
Most investors are familiar with diversification, such as separating investment capital into different industries in the pursuit of a well-balanced portfolio. This practice is important for a long-term trader, but what may get overlooked is that investing in stocks within varying market caps can also allow investors to gain exposure to smaller companies that may
Dividends offer income and increase your total return on stocks. And, this income will grow with the best dividend growth stocks to buy in April. When choosing, consider two critical factors. First, candidates must be in stable industries that guarantee earnings growth in any economic environment. While some cyclical companies might pay high yields currently,
While most investors should concentrate the bulk of their funds toward large-capitalization, high-probability enterprises, there’s some room for micro-cap stocks. These securities undergird public companies that feature a market value of less than $300 million. One of the biggest elements that attract speculators to micro-cap stocks is their high beta or volatility. Basically, because these
Government contracts and regulations highly influence space stocks. Yet high-growth initiatives continue to emerge. New 3D printing and materials technologies are increasingly making space stocks more viable. Also, investors should be comfortable with a higher risk due to heavy capital needed for initial lift off. In fact, the space-related market is heading for steady growth
Dividend stocks are some of the most attractive investments for us investors. Not only do they provide stability during volatile markets, but they also put cash directly into our pockets on a quarterly basis. In today’s interest rate environment, dividend stocks are an excellent source of passive income. Now, what if we could combine the
A couple of years have passed since the coronavirus pandemic, but Americans continue to favor dining out. Moreover, that trend has persisted despite the crippling inflationary effect, highlighting the importance of the best restaurant stocks to buy in April. Last month’s consumer price index (CPI) report showed a 0.1% sequential increase in restaurant purchases and
We’re at a crossroads in this current market. Tech and growth stocks continue to soar while undervalued stocks lag. That dynamic has been in play for some time. However, the so-called “Magnificent 7” stocks continue to steal the spotlight away from other very profitable and high-growth companies worth considering. Several companies could produce much better
With automakers scaling back or delaying their electric vehicle plans, a recent article indicated that the “EV Euphoria is Dead.” There is no doubt that the sector faces macroeconomic challenges coupled with intense competition. However, it’s too early to assume that it’s the end of the road for EVs. In my view, the industry will
Discovering and allocating to undervalued stocks is a key element of successful investing. Stocks are considered “undervalued” when they trade below what people think their intrinsic value is. Basically, in this scenario, the market has not fully recognized the stock’s “true potential.” Potential value investors can find many stocks that are undervalued if they look for stocks