Reddit (NYSE:RDDT) is defying expectations, surging appreciably post-IPO and retaining its momentum even as options traders prep for next week’s options launch. IPOs tended to stagnate over the past few years, with pandemic-era SPACs assuming the role of investment bankers in bringing companies public. Soon after, higher rates and suppressed stock conditions slowed IPO rates
Stocks to buy
With the automotive industry moving toward sustainability, the electric vehicle market is leading in advancements and investment opportunities. Following this revolutionary period, three prominent entities have surfaced as leaders, propelling a significant increase in revenue and influencing the future of the automobile sector. The first one’s strong growth in car deliveries demonstrates the market’s increasing
Hydrogen stocks could get hot — that is if the Biden Administration loosens its new guidelines on hydrogen tax credits. If that happens, here are just a few of the top hydrogen stocks to buy. Remember, as noted by The Verge, “The tax credit, called 45V, can save companies up to $3 per kilogram of production if
With the equities market seemingly soaring to one plateau after another, bringing up dividend aristocrat stocks seems overly cautious. These ideas represent companies that have increased their payout annually for at least 25 years. By nature, this is a cautious play but it’s never a bad idea to exercise some prudence. Look, no one’s saying
The blockchain bull run is on. Surging crypto prices, from Bitcoin (BTC-USD) to a series of altcoins, have reignited investor interest in many digital assets. From blue-chip blockchain stocks central to the crypto movement to the most speculative meme coins, investors of all stripes are looking at assets many may have never thought would be
Many high-flying growth stocks crashed back to earth when the 2021 boom cooled off. Companies that weren’t consistently crushing earnings estimates got caught in the broader market downdraft. But while the overall market has rebounded, not all boats rose on the incoming tide. A handful of stalwarts, dubbed the “Magnificent 7,” have propelled the recovery.
Palantir (NYSE:PLTR) stock continues to capture the attention of retail investors looking for the next big AI play. The company’s software is designed to work with and transform massive data sets into actionable insights. However, this software was mainly targeting government agencies and their AIP platform is available to a variety of different businesses. Now
The Dow Jones has gone through some shakeups that are positioning it for a good bull run. Walgreens (NYSE:WBA) got booted from the index while the more favorable Amazon (NASDAQ:AMZN) took its place. This has led to this list of Dow stocks to buy. You don’t have as many companies to choose from in the Dow Jones. The index only has
Seasoned investors typically pay close attention to “stocks with analyst approval,” a sign of potential success and resilience in the ever-volatile equity market landscape. Currently, we are in a period of rapid technological advancements in artificial intelligence (AI) and shifting economic paradigms amid expected interest rate cuts. Thus, the importance of relying on expert equity analysis has
Energy stocks – particularly those focused on natural gas – look particularly interesting at the moment. natural gas prices plunged by 62% in 2023. They’ve fallen even more since then but analysts don’t believe that prices will stay low forever. Companies that produce natural gas have naturally been affected. They have less incentive to produce natural gas
As we step into March 2024, the spotlight is turning towards the biotech sector, with investors searching for biotech stocks to buy. Biotech stocks are ready to soar after a period of under-performance relative to the broader market. With advancements in gene editing, personalized medicine and novel therapeutics, the sector is on the cusp of
As measured by the S&P 500, U.S. equities are up a solid 10% since January 1st. However, one segment hasn’t yet caught up to the running bull market: the penny stock sector. The Russell 2000, a reasonable proxy for penny stocks to buy, returned just under 3% over the same period. But that may soon
As one of the top hot AI stocks. Nvidia‘s (NASDAQ:NVDA) epic rally continues. Many investors may wonder where the puck could be headed next in the artificial intelligence (AI) scene. At this pace, it may not be long until the AI chip giant becomes a $3 trillion company. Just how much room does the firm
Despite significant challenges, the U.S. economy has showcased remarkable resilience. Fears of an imminent recession have been allayed by two consecutive quarters of robust GDP growth exceeding 3%. Consumer stocks remain strong, with record-high household net worth and solid personal income growth. Looking ahead, the Fed’s cautious approach reinforces confidence in the future of the
Overall, the sentiment for the electric vehicle (EV) sector has turned from significantly positive to negative. The obvious reasons include competition and macroeconomic headwinds. As a result, there are multiple undervalued ideas from the sector. The battery companies form an important part of the industry, and this column discusses three underrated battery stocks with massive
While there is no way to predict how the market will move, there is always a search for the holy grail. Some stocks have proved their strength that they can multiply returns. These time-tested blue-chip stocks to hold are worth adding to your portfolio if you are looking for long-term growth. These blue-chip companies have
This year has started on a highly optimistic note, and we are seeing the results in the stock market. The Nasdaq is on a spree and has hit a new high for the first time since 2021. That means the bull run has already begun and we should be ready for surprises. The rally is
When assessing the viability of contrarian stocks, it’s generally better to go against the crowd, not against analysts. Retail investors can sometimes get sucked into groupthink. However, analysts peg their reputations (and their livelihoods) on their calls. So, they don’t usually make reckless recommendations. Further, when an analyst issues a sell rating, that almost always
Cyberattacks are increasing in sophistication and frequency. CrowdStrike’s (NASDAQ:CRWD) 2024 Global Threat Report highlights a concerning increase in covert activity within the cyber threat environment, with a notable surge in cloud incursions by 75%. In the middle of these increasing attacks, cybersecurity stocks rated a strong buy offer healthy sustainable growth for prospective investors. These
Despite enthusiasm from Mark Zuckerberg that ultimately led to the rebranding of Facebook into Meta (NASDAQ:META) in late 2021, the metaverse’s time in the limelight was short-lived before a generative artificial intelligence (AI) boom in 2023 drove investor sentiment elsewhere. Another confounding factor surrounding metaverse hype was the primitive technology being showcased as a “groundbreaking”