These are three St. Patrick’s Day stocks for investors to add to their portfolios. I believe these companies will see a boost in sales and consumer interest around the March 17th holiday celebrating Irish culture. However, I don’t expect them to be simply short-term performers. While the festive St. Patrick’s Day period provides an annual
Stocks to buy
With major stock markets reaching new highs in Q1, some investors are looking for stocks to buy to exploit the lack of “breadth”. A small number of large-cap stocks with significant weightings have propelled upward movement, while many stocks have underperformed despite a rising market. For recent gains to prove sustainable, breadth must broaden to
The Nasdaq recently slid below 16,000 points again after reaching a fresh high. This pullback was largely due to the hotter-than-expected inflation report, which points to the Federal Reserve maintaining high interest rates for a few more months, possibly even beyond Q2 if inflation persists. Elevated rates and bearish sentiment spell trouble for growth stocks
The stock market is a dynamic place to invest, and selecting the correct equities to add to a portfolio may be likened to unearthing treasures within an enormous mine. When pursuing financial expansion, dividend stocks stand out as stability and income production pillars. Seven stocks stand out as true stars since they promise significant gains
Nvidia (NVDA) kicked off its GPU Technology Conference (GTC) last night with a keynote speech from CEO Jensen Huang. It’s not hyperbole to say that Huang’s speech was arguably the most anticipated speech in the history of AI. And he didn’t let us down. Now, rest assured that we’ll get into those details in a
There are multiple reasons dividend stocks are the first choice for many investors. First, these stocks provide regular cash flows that serve as a passive income source. Further, dividend stocks, in general, are low-beta and provide stability to the portfolio. It’s a bonus for investors if there are undervalued dividend stocks to buy. Once the
Over the last few weeks, Bitcoin (BTC-USD) rallied from about $40,000 to a high of $71,410. All thanks to an upcoming Bitcoin halving on April 20. Better, each previous halving has been followed by a BTC price increase before and after the events in 2012, 2016 and 2020. Plus, we’re seeing far more investors jump into Bitcoin
With 38 states now legalizing the use of medical cannabis, the market for cannabis stocks is better than ever. It is expected to grow tremendously in the years to come. Retailers, property owners, technology, and medicinal providers all exist within this market. They create a high demand for these hot stocks this year. These three
EV charging stocks have been having it rough lately due to the slowdown in the EV market. However, it’s tough to write them off so quickly, especially considering the massive long-term growth potential in the EV sphere. On top of that, once the Federal Reserve starts cutting interest rates, interest in riskier bets, such as
The market hasn’t been kind to small-cap stocks. Over the last three years, the Russell 2000 index lost over 11% of its value compared to 30% gains by its larger brethren in the S&P 500. Rampant inflation and rising interest rates hit small-cap stocks far harder than the largest stocks on the market. Yet, beginning
Augmented reality is a powerful technology that doesn’t get nearly enough attention these days, as it’s the other “A” term — artificial intelligence — that gets more attention from investors. As the mixed-reality headset wars play out in the background, primarily between Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) — two firms that also happen to
Some overlooked stocks remain obscure and wait for astute investors to spot them. This happens even in the middle of Wall Street’s busy trading floors and the digital chaos of online investing platforms. Within the rapidly evolving banking industry, where the newest market darlings often make headlines, three unsung heroes are discreetly laying the groundwork
As it is with any company, Intel (NASDAQ:INTC) has problems and opportunities. It’s important to be aware of both, but you’ll regret it if you let perceived headline risk shake you out of a perfectly good trade with INTC stock. Intel has aspirations to become an international chipmaking-foundry superstar. The demand for artificial intelligence chips is strong in
Amazon (NASDAQ:AMZN) stock is still a worthy investment in 2024 despite the company’s rich valuation. While they face competition in e-commerce and artificial intelligence, Amazon’s soaring earnings and long term growth prospects are second to none. Their recent cost-cutting measures have fueled impressive growth in the last year and it’s expected to continue. Analysts are
Why do you want to consider biotech stocks? Simply, the narrative comes down to numbers and a possible rotation. First, the hard data supports bullishness in biotech stocks. According to Grand View Research, the underlying global industry reached a valuation of $1.55 trillion last year. Moving forward, experts project that the sector will expand at
Listen, if you haven’t gotten the memo, penny stocks are incredibly dangerous. Yes, they’re cheap – in this case, extremely cheap. For the uninitiated, you might believe that shares can’t get any lower. Wrong! They can go down to zero. And before that happens, they can trade in fractions of a penny. At the same
While it’s difficult to say with confidence who will win out in the elections later this year, investors of cannabis stocks may have something to look forward to. Basically, the attention should turn not to a possible red or blue wave but rather a green one. Fundamentally, President Joe Biden has a popularity problem: his
AI utilizes powerful computers scanning vast amounts of data to draw conclusions or answer human’s questions efficiently. Consequently, data storage companies will benefit tremendously from the proliferation of AI. Data Center Dynamics recently said, “However intangible the cloud might sound, it still needs physical hard drives to store the data for which AI is ravenous….
While many are thinking about whether electric vehicle euphoria is dead, EV makers across the globe are ramping up production. The future is EVs; whether you get in on the ride or not, they will rule the road. When we talk about EV stocks, the first company that comes to mind is Tesla (NASDAQ:TSLA), but over
Crude oil recently hit a four-month high, with the International Energy Agency expecting a supply deficit through 2024. That view is based on the premise that OPEC maintains production cuts. However, this is not the only catalyst for crude oil. There will likely be multiple rate cuts in the next 12 to 18 months. Expansionary