For the last 18 months, finding undervalued travel stocks has been difficult. Despite concerns about a recession, consumers have been remarkably resilient and continue to prioritize spending on travel over accumulating things. The February 2024 Jobs report did nothing to dampen the travel surge narrative. The report showed that the travel and leisure sector
Stocks to buy
The athleisure segment has had mixed fortunes. While highfliers such as Lululemon (NASDAQ:LULU) continue to post amazing growth, other players have stumbled. Today, there are several undervalued athleisure stocks to consider. Broadly, the athleisure segment has been a growing category for several reasons. First, the work-from-home trend catalyzed by the Covid-19 pandemic has been a
The month of March has a reputation for being among the more volatile ones for the stock market. The NCAA basketball tournament known as March Madness also occurs during the month. In turn, some associate that madness with tumult in the markets. That has investors curious about what will happen to Dow stocks this month. Whether
Semiconductor stocks are attracting attention this year as artificial intelligence (AI) adoption leads to a mushrooming growth in the demand for chips. The sector’s success will have significant implications on the U.S. economy due to the ubiquitous demand for microprocessors. Furthermore, the sector is anticipated to grow in 2024 as supply chain problems are resolved
Along with electric vehicles, investors see renewable energy stocks as an industry with the largest future potential. But after a tough couple of years in 2022 and 2023, renewable stocks have fallen out of favor. Renewable energy companies are among the hardest hit by global macroeconomic factors like high-interest rates. But with rates appearing to
While the broader market has had its ups and downs over the past year, someone forgot to give that memo to the red-hot nuclear energy sector. The Global X Uranium ETF (URA) is up more than 54% since March 2023. The Sprott Uranium Miners ETF (URNM) is up nearly 65%. And U.S.-based uranium miner Uranium
Biotech stocks are not for investors with a low-risk tolerance. This sector has stocks that are either considered blue-chip names or pre-revenue lotto tickets. It is also one of the most important sectors that produce treatments and drugs for the betterment of mankind. Investing in biotech stocks can be risky since the clinical results of
With the stock market trading around record highs, we have compiled three top stocks for long-term investors. Despite concerns regarding potential macroeconomic headwinds and global geopolitical instability, the bullish market sentiment continues on Wall Street. Generative AI’s disruptive potential and a wave of strong corporate earnings are fueling this optimism. The S&P 500 index is
Nvidia’s (NASDAQ:NVDA) recent quarterly report single-handedly shifted investor sentiment in the AI world. The company’s 65% revenue surge defied some of the most bullish analyst projections. So this led to continued interest in other companies that can benefit from the AI rally on both the top- and bottom-lines. Further, tech giants have been driving the
It’s almost never a bad idea to consider Wall Street’s opinion of a given stock before investing. After all, that’s what the firms pay their analysts to do: Form logical opinions based on data and insider knowledge. The potential breakout stocks discussed below are three among many That Wall Street is hinting will see a
The electric vehicle (EV) market is in the midst of a slump in 2024. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either. Elevated rates for an elongated period not only risks slowing economic growth, but it can disincentivize consumers from purchasing products or assets normally bought using debt,
Real Estate Investment Trusts (REITs) are companies that own, operate or finance real estate properties. They offer investors the opportunity to gain exposure to the real estate market without the upfront investment of purchasing a property. REITs also typically supply investors with a strong dividend yield. To qualify as REITs, companies legally must return 90% of
While making investments, the quest for the next big opportunity will continue. Let’s explore three stocks that create a possible scenario where investments multiply fivefold within this decade. This could propel portfolio returns to unprecedented heights. Such prospects are not mere figments of optimism but realities in the finance and technology sectors. With its expansive
Renewable energy stocks will continue being relevant as the world intensifies its fight against climate change. Despite recent setbacks, the undeniable march towards a greener future powers on, underscored by the commitment to slash carbon emissions. Renewable energy sources stand at the cusp of this transformative journey, embodying the push towards environmental goals. However, the
The stock market is on fire, with growth stocks hitting new highs almost every day. Sectors such as artificial intelligence and semiconductors are enjoying tremendous momentum right now. For traders that want to ride the wave, there are plenty of opportunities. For more valuation-focused investors, however, the growth stock space looks challenging with so many
Wall Street loves nothing more than hypergrowth stocks, especially if it’s profitable. Even if a company isn’t profitable today, Wall Street will eagerly assign a premium valuation if it sees massive growth potential down the road. That explains the recent enthusiasm around AI, SaaS, and data analytics stocks. Many believe these high-flying tech companies can
President Biden has taken a very strong approach towards the renewable energy goals. He has announced several tax credits for renewable energy companies. The president has committed to increasing renewable energy production on land and water, which has given a boost to renewable energy stocks across the country. While 2023 saw a slowdown in the
Financial technology has taken the world by storm as one of the most important sectors of the economy. With the adoption of artificial intelligence (AI) and innovation in technology, the fintech sector is expanding at a rapid pace. A report by McKinsey highlights that the revenue in the fintech space is set to grow about three times
In the stock market, identifying the next big opportunity is like observing a celestial phenomenon. Today, through the cosmos of investment, three shining stars are identified for their potential for astronomical valuation possibilities. Like cosmic entities moving in their orbits, each of these rocket stocks traverses a high-growth industry. The first one has a mastery
Letting your winners run is a proven strategy on Wall Street, but one that’s hard to pull off. The temptation to take profits by removing your original investment becomes too great — but doing that greatly diminishes your returns. Microsoft (NASDAQ:MSFT) began its run toward being the most valuable company in the world when the