The U.S. economy is on a positive trajectory under the Biden administration’s high-pressure approach. The country is seeing robust job growth and a historically strong labor market. January brought an unexpected surge of 353,000 new jobs, with 1.4 job opportunities available for every unemployed person, signaling a remarkable revival with manageable inflation levels and flourishing
Stocks to buy
The electric vehicle (EV) market is likely headed toward a slump in 2024. Tesla (NASDAQ:TSLA) CEO Elon Musk has warned the EV maker could experience slower growth in 2024. Interest rates remain elevated, and the Federal Reserve does not want to be hasty about cutting them either. Moreover, despite the economy performing better than many had predicted,
With several analysts beginning to question the sustainability of the current stock market trend, investors should look to blue-chip stocks for stability in case of potential corrections. Investors seeking to increase their portfolio value significantly should focus on companies with proven track records of innovation. Even if a company’s stock suffers during a market downturn,
With oversupply issues and falling demand for electric vehicles, lithium stocks were crushed. But you may want to use the downfall as an opportunity to accumulate lithium stocks to buy on the cheap. For one, “After its decline, the lithium carbonate spot price is now at a level that threatens some higher-cost projects under development
Artificial intelligence (AI) has become a buzzword in the stock market after companies specializing in the industry saw robust growth. Many corporations announced efforts to use AI and generative AI to increase their productivity and enhance their products. AI remains in its early innings. Its tools are showing up in more places, offering investors an
As technology continuously finds better ways to improve our lives, we see advancements in self-driving cars, AI, cloud computing, and so much more. The growing interest in flying cars is one of the most exciting things catching our attention. Industry experts see the market reaching $23.4 billion by the decade’s end, a 52% CAGR. While
Big-name tech stocks posted strong earnings to start the year. But, if you missed the boat on Meta (NASDAQ:META) or Nvidia (NASDAQ:NVDA), don’t lose hope. These tech stocks to buy now have plenty of room to run, and, in some cases, short-term news is putting undue downward pressure on share prices – offering an ideal
We are halfway through the earnings season, and what an exciting time this has been! Several companies have reported exceptional results, proving that the economy is on its way to recovery. We will see better days ahead, and the stock market could soar. While many companies have already announced results, several stalwarts have not yet.
After struggling to find its footing following myriad questions about corporate direction, Disney (NYSE:DIS) fired back with a strong earnings performance, thus putting other entertainment stocks on notice. Still, that doesn’t mean investors should ignore alternatives to the House of Mouse. Earlier this month, the Magic Kingdom posted better-than-expected profits for its December quarter. Also,
Tech stocks are flying high right now. With the Federal Reserve seemingly set to cut interest rates later this year, traders are positioning themselves for a big rally in equities. That might make it seem like it is too late to cash in on leading e-commerce stocks. However, there are still some bargain opportunities in
I have always said it, and I keep my word regarding the biotechnology sector, since it is one of the largest and most important sectors. Not only is it vital for the financial markets, but for the quality of human life. Thanks to companies in this sector, there are innovative and completely effective solutions for
As we eagerly await rate cuts from the Federal Reserve, there is high optimism in the air. Strong quarterly earnings, low inflation and better expectations for the coming quarter are pushing the economy in the right direction. Several e-commerce stocks beat Wall Street expectations and are highly confident about business this year. Consumers have maintained
In 2024, it doesn’t seem like $15 goes very far. That’s especially obvious when one takes a trip to the grocery store or simply tries to buy a meal. While you can easily burn through $15 that will never be seen again it is also possible to make investments for $15 that have the potential
Looking for quantum computing stocks to buy? In the fast-evolving realm of technology, quantum computing has established itself as a true beacon of innovation, signaling a monumental shift from classical computing norms. This transformative technology is poised to effectively revolutionize our understanding of complex domains, including economics, healthcare, space, and whatnot. As we stand on
Stock markets don’t have any short cuts to success. Investors need to hold high-quality stocks with patience for multibagger returns. The idea is to create a core portfolio that remains untouched for an extended period. Of course, business developments need to be monitored on an ongoing basis. At the same time, many prefer smaller portfolios
Investors continue to cycle back into growth stocks across many sectors, including fintech stocks. With this, figuring out the best fintech stocks to buy may be top-of-mind right now. Although many popular and more under-the-radar names have performed extremely well in recent months, for those with a long time horizon, several of them are arguably
Electric vehicle manufacturer Tesla (NASDAQ:TSLA) might not stay in the prestigious “Magnificent Seven” or “Mag-7” club much longer. Tesla is out of favor for the moment, and you may be tempted to get rid of your shares. Don’t let temporary sentiment shifts cloud your TSLA stock outlook, though. Indeed, I’d say now is the time to buy what
If you’re looking for some of the hottest opportunities on the market, consider some of the best momentum stocks to buy. After all, momentum investors try to ride the highs no matter what happens. Even when a hot stock reaches above levels the markets believe are too high, those investors continue to buy. Many times
BP (NYSE:BP) reported excellent Q4 2023 results on February 6. It continued the cavalcade of excellent fourth-quarter reports from oil and gas stocks. However, despite oil and gas companies’ cash flow bursting at the seams, the Energy Select Sector SPDR Fund (NYSEARCA:XLE) is down 1.7% compared to a 6.0% gain by the S&P 500. BP
As 2023 passed with no recession materializing, many investors breathed a sigh of relief, which natively may not seem supportive of targeting high-yield dividend stocks growth. After all, with the economy booming and workers vigorously rejoining the labor market, equity sector participants may eschew passive income for outright capital gains. However, high-yield dividend stocks growth