According to the International Monetary Fund, we are on the brink of a technology revolution spearheaded by artificial intelligence. The technology will boost productivity, accelerate global growth and raise incomes globally. Multiple AI stocks will benefit from this transformation. Today, businesses are analyzing how they can leverage AI to improve productivity and how it affects
Stocks to buy
If you were asked how many firms currently are valued at $1 trillion or more based on market cap, what would you guess? The answer might surprise you. It’s six. Of those six, one, Saudi Aramco, Is not readily accessible to American investors as it isn’t listed on commonly accessed exchanges. Anyway, long story short, reaching
Financial technology (fintech) has seen healthy adoption over the last decade. An entire generation of teenagers is not thinking twice about going cashless as they can exchange money with friends with just a few taps on their phone. However, the technology is different than the companies that provide that technology. Furthermore, many fintech stocks have
Global GDP growth depends on various factors of productivity and efficiency. An important driver of growth is the focus on technology and innovation. As the United States shifted focus away from manufacturing, it’s the technological edge that has ensured that the country remains the leading economy in the world. Therefore, IT stocks are always likely
Analyst upgrades aren’t gospel. But retail investors should pay close attention to the way top analysts and “smart money” operators position themselves in today’s economic climate. Though we’re still (technically) in a bull market, increased nervousness around higher interest rates and Magnificent Seven concentrations point to wider bearish tendencies throughout the analyst class. Therefore, investors
Consumers allow businesses to operate and grow. Knowing where people put their money and what industries are heating up can help you discover profitable investment opportunities. While we all have to buy the necessities, many people have extra money lying around after buying their essentials. While some of this money gets saved, some of it
Both brick-and-mortar and online gambling markets are indeed expanding. On the brick-and-mortar side, Japan and New York are adding new casinos, while Texas appears to be moving in that direction. And on the online side, new American states are constantly legalizing betting. Also importantly, gambling has always been and will always be a very popular
Blue-chip stocks are the type of investment that allows people to sleep soundly at night. These are the shares of established companies that are profitable, have clean balance sheets, and have a track record of performance. Banks, insurers and healthcare companies are examples of rock-solid blue-chip stocks. They may not be flashy or exciting, but
Consumer sentiment could surprise to the upside in 2024 as rates finally begin to turn lower. Indeed, the Federal Reserve may just get the gentle economic landing they’ve worked hard to orchestrate. While it wasn’t an easy landing for the Fed to engineer, it looks like the U.S. economy may very well be spared from
Among the dynamic tech stocks, three key players are emerging as hidden treasures with the potential for explosive growth. This article will navigate the intricate web of their strategic moves and fundamental strengths. Here, the spotlight is on the first one’s astute balance between rapid growth and profitability, the second one’s robust revenue surge and
Quantum computing stocks could be the newest trend in the technology space. The reason I’m bullish on these companies is that the shift from classical to quantum computing could be dramatic. It will unlock the needed processing power for us to make large strides in the fields of AI, healthcare, robotics, and just about every
Of course, working and collaborating for a green world is everyone’s task, but there are companies doing work and striving tirelessly to help us with this work. From different sources of energy creation to different ways of sanitation. Green stocks play a very important role, not only in the financial markets but also in our
The plunge in lithium prices is a golden opportunity to consider the best lithium stocks to buy and hold. In my view, lithium is poised to surge higher in the coming years and this will translate into multibagger returns from lithium stocks. The best time to buy is when sentiments are depressed than in times
Electric vehicle sales have been increasing at a robust pace in the last few years. In 2022, global EV sales exceeded 10 million. Further, EV sales for last year are likely at 14 million and would account for 18% of total car sales. As healthy growth sustains, I am bullish on some of the best
From CRISPR gene editing to modify ideal agricultural traits, synthetic biology to promote eco-friendly engineering, or even that relating to biofuels, the field of biotechnology, also known as biotech, offers exciting disruptive solutions with the potential to expand to market caps worth trillions! With new catalysts such as artificial intelligence and quantum computing offering methods
2023 was rough for the video gaming industry; the sector slowed from industry-wide layoffs to stagnant consumer demand. However, the start of 2024 brings a new dawn for gamers as exciting gaming events, like the New York Game Awards and the “oh so cool” CES 2024, spice up gamers’ appetite for upcoming title announcements and
2024 could be the year of small-cap stocks. After a monster year for tech stocks, especially mega caps, an improving macroeconomic environment is likely to facilitate a rotation from the 2023 winners to stocks that are performing better in the environment of lower rates. Along these lines, many top-rated penny stocks could stage monster rallies
Everyone knows that America has a major obesity problem. Because of this, new anti-obesity drugs are going to generate a great deal of revenue and profits their companies. What people don’t realize is that those weight-loss drugs come with high valuations and equities that reflect most of the profits they will generate. Consequently, investing in
AI-related growth prospects continue to propel Nvidia’s (NASDAQ:NVDA) stock to new highs. The market is bullish on NVDA, but some analysts are concerned about a potential reversal. In their minds, while much of NVDA’s strong run has been justified, investors have gone overboard. The stock is almost certain to undergo a sharp price correction. Given
The electric vehicle charging market is booming. According to Statista, the novel market will reach more than $8 billion in annual revenue by 2027. Increasing adoption of EVs, supportive government policies, and technological advances in charging technology have all driven wide-ranging transformations in the space. This will have big implications for EV charging stocks. As