Lithium prices have been crushed. But that’ll happen with oversupplied markets, and lower demand for electric vehicles thanks to higher interest rates. However, with some lithium mines shutting down or reducing production we could see less supply. This could help stabilize prices and send lithium prices higher with demand. All of which could be good
Stocks to buy
The cybersecurity industry has a $2 trillion market opportunity. As the record number of ransomware attacks showed last year, threats are rising, and businesses need to bolster their defenses. In such a backdrop, cybersecurity stocks are a top industry to invest in. Several tailwinds underpin spending on cyber defense. First, rising threat levels make cybersecurity
It seems likely that as mortgage rates continue falling and consumer confidence restabilizes, the U.S. housing market will finally stage a huge recovery this year. That’s why we’re confident that housing stocks will be one of the best ways to make money in 2024. And in fact, it seems the housing market recovery has already
Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is a “Magnificent Seven” member with investments in artificial intelligence technology. The bull case for GOOG stock is strong, but some traders might be concerned about Alphabet’s layoffs. There’s no need to worry, though, since Alphabet’s job cuts are probably necessary for the company’s long-term growth. Of course, Alphabet isn’t
Nvidia (NASDAQ:NVDA) has proved to be a standout holding for long-term investors. Indeed, one look at Nvidia’s stock chart over essentially any time frame shows what investors hope to see. That is, a line moving up and to the right, rather consistently. This will have big implications for NVDA stock holders in the future. Of
Having avoided a much-dreaded recession last year, investors may feel emboldened to consider risk-on assets, thereby ignoring top-rated value stocks. However, that could be a mistake. Don’t get me wrong – growth-oriented enterprises may see robust tailwinds, especially if interest rates decline. But that prospect might not be guaranteed. You want to be prepared for
Fueling the main narrative for undervalued tech stocks to buy in January is the rotation principle. With the usual suspects still garnering much attention, it’s tempting to continue riding the same horse. However, a better idea may be to consider innovators that just haven’t received much attention. For example, everyone seemingly loves talking about Nvidia
Though the dominance of Nvidia (NASDAQ:NVDA) is unquestioned – especially with the rising prominence of generative artificial intelligence – it’s also worth pointing out that other chip stocks exist. Now, they might not offer the radical paradigm shift that NVDA sparked last year. Frankly, it’s difficult to make lightning strike twice. However, from a value
Microsoft (NASDAQ:MSFT) stock represents the U.S. market’s most valuable company overtaking Apple (NASDAQ:AAPL) by capitalizing on AI with Co-Pilot, a $20/month add-on to Microsoft Office 365. With 345 million subscribers, Office was a $63 billion business in 2022, with one-third of revenue coming from the U.S. If even 10% of those users buy the add-on,
When investors stopped thinking about stocks to buy for high inflation, the U.K.’s Office of National Statistics (ONS) delivered a jolt to the system. On January 17, the ONS reported that the Consumer Prices Index (CPI) rose by 0.4% in December. This pushed the annual inflation rate to 4.0% from 3.9% in November. Increasing prices
Since March 2022, SoFi Technologies (NASDAQ:SOFI) stock has traded in a tight range between $5 and $10. The fintech’s share price almost reached double digits at the end of 2023, its highest level since last July’s 52-week high of $11.70. SOFI traded over $25 in January 2021, which is hard to believe. It’s spent enough
The future of the U.S. economy appears promising as indicated by recent economic reports. The Federal Reserve’s Beige Book regional survey suggests that while manufacturing has faced some decline, strong travel activity and optimistic expectations from businesses, driven in part by the prospect of lower interest rates, contribute to a positive outlook. Additionally, buoyant retail
Are you very forward-looking and don’t mind speculating on future trends? If this describes you, then you’ll definitely want to take a look at Joby Aviation (NYSE:JOBY) stock. You’ll want to have a long time frame, though, as Joby stock is involved in an industry that’s still in its early stages. Specifically, Joby Aviation manufactures electric vertical
The appeal of electric vehicle (EV) stocks is clear to many investors. With the market size forecast to grow from $438.18 billion in 2023 to $1.09 trillion by 2030 at a CAGR (compound annual growth rate) of 13.92%, it’s easy to see why so many are keen to embrace this form of sustainable investing. The
Amazon (NASDAQ:AMZN), a well-known e-commerce stock long-term investors have beaten the market owning, has proven itself to be a formidable player in certain key sectors which have actually driven the vast majority of its growth in recent years. This makes it a boon for AMZN stock. Whether it’s cloud computing or the company’s long-standing AI
Tech stocks are undoubtedly one of the best paths to wealth in the stock market. With the emergence of artificial intelligence (AI), investors are on the hunt for companies that can deliver outsized returns. However, taking advantage of these wealth generators requires both a level-headed and forward-thinking approach. More often than not, investors find themselves
If you’re wondering what stocks to buy this month, look no further. After big gains in 2023, the stock market is off to a slower start this year. The S&P 500 is essentially unchanged and bounces around due to conflicting economic signals. Where 96% of traders had expected the Federal Reserve to cut interest rates
Dividend stocks are a great way for investors to diversify their investment portfolios. After all, you do not have to approach investing with only a growth-focused mindset. Millions of income-oriented investors can achieve the financial success they’re looking for. As we navigate exciting and challenging economic times, a steady income stream through dividends becomes more
2023 has come to an end. 2024 is here and the electric vehicle industry couldn’t be happier about that transition. EV stocks suffered through a very difficult 2023. The high interest rate environment was but one of many factors that served to stunt sector growth overall. Investors could be forgiven for assuming that the electric
EV battery stocks could be on the precipice of a strong rally. The catalyst of this potential rally comes from a company that’s revolutionizing the solid-state battery market, QuantumScape (NYSE:QS). To put this rally into context, QS stock is on the verge of commercializing its batteries and this development is expected to be disruptive if