With Wall Street jubilant about avoiding a recession last year, investors may want to continue betting on the same horse, although here’s the thing: targeting undervalued value stocks may offer a more sensible approach. You don’t necessarily want to abandon your winners outright. However, it’s also risky to assume lightning will strike twice. I’m not
Stocks to buy
While seemingly everyone loves talking about the dramatic advancements in technology in recent years, investors ought to consider the caboose of this freight train: cybersecurity stocks. No, it’s not the sexiest idea to bring to the table. But where there’s smoke, there’s fire. What on earth do I mean by that? Basically, as innovation improves,
With the equities sector avoiding a much-dreaded recession in 2023 and subsequently rising to unprecedented heights, investors may be better served rotating into undervalued stocks. Let’s think of it in (American) football terms. If you’re constantly running the ball, it might help to do a play-action pass, just to keep the encroaching defense honest. And
If Federal Reserve Chair Jerome Powell really does reduce interest rates, then forward-looking investors ought to consider blockchain stocks. True, you can always go for the individual cryptocurrencies. However, this arena carries both market and what I would term “administrative” risks. From data breaches to agonizingly forgetting passwords, a lot of stuff can go wrong.
As other investors grow more euphoric over the tech sector, perhaps it’s smart to take on a more contrarian mindset, with more defensive plays like those in the food scene. While you are diving into the food scene, you should also look for high-value dividend stocks. In the consumer-packaged food scene, I see plenty of
Stocks are looking a little pricey again. The rally in equities that started in November has raised the P/E ratio of the S&P 500 to around 26 times. That makes the Magnificent 7 stocks look a little less magnificent. This doesn’t mean you should sell those stocks. However, it can be a good time to look for
Fortune recently reported that the European climate agency, Copernicus, said that the global average temperature last year was 2.66 degrees Fahrenheit warmer than pre-industrial times. More importantly, it was 0.3 degrees Fahrenheit higher than the record set in 2016. As it becomes more important than ever to tackle global warming, climate change stocks will likely become
Market forces unleashed a sizable rally in U.S. equities in 2023. Although policymakers and equities traders were not out of the woods yet on the macroeconomic front, many positive signs in recent economic data fueled optimism. The Federal Reserve has already projected rate cuts most likely during the latter half of 2024, given how the
The U.S. saw a record 1.2 million EV sales in 2023 amidst high inflation and interest rates and a drop in EV demand. However, this gives us pause to consider the effects of low inflation for EV makers. Now is the best time to consider the best EV stocks to buy. Further, new leader BYD (OTCMKTS:BYDDF)
With even the Federal Reserve’s hawks like John Williams indicating that the central bank is done raising rates for the foreseeable future, the outlook for rates has become much more certain. As a result, companies are becoming more comfortable borrowing the funds needed to acquire other firms. Given the latter situation, I expect mergers and
Top-rated AI stocks enjoyed a dominant 2023 as more investors realized the potential of this technology. But, when stocks experience significant rallies, it’s easy to wonder if they are due for corrections. Many AI stocks have continued to perform well in 2024, including some of the picks on this list. However, some AI stocks have
SoFi Technologies (NASDAQ:SOFI) stock presents a compelling buying opportunity for investors seeking upside in 2024. The company has several catalysts for investors to hone in on, including the resumption of student loan payments and continued ecosystem growth with the company’s expanding portfolio of products. Improved deposits in the third quarter, reaching $15.7 billion, highlight consumer
Identifying the next big opportunity can be as elusive as stock market rewards. Identifying the hidden potential within the stock market often demands keen insight and strategic analysis. This article explores three stocks ready to skyrocket with unique catalysts that catapult their value to unprecedented heights. Read more to unpack the layers of their operational
As the market gears up for a potential rally in 2024, investors are eyeing key players in the tech sector for their growth potential and strategic moves. Additionally, when looking for pre-rally stock picks, investors often seek companies boasting financial stability that are also well positioned for strategic growth. The article delves into three tech
Nvidia (NASDAQ:NVDA) remained a top pick throughout 2023 as a leading AI play. The company’s high-performance chips essentially power much of the AI revolution, with NVDA stock holding pole position in tiers of market share in key GPU markets. The company’s Q3 revenue surged by 206% to $18.12 billion, propelling its market cap to $1.2
Investors now have an opportunity to acquire Advanced Micro Devices (NASDAQ:AMD) shares at reduced prices. The beginning of 2024 witnessed a correction, particularly in tech and AI stocks, causing AMD shares to drop from $150 to $137. This correction is attributed to investors securing gains after the tax year, rather than signaling a long-term AI
In 2024, the stock and crypto markets presented significant opportunities for gains. Beyond established projects, new ventures and overlooked altcoins offered potential for exponential returns. However, SEC approval of Bitcoin (BTC-USD) spot ETFs has marked a crucial point in the 2024 cryptocurrency landscape. Amid this recent market recovery, it paves the way for investment opportunities.
While Nvidia (NASDAQ:NVDA) may have stolen the spotlight when it comes to the best semiconductor stocks, it’s not the only idea out there. Not to pick on the graphics processing specialist – it’s doing just fine. However, with a trailing-year earnings multiple of nearly 72X, one has to wonder if a breather may be due.
With such a surprisingly strong performance printed last year, it’s only natural to consider going with the flow, not abruptly shifting gears with stock comeback predictions. Yeah, going contrarian is a sexy concept, I get it. However, turnaround stocks come with significant risks. While the aphorism of buy low, sell high permeate popular culture, the
While the technology sector – especially regarding artificial intelligence – may have captured the spotlight, investors ought to consider adding healthcare stocks to their portfolio. If I had to boil it down to one phrase, it would be permanent relevance. A bold claim but I believe there’s much validity to it. First and foremost, advanced