Nvidia (NASDAQ:NVDA) stock surged throughout 2023, but has been sliding as investors take some risk off the table by taking profit. Investors can make prudent moves, but their necessity is questionable. The market may have overreacted to anticipated lower interest rates. Despite the company’s impressive performance in 2023, there are indications that growth may slow
Stocks to buy
Even though the stock market is off to a rough open this year, there’s a lot of reason to be bullish about investing in 2024. The economy looks to improve, inflation is back to manageable levels and consumer discretionary stocks look to be a good sector for new investors. Consumer discretionary stocks are those that
Quantum computing is the next evolution of computing. Its benefit is that, at its core, it is capable of solving problems that classical computers cannot. Classical computers often rely on brute force to find solutions to complex problems. However, like all things, there is a barrier. These millionaire-maker quantum computing stocks will push computing past
Unlocking the potential of small-cap stocks often reveals sky-bound potential. The three listed stocks in the article offer substantial growth opportunities. These three small-cap marvels are making waves, from maritime prowess to tech marketplace innovations and biotech breakthroughs. The first one’s consistent dividends and solid returns, the second one’s thriving B2B ecosystem, and the third
Electric vehicle startup Rivian (NASDAQ:RIVN) delivered slightly fewer EVs than analysts had expected last quarter. This will have important implications for RIVN stock holders. Much more importantly, the firm’s deliveries fell 10% versus the previous quarter. While I certainly didn’t anticipate such a drop and it is a negative development, Rivian’s other positive catalysts will,
PayPal (NASDAQ:PYPL) boasts impressive U.S. adult usage over the past five years. Currently, more than 70% of the adult American population uses this platform, highlighting PYPL stock’s strong brand recognition and user loyalty. Indeed, PYPL stock has been solidified as a preferred payment method, providing a robust foundation for future growth strategies in the U.S.
In the tech investment space, three stocks stand poised to rewrite the rules of growth and profitability. These three companies have sparked widespread interest and speculation, projecting a potential leap of 3X by 2026. The article explores their compelling fundamentals of strategic prowess and market dominance. Financial revelations speak volumes. The first one’s meteoric rise,
When it comes to East Asia’s economy, China is “the straw that stirs the drink,” as the saying goes. Although China’s economy has slowed meaningfully and has major problems, it has certainly not stagnated. Indeed, the International Monetary Fund is projecting that China expanded 5.4% last year. They also predict that China will grow another
Undeniably, one of the worst-hit sectors overall last year was solar stocks. So, why bother even considering this embattled sector? Basically, the fundamental narrative may change. While solar stocks indeed suffered either disappointing performances or hefty losses, much of that centered on broader economic conditions. During the post-pandemic heyday of the renewable energy segment, low-interest
With the political and ideological winds pushing for increased sustainability, the concept of green stocks have jumped to the forefront. And don’t worry, this isn’t about tree hugging for its own sake (though you can do that if you wish). Rather, going the sustainable route can be quite profitable. According to McKinsey & Company, a
If you’re wondering if there are any worthwhile food stocks to own currently, look no further. Food stocks saw collective investor enthusiasm fall off a cliff in recent years. The plant-based meat products largely proved a bust as consumers made their preference for “real meat” known. But that doesn’t mean we need to throw the
Often longevity stocks are associated with biotech stocks that advance medical science to improve human lifespan. And, the vast majority of longevity-focused content centers around biotech applications. But that outsized emphasis on biotech in longevity misses the forest for the trees. Beyond biotech, a range of anti-aging stocks and longevity-focused companies aim to extend human
Wealthy consumers are getting a lot of credit for keeping the U.S. economy going. Despite the highest inflation rate in 40 years and the highest interest rates in nearly 25 years, the rich have continued to spend. The top 20% of U.S. households account for nearly 40% of all consumer spending. And these Americans, whose
The hospitality and entertainment sector has weathered immense challenges recently, from the global pandemic to inflation and uncertainties around interest rates. These external shocks put immense pressure on the industry, plunging valuations for major casino and resort companies. As the outlook brightens, select firms within the sector look poised for expansion and growth. It might
A new year brings new questions for investors looking to find the top stocks for 2024. Will the long-forecast recession be confirmed? If so, how severe will it be? Will the Magnificent 7 continue to be magnificent? Are future earnings already priced into the stock market? What is the Federal Reserve’s thinking on the timing
The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) has slumped by more than 3% since the beginning of the year. And this is conveying a bearish tone among lithium investors. However, the year has just started. Therefore, I’m not overly worried about the sector’s sluggish start to 2024. Top-down and bottom-up factors are aligned
Over the past year, four stocks with a market capitalization of $200 billion or more (out of 44) had a triple-digit return. Advanced Micro Devices (NASDAQ:AMD) stock was one of them, up 114.2% according to Finviz.com. The others are Nvidia (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), and Tesla (NASDAQ:TSLA), up 237.5%, 178.3%, and 122.1%, respectively. That’s some
As most investors know, Mark Zuckerberg is the CEO and co-founder of Meta Platforms (NASDAQ:META), which operates the world’s most profitable social media platform. He’s also the controlling shareholder with approximately 61.1% of the META stock votes. Zuckerberg controls Meta through Class B shares, which have 10 votes per share, compared to one for Class
The business of producing food is integral to societies everywhere. Historically, it was done primarily in rural settings. However, the world is becoming increasingly urbanized, increasing the demand for urban farming. Urban farming stocks are a relatively small sector but one with the potential to grow rapidly. Not only are large firms looking to capitalize
Crude oil prices are stabilizing after a brutal selloff in the fourth quarter. Amidst fears of a wider Middle East conflict, prices have found a floor around $70 a barrel. The stabilizing prices and lower valuations are favorable for energy stocks. The main catalyst for energy stocks is the crisis in the Middle East. In