In the world of ESG stocks, it is often believed that implementing ESG surrenders profitability. However, such a narrative is false. ESG investing can be narrowed down to three sub-categories: impact investing, positive screening and negative screening. Indeed, impact investing often ignores a firm’s financial prospects. However, positive and negative screening methods are contra concepts
Stocks to buy
A lot of the credit for the U.S. averting an economic recession over the past year is going to consumers as their spending has remained strong despite elevated interest rates. The latest data from the U.S. Census Bureau showed that retail sales in November were up 0.1% from October, and up 3.1% from a year
Small-cap stocks are looking attractive now to many investors, including myself. These companies, on the whole, have lower valuations than their large-cap counterparts, meaning they could deliver the needed gains investors seek. Last year was categorized by an astonishing lack of market breadth, with the Magnificent Seven accounting for almost all of the gains in
What a year it was for most cryptos! As we reflect on 2023, and what is to come in 2024, many investors may certainly be considering the cryptos that may be winners for their portfolios. Overall, the future outlook for the next year is positive. Speculation has been building around an imminent approval for a
As we kick off 2024 with optimism and fresh perspectives, it’s time to look at the market and identify some prime value stocks poised for gains this year. With the economy steadily recovering, we can expect undervalued stocks to experience nice upside, as investor sentiment improves. Many companies with strong underlying businesses have fallen out
The space stock sector remains speculative but also highly interesting. Traditionally, space companies highly align with and are funded by the government. However, that is changing. These days, titans of the industry, including Elon Musk and Jeff Bezos, continue to funnel billions of dollars into the sector. The commercial space industry was valued at $546
What to do with $100,000? Where to invest that kind of money? These stocks to buy for 2024 include technology stocks, which continue to be a safe bet for growth-oriented investors. Of course, tech stocks are coming off their best year since the heady days of the internet bubble in 1999, with the Nasdaq index
Published in 1996, The Millionaire Next Door remains an insightful book that offers a glimpse into the lives of people with net worth exceeding $1 million. They didn’t drive fancy cars or live in big homes. Further, they had modest lifestyles, saved money, and frequently invested their extra cash. In fact, many of these individuals
The Street’s worries about PayPal (NASDAQ:PYPL) stock are way overdone. Eventually, these concerns, pushing the shares down 80% from their August 2021 high of $289, will become much less intense, enabling PYPL stock to soar far above its current levels. Specifically, investors’ trepidation about PayPal’s falling profit margins and its competition from Apple (NASDAQ:AAPL) will eventually be unfounded. As a result,
2023 was a busy year for utilities stocks, with both positive and negative developments. On the positive side, the sector deployed record volumes of renewable energy and enhanced grid reliability. However, issues arose. One was the catastrophic Lahaina fire in Hawaii, which led stakeholders to question safety practices at the local utility, Hawaiian Electric. Ultimately,
Amazon’s (NASDAQ:AMZN) stock price has been on an absolute tear this past year. Up 80% in 2023, AMZN stock appears to have overcome various short-term headwinds, with investors again focused on growth. Despite still trading more than 20% below its peak, AMZN stock may still be relatively cheap at 2.5 times next year’s sales. If the
The Nasdaq 100 had a banner year. After a disastrous 2022 that saw the tech-laden index lose one-third of its value, it rebounded sharply in 2023 soaring 55% to hit a new all-time high. Of course, most of those gains were because of the performance of the Magnificent 7 stocks. Since the index is market
Not every investor wants to actively monitor the markets and find hidden gems. It can be easier to invest stocks to buy and hold from companies that have vast enterprises, lower risk and plenty of growth potential. Buying stocks with the intent of holding onto them forever means ignoring the short-term noise and focusing on
Fundstrat analyst Tom Lee, who correctly called last year’s rally of the S&P 500 in the face of tremendous pessimism about U.S. equities, recently advised investors to overweight certain financial stocks. Specifically, Lee said on The Julia LaRoche Show that with interest rates are likely to fall meaningfully this year, and the most obvious beneficiaries
As we enter 2024, the biggest focus for governments worldwide is climate change and renewable energy. While several governments have committed to switching towards renewable energy sources, it will take time for them to achieve the same. Solar energy was in high demand at one time and then dipped to low costs, while wind energy
The notion of flying car stocks has long been the realm of science fiction. However, flying cars are fast becoming a reality. In July, Alef Aeronautics Received FAA approval for testing and began taking reservations. The company, which is not publicly traded, expects to begin delivery of its $300,000 vehicle in 2025. That vehicle called
Quantum computers are the new technology of today when it comes to computers. Imagine if there are already super-fast processors capable of doing many tasks simultaneously. Quantum computers are capable of doing this but with an infinitely better speed and power and, of course, faster than any normal computer. If you want to invest in
With the U.S. market obsessing over the “Magnificent Seven” stocks last year, investors sometimes overlooked great growth opportunities. Among the most promising picks for 2024 is China-based electric vehicle (EV) manufacturer Li Auto (NASDAQ:LI). Wall Street didn’t spend much time focusing on LI stock, but get ready for Li Auto to grab the limelight in the new
As we ring in a new year, many investors may be thinking about how to reposition their portfolios for 2023. Last year wasn’t necessarily a banner year for many battery stocks. Indeed, many companies have faced challenges in terms of production and metal prices. However, this group merits attention in 2024. Why? Well, the long-term
Artificial intelligence stocks have been top performers in the market. Nvidia’s (NASDAQ:NVDA) blowout earnings brought more attention to the space and created a gold rush of sorts. While many AI stocks have been scorching hot, investors have to discern the winners from the richly valued investments. The best AI stocks can continue to deliver robust gains in