As the third-quarter earnings season gets underway, the market remains volatile and unpredictable. With war breaking out in the Middle East and bond yields remaining elevated, equities have been gyrating lately. However, within this environment, there are several stocks that are trading at 52-week highs and fast approaching all-time highs. While some of these names
Stocks to buy
Even with multiple concerns related to the global economy, the outlook for equities remains optimistic in 2024. And if the broad markets lean sideways, certain sectors or themes will create value. After a big correction in 2022, not all growth stocks have recovered in the current year. Multiple undervalued growth stocks can become value creators
Beginning in January 2024, EV buyers will receive an immediate $7,500 tax credit upfront at the dealership. The announcement promises to spark EV sales and revenues when it is adopted, and that makes preemptive purchases of such stocks attractive. Analysts including S&P Global Mobility’s Stephanie Brinley note that the move simplifies the purchase process. The
With the game of preserving as much value as possible in your portfolio on the line, investors ought to move into a “prevent” defense with steady stocks for uncertain times. To extend the football analogy, you’re not so worried about garbage yards in front of you but rather preventing the big score behind you. Of course,
Food technology stocks present robust long-term potential. Digital food delivery markets could potentially surge from their current valuation of $203.87 billion in 2023 to a whopping $473.07 billion by 2030, underpinned by a notable 10.03% compound annual growth rate (CAGR). Consequently, the market’s promising growth, driven by rising smartphone usage and rapid urbanization, provides an
Palantir (NYSE:PLTR) has certainly been on a rollercoaster ride over the past couple of years. The big data and AI stock languished for much of 2021 and 2022 and the first half of 2023, leaving many investors frustrated. However, sentiment has turned much more bullish since May, with PLTR stock surging a remarkable 142% from
Uncovering under-the-radar stocks with the potential for significant gains has always been an intriguing quest for investors. The allure of identifying those hidden gems before they surge in value is both enticing and financially rewarding. In the vast landscape of stocks and investments, those quietly making waves are waiting to burst into the limelight in
Could we be waiting for the most important earnings report of the year? Certainly, it will be a major event when electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) releases its third-quarter 2023 earnings results. If my contrarian instincts are spot-on, you’ll definitely want to mark your calendar and own TSLA stock before Tesla’s quarterly data is announced.
If you haven’t been buying the best energy stocks, there’s still time. It’s a simple math problem. Just a year ago, oil was struggling to stay above $70 a barrel. It’s now likely that $80 will be the new floor for crude oil. Industry executives and analysts are saying that $100 oil is a high
In the swiftly evolving financial landscape, AI stocks to outperform the market have caught the attention of savvy investors. With the monumental rise of AI in stock trading, markets are undergoing a profound transformation. This isn’t your grandfather’s stock exchange anymore; it’s a dynamic, data-driven battleground where algorithms reign supreme. For October 2023, we’re leveraging
There are many advantages to investing in small-cap stocks. These companies are typically more established than the companies within the microcap stocks category (stocks with a market cap of $300 million or less). At the same, they are still “tiny” enough to have stronger growth potential than larger, slower-growing mid and large-cap names. This makes
Alcoholic beverage company, Anheuser-Busch InBev (NYSE:BUD), parrent company of Budweiser and Bud Light among others, was at the center of heated debate and boycotts. However, some investors might find value in BUD stock now. It’s not our number-one pick of all time, but it gets a “B” grade and may be worthy of a small
The stock market is in the final quarter of 2023, and it’s been a bumpy ride so far. Geopolitical tensions, rising inflation, and elevated interest rates remain significant obstacles. It’s difficult to feel bullish in this environment, but every investing environment has opportunities. Stocks for a bear market proof portfolio have the potential to outperform
With the market continuing to print rather unimpressive performances, investors may want to consider the best oil stocks to buy. Simply put, cynicism may be the name of the game. Basically, you’ve got to make do with a less-than-ideal situation and hydrocarbon energy providers sell themselves. For one thing, you have geopolitics working in your
A double-edged sword if there ever was one, the September jobs report effectively put the Federal Reserve in a bind, catalyzing the case for stocks for rising interest rates. Sure, on the one hand, most governments aim for a robust labor market. Happy, employed workers obviously tend to be satisfied, thus reducing pressure on policymakers.
While bulletproof dividend stocks genuinely offer a higher probability of protection (over the long run) against an incoming market downcycle, investors growing in their sophistication may want to consider options trades. As derivatives of the underlying securities, options provide incredible flexibility that you can’t get with buy-and-hold dynamics. For one thing, bulletproof dividend payers probably
They say we’re now living in an “age of acceleration” when technological advances are coming at us at breakneck speed. Not long ago, science fiction films and novels depicted a future when we would speak to computers and they would speak back, people would take a pill each day to remain thin and private companies
Transportation sure has come a long way since our grandfathers were on the roads. Now, instead of those traditional, gas-powered cars, we’re nearing the potential for flying cars, autonomous vehicles and even further adoption of millions of battery-powered cars. Better, the opportunities in transportation stocks could be worth billions, even trillions in some cases. In
Even while the “Magnificent Seven” stocks carry the market higher, not every technology stock is loved on Wall Street. Indeed, PayPal (NASDAQ:PYPL) stock can’t seem to catch a bid in 2023. This presents a terrific opportunity for enterprising investors. PayPal is a premier fintech business that’s not afraid to try new ventures in leading-edge tech
Web3 stocks are part of the future of finance and investing. These companies are uniquely positioned at the intersection of many trends in cryptocurrency, blockchain and digital identity investing. Whether you are skeptical about the value of these companies in the short term, what’s undeniable is that many consider them to potentially be worth far