The resilience of consumer spending amidst rising interest rates is, in part, thanks to an often overlooked yet significant factor, the aging demographic of Americans. As individuals aged 65 and older now represent a record share of total consumer spending, they play a crucial role in stabilizing the economy. Their financial stability and decreased susceptibility
Stocks to buy
Lately, there has been plenty of news directly and indirectly affecting Chevron (NYSE:CVX) stock. Namely, after spiking last month, crude oil prices have pulled back. Still, while Chevron has slightly fallen out of favor, don’t assume that now’s the time to sell (if you own it), or avoid (if you’ve yet to make it a
The global economy’s momentum has slowed due to various factors like rising interest rates, the war in Ukraine and geopolitical tensions. The recent Israel-Hamas conflict adds more uncertainty. The IMF predicts global economic growth to be 2.9% in 2024, down from the previous forecast of 3% in July. Not even the breakout year enjoyed by
Consumers rely on energy companies for utilities, transportation, and other essentials. Many companies in this industry don’t have the highest valuations and tend to be safer investments. Energy is one of the last expenses consumers cut. People will still travel in their cars and pay to fill up their gas tanks. People in electric vehicles
Advanced Micro Devices’ (NASDAQ:AMD) CEO, Lisa Su, aims to challenge Nvidia’s (NASDAQ:NVDA) 85% market dominance in AI processors. AMD’s MI300 line focuses on inference solutions that analyze new data using pre-trained AI models. To achieve this, AMD must dispel the notion that Nvidia processors are better because of its software. But some, like Lamini, find
There’s an old saying on Wall Street that there are many reasons to sell a stock, but only one reason to buy: You think the price will go up. That saying is especially true when it comes to executives or board members buying up the stock of a company they manage or oversee. Known as
The Social Security cost of living adjustment (COLA), which is tied to the rate of inflation, was a whopping 8.7% this year. It is expected to be around 3.2% for 2024. That’s a big increase for retirees living on a fixed income. While the Social Security increase can be used to help with everyday living
While investors favor technology stocks for their growth, they can also be a reliable source of dividend income. Dividend tech stocks offer investors above-market earnings growth and a reliable income stream. As we head into 2024, technology has emerged as one of the most resilient sectors. Secular growth trends such as the digitization of the
Technological breakthroughs were a key theme for the stock market in 2023. From the vigor of AI to the rapid pulses of 5G, augmented reality (AR) and the expansive domain of the Internet of Things (IoT), our world is evolving at a breakneck pace. Consequently, tech stocks to buy now grace every discerning investor’s portfolio.
To clearly set expectations from the get-go, these top stocks under $5 represent extraordinary risks. As either small or even micro-capitalization enterprises, you automatically should assume volatility when entering this arena. It’s just a fact of life, nothing more: higher risks, (maybe) higher rewards. At the same time, walking the path of being a volatility
While targeting Warren Buffett stocks – that is, the securities under the holdings of conglomerate Berkshire Hathaway (NYSE:BRK-B) – might not seem particularly exciting, the Oracle of Omaha may be offering the best guidance given the circumstances. Unlike other random bits of “information” you might find on the Internet, the legendary investor knows what he’s
While publicly traded securities that benefit from significant upside potential usually carry a higher-risk profile, with high-growth S&P 500 stocks, you can almost get the best of both worlds. To be fair, we need to set some expectations. If you’re looking for absolutely blistering gains – securities that can go 3X or higher – you
The competition in the Electric Vehicle industry is growing and while it is too soon to announce a winner, Tesla (NASDAQ:TSLA) is still considered as one of the leaders and the biggest industry players. To achieve the 2030 goal, governments across the world have been making every attempt to increase EV adoption and while we
Although SoFi Technologies (NASDAQ:SOFI) is having a good year in the markets, SOFI stock has traded in a narrow range between $5 and $10 over the past 18 months. It hasn’t been the volatile stock most investors would consider it to be. However, it also hasn’t delivered for shareholders of Social Capital Hedosophia Holdings V,
Embarking on a fiscal journey, investors are on the lookout for resilient stocks to buy for rising inflation amidst the economic unease. With the U.S. inflation rate ticking up to 3.67% in August, small businesses grapple with escalating costs, while the looming threats of an earnings recession permeate the financial landscape since the end of
With their low prices and tendency to be more volatile than the overall market, many investors see penny stocks as a possible opportunity for extremely high returns. Yet while the opportunity is there to generate fast gains in a short time frame, this may not be the best approach. A better way to approach these types
Early in the pandemic, I bought Bank of America (NYSE:BAC) stock for my retirement account. I believed interest rates would rise, and that when money cost money, the big bank would prosper. I was still confident in January 2022, but I was wrong. Since the pandemic began abating, as interest rates have risen, BAC stock
When you’re looking for good investment options in the fourth quarter, top tech stocks should be at the top of your list. And the best way to evaluate tech stocks is by using the Portfolio Grader. Tech companies, by nature, are innovative and, therefore, are in the best position to capitalize on emerging trends and
In today’s dynamic financial markets, stocks often search for momentum, sometimes in the most unlikely corners. Surprisingly, the spark for some stocks in need of a boost has been Taylor Swift’s Eras Tour. Instead of solely relying on global events or corporate earnings, financial analysts now have a pop sensation’s tour dates on their radar.
The list of stocks hedge funds are buying is always lengthy but according to Morgan Stanley, hedge funds have been allocating capital to a select group of beaten down stocks on expectations that they will likely rebound in the coming months. Hedge funds are taking advantage of the 3% and 4% decline in European and