No risk, no reward, as the saying goes. While markets generally move in fits and starts, there are some stocks that prove to be multibaggers. These are stocks that are doubling investors’ money many times over and creating millionaires in the process. Often times, these stocks are risky bets and prone to volatility. But for
Investors should keep an eye out for lithium stocks to buy, as they could be poised to rise in the near term. Lithium is used to make batteries for electric vehicles and consumer electronics. The public companies that mine the rare earth mineral have hit major lows over the past 12 months. Oversupply in the
Recent first-quarter earnings reports have underlined the level of uncertainty surrounding tech stocks at a time when confounding Consumer Price Index (CPI) inflation figures have had an adverse impact on Wall Street. The news of March inflation data being hotter than expected at 3.5% caused widespread concern across U.S. markets. And the prospect of multiple
You’ll get no argument from me that GameStop (NYSE:GME) is one of the best meme stocks to sell. However, the video game retailer has been around a long time, suggesting it’s not the worst of the meme stocks to sell. So who is? QuiverQuant.com provides data on the top meme stocks in U.S. stock exchanges.
Baidu (NASDAQ:BIDU) is more than just a search-engine provider. Indeed, with Baidu stock, you’ll get to participate in China’s counterpart to OpenAI’s artificial intelligence chatbot, ChatGPT. Microsoft (NASDAQ:MSFT) made a brilliant move when it invested in OpenAI’s ChatGPT technology. In 2024, there are other popular generative AI chatbots besides ChatGPT. I encourage you to invest in
America’s most prominent movie theater chain reported preliminary Q1 2024 results on April 26 after the markets closed. AMC Entertainment (NYSE:AMC) stock is down about 10% in the days since. B. Riley analyst Eric Wold was impressed with the first-quarter results. His company has a Neutral rating on AMC stock with a highly generous target
Advanced Micro Devices (NASDAQ:AMD) hasn’t bounced back from its this year’s tech sell-off. Instead, rather than experience a big surge higher, Advanced Micro Devices stock took yet another big tumble, after its April 30 earnings release. From here, shares in the chip designer may continue to trend lower. That’s bad news for those looking at
A stock market crash can be great for dividend stocks, but not for this list of dividend stocks to avoid. If one believes that the correction in the broader indices such as the S&P 500 is only temporary, then the dividend yield paid by these companies increases, which increases one’s long-term income potential. One can
Sometimes great companies fail to respond effectively to huge, new threats because they’re stuck in a rut and become stocks to sell. The classic example of this phenomenon is Blockbuster’s failure to acquire Netflix (NASDAQ:NFLX) when it had a golden opportunity to easily do so. For the readers who are too young to remember Blockbuster
I was wrong about SoFi Technologies (NASDAQ:SOFI) stock. After three years of waiting for a return on my investment, I sold my shares recently, at a loss. The stock currently sells at about $7/share. If you got in a year ago, when it traded near $5, you’re in great shape. But I’d still recommend you
Struggling video game retailer GameStop (NYSE:GME) stock has seen a very protracted decline from the height of meme stock mania roughly three years ago. I know, it seems like it was just yesterday. Recent speculation has boosted GME stock by 17% recently. Much of this rise has to do with some very dovish commentary (relative
There’s a lot of evidence suggesting that spinoff stocks are generally a good idea to watch. Following a split from their parent company, many such firms do well thanks to their efficiency and newly-found flexibility. They also tend to be undervalued at first which presents an attractive entry point for value investors. That’s why many
For those willing to take risks like Cathie Wood, Palantir Technologies (NYSE:PLTR) stock is worth considering. Wood’s growth stock investing strategy is highly regarded. Wood’s portfolio includes growth stocks with impressive returns in bull markets. PLTR stock has moved beyond its meme status with consistent profitability and sales momentum. The decline can’t be attributed to
Plug Power (NASDAQ:PLUG) stock, once a frontrunner in the hydrogen fuel cell industry, has experienced a significant decline in its share price in recent years. The company has declined in value by 47% YTD, while also declining by more than 90% in the last 3 years. Despite investor enthusiasm, the company faces headwinds that may
It’s been three weeks since Reddit (NYSE:RDDT) priced its shares at $34 for its initial public offering. Reddit stock gained 48.4% in its first-day return. By Mar. 26, it traded as high as $74.90, more than double its IPO price. One reason RDDT stock did so well early in its run as a public company
After six months of calm, market volatility is increasing. Concerns about inflation, the upcoming election and seasonal weakness pose a headwind for stocks. To prepare for a surge in volatility, it’s advisable to trim your growth stock winners and add some crash-resistant stocks. Savvy investors have many reasons to seek defensive exposure. Due to persistent
As the stock market navigates a temporary dip, savvy investors are looking for cloud computing stocks to buy. Wall Street recently concluded a challenging month with significant declines across major indexes. The S&P 500 fell as much as 5.5% in April and ended the month down 1.6%, marking its first losing month in six. These losses
Editor’s Note: This article was previously published under the title, “How to Profit From Elon Musk’s $18 Billion AI Project” but has been updated to include the most recent information. The global AI Race has begun, and it’s off to a red-hot start. Companies like Microsoft (MSFT), Amazon (AMZN) and Apple (AAPL) – among countless
In the current stock market, companies poised for a notable turnaround frequently present prospects for profitable investments. This is a fascinating story of three undervalued comeback stocks offering unique investment potential. Like high-yield assets, these businesses show encouraging signals of growth and recovery despite confronting their unique set of obstacles. To start, the first one is poised for greater
Trump Media and Technology Group’s (NASDAQ:DJT) share price has more than doubled since mid-April. Trading in Trump Media stock has become so crazy that CEO Devin Nunes has asked House Republicans to investigate short-selling by eight financial firms. “I believe quick action is necessary to protect retail shareholders, identify wrongdoers, and determine whether any laws