With its share price down 92% since its 2018 market debut, and now trading as a penny stock, there doesn’t appear to be much hope left for cannabis producer Tilray Brands (NASDAQ:TLRY) stock. Tilray is the largest cannabis producer in neighboring Canada and hopes ran high for the stock (pun intended). In October 2018, when
Dividend reinvesting allows you to receive higher distributions in subsequent quarters and increase your compounding returns. Many investors continue to reinvest their dividend payments until they are ready to live off their dividends and wish to retire. While you can choose from many dividend-paying stocks, some of them are better than others. Finding stocks that
GameStop’s (NYSE:GME) popularity has waned, evident in its low average daily trading volume of 6.17 million, just 8.3% of the SPDR S&P 500 ETF Trust. With fundamentals askew and community-driven investing dwindling, GME stock faces challenges. Recent earnings reports depict a bleak picture, with a 14.1% year-over-year decline in the company’s collectibles segment and declines
Last year was better for SoFi Technologies (NASDAQ:SOFI) stock than it should have been. Although the high-interest rate environment created by the Federal Reserve and the resumption of student loan payments caused revenue to triple last year, SoFi’s position remains precarious. The fintech’s stock surged 85% in 2023 due to record revenue and member growth.
The three best-performing sectors last year were communication services, information technology and consumer discretionary. Although the growth of artificial intelligence (AI) stocks grabbed all the headlines and many companies came near 52-week highs because of their relation to the technology, a business didn’t need to be plugged into AI to win. There are plenty of
Microsoft (NASDAQ:MSFT) has emerged as a top tech stock to buy in 2024. The company continues to capitalize on two major trends – Azure serves as a premier AI infrastructure platform, while the company pioneers AI integration across tools like Copilot and applications such as Nuance Dax in healthcare. This will have important implications for MSFT
The global robotics industry will continue to pick up steam, making it a great time to consider the best robotics stocks to buy. As we step into 2024, the potential for growth in the robotics industry remains substantial. Investors who are keen on capitalizing on this trend will focus their efforts on companies with market
Barring a little turbulence in March (re: bank stock scare), the U.S. stock market has smoothly sailed through 2023. Now that 2024 is around the corner, many investors are eyeing companies with high growth potential, which brings us to airline stocks. The airline business has always moved in sync with the broader economic cycle. When
The U.S. economy is navigating a delicate balance between achieving a significant cooldown of inflation and avoiding a recession. Policymakers have managed to guide the economy toward a “soft landing,” but challenges persist as they strive to further reduce inflation without triggering a downturn. While a positive outlook prevails among economists, potential pitfalls include the
There finally seems to be light at the end of the tunnel for the cannabis industry. It’s difficult to talk about the regulatory perspective. However, if we look at cannabis companies, there are stories that seem to be moving in the right direction. I am talking about growth as well as margin improvement. In my
While Warren Buffett’s piece of wisdom – to paraphrase, don’t bet against America – has proven sound, investors looking ahead may want to consider emerging markets stocks. As the phrase implies, we’re talking about economies still in their growth phase. That contrasts with the U.S., which stands in more of a maturity cycle. Fundamentally, emerging
Megatrends will continue to develop, creating incredible opportunities. Here are seven of the top megatrend stocks that are capitalizing on one or more powerful trends you shouldn’t avoid. I’ll be talking about fintech, e-commerce, emerging economies, the rise of India, and the true beginning of the metaverse. That’s not an exhaustive list of current megatrend
One of the main themes of 2023 may be relief – that is, relief that we avoided a downcycle – and so it begs the question: why talk about 2024 recession worries? More to the point, why deal with recession stocks? If everything appears to be moving according to plan, targeting investments that may best
With Nvidia (NASDAQ:NVDA) skyrocketing to blistering heights in 2023, the question on everyone’s mind now is as follows: what will be the hottest tech stocks in 2024? At the start of the new year, it’s worth carefully examining this inquiry. After all, we have favorable circumstances moving in the bulls’ direction. As a broader point,
Global stocks are an excellent way to get exposure to emerging growth markets like India. Another advantage is their diversification across geographic regions, which promotes revenue stability. Since they operate in many areas across the globe, they can weather economic or demand headwinds in one region. Typically, the best global stocks are large-cap companies with
After a couple of years of pandemic-fueled growth, 2023 was a year that many video game manufacturers would like to forget. Layoffs in the industry were a common occurrence as consumer demand leveled off despite the launch of new games. But not every company did poorly, and those companies are likely to be among the
The meme stock mania of 2021 turned out to be a rollercoaster ride for investors. During that heady period, it felt as though every potential meme stock was destined to soar, propelled by an unprecedented wave of speculative frenzy. This led to short-squeeze rallies, which effectively transformed stocks into multibaggers almost overnight. Fast forward to
Electric vehicle battery stock QuantumScape (NYSE:QS) soared more than 40% Thursday after one of the company’s big investors — German auto giant Volkswagen (OTCMKTS:VWAGY) — announced that QuantumScape’s solid-state lithium-metal battery passed a key endurance test. PowerCo, the battery subsidiary of VW, noted that the QuantumScape battery “achieved more than 1,000 charging cycles with still
Short squeezes, particularly impactful in short-squeeze stocks, take place when a significant number of traders, who have shorted a particular asset, are compelled to close their positions. This way, shares of these companies surge higher due to repricing. For those retail traders who want to identify potential stocks for a short-squeeze rally, a closer look
The top social media stocks of 2023 saw much relief, with many clocking in high double-digit percentage gains. And now, social media firms are moving from saving money to AI investing. The strategy is to gain an edge over rivals in winning user engagement. Social media stocks will continue their course as the financial benefits