When Tesla (NASDAQ:TSLA) founder and CEO Elon Musk announced a date of August 8 for its robotaxi event, the stock managed to nudge higher amid its multi-year downturn. Though shares have since reversed lower again, everybody will tune in when Musk hits the stage this summer. The company’s potential innovations may just be able to
The past couple of years have been an uphill battle for fintech stocks. Despite strong underlying business performance, most names in the space have lagged the broader market’s recovery. However, the tide may soon be turning in favor of these beaten-down disruptors. Monetary policy looks destined to shift in short order. And when it does,
CPI, the Consumer Price Index, is a metric used to gauge the rate of inflation and deflation. It’s released by the Bureau of Labor Statistics (BLS) and reports the monthly fluctuations in consumer goods and services prices. The CPI is a market-moving metric in that when it shows a deflation rate compared to the previous year,
Copper prices now sit at their highest level in about two years, which has catapulted copper stocks to higher highs. All thanks to supply issues. According to Mining.com, “Disruptions at major mines have left smelters paying historically steep prices to get hold of mined ore, and Chinese plants — which produce more than half of the
Amidst the plethora of investment prospects, some stocks stand out as enormous icebergs, ready for rapid expansion. Here are three under $10, which all have the potential to generate 10x returns by 2026. These businesses exist a variety of industries: consumer finance, semiconductors and technology hardware. However, they all have encouraging financial results and well-thought-out
Wise investors are placing some biotech stocks on their watchlists this month, as these companies have surged over 160%. With more predicted upside to these companies than we see today, one could book some serious capital appreciation into a portfolio. The broader biotech industry is brimming with significant potential, making incredible advancements. Innovations span fields
Due to its obvious nature, one of the most commonly repeated pieces of advice regarding stock investment is to buy undervalued stocks when they trade low and sell overvalued stocks when they trade high. Achieving this outcome consistently would be ideal. However, the challenge lies not only in identifying overvalued and undervalued stocks trading at
As the state of Maryland works to recover from the Baltimore bridge disaster, potential long-term financial consequences are becoming present. With each passing day, the gargantuan task of recovering and removing debris from the seafloor slows Baltimore’s local economy. Currently, the major hurdle for the Unified Command handling the situation consists of removing enough containers
On March 19, Chipotle Mexican Grill (NYSE:CMG) announced the first stock split in its history. When it comes to high-priced stocks, they don’t get much higher than Chipotle. It trades a few dollars shy of $3,000, making it one of the most obvious stock-split candidates. The restaurant chain opted for a 50-to-1 split of its
Cannabis real estate investment trusts (REIT) could see higher highs on a few key catalysts. For one, hedge fund manager Dougie Kass of Seabreeze Capital recently said the Food and Drug Administration (FDA) would soon reschedule cannabis to a less restrictive category. Two, there is growing speculation cannabis could be favorably mentioned as we near the presidential
The CHIPS and Science Act of 2022 and the Defense Production Act are two examples of why renewable energy stocks can make a comeback, thanks to increasing regulatory activity as we move into the next U.S. election cycle. The iShares Global Clean Energy ETF (NASDAQ:ICLN) is down around 11% this year, but both the Republican
Fintech firms focus on using technology to enhance financial services, including payments, banking, and financial management. Among some of the more popular services that such companies deliver are cryptocurrencies, “buy now, pay later,” peer-to-peer payments, payments to businesses, and consumer banking. Fintech firms have multiple, strong, positive catalysts, including the rapid, global digitization of financial
Investors who seek 50% returns in less than 12 months generally will have many choices within stable stocks. The general maxim regarding risk and return applies here: Risky, unstable stocks tend to offer much higher return potential. It logically follows that stability and high returns don’t often go together. This has led to this list
As the EV market is seeing significant downside currently, Nio stock (NYSE:NIO) is only one of the companies experiencing big-time downside. The fact is that NIO stock is down nearly 50% tells most investors what they need to know about this stock’s performance thus far. Increasingly tight competition in China combines with other sector-wide headwinds
I’ve just finished writing about Trump Media & Technology Group (NASDAQ:DJT), so forgive me if I’m a little snarky. Nothing puts me in a worse mood than writing about a terrible business. While Reddit (NYSE:RDDT) isn’t a blue-chip stock by any means, it is a real business and substantially more valuable than DJT. Its chances
Back in the last decade, I told anyone who would listen about the great news of Alibaba stock (NASDAQ:BABA). I even bought some shares. Alibaba was one of China’s three “Cloud Emperors.” Its hyperscaled data centers, like those of Tencent (OTCMKTS:TCEHY) and Baidu (NASDAQ:BIDU), were serious threats to Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL,
Google the words Trump Media stock (NASDAQ:DJT), and you get 217 million results. Put them in quotation marks, and the number drops to 72,900, but it’s still significant. Investors, especially those on the right, can’t get enough of Trump Media stock. As far as I’m concerned, this is a business built on sand and nothing
Known for her focus on innovative disruption, Cathie Wood has become one of the biggest names in capital management. With her firm, ARK Invest, Wood has created custom exchange-traded funds focused on aggregating high-potential stocks. Much of her portfolio focuses on technologies like genomics, artificial intelligence, robotics, clean energy and blockchain technology. This makes for
When it comes to Nasdaq stocks with strong buy ratings, mega-cap tech stocks may be what may first come to mind. To some extent, this is a correct assumption. Wall Street’s analyst community has issued “strong buy” or “overweight” ratings on quite a few of the “Magnificent Seven” stocks. That said, these aren’t the only
You might not be very familiar with PDD (NASDAQ:PDD), but this is the holding company that owns China-based e-commerce platform Pinduoduo. However, there’s more to the story. After considering PDD’s other well-known e-commerce venture, you’ll probably want to minimize your exposure to Pinduoduo stock. I’m not saying that you shouldn’t invest in PDD or Pinduoduo