Favorable conditions with lower interest rates are advantageous for growth stocks. These companies often surpass market performance during periods of reduced borrowing costs, showcasing robust revenue and earnings growth. Last year’s unexpected growth stock rebound has investors questioning whether 2024 will follow suit. Regardless of the broader market’s uncertainty, potential opportunities abound. Some 2023 standouts
With generative artificial intelligence (AI) taking the world by storm last year, many investors seem to be leaving other game-changing technological trends behind. In 2024, I expect AI to continue to be a top trend that gets investors excited. However, the so-called metaverse could return to glory as competition in the headset market kicks into
If you are an investor like me, your goal is to generate passive income as soon as you start investing. While it is possible to enjoy capital appreciation on your investment, you must consider the different ways you can make money while you remain invested. Picking dividend stocks is one way of taking home steady income but
With a new investing year upon us, investors are on the hunt for the best bargain stocks to buy. Last year was certainly a great year for investing, making it even more pronounced to be extremely selective in 2024. There exists a class of companies that have been largely overlooked with the increased focus and
The aerospace and defense stocks sector was a huge laggard in 2023, but investors might see an uptick in momentum this year. Geopolitical tensions across the globe, including the most recent Israel-Hamas War, highlight the importance of increased portfolio protection. Investors can never be sure what will happen next, and planning ahead might be the
As we begin 2024, it is hard to know if the past year was the beginning of a revival for Hollywood stocks or the beginning of the end. There was good news and bad news in the movie business in 2023. The good news: there was $9 billion in ticket sales, 21% higher than in
Technology continues to advance and offer businesses and consumers more possibilities. Cloud computing is one major development that has seen tremendous growth over the years. Many shareholders who initiated positions in cloud computing companies early on have seen their investments significantly outperform the S&P 500. Cloud computing started to become mainstream in 2006 and continues to expand each
Even though it still sounds like science fiction, artificial intelligence (AI) has arrived for full integration into the technology industry. Unlike the tangible products most investors associate with tech companies, AI software relies less on physical presentation and more on functionality. This makes it tricky to figure out who offers the best product. However, with
The stock market becomes a labyrinth in the quest for wealth ascendancy, concealing treasures within strategic investments and market acumen. Within this labyrinth lie seven stocks—not mere tickers but gateways to potential millionaire status. Each embodies a chapter in the modern saga of wealth creation—a saga intricately woven with the first one’s staggering returns, the
The S&P 500 is within striking distance of entering official bull market territory. To qualify, the index would need to rise more than 20% from its previous low and hit a new all-time high. The popular benchmark crossed the first threshold and needs to close above 4,796.56 to achieve the second. It’s within about 75
Investing in smart cities stocks offers opportunities for investors to take advantage of the growing global trend towards sustainable urbanization. As smart cities are designed to improve their inhabitants quality of life through the use of technology, there are many tech and tech-adjacent companies set to gain from the expansion of this new modern way
The stock market remains volatile to start the New Year. Investors and analysts continue to look for clues as to whether the downturn seen during the first trading week of the year is a sign of bigger problems to come or if the bull market seen in the final months of 2023 will continue. In
Despite a downturn to begin 2024, certain stocks continue to stand out. While they might be divided on the overall direction of the market, analysts remain bullish on many individual stocks. They share common attributes. That includes solid earnings, strong competitive advantages, and catalysts that are expected to drive their share prices higher. Investors looking
Going into 2024, the stock market has seen a year-end rally resulting from the expected easing of interest rate hikes projected for 2024, reduced inflation, and other positive economic results. In 2024, investors must choose companies expected to grow in 2024 as they did in 2023. For an investment portfolio, it’s best to have a
The future of the US economy holds the potential for significant transformation, driven by technological advancements, innovation and evolving global dynamics. Investments in sectors like semiconductors are likely to play pivotal roles, fostering economic growth and job creation. The industry’s market value is predicted to increase to $1 trillion by 2030. We recommend jumping on
There’s no denying that Nio (NYSE:NIO) ended 2023 on a high note. The China-based EV maker’s “Nio Day” in December boosted NIO stock. Another development also helped to bolster sentiment for this popular play among those bullish on the vehicle electrification trend. However, as seen in more recent trading days, said rebound in sentiment is
Palantir Technologies (NYSE:PLTR) has deals with both private businesses and government entities. The company is a redoubtable force in cyber-defense but also enhanced its products/services with artificial intelligence technology. As we look into the new year for long-term picks, Palantir Technologies is a high-conviction tech company and PLTR stock earns a confident “B” grade. This doesn’t
With the “risk on” mentality of late 2023 fading fast thus far in 2024, it may be a good time to decide what are the meme stocks to sell. Mostly, because even if the macroeconomic picture improves this year, many of the most popular meme plays lack the fundamentals necessary to sustain their current stock
Skyworks Solutions (NASDAQ:SWKS), stock has long been seen as a cheap proxy for Apple (NASDAQ:AAPL), its largest customer. When sales are growing fast, analysts love to talk about Skyworks (which makes radio chips) getting away from that dependence. When growth is slow it hugs that dependence tight. For SWKS stock, 2023 was a tough year.
The transportation sector is poised to have multiple, positive catalysts in 2024. Although the economy is slowing, the economic expansion will probably continue. Interest rates are poised to drop this year, which could simulate large purchases, such vehicles. Also importantly, travel trends remain quite strong. AND, many companies in the transportation sector will receive a