One of the keys to successful investing and wealth creation is portfolio diversification. As an example, it’s unlikely that an investor will make millions from the market by just holding blue-chip stocks. There needs to be some high-beta growth stocks in the portfolio. Similarly, exposure to global growth stocks is essential for wealth creation. The
Amazon (NASDAQ:AMZN) stock recently hit new 52-week highs. A variety of factors drive this rally, but the skeptics are warning off new investors and exhorting existing investors to sell into strength. Some leaning more towards optimism when it comes to this stock are arguing for convoluted ways to minimize downside risk. For instance, in a
Can video game retailer GameStop (NYSE:GME) stage a huge comeback, and GME stock shake off its meme-stock reputation? It won’t be easy for GameStop to get Wall Street to take the company seriously. Prospective investors should be careful as an event is coming in December that could prove to be make-or-break for GameStop and its loyal shareholders. Don’t get the
If you’re going to invest in an electric vehicle manufacturer in 2023 and 2024, you need to be selective. EV demand is slowing, and Rivian Automotive (NASDAQ:RIVN) isn’t necessarily the best pick of the bunch. The best grade we can assign to RIVN stock is a “D” and prospective buyers should spend extra time on their due
If you’re like millions of other retail investors, you’ve got whiplash from the past few months. Markets fluctuated as traders assessed economic news, consumer sentiment and stock prices. While that’s brought many undervalued stocks back to where they arguably belong, just as many losers are spiking back into overvalued territory. If you want to capture
As the U.S. Senate rallies to lower broadband costs, it’s a pivotal moment for investors to scrutinize telecom stocks. Amidst this legislative whirlwind, key initiatives have emerged as game-changers. Firstly, Senator Jacky Rosen (D-NV) and 31 colleagues advocate fervently for the Affordable Connectivity Program funding extension. This vital program, a lifeline for countless households, ensures
Recently, Americans have been notably pessimistic. Gallup reported “overwhelmingly high” levels of pessimism in mid-October, a sentiment echoed by the University of Michigan. However, the public’s perceptions do not entirely align with the reality of the financial, economic and monetary landscape. As the final month of 2023 approaches, the year is proving to be robust
We all rely on technology to carry out everyday functions, like communicating, workin, and driving. However, have you ever wondered what powers our technology today? It turns out, all of the power lies within a tiny little device, called a semiconductor. These power the things we rely on daily. As a result, there’s definitely a
Who would have thought that less than a century ago we used whale oil to light our homes. Today, the rise of smart cities is becoming more and more relevant in our daily lives. Technology continues to advance, and with it, more efficient and effective mechanisms have been created to manage our homes and cities.
The High Dividend Yield Vanguard ETF (NYSEARCA:VYM) has surged by more than 6% month-over-month, suggesting that dividend stocks are regaining traction. Intuitively speaking, the resurgence does make sense as a pending interest rate pivot may initiate more confidence among dividend investors. I say this because stocks with high dividend payout ratios usually suffer during high interest rate environments.
After many, if not most, growth stocks tumbled over the last two and a half years, I can certainly understand why investors would want to include many safe stocks in their portfolios. Further, a majority of the Magnificent Seven stocks are quite high at this point, so buying and holding them entails significant amounts of
About wealth creation, the playbook of millionaires is shrouded in secrecy, revealing tantalizing glimpses into their investment strategies. Picture this: behind the closed doors of financial fortresses, a select few are unleashing a different game, navigating millionaire stocks with precision and insight. The article dives into the heart of the first one, discovering a company
While we’re not in a bull market, certain value penny stocks show potential for 5x or 10x returns in the next five years, assuming forecasted business catalysts unfold. If we’re focusing on promising early-stage businesses, the long-term outlook is optimistic. Discussing penny stocks with a 12-month return potential of 100% may seem conservative, considering the
Blue chip stocks are generally a strong investment for any stage of the economic cycle and tend to take advantage of overarching trends. That remains as true today as it was yesterday and will be tomorrow. Today’s economy is marked by a lot of unsteadiness. Prices and inflation continue to be high but appear to be
Cybersecurity has been around for several years and will continue to be one of the fastest growing sectors. In addition to strong demand, these products command high margins. That’s why it’s time for investors to leave room for cybersecurity stocks in their portfolio. Recent growth has been spurred by the emergence of artificial intelligence
Starting out as an investor can be intimidating. As legendary investor Warren Buffett put it, there are two important rules to follow: One, don’t lose money. And two, remember rule number one. Of course, this is easier said than done, especially with hundreds of stocks to choose from. Often times, one can be left with
Rapper Snoop Dogg announced on Nov. 17 that he was giving up smoking cannabis. Cannabis stocks fell on the news. “After much consideration & conversation with my family, I’ve decided to give up smoke. Please respect my privacy at this time,” Newsweek reported Snoop Dogg’s comments from X and Instagram. As anyone who’s followed cannabis
The primary argument for a labor market rebound is that the recession of 2023 hasn’t emerged as planned. In typical fashion, many economists and market analysts are simply kicking the can down the road and calling for a recession sometime in 2024. Like a broken clock, they may be right. Who knows? Right now, the
John Rogers Jr., Ariel Investments Chairman & CIO Adam Jeffery | CNBC It’s time to look at value stocks as growth names will have a difficult 2024, according to Ariel Investments’ John Rogers. “I think the top of growth stocks is coming,” Rogers told CNBC’s Scott Wapner at the CNBC CFO Council Summit in Washington,
Over the past year, consumers have shifted their spending preferences from goods to services. After a two-year slump due to the pandemic, travel has rebounded strongly and is approaching pre-pandemic levels. This shift has benefited top-rated stocks in the travel industry. After solid air travel growth in 2022, consumers have continued to splurge on travel