Amazon (NASDAQ:AMZN) stock is having a pretty good run. Its North American e-commerce business grew rapidly last quarter. Meanwhile, the operating income of both its North American e-commerce unit and its cloud business reached multi-year highs. Driven by multiple, strong, positive catalysts, Amazon looks well positioned to expand in the coming quarters and years. In
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As economic uncertainty rises, blue-chip stocks to buy can provide stability for the prudent investor. Typically, these are resilient and established businesses with a track record of steady performance. In addition, in prior downturns, they have preserved capital relative to the market. In today’s financial markets, you must bolster your portfolio with blue-chip stocks. Rising
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Every investor is a phenomenal stock picker with hindsight. If investors could go back five years and buy stocks with today’s hindsight, they would pick companies like Tesla (NASDAQ:TSLA) and Nvidia (NASDAQ:NVDA). Those two stocks grabbed many headlines and generated substantial returns for shareholders. Some investors like to allocate a portion of their portfolios toward stocks they believe can
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The cryptocurrency market witnessed 37% year-to-date growth in 2023. However, the bullish market can mask the weakness of some assets. Investors should consider shedding unwanted cryptocurrencies as we approach 2024. Better yet, they should take note of which cryptos to avoid in the coming year. All the cryptocurrencies mentioned in this article, in my view,
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The recent decision by the Federal Reserve to maintain steady interest rates highlights a complex situation that policymakers are grappling with. Despite the robust performance of the U.S. economy, there is uncertainty at the central bank regarding the tightness of financial conditions necessary to rein in inflation, which still exceeds its 2% target. Fed Chair
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SoFi Technologies (NASDAQ:SOFI) stock has strong comeback potential, but be careful. Required federal student loan repayments resumed in October, and that’s certainly good news for SoFi Technologies. However, you’ll definitely want to conduct your due diligence on SoFi’s financials before making any investment decisions. October certainly was a good month for SoFi Technologies. For instance, SoFi
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Real estate investment trusts (REITs) are among the core options for income-based investing. I would go as far as arguing that REITs don’t even have to be located in tax-efficient accounts, as their dividend yields are so substantial that taxes don’t erode their compounding potential. Moreover, some REITs are positioned for solid capital gains after
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Writing about stocks to buy related to artificial intelligence (AI) falls into two categories. The first includes companies whose products help you utilize AI. These are software companies, etc. The second is AI-driven businesses. These are companies that employ the first group’s products to grow. They often have little to do with technology but use
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