Let’s be clear: the Nasdaq index has done very well in 2023. The emergence of generative AI has propelled the leading tech firms much higher this year, leading to strong returns. However, valuation concerns remain, and that has affected stocks of late. Since its peak in July, the Nasdaq has fallen by 9% as of writing. That
The Dow Jones Industrial Average (NDEXDJX:DJI) has officially entered a correction, defined as a drop of at least 10%. The relatively sharp decline has largely been caused by the increase of the interest rate on U.S. treasuries by about a percentage point in the last few months. But, as I noted in a previous column,
Conventional financial wisdom states that high-risk investments yield the highest returns. That generally holds with a few caveats, including the low-volatility anomaly. Most of the time, the most significant gains go to those with a stomach for real risk. This has led to the rise of risky stocks to buy. There’s always a bull market
The Nasdaq Composite has been on a strong rally in 2023. Today, the famous tech-heavy index is down 10% from its recent high, but on a year-to-date basis, the index has gained more than 22% year-to-date, outperforming its peers, the S&P 500 and the Dow Jones Industrial Average. This downturn has led to the emergence
This is the holiday shopping season – a make-or-break time of year for many retailers, hoping seasonal shopping habits will mean a strong quarter to finish out 2023. Retail stocks will be under the microscope for the rest of the year. And there’s plenty of reason for enthusiasm. First, look at consumer sentiment. The U.S.
It’s a myth that making money comes easy in stock markets. This is important to note for all new investors. It takes time to screen businesses and build a portfolio that can navigate bad times and deliver big rewards in good times. There is also no doubt that potential millionaire makers in a portfolio are
An indirect but interesting way to invest in the electric vehicle (EV) boom is through shares of high-conviction lithium miners. Thus, you may have heard about multinational specialty chemical and lithium company Albermarle (NYSE:ALB), but we definitely don’t consider it to be high-conviction. Indeed, we’re seeing major issues with ALB stock and can only give it
Robinhood Markets (NASDAQ:HOOD) changed the way many people buy and sell stocks. Its crypto connection could catalyze HOOD stock in 2023’s final quarter, but a crucial day is coming for Robinhood. The company has faced regulatory hurdles this year, and the company’s co-founder and chief creative officer, Baiju Bhatt, sold 90,021 Robinhood shares earlier this month.
Numerous high-quality dividend opportunities are up for grabs at the moment, which may be appealing to some investors given the uncertainty embedded in today’s market environment. Furthermore, many investors might fancy dividend stocks in the current market climate due to the lackluster performance of fixed-income securities. And, typically it is better to hold onto dividend
There is one constant on Wall Street and that is finding the trendy new thing to hop aboard. This year it is artificial intelligence (AI), or replacing human involvement with smart machines, systems and processes. This is inspiring investors to seek out AI stocks to buy. The capabilities of machine learning were revealed with the
The top flying car stocks are in prime position to be scooped up by early investors. The top flying car stocks will likely make people rich, especially since they can be bought at a discount. The market for flying car stocks is expanding rapidly. These companies sell solutions in various industries, such as industrials and
As I type this, equity investors can relate to the statement “nowhere to run, nowhere to hide.” The tech-heavy NASDAQ index is down over 4% in the five days ending Oct. 26. The S&P 500 is down over 3.4%. And even the blue-chip Dow stocks are down 1.89%. Nevertheless, if you’re looking to be a
With interest rates going up, there are more opportunities than ever for generous income. That doesn’t just apply to the fixed income market, either. This is driving more and more investors to high-paying dividend stocks. With the sell-off in defensive blue-chip stocks, there are a number of sleep well at night high-quality companies paying huge
Generally speaking, investors seeking long-term success should follow the guidance of Warren Buffett rather than target cheap stocks to buy under $10. Fundamentally, the Oracle of Omaha knows how to effectively navigate both bull and bear market cycles. Such a track record provides more confidence than swinging for the fences. Still, speculation has its moments.
Over the last few months, the allure of cannabis stocks has gained momentum. Since mid-2023, many top-tier cannabis companies have experienced rejuvenation in pricing and demand. Consequently, savvy investors should spot a golden opportunity with these companies, trading at mere fractions of market highs. Moreover, as U.S. states rally for cannabis legalization and ongoing research
Although the collective pent-up demand for social experiences amid the worst of the Covid-19 crisis led to the revenge travel phenomenon, this catalyst may be dying out. If so, investors may want to consider an important for portfolio protection: stocks to sell before they negative impact your winners. At the start of the month, CNBC
Given the sensitive nature of current and ongoing geopolitical flashpoints, the concept of top defense stocks to buy seems controversial. Indeed, the sector has always attracted criticism as it runs almost perfectly counter to contemporary environmental, social and governance (ESG) considerations. Still, while the underlying business of war may be ugly, it’s a necessity. Listen,
Fintech growth stocks have thrived, offering cost-effective and convenient solutions through digital platforms. SoFi Technologies (NASDAQ:SOFI) stock stands out with its comprehensive financial services, becoming a go-to hub. The company’s market cap surged from $4.1 billion in October 2022 to $7 billion in 2023. That’s mainly because of SoFi’s expansion beyond student loans, becoming a
Bloom Energy (NYSE:BE) excels in the world of hydrogen technology. They produce solid oxide fuel cells that generate electricity from both grey and green sources (hydrogen derived from natural gas and water/electrolysis). Their systems offer reliable, emissions-reducing power, especially vital for institutions needing uninterrupted supply. Also, they operate off-grid for added reliability. Notably, Bloom specializes
SoFi Technologies (NASDAQ:SOFI) stock is a challenging banking proposition. The company took away the buildings and most of the people. It has a national banking license but no branches. The business is defined by the net interest margin it can extract from its target market. Net Interest Margin and Sofi Stock As I wrote last