Consumer retail sentiment is back in a big way. While still hovering around 70% of its pre-pandemic levels, the University of Michigan Consumer Sentiment Indicator jumped 20% in the past two months and is 45% higher than its 2022 low. Cooling inflation and a still-robust job market mean consumers are ready to spend. That consumer
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It’s getting harder to find very oversold tech stocks. 2022 was a challenging year for the technology sector. Investors are more positive on tech stocks this year as companies catch up to their valuations and the prospect of slowing rate hikes starts to look more likely. That’s meant there are fewer bargain basement tech stocks
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AI Stocks with big money have transitioned from niche chatters to mainstream investing circles. The results are palpable with organizations harnessing this transformative power to revamp operations and boost productivity. Moreover, the metrics are compelling. The global AI market was valued at a whopping $454.12 billion just last year with all signs pointing to a
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August was not good for the 30 Dow Jones Industrial Average stocks. Dow market leaders performed poorly, with just 12 in positive territory on Aug. 31.  However, even though the index lost 2.6% throughout the past month, it could have been much worse without a recent four-day streak in positive territory. Interestingly, as bad as
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Emulating the moves of hedge fund stock pickers, and some of the most successful hedge funds can produce sizable profits for retail investors. In fact, here are seven of the top institutional stock picks you may want to consider as we near the last few months of 2023. Top Institutional Stock Picks: GSK (GSK) Source:
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While some publicly traded enterprises left no doubt as to their trajectory, a few others are just now benefiting from a late summer stock surge. Better late than never, though. And while these ideas may technically be eleventh-hour stock picks, underlying circumstances make them rather compelling. First, seasonality matters. Initially, stocks climbing during the summer
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Many financial traders would immediately identify Tesla (NASDAQ:TSLA) as their top new-energy vehicle investment. However, I invite you to consider China-based electric vehicle manufacturer Nio (NYSE:NIO). There’s a compelling setup with NIO stock today as Nio is aggressively churning out its popular line of electric SUVs this year. You may have heard that some institutional investors are
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In a previous article, I discussed Tilray’s acquisition of Truss Beverage a company that makes cannabis infused beverages. Cannabis producers like Tilray (NASDAQ:TLRY) often raise investor caution due to their historical volatility. The modest market response to the significant announcement of Tilray’s takeover of the remaining 57.5% stake in Truss Beverage, a Molson Coors Canada
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Homeownership is a fundamental aspiration which remains a lifelong goal for many. Thus, homebuilder stocks offer promising opportunities for investors and home buyers alike. Indeed, amid this year’s market turmoil, homebuilder stocks have stayed strong, despite predicted market troubles. Even still, lagging indicators may now be reflecting reality. The bullwhip effect, triggered by consumer demand
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In the ever-evolving financial realm, fintech stocks with big money continue to grab investors’ attention. The fintech industry has undergone a radical shift, evolving into an epicenter of innovation, with automation and AI at its helm. Additionally, spearheaded by the meteoric rise of digital banking and the e-commerce boom, this trend is hard to ignore.
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In this article CHEF INTU PANW MRVL NVDA PANW MRVL NVDA Follow your favorite stocksCREATE FREE ACCOUNT The logo of Nvidia at its corporate headquarters in Santa Clara, California, May 2022. Nvidia | via Reuters The macro backdrop is looking challenging as September begins, but analysts have highlighted several stocks that they feel confident about
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