For long, investors in the cannabis industry have pinned hopes on federal-level legalization. Without a doubt, that’s a big catalyst for growth for the cannabis industry. However, even without legalization at the federal level, the growth outlook is promising. Given the point that the sector has remained depressed, I would accumulate high-potential cannabis stocks at
Investing in companies that make products people buy day-in and day-out is a smart way to weather an economic storm, but there are some consumer staples stocks to sell which are the exception to that rule. A consumer staples stock includes a whole range of companies— from over-the-counter medicines to household products, food and even
The Match.com website is shown on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines before the bell on Wednesday. CVS Health — Shares of the retail pharmacy giant rose 1.8% premarket after the company posted strong earnings and revenue for the second quarter. CVS reported earnings of
The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners. It’s not too late to hop on the trend. There are still cheap tech stocks out there
Ahead of its then-upcoming quarterly earnings release, I discussed how there were high expectations for Meta Platforms (NASDAQ:META) to wow the market with its latest numbers and guidance, resulting in a big jump for META stock. As you likely know, these expectations were more than met. Thanks to a well-received earnings report last week, shares
It’s funny how the financial market can flip so quickly. During the past several years, many investors disliked Intel (NASDAQ:INTC) stock because the company lost market share to its chip-making rivals. Now, suddenly, some folks are ultra-bullish about INTC stock. Yet, there are reasons to maintain a healthy sense of skepticism about Intel. Intel stock doesn’t
QuantumScape (NYSE:QS) stock has once again been a profitable trade for meme speculators, to the chagrin of its skeptics. The market reacted positively to the electric vehicle battery developer’s latest earnings release, sending QS stock nearly 40% higher. As I argued when the ink had to dry on the earnings release, the report itself was
Walking into the latter half of 2023, we’re looking at a very different stock market than a year ago. Despite elevated interest rates and ongoing inflation, the S&P 500 is up for the fifth consecutive month. The index returned a solid 20% since January, and the breathless cries of “imminent recession” are mostly whispers now.
Palantir (NYSE:PLTR) stock is among the names that have seen impressive moves in recent weeks. In fact, shares of PLTR stock surged over 10% because a veteran Wall Street analyst initiated coverage and had some positive remarks. The market’s momentum further boosted gains. While many analysts on Wall Street have been bullish about the stock,
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The bull market in artificial intelligence is just getting started. In fact, with the boom only set to accelerate, we may be looking at a $1.81 trillion opportunity by 2030, says Grand View Research. This can create a big opportunity for this list of AI stocks under $10. AI has reshaped just about everything around
Although not many investors seem to know or care, energy stocks continue to trade incredibly well. Breakout energy stocks continue to push to multi-month highs, churning out gains. You wouldn’t know that with just a glance at the sector, though. After rallying for three straight weeks and climbing 15% off the May low, the Energy
EV charging stocks are currently on sale, with even the biggest names in the space experiencing low prices. The opportunity is massive, given that there is nothing but bright future growth expectations for the industry. That mismatch is creating an opportunity for investors seeking a less common entry into the EV sector than manufacturer stocks.
Although crude oil had a strong run in July and is now trading back above $80 a barrel, the price has been largely trending lower since peaking at $122 per barrel in June 2022 after Russia invaded Ukraine. The decline is starting to show up in energy companies’ earnings. Most oil majors just announced their
Artificial Intelligence is everywhere, shaping our futures. It will indeed change the way businesses operate, and the companies that invest in AI now will have full advantage. AI news has been dominating the media for the past few months and will continue to be 2023’s buzz word. In the same way the Internet changed our
In this article CZR SEDG AMD SPCE SBUX ELF MTCH Follow your favorite stocksCREATE FREE ACCOUNT Elf complexion sponges arranged in Germantown, New York, July 17, 2023. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after hours. SolarEdge Technologies — The solar stock dropped 11% in extended trading. SolarEdge missed
If you’re a big believer in Warren Buffett’s slow-and-steady approach to the capital market, you’re not going to find much value in these stocks to buy tomorrow. Frankly, this list centers almost exclusively on hubris; that is, the audacity to assume how the market will respond on any given day. Even for the speculators interested
Investing in the top growth stock picks will always be thrilling in the financial space. A dynamic contrast paints the stock market canvas in 2023 with growth stocks, traditionally a powerhouse of returns, and encountered steep declines from the prior year. However, growth stocks have traded similar trading patterns to value stocks, with their price-to-earnings
In the bustling world of financial markets, pinpointing the next game-changer isn’t always straightforward. However, if there’s one industry poised to redefine modern entertainment, it’s esports. As digital arenas light up worldwide, top esports stocks are attracting attention. If you’ve been considering dipping your toes into this sector, you’re not alone. In today’s article, we’ll
The biotechnology sector is huge and growing. Grand View Research forecasts that the industry will reach $3.88 trillion by 2030, growing at a compound annual growth rate of 14%. Despite the massive amount of revenue being generated, most biotech companies remain small and medium-sized enterprises. Many of the companies operating in the space are start-ups.