Meme stocks became a cultural sensation when Gamestop (NYSE:GME) went parabolic in 2021. The move shocked many investors and put short sellers in a challenging spot. However, it also hurt many retail investors. This has led us to reveal the worst meme stocks. After witnessing GameStop’s success, many investors flocked over to other meme stocks.
Building a seven-figure portfolio takes time, patience, and requires choosing the right stocks for investment. Identifying companies with massive long-term growth potential can set you on the path to amassing $1 million or more over a decade. Of course, an investor’s actual gains depend on portfolio size and investment horizon. However, by focusing on stocks
Automation is a trend that’s been ongoing for decades. As companies seek greater productivity, automating undesirable tasks will continue to happen, and AI and machine learning will help us get there. Recently, machine learning mainly involved predictive models classifying data for forecasts, with limited corporate spending. The Nasdaq surged 31% in 2023 due to generative
Navigating the vast ocean of investment opportunities, the quest for the best AI stocks is virtually on every astute investor’s radar. As we ride this technological tsunami, it’s clear that the AI renaissance has propelled a few companies to the stratosphere while others are revving up on the tarmac. Though teeming with innovations, the bustling
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Check out the companies making headlines before the bell: Fabrinet — Fabrinet surged 21% after its fiscal fourth-quarter results late Monday topped analysts’ estimates. The advanced manufacturing services company posted non-GAAP earnings of
While it is true that penny stocks can present good opportunities for exponential gains, this is not the case with these three. Maybe at some point they gave good results, but as economists know, there is the law of diminishing marginal returns, there comes a point in the trajectory of a penny stock where it
The Nvidia (NASDAQ:NVDA), its stock price surged over threefold in 2023, driven by high demand for AI chips. However, Asian chip makers, responsible for Nvidia’s chips, are seeing their lowest earnings in years. Investors optimistic about Nvidia’s ongoing impressive performance should take heed of the challenges the global advanced chip industry is currently facing. Nvidia’s
Investors looking to get back ahead should consider these unmatched stocks to buy while they’re inexpensive. The summer of 2023 is a period of unexpected expansion. Unemployment is at its lowest point in nearly 50 years, inflation is decreasing, and wages are outpacing price increases from the Federal Reserve. Consumers and businesses continue to spend
The past few weeks have brought forth a mix of favorable and disheartening news for flying car stocks. While certain companies have secured their initial official certificates from the Federal Aviation Administration to begin flight testing, others have temporarily suspended their testing because of battery-related concerns. As competition in the field continues to heat up,
Verizon (NYSE:VZ) stock certainly hasn’t been a winner for folks who bought and held it over the past couple of years. Yet, hope springs eternal among income-focused financial traders. Verizon might pay what looks like a decent dividend, but by itself, this shouldn’t persuade cautious investors to take a share position now. We’ve already warned
Investors seeking potential opportunities often gravitate toward high-growth areas of the market. Of late, AI stocks, or companies that are involved in developing the front-end artificial intelligence solutions, or service the back-end technical aspects of this sector, have taken off. Many of the names on this list will certainly be familiar to most investors looking
Kevin Matras goes over the Filtered Zacks Rank 5 strategy. Learn how it can help you pick the best of the Zacks #1 Rank stocks. Highlighted stocks include AFAM, DKL and DTSI.
High-yield dividend stocks can provide investors with an extra cushion in difficult markets. After all, you continue to get paid even if share prices fall. Of course, the higher the yield the greater the risk overall. Many companies that pay above 5% are considered high-yield/high-risk. However, if you simply look for firms that have long histories of
When it comes to investing in dividend stocks, some investors focus mainly on yield. This can sometimes lead to investing too heavily in stocks that, while offering a high yield, could end up becoming dividend traps, whether from cutting/suspending their dividends, and/or from shares declining in value, outweighing the large payouts. Other investors focus on dividend
While it’s always nice to read a range of opinions about the market, targeting top Wall Street upgrades this week may be a more sensible choice. Fundamentally, the major indices have printed red ink as economic jitters again rose to the forefront. This time around, investors appear skeptical about the Federal Reserve’s efforts to spark
To be 100% clear, while I’m not the biggest fan of financial firms at the moment, I will concede this much about the so-called best bank stocks: if you must bet on the sector, do so with the biggest and most stable enterprises. Specifically, consider firms that pass bank stress tests. For example, in late
Made famous from the film “The Big Short,” the reclusive investor undergirding Michael Burry stocks is a difficult nut to crack. For some folks – including those high up on Wall Street – Burry is a one-trick pony. For others, he’s the renegade contrarian you can trust. One thing’s for sure: there’s never a boring
Solar power is one of the most promising sources of clean and renewable energy for the future. It harnesses the abundant and free energy from the sun and converts it into electricity that can power homes, businesses and even vehicles. Solar power has many advantages over fossil fuels, such as reducing greenhouse gas emissions, enhancing
Finding quality long-term tech stocks is a proven way for investors to grow their portfolios over time. However, it’s not easy being a buy-and-hold investor these days. After a market that was overwhelmingly bullish for 15 years, some long-term investors are experiencing true market volatility for the first time. Sure, there was that time
Biotech stocks may offer some of the most explosive opportunities on the market. For one, we have millions of baby boomers demanding better care. Two, there’s substantial demand for new innovative therapies, especially with gene editing. Three, multiple heavyweight companies are hunting for new drugs to keep their pipelines fresh with patent expirations nearing. Even