After an exciting 2022, the energy sector is now retreating. The price of crude oil has been trading in a range of $75 to $65 since the spring, well below its 2022 peak when a barrel sold in excess of $120. The record production and profits enjoyed by oil and natural gas companies around the
The electric vehicle market is accelerating (pun intended). According to S&P Global, by 2030 one in four new passenger cars sold worldwide will be an EV. In fact, top automakers are expected to account for more than 70% of global EV production by 2030. According to U.S. investment bank Goldman Sachs (NYSE:GS), half of all
Goldman Sachs recently asserted “that AI adoption could boost productivity growth by 1.5 percentage points per year over a 10-year period.” The venerable firm’s estimate shows how tremendously valuable the technology can be to many companies. These three AI stocks are the best way to play the technology now because they are growing rapidly, their stock prices are a very long
Michael Nagle | Bloomberg | Getty Images The rapid rise of a few already massive tech stocks this year is causing Nasdaq to make unusual adjustments to its popular growth index. The company announced on July 7 that it will do a special rebalance of the Nasdaq 100 Index, which will take effect before the
Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Shutterstock — Shares of the stock image, video and music provider jumped 10% after Shutterstock announced a six-year, expanded partnership with OpenAI, the maker of ChatGPT. Newell Brands — Shares of the consumer goods company jumped more than 10%
Investors are actively seeking AI stocks as businesses increasingly utilize artificial intelligence for improved customer experiences and revenue growth. While many AI-related stocks have seen significant gains, a few companies continue to offer promising investment opportunities. Here are three top AI stocks to consider for July, allowing investors to position themselves for the AI boom.
When it comes to EV stocks, most people immediately think of well-known names like Tesla (NASDAQ:TSLA) and Nio (NYSE:NIO). However, the opportunity for significant returns may lie in identifying undervalued sleeper stocks that haven’t yet gained high demand. EVs have become a mainstream industry, and investing in emerging EV stocks can offer strong returns. That
Many large investors tend to sell stocks that are near or above their 52-week highs in order to lock in the profits they’ve generated. Moreover, stocks that reach the plateau could indeed be overvalued, given the large gains, in most cases, that they’ve generated in the preceding weeks. As a result, it’s a good idea for investors
The tailwinds behind energy stocks are greater than the purported headwinds because the demand for oil and gas is so large. The global under-investment in fossil fuel production over the past 10-plus years has put the industry in a unique position. Although the economics for more oil and gas exploration didn’t always make sense, it’s
In this article WDFC AMZN USB JPM Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways Airbus A320-200 aircraft as seen on final approach landing at New York John F. Kennedy International Airport in USA. Nicola Economou | NurPhoto | Getty Images Check out the companies making the biggest moves in premarket trading: JetBlue Airways —
It’s a shame that so many financial traders have never even considered China-based electric vehicle manufacturer Li Auto (NASDAQ:LI) stock. That’s fine, though, as LI stock could be a secret weapon in your portfolio. After all, you’re bound to be impressed with Li Auto’s delivery figures. Previously, I recommended trying a $1,000 share position in Li
Despite some positive recent momentum, investors should remain cautious with GameStop (NYSE:GME) stock. This meme stock is one that continues to trade divorced from fundamentals. However significant challenges remain for the bricks-and-mortar retailer, with little help coming from key insiders that have been relied upon for previous rallies. It’s my view that traders should approach
After a swift rally in SoFi Technologies (NASDAQ:SOFI) stock, a pullback ensued but caution is still advised. Recent developments pertaining to student loan repayments, and the benefits that SoFi Technologies will gain, were already anticipated and factored into the SoFi Technologies share price. So, don’t be surprised if the shares decline to $6 in the coming
As the ghost of inflation continues to haunt the U.S. economy, investors have the daunting task of navigating the choppy financial markets. Amid the uncertainty, high-risk stocks in inflation are under the scanner for most investors. Even as reports suggest an easing in consumer price increases, the stubbornness of inflation persists, raising concerns over the
Investors can achieve solid returns by focusing on long-term investing in growth stocks with strong fundamentals. These potential millionaire-maker stocks have demonstrated top-and-bottom-line growth, operate in promising industries, and have a track record of rewarding long-term investors in recent decades. Before we delve into the specifics of these three growth stocks, it’s important to understand
Just because a stock isn’t near its all-time high, doesn’t mean there’s a good buying opportunity. Qualcomm (NASDAQ:QCOM) stock is a textbook example of this. Before you think about taking a share position in Qualcomm, make a thorough analysis of the relevant facts and metrics. Ultimately, you’ll probably decide to stay on the sidelines. Qualcomm has
The artificial intelligence mega-trend has been the key factor behind the tremendous rise in price of Nvidia (NASDAQ:NVDA) stock in 2023. However, don’t assume that AI catalysts have been fully factored into the NVDA stock price. It’s important to note that, while “AI mania” is what has propelled shares to a trillion dollar valuation, this
Investing is an activity that demands prudence and careful consideration. Despite the appealing allure of high returns, not all stocks that seem attractive at face value are indeed truly valuable or even sustainable in the long run. In particular, certain risky stocks may appear enticing due to their rapid growth or hype in the market,
Meta Platforms (NASDAQ:META) stock is up 144% so far in 2023, and likely to head higher. The gains in META stock are mostly based on speculation. Revenue for the first quarter was up only 3% from a year ago. Net income was down 24%. Analysts expect earnings to be down 15% for the year. The
Micro-cap stocks, by definition, are stocks of companies that trade at a valuation range of $50 to $300 million. It goes without saying that investing in micro-cap stocks is a high-risk game. I would however not hesitate is allocating a small portfolio of my portfolio toward these stocks. If the business grows, multi-bagger returns are