Tech stocks have had a great start to 2023 after the sell-off in 2022. With the growing demand and success of cloud computing, augmented reality and artificial intelligence, tech companies are ready for a solid comeback. The Nasdaq Composite Index was down 33% in 2022 and several stocks took a beating. Many companies suffered more
Intelligent retail investors embrace long-term investing as a powerful strategy to grow their wealth. Rather than attempting to time the market, they prioritize “time in the market” and make informed investment choices based on their own preferences, not relying on rumors or speculation. Benjamin Graham, the renowned value investing pioneer, emphasized the importance of this
In this video, you’ll see one specific situation when it comes to getting into a trade. I’ll show you what to do when it seems that you’re stuck at a certain point. You’ll learn what it’s needed to be done in a certain situation and what plan you have to develop before getting in a
Penny stocks are generally associated with short term speculative investments. It’s a myth that penny stocks are purely speculative, when, in fact, there are potential multi-baggers out there. Granted, penny stocks do carry a significantly higher risk. It’s why careful screening is essential, which we’ve done here today. This column focuses on some of the top potential multi-bagger
All the talk seems to be about AI stocks and not the best cloud computing stocks. Despite the trendiness of the former group, the latter remains quite attractive. Growth rates have been strong and many firms are profitable. Instead of focusing solely on artificial intelligence, investors should be looking for cloud computing stocks to buy
As the stock market continues its perpetual dance, marked by unpredictable highs and lows, wagering on the top hyper-growth stocks could be an interesting contrarian move. Hyper-growth stocks have separated themselves from the pack with their robust top-line growth and an incredibly optimistic outlook among discerning investors. Emerging from the gloomy shadow of the 2022
“Finding the next Google” is a catchphrase among investors who seek to invest in one of the next trillion-dollar companies before they become as influential. However, navigating the stock market and finding such candidates is like finding a needle in a haystack. Even that might be an understatement considering the harsh environment we are in
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While nothing moves the world quite like digital innovation, at a certain point, even the most bulletproof enterprises require a cooling-off period, thus segueing to the topic of overvalued tech stocks to sell. To be 100% clear, this narrative does not center on shorting these market ideas. Rather, it’s about considering taking some profits off
Last night, chipmaking giant Nvidia (NVDA) fired a warning shot to every single investor on the planet. The message? We have officially and irreversibly entered the Age of AI. Some investors will make fortunes over the next few years during this new technological paradigm shift. Others will lose them. And the time to prepare for
While the concept of heavily bidding up blue-chip stocks for a healthy portfolio isn’t exactly the most exciting proposition, under the present circumstances, it could be the most sensible. Fundamentally, with Democrats and Republicans at loggerheads over the debt ceiling crisis, anything can happen. At the moment, Reuters reports that the two sides have made
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. So far, electric vehicle makers do not seem to be affected. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Check out the companies
It’s no secret that Nvidia (NASDAQ:NVDA) has been a major winner in the tech sector this year. This raises an important question, though: Can NVDA stock maintain its momentum in 2023? I’ll answer that question with an enthusiastic yes, as Nvidia is making significant strides as a supplier of essential hardware for modern supercomputers. People already
Editor’s note: “Industry Catalyst Gives Desktop Metal Enormous Potential” was previously published in November 2022. It has since been updated to include the most relevant information available. When it comes to 3D printing leader Desktop Metal (DM), it’s all about the Fourth Industrial Revolution. That is, the company has been at the epicenter of a
Apparently, a highly respected investor has lost faith in video game retailer GameStop (NYSE:GME). Or at least, his firm divested its position in GME stock. Whether you also intend to give up on GameStop is entirely up to you. However, even though GameStop isn’t perfect, the company is demonstrating improvement, and investors don’t have to just
The soft inflation report was a sigh of relief for many sectors, especially the energy industry. With high-interest rates, economic slowdown, and weakness across multiple sectors, oil prices have taken a hit. They have seen massive volatility over the past few months. With the onset of summer, I believe oil prices could be ready for
In this article CCL AEO SNOW BBY NVDA Follow your favorite stocksCREATE FREE ACCOUNT The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making the biggest moves in premarket trading Thursday: Nvidia — Shares soared 28% after the
Among the most prominent EV companies in China, Nio (NYSE:NIO) stock is the leading Chinese EV play. Nio designs manufactures and sells smart electric vehicles in China. The company also provides sales services. China has achieved a significant milestone as the first major market with EVs capturing a 25% market share. In contrast, Norway, with
When the overall market conditions are bullish, the movement in penny stocks is like the cryptocurrency world. Individual stocks can deliver multibagger returns in weeks. This price action was clear during the meme stock frenzy during 2021. Currently, some of the top penny stocks are depressed. However, market movements are cyclical. It’s the best time
For more than two months, shares in electric vehicle maker Rivian Automotive (NASDAQ:RIVN) have languished at prices in the low-to-mid teens per share. That’s a far cry from the more than $30 per share RIVN stock traded for as recently as December. This former hot stock’s high-water mark was $172 per share, hit not too long