It’s been a mixed year for the broad market, but that has not been the case with Nvidia (NASDAQ:NVDA) stock. Thanks to excitement about growing adoption of generative artificial intelligence, investors have bid it up more than 80%, since the first trading day of 2023. The chip maker benefits directly from this trend, as it
Growth stocks to buy are again gaining interest following the Federal Reserve’s recent increase of the target federal funds rate by 0.25 percentage points. While the central bank didn’t explicitly state that it anticipated further rate hikes, its year-end federal funds rate projections held steady at 5.1%. After the release, Jerome Powell, the Chairman of the
After plunging during February, shares in Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) rallied during March. Trading for just under $91 per share at the start of the month, as of this writing, GOOG stock changes hands at around $103 per share. The stock is near price levels last seen just prior to the tech giant’s poorly
Finding the best growth stocks to buy can be a challenge. The equity markets are down, and the S&P 500 index is lower by 13% over a 12-month period. The market has been weak and dozens of stocks have plunged by over 50%. The markets have never failed to recover in the decades of financial
Investors may want to keep an eye on biotech growth stocks, which are typically associated with the risk-on trade. Case in point: The sector ran up in January, but when the broader-market rally fizzled, it sold off hard as investors sought safer havens. Yet, with renewed optimism in the market as banking sector fears ease,
Thanks to the proliferation of cloud computing stocks and their underlying technologies, it’s easy to take the segment for granted. However, these enterprises undergird the digital transformation – that is, the integration of computer tech across all facets of society. We’re not quite there yet. However, with advancements in various digitalization solutions – including artificial
While it’s a common conspiracy theory – and comedic punchline – that medical innovators only seek to manage problems rather than cure them, the reality is that several biotech stocks to buy undergird myriad therapeutic advancements. For patients, they represent hope for a positive outcome. And for investors, they may enjoy life-changing profitability while putting
With the banking sector fallout in the U.S. sparking jitters abroad, investors may want to consider identifying the potentially worst stocks for a bear market. To be 100% clear, I’m not advocating that you should sell any of the below equities right now. Rather, you may want to consider drafting an escape plan, just in
This year has been nothing if not volatile. Worries of a looming recession – if we’re not already in one – continue to spark fear. Additionally, the Fed recently instituted its ninth consecutive rate increase. This 25 basis point (0.25%) interest rate hike adds pressure to a financial system already troubled by various banking concerns.
Why SoFi Stock Is Melting Up Amid the Banking Meltdown | InvestorPlace Skip to content Copyright © 2023 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. While most bank stocks have been tanking, SoFi stock has been soaring March 29, 2023 By Luke Lango, InvestorPlace Senior Investment Analyst Mar 29,
The Nasdaq is trying to break out to new monthly highs, while multiple U.S. indices are putting in a series of higher highs. It’s got investors thinking about the end of the bear market. Ultimately, it’s got investors looking at the best stocks for a bull market. To some extent, investing is often about preparation.
AI is at an inflection point, creating new possibilities for innovation and automation in numerous industries. With the ability to analyze massive amounts of data, recognize patterns, and learn from experience, it has the potential to revolutionize the way we work and live. According to PWC, it could contribute $15.7 Trillion to the global economy
Last week, I noted that short sellers were playing with fire by betting against GameStop (NYSE:GME). High call volumes and low short float meant the meme stock could quickly become a massive short squeeze. On Tuesday, GameStop shareholders scored another win: The company announced its first profit in two years. Shares in the videogame retailer
The popularity of Tesla’s (NASDAQ:TSLA) electric vehicles (EV) is well-known. In the U.S., Tesla is the leading EV stock everyone wants to own. Indeed, while other top EV stocks may provide more upside potential, that’s just the way it is. Tesla’s brand, and status as an American car manufacturer that hasn’t gone immediately bust, is alluring to many.
“Cathie Wood Stocks” is a phrase that many investors have come to recognize. As a tech hawk and the founder of Ark Investment Trust (NYSEARCA:ARKK), Cathie Wood is known for her aggressive plays in the stock market — but that doesn’t mean she’s without mistake. In this article, we’ll examine three of the stocks that
In this article PLAY PSX SLB EBS WOOF Follow your favorite stocksCREATE FREE ACCOUNT A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores. Alex Tai | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Lululemon – Shares of the athleticwear company soared more
Meta Platforms (NASDAQ:META) is all-in on the metaverse and its revenue-generating potential. Maybe you’re not on board with this, but you ought to be. As Meta Platforms stakes an early and ambitious claim in the metaverse and related products market, META stock could gain substantial value during the coming months. I’ll concede, it was shocking at
A massive stock market shift is happening in the stock market right now. If you recognize it today – and get on the right side of it – you could make fortunes in the stock market in 2023. If you miss the shift, though, you could get crushed this year. In short, it has to
Stig Brodersen brings back one of our most popular guests, investment expert Lyn Alden. Together, they explore the role of gold and commodities investing in a period of inflation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:33 – Why Do Commodities Perform Well in Inflationary Periods 0:08:25 – Why Do Different Generations and Nationalities
Do you think AAPL (APPLE) is a hot stock? Today we are going to look at setting up a trade on AAPL after earnings wth OPTIONS. Trading options can be a bit tricky, but we will break down this vertical spread hybrid and convert our vertical into a back-ratio spread. This can bring us a