Most major tech firms reporting in 2024 have registered upbeat results compared to the prior quarter, recording a staggering 86% EPS beat versus estimates. With quarterly earnings of 2023 nearly out of the way, it might be a good time to consider which overextended stocks to sell. The S&P 500 has soared around 20% in
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By now, it’s obvious to everyone that we are in the midst of a rather strong bull market. Powered by the strength of tech, stocks have been climbing nearly continuously since October 2022. As a result, it should not be long before many high net worth investors put more money to work. What’s more, tens
2024 might be the year space stocks break through years of shakiness and pre-revenue indecision. Already, we’re seeing major companies like SpaceX, Rocket Lab USA (NASDAQ:RKLB), and AST SpaceMobile (NASDAQ:ASTS) rack up win after win. We’re even seeing companies like Amazon (NASDAQ:AMZN) enter the space race through its Kuiper Systems initiative. But, though space stocks
With oversupply issues and falling demand for electric vehicles, lithium stocks were crushed. But you may want to use the downfall as an opportunity to accumulate lithium stocks to buy on the cheap. For one, “After its decline, the lithium carbonate spot price is now at a level that threatens some higher-cost projects under development
The rally we’ve seen in AI stocks has been incredible to watch. Accordingly, investors who have missed this rally may be eager to get in. Fear of missing out is picking up, as investors pile into high-flying names which continue to surge even higher. However, this has led to stocks at risk of a selloff.
Now is a great time for investors to scoop up shares in lithium stocks. The spot price of lithium carbonate and spodumene seems to have hit the bottom. Prices are beginning to return to the upside. Also, inventories are decreasing, which means there could be a positive short-term catalyst in store for investors. These developments
We are halfway through the earnings season, and what an exciting time this has been! Several companies have reported exceptional results, proving that the economy is on its way to recovery. We will see better days ahead, and the stock market could soar. While many companies have already announced results, several stalwarts have not yet.
These cybersecurity companies are struggling names in the industry, and holding onto them could cause investors significant losses. The astronomical growth of cybercrime worldwide is predicted to reach over 20 trillion U.S dollars by 2026. Yet, the brands have failed to capitalize on this. The following cybersecurity stocks to sell are struggling with cash flow
With all the talk centered on climate change and the proposed solution of the electrification of everything, it was easy to forget about hydrogen stocks. Over the years, the sector has produced mixed results, with some enterprises performing well while others – especially those focused on fuel-cell technologies – have floundered. Still, hydrogen stocks remain
After struggling to find its footing following myriad questions about corporate direction, Disney (NYSE:DIS) fired back with a strong earnings performance, thus putting other entertainment stocks on notice. Still, that doesn’t mean investors should ignore alternatives to the House of Mouse. Earlier this month, the Magic Kingdom posted better-than-expected profits for its December quarter. Also,
Growth stocks are the best investments for people pursuing maximum long-term returns. These equities can outperform the stock market and reward long-term investors. However, assets within this category can also lose significant capital for their investors or stay flat while the market surges. Periodically reviewing your portfolio and assessing your options can help you avoid being
From a quantitative standpoint, shares of Nvidia (NASDAQ:NVDA) are a strong sell. The company scores an F in the MarketMasterAI stock-picking system, and my most recent February algorithm update only gives NVDA stock 3.5% upside over the next six months. Companies historically sell off after enormous run-ups, and Nvidia’s 400% rise since 2021 lands it
Tech stocks are flying high right now. With the Federal Reserve seemingly set to cut interest rates later this year, traders are positioning themselves for a big rally in equities. That might make it seem like it is too late to cash in on leading e-commerce stocks. However, there are still some bargain opportunities in
Palantir (NYSE:PLTR) and Palantir stock certainly have benefited much more from the artificial intelligence (AI) boom than I thought that they would, as PLTR is now growing rapidly and has finally started generating significant profits. Further, many of the firm’s other metrics have become rather impressive. However, the company’s net income and profit margins are
I have always said it, and I keep my word regarding the biotechnology sector, since it is one of the largest and most important sectors. Not only is it vital for the financial markets, but for the quality of human life. Thanks to companies in this sector, there are innovative and completely effective solutions for
As we eagerly await rate cuts from the Federal Reserve, there is high optimism in the air. Strong quarterly earnings, low inflation and better expectations for the coming quarter are pushing the economy in the right direction. Several e-commerce stocks beat Wall Street expectations and are highly confident about business this year. Consumers have maintained
In 2024, it doesn’t seem like $15 goes very far. That’s especially obvious when one takes a trip to the grocery store or simply tries to buy a meal. While you can easily burn through $15 that will never be seen again it is also possible to make investments for $15 that have the potential
In a world continually reshaped by technology, cloud computing stands as a pivotal force driving transformation. With its rapid ascent, early investors in cloud computing stocks have seen their investments significantly outperform the S&P 500. This serves as a highlight to the sector’s explosive growth and its vital impact on business and consumer landscapes. 2024
If you’re on the market for blue chip stocks to buy, look no further. Investors can find a good blend of stability and growth by searching for blue-chip stock ideas. These equities can keep up with the market and outperform it in some cases. Blue-chip stocks also bode well for long-term investors. They are often
Looking for quantum computing stocks to buy? In the fast-evolving realm of technology, quantum computing has established itself as a true beacon of innovation, signaling a monumental shift from classical computing norms. This transformative technology is poised to effectively revolutionize our understanding of complex domains, including economics, healthcare, space, and whatnot. As we stand on