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The auto industry’s journey toward an all-electric future faced significant challenges in 2023. Many of these challenges have persisted, forcing Wall Street analysts to revisit their previously bullish stance on the EV market. This piece identified three EV stocks with glowing ratings as investors prepare for a potential recovery. Earlier EV ambitions, driven by a
Inflation came in much hotter than expected in February. Core services inflation, which excludes housing, rose 0.5% from January following a 0.9% increase from December. Last month’s gain was twice as fast as it was pre-pandemic, causing the Federal Reserve to rethink interest cutting rate too soon. Consumer spending is weakening as real disposable income
Once deemed an overpriced fintech stock, PayPal (NASDAQ:PYPL) stock has since become attractively-priced for investors. Formerly dominant in online payments, PayPal faced heightened competition from Apple, Google, and others. Declining online shopping post-pandemic forced PayPal into less lucrative ventures, squeezing gross margins to 45.8% in Q4 2023. Shares plummeted 80%, leaving a $66.9 billion market
Corporations that outperform their competitors can generate outsized returns for their investors. While it’s possible to find an undervalued hidden gem growing fast, picking stocks leaving competitors behind can also lead to higher gains. The three corporations on this list have a history of outperforming the competition. Thanks to their expertise, resources and other factors,
The beauty industry has been a source of some pretty gorgeous gains lately. As inflation begins to retreat, consumers may finally catch a break, with just a bit more disposable income in their products to spend on those nice-to-have discretionary items that bring them joy. When you combine luxury brands with beauty products, you may
Investor interest in generative AI has been unmatched recently. And companies that engage in innovation in artificial intelligence (AI) technology and other cloud-based services have exploded. The stock market is already in a bullish environment due to the increased potential that the Federal Reserve will begin to start cutting interest rates later this year, following
Indicating that growth stocks are in the initial stages of a hot comeback, the iShares Russell 2000 (NYSEARCA:IWM), whose movements are largely determined by growth stocks, is up nearly 5% year-to-date. Moreover, on March 20, the U.S. Federal Reserve’s Summary of Economic projections indicated that the central bank still intends to cut its benchmark rate
Renewable energy stocks may be a controversial idea for some folks. After all, the concept of green solutions sometimes conjures up images of tree-hugging activists disrupting various commercial activities. Some investors may not want to support such hooliganism. At the same time, society is changing. In particular, more people – especially the younger generations –