Many market pundits were surprised by the strength of tech stocks in 2023. The Technology Select Sector SPDR Fund (NYSEARCA:XLK) soared over 55% year-to-date, despite the headwinds of higher rates. Still, if a new bull market has begun, the sector has more gains ahead. Typically, investors see the technology sector as a growth sector. Indeed,
Stocks to buy
As you look at semiconductor stock picks for 2024, it’s important to understand the state of the sector. Semiconductors are in the early stages of a super cycle that may have several years to run. That’s good news for investors who are not currently invested in this sector. The seeds for this rally were
In 2023, real estate stocks experienced a rollercoaster journey, mirroring broader market fluctuations. The year began on a shaky note, with both commercial and residential sectors feeling the pinch of rising interest rates. However, this downward trend pivoted in the latter half of the year as real estate pricing and Real Estate Investment Trusts (REITs)
As the economy goes through its various, natural boom and bust cycles, some investors prefer stocks that provide stability over those that can potentially double within a few years. For these reasons, defensive stocks are frequent favorites. These stocks can offer less volatility when markets plunge. Defensive stocks represent corporations that have plenty of staying
Income investors typically want to find stocks with above-average yields, generally meaning that the stocks have higher yields than the S&P 500 average. Currently, the S&P 500 Index yields about 1.7% on average. Beyond yield, income investors should also be sure that the dividend payout is sustainable. Investors looking for safe dividends should consider the
For early next year, there are a few quantum computing stocks to watch. I expect that these companies will perform well throughout 2024. This is due to these companies’ continued development and the gradual roll-out of their development road maps. If you weren’t aware, quantum computing companies are set to disrupt numerous industries with their
This upcoming holiday season is sure to open up another wave of spending as consumers continue their gift-giving and festivities. Indeed, this type of consumer spending helps boost sales in various sectors like textile & apparel companies. These textile stocks offer a wide variety of products, from luxury goods to everyday products utilized during the
In July, I created MarketMasterAI, a powerful AI tool to help investors pick winning stocks. Its simulated historic performance was excellent. “A+” rated companies performed 4x better than “F” rated ones, and $10,000 invested in the model since 2010 would have grown to over $50,000, easily beating the market average. But would such simulations work
Web3 stocks tumbled over the past two years as speculative investment enthusiasm turned sour. Still, the initial Web3 trend wasn’t misguided – it was just a bit early. The decentralized web is a fact of the future, not fiction or wishful thinking. Like other blockchain (and blockchain-adjacent) tech, real use cases and practical applications await
Hot investment themes change with time and prevailing macroeconomic conditions globally. However, some sectors will likely remain in the limelight through the decade. One such sector is alternative or renewable energy. That implies alternative energy stocks will be potential value creators in the coming years. It’s worth noting that the world faces challenges related to
Trading penny stocks can deliver robust returns in the blink of an eye. In the last month, Tilray Brands(NASDAQ:TLRY) stock has surged by roughly 30%. This is just one example of the ferocity of the rally in stocks under $5. However, I believe that penny stocks with potential are not just trading ideas. In the penny
Since the Federal Reserve announced that it would look to lower interest rates in 2024, rates are rapidly falling. The U.S. dollar has also weakened significantly, which is not unusual when rates drop. This is due to there being less incentive to save money in a country’s currency when its rates are lower. As a
For gaining exposure to the rise of EVs in China, investors have many choices. However, while there isn’t necessarily a “one and only” China EV stock to own, Li Auto (NASDAQ:LI) stock is definitely a name that should be considered a top choice. Yes, U.S. investors looking to own a piece of the largest Chinese
Pursuing financial freedom often conjures images of dynamic markets, strategic maneuvers, and the allure of high-yield stocks. Imagine a tapestry woven with resilience, operational finesse, and the astuteness of market navigation. This is precisely the landscape where seven exceptional stocks stand as beacons, promising enduring passive gains. The article executes an investment exploration where these
After the massive gains artificial intelligence companies saw in 2023, there are additional gains to realize by investing in AI in 2024. You can use the Portfolio Grader to find the best AI stock picks for the new year. The AI space will be worth roughly $207.9 billion in 2023. That’s a huge number. But
AI stock predictions are all the rage, and for good reason. I asked Google’s Bard and ChatGPT to give me some predictions regarding which stocks will soar soon. First, I have to note that there must have been some sort of update to both bots recently. These AI stock predictions aren’t based on specific investment
In late November 2022, I highlighted three large-cap growth stocks heading into 2023. Those included Advanced Micro Devices (NASDAQ:AMD), which ran from $73 to $146 a share; Apple (NASDAQ:AAPL), which ran from $146 to $193.70; and Nvidia (NASDAQ:NVDA), which ran from $152 to $497. Today, I was asked for my top large-cap growth stocks for 2024. To start, I still like AMD, AAPL, and
The healthy consumer in 2023 has surprised everyone, including experienced economists. One major beneficiary has been the travel and leisure sector. Indeed, travel stocks have soared as pent-up demand for travel has carried on recently. As we head into 2024, the United States economy is chugging along, with unemployment at 3.7%. With most consumers employed,
As of 2023, the United States economy has successfully navigated challenges, managing to cool down inflation and avoid a recession. Policymakers have worked to achieve a “soft landing,” aiming to further slow inflation without triggering a downturn that could lead to mass layoffs. Despite a generally positive outlook among economists. Inflation has shown signs of
With the Federal Reserve previously engaged in a bitter – and seemingly, at times desperate – struggle against blisteringly hot inflation, the narrative for growth stocks to buy now frankly didn’t resonate very well with many investors. However, a possible policy pivot could change everything. We’re already seeing evidence of the anticipated shift now. While