Stocks to buy

Amid a still-stubbornly high backdrop of inflation, the narrative for utilities stocks to buy stands as a cynical bright spot. Basically, everyone must pay their bills associated with core services. Otherwise, no pay, no play. Fundamentally, utilities stocks benefit from a natural monopoly. Legally speaking, an enterprise could potentially compete with a utility powerhouse. However,
As we near the end of 2023, it’s worth noting that this year has been more favorable for stocks than the previous one. However, several hyper-growth stocks have recently experienced a slowdown. Investors are navigating various uncertainties, including the possibility of a recession, elevated interest rates, and an upcoming presidential election. For those looking for
Despite experiencing one of the most robust periods of economic tightening in recent history, the United States economy has been demonstrating exceptional strength and resilience. This has ignited optimism that the world’s largest economy could achieve a smooth transition, often referred to as a “soft landing” by Jerome Powell. The concurrent decrease in inflation and
Dividend growth investors consider multiple things when buying a stock, such as dividend yields and price-to-earnings (P/E) ratios. These investors should also incorporate a company’s future growth potential into their analysis. Investors looking for better returns could consider stocks that might have lower yields today, but stronger long-term growth prospects. The Dividend Challengers are a
Online retail has grown tremendously over the past decade at the expense of brick-and-mortar retail. With the prolonged lockdowns during the pandemic, this secular shift accelerated. Consumers are now increasingly aware of online retail’s convenience and lower costs. Since this secular theme is just starting, e-commerce stocks will be major beneficiaries for decades. According to
Market participants are distinguishing EV sector leaders from laggards. Unsurprisingly, the electric vehicle category is positioned to grow quickly in the years to come. In fact, EV sales are projected to account for up 18% of total auto sales in 2025 and an estimated 60% of total sales by the end of the decade. This
Navigating the ever-evolving investment landscape, one can’t help but be drawn to the captivating narrative surrounding cannabis stocks. The allure isn’t just in its novelty but its burgeoning promise. According to Pew Research, a staggering 88% of U.S. adults advocate for legalizing marijuana for both medical and recreational use. As states push for legalization and
Much discussion revolves around the return of mandatory federal student loan payments, a development that will notably benefit SoFi Technologies (NASDAQ:SOFI) stock. Bank of America analysts are optimistic about SOFI stock because of the obligation for federal student loan borrowers to repay their debts. However, there are additional compelling reasons to consider investing in SoFi
The broader market indexes would have you believe we’re in the midst of a steady, long-term recovery. But those of us trading individual stocks, especially more speculative penny and growth names, know the truth. This market is still quite choppy. We’ve already seen a handful of scary downturns this year. While they don’t look too