With cannabis usage continuing to rise, now could be an opportune time to invest in marijuana stocks. Over 52 million Americans currently use cannabis, and legalization seems inevitable as more states approve recreational and medical use. However, investing in cannabis stocks is extremely risky and highly speculative. I’d recommend taking only a small position in
Stocks to buy
The semiconductor sector has been on a tear in 2023, but while giants like Nvidia (NASDAQ:NVDA) get all the headlines, some hidden gems are still waiting to be discovered. Sure, the bigger players can still climb higher, but the risk-reward ratio tends to favor the small caps in times like these. After all, how much
Nowadays, as technology continues to advance, so does the need for semiconductors. Fortunately, the daring companies within this sector are responsible for creating the most efficient, powerful, and capable semiconductors. Let’s look at the three best semiconductor stocks to buy this month, from companies that will grow your portfolio. Qualcomm (QCOM) Source: nikkimeel / Shutterstock.com
With the stock market remaining volatile in 2023, many investors are looking for hidden gems trading at bargain prices. One area that often gets overlooked is penny stocks, or companies trading under $5 per share. While investing in penny stocks comes with heightened risk, the rewards can also be sizable. The key is doing thorough
Investors may want to pay close attention to some of the best value stocks on the market. Many can help minimize risk and allow investors to hold onto potential winners longer without too much exposure to downside risk. Additionally, getting a good stock at a discount (because the market hasn’t priced in its real value) can
While not as innovative or disruptive as it used to be, social media remains a rapidly-growing industry. With 3.8 billion users in 2021, it’s expected to reach 4.4 billion by 2025! Primary revenue sources come from advertising, but social media is evolving, generating income from e-commerce, digital payments, and gaming. If you’re thinking of investing
Buying the best REITs can be a powerful way to diversify your portfolio as well as bring in a stable income stream. Unlike some types of stocks, the price of real estate generally rises along with inflation. Thus, these types of investment vehicles may be better hedges against inflation than other types of investments. But
One place where you can get ideas on the best stocks to buy is to review the top stocks analysts love. At the beginning of 2023, Investor’s Business Daily published an article discussing the nine stocks analysts thought would deliver the best returns based on 12-month target prices. Of the nine, only Dish Network (NASDAQ:DISH)
While overshadowed by other major tech stocks‘ performance, Cisco Systems (NASDAQ:CSCO) is no slouch in year-to-date gains. CSCO stock has rallied by more than 18.5% since January. Cisco is also not a slouch in potential growth catalysts. Sure, look at forecasts, the enterprise hardware company will report middling earnings growth over the next few years.
It’s not been a great year for lithium stocks. With lithium correcting after a big rally, stocks have followed the trend. However, there’s little doubt on the point that the demand for lithium will stay strong beyond the decade. The correction is therefore a good opportunity to consider the best lithium stocks to buy and
How much longer can Nvidia (NASDAQ:NVDA) stock be the darling of the financial markets? Nvidia will be the big winner of the artificial intelligence revolution for the foreseeable future. Therefore, I expect NVDA stock to continue moving higher, and I feel it’s not too late to take a share position. Nvidia’s journey to a $1 trillion
Did cybersecurity companies win second-quarter earnings season? It certainly appears that way after nearly all of the leading cybersecurity companies beat Wall Street forecasts, sending their share prices up 10% or more as a result. While mega-cap tech stocks posted mixed Q2 results, and disappointing retailers complained about in-store theft, cybersecurity firms hit one homerun
Meta Platforms (NASDAQ:META) had a turbulent 2022, plunging from a high of roughly $380 per share to the $88 level, and then more than tripling in early 2023. At around $300 per share at the time of writing, META stock has certainly become one of the come back stories investors like to see. Those who
Li Auto (NASDAQ:LI) stock is up more than 80% so far this year and a technical analysis is appropriate here. I don’t consider myself a technical analyst, but technical analysis matters. Traders look to technical analysis to drive their day. Whether a stock is at the top or bottom of its trading range tells them
It’s the question everybody wants to know: Are meme stocks dead? Well, according to an August report from the Associated Press, apparently not. After trudging through a rough environment of stubbornly high inflation and the subsequent rise in borrowing costs, retail investors may be ready for another bite at the apple before year’s end. To
Transportation is a classic contender in the investment realm that often goes unnoticed. It might not have the glitz of newer sectors, but it stitches together over 5% of the U.S. GDP, translating to $1.3 trillion annually. For savvy investors, the search for the best transportation stocks begins here, blending tradition with tremendous potential. Moreover,
Investing in the best utility stocks might emerge as a remarkably steady choice in a constantly evolving market environment. Undeniably, utilities are the unsung maestros, orchestrating a seamless flow of electricity, natural gas, and water to our homes. Sheltered beneath the steadfast umbrella of regulatory guidelines, they’ve proven to be remarkably reliable investments over the
Plenty of stocks have rebounded in 2023, with Nasdaq 100 up about 35%, emphasizing the dominance of blue-chip giants. Blue-chip companies offer strong business models and consistent returns, often with increasing dividends, making them appealing to conservative investors. Diversifying portfolios with these world-class stocks can provide stability during market turbulence, even for risk-tolerant investors. Accordingly,
Just a handful of stocks are responsible for the stock market’s rally this year. The so-called Magnificent 7 stocks are responsible for 73% of the S&P 500 gains this year. If you eliminate the performance of the top 10 stocks in the index, the rest are performing at break-even. But that’s what can happen when investors
Half the fun of investing in stocks is digging through the markets to find undervalued gems and under-the-radar stocks with long-term potential. At the same time, markets are complex and the depth of information available is overwhelming. “Paralysis by analysis” is a real affliction. It particularly affects newer investors as they learn how to separate