Stocks to buy

While the concept of best beauty stocks might not arouse any particularly strong emotion, the basis for the current bullish thesis might. Yes, I’m talking about the dreaded return to the office. Peruse public forums and various social media channels and you’ll be inundated with self-proclaimed stories about increased productivity. Certainly, remote workers are not

With investors looking for growth wherever they can find it, it’s a good time to look at penny stocks to watch in 2023. Granted, penny stocks carry a higher risk than blue-chip stocks, but they also carry the potential for outsized returns. These stocks can move quickly on little to no news. And to be

Year-to-date, market indices have rallied significantly, led by the magnificent seven. As of this writing, the Nasdaq 100 is up 36%, whereas the S&P 500 is up 13%. Despite the rally in the indices, not all stocks have participated. 2022’s winning sectors have been laggards and are reasonable hunting grounds for bargain stocks for 2023. In the first half, market

At first glance, the thought of acquiring discretionary retail plays – even the ones labeled as the best consumer cyclical stocks – may seem daunting. Sure, the May jobs report came in much hotter than anticipated, which on the surface bodes well for sentiment. However, some nuances shouldn’t be ignored. Yes, hiring jumped but so

As much as some institutions like to argue that lithium supply will outweigh demand, it’s not happening. At least, not anytime soon. In fact, lithium producers just warned global supplies may not meet electric vehicle demand at all. This could significantly impact our millionaire-maker lithium stocks below. For example, Albemarle (NYSE:ALB) expects demand to exceed supply

According to Finviz.com yesterday, 119 S&P 500 stocks were trading within 5% of their 52-week high. While I won’t go through all 119 to list stocks reaching record highs, I will deliver three possibilities.  On Jan. 4, 2022, the index hit an all-time high of 4,818.62. It’s currently trading at 4,367.36, or 9.3% below its

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. It turns out that AI is astonishingly good at picking stocks. Several notable studies this year have used ChatGPT and other large language models to beat the market. Some have used sentiment analysis to

Earnings continue to be a significant driver of the impressive price performance we’ve seen thus far this year. A strong earnings beat and raised forward guidance (known as a “beat and raise”) continues to send various companies’ stock prices skyward. For example, Nvidia (NASDAQ:NVDA) stock surged 26% after impressive earnings, while Intel (NASDAQ:INTC) stock plummeted following its

Lithium demand is improving, and prices are rebounding as a result. Accordingly, investors are perking up as various lithium stocks provide unique opportunities to capture explosive growth in this volatile sector. Much of this demand is coming from battery manufacturers, who are demanding more inputs materials. This sets the stage for increasing prices and continued

Consumer spending tightens up during an economic slowdown as consumers prioritize essentials. This list of essentials typically includes groceries, mortgage payments, and utilities. Such belt-tightening can cause delays in discretionary spending on vehicles, renovations, vacations, and shopping. Accordingly, positioning a portfolio for a potential downturn requires taking a hard look at the products and services

Income investors often search for stocks for long-term dividends and buybacks to round out their portfolios. The obvious starting point to locate these types of investments is by looking at yield. This tells you the percentage of that company’s share price paid out in dividends. It offers a touchpoint for investors, but it’s an imperfect

Buying and holding stocks for the long term takes up less time and can produce solid returns. Instead of looking at technical indicators and studying the market every day, investors can focus on the fundamentals and find companies with firm foundations and attractive growth prospects. Millionaire-maker growth stocks often exhibit top and bottom-line growth. They

Electric vehicle technology will continue to advance as adoption rises. Human ingenuity always meets demand. Accordingly, as EV demand continues to grow over time, investors will be focused on only on conventional EV stocks, but those of companies enabling the growth of this sector and providing the infrastructure necessary for such growth. Indeed, advances in

It’s not easy to find affordable blue-chip stocks from a valuation perspective. Since these stocks represent fundamentally strong business stories, there is a valuation premium attached. A good example of my point is Costco Wholesale (NASDAQ:COST). On a sustained basis, the stock trades above a forward price-earnings ratio of 30. Aggressive buying is seen on

For those that want a path to riches, jumping aboard innovative enterprises offers a sensible methodology, thus bringing us to millionaire-maker robotics stocks. Thanks to the integration of manufacturing acumen and the rise of automation (through artificial intelligence and machine learning), the robotics industry has never been more pertinent. And this pertinence should only rise

Investors find themselves in a landscape transformed by persistent inflation and a banking sector crisis that has rattled most publicly traded firms. However, amidst the chaos, a group of resilient contenders has emerged, representing the top growth stocks to buy. Tech stocks that took a major beating last year hint at a vibrant resurgence. Meanwhile,

In recent years, several U.S stocks reached market capitalizations near, at, or above $1 trillion. Now the question is – what will it take for these top valued stocks to reach $10 trillion? The answer to this $10 trillion question varies from company to company. For starters, some members of the “trillion dollar club” have

New CEOs can breathe new life into a company by launching new initiatives, hiring more effective managers, and/or entering new markets. One great example is General Electric. (NYSE:GE). When Larry Culp took the helm of that storied firm in 2018,  it was losing billions of dollars. However, after cutting GE’s costs and making it far

Doing good and profiting handsomely don’t have to be mutually exclusive endeavors, which brings us to high-potential renewable energy stocks. Sure, people shouldn’t aspire to philanthropy to enhance their own wealth; that sort of defeats the purpose. Nevertheless, you can kill two birds with one stone (literally, I guess) with renewability-oriented enterprises. First, let’s get

There’s no denying that Shopify (NYSE:SHOP) stock ran too far, too fast in 2020 and 2021. After a sharp-share price decline, Shopify is showing signs of life in 2023. Follow-through isn’t guaranteed, but a small share position in Shopify could yield decent returns. For years, Shopify made it easy for merchants to sell their products