Late last month, shares in Nvidia (NASDAQ:NVDA) hit a new milestone. Thanks to the chipmaker’s post-earnings rally, NVDA stock entered “trillion dollar territory” for the first time. After climbing to prices above $404.85 per share, Nvidia’s market cap reached the $1 trillion mark. However, it is unclear right now whether NVDA is now a permanent
Stocks to buy
After a brutal 2022, Wall Street has fallen back in love with high-return aggressive growth stocks. Stocks with aggressive growth potential have outperformed value stocks by a wide margin so far in 2023, and there’s reason to believe this trend will continue. A major force behind the exodus from growth stocks last year was the
Fintech stocks have continued trading sideways since the selloffs in late 2021 and currently offer some of the best entry points in the market. Most growth stocks have rebounded substantially this year, and fintech is among the only sectors that are still behind. I believe they will follow suit and rally in the coming months,
The stock market has roared back to life in 2023 and has largely outperformed expectations. Investors have begun to pour back into the stock market in search of bargains. However, despite high returns in growth stocks, investors are still highly interested in seeking lower-risk securities. A typical way to go about doing that is to
Artificial intelligence (AI) is a revolutionary technology that helps people access relevant information more quickly and increase their productivity. While OpenAI’s ChatGPT has taken center stage recently, many companies use AI in the background to improve their services and increase their revenue. Some high-potential AI stocks use this technology to make product recommendations, while other
When investors hear the words “undervalued biotech stocks to buy,” they frequently think of companies in the clinical trial stage. That’s understandable. If you can buy a company’s stock before it releases a game-changing drug or therapeutic into the market, you can make a fortune. That line of thinking was displayed in 2020 when many biotech companies
Identifying undervalued sleeper stocks will always be a great way to find strong returns in the market. As with all investments, you can only get out what you put in; reaching a million will take time. That said, the three names below can help you in your journey toward millionaire status. The market is again
Everyone is talking about artificial intelligence (AI) these days, and with good reason. On Main Street, AI will reshape society. And on Wall Street, AI stocks will mint millionaires. This is the internet boom of the early 1990s all over again. At that time, this new thing called “the internet” was being heralded as the
Listen up, meme-stock traders! Video game retailer GameStop (NYSE:GME) is preparing to overhaul the company’s loyalty rewards program. This is a smart move that could bolster GameStop’s top-line results in 2023. In addition, GME stock might soar this year if regulators prohibit short selling. Is GameStop on the cusp of a comeback? It’s certainly possible as
Editor’s note: “‘Miracle’ Psychedelics Could Save Lives and Mint Millions” was previously published in March 2023. It has since been updated to include the most relevant information available. There has been a lot of negative news over the past year. A war in Europe. Inflation running at decade highs. Economic indicators suggesting an incoming recession.
Many crypto investors will likely assert that no cryptos are better buys than Bitcoin (BTC-USD) or Ethereum (ETH-USD). To some extent, when measuring for risk-adjusted returns over the long-term, that argument holds water, as there are several high potential cryptos better than Bitcoin worth considering. However, not all investors are looking at crypto with the same investing time
Recently, United States President Joe Biden and House Republican Speaker Kevin McCarthy have tentatively agreed to raise the federal government’s $31.4 trillion debt ceiling. However, a no-deal scenario could significantly hurt the economy if the deal is voted not to pass by Congress starting on May 31st. Economists predict higher borrowing costs, loan interest rates, and
Large-cap stocks refer to shares of companies with market capitalizations in excess of $10 billion. Alternatively known as big-cap stocks they offer stability and safety relative to their smaller counterparts. Large-cap firms often tend to be top-rated stocks simply because they are so large that they are unlikely to fail. While that size is an
As with most stocks, the “story” with Li Auto (NASDAQ:LI) is far from perfect. As I’ve argued in past coverage of LI stock, there is one major concern with this Chinese electric vehicle manufacturer. At present, this risk is hindering the stock’s performance. It also underscores that it’s best to think twice before backing up
It’s been a wild ride for penny stock investors since 2020. The euphoria meme and penny stock rally of 2021 was followed by a big correction in 2022. The penny stock space seems almost as volatile as cryptocurrencies. This should not be a deterrent for investors. On the contrary, volatility in penny stocks can be
As a rule of thumb, you want to buy quality names in the market, which admittedly rules out several ideas for best stocks under $15 for June. It’s not that cheap securities don’t exist. Rather, many if not most of these underlying companies tend to be both cheap on the charts and fundamentally (and not
A deeper scan of the markets will often reward investors with undervalued sleeper stocks to buy. These are the very stocks that are fundamentally sound and have an attractive business model. And yet, many of these stocks have still not caught the eye of investors. Eventually, they will. And I believe that some of the top
Let’s take a quick look at stocks for investment until 2033. All are high-quality firms, meaning they’re stable and have the potential to continue growing. Granted, it might be hard to imagine some of these companies getting bigger. But that’s exactly what some detractors surely said a decade ago. The truth is that many of the best
Typically, securities may be less appreciated by the market because they stink, which means several proposals for best undervalued growth stocks for June might not make the cut. At the same time, betting on the same ship as everyone else presents its own risks. Namely, you could end up holding the bag. To improve the odds
AI, automation, and robotics have the potential to disrupt numerous industries. Recent advancements in AI technology, such as OpenAI’s DALL-E 2 image generator and the introduction of chatbots like ChatGPT and Bard, have showcased progress in this field. Companies that fail to invest in AI products and services, including machine learning, smart applications, digital assistants,