The stock market has been hit a few headwinds in 2023. High inflation, interest rate hikes, and declining earnings have been put into focus. Despite the headlines, indices have performed well to start the year. The S&P 500 and Nasdaq-100 are up 8% and 23% year to date, respectively. Some investors believe a summer rally
Stocks to buy
More than any time since the advent of fossil fuels, new, game-changing energy technologies are emerging and proliferating, making many energy stocks very attractive. The latter phenomena are not really surprising, given the huge increases in the utilization of renewable energy, along with the electric-vehicle revolution. Among the new technologies rising to the forefront are
The only thing that people can agree on when it comes to SoFi Technologies (NASDAQ:SOFI), it seems, is that there will always be disagreement. The top analysts on Wall Street see different trajectories for SOFI stock, so what is a retail investor supposed to do? The answer is: listen to the bull and bear cases for
Whether you are an environmentalist or not, there is no denying that the future is electric, and you will have to adapt to the changing environmental needs sooner or later. Governments worldwide are working rapidly to reduce environmental damage and are implementing policies to transition toward a cleaner and greener future. This has led to
Throughout financial history, equity markets have navigated bull and bear cycles. The same holds true for various sectors. After an extended bull market, there tends to be a price and time correction phase in various sectors. One secret to successful investing is to identify sectors that have been depressed for an extended period. Stocks in
The biotechnology (or biotech) sector is a crystal-clear illustration of risk and reward. Many biotech companies work on drugs and therapeutics for some of the most pernicious conditions affecting our society and healthcare system. But finding the best biotech stocks to buy is not always simple. Many biotech companies work on drugs for years. And
Technology stocks are back. After a brutal selloff throughout 2022, shares of technology companies have skyrocketed year to date, with many doubling in price. The tech-laden Nasdaq index has gained 19% so far this year, outpacing both the S&P 500 index and Dow Jones Industrial Average. However, many leading technology stocks are only now beginning to recover from the downturn
Large tech stocks are having a great 2023 so far. Judging by the Invesco QQQ Trust ETF (NASDAQ:QQQ), the sector is up 24% year-to-date. After tech’s rough 2022, many investors are giving these companies a fresh look today. With the crisis in the banking sector, for example, it’s understandable why investors are moving funds back into technology as a
AI penny stocks offer investors a thrilling opportunity to tap into the fast-evolving artificial intelligence space. AI penny stocks have limited financial resources and modest profits, but their long-term growth prospects are enticing. AI has been the talk of the town this year, but many of the businesses involved in the sector are tech stalwarts
Make no mistake about it: Nvidia (NASDAQ:NVDA) has established itself as a leader in developing hardware for artificial intelligence applications. Nvidia hasn’t abandoned its status as an innovator in the broader graphics processing unit market. Therefore, even after the impressive year-to-date run in NVDA stock, don’t be surprised if it continues to head higher. Some financial traders
Snap (NYSE:SNAP) stock is down and out. Shares have sunk 12% over the past month and many on Wall Street have largely given up on the name. But I believe that SNAP has what it takes to make a fantastic, huge comeback. Here are four reasons why I believe that buying SNAP on weakness now
Streaming stocks have not had a very good run lately. For a while, many of these stocks were screaming higher as the companies continued to add tens of millions of new subs. Now though, this group has fallen on hard times. It’s got many investors looking at this group as high-reward stocks. Here’s the problem.
Ranking among the most speculative practices in the equities arena, deliberately bidding up short-interest stocks may generate wildly robust gains. At the same time, higher risks for the intrepid market participant also signifies substantial risks. Fundamentally, triggering emotions of panic undergird short-squeeze stocks. When bearish traders “attack” a security, they aim to profit from their
A few recent news stories highlight the tremendous power of artificial intelligence to improve our world and boost business performance. A doctor says that the technology can be a key means of enabling healthcare to become more personalized and making diagnoses earlier. Two fast-food chains are using AI “to boost [the] accuracy, speed, and revenue [of their] drive-thru
One of the key advantages of dividend stocks is their potential to enhance total returns. While stock prices can be volatile, dividends provide a consistent income stream that can help offset market fluctuations. According to Hartford Funds research, dividends have historically contributed a significant portion of total returns for long-term investors. So, what should you
While the traditional approach to market success calls for patiently investing in reliable blue chips, those that want to see more immediate gains may consider small-cap stocks to buy. Here, the point is about accepting massive risk to hopefully realize massive rewards. At the same time, these lower-volume enterprises can be volatile, making this category
Electric vehicle stocks have emerged as one of the most sought-after investments. Furthermore, in the coming years, industry-leading EV companies are poised to dominate the auto market. In fact, the sector is expected to grow by a staggering $917 billion globally by 2028, boasting a compound annual growth rate of 20.6%. Therefore, the growth potential for
In the last decade, few companies have touched the magic trillion-dollar valuation. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Alphabet (NASDAQ:GOOG, NASDAQ: GOOGL) are the names worth mentioning. While these businesses will continue to create value, I am more interested in finding the next trillion-dollar companies. An interesting point to note is that most of the trillion-dollar
If Warren Buffett was your financial advisor, he might steer you toward reliable blue-chip investments, not wildly speculative stocks to buy now. Put another way, you’re probably not going to find these enterprises listed among the holdings of Berkshire Hathaway (NYSE:BRK-B). However, BRK-B lacks the upside potential that these less-recognized enterprises deliver. To be sure,
There are still bargains to be found in the stock market. While the major indices are up on the year, the current rally has been uneven and largely driven by technology stocks. Many other sectors, from banks to retailers, are lagging behind. Quality companies with strong brands are seeing their share prices languish at or