Amid the pandemic, meme stocks gained immense popularity among retail investors. These stocks surged when individual investors on social media platforms, such as Reddit, simply mentioned them. However, conventional investors and analysts caution that most of these viral stocks are highly volatile. However, there are also a few hot meme stocks to buy now, including
Stocks to buy
While the intense fervor of meme stocks to buy now may have peaked a while ago, that doesn’t mean the activity of coordinating investments via social media platforms has gone away for good. Earlier this year, Barron’s noted that the meme frenzy is back. To be sure, assuming that the original meme stock winners –
Growth stocks saw explosive gains after the Covid-19 selloff. The raging bull market saw speculation run wild as liquidity flooded into the financial system, emboldening investors. That allowed the best and worst growth stocks to continue their indefinite moves higher. As it turns out though, those types of unfettered gains can’t last forever. Last year
Last year was the worst year for the markets since the financial crisis of 2008. While the index slipped, the correction was felt most in growth and penny stocks. In challenging times, investors shift their focus towards blue-chip stocks for capital preservation and dividend income. I subscribe to this strategy. However, it’s also a good
The electric vehicle boom is only accelerating, creating a big opportunity for EV stock winners. In fact, according to the International Energy Agency, we could see 14 million EVs sold this year alone. Toyota Motor (NYSE:TM) recently said it’s targeting 1.5 million EV sales by 2026, and will launch 10 new EVs in the next
With Artificial Intelligence (AI) gaining prominence in our lives, it is hard to ignore the fact that AI companies are going to take a big slice of the pie this year. As per a report from Deloitte, the global semiconductor industry is expected to reach $1 trillion in revenue by 2030, doubling in this decade.
AI stocks have taken off in 2023. So, naturally, many investors are curious to understand the technology’s various applications across a wide range of sectors. Artificial intelligence involves training computerized systems with huge amounts of data, through a process called machine learning. These systems can then make inferences about future outcomes, analogous to the natural
With the energy transition upon us, solar stocks offer investors a chance to grab a piece of a fast-growing market. Solar energy output rose 22% in 2021, but that’s only expected to accelerate over the next few years. According to the International Energy Agency, output will need to rise 25% annually by 2030 to reach our net-zero targets. So, for
Turning $1,000 into $10,000 in a year in the stock market is undoubtedly a lofty goal. Make no bones about it, it’s not particularly likely to happen. Indeed, such an endeavor requires a penchant for risk and speculation. Additionally, investors may need to hone their efforts on particular high-growth sectors. One such group of penny
Make no mistake about it: electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) isn’t trying to compete on price. Instead, Lucid Group builds premium-quality vehicles for people who can afford them. Ultimately, it’s not a great idea to back up the truck and buy too much of LCID stock. However, as long as you’re aware of the
The metaverse is the most significant growth opportunity for numerous industries in the long term. This is attributable to the massive range of potential applications and the level of investment from large technology companies, venture capital, corporations and brands. The three stocks to buy below are direct beneficiaries of this trend. The first company is
The government’s response to maintain stability in the banking system creates stock winners from First Republic failure. First Republic Bank is the second largest bank with assets over $200 billion to fail, This follows the failure of Silicon Valley Bank, Credit Suisse, and Signature Bank. Fearful customers withdrew deposits in droves. When the company revealed
It isn’t especially easy to find high-performing chip stocks presently. The overall state of the industry can’t be characterized as being strong. Yet, there are still companies performing well despite overall headwinds. Some semiconductor firms continue to post stellar results that best not only industry averages but also recent performance. That isn’t easy given that
The electric vehicle market continues to move from strength to strength, and investors hunting for the best lithium mining stocks for the EV revolution are in for a treat. Despite the sector experiencing a relatively rocky start to the year, savvy investors are effectively seeking the best lithium stocks to buy at a considerable discount.
Last month, I dubbed Li Auto (NASDAQ:LI) the only Chinese electric vehicle stock you need. If you thought that statement was a bit of an exaggeration, I suggest you look at the latest quarterly earnings release for LI stock. Overall, this release helped to strengthen the bull case. Not just the results that were promising.
While the equities market has performed decently well this year, momentum noticeably faded in the past month, warranting a closer look at the dividend aristocrats to buy and hold. These enterprises command 25 years of consecutive dividend increases, offering a steady hand during troubled times. Fundamentally, one of the reasons why the best dividend aristocrats
Solid-state battery technology could be a game-changer. In fact, according to InvestorPlace contributor Luke Lango, “Solid-state batteries are among the most amazing and innovative technological breakthroughs of the 2020s.” It’s the top reason why investors are looking for some of the best solid-state battery stocks to buy. Even better, solid-state batteries could be the next big thing for electric
At the last Federal Open Market Committee (FOMC) meeting, Fed Chair Jerome Powell expressed that he was confident that even a mild recession was unlikely. This sentiment came as the labor market and household savings remained strong. Furthermore, inflation eased to its lowest level in the last two years to 4.9%. These developments, combined with
Although the equities sector recovered reasonably well from 2022’s harsh glare, rising headwinds force consideration of cheap growth stocks to buy now. Essentially, some enterprises with upside potential may be overlooked by other investors, presenting contrarian opportunities. To be sure, the below enterprises present higher risk profiles than your commonly discussed securities. However, companies that natively
Inflation has been public enemy No. 1 of the stock market for the past 16 months. But now that inflation pressures are rapidly subsiding, the outlook for a stock market rally into the summer is greatly improving. Today, the U.S. Bureau of Labor Statistics released its April Consumer Price Index report, which is the most