When it comes to finding the best penny stocks under $3 to buy now, there are scores of potential candidates. According to Finviz, there are nearly 1,500 publicly-traded companies listed on major U.S. exchanges that trade for $3 per share or less. Add in the similarly-sized number of sub-$3 per share stocks trading in the over-the-counter
Stocks to buy
While most financial advisors may direct you to blue-chip stocks to buy now, the problem with this well-meaning concept is that everybody else also has the same idea. Because of their massive footprint, these high-profile companies feature transparent, predictable businesses. However, the other side of this relationship centers on a decided lack of upside potential.
If you’re looking for some low-risk stocks for inflation-proofing, investing in historically stable companies with robust cash flows and dividends is the best bet right now. A recession is on the cards later this year, and if you are only worried about protecting what you have while having returns that can beat inflation, I would
With the first three months of the year behind us, it’s now earnings season. Accordingly, investors looking for strong buys have a list of companies to choose from. At least, a list of companies that outperformed expectations on the earnings front. Markets tend to immediately reward companies that report earnings with positive surprises. Of course,
In March, I published a piece on the best cloud computing exchange-traded funds (ETFs). For this article, I’m discussing the top cloud computing stocks for 2023. As I often like to do, I scour ETFs to develop stock ideas. In my previous piece, the funds I selected were the First Trust Cloud Computing ETF (NASDAQ:SKYY),
The recent Bitcoin (BTC-USD) might have cooled down, with the price dropping well below $30,000. But I believe this rally is unlikely to be the last of it for BTC — conditions seem perfect for another rally in the near future, which could be hugely beneficial for crypto stocks. First, the Bitcoin halving event in
There were two major reasons for a deep correction in growth stocks in 2022. First, the Fed pursued aggressive contractionary policies and as liquidity dried up on a relative basis, high-beta stocks corrected. Furthermore, earnings revision on the downside in a post-pandemic era impacted several high-flying growth stocks. I believe that 2023 is a period
If you watched stocks yesterday, you would think the bear market was back in full force. But today, you’d think a new bull market is emerging. This is nothing new. If you feel like this market has been throwing you for a loop, you are not alone. In January, stocks soared because inflation collapsed. And
The Schwab US Divided Equity ETF (NYSEARCA:SCHD) offers a basket of the best dividend stocks for investors. It’s also a standout among top ETFs, having run from $25.50 in 2011 to a peak of $80 last year. All thanks to the quality of its holdings, which have high dividend yields, strong value, growth, and quality stock
Education is quickly changing with the times. Traditional classroom methods aren’t as popular as they once were, simply because technology opens new possibilities. EdTech stocks combine computer technology and current educational practices, shifting the traditional learning paradigm we take for granted. In theory, EdTech stocks provide more-accessible and affordable education to all. Such a pursuit
Investors interested in battery stocks can look at this sector from multiple angles. Some companies manufacture batteries that power the current generation of EVs, future technology innovators, OEMs, commodity producers, traders, etc. Though, others focus on lithium batteries, solid-state battery innovations, and other key growth areas of this market. These are the kinds of battery stocks
By now, we’re all well aware of the world’s desire to go green, which could greatly benefit green energy stocks. The U.S. wants to cut emissions by up to 52%. The European Union says it aims to cut emissions by up to 55%. China says it will stop releasing CO2 in the next 40 years. To
Rate hike sensitive stocks have had a tough time recently, but once those hikes end, stand back and watch these names fly. An event that the markets eagerly look forward to is the Federal Open Market Committee meeting. The stance of monetary policies has a significant impact on the broader markets and several sectors. Anticipating
Defense stocks look to have a runway into a profitable future. Defense budgets are ballooning as global tensions rise, and that’s put defense stocks in the limelight among investors. The argument for picking up a defense company right now is relatively strong. First there’s the obvious ramp up in global tensions, which has supported demand
Portfolio manager Andrew Graham appeared in CNBC’s “Ask an Advisor” op-ed segment in mid-April. The founder and managing partner of Jackson Square Capital provided investors with a clue as to where they should look for AI opportunities: [T]he safer bets could be on the companies that will help make [artificial intelligence] a reality, regardless of
Electric vehicle (EV) stocks have proven profitable for investors, providing multibagger returns. As transportation continues to move in a more environmentally friendly direction, investors can continue to capitalize on opportunities not only in EV makers, but in EV charging stocks as well. While EV manufacturers often hog the spotlight, the EV charging industry is a
Stocks with attractive, sustainable dividend yields are highly desirable to income investors. Moreover, if their stock prices are significantly undervalued, they become even more compelling investments. The combination of reliable, lucrative current income with long-term wealth compounding is a passive income investor’s dream. High-yield and attractive long-term total returns are definitely not mutually exclusive. Thanks
With the world pivoting towards artificial intelligence, savvy investors are on the lookout for the most promising semiconductor stocks for AI. Semiconductors are the essential components in microchips and are critical for AI expansion. They’re driving innovations in AI algorithms and facilitating machine learning models to tackle more complex tasks faster than ever before. With
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend investing will ensure that your money continues to grow, no matter what. With economic worries and the stock market subject to volatility, it could be a wise move to invest in these three dividend aristocrats
The global agritech market was estimated to be worth $19.5 billion in 2021, according to research consulting firm Spherical Insights. It’s expected to grow to $46.4 billion by 2030, a compound annual growth rate of 17.3%. This growth potential is a big reason agritech stocks have become popular with investors in recent years. Yet, agritech