Stocks to buy

With the post-State of the Union address market presenting jitters, contrarian investors enjoy potential discounted opportunities, particularly among cybersecurity stocks to buy. While the benchmark First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) may have gained roughly 9% in the new year, it declined half-a-percent in the trailing five sessions. Also, in the trailing year, it’s down
2023 could be a year of recovery for China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO). You might be surprised that NIO stock traders largely shook off Nio’s seemingly weak January sales numbers. However, there’s a logical explanation for this. Besides, Nio’s price-cutting strategy should help to make the automaker more competitive. Last year’s on-and-off Covid-19 lockdowns
Thanks to the meme-trade phenomenon, many retail investors already have in mind their own great stock buys. Ruefully watching the most popular entities jumping dramatically higher during the first two years of the coronavirus pandemic, 2022 imposed a reality check. But it also meant that those sitting on the sidelines have a time capsule opportunity
In mid-January, I named three penny stocks that could rise 500% in a year. It was an outlandish goal, of course. Few companies rise 100% within 12 months, let alone 500%. Yet, performance has been excellent so far. As a group, the three stocks have already returned almost 20% — double what the S&P 500
Investors should spare a few bucks for the most promising consumer goods stocks. Essentially, consumer goods represent anything that regular folks buy for personal use. This contrasts with capital goods, which companies utilize to produce other goods. Further, many of the businesses undergirding consumer goods stocks tend to feature some level of demand inelasticity. In other