If you glance quickly at China-based electric vehiclen manufacturer Nio’s (NYSE:NIO) monthly delivery numbers, you may be impressed. However, a deeper dive into the data shows that Nio’s EV sales aren’t as spectacular as they might seem. Our NIO stock forecast isn’t ultra-optimistic and we’re assigning the stock a “D” grade. There’s also a lesson to be learned today. Just
The quest for the most promising value stocks continues as the market has been overshadowed by growth companies in 2024. Identifying these hidden gems requires careful due diligence amid market volatility.  Value stock investing involves selecting companies that are trading below their intrinsic value. Investors can look at traditional valuation metrics like P/B ratio, P/E
Looking for some tech stocks to sell? 2023 was a banner year for tech stocks, with the NASDAQ 100 reaching a new all-time high (and the S&P 500 reached its all-time high on January 3, 2024). While there’s still potential for another rally in 2024, analysts and market pundits are already preaching caution. The tech
In the vast landscape of today’s markets, artificial intelligence (AI) is reshaping investment strategies. Therefore, AI stock picks are as relevant as ever. AI’s ability to analyze extensive datasets and discern patterns gives it a unique edge. In essence, it makes it an incredibly valuable research tool. Recently, I harnessed the prowess of Chat-GPT to
Microsoft (NASDAQ:MSFT) experienced a brief hiccup after last month’s earnings release. Uncertainty is rising when it comes to my MSFT stock forecast. Bullishness about Microsoft’s AI growth catalyst has not yet given way to bearishness, but there are concerns the market has already priced this in. The stock may perform poorly or experience a correction
When it comes to understanding the potential movement of stocks, the relative strength index (RSI) is a valuable tool. It is a momentum indicator measuring price changes, giving valuable insights as it oscillates from 0 to 100. Readings over 70 indicate an asset is overbought and below 30 oversold. Typically, these points mark high and
In 2023, the United States housing market experienced a significant downturn, driven by the Federal Reserve’s hawkish monetary policy. This tightening of financial conditions led to a remarkably inaccessible market, especially for first-time buyers. Hence, the dream of homeownership has been overshadowed by rising housing costs, limited inventory, and competitive bidding processes. The outlook for
Infrastructure stocks already promise to be a big winner in the 2024 election as tensions heat up over America’s current road, bridge, and waterway conditions. While the current administration developed a substantial infrastructure plan, many feel there’s a long road (pun intended) ahead. Talking heads are already bemoaning the poor state of U.S. infrastructure development.
Tesla (NASDAQ:TSLA) has long been the odd duckling of the Magnificent Seven, the group of seven high-performing tech companies that have dominated the S&P 500 over the past year and change. Unlike the other six… Costs. Tesla makes its money from high-cost manufacturing, which depresses gross margins and lowers cash returns on investment. Auto manufacturing