Semiconductor stocks still have a lot of gas left in the tank. The valuations of these companies are buoyed by an estimated chip shortage, as well as the Western world’s diversification from the main foundries located in Taiwan, such as Taiwan Semiconductor Manufacturing (NYSE:TSM). The good news is semiconductor stocks to buy have lower valuations
Li Auto (NYSE:LI) is one of the leading manufacturers of new energy vehicles (NEVs) in China. It delivered a record 40,422 NEVs in October, quadruple the number it did last year. It is also the first time it delivered over 40,000 vehicles in one month. NEVs, of course, are what everyone else refers to as electric vehicles (EVs).
Palantir Technologies (NYSE:PLTR) has shown strong performance this year, given investor interest in AI stocks. The company’s earnings reports provided plenty of optimism and fueled this rally. However, with the company’s government revenue slightly below expectations at $308 million, while commercial revenue rises 23% to $251 million, there’s room for discussion concerning how good these numbers were. Of course,
The stock market is trending higher again, which means sooner or later it will fall. But shrewd investors look forward to such drops because that opens doors to buy. It was just last month that the S&P 500 had dipped into correction territory, falling 10% from recent highs. Now the index is moving up once
Short squeezes, which are characterized by sudden and substantial surges in asset prices, have become prominent and debated phenomena on Wall Street in recent years. A short squeeze occurs when a high number of traders who shorted a given instrument are compelled to close their positions, ultimately pushing the asset’s price higher. One should look
After a strong first half of 2023, Tesla (NASDAQ:TSLA) faced challenges with price cuts, reduced margins, and disappointing delivery growth, leading to a decline in stock value. This move has come amid what many contend will likely be a weak demand period for high-priced EVs, suggesting margin compression may be on the horizon. Indeed, CEO Elon Musk
Penny stocks are well known for some exciting price action. It’s therefore not surprising that penny stocks are the favourites for short term traders and speculators. In 2021, penny stock investors made a killing with several stocks delivering multibagger returns in a matter of months. However, not all penny stocks are purely speculative. There are
The Electric Vehicle industry is nothing like it was in 2022. This year has been difficult and many EV makers are glad that it is coming to an end. With high-interest rates, rising inflation, and low consumer spending, the demand for EVs has dropped. Several EV makers had to trim their production targets and restrict
Look around a little and you can find stocks that have gained a lot this year. The Magnificent Seven tech stocks are getting all the media attention, but they are not the only securities that have posted impressive gains. The narrative that the current stock market rally is concentrated in only a handful of mega-cap
Despite critics suggesting Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) lags in generative AI and could be due for a pullback if the market turns sour, investors in GOOG stock need not fret. Alphabet is aggressively advancing in gen-AI with global product innovations. Given the persistent rise of generative AI, adding Alphabet shares to your portfolio today could be
One of the keys to successful investing and wealth creation is portfolio diversification. As an example, it’s unlikely that an investor will make millions from the market by just holding blue-chip stocks. There needs to be some high-beta growth stocks in the portfolio. Similarly, exposure to global growth stocks is essential for wealth creation. The
Can video game retailer GameStop (NYSE:GME) stage a huge comeback, and GME stock shake off its meme-stock reputation? It won’t be easy for GameStop to get Wall Street to take the company seriously. Prospective investors should be careful as an event is coming in December that could prove to be make-or-break for GameStop and its loyal shareholders. Don’t get the
Amazon (NASDAQ:AMZN) stock recently hit new 52-week highs. A variety of factors drive this rally, but the skeptics are warning off new investors and exhorting existing investors to sell into strength. Some leaning more towards optimism when it comes to this stock are arguing for convoluted ways to minimize downside risk. For instance, in a
If you’re going to invest in an electric vehicle manufacturer in 2023 and 2024, you need to be selective. EV demand is slowing, and Rivian Automotive (NASDAQ:RIVN) isn’t necessarily the best pick of the bunch. The best grade we can assign to RIVN stock is a “D” and prospective buyers should spend extra time on their due
As the U.S. Senate rallies to lower broadband costs, it’s a pivotal moment for investors to scrutinize telecom stocks. Amidst this legislative whirlwind, key initiatives have emerged as game-changers. Firstly, Senator Jacky Rosen (D-NV) and 31 colleagues advocate fervently for the Affordable Connectivity Program funding extension. This vital program, a lifeline for countless households, ensures
Rapper Snoop Dogg announced on Nov. 17 that he was giving up smoking cannabis. Cannabis stocks fell on the news. “After much consideration & conversation with my family, I’ve decided to give up smoke. Please respect my privacy at this time,” Newsweek reported Snoop Dogg’s comments from X and Instagram. As anyone who’s followed cannabis
After many, if not most, growth stocks tumbled over the last two and a half years, I can certainly understand why investors would want to include many safe stocks in their portfolios. Further, a majority of the Magnificent Seven stocks are quite high at this point, so buying and holding them entails significant amounts of
About wealth creation, the playbook of millionaires is shrouded in secrecy, revealing tantalizing glimpses into their investment strategies. Picture this: behind the closed doors of financial fortresses, a select few are unleashing a different game, navigating millionaire stocks with precision and insight. The article dives into the heart of the first one, discovering a company
While we’re not in a bull market, certain value penny stocks show potential for 5x or 10x returns in the next five years, assuming forecasted business catalysts unfold. If we’re focusing on promising early-stage businesses, the long-term outlook is optimistic. Discussing penny stocks with a 12-month return potential of 100% may seem conservative, considering the
Blue chip stocks are generally a strong investment for any stage of the economic cycle and tend to take advantage of overarching trends. That remains as true today as it was yesterday and will be tomorrow. Today’s economy is marked by a lot of unsteadiness. Prices and inflation continue to be high but appear to be