Based on the strong print of the major indices since late last month, the idea of deliberately targeting reliable stocks for a volatile market might seem overkill. In the past 30 days, the benchmark S&P 500 gained almost 6%. Since the start of the year, the index moved up 18%. On the surface, that might
An always uncomfortable topic, overvalued stocks to sell arouses intense emotions for understandable reasons. Just like when a sports editorialist criticizes an organization, that’s someone’s team that the writer is blasting. So I get it – there’s not just attachment at play but also money and perhaps a significant amount at that. Nevertheless, exiting certain
If you ever watch the CinemaSins YouTube channel, you’ll understand the core motivation behind the next Magnificent 7 stocks. Now, if you’ve been in the market for a short time – or even not at all – you immediately know these seven giant stalwarts. It’s just like how people recognize Meryl Streep or Brad Pitt,
The Christmas holiday shopping season will unofficially kick off this Friday. Granted, the National Retail Federation (NRF) forecasts only 3% to 4% growth in sales this season, which is lower than the pandemic-led gains retailers enjoyed. However, some retailers should still benefit, including the retailers on the Black Friday stocks list below. After all, consumers
Some of the best gene editing stocks could soon see a massive boost. In just days, the U.S. FDA could approve the first gene-editing treatment of sickle cell disease (SCD) from CRISPR Therapeutics (NASDAQ:CRSP), a move that could set off a firestorm of interest in all things gene editing. All after a U.S. FDA advisory panel gave it the
Flying car stocks have great potential for investors. In addition to being growth stocks in their own right, these companies are making disruptive changes to aviation and paving the way for new modes of transportation that will offer diverse opportunities to passengers. Some may think flying car companies are just producing hobbyist prototypes for wealthy
Penny stocks are typically companies that are trading below $5 per share. These companies are ones that can be risky to invest in. They offer the chance of getting in early before the stock realizes its significant growth potential, or on the other side, with them being such small companies, they may have liquidity issues and
Most of the earnings reports are in for the third quarter. But a contrarian play based on the results to date could actually be investment opportunities. According to FactSet, of the 94% of the S&P 500 companies that had reported earnings as of Nov. 17, 82% delivered a positive earnings per share surprise, while 62%
In the realm of technology, we’re encountering a battleground where innovation, strategy and foresight converge to define the future. At the forefront of this dynamic landscape stand stock picks that are armed with distinct arsenals poised to reshape industries. The technology sector is watching a compelling narrative of immersive metaverse experiences, customer-centric revolutions and user-first
Markets are back in the swing of things, as last week’s close marked a 7% surge since October’s low. Though investors are thankful for these Thanksgiving stocks, you should still trim these turkeys from your portfolio. As the saying goes, a rising tide lifts all boats. Likewise, some of these turkeys saw a hefty share
Dividend stocks often get a bad rap as being boring, stodgy companies that offer stability but little in the way of market-beating returns. It’s true. Many traditional dividend payers tend to be mature, slower-growing companies that fail to keep pace with broader market indexes. That’s why investors often view such companies as portfolio stabilizers, providing
First, let’s acknowledge the elephant in the room. Reasons remain unknown regarding the firing of OpenAI CEO Sam Altman. Altman’s dismissal sent shockwaves through the technology sector, rattling several stocks that are heavily exposed to AI. However, OpenAI’s leadership change doesn’t diminish or affect the expected societal impact of AI and life-altering ways on our
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Was 2023 a good year for growth stocks? At first glance, the answer seems obvious: an undeniable “yes.” Tech giants like Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) have ridden a surge in cloud computing
Navigating Wall Street’s topsy-turvy landscape since 2020 has been a voyage filled with unexpected twists and turns. It’s been incredibly challenging, from the depths of the coronavirus market crash to the peaks of a buoyant bull market, followed by another bearish downturn. However, amidst the chaos, the astute investor has a golden opportunity. Hidden within
The stock market is a highly subjective place that is also governed by analytical objectivity. It’s easy to calculate a price-to-earnings ratio because it’s an objective number. It’s sometimes difficult to apply subjective determinations to that number. In other words, it’s easy to label a given stock as overvalued only to see its price remain
The hype around artificial intelligence has settled down a bit lately as people get used to the technology, but there’s still a fascination with what these systems can do. One area of great interest is using AI to pick stocks. With access to massive amounts of data that no human could ever parse through, could
Investors are always looking for the next great breakthrough in technology. As computers are indispensable tools for managing everything from finance to healthcare and smart cities, it only makes sense to look at the next stage of development and A-rated quantum computing stocks. Quantum computing is still in its early stages, but companies are already
It’s amazing, how some financial traders can look at a clear winner and worry that it will become a loser. Nvidia (NASDAQ:NVDA) stock has performed extremely well in 2023 because of the company’s dominant position as a supplier of artificial intelligence (AI) chips. Sure, the naysayers can invent reasons to worry about Nvidia, but this won’t keep the company and
Despite all of the business media’s frantic, recent warnings about electric-vehicle sales collapsing, the actual data tells a radically different story. Specifically, last quarter EV sales in the United States jumped 50% versus the same period a year earlier to 313,000. Moreover, Tesla’s (NASDAQ:TSLA) share of the U.S. EV market tumbled to 50% from 62%.
The October CPI report showed a lower-than-expected inflation rate, boosting the market sentiment and sparking a rally across various sectors. However, not all stocks are poised to benefit from positive macroeconomic news. Below are three risky stocks that investors should get rid of now before its too late. Aehr Test Systems (AEHR) Source: Shutterstock Aehr