Within the dividend stock portfolio, there is a case for finer diversification. First, there are blue-chip dividend stocks with stable cash flows and relatively muted dividend growth. Further, there are some of the best dividend growth stocks to buy that also trade at attractive valuations. This column focuses on the dividend growth stocks that are
Despite challenges, SoFi Technologies (NASDAQ:SOFI) stock thrived in 2023, rising 85% on record revenue and member growth. The end of student loan forbearance boosted earnings, and SoFi stock 480,000 members and 847,000 products in Q3, showcasing effective cross-selling and customer retention. Banking, an age-old industry, has evolved significantly with technological advances disrupting various sectors. SoFi,
There could be substantial opportunities for undervalued hydrogen stocks. That is, if President Biden loosens the proposed rules on hydrogen tax credits, making them far friendlier to producers, as E&E News notes. In fact, according to Senate Environment and Public Works Chair Tom Carper (D-Del.) and Senate Energy and Natural Resources Chair Joe Manchin (D-W.Va.), the current
Palantir Technologies (NYSE:PLTR) stock has pulled back since December and appears range-bound. However, this may be a calm before the storm, ahead of the next big move. Shares may surge when the company announces earnings next month, similar to the surge after the last quarterly release. Yet while this suggests now is not the time
Nvidia (NASDAQ:NVDA) stock was one of the best-performing names of 2023, with a staggering gain of more than 240%. This year looks good too. The chip maker has been riding high on the booming demand for its artificial intelligence solutions. While there are several reasons investors should be optimistic about NVDA stock, investors should also be wary
Wall Street seems to have determined that Coinbase (NASDAQ:COIN) will be more hurt than helped by the new Bitcoin (CCC:BTC) spot ETFs. Meanwhile, COIN’s valuation remains extremely high, and the potentially ruinous lawsuit against the firm by the Securities and Exchange Commission will soon be prominent in investors’ minds. Most law-abiding COIN users will probably
Meta Platforms (NASDAQ:META) remains one of the world’s largest and most influential technology companies. META stock operates some of the most popular social media platforms including Facebook, Instagram, WhatsApp, and Messenger. It also develops and sells hardware products, such as Quest mixed reality headsets, Portal smart displays, and Ray-Ban smart glasses. In addition, it is
Cryptocurrency and the blockchain are headline-news topics now. Consequently, you may be tempted to load up on Marathon Digital (NASDAQ:MARA). Yet, just because the Securities and Exchange Commission (SEC) approved 11 spot Bitcoin (BTC-USD) exchange-traded funds (ETFs), this doesn’t mean you should make a hasty trade with MARA stock. At the very least, consider Marathon Digital’s risks
Will you settle for a pretty good year after a magnificent one? Apple (NASDAQ:AAPL) still deserves its designation as a member of the prestigious “Magnificent Seven” club. AAPL stock gets a “B” grade and shouldn’t be expected to rally as sharply in 2024 as it did in 2023. To put this in perspective, the Apple share price gained nearly
The US economy is on a positive trajectory, with a notable decline in inflation over the second half of the previous year. Raphael Bostic, the Atlanta Fed president, anticipates a slower progression of inflation moving forward and envisions it reaching around 2.5% by the end of 2024. Despite uncertainties, such as disruptions in shipping costs
Penny stocks can offer tantalizing rewards for those willing to stomach the risks. Though most fail, the few that succeed can bring massive returns. I don’t have a crystal ball, but using the latest AI assistant from Google (NASDAQ:GOOG, NASDAQ:GOOGL) called Gemini, I asked it to predict which penny stocks have a chance to skyrocket
Wall Street analysts conduct plenty of research before deciding which stocks to recommend. It’s part of their full-time jobs which makes them more present in the industry than most retail investors. Investors can save a lot of time by reviewing analysts’ recommendations. However, an investor shouldn’t take an analyst’s recommendation at face value. Instead, investors
Many investors continue to prioritize dividends when buying stocks, relying on the payments for income, particularly in retirement. To many investors, dividends provide a more reliable and consistent return than stock price appreciation, which is prone to market fluctuations. These investors look for companies that make their dividend payouts a priority and steadily increase the
The Magnificent 7 companies were the stars of the show in 2023. In the new year’s first week of trading, the cohort proved slightly less magnificent. Depending on which of the Magnificent 7 stocks you were watching, the first week of the year was quite ugly. In any case, I don’t think one week of
Important voices in the investment world predict that 2024 could be a very strong year for mid-cap stocks. Janus Henderson portfolio manager Brian Demain believes the outlook for mid caps looks favorable as rate hikes slow and cuts draw nearer. Demain also anticipates that they could perform very well due to their relative underperformance to
Will 2024 be the year that cannabis stocks come back into their own? Though recreational and medical legalization is inching along, state by state, cannabis stocks haven’t come close to touching past highs. Cannabis’ lost investor enthusiasm comes primarily from two core concerns: legalization and differentiation. The first issue is self-evident but more nuanced than
With the artificial intelligence (AI) buzz capturing global attention, discerning investors must identify stocks with concrete revenue gains from AI. Analysts project the AI revolution as the fourth industrial revolution, foreseeing widespread applications across industries. Notable sectors like cybersecurity have successfully employed AI for threat detection, showcasing its potential beyond early adopters like Google. That
Many stocks had incredible runs in 2023, and not just the so called “Magnificent 7” mega-cap technology concerns. While underreported, many stocks beat the performance of the Magnificent 7 last year. Further, they saw their share prices completely recover from the downturn in 2022. Best of all, these market outperformers look likely to continue running
Although markets have gotten off to a difficult start, Wall Street analysts continue to love and recommend several stocks to investors. Some of these highly praised stocks are mega-cap technology concerns and companies associated with artificial intelligence (AI). But not all of them. Analysts continue to heap adulation on stocks of companies with strong earnings,
Hedge funds are specialized investment funds that aim to generate returns regardless of overall market conditions. Hedge fund managers tend to be skilled stock pickers, as they have the resources to conduct thorough research and analysis. They also often have industry connections that provide valuable insights. As such, keeping an eye on the stocks hedge