While seemingly everyone loves talking about the dramatic advancements in technology in recent years, investors ought to consider the caboose of this freight train: cybersecurity stocks. No, it’s not the sexiest idea to bring to the table. But where there’s smoke, there’s fire. What on earth do I mean by that? Basically, as innovation improves,
With Wall Street jubilant about avoiding a recession last year, investors may want to continue betting on the same horse, although here’s the thing: targeting undervalued value stocks may offer a more sensible approach. You don’t necessarily want to abandon your winners outright. However, it’s also risky to assume lightning will strike twice. I’m not
Can you imagine what it would be like to suddenly be without computers? Machines are a daily part of our lives, whether we’re at work, school, or home. Computers help us perform work, operate our vehicles and make items in our homes operate more smoothly. Operating all those machines are software, which is why buying
While investing, identifying millionaire-maker stocks with the potential for explosive growth is akin to gazing at stars in the daylight. Our millionaire blueprint unfolds with three stocks primed to skyrocket in the next market surge. In the heart of the energy sector, the first one emerges as a powerhouse, exceeding production targets, reducing costs and
For investors banking on some volatility in 2024, now may be a good time to consider rebalancing one’s portfolio. After all, the beginning of the year is often the time many investors consider the balance of their portfolios. Wisely, they want to position themselves for a given 12-month period. Over the next year, interest rates
Long-term dividend stocks can be a great vehicle for producing strong capital growth for your portfolio. This is a big reason behind the popularity of “dividend aristocrat” stocks, or stocks with a more than 25 year track record of dividend growth. Yet while some of the highest-quality dividend stocks out there have “dividend aristocrat,” or,
Following last year’s big rally, the stock market is off to a slow start in 2024. After two weeks the S&P 500 index is essentially flat. That’s not enough time to make a trend and many stocks have still been sitting on large gains for the past 12 months. But not all stocks enjoyed the bullish run-up.
As other investors grow more euphoric over the tech sector, perhaps it’s smart to take on a more contrarian mindset, with more defensive plays like those in the food scene. While you are diving into the food scene, you should also look for high-value dividend stocks. In the consumer-packaged food scene, I see plenty of
One secret to making money in the markets is to keep holding winners and exit the losers as soon as a red flag appears. Investors need to keep aside biases and ego if the target is to make wealth from the markets. I have seen individuals averaging down and ultimately exiting with a big loss.
Some of the best penny stocks are primed to reach new heights in the first quarter of this year. I expect investor’s risk tolerance to increase amid a broadening market breadth as the valuations of mega caps and large caps may be too rich to be sufficiently attractive. There are definitely some penny stocks to
It’s early, but investors continue to look for investing opportunities for 2024. Much will depend on the economy and interest rates. While rate cuts are still expected, the timing is uncertain. Anxiety over the path of rate cuts has led U.S. equities to begin the year on a volatile footing. Escalating violence in the Middle
The work-from-home (WFH) phenomenon has faded tremendously, as many companies, large and small, are ordering their employees to spend at least a few days per week in the office. For example, JPMorgan (NYSE:JPM), Apple (NASDAQ:AAPL) and video game maker Activision Blizzard (NASDAQ:ATVI) are among the huge companies ending or greatly curtailing WFH privileges. As a
Chip stocks, especially those that would benefit from the artificial intelligence (AI) craze, had an amazing rally in 2023. Notably, Nvidia (NASDAQ:NVDA), the chipmaker most critical to designing high-end chips for training large language models (LLMs), saw its share price increase by more than 239% last year. The CHIPS Act, another notable piece of legislation
Fortune recently reported that the European climate agency, Copernicus, said that the global average temperature last year was 2.66 degrees Fahrenheit warmer than pre-industrial times. More importantly, it was 0.3 degrees Fahrenheit higher than the record set in 2016. As it becomes more important than ever to tackle global warming, climate change stocks will likely become
The combination of higher prices, lower quality and smaller packaging in recent years has made consumer stocks and their shareholders a lot of money. However, if Fortune‘s recent reporting of events unfolding in Europe is any indication, these companies are about to receive some karma for their greediness. Skimpflation is “a reduction in the quality
Market forces unleashed a sizable rally in U.S. equities in 2023. Although policymakers and equities traders were not out of the woods yet on the macroeconomic front, many positive signs in recent economic data fueled optimism. The Federal Reserve has already projected rate cuts most likely during the latter half of 2024, given how the
The U.S. saw a record 1.2 million EV sales in 2023 amidst high inflation and interest rates and a drop in EV demand. However, this gives us pause to consider the effects of low inflation for EV makers. Now is the best time to consider the best EV stocks to buy. Further, new leader BYD (OTCMKTS:BYDDF)
With even the Federal Reserve’s hawks like John Williams indicating that the central bank is done raising rates for the foreseeable future, the outlook for rates has become much more certain. As a result, companies are becoming more comfortable borrowing the funds needed to acquire other firms. Given the latter situation, I expect mergers and
If you’re looking for reliability, you can’t go wrong with most of the blue-chip stocks. You get proven businesses that have stood the test of time. Better, you’re investing in a company that’s not likely to go out of business any time soon. All because most offer products and services millions of us use every
SoFi Technologies (NASDAQ:SOFI) stock presents a compelling buying opportunity for investors seeking upside in 2024. The company has several catalysts for investors to hone in on, including the resumption of student loan payments and continued ecosystem growth with the company’s expanding portfolio of products. Improved deposits in the third quarter, reaching $15.7 billion, highlight consumer