Anything is possible on Wall Street. For all we know, Lucid Group (NASDAQ:LCID) stock might stage an improbable turnaround in 2024. LCID stock is only rated “D” due to lack of evidence supporting an unlikely scenario. Without the help of some unanticipated catalyst this year, Lucid just won’t be a high-confidence pick. Please don’t get the wrong idea. The
The positive future of the U.S. economy seems promising, according to Jeremy Siegel, emeritus professor of finance at the Wharton School. He believes the economy has achieved a “Goldilocks pace” of growth, with recent data showing a robust job market and steady unemployment rates. Despite concerns about potential inflation from rising wages and geopolitical tensions
Growth stocks are the best way to compound your portfolio. After all, growth has outperformed value since 2010 by a huge margin. This article highlights some of the best growth stocks to buy now. Picking growth stocks requires a new approach in this environment. Over the past decade, interest rates were near zero and even
In this article WMB CIVI KIM Follow your favorite stocksCREATE FREE ACCOUNT Eric Greager, President and CEO of Civitas Resources, at the NYSE, November 9, 2021. Source: NYSE As investors confront uncertain markets in the short term, dividend paying stocks could offer some portfolio stability and income. Analysts have dug into the details on dividend-paying
If PayPal (NASDAQ:PYPL) were valued like Visa (NYSE:V), PayPal stock would rise. This could have important implications for PYPL stock investors. The world’s biggest payment processor is now America’s most valuable bank. Its shares are up almost 20% over the last year and are now priced at 32 times earnings. PayPal, meanwhile, is down over
The stock market has started 2024 on a high note. With inflation cooling, the economy improving and companies ready to report their quarterly results, there is a lot to look forward to. While some companies are recovering from the bloodbath of 2023 caused due to high inflation and low consumer spending, several stalwarts have been
In December 2022, I discussed three overpaid CEOs and why investors should sell their underperforming stocks. One of the CEOs was Chad Richison, the founder and chief executive of Oklahoma-based Paycom Software (NYSE:PAYC), a cloud-based payroll and human capital management software provider. PAYC stock had gone sideways for 36 months. I wasn’t impressed. Paycom shares
Bank of America (NYSE:BAC) estimates that there will be 152 rate cuts by central banks around the world this year. This is reason enough to be bullish on a potential bull market for precious metals. This column discusses three undervalued precious metal stocks that are poised to deliver healthy total returns within the next 12 months. Besides potential
The Nasdaq Green Energy Index ETF (NASDAQ:QCLN) is down by approximately 25% year-over-year suggesting various buy-the-dip opportunities exist in the renewable energy space. Although renewable energy stocks typically possess high downside risk, diversification benefits can be obtained by investing in them. Furthermore, the renewable energy arena possesses robust fundamentals. For example, the broad-based end market
Renewable energy stocks had a rough year in 2023. The iShares Global Clean Energy ETF (NASDAQ:ICLN), which holds some 135 different clean energy public companies, fell more than 20% in 2023. Similarly, the Global X Solar ETF (NASDAQ:RAYS), which holds about 54 different solar names, plummeted 35.1%. Renewable energy companies had not convinced equities traders and investors that
In 2023, EV charging stocks had difficulty, led by ChargePoint (NYSE:CHPT) which lost more than 75% of its value. ChargePoint saw its revenues fall by 12% during the most recent quarter with losses nearly doubling. Combine that with greater troubles across the EV sector, and it’s easy to understand the reason it fell dramatically. Regardless,
Will the software industry still be the darling of 2024? Its comeback in 2023, thanks to the market embracing AI, pushed the sector to greater heights. These days, it seems pretty much all tech companies are looking for ways to monetize AI in various industries, but there may still be a long way to go.
In a world where energy is absolutely vital, oil companies continue to play an important role in its structure. Fossil fuels will continue to operate for many more years before a complete transition to 100% green energy occurs. If oil companies is on your list of investments, be sure to explore these three best oil
Call them secret stocks or hidden gems. While the media tends to trumpet the same stocks repeatedly, plenty of stocks get almost zero notice. And, often they are crushing the broader market and helping to make their shareholders wealthy. Investors need to explore these securities and add them to their portfolios if they hope to
With U.S. equities set to perform very well in 2024, many more companies are likely to sell additional stock in themselves to the public. Meanwhile, the number of initial public offerings should also jump. Since Morgan Stanley (NYSE:MS) generates a great deal of its revenue from underwriting such deals, MS stock should get a big
Prime Video and Amazon MGM Studio businesses announced hundreds of job cuts on Jan. 10. The news from Amazon (NASDAQ:AMZN) sent AMZN stock higher on the day. “[W]e’ve identified opportunities to reduce or discontinue investments in certain areas while increasing our investment and focus on content and product initiatives that deliver the most impact,” The
The best Web3 stocks this month will partially ride on the coattails of the most recent Bitcoin (BTC-USD) ETF approval. The spot ETF for Bitcoin should drive significant growth for the cryptocurrency in the future. This is because ETF providers will be required to purchase a large amount of the coin, which could cause the
Blue chip stocks offer more stability than high-flying growth stocks. While stable stocks often have lower returns, they can still outperform the market. There’s plenty of life left in 2024, but the first few days featured losses for many stocks. During those few days of losses, some people may have thought about investing in blue
In this article MTCH Follow your favorite stocksCREATE FREE ACCOUNT The Covid-19 pandemic resulted in an increase in people looking for love on dating platforms such as Match Group’s Tinder app. Beata Zawrzel | NurPhoto | Getty Images Company: Match Group (MTCH) Business: Match Group provides dating products worldwide. Their portfolio of brands includes Tinder,
During the AI rally last year, many leading AI stocks soared to dizzying heights, becoming some of the most expensive names on the market. Investors were willing to pay sky-high premiums for these high-flyers, with Nvidia’s (NASDAQ:NVDA) share price approaching $550 at its peak. Nvidia now trades at a whopping 30 times sales (higher than