In finance, three fintech stocks have been setting the stage for the next phase of fintech evolution. These companies exemplify the vibrant energy and adaptability within the financial sector, serving as prime examples of innovation. The first stock enjoys a double gross profit surge, and the second one, which leverages acquisitions’ impact on international market
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) seems like it should be doing better than it is. Sales are growing, it’s developing new, specialized chips for its cars and it has an innovative battery-swap business that it might just spin off into a stand-alone company. In China’s fast-growing EV market, that should spell success —
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to
This past year was great for investors. Granted, there were some bumps and bruises along the way, with inflation, rising interest rates, a regional banking crisis and troubling geopolitical issues. But there was also plenty to get excited about and even more to get excited about with turnaround stocks in 2024. The Nasdaq, for example, gained
The New York Times published an article on December 11 about how Corporate America is testing the limits of its pricing power. I love the premise. Here in Canada, where I live, the common refrain from the media and anti-poverty groups is to blame grocery stores for the high cost of goods. The federal government
The trillion-dollar market cap club is currently dominated by the tech sector. But will two traditional retail giants eventually find themselves among this rarefied crowd? Walmart (NYSE:WMT) and Costco (NASDAQ:COST) still have a ways to go before they approach a trillion dollars. And they remain dwarfed by e-commerce leader Amazon (NASDAQ:AMZN), which has a $1.6
Investing in renewable energy stocks presents an opportunity for environmentally conscious investors seeking outsized returns. Companies operating in the solar, wind, and hydrogen sectors are seeing rapid growth as the global economy transitions to cleaner energy sources. The renewable sector was largely impacted by higher interest rates and ongoing supply chain disruptions in 2023. This
With Chinese electric-SUV maker Li Auto (NASDAQ:LI) selling more EVs in China than Tesla (NASDAQ:TSLA) and LI stock trading at a rather attractive valuation, LI stock is clearly a buy in my book. Also noteworthy is that Li is already profitable, unlike most EV startups. Also, a recent, investment by a Middle Eastern firm in
It’s been an interesting year for enterprise artificial intelligence (AI) company C3.ai (NYSE:AI), to say the least. Even though the market was obsessed with machine learning in 2023, AI stock made big moves in both directions. This is likely to persist in 2024, but if you can handle the ups and downs, then feel free to take
With the U.S. presidential election just months away, cannabis could be a hot button issue. For one, according to a recent Gallup poll, about 70% of U.S. adults say cannabis should be legal. Two, U.S. governors are strongly urging President Biden to reschedule cannabis, which could easily send cannabis stocks screaming higher. In fact, in a letter, several
Battery stocks should be on every investor’s radar. These companies have great upside potential and are helping us transition to a carbon-free energy model. The global shift towards renewable energy and electric vehicles (EVs) is accelerating, making battery technology more crucial than ever. In this article, we’ll discover three battery stocks that are strong buys.
Electric vehicle manufacturer Nio (NYSE:NIO) had a challenging year in 2023. China’s uneven recovery from Covid-19, waning EV demand and fierce competition in the new-energy vehicle space created problems for Nio. Looking ahead to 2024, investors shouldn’t expect any miracles and NIO stock only deserves a less-than-stellar “D” grade. As you may recall, Nio posted a 4,556.7 million RMB
Advanced Micro Devices (NASDAQ:AMD) stock has been on a tear thus far in December. After making a relatively big move during November it continues its assent. As a result, this AI chip contender has hit a new 52-week high. To many, it may seem as if shares could keep rallying, with the stock re-hitting its
When discussing the current top technology stocks, artificial intelligence and machine learning often get used interchangeably. They are closely related, but should be considered as two distinct technologies. Machine learning is primarily concerned with the algorithms and statistical model development required for AI to function. In other words, machine learning is necessary for artificial intelligence.
This wasn’t a blockbuster year for folks who invested in Lucid Group (NASDAQ:LCID) stock. The prospects for Lucid Group next year aren’t promising. The best grade we can give it is a “D” and we’re not recommending it for the new year. Lucid Group is testing its investors’ patience. Stifel analyst Stephen Gengaro argued that Lucid is “two
On Dec. 1, I argued that SoFi Technologies (NASDAQ:SOFI) stock was a buy. Mainly, because the market’s near-term concerns about SOFI stock had resulted in shares falling to a price that was more-than-reasonable compared to this neobank’s long-term prospects. Soon after laying out the bull case, sentiment for SOFI shifted rapidly. Within weeks, shares surged
“Window dressing” is when portfolio managers adjust their holdings at the end of the year to create a more favorable impression. For this practice, savvy investors have a profound influence emanating from three tech stocks for a December rally. As the year draws close, market participants keenly observe these companies’ strategic moves, financial reports and
The past 12 months were a rocket ride for Tesla (NASDAQ:TSLA) stock. Shares doubled in value as the Magnificent 7 component helped set the pace for the gains realized by the entire S&P 500 index. Unfortunately, next year isn’t shaping up to be quite as magnificent. Instead, it’s going to be more like 2022 for
The rise of autonomous vehicles (AVs) and artificial intelligence stocks is paving the way for a pretty interesting 2024. If 2023 was about large language models like OpenAI’s ChatGPT, 2024 might be the year that self-driving technologies kick it up a notch. Undoubtedly, we’ve seen plenty of hits and misses in the self-driving market over
Sleeper stocks represent companies that fly under the radar or are ignored by the market. It’s not uncommon to find quality stocks in an ocean of listed stocks. And, temporary headwinds could discourage investors, making them shy away from potentially long-term multibaggers. Sleeper stock investment advantage is the trading at a valuation gap. Value investing