The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%
In this article AKRO PEP U PLTR Follow your favorite stocksCREATE FREE ACCOUNT Palantir headquarters in Palo Alto, California, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Palantir Technologies — Shares of the data analytics company added 2.3% on news that the U.S.
Undeniably, the innovation space has been the darling of Wall Street, although shifting sands may prompt a discussion about tech dividend stocks. The tech-centric Nasdaq Composite index gained over 29% since the start of the year, well above the benchmark S&P 500’s performance of under 13% during the same period. Still, harsh realities cannot be ignored.
The U.S. car market has changed direction in 2023 and the reason is Li Auto stock (NASDAQ:LI). Li’s success in China told Detroit it needs to slow its roll on big electrics. Ford Motor (NYSE:F) is selling so many hybrids it’s doubling production, while grappling with slower-than-expected sales of its all-electric trucks. Sales of hybrids are
AI stocks, particularly those traded on the Nasdaq, have excelled since the introduction of ChatGPT in early 2023. Despite market volatility tied to long-term interest rates, AI firms are expected to sustain innovation and profit growth across various sectors, offering investment prospects for equity investors. This is the new paradigm investors are working within, and
Ambitious investors always explore companies that are not just adapting to change but shaping the future of their industries, setting the stage for explosive growth and potential fortunes. The article shines a spotlight on three such stocks to buy that are poised to leave an indelible mark in their respective fields. These companies are utilizing
Since the start of 2023, Visa (NYSE:V) stock has gained by around 13.33%, besting the S&P 500 Index (NYSEARCA:SPY), which is up by around 12.8% year-to-date. After making strong gains throughout the year, stocks not have great results ahead. A similar scenario could play out for V stock if rising rates start affecting the economy
Analyst downgrades can be a valuable tool when making investment decisions. However, just because an analyst has changed his or her rating on a stock from “buy” to “hold,” from “buy” to “sell” or from “hold” to “sell,” doesn’t mean you need to follow suit. Much like everyday investors get it wrong, and the so-called
Joby Aviation (NYSE:JOBY) is one hyper-growth stock I continue to keep on my watch list. Indeed, there are plenty of reasons for this, as I’ve pointed out in my previous pieces. Whether it’s the long-term growth potential of the electric vertical takeoff and landing (eVTOL) market, or Joby’s compelling position within this space, there are
In 2023, a year when the market has heavily favored technology stocks, drugmakers like Pfizer (NYSE:PFE) seem to have been left behind. However, if PFE stock is trading at a low price and Pfizer rewards its loyal shareholders with substantial dividend distributions, then value-focused investors should be buyers, not sellers. Not only that, but I
Airline stocks are always exciting for investors to consider. On one hand, airliners are highly cyclical businesses, creating risk for investors to monitor. On the other hand, many of these airlines demonstrate great potential. This is especially true as they navigate their post-pandemic recoveries and continue to return to growth. Although investors need to be
Climate change stocks are an important and controversial thematic area for investors. Runaway carbon emissions fears were overstated but net emissions continued to rise overall in 2022. Thus, carbon reduction will continue to matter to the markets and demand will persist. The market downturn last year prompted fear that gains over the last few years
Like many analysts I have been high on SoFi Technologies (NASDAQ:SOFI) stock since it came public in 2021. I even bought some. It’s been a loser. Bloggers are still bullish on SoFi, more so than on the average tech stock. Here’s the problem, however. SoFi isn’t a tech stock, it’s a financial stock that uses
I must give credit where it’s due. Global movie-theater chain AMC Entertainment (NYSE:AMC) is getting creative with its efforts to generate revenue. Yet, I still expect AMC stock to lose value throughout the rest of 2023. I’m sure I’ll incur the wrath of AMC Entertainment’s loyal shareholders (a.k.a. the “Apes”). However, the truth must be
If you’re holding F-rated stocks in your portfolio, I’ve got one question for you. Why? Why would you subject your portfolio and your financial future to F-rated stocks that are more likely to drag your earnings down than build them up? As we cruise through October and the first part of the fourth quarter, it’s
It can be fun to speculate on short-squeeze stocks. When the stars align just right, these heavily bet against companies can see their shares skyrocket, leading to tremendous gains for shrewd traders. However, most of the time, traders should probably be looking to sell potential short-squeeze stocks. After all, bears usually take interest in companies
The electric vehicle industry appears to be a winner-take-all market. At least that’s what Wall Street seems to think. Just look at the performance of other auto stocks. Shares of Elon Musk’s Tesla (NASDAQ:TSLA) have doubled this year. Tesla’s market capitalization is more than $800 billion, dwarfing the values of General Motors (NYSE:GM), Ford (NYSE:F),
The oil market has been on a roller coaster ride in the past few years, with prices fluctuating wildly due to various factors such as pent-up travel demand post-COVID and geopolitical tensions between Western nations and Russia. While crude oil prices are expected to rebound in the second half of 2023, thanks to OPEC+ production cuts
For the first time in a long time, AMC Entertainment (NYSE:AMC) had a winning week in the markets, gaining nearly 16% for the week ending Oct. 6. Given its shares have lost more than 85% of their value over the past year, it’s much-needed relief for AMC stock. Driving AMC’s recent bullishness was the Oct.
Editor’s note: “Wall Street’s Favorite AI Stock Is About to Plummet” was previously published in September 2023. It has since been updated to include the most relevant information available. Ask any investor what the top AI stock to buy these days is, and they’ll likely tell you that the safest bet is Nvidia (NVDA). After