Without a doubt, inflation is decelerating in America, as the country’s Consumer Price Index actually declined 0.1% in December compared with November. If inflation continues to sink, several sectors whose performances are heavily influenced by consumers’ spending power and/or interest rate levels should outperform going forward. In this column, I will identify a number of those sectors
What will 2023 look like for California-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI)? If you’re counting on a rapid recovery for SoFi Technologies, don’t hold your breath. SOFI stock is a buy but only for a tiny position as lower prices are probably on the horizon. Therefore, it’s wise to wait patiently and refrain from investing
Electric vehicle stocks have witnessed a deep correction in the last few quarters, but the best EV stocks to buy will recover from the factors that held them back. Factors include overvaluation, supply chain concerns, inflation, and a potentially weak macroeconomic environment in 2023. Intensifying competition has also impacted valuations, but it is the nature
Eventually, there may be compelling reasons to bet your hard-earned capital on solid-state lithium-metal battery manufacturer QuantumScape (NYSE:QS). Right now, however, QS stock gets a “D” rating due to the risks involved. The short squeeze potential shouldn’t appeal to sensible long-term investors. Besides, QuantumScape’s financial profile might improve someday, but it’s not particularly impressive right now.
Amazon (NASDAQ:AMZN) continues to dominate digital commerce and e-commerce stocks. In 2019, the company accounted for 46.1% of all e-commerce sales in the U.S. By 2021, that share had risen to 56.7% as the pandemic forced consumers to stay indoors giving the company a potent catalyst.  But in mid-2022, the numbers shifted as retailers continued
The overall stock market may not be out of the woods when it comes to high inflation, high interest rates, and slowing economic growth, but that doesn’t mean it’s best to stay on the sidelines completely. Certain types of stocks could outperform in 2023. When it comes to the best penny stocks right now, many
In this article AA DFS FUL Follow your favorite stocksCREATE FREE ACCOUNT An aluminum coil stands in a warehouse awaiting transport, at an Alcoa World Alumina Australia smelting plant, partially owned by Alumina Ltd., in Point Henry, Australia. Carla Gottgens | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Discover