Chewy (NYSE:CHWY) has recently become what some would consider to be a meme stock. On June 24, influential investor Keith Gill, also known as Roaring Kitty, disclosed the purchase of 9 million shares, valued at roughly $245 million. This sent investors flooding into the stock, artificially inflating its share price. However, shares have returned to
While sustainable energy infrastructure might not address all of our power-related concerns, investors should nevertheless consider green energy stocks for the long haul. Fundamentally, the broader political and ideological winds are pushing in the direction of holistic sustainability. It’s no longer just a buzzword but increasingly a way of life. Enterprises need to respond to
As the global economy faces numerous headwinds, including fluctuating commodity prices and economic uncertainty, certain materials stocks are increasingly risky investments. Here are three materials stocks to sell to reduce exposure to this market cyclicality. A number of headwinds are battering these materials stocks. Persistent inflationary pressures have led to elevated interest rates, which have
Medical device stocks are effectively redefining the healthcare industry through innovative technology. The digitization trend in healthcare continues gaining steam, with advanced medical devices enhancing healthcare outcomes while becoming critical drivers in driving financial markets. These tools offer accurate diagnoses, effective treatments, and personalized care, improving healthcare outcomes substantially. Hence, given their potential to revolutionize
The stock market is not a get-rich-quick scheme. While it could happen if you’re lucky, that’s not the way to approach investing. But stocks are a way to get rich. You just need to set the appropriate goals for generating fabulous wealth over time. That means don’t buy penny stocks. More often than not, they
Identifying undervalued growth stocks to buy presents a compelling opportunity for savvy investors. Often overlooked or misunderstood by the broader market, these companies can potentially deliver outsized returns for investors. When these stocks are ‘’undervalued,’’ they can offer a unique blend of value and growth. This can potentially create a lucrative investment opportunity for discerning