There’s no denying that neo-banking firm SoFi Technologies (NASDAQ:SOFI) is divisive. After all, this is a company that wants to disrupt personal finance as we know it. However, this doesn’t mean SOFI stock can’t move higher. If the Federal Reserve eases up on its course of interest rate hikes, and if SoFi Technologies can continue to
Until recently, Huadi International (NASDAQ:HUDI) stock was quite obscure. However, this traditional steel pipe and tube manufacturer is undergoing a major transition. Soon, HUDI stock could be an unexpected ESG (environmental, social and governance) investment for risk-tolerant financial traders. It’s no secret that renewable energy development is a priority for the Chinese government. Yet, curious
Technology stocks are showing some signs of life with the Nasdaq Composite up nearly 10% over the past four trading days. The renewed interest in growth stocks has been triggered by lower-than-expected inflation readings. The hope is that the Federal Reserve will begin to ease its aggressive rate-hiking campaign. However, the recent data is far
Some good news is finally starting to creep into the markets with inflation easing in October. However, GDP growth remains a concern. That’s a key reason why growth-focused penny stocks are trading at depressed valuations. This is still not a market where investors can aggressively take positions in high beta stocks. Accordingly, I would remain
As the bear market came barreling through 2022, growth stocks and tech stocks took the brunt of the beating. However, one theme that stood strong was cybersecurity. As a result, that should have investors looking at cybersecurity stocks to buy. Let’s face the facts, though. Cybersecurity stocks also took a good beating, as they too
With turmoil erupting in the world’s second-largest economy, daring contrarians may want to consider Chinese stocks to buy on discount. To be completely transparent, this narrative won’t appeal to everyone. With several of the Asian juggernaut’s top players suffering steep losses, it takes a bold market participant to roll the dice. Still, because of the
[Editor’s note: “EV Stocks Will Soar Like Never Before in 2023” was previously published in November 2021. It has since been updated to include the most relevant information available.] Let me start this issue by stating the obvious: Electric vehicles are going to take over the world. That’s an inevitability. Consumer demand is shifting. Most
Russia’s invasion of Ukraine has caused major disruption in commodity markets, and global supplies are tightening as a result. These countries have a pivotal role in wheat production, accounting for over one-quarter of global exports for the commodity. Moreover, the demand for food and biofuel surged post-pandemic, driving wheat prices to an all-time high. Hence,
As we look ahead to next year, we must consider which stocks to sell and which opportunities to pursue. This year has been about de-risking portfolios, and that trend will likely continue for the foreseeable future. Stocks have been under duress for several months now, and the trend isn’t going away anytime soon. The Federal