Penny stocks were the talk of the town back in 2021, especially those in the technology and biotech sectors. However, so far in 2023, most penny stocks have remained dormant with barely any price action to the upside. That mostly has to do with rate hikes and funding issues. Investors are rightfully uncomfortable with unprofitable
Stocks to buy
Millionaire maker tech stocks boils down to one central theme: banking on the inevitable growth of the broad innovation space for potentially significant, even lifechanging returns. Of course, there’s a huge difference between selecting the right sector versus picking the right individual securities. To be quite blunt, to assume that investing in tech stocks as
The outlook for the S&P 500 index is optimistic for the next 12 months. Over this period, the index is likely to trend higher by 9.3%. Without a doubt, there will be undervalued blue-chip stocks and growth stocks that will witness a significant rally. It’s a good time to remain invested in fundamentally strong names that trade at a valuation gap.
I used Bard AI to help recommend blue-chip stocks for July. Right off the bat, it’s clear that Bard isn’t considering recent events in recommending the shares it has. Most of the rationale it offers in picking the shares centers on long-term factors. That’s fine, given that long-term investing produces better average returns. But it also suggests
Some stocks have skyrocketed year to date. Indeed, shares of some technology companies more than doubled over the last six months. This rally has been fueled by improving investor sentiment and excitement about artificial intelligence. These hypergrowth stocks appear to be carrying their momentum into the year’s second half, continuing to rally to new heights.
As we brace for a potential recession looming on the horizon, many investors are recalibrating their portfolios in search of low-risk stocks. If you’re in sweats thinking about financial risk, and your concern rests with capital preservation, you might want to avoid high-flying growth stocks. To be fair, growth stocks should hold a pivotal spot
Investors may have their eyes glued to tech holdings and AI stocks, particularly with the Nasdaq up more than 36% so far in 2023. However, energy stocks are quietly staging a notable rally. That’s got investors wondering what are the best energy stocks to buy. Investing in energy stocks is a challenging endeavor. The group
There was never a better time than now to invest in solar energy. As the world gears up to increase the use and adoption of renewable energy sources, companies in the sector are set to gain. Per the International Energy Agency, the world’s annual pace of solar panel installations will quadruple by 2030. The Inflation
Meta Platforms (NASDAQ:META) stock differentiates itself in the U.S. market with its emphasis on artificial intelligence and the metaverse. Its involvement in machine learning technology and generative AI sets it apart for future innovations. Investors appreciate the company’s current valuation and recognize its successful strategies of reinvesting in platforms like Instagram and implementing cost-cutting measures.
In the grand theater of the stock market, bargain stocks have often played a leading role in captivating discerning investors. Those who understand the essence of buying robust businesses at bargain prices can attest to this strategy’s exponential wealth creation opportunity. The best companies may take a hit during recessions, yet investors with an eye
Rivian Automotive (NASDAQ:RIVN) stock surges as strong deliveries fuel investor optimism. The company exceeded analysts’ delivery expectations for the quarter, showcasing continued growth in the electric vehicle market. RIVN stock has experienced a significant surge driven by retail investors, with a 54% increase over the past five sessions and an 81% gain for the month.
There are clear signs of a reversal rally after a meaningful correction last year for equities. The S&P 500 index has trended higher by over 15% for the first half of the year. With a decline in recession probability, the rally for the index is likely to sustain. There also seems to be clarity that
The artificial intelligence mega-trend has been the key factor behind the tremendous rise in price of Nvidia (NASDAQ:NVDA) stock in 2023. However, don’t assume that AI catalysts have been fully factored into the NVDA stock price. It’s important to note that, while “AI mania” is what has propelled shares to a trillion dollar valuation, this
Artificial Intelligence (AI) has received incredible attention this year due to the release of OpenAI’s advanced chatbot, ChatGPT. But ChatGPT is fortunately not the only chatbot to be released. Many developers have released their own version of the AI including Bing ChatGPT, Jasper, Perplexity AI and You Chat. For this article, I decided to ask Bing ChatGPT
Nio (NYSE:NIO) stands out as one of the best EV stocks and a prominent Chinese electric vehicle market. With its focus on designing, manufacturing, and selling smart electric vehicles, Nio has positioned itself as a leader in this growing industry. China, being the largest car market globally, faces challenges in transitioning from petrol and diesel
Penny stocks have always interested many investors. Indeed, this interest comes from many places. Some investors like the volatility of these stocks, and the ability to buy a large amount of shares at one time. Others focus on the immense upside potential most penny stocks provide. Of course, this extremely high upside also means these
AI is coming to biotech in a big way. From protein folding to drug screening, from studying cells to studying populations, the AI boom has long been an asset to biological research and drug discovery. Now investors are also waking up, and Biotech AI stocks could skyrocket as their potential becomes fully realized. The best
Looking for investment opportunities in dividend stocks? Look no further! Discover the potential of cheap dividend stocks, undervalued dividend stocks, and high-yield cheap stocks that are worth considering. These stocks offer the enticing prospect of regular quarterly dividend payments. Such payments can be a reliable source of income for investors, even during market downturns. While
The great thing about strong, consistent dividend stocks? They tend to have strong, consistent businesses. However, that’s not always the case when we look at beaten-down dividend stocks. Just because a company has a long streak of dividend increases does not mean that its streak is invincible. The dividend is also not indicative of a
Momentum stocks offer investors the opportunity to capitalize on strong and continued upward price changes. At the same time, it is an inherently and undeniably risky trading method. Investing in momentum stocks can sometimes counter the notion that time in the market yields better results on average than timing the market. But for those who
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