A handful of large-scale financial traders reduced or eliminated their positions in SoFi Technologies (NASDAQ:SOFI) stock. Should this be a deal-breaker for prospective investors? Not necessarily, as a high-court ruling could have a major, positive impact on SoFi Technologies and its stakeholders. It’s been fascinating to watch the market dislike SoFi Technologies for a while, and
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
Although acquiring shares of companies listed in the Dow Jones Industrial Average tends to be a smart wager, shifting economic circumstances might raise a cloud of suspicion over certain doomed Dow stocks to avoid. To be 100% clear, this list represents a mental exercise based on forward circumstances that may or may not materialize. It’s
In this article USFD NVDA META AAPL Follow your favorite stocksCREATE FREE ACCOUNT A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters The second half has kicked
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.
A lot of microchip and semiconductor companies have exploded this year with their share prices doubling and even tripling. Up more than 210% since January, chip designer Nvidia (NASDAQ:NVDA) was the best-performing stock in the benchmark S&P 500 index during this year’s first half. Shares of Advanced Micro Devices (NASDAQ:AMD), another leading chip company, are
Why would the experts on Wall Street be so bullish on Advanced Micro Devices (NASDAQ:AMD) stock now? Probably, a major consideration is the company’s ambitious development of hardware to support artificial intelligence applications. But before you take a share position in AMD, consider whether you’re getting in at the best possible time. After all, the
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
Looking at the stock market today, smart investors know there are just some stocks to avoid in July. The S&P 500 sits only 6% below the all-time high it hit to kick off 2023. Even though there are predictions of painful economic hardship just over the horizon, investors keep pushing the market to new heights.
Spurred in part by analysts (like me) “discovering” it, Li Auto (NASDAQ:LI) stock is one of China’s hottest 2023 plays. Since the start of this year, shares in Li are up 75%, five times more than the S&P 500. Investors now pay over six times revenue for a company that has yet to make a
Ignatiev | E+ | Getty Images Company: Mercury Systems (MRCY) Business: Mercury Systems is a manufacturer of essential components, products, modules and subsystems. The company sells them to defense prime contractors, the U.S. government and OEM commercial aerospace companies. Essentially, Mercury Systems makes the electronics that go into defense applications. Because it pays for its
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.
Clean energy and renewable power solutions are key investment trends going forward. Undoubtedly, the world will continue to shift away from fossil fuels and toward green solutions over time. Hydrogen stocks will likely be one key part of this renewable energy future. However, unlike wind, nuclear, or solar, commercial-scale hydrogen is still in the early
July thus far has been a great month for electric vehicle stocks, and Nio (NYSE:NIO) stock is no exception. Already trending higher at the start of the month, NIO stock has kept climbing, making its way back to double-digit prices for the first time in months. Some of the latest rally for the China-based EV
In this article MSFT JBLU JPM UNH Follow your favorite stocksCREATE FREE ACCOUNT In this arranged photo, a UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. Lucy Nicholson | Reuters Check out the companies making headlines in midday trading. JPMorgan Chase — Shares fell slightly even
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
No one doubts that electric vehicles are the next big shift. But not all companies who make them are created equally. In fact, it’s best to avoid plenty of EV stocks. We’ve known for quite some time that EVs would be an integral part in the push toward net zero. And that’s meant plenty of
The stock market has seen a strong rally in 2023, with the Nasdaq Composite up nearly 30% year-to-date. This has led to overvaluation in many growth stocks. It’s important for investors, even long-term ones, to periodically review their portfolios and identify overvalued stocks. Despite corporate America’s efforts to spin the narrative, here are three stocks
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images BlackRock‘s move into crypto fits
A pedestrian passes an AT&T store in New York, U.S. Scott Mlyn | CNBC Check out the companies making headlines in premarket trading. JPMorgan Chase — The bank stock climbed 2.7% after reporting better-than-expected earnings due to higher interest rates and strong bond trading from the investment bank side. The company reported an adjusted $4.37