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The iPhone-maker Apple has demonstrated uneven performance in 2024. At one point in April, the company’s share price had dipped more than 14% for the year. Fortunately, Apple stock has started to recover. Long-term holders shouldn’t be surprised, considering the recovery coincided with Apple’s WWDC. Apple’s relatively new partnership with ChatGPT creator OpenAI did not
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If there really is a “new industrial revolution” underway, then investors will want to buy Taiwan Semiconductor Manufacturing (NYSE:TSM) now. This is the top picks-and-shovels play for AI chip stocks and it offers a compelling growth opportunity. As the leading pure-play foundry for the semiconductor industry, Taiwan Semiconductor supplies all the major AI chipmakers including
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Wall Street’s leading analysts have been adjusting their S&P 500 forecasts in recent days. Driven by potential Federal Reserve interest rate cuts, strong performance from large technology companies and solid corporate earnings growth, analysts expect the S&P 500 to consolidate its gains above 5500. According to LSEG data, collective S&P 500 profits are expected to
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Last week, Nvidia (NASDAQ:NVDA) briefly eclipsed Microsoft (NASDAQ:MSFT) as the world’s most valuable company. The AI chip maker is now worth $3.3 trillion… or roughly the combined value of every residential property in the state of Florida. Shares trade for 50 times forward earnings. That’s caused expected hand-wringing on Wall Street. “We’re not necessarily at
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Identifying stocks to sell is essential to investing to protect and expand portfolios. Investors should flag possible hazards and closely examine stocks with concerning financial and operational challenges. These three stocks cautionary indicators should be considered and analyzed when calculating exits. Various obstacles may affect shareholder value, from diminishing sales to unfeasible financial models.  These
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It’s certainly a notable that the CEO of Google and YouTube parent company Alphabet (NASDAQ:GOOG;NASDAQ:GOOGL) lightened his share position. Yet, this shouldn’t be a deal breaker for Alphabet’s investors, and we’re assigning Google stock a fairly confident “B” grade today. Alphabet is not a perfect company. Indeed, Google’s missteps in generative artificial intelligence have been cringe-inducing,
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Finding potential trillion-dollar companies is a calculated risk that may significantly improve an investor’s portfolio. The encouraging development paths of three businesses are on track to accomplish this goal. Investors hoping to profit from rising market leaders must comprehend the principles underlying these businesses’ success. These businesses excel in cloud services, are leaders in semiconductor
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