The tech-heavy Nasdaq index was one of the best-performing exchanges in 2023. Just six weeks into 2024, it may be headed for a repeat performance. The index is up approximately 7% and the story is the same for the top tech stocks. That means a focus on artificial intelligence (AI). In 2023, companies made
Stocks to buy
Despite recent fluctuations and concerns, the future of the U.S. economy appears positive. Following the pre-Covid boom, the Covid-induced crash, and a too-hot recovery with rising inflation, the economy is now in a healthier phase. Recent reports indicate that inflation is gradually decreasing, employment is growing, and wages are on the rise, suggesting that the
The stock market has been hitting record highs since the start of 2024. Driven by the technology sector, the Nasdaq has grabbed headlines, and several stocks have hit an all-time high. While it is not possible to time the stock market, pursuing high-growth stocks can help take home significant gains. There is a lot of optimism
Have you got $1,000 burning a hole in your pocket? You’re not alone. Most of us have a little extra cash from time to time, and of course, we want to see it grow. If you like risk and you want to turn $1,000 into $1 million, it is always better invest in actual businesses
In the stock markets, where major tech players typically capture investors’ attention, hidden-gem VR stocks lie in wait for discovery. The investment landscape has been evolving, and the growing interest in VR has caught the attention of savvy investors. In 2023, both the VR market and AI reached peak popularity, leading to multiple success stories
February 14 was indeed a great day for Intel (NASDAQ:INTC) as INTC stock surged 2.5%. The company also laid out some plans to open a chip facility in Ireland with $2 billion in funding for the project. This is central to my INTC stock outlook. The company’s IDM 2.0 transformation progress is evident in the
The S&P 500 keeps hitting new record highs this year. It dipped the other day as new inflation data all but killed the hopes for a Federal Reserve interest rate cut in March. Yet consumer confidence is growing the economy won’t crash, which suggests the broad-based index will eventually shrug off the sour price news.
In the rapidly evolving tech space, the exertion for innovation often leads to the intersection of quantum theory and corporate strategy. Among quantum stocks, these progressive companies are shaping the future. These entities represent not just opportunities but the edge of technological advancement in quantum computing. From the first one’s diversified portfolio to the second
Can you actually make money with environmental, social and governance (ESG) plays or so-called ethical stocks? Legacy interpretations imply that ethics and profits go together like water and oil. After all, motor racing leagues penalize corner-cutting antics; otherwise, everybody would attempt to secure an advantage. However, it may be a fallacy to assume that business
Stocks continue to rise and fall based on the earnings reports of the companies behind the securities. It makes for a dramatic time in the market with lots of overreactions occurring both good and bad. For many companies, their earnings report for the final quarter of last year is proving to be a redemption story.
Technology companies are one of the stock market segments with the most significant growth and investor attention. The benchmark ETF for the tech sector is the Technology Select Sector SPDR Fund (NYSEARCA:XLK). It has $62 billion in assets under management, and the top three companies within the ETF are Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), and Nvidia
After running into some February jitters earlier this week, the market may be poised for stronger returns, which then incentivizes the narrative for hidden-gem stocks. For whatever reason, these ideas just simply don’t feature on Wall Street’s radar. However, if I’m reading the tealeaves correctly, they could be due for some serious gains. Now, before
Speculative penny stocks have long captured the imagination of investors seeking high-risk, high-reward opportunities. Now might be a good time to dive into these options. As the S&P 500 and the Nasdaq continue to move higher, the small valuations of these companies make them prime candidates for delivering solid returns. In this article, we delve
It’s funny to think that Microsoft (NASDAQ:MSFT) was once best known for Windows 95. Today, the company isn’t just a legacy tech business; it’s a top-tier contender in cloud computing and artificial intelligence. Truly, the MSFT stock outlook is bright and there are few better picks for 2024, tech-sector or elsewhere. Granted, it may feel like the
Patience can make you more money than any other factor in the market. Of course, the idea is to stay invested in the right stocks. Granted, current macroeconomic conditions are challenging with sluggish GDP growth and inflationary pressure. However, dig deep enough, and you’ll find some of the most undervalued growth stocks with big potential.
Tensions are rising around the world, which is good news for some of the top defense stocks to buy. There’s an ongoing war in Israel. Drone strikes in Iraq are fanning flames across the Middle East. There’s Ukraine. And then there’s the ongoing U.S. issues with North Korea and China. All of which makes some of
Semiconductors provide functionality and life to the digital age. Everything from our smartphones, tablets, PCs and even cars are, in some way or another, powered by these tiny silicon-based devices. While providing functionality to a multiplicity of electronic devices in the modern era, semiconductors are also critical to supercharging technological revolutions, including breakthroughs in artificial
Investors should keep their ears to the ground for alluring chip stocks. Positive indicators point to growth in the semiconductor industry in 2024. Initial CHIPS Act funding released in late 2023 stands ready to stimulate the industry, and there’s always the growth potential AI brings to the table that’s worth considering. In particular, investors continue
Flying cars, also known as “air taxis” or “urban air mobility vehicles,” rely on advanced technology to take to the skies. They typically utilize electric propulsion systems, including electric motors and batteries, to power vertical takeoff and landing capabilities. Given the upside that this technology offers, many investors are looking for the hidden-gem flying car
Investing in the stock market can help individuals achieve their long-term financial goals sooner. While funds and blue-chip stocks can generate stable returns, some investors pursue growth stocks for greater potential. When growth stocks get rolling, they can comfortably outperform the market and generate value for shareholders. Many growth stocks have frothy valuations that can