Li Auto (NYSE:LI) is one of the leading manufacturers of new energy vehicles (NEVs) in China. It delivered a record 40,422 NEVs in October, quadruple the number it did last year. It is also the first time it delivered over 40,000 vehicles in one month. NEVs, of course, are what everyone else refers to as electric vehicles (EVs).
Stocks to buy
Short squeezes, which are characterized by sudden and substantial surges in asset prices, have become prominent and debated phenomena on Wall Street in recent years. A short squeeze occurs when a high number of traders who shorted a given instrument are compelled to close their positions, ultimately pushing the asset’s price higher. One should look
Voice recognition tech has existed for decades, but it’s finally getting its moment in the sun. As we increasingly move towards mobile optimization, users want tools that help on the go without having to stare down at a screen. Conversely, enterprises and unique users need complex, AI-enabled voice recognition to streamline internal and external workflows
Despite critics suggesting Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) lags in generative AI and could be due for a pullback if the market turns sour, investors in GOOG stock need not fret. Alphabet is aggressively advancing in gen-AI with global product innovations. Given the persistent rise of generative AI, adding Alphabet shares to your portfolio today could be
Look around a little and you can find stocks that have gained a lot this year. The Magnificent Seven tech stocks are getting all the media attention, but they are not the only securities that have posted impressive gains. The narrative that the current stock market rally is concentrated in only a handful of mega-cap
One of the keys to successful investing and wealth creation is portfolio diversification. As an example, it’s unlikely that an investor will make millions from the market by just holding blue-chip stocks. There needs to be some high-beta growth stocks in the portfolio. Similarly, exposure to global growth stocks is essential for wealth creation. The
Amazon (NASDAQ:AMZN) stock recently hit new 52-week highs. A variety of factors drive this rally, but the skeptics are warning off new investors and exhorting existing investors to sell into strength. Some leaning more towards optimism when it comes to this stock are arguing for convoluted ways to minimize downside risk. For instance, in a
If you’re like millions of other retail investors, you’ve got whiplash from the past few months. Markets fluctuated as traders assessed economic news, consumer sentiment and stock prices. While that’s brought many undervalued stocks back to where they arguably belong, just as many losers are spiking back into overvalued territory. If you want to capture
Rapper Snoop Dogg announced on Nov. 17 that he was giving up smoking cannabis. Cannabis stocks fell on the news. “After much consideration & conversation with my family, I’ve decided to give up smoke. Please respect my privacy at this time,” Newsweek reported Snoop Dogg’s comments from X and Instagram. As anyone who’s followed cannabis
After many, if not most, growth stocks tumbled over the last two and a half years, I can certainly understand why investors would want to include many safe stocks in their portfolios. Further, a majority of the Magnificent Seven stocks are quite high at this point, so buying and holding them entails significant amounts of
About wealth creation, the playbook of millionaires is shrouded in secrecy, revealing tantalizing glimpses into their investment strategies. Picture this: behind the closed doors of financial fortresses, a select few are unleashing a different game, navigating millionaire stocks with precision and insight. The article dives into the heart of the first one, discovering a company
While we’re not in a bull market, certain value penny stocks show potential for 5x or 10x returns in the next five years, assuming forecasted business catalysts unfold. If we’re focusing on promising early-stage businesses, the long-term outlook is optimistic. Discussing penny stocks with a 12-month return potential of 100% may seem conservative, considering the
Blue chip stocks are generally a strong investment for any stage of the economic cycle and tend to take advantage of overarching trends. That remains as true today as it was yesterday and will be tomorrow. Today’s economy is marked by a lot of unsteadiness. Prices and inflation continue to be high but appear to be
We all rely on technology to carry out everyday functions, like communicating, workin, and driving. However, have you ever wondered what powers our technology today? It turns out, all of the power lies within a tiny little device, called a semiconductor. These power the things we rely on daily. As a result, there’s definitely a
Recently, Americans have been notably pessimistic. Gallup reported “overwhelmingly high” levels of pessimism in mid-October, a sentiment echoed by the University of Michigan. However, the public’s perceptions do not entirely align with the reality of the financial, economic and monetary landscape. As the final month of 2023 approaches, the year is proving to be robust
The High Dividend Yield Vanguard ETF (NYSEARCA:VYM) has surged by more than 6% month-over-month, suggesting that dividend stocks are regaining traction. Intuitively speaking, the resurgence does make sense as a pending interest rate pivot may initiate more confidence among dividend investors. I say this because stocks with high dividend payout ratios usually suffer during high interest rate environments.
Cybersecurity has been around for several years and will continue to be one of the fastest growing sectors. In addition to strong demand, these products command high margins. That’s why it’s time for investors to leave room for cybersecurity stocks in their portfolio. Recent growth has been spurred by the emergence of artificial intelligence
Starting out as an investor can be intimidating. As legendary investor Warren Buffett put it, there are two important rules to follow: One, don’t lose money. And two, remember rule number one. Of course, this is easier said than done, especially with hundreds of stocks to choose from. Often times, one can be left with
The primary argument for a labor market rebound is that the recession of 2023 hasn’t emerged as planned. In typical fashion, many economists and market analysts are simply kicking the can down the road and calling for a recession sometime in 2024. Like a broken clock, they may be right. Who knows? Right now, the
Over the past year, consumers have shifted their spending preferences from goods to services. After a two-year slump due to the pandemic, travel has rebounded strongly and is approaching pre-pandemic levels. This shift has benefited top-rated stocks in the travel industry. After solid air travel growth in 2022, consumers have continued to splurge on travel