The current year is significant in terms of the markets clearly deciding between the winners and laggards in the EV industry. Some electric vehicle stocks have surged higher while the likes of Lucid Group (NASDAQ:LCID) has plunged. This was bound to happen as intense competition is followed by a phase of Company failures and industry
Stocks to buy
Fintech has effectively ushered in a new era with groundbreaking solutions in the financial space. Digital payments, peer-to-peer lending, and user-friendly online investment platforms are efficiently transforming traditional banking. Additionally, they’re broadening credit access and securing low-cost transactions. Amidst this innovation, the top fintech stocks have encountered turbulence, with many trading near 52-week lows due
As of September, digital ad revenue was expected to climb a robust 11% this year, research firm Madison and Wall reported. Meanwhile, the firm anticipates that the ad sales of online retail platforms will jump 20% versus last year. Moreover, online ad growth should accelerate meaningfully in 2024. Madison and Wall predicts that all media
Based on the strong print of the major indices since late last month, the idea of deliberately targeting reliable stocks for a volatile market might seem overkill. In the past 30 days, the benchmark S&P 500 gained almost 6%. Since the start of the year, the index moved up 18%. On the surface, that might
If you ever watch the CinemaSins YouTube channel, you’ll understand the core motivation behind the next Magnificent 7 stocks. Now, if you’ve been in the market for a short time – or even not at all – you immediately know these seven giant stalwarts. It’s just like how people recognize Meryl Streep or Brad Pitt,
The Christmas holiday shopping season will unofficially kick off this Friday. Granted, the National Retail Federation (NRF) forecasts only 3% to 4% growth in sales this season, which is lower than the pandemic-led gains retailers enjoyed. However, some retailers should still benefit, including the retailers on the Black Friday stocks list below. After all, consumers
The beginning of the year is the best time to accumulate quality growth stocks which can do wonders for a portfolio. However, the markets continue to provide attractive opportunities. Investors should brush aside any potential setbacks or missed opportunities of 2023 and focus on building a strong portfolio for next year. Truthfully, macroeconomic conditions will
Flying car stocks have great potential for investors. In addition to being growth stocks in their own right, these companies are making disruptive changes to aviation and paving the way for new modes of transportation that will offer diverse opportunities to passengers. Some may think flying car companies are just producing hobbyist prototypes for wealthy
Penny stocks are typically companies that are trading below $5 per share. These companies are ones that can be risky to invest in. They offer the chance of getting in early before the stock realizes its significant growth potential, or on the other side, with them being such small companies, they may have liquidity issues and
Most of the earnings reports are in for the third quarter. But a contrarian play based on the results to date could actually be investment opportunities. According to FactSet, of the 94% of the S&P 500 companies that had reported earnings as of Nov. 17, 82% delivered a positive earnings per share surprise, while 62%
In the realm of technology, we’re encountering a battleground where innovation, strategy and foresight converge to define the future. At the forefront of this dynamic landscape stand stock picks that are armed with distinct arsenals poised to reshape industries. The technology sector is watching a compelling narrative of immersive metaverse experiences, customer-centric revolutions and user-first
Some blue-chip stocks had it worse this year than others, particularly as bad news struck at the worst possible time. Markets hate unknowns and uncertainties, and a negative news cycle can crush a stock as investors and analysts weigh the potential long-term financial effects. But, in many cases, that bearish sentiment is overblown. Downward pressure
First, let’s acknowledge the elephant in the room. Reasons remain unknown regarding the firing of OpenAI CEO Sam Altman. Altman’s dismissal sent shockwaves through the technology sector, rattling several stocks that are heavily exposed to AI. However, OpenAI’s leadership change doesn’t diminish or affect the expected societal impact of AI and life-altering ways on our
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Was 2023 a good year for growth stocks? At first glance, the answer seems obvious: an undeniable “yes.” Tech giants like Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) have ridden a surge in cloud computing
Navigating Wall Street’s topsy-turvy landscape since 2020 has been a voyage filled with unexpected twists and turns. It’s been incredibly challenging, from the depths of the coronavirus market crash to the peaks of a buoyant bull market, followed by another bearish downturn. However, amidst the chaos, the astute investor has a golden opportunity. Hidden within
The hype around artificial intelligence has settled down a bit lately as people get used to the technology, but there’s still a fascination with what these systems can do. One area of great interest is using AI to pick stocks. With access to massive amounts of data that no human could ever parse through, could
Investors are always looking for the next great breakthrough in technology. As computers are indispensable tools for managing everything from finance to healthcare and smart cities, it only makes sense to look at the next stage of development and A-rated quantum computing stocks. Quantum computing is still in its early stages, but companies are already
It’s amazing, how some financial traders can look at a clear winner and worry that it will become a loser. Nvidia (NASDAQ:NVDA) stock has performed extremely well in 2023 because of the company’s dominant position as a supplier of artificial intelligence (AI) chips. Sure, the naysayers can invent reasons to worry about Nvidia, but this won’t keep the company and
Despite all of the business media’s frantic, recent warnings about electric-vehicle sales collapsing, the actual data tells a radically different story. Specifically, last quarter EV sales in the United States jumped 50% versus the same period a year earlier to 313,000. Moreover, Tesla’s (NASDAQ:TSLA) share of the U.S. EV market tumbled to 50% from 62%.
The October CPI report showed a lower-than-expected inflation rate, boosting the market sentiment and sparking a rally across various sectors. However, not all stocks are poised to benefit from positive macroeconomic news. Below are three risky stocks that investors should get rid of now before its too late. Aehr Test Systems (AEHR) Source: Shutterstock Aehr