After a sharp sell-off since mid-summer, many investors are looking for the safety of quality, blue-chip stocks. That’s if they haven’t moved over to the relative safety of U.S. Treasury notes. However, more aggressive, risk-tolerant investors may still want to consider penny stocks. If that’s you, there are some options to consider. One thing you’ll
Stocks to buy
The online gambling market is booming. In fact, the market is projected to hit $95 billion in revenue this year. By 2027, it could hit $131.9 billion, as noted by Statista. Better, the number of online gamblers could rally to 233.7 million by 2027, too. All of that should create a massive opportunity for the online gambling
The future of the U.S. economy appears to be at a pivotal juncture as the Federal Reserve maintains interest rates at a 22-year high, with the possibility of further tightening on the horizon. Despite strong economic indicators, including a robust labor market and faster-than-expected GDP growth, the central bank remains cautious about achieving its 2%
Federal Reserve officials kept current interest rate levels unchanged on Wednesday. Investors and economists will be diligently scrutinizing any hints and clues offered during this meeting, specifically regarding the long-term stability of rates and whether central bankers still view future increases as necessary in the coming months. For now, these central bankers maintained the current
Lithium stocks are facing a challenging 2023, as the global metal supply exceeds the demand from electric vehicle and battery manufacturers. This surplus is leading to a sharp decline in lithium prices, which has hurt the profitability and growth prospects of many lithium producers. However, some companies are managing to maintain their competitive edge. They
DividendChannel.com has a list of 25 SAFE dividend stocks. By the site’s definition, these stocks have a reasonably high yield; the quarterly dividend is accelerating, they’ve never missed or lowered dividends and they have paid dividends for at least 20 years. Twenty years seems like a long time. However, Dividend.com lists 15 stocks that have
For conservative investors, including those in and nearing retirement, highly reliable dividend stocks with a growth component are an excellent tool. That’s because these equities produce regular income and are likely to generate significant returns for investors through increases in their stock prices. They make for excellent top dividend stock picks. Investors can use the
Every day, more and more technology companies are starting to dive into the world of artificial intelligence. Most people may indeed know and summarize artificial intelligence as something like ChatGPT, but it goes much deeper than that. This is just one example of the technologies these generative AI stocks are developing. Companies can participate in
At first, the idea of environmental, social and governance or ESG stocks to buy and hold doesn’t seem particularly lucrative. Generally, an understanding exists that people don’t become wildly successful because they’re truly philanthropic. So, the same applies to big corporations, right? Well, when it comes to sustainable stocks, it’s a nuanced picture. Of course,
Investing in flying car, or eVTOL (electric vertical takeoff and landing aircraft) stocks, once a sci-fi dream, now offers potential for impressive returns as this industry rapidly advances. Top flying car stocks present an enticing opportunity for early investors, potentially leading to significant wealth creation. Notably, many such companies have stocks that are currently trading
I asked Google’s Bard to give me 7 AI stock picks it believes will double in value in 2024. The results weren’t far off from what I would expect. There’s a good representation of technology firms and a few firms that benefit from secular trends as well. Alphabet isn’t on the list so Bard is
Solar stocks have been in sharp focus since 2021. That’s when the Biden administration ushered in what has been the most renewable energy-friendly administration, at least in terms of the billions of dollars being funneled to the industry. Since investor money tends to follow government largesse, this spending launched a rush into solar stocks. But
This earnings season has been a bit of a quandary. Several leading tech companies that normally hit home runs with their financial results missed the mark, sending their stock prices lower as a result. Tesla (NASDAQ:TSLA) and Google’s parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) are two major tech concerns that disappointed with their Q3 prints. At
Small-cap stocks, typically defined as having a market capitalization of less than $2 billion, have been underperforming the broader market this year. The Russell 2000 Index, which tracks the performance of small-cap companies, is down 0.9% year-to-date, compared to the 12.2% gain of the S&P 500 Index. However, this does not mean that all small-cap
The stock market is on the downswing. Many traders are dumping their holdings as inflation, interest rates, and geopolitical crises weigh heavily on sentiment. And a recession appears to be on the horizon. These declines present a fantastic opportunity to buy the top growth stocks. After all, in most cases, time in the market beats market
I read a recent Barron’s article about some of the reasons high-yielding dividend stocks could rebound. Barron’s noted BMO Chief Investment Strategist Brian Belski comments that there’s been indiscriminate selling of high-yield dividend stocks by investors. The reason? You can get guaranteed returns of nearly 5% from 10-year Treasuries. The strategist pointed out that only
Artificial intelligence (AI) is revolutionizing workplaces and productivity. This technology is giving consumers and businesses more possibilities. The artificial intelligence boom is in its early innings, and companies are rushing to capitalize on the technology. The winners in this industry can reward shareholders with generational gains. While Nvidia (NASDAQ:NVDA) has become the center of the AI boom,
Regardless of whether you’re a Wall Street veteran or new to investing, the past four years have been a roller coaster ride. A global pandemic brought a 14-year-long bull market to a screeching halt. It quickly revived into another stock boom that saw the S&P 500 hit a new all-time high, only to reverse course
SoFi Technologies (NASDAQ:SOFI) is a leading online platform that provides a range of financial products and services, such as personal loans, mortgages, student loans, investing, banking and insurance. The company has grown since the Great Recession, which saw many traditional banks retreating from unsecured personal lending and mortgages. Moreover, SoFi has expanded into new markets, including crypto
Thanksgiving is more than just feasting and gratitude; it’s also a time of unique stock market trends. In the lead-up to the holiday, the stock market witnesses increased activity as traders position their strategies. This bustle calms on Black Friday, with Wall Street’s early close, while many are busy with shopping deals. Amidst all this,