Stocks to buy

Luxury retail stocks, with their iconic brands and robust pricing power, have long been standout choices in the investment landscape. While luxury items might not be for everyone, they’re a favorite among the wealthy, propelling brand equity through steadfast loyalty. Moreover, the luxury goods market is booming, boasting a remarkable sales forecast of $369 billion

We are entering a new investing era, and investors cannot ignore the potential of millionaire-maker AI stocks. The relentless advancement of generative AI paved the way for groundbreaking applications across various industries. Companies like Nvidia (NASDAQ:NVDA) have only showcased a sliver of the true impact that AI will have on the global economy. The omnipresence

What a year it was for most cryptos! As we reflect on 2023, and what is to come in 2024, many investors may certainly be considering the cryptos that may be winners for their portfolios. Overall, the future outlook for the next year is positive. Speculation has been building around an imminent approval for a

Small-cap stocks are looking attractive now to many investors, including myself. These companies, on the whole, have lower valuations than their large-cap counterparts, meaning they could deliver the needed gains investors seek. Last year was categorized by an astonishing lack of market breadth, with the Magnificent Seven accounting for almost all of the gains in

A lot of the credit for the U.S. averting an economic recession over the past year is going to consumers as their spending has remained strong despite elevated interest rates. The latest data from the U.S. Census Bureau showed that retail sales in November were up 0.1% from October, and up 3.1% from a year

In the world of ESG stocks, it is often believed that implementing ESG surrenders profitability. However, such a narrative is false. ESG investing can be narrowed down to three sub-categories: impact investing, positive screening and negative screening. Indeed, impact investing often ignores a firm’s financial prospects. However, positive and negative screening methods are contra concepts

When you think about stock picks for 2024 related to artificial intelligence, the first name that likely comes to mind is Nvidia (NASDAQ:NVDA). If not NVDA, then pure-play technology companies rise to the forefront for obvious reasons. However, the beauty of digital intelligence is that the innovation is utilitarian, empowering practically all industries to benefit.

A triumphant narrative of resilience and strategic prowess across three divergent industries emerges in the ongoing roller-coaster, where markets teeter on the brink of uncertainty with stocks at 52-week lows. Picture this: the first one, the tech titan, navigating tumultuous waters with an arsenal of revenue streams and a cloud-centric strategy. Concurrently, the second unveils

For those prioritizing long-term investments, the key is selecting stocks with a robust track record and resilience in unpredictable scenarios.  In the vast landscape of investments dominated by tech unicorns and financial giants, three discreet millionaire-maker stocks stand out. These stocks, operating with resilience, innovation, and market finesse, quietly generate wealth. Also, they act as

While investors might be tempted to ride the biggest winners of last year, shifting sands may provide a superior outlook for comeback stocks. Just what am I talking about? These are securities that are currently trading no higher than 10% of their 52-week lows. At the same time, they (at time of writing) feature a

As we kick off 2024 with optimism and fresh perspectives, it’s time to look at the market and identify some prime value stocks poised for gains this year. With the economy steadily recovering, we can expect undervalued stocks to experience nice upside, as investor sentiment improves. Many companies with strong underlying businesses have fallen out

While the idea of plant-based food may not seem appetizing, its potential profits could be.  In fact, by 2027, according to Research and Markets, the global plant-based food market could grow to about $75 billion by 2028 from $41.06 billion in 2022. All thanks to growing interest in veganism, healthy living, and environmental issues, which could be

The space stock sector remains speculative but also highly interesting. Traditionally, space companies highly align with and are funded by the government. However, that is changing. These days, titans of the industry, including Elon Musk and Jeff Bezos, continue to funnel billions of dollars into the sector. The commercial space industry was valued at $546

Published in 1996, The Millionaire Next Door remains an insightful book that offers a glimpse into the lives of people with net worth exceeding $1 million. They didn’t drive fancy cars or live in big homes. Further, they had modest lifestyles, saved money, and frequently invested their extra cash. In fact, many of these individuals

The Nasdaq 100 had a banner year. After a disastrous 2022 that saw the tech-laden index lose one-third of its value, it rebounded sharply in 2023 soaring 55% to hit a new all-time high. Of course, most of those gains were because of the performance of the Magnificent 7 stocks. Since the index is market

2023 was a busy year for utilities stocks, with both positive and negative developments. On the positive side, the sector deployed record volumes of renewable energy and enhanced grid reliability. However, issues arose. One was the catastrophic Lahaina fire in Hawaii, which led stakeholders to question safety practices at the local utility, Hawaiian Electric. Ultimately,

Amazon’s (NASDAQ:AMZN) stock price has been on an absolute tear this past year. Up 80% in 2023, AMZN stock appears to have overcome various short-term headwinds, with investors again focused on growth. Despite still trading more than 20% below its peak, AMZN stock may still be relatively cheap at 2.5 times next year’s sales. If the

The Street’s worries about PayPal (NASDAQ:PYPL) stock are way overdone. Eventually, these concerns, pushing the shares down 80% from their August 2021 high of $289, will become much less intense, enabling PYPL stock to soar far above its current levels. Specifically, investors’ trepidation about PayPal’s falling profit margins and its competition from Apple (NASDAQ:AAPL) will eventually be unfounded. As a result,

With the U.S. market obsessing over the “Magnificent Seven” stocks last year, investors sometimes overlooked great growth opportunities. Among the most promising picks for 2024 is China-based electric vehicle (EV) manufacturer Li Auto (NASDAQ:LI). Wall Street didn’t spend much time focusing on LI stock, but get ready for Li Auto to grab the limelight in the new

Fundstrat analyst Tom Lee, who correctly called last year’s rally of the S&P 500 in the face of tremendous pessimism about U.S. equities, recently advised investors to overweight certain financial stocks. Specifically, Lee said on The Julia LaRoche Show that with interest rates are likely to fall meaningfully this year, and the most obvious beneficiaries