While the U.S. economy has proved surprisingly resilient in 2023, the majority of economists are still calling for a recession in the next 12 months. Meanwhile, the Conference Board’s consumer confidence index hit a six-month low last month. Although the macroeconomic picture can best be described as murky, consumer discretionary stocks have been the third-best performing
In the competitive and rapidly changing electric vehicle industry, Rivian (RIVN) has become a highly debated stock. After its successful IPO in November 2021, the company experienced a significant decline in its share price, with Rivian stock declining around 92% from its all-time high. Given this situation, it is worth exploring whether Rivian stock currently
Jim Casselberry, Known Source: Known Black people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive. Veteran portfolio manager Jim Casselberry is trying to do something about that, using his four decades of investing experience to help bridge the gap for people of color and the Indigenous
Artificial Intelligence (AI) has received remarkable buzz this year. The release of OpenAI’s ChatGPT has captured the imaginations of technology enthusiasts, social commentators, investors and everyday consumers. ChatGPT’s profound capabilities, from helping calculus students with their math homework to debugging entire complex algorithms, has made investors contemplate: “What is next for the AI revolution?” Tech
Generally speaking, tech stocks are crushing the competition in 2023. It’s old news by now, but a select few stocks are responsible for a resurgent Nasdaq. That said, rather than debating this reality, it’s clearly important that investors understand that mega-cap stocks are embracing AI, and driving significant gains right now. It’s not only these
For investors, it’s always difficult to know exactly when to say “enough is enough,” as struggling stocks lose value. It’s always tempting to hold on to positions, in the hope that a miraculous turnaround will materialize. More often than not, that strategy leads to further losses. Thus, I’d suggest that these three struggling stocks below
Mega-cap tech stocks and household brands seem to get all the attention from analysts, investors and the media. This is a shame, because there are many lesser-known stocks that have racked up huge gains in both the short and long-terms, and beaten the broader market by a wide margin. Typically, these are stocks of specialty companies
Have you ever bought the stock of an excellent company only to lose money? It happens all the time. The longer you invest, the more you realize you won’t make perfect decisions. More importantly, avoiding bad stocks is the key to long-term success. Warren Buffett’s investment advice on his top two rules for investing: “Don’t
Innovation driven growth is the keyword when it comes to analysing the tech stocks to buy. With new technologies and ideas overpowering the existing ones, it’s impossible for tech companies to survive without investment in research and development. Some of the biggest innovators in the technology sector already command a valuation that’s in excess of
With over 500 electric vehicles models on the market, competition has intensified, and several EV companies will face financial difficulties. This analysis focuses on the fundamental outlook and advises against holding these high-risk EV stocks in a long-term portfolio. While there may be speculative opportunities for short-term rallies, the overall trend for these stocks is
There are several candidates to be among the next trillion dollar companies. Tesla shocked many investors during the pandemic and trounced short sellers on its path to becoming a trillion dollar company. The stock has soared by almost 1,000% over the past five years and has gone through multiple stock splits. Tesla had its first
We’re starting to see signs of a recession on the horizon, and while that doesn’t mean you should exit the market altogether, there are some stocks to sell now. Tough economic conditions are likely to sting the bulk of the market. Business costs will be rising just as demand starts to tail off. Meanwhile servicing
Investors have long favored growth and income stocks which deliver reliable dividends and modest capital appreciation over time. But these high P/E blue chips carry risk if the price isn’t right. In fact, it’s a common value investing pitfall to overpay for a seemingly safe and stable company. At the wrong entry point, however, defensive
Among the most difficult endeavors when it comes to deciphering the best retirement planning stocks is to identify companies that will remain relevant for years, if not decades to come. While no guarantees exist for anything, those who focus on investing in biotech own a clear advantage. Almost surely, the underlying sector – which falls
By exclusively reading the headline print, one might not recognize the pressing need for stable stock picks. For example, as CBS News recently pointed out, the bear market is finally over. Earlier this month, the S&P 500 pushed 20% higher than the trough the equities sector hit in Oct. last year. As well, the May
The key to making profits in the markets has been to buy large-cap growth stocks, and sell value stocks. At least, that’s what it seems like, when you take into account that the surge of the S&P 500 index year-to-date is largely attributable to big gains among big tech stocks. Although not for certain, this trend
As the world marches towards a future defined by artificial intelligence, the spotlight is increasingly falling on AI companies to watch. In fact, the AI-based chatbot, ChatGPT has been a revelation this year, thrusting society and the investment world toward the immense potential of AI. Not only has it sparked a frenzy of excitement for
ARCB and ULTA are two stocks for your aggressive growth stock radar screen.
There are several reasons to seek out high-cash-flow stocks. In the simplest terms, companies that generate strong cash flow can pay – and increase – dividends, develop new products and buy back shares among other things. Free cash flow is the cash a company has left over even after paying for things such as capital expenditures
While artificial intelligence isn’t a crystal ball for predicting high-return stocks, it can still be a great tool to screen certain stocks and better understand the underlying business models. There are many artificial intelligence models, such as Bard, Bing AI and the massively popular ChatGPT, each with its own advantages and disadvantages. However, one model