The stock market has been on an incredible run over the past year with tech and growth stocks surging. Traders have piled into many fast-moving companies in hopes of locking in quick trading gains. This excitement has increasingly moved back into the meme stock arena as well. While meme stocks somewhat fell out of fashion in 2022 and 2023, they are firmly back
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Investing in blockchain through cryptocurrencies is incredibly risky. The bulls will quickly point out that Bitcoin (BTC-USD) has delivered an earth-shattering return of more than 14,600% in the past decade. However, if we narrow the time horizon to 3 years, BTC has actually underperformed the S&P 500. Hence, despite the dazzling returns, BTC’s wild price swings have
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From its stellar performance in 2021 to deflating in 2022, the biotech sector continued its stagnation into 2023, highlighting some pharma stocks to avoid. Year-to-date, the S&P Biotechnology Select Industry Index has dropped by 4%. Likewise, the number of biotech firms shrunk by 3% in 2023. Although overlapping with the biotech sector, pharma stocks have
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Consumer interest has definitely has started to shift away from EV stocks with many investors choosing to sell them in favor of conventional combustion engine companies. Everything from government subsidies to concerns about climate change has spurred growth in the sector. However, since the beginning of the U.S. Federal Reserve’s 2022 rate hike cycle, the
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Investing in stocks priced under $50 can be attractive for several reasons. Firstly, these stocks are more affordable, allowing investors to purchase more shares with less money. This can provide diversification and the potential for greater returns if the stock price rises. Secondly, lower-priced stocks can generate higher percentage returns as even small price movements
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Investors should always pay close attention to stocks with lowered price targets. Not only can that lowered target highlight potential danger, but it can also highlight a potential short opportunity to be well aware of. Often, downgraded and downward price revisions are influenced by company fundamentals, including financial health and future growth. They can also
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It’s fair to assert that EV stalks are dangerous overall. The sector has been maligned throughout 2024 and continues to face ongoing issues. The electric vehicle industry continues to evolve but is facing what can optimistically be called a rough patch. Thus, many investors would classify any and all EV stocks as being dangerous. Yet, as with any sector, there are bound to be
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Trump Media & Technology Group (NASDAQ:DJT) is a lightning rod among publicly traded companies. Because of its volatility and risk, Trump Media stock could shoot for the moon or have a crash landing. Therefore, constant vigilance and appropriate position sizing are vitally important. People have strong opinions about Trump Media & Technology Group, which is typically
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