Some of the best meme stocks came into the limelight during the euphoric market rally in 2021. These stocks have gained significant attention on social media, which can potentially impact prices. During 2021, some of the best meme stocks skyrocketed and delivered multibagger returns in weeks. Of course, we are nowhere close to that bullish
Stocks to buy
After gaining by 81% last year, less stunning returns await Amazon (NASDAQ:AMZN) stock in 2024. Still, wouldn’t say that upside this year is insignificant. The company’s shares have significant upside potential. Yes, compared to most of the six other stocks that make up the “Magnificent Seven,” AMZN sports a fairly-rich valuation (57.3 times forward earnings).
You might never have considered owning shares of a company that’s known for making personal computers and printers. Yet, a legendary investor took a position in HP (NYSE:HPQ), so the company is certainly worth your attention. Besides, anyone who prioritizes a good value and generous dividends ought to take a look at HPQ stock. Furthermore, it
Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google Cloud, a burgeoning cloud-infrastructure segment, is poised for substantial growth with the integration of key AI services. The integration of generative AI search experiences not only enhances search revenue but also paves the way for diverse ad formats and placements, driving bid optimization for increased revenues. This will have important implications
Lost in all the headlines about the Magnificent 7 companies was the previous gang of high-growth tech stocks known as FAANG. The acronym represents five well-known tech companies: Facebook, now Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX) and Google, now Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). The term “FAANG stocks” was coined by Jim Cramer back
The financial markets in 2024 will be pulsating with transformative opportunities driven by companies poised to redefine industries. This is leading to several 2024 investment trends making themselves known, and several stocks gaining traction. Three distinct stocks illuminate diverse sectors, suggesting robustness, technological innovation, and strategic positioning. The first one’s astute market navigation in the
The global energy market remains volatile with several developments pushing it in different directions. Crude oil prices are down to start the new year on news of a sharp price cut by Saudi Arabia and a rise in production among members of the the Organization of the Petroleum Exporting Countries and its allies (OPEC+). The
The pet care industry went through a massive growth spurt during the pandemic when it seemed everyone had to own a companion pet. This lit a fire under pet care stocks. Sadly for the animals themselves, adults have grown tired of the idea of pet ownership or can’t afford the ongoing costs, and this has
While capital appreciation is vital, dividends are also important to total returns. Dividend stocks for consistent income provide both and are often more stable. Your portfolio can be a reliable source of income if you pick the right dividend stocks. There are numerous dividend stocks for consistent income that pay out dividends frequently, either monthly
Owning powerhouse stocks can add significant value to your portfolio. Megatrends are those that are shaping or will shape society in significant ways. Think AI, EVs, renewable energy, biotech, and more. Megatrend stocks are often large, established companies that are capable of sequestering a large market share for its own ends. Often, these stocks are
In 2023, electric vehicle sales surpassed 1 million units. But, the past few months showed lower production, slowing demand, and reduced EV investments. Despite macroeconomic challenges, certain EV stocks performed well at year’s end. The EV industry, seen as a lucrative future investment, stands out due to its relative newness. Compare it to mature markets
The artificial intelligence (AI) trade is alive and kicking. Companies tied to AI are rallying to start 2024 after a brief pullback. The continued upsurge in AI stocks comes as companies make announcements about increased production, new consumer products, and enhanced capabilities related to generative AI. The focus among analysts and investors this year centers
Cloud computing refers to all of the infrastructure required to store and host the internet and its websites including servers, data centers, storage, networking, and development tools located off premises. Individual users and institutional users alike utilize the cloud. Those services and infrastructure continue to grow at a rapid pace making cloud stocks an important
There can be temporary headwinds even for sectors that have multi-decade growth opportunities. These headwinds provide an opportunity for fresh entry for investors who have missed the previous sector rally. The electric vehicle sector has faced challenges in the form of intensifying competition, macroeconomic headwinds, and supply-chain concerns. Geopolitical tensions have also impacted growth, resulting
For years, big data has been quite the abstract theme for many investors who aren’t well-versed in data science. Indeed, many investors may still misunderstand what firms within the big data space bring to the table. From the analytics of massive data sets to tools that help enterprises better manage, visualize and interpret vast troves
The future of the U.S. economy is promising, marked by a robust recovery in the travel sector. In fact, spending and air passenger numbers are exceeding pre-pandemic levels. Leisure travel is resilient, and business and group bookings are on the rise, indicating a positive trend. International outbound travel is rebounding, contributing to a favorable outlook.
Several years ago, the idea of vegan stocks may have been laughable. We’re Americans and in America, we eat meat…real meat. That might have been the prevailing attitude and in some regions perhaps, that’s still the case. Nevertheless, thanks to the emerging Generation Z, a food paradigm might be shifting soon. Here are a few
The best way to grow your money is to put it in the right place. While investing in the stock market is a smart move, investing in dividend stocks is even better. If you are someone who enjoys passive income, you need to look for companies that have a strong dividend history, a stable balance
Investors often gravitate toward growth stocks in the pursuit of maximum returns. While blue-chip stocks offer a safer approach, growth-oriented investments contain more risk but far more upside. Some growth stocks generate more returns in one year than the S&P 500 can muster in five years. When growth stocks gain momentum, they can soar quickly. Some growth
There are ample evidences that suggest that the “buy and hold” strategy is possibly the best way to make millions from the market. While many investors can screen good ideas, there is lack of patience when it comes to holding stocks. The millionaire-making secret is to hold high-growth stocks that represent businesses with potential and