Penny stocks can be likened to the crazy world of cryptocurrencies where multibagger returns come at the blink of an eye. As an example, Tilray (NASDAQ:TLRY) stock was trading at $2.5 in March 2020. In a euphoric rally that followed, TLRY stock peaked out at $63.9 in February 2021. More recently, Riot Platforms (NASDAQ:RIOT) stock
Stocks to buy
It’s nearly impossible to keep up with all the advancements in artificial intelligence (AI) stocks. In fact, as noted by TechXplore.com, “It has become nearly impossible for human researchers to keep track of the overwhelming abundance of scientific publications in the field of artificial intelligence and to stay up-to-date with advances.” What we do know
From facilitating student loan repayments to offering crucial business services, SoFi Technologies (NASDAQ:SOFI) serves a broad range of clients. I’ve been optimistic about the company and SOFI stock for a while, but this may be a time to exercise caution. Or better yet, SoFi Technologies investors can employ a careful strategy, which I will explain
The selloff in stocks continues. The downturn that began in August and accelerated in September is ongoing as we near the end of October. Since Aug. 1, the benchmark S&P 500 index has declined 7%. The drop in equities has largely been broad-based with few names or sectors spared. That said, there are a few
Everyone in the business media has a suggestion or two of what stocks Warren Buffett should buy or companies Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) ought to acquire. I’ve written several articles about Warren Buffett stocks in the past year. It’s hard not to do when Berkshire had $147 billion in cash available as of June 30.
You may not realize it based on mainstream market reporting the past few years, but EV stocks are more than a handful of high-risk speculative plays riding Tesla’s (NASDAQ:TSLA) coattails. Instead, if you’re bullish on the EV industry – as you should be, despite broader economic effects putting pressure on EV stocks – you should take a step back
Blockchain stocks are still popular despite Blockchain and decentralization being terms thrown around quite loosely these days. There are numerous reasons behind the popularity of the concepts. For one, globalization plays a big part as global sharing of human capital is on the rise. Unfortunately, the centralized banking ecosystem isn’t equipped to handle the speed
Hydrogen energy is still trying to find its space within the world’s energy grid. Unfortunately, relatively higher costs have prevented hydrogen energy from receiving as much investment as solar and wind projects. The Inflation Reduction Act passed by the Biden Administration in 2022 provides both tax incentives and subsidies to clean energy projects, and this piece
Dividend kings are companies that have raised their dividends for at least 50 consecutive years. Most of the companies that have achieved the latter milestone have had strong, growing businesses, excellent balance sheets, and sound fundamentals during most or all of the last 50 years. Without the latter characteristics, they would not have been able
Bank stocks have danced to a relatively volatile rhythm over the past year, with market downturns and growing withdrawals having orchestrated a rather challenging environment. However, there’s more to the U.S. banking sector’s symphony than meets the eye. Despite facing a myriad of challenges, including slowing loan growth due to pricey borrowing, rising deposit costs,
Hydrogen stocks could be some of the most explosive opportunities heading into the new year. For one, we already know major investment banks believe hydrogen could become a multi-trillion-dollar opportunity. Two, President Biden just invested $7 billion to build seven new hydrogen hubs throughout the U.S. In fact, according to the U.S. Department of Energy:
. The economy is healing as the largest economy in the world experienced its quickest pace of expansion in two years. This all happened during the third quarter. A resilient United States consumer base drove this growth, which poses a challenge for Federal Reserve officials. Officials are debating whether further policy tightening is necessary. During
Instacart (NASDAQ:CART) has been one of the more intriguing IPOs of the past year. In September, CART stock went public at $30 per share, surging to nearly $43 as investors piled in. However, the stock has since fallen back below its IPO price to around $25, as the market reassesses the upstart grocery delivery platform’s
Navigating the stock market’s current turbulence, investors with an eye for stability could potentially find solace in real-estate-investment-trusts (REIT). This is a gem among income stock picks. Despite its recent lukewarm performance, discounting REITs from an income-oriented portfolio would be remiss. Its robust yields and generous payouts offer an undeniable allure. REITs, aren’t just any
As the S&P 500 and broader markets enter unfamiliar territory, the best hydrogen stocks to buy in October have emerged. You can snap up these stocks at relative bargains down from their highs near the middle and start of the year. These companies have also recently reported positive developments in their fundamentals, making them undervalued. The
While artificial intelligence (AI) has made immense strides, text-based AI models admittedly still lack the nuanced understanding of the stock market that human experts can develop over years of experience. However, AI can be a useful tool for discovering intriguing investment ideas that we might not have otherwise considered. In this article, I decided to
In the battered fintech space, Block (NYSE:SQ) stands out to me as an intriguing turnaround play over the next few years. While the stock remains deeply out of favor today, I believe SQ stock is poised to soar as sentiment improves for this stock, the sector, and the market more broadly. There’s no denying Block
While the stock market shifts like tides and trends come and go, one constant remains: the pursuit of wealth. While the path to financial success varies from investor to investor, an age-old adage rings true: follow the money. Right now, the money is flowing into some unexpected places. In a landscape often dominated by technology
Third quarter earnings season has gotten underway and we have already seen the good, the bad and the ugly from corporate America. While it’s still early days, clear winners and losers have emerged with their Q3 prints. FactSet reports that, with only 17% of companies in the benchmark S&P 500 index having reported their Q3
There used to be a time when consumer staples stocks were considered indestructible. That was especially true during recessions. However, we aren’t currently in one, so the Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) is 20% behind year-to-date relative to the S&P 500 and 34% over the past five years. The question for investors is