With the United States economy demonstrating strong performance recently, Federal Reserve officials are considering to double their 2023 growth projections. Economic data has consistently exceeded analysts’ and economists’ expectations, prompting the unofficial estimate from the Atlanta Federal Reserve to suggest a 5.6% annualized expansion in Q3 2023. Furthermore, the new projections, set to be released
Stocks to buy
A September rally may not be in the cards for financial stocks, as the stock market is off to a lackluster start during this historically very poor month for equities. To make matters worse, Wall Street is upset by slight increases in interest rates and oil prices that we’ve seen so far in September. However,
Do you want to diversify your portfolio to the next level? Investing in industrials stocks can offer exposure to a diverse set of innovative businesses that have the potential to grow and generate long term profits. Industrials are a vital part of the economy, providing goods and services that support various companies and consumers. They
E-commerce offers consumers a more convenient solution to buy their favorite products. Instead of commuting to the nearby store, shoppers can buy products online from the comfort of their homes or anywhere else, creating big opportunity for some of the best e-commerce stocks. This trend has become a popular way to spend money, with companies raking
If global leaders plan to have millions of electric vehicles (EVs) on the road by 2030, they’re going to need a good deal of charging stations, too. With that, we wanted to take a quick look at some of the best EV charging stocks to buy and hold today. Right now, just in the U.S.,
Stocks fall into two primary categories: value and growth. Value stocks represent established firms with stable finances, while growth stocks are typically dynamic, youthful, and disruptive companies. Unlike value stocks, growth stocks reinvest profits to fuel rapid expansion instead of paying dividends or buying back shares. For long-term investors, the upside can typically be higher
All of today’s top tech stocks have one thing in common. They began as unprofitable, small-cap firms before exploding into the mega-cap monoliths of today. True, many tech stocks didn’t survive the post-Dot Com purge. Yes, today’s top tech stocks enjoyed an unprecedented bull run driven by low rates and continual monetary policy tweaking. However,
Peloton Interactive (NASDAQ:PTON) reported horrid Q4 2023 results on Aug. 23. PTON shares lost 22% on the news. As fitness stocks go, Peloton is not your friend if you want to make money. Not only did the company lose 68 cents per share in the fourth quarter, 30 cents more than analyst expectations, it also
Many renewable energy stocks have been trading sideways over the past couple of years. Indeed, that may surprise some investors, considering the initial excitement around this sector and announced government stimulus for green energy. However, the long-term shift towards renewable power is still very much underway as countries aim to reduce carbon emissions and reliance
Over the past decade, cloud computing has been a core component for many thriving enterprises. All ranges of businesses, from streaming platforms to financial services, have embraced the technology. Today, the best cloud computing stocks are still helping enterprises migrate data and applications to the cloud. Cloud computing technology provides on-demand services such as networking,
Here’s a look at seven stocks to buy and hold onto for the long haul. Tech stocks aren’t the only drivers of wealth in today’s economy, although many may be quick to tell you otherwise. Instead, investors should seek diversification wherever possible — across industries, geographic locations, size, scale, and more. A well-balanced portfolio is
Inflation is down from the 40-year highs it registered in 2022. However, I hate to be the bearer of bad news, but any moderation is likely to be over. That’s why it’s still time to keep an eye out for some of the best inflation stocks. The biggest reason for higher inflation is that oil
Pharma stocks can be a great way to add profits to your investment account. Companies that make lifesaving medications or develop treatments to ease symptoms can be true moneymakers. Finding the best pharma stocks to buy is well worth your time and effort. But finding the right pharma stocks to buy can be tricky. You
The banking sector has been in the spotlight this year, as a series of events shook the industry and the markets. In March, a wave of bond selloffs triggered by rising inflation expectations caused massive losses for banks holding long-term debt securities. In April, several regional banks collapsed due to liquidity problems and credit quality
Here’s a billion-dollar question for you. Why hasn’t PayPal (NASDAQ:PYPL) stock participated in the massive tech-stock rally of 2023 so far? A main reason is the market’s feelings of reluctance and uncertainty about PayPal during this transitional period for the company. So, if you’re willing to take on some risk, you might have a chance
Fintech, or financial technology, is a sector that has been growing rapidly in recent years, offering innovative solutions for payments, banking, lending and investing. The best fintech stocks leverage digital platforms, data analytics, artificial intelligence and other technologies to provide faster, cheaper and more convenient financial services to consumers and businesses. Of course, not all
Despite mortgage rates that are at 8% in some areas of the country, the housing market remains relatively strong. While some investors will dismiss investing in the sector as reckless speculation, Warren Buffett is buying the sector. That’s not the only reason there may be a bullish setup for the best homebuilder stocks. Earlier
In today’s fast-paced financial landscape, investors constantly search for robust avenues to grow their wealth. Enter financial services stocks—a sector brimming with potential and diversity. From banking stocks to fintech innovators, the scope is broad, offering a bouquet of options for investors with varying risk appetites. The dynamism in this segment is underscored by the
Communications stocks are arguably more important than ever. Whether it is broadband internet, text messages, telephone calls or voice mail, communications dominate our daily lives more than at anytime in human history. The companies that build the infrastructure, equipment, and technology that enables today’s sophisticated communications are, for the most part, essential to our modern
Some of the most speculative ideas are the targeted short-squeeze stocks. To better understand what’s going on, it’s helpful to think of a timed chess match. If you have all day to think about your next move, you will be less likely to blunder your pieces. However, when you have only five minutes in the match,