The problem with finding stocks that could be the next Apple (NASDAQ:AAPL) or Amazon (NASDAQ:AMZN) is that you’re looking for a needle in a haystack. How many investors knew they had the tiger by the tail when buying either stock in 2010? Very few. So what should investors look for to find the next trillion-dollar companies?
Stocks to buy
Electric vehicle (EV) sales are picking up. The International Energy Agency (IEA) just released a new report that shows electric vehicle sales around the world rose 55% in 2022 and surpassed 10 million units for the first time. The IEA said that more than 26 million electric vehicles were on the roads in 2022, up 60%
As Morgan Stanley noted recently, artificial intelligence is poised to improve (and, I believe, revolutionize) many fields from content creation to internet search to e-commerce. And the firm thinks that AI “could help tech companies tap some $6 trillion in offline spending.” Since AI systems are literally built with computers that are powered by chips, buying the best AI
Humanity’s passion for exploring space has never been more palpable. An array of companies operating in space, both public and private, have been making waves in a burgeoning industry that propels people, cargo, and innovations skyward. From launching satellites to capturing Earth’s beauty, the sector redefines our cosmic ambitions pointing to an incredible long-term future
The cloud computing industry is booming, making it an attractive investment area. The need for cloud computing is set to rise rapidly in the years ahead, thanks to the secular growth in technology. In 2023, several trends are expected to shape the industry, such as the growing utilization of artificial intelligence, machine learning, edge computing,
The metaverse is a term that currently describes a single, shared, immersive, and constant 3D virtual space where we can experience life in ways we cannot in the real world. That explains the metaverse, according to techtarget.com anyway. I’m one who thinks the metaverse has clear ramifications for gaming stocks and tech in general. Gaming
Megatrends exist across many thematic areas of the stock market. Identifying these trends usually involves analyzing key factors such as technological breakthroughs, social change, urbanization, climate change, and global wealth shifts and capitalizing on them. The dawn of artificial intelligence is an important thematic focus right now. So is a shift away from fossil fuels
Gene editing stocks are one of the hottest sectors in medicine today. Genes are the foundation of life, and from creating new organisms to curing incurable diseases, the editing of genes can bring radical changes to life as we know it. That’s why CRISPR stocks that can edit genes have been in such demand both
The pandemic has had a tremendous impact on the world of retail. In the beginning, it caused consumers to shift buying habits rapidly toward digital means. As consumers engaged with more new payments options and methods of doing business, it seemed like it might be a golden age for e-commerce stocks. And yet, we’ve seen
Although we constantly receive conflicting messaging, we continue to be in the midst of a global economic recovery. That recovery translates to an opportunity for infrastructure stocks as building ramps up. Current expectations are that 2023 will result in 2.8% growth in the construction sector globally, with 3% growth expected next year. Inflation rates worldwide will
Every now and then, the stock market overreacts. Investors sell stocks because of fear, and solid businesses are mispriced. Savvy investors take advantage. For example, Warren Buffett’s net worth has grown to over $100 billion by purchasing mispriced stocks and waiting. Also, he is seemingly a fan of bank stocks. Buffett’s investment vehicle, Berkshire Hathaway
Buying dividend aristocrats is a reasonable strategy for those investors seeking long-term income. The equities in this group have paid increasing dividends for the past 25+ years, so they will likely continue to provide passive income for the foreseeable future. It’s a pretty select group, consisting of 68 publicly traded companies, all of which are
The performance of entertainment stocks tends to be closely tied to the economic wellbeing of the countries they operate in. This space could be in for a bumpy ride given the current environment and potential economic downturn on the horizon. It’s important to think about how these companies hook in their customers, whether they’re able
Cannabis stocks may appear to have gone up in smoke. But don’t count them out just yet. Many U.S. states and other countries are legalizing its use. So, it may only be a matter of time before they see higher highs. Plus, new polls confirm more Americans support its use. According to a CBS News
Electric vehicle demand is only set to accelerate, which will have a massive impact on EV battery stocks. According to the International Energy Agency (IEA), about one out of every five cars will be electric this year globally. Sales are expected to grow by 35% to 14 million this year alone, making up about 18% of the
There’s a lot of noise in the stock market right now. But if you focus on the one thing that matters most, you’ll be able to clearly see that this bear market is ending. And a huge new bull market is coming. The stock market has been on a wild ride in 2023. Up one
Electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) has a new majority-owned subsidiary that was formed through a joint venture. Already, Mullen Automotive has made a couple of positive announcements regarding that subsidiary. Therefore, the extreme drawdown in MULN stock looks overdone, and it’s a good time to start a share position in Mullen Automotive. It’s
Markets are improving, with the benchmark S&P 500 index up 9% on the year so far. The technology-laden Nasdaq index has gained 17% year to date. With a recovery underway, now looks like an opportune time for investors to wade back into high-growth stocks, while also looking for companies with attractive valuations. There happen to be
While still in the green for 2023 (up 26% year-to-date), SoFi Technologies (NASDAQ:SOFI) shares have languished at or near current prices over the past few months. Many uncertainties have been a drag on returns for SOFI stock. But these multiple layers of near-term uncertainty work to your advantage if you are a growth investor with
In the current polarized geopolitical landscape, there is much apprehension between China and US-led factions. This simmering mistrust has triggered a race for technology and military superiority. Consequently, cyber warfare has emerged as a major frontier for this contest. This article highlights the best cybersecurity stocks to buy as this crisis continues. Cyber-attacks have intensified