Undervalued penny stocks are probably the most sought-after names for retail investors. Besides the low-price factor, penny stocks are known for providing some high adrenalin price-action. However, it’s also a space for speculation and losses can be significant if wrong bets are made. My basic idea is to screen undervalued penny stocks and hold them
As someone who has dabbled with high-stakes assets like cryptocurrencies or options trading, I can tell you that there’s a certain feeling of confidence with long-term stocks to buy that you just don’t get through extreme speculation. Recently, I shared my step-by-step account of trading Biomea Fusion (NASDAQ:BMEA) options. One element that I discovered was
There’s nothing artificial about Nvidia’s (NASDAQ:NVDA) parabolic stock market run. The chip giant, fueled by strong sales of AI-powered processors, has surged more than 40% already this year and is now worth a staggering $1.73 trillion. The stock is trading at a record high, having recently passed the $700 threshold. If Nvidia, which is due
Warren Buffett was a net seller of stocks over the first nine months of 2023. When Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) releases its fourth-quarter report, it will likely show he sold more stocks than he bought for the full year. Last year, there were nearly $33 billion in stock sales to just $9 billion in purchases. He
The benchmark S&P 500 index is at a record high and on the cusp of closing above 5,000 for the very first time. While the index is comprised of the 500 largest publicly traded companies in America and is viewed as a diverse collection of both small and large cap stocks, its gains continue to
Despite challenges such as rising national debt, an aging population, and increased interest expenses, the positive future of the U.S. economy is underscored by recently enacted legislation to curb federal spending and stronger-than-expected economic growth. The Congressional Budget Office’s report indicates that annual deficits over the next decade are 7% smaller than previously forecast, partly
Before the surge in popularity of Microsoft-backed OpenAI’s ChatGPT, the tech industry was abuzz with discussions about a different groundbreaking concept: the metaverse. Investors rushed to gain exposure to the “next big thing.” However, be cautious because many of these doomed metaverse stocks and companies behind them find themselves in trouble a few years later.
The global shift towards sustainability and the burgeoning green energy revolution is undeniably reshaping the world’s energy landscape. With governments worldwide rallying to slash global greenhouse gas emissions and pivot towards renewable energy sources, the future seems bright for green energy investments. Amid this transformative era, identifying green energy stocks to sell becomes a pivotal
Amid recent market volatility, certain growth stocks gained favor, but many deserving businesses remain overlooked. As 2024 becomes more welcoming for bullish investors, most investors also seek fresh opportunities in different stocks. Smart stocks that can outperform in times of uncertainty may trade at a higher premium, and are increasingly in higher demand. In recent years,
Some stocks appear doomed. That is usually because the companies behind them are failing to execute their plans, posting disappointing financial results, hemorrhaging cash, losing market share or all of the above. The result is stocks that only seem to decline in value, dragging their shareholders’ portfolios down with them. The key to successful investing
The video gaming business continues to be the fastest growing segment of the entertainment industry. Grand View Research forecasts that the global video game market will grow at a compound annual growth rate (CAGR) of 13.4% between now and 2030. Eventually, it will reach $583.69 billion in revenue for consoles, hardware, and games combined. Video
Bitcoin (BTC-USD) seems to be in a zone of consolidation before the next big rally. With several catalysts, I expect a major bull market for cryptocurrencies over the next 24 months. With the rally just getting started, it’s a good time to accumulate cryptos with millionaire potential. If the previous bull market is anything to
Defense stocks consists of equities investors turn toward during economic or geopolitical tumult. These can include manufacturing giants of planes, drones, tanks and other products used during conflicts. These days there is not only a war in Ukraine but also one in the Gaza Strip. As a result, many investors have invested in defense stocks
You can’t look at the electric vehicle (EV) sector without considering battery stocks. That’s because batteries, specifically lithium-ion batteries, are as essential to the EV market as semiconductor chips. In this emerging sector, there are still many battery stocks with millionaire potential. Here’s why: A 2022 analysis by McKinsey forecasts that the entire lithium-ion battery
The streaming stocks have been quite a mixed bag in recent quarters, with the streaming king and pioneer Netflix (NASDAQ:NFLX) continuing to surge above and beyond expectations. Indeed, the sheer strength in NFLX stock makes it seem like we’re living back in the days of FAANG. As Netflix’s rally gets long in the tooth, many investors may wonder what’s
Navigating the intricacies of the stock market requires strategic foresight when selecting the best large-cap stocks to buy. This is the reality, especially when identifying opportunities with robust long term growth prospects. As investors continue to seek avenues to maximize returns, it is also important to consider the potential downside risks. Warren Buffett famously quoted
Artificial intelligence has advanced incredibly and surprisingly. We may feel that the advances the sector has had are very abrupt, but we should think that we are just in the early stages of the great era that is coming. We are only in the initial stages of development, and the advances we have seen so
Anyone who expected Nvidia (NASDAQ:NVDA) to stall out after last year’s big rally is sorely disappointed. The stock is up 38% just one month into the new year. With shares trading at a lofty premium ahead of earnings, it’s tempting to think all the good news is priced in. Even the slightest hiccup could send
The upheavals of 2023 rattled the housing market, witnessing soaring mortgage rates and stalled sales. In short, it created uncertainty for real estate investment trusts (REITs). Wary of the lurking doomed REITs, investors are now scrutinizing their portfolios. And they stand poised to pivot as the market sends signals of impending shifts. A silver lining
Despite recent economic indicators like GDP and consumer sentiment suggesting resilience in the U.S. economy, that doesn’t mean all consumer stocks are booming right now. In fact, there are plenty that are best described as doomed consumer stocks. For some of these names, macro-related challenges are negatively affecting their operating performance, leading to big price