Looking back in 2018, we might recall when the U.S. Supreme Court freed companies from an online gambling ban and allowed states to legalize sports betting. More than 30 states, including Washington, D.C., have since implemented some form of online gambling. Thus far, DraftKings (NASDAQ:DKNG) remains the dominant player in this sector, with a market
“A billion here, a billion there, and pretty soon you’re talking real money.” While a trillion-dollar price tag is likely more common in today’s inflationary times, only a handful of companies have managed to attain that real-money status. Apple (NASDAQ:AAPL) was the first to do so in 2018 but six other stocks have since attained
The task today is to find three smart energy stocks for 2024. That’s easier said than done. One needs to define what “smart energy” actually means. According to CNET.com, smart energy systems enable consumers to remotely save money on their electricity bills, optimize their solar panels, and provide a thorough understanding of their home’s energy
There are multiple reasons that investors should be highly interested in some appealing chip stocks at the moment. Several factors suggest that the semiconductor industry is poised to skyrocket in 2024. The first tranche of funding from the CHIPS Act was released at the end of 2023. The strong government subsidization of chips is one
There are ample opportunities among undiscovered penny stocks because there are two ways that shares can move higher. First, via price discovery. Undiscovered names, especially in the OTC market, can be undervalued and then re-rated as investors bid them up. Second, these small companies often see major improvements in performance. This, too, can be a
This will be the year Advanced Micro Devices (NASDAQ:AMD) enters the AI chip market, and the company is poised to directly challenge Nvidia’s (NASDAQ:NVDA) dominance. According to my AMD stock analysis, the chip maker’s untapped potential the AI revolution and semiconductor market trends make AMD’s stock a “Strong Buy.” Let’s take a closer look. TSM Is a
Tesla (NASDAQ:TSLA) stock is undergoing a reset in 2024. Shares are down 22% after just a month of trading as the electric vehicle maker dialed back expectations for growth. It says this year won’t be able to keep pace with what investors saw last year. As overall EV demand weakens, a Tesla stock analysis indicates the
Amazon (NASDAQ:AMZN) stock has had a great run and the company entrenched itself in every part of our life. From how we shop to the devices in our homes. At its current price level, it’s still around 17% below its all-time highs in 2021. In 2023, the stock has seen an amazing rebound. In 2024,
Over the past year, an investment in China-based electric vehicle manufacturer Nio (NYSE:NIO) has yielded poor results. Nio shares might seem like a bargain, but are they really? Today’s NIO stock analysis finds that it only deserves a “D” grade and has poor recovery prospects. Part of Nio’s problem involves competition from Tesla (NASDAQ:TSLA), but there’s more to
Identifying stocks with explosive growth potential in stock investments can seem like a shortcut to becoming a millionaire. Amidst the vast array of options, three stocks with growth potential emerge as compelling choices. These companies stand out for their strategic maneuvers, technological prowess and geographic expansion plans. Limbach (LMB) Source: Gorodenkoff/ShutterStock.com To begin with, Limbach
Digital health and healthcare technology companies operate in novel, booming sectors and offer unprecedented surge potential to equities investors looking to capitalize on the growing demand for technological solutions in the healthcare industry. The Covid-19 pandemic accelerated the adoption of digital health solutions such as online consultations, remote monitoring and digital prescriptions – on the
Looking for the best insurance stocks to buy in January 2024? Some say that “risk happens slowly, then all at once.” This notion highlights the value of minimizing risk and protecting yourself—and getting insurance is an excellent way to do both. They help consumers safeguard their livelihood, health, and other assets. Recent turbulent years have
Where does Costco Wholesale’s (NASDAQ:COST) value really come from? It doesn’t come from price-to-earnings (P/E) ratios or other traditional metrics. Rather, it comes from the loyalty of Costco’s members. Today’s Costco stock analysis will reveal a valuable truth: as long as there’s strong customer loyalty and resilience among the consumers, Costco shares will provide consistent value.
As the bull market charges ahead, savvy investors are effectively optimizing their portfolios, making it imperative to scrutinize the electric vehicle (EV) sector, once hailed as a paragon of portfolio growth. Currently, the industry is navigating through a tempestuous phase, branding certain struggling EV stocks as remarkably unattractive. EV pioneer and industry leader Tesla (NASDAQ:TSLA),
IonQ (NYSE:IONQ) has led the way among publicly traded quantum computing stocks with its trapped-ion approach that uses charged atoms for qubits. The company claimed the world’s mightiest 32-qubit quantum computer. Aiming at modular quantum computing, IONQ stock offers access through leading cloud platforms to strengthen its market presence. The company’s Q3 revenue came in
As the human world hurtles into a future shaped by cutting-edge technologies, the robotics sector stands at the forefront of transformative growth. The article delves into the promising trajectories of three robotics stocks, each with the potential for a staggering 250% growth by 2025. The first one’s focus on industry verticalization, with 70 tailored solution
In the world of investments, the allure of under-the-radar stocks gaining momentum is akin to discovering hidden treasures. Beyond the buzz surrounding well-established giants, the financial landscape holds secrets to lucrative opportunities. The article explores the fundamentals of three such under-the-radar stocks, all set to redefine the trajectory of returns by 2025. The first one’s
In the ever-evolving urban landscape, savvy investors are focusing on urban development stocks poised to capitalize on emerging trends. Retail sector growth is at the forefront, with a solid uptick in retail tenant demand, while the hybrid work model has cemented its place in the corporate world. Simultaneously, the integration of AI in real estate
The positive outlook for the U.S. economy is underlined by robust growth, with a 3.3% increase last year, outpacing the average pre-pandemic growth. Despite interest rates reaching their highest levels in over two decades, the economy remains resilient, boasting a historically low unemployment rate of 3.7%. The Federal Reserve’s potential rate cuts are seen as
The Bulls are back in charge on Wall Street. Major stock indices like the S&P 500 and Dow have powered to new highs recently, with the tech-heavy Nasdaq poised to follow. After months of solid job growth, strong consumer spending, and GDP expansion, we may be on the cusp of a new bull market. Add