The so-called “Magnificent 7” are a group of mega-cap tech stocks that have absolutely dominated the markets in recent years. Investors who remained loyal to these stocks through thick and thin have beaten the market by a wide margin. Unsurprisingly, many investors are willing to let this trade ride. However, large-cap stocks can see their
In dynamic stock investments, pursuing the next big opportunity often leads investors to seek promising ventures with the potential for substantial growth. Among the plethora of options, three stocks under $15 are emerging as strong contenders, projected to triple in value by 2026. The first one, the electric vehicle (EV) giant, suggests strategic dominance in
Do you want to be a beginner or a professional? Beginners get shaken out of perfectly good stock positions with each and every headline. Meanwhile, professional investors know that Tesla (NASDAQ:TSLA) is a leader among electric vehicle manufacturers. They stand by their investments, and I encourage you to buy and hold TSLA stock when it dips even if the
Lithium prices have been crushed. But that’ll happen with oversupplied markets, and lower demand for electric vehicles thanks to higher interest rates. However, with some lithium mines shutting down or reducing production we could see less supply. This could help stabilize prices and send lithium prices higher with demand. All of which could be good
The cybersecurity industry has a $2 trillion market opportunity. As the record number of ransomware attacks showed last year, threats are rising, and businesses need to bolster their defenses. In such a backdrop, cybersecurity stocks are a top industry to invest in. Several tailwinds underpin spending on cyber defense. First, rising threat levels make cybersecurity
Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is a “Magnificent Seven” member with investments in artificial intelligence technology. The bull case for GOOG stock is strong, but some traders might be concerned about Alphabet’s layoffs. There’s no need to worry, though, since Alphabet’s job cuts are probably necessary for the company’s long-term growth. Of course, Alphabet isn’t
I often use and write about contrarian investing. That involves trying to identify stocks whose value is being greatly underestimated by the market. Contrarian investors believe that Wall Street will eventually realize the extent to which stocks they have bought are undervalued. That’s the method that I often use. But sometimes, I employ momentum investing.
Nvidia (NASDAQ:NVDA) has proved to be a standout holding for long-term investors. Indeed, one look at Nvidia’s stock chart over essentially any time frame shows what investors hope to see. That is, a line moving up and to the right, rather consistently. This will have big implications for NVDA stock holders in the future. Of
It seems likely that as mortgage rates continue falling and consumer confidence restabilizes, the U.S. housing market will finally stage a huge recovery this year. That’s why we’re confident that housing stocks will be one of the best ways to make money in 2024. And in fact, it seems the housing market recovery has already
Given the bad news circulating in the last quarter of 2023 about the health of the electric vehicle industry, it’s not surprising that Rivian (NASDAQ:RIVN) stock is down 26% so far in 2024. The Jan 17 target price downgrade of Rivian by Deutsche Bank analyst Emmanuel Rosner contributed to the decline. The analyst cut the 12-month
In this article DASH AMZN NVDA Follow your favorite stocksCREATE FREE ACCOUNT An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022. Stefani Reynolds | Afp | Getty Images Worries over the prospect of elevated interest rates for a longer time horizon linger on investors’ minds, even as
Having avoided a much-dreaded recession last year, investors may feel emboldened to consider risk-on assets, thereby ignoring top-rated value stocks. However, that could be a mistake. Don’t get me wrong – growth-oriented enterprises may see robust tailwinds, especially if interest rates decline. But that prospect might not be guaranteed. You want to be prepared for
Though the dominance of Nvidia (NASDAQ:NVDA) is unquestioned – especially with the rising prominence of generative artificial intelligence – it’s also worth pointing out that other chip stocks exist. Now, they might not offer the radical paradigm shift that NVDA sparked last year. Frankly, it’s difficult to make lightning strike twice. However, from a value
Fueling the main narrative for undervalued tech stocks to buy in January is the rotation principle. With the usual suspects still garnering much attention, it’s tempting to continue riding the same horse. However, a better idea may be to consider innovators that just haven’t received much attention. For example, everyone seemingly loves talking about Nvidia
Microsoft (NASDAQ:MSFT) stock represents the U.S. market’s most valuable company overtaking Apple (NASDAQ:AAPL) by capitalizing on AI with Co-Pilot, a $20/month add-on to Microsoft Office 365. With 345 million subscribers, Office was a $63 billion business in 2022, with one-third of revenue coming from the U.S. If even 10% of those users buy the add-on,
Since March 2022, SoFi Technologies (NASDAQ:SOFI) stock has traded in a tight range between $5 and $10. The fintech’s share price almost reached double digits at the end of 2023, its highest level since last July’s 52-week high of $11.70. SOFI traded over $25 in January 2021, which is hard to believe. It’s spent enough
When investors stopped thinking about stocks to buy for high inflation, the U.K.’s Office of National Statistics (ONS) delivered a jolt to the system. On January 17, the ONS reported that the Consumer Prices Index (CPI) rose by 0.4% in December. This pushed the annual inflation rate to 4.0% from 3.9% in November. Increasing prices
The future of the U.S. economy appears promising as indicated by recent economic reports. The Federal Reserve’s Beige Book regional survey suggests that while manufacturing has faced some decline, strong travel activity and optimistic expectations from businesses, driven in part by the prospect of lower interest rates, contribute to a positive outlook. Additionally, buoyant retail
Are you very forward-looking and don’t mind speculating on future trends? If this describes you, then you’ll definitely want to take a look at Joby Aviation (NYSE:JOBY) stock. You’ll want to have a long time frame, though, as Joby stock is involved in an industry that’s still in its early stages. Specifically, Joby Aviation manufactures electric vertical
The appeal of electric vehicle (EV) stocks is clear to many investors. With the market size forecast to grow from $438.18 billion in 2023 to $1.09 trillion by 2030 at a CAGR (compound annual growth rate) of 13.92%, it’s easy to see why so many are keen to embrace this form of sustainable investing. The