Anything is possible on Wall Street. For all we know, Lucid Group (NASDAQ:LCID) stock might stage an improbable turnaround in 2024. LCID stock is only rated “D” due to lack of evidence supporting an unlikely scenario. Without the help of some unanticipated catalyst this year, Lucid just won’t be a high-confidence pick. Please don’t get the wrong idea. The
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In this article WMB CIVI KIM Follow your favorite stocksCREATE FREE ACCOUNT Eric Greager, President and CEO of Civitas Resources, at the NYSE, November 9, 2021. Source: NYSE As investors confront uncertain markets in the short term, dividend paying stocks could offer some portfolio stability and income. Analysts have dug into the details on dividend-paying
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The stock market has started 2024 on a high note. With inflation cooling, the economy improving and companies ready to report their quarterly results, there is a lot to look forward to. While some companies are recovering from the bloodbath of 2023 caused due to high inflation and low consumer spending, several stalwarts have been
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In December 2022, I discussed three overpaid CEOs and why investors should sell their underperforming stocks. One of the CEOs was Chad Richison, the founder and chief executive of Oklahoma-based Paycom Software (NYSE:PAYC), a cloud-based payroll and human capital management software provider. PAYC stock had gone sideways for 36 months. I wasn’t impressed.  Paycom shares
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Bank of America (NYSE:BAC) estimates that there will be 152 rate cuts by central banks around the world this year. This is reason enough to be bullish on a potential bull market for precious metals. This column discusses three undervalued precious metal stocks that are poised to deliver healthy total returns within the next 12 months. Besides potential
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The Nasdaq Green Energy Index ETF (NASDAQ:QCLN) is down by approximately 25% year-over-year suggesting various buy-the-dip opportunities exist in the renewable energy space. Although renewable energy stocks typically possess high downside risk, diversification benefits can be obtained by investing in them. Furthermore, the renewable energy arena possesses robust fundamentals. For example, the broad-based end market
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Renewable energy stocks had a rough year in 2023. The iShares Global Clean Energy ETF (NASDAQ:ICLN), which holds some 135 different clean energy public companies, fell more than 20% in 2023. Similarly, the Global X Solar ETF (NASDAQ:RAYS), which holds about 54 different solar names, plummeted 35.1%. Renewable energy companies had not convinced equities traders and investors that
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The best Web3 stocks this month will partially ride on the coattails of the most recent Bitcoin (BTC-USD) ETF approval. The spot ETF for Bitcoin should drive significant growth for the cryptocurrency in the future. This is because ETF providers will be required to purchase a large amount of the coin, which could cause the
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