The S&P 500 is within striking distance of entering official bull market territory. To qualify, the index would need to rise more than 20% from its previous low and hit a new all-time high. The popular benchmark crossed the first threshold and needs to close above 4,796.56 to achieve the second. It’s within about 75
Despite a downturn to begin 2024, certain stocks continue to stand out. While they might be divided on the overall direction of the market, analysts remain bullish on many individual stocks. They share common attributes. That includes solid earnings, strong competitive advantages, and catalysts that are expected to drive their share prices higher. Investors looking
Investing in smart cities stocks offers opportunities for investors to take advantage of the growing global trend towards sustainable urbanization. As smart cities are designed to improve their inhabitants quality of life through the use of technology, there are many tech and tech-adjacent companies set to gain from the expansion of this new modern way
The stock market remains volatile to start the New Year. Investors and analysts continue to look for clues as to whether the downturn seen during the first trading week of the year is a sign of bigger problems to come or if the bull market seen in the final months of 2023 will continue. In
Going into 2024, the stock market has seen a year-end rally resulting from the expected easing of interest rate hikes projected for 2024, reduced inflation, and other positive economic results. In 2024, investors must choose companies expected to grow in 2024 as they did in 2023. For an investment portfolio, it’s best to have a
The future of the US economy holds the potential for significant transformation, driven by technological advancements, innovation and evolving global dynamics. Investments in sectors like semiconductors are likely to play pivotal roles, fostering economic growth and job creation. The industry’s market value is predicted to increase to $1 trillion by 2030. We recommend jumping on
There’s no denying that Nio (NYSE:NIO) ended 2023 on a high note. The China-based EV maker’s “Nio Day” in December boosted NIO stock. Another development also helped to bolster sentiment for this popular play among those bullish on the vehicle electrification trend. However, as seen in more recent trading days, said rebound in sentiment is
Palantir Technologies (NYSE:PLTR) has deals with both private businesses and government entities. The company is a redoubtable force in cyber-defense but also enhanced its products/services with artificial intelligence technology. As we look into the new year for long-term picks, Palantir Technologies is a high-conviction tech company and PLTR stock earns a confident “B” grade. This doesn’t
With the “risk on” mentality of late 2023 fading fast thus far in 2024, it may be a good time to decide what are the meme stocks to sell. Mostly, because even if the macroeconomic picture improves this year, many of the most popular meme plays lack the fundamentals necessary to sustain their current stock
Skyworks Solutions (NASDAQ:SWKS), stock has long been seen as a cheap proxy for Apple (NASDAQ:AAPL), its largest customer. When sales are growing fast, analysts love to talk about Skyworks (which makes radio chips) getting away from that dependence. When growth is slow it hugs that dependence tight. For SWKS stock, 2023 was a tough year.
The transportation sector is poised to have multiple, positive catalysts in 2024. Although the economy is slowing, the economic expansion will probably continue. Interest rates are poised to drop this year, which could simulate large purchases, such vehicles. Also importantly, travel trends remain quite strong. AND, many companies in the transportation sector will receive a
In the investment space, uncovering stocks to sell with potential pitfalls is as crucial as identifying opportunities. This comprehensive review zooms in on the recent moves of three prominent companies that have sent ripples through the market. These aren’t just fluctuations, but indicators of underlying operational vulnerabilities, providing essential insights for investors seeking portfolio resilience.
The metaverse is here to stay, and no matter how difficult it is for companies to adapt it or make it usable, it is a tool that will contribute to our future and technology. Companies are developing incredible things and working tirelessly for the metaverse, here you have these three best metaverse stocks to take
Stable assets are underrated as many investors look for stocks that will crush the market. A big rally in 2023 has caused many growth investors to forget the lessons of a painful 2022. While these past few years have helped investors understand the benefits of a long-term approach rather than folding when it gets tough,
Apple (NASDAQ:AAPL) is off to a difficult start in 2024 with several analysts downgrading the stock and news that the Justice Department is preparing an antitrust lawsuit against the iPhone maker. However, investors would be foolish to bet against AAPL stock. Long-term, the stock is still a safe bet. Multiple Downgrades As recently as Dec.
After hitting new all-time highs in 2023, the S&P 500 is off to a slower start this year. The broad-based index is down 1.5% in the first week of trading. The first jobs report of the new year showed strong gains, which could cause the Federal Reserve to stand firm on the high interest rates
Machine learning is transforming sectors including healthcare and transportation, offering lucrative opportunities in the best machine learning stocks. However, investors should approach cautiously, as not all stocks in this sector ensure returns. Discernment is key, as many firms claim advanced machine learning needs more solid business models or definitive applications. Moreover, this sector branches into
One very promising and innovative area of technology is robotics. Finding the best robotics stocks is not only a stroke of luck for savvy investors looking to exploit this highly-growing industry. It is an adventure into world automation and artificial intelligence. These organizations are pioneering the use of advanced robotic technology in transforming various industries
In this article MDLZ KHC NES.N-CH ULVR-GB Follow your favorite stocksCREATE FREE ACCOUNT A customer shops in a Kroger grocery store on July 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Investors have cheered a new class of weight loss drugs for their ability to help people shed unwanted pounds, but the findings
This year, the best penny stocks may have their day in the sun. A buffet of companies to research and buy stock in is available to investors. But, not all of them are created equal. However, improving fundamentals are expected raise the best penny stocks. With that backdrop in mind, let’s explore some names that