Throughout 2023, energy companies struggled compared to the large rally in 2021 and 2022. The benchmark for energy companies is the Energy Select Sector SPDR Fund (NYSEARCA:XLE), which had a share price decline of 1% in 2023. In 2024, crude oil prices are expected to remain around the $80 per barrel range. OPEC+ recently made supply
Tech stocks look promising in 2024. The sector is known for its high growth potential, and the predicted fall of interest rates later this year could improve the implied valuation of many companies. However, not all tech stocks are created equal; some hold more upside potential than others. Often, investors can find great opportunities where
At the end of every year, I like to make a list of big predictions for the financial markets in the upcoming year. Last year, I went 9 for 10, including correctly calling for a greater than 20% rally in the S&P 500 and a greater than 30% rally in the Nasdaq. Not too shabby.
Americans live longer than ever, and a handful of biotech stocks stand at the forefront of longevity’s future. Many misconceive anti-aging stocks as peddling some magic pill that inexplicably makes you live longer — that perception is pure fiction. While many treatments help extend your life if leveraged properly and consistently — namely, diet and
The global luxury market is set to reach $1.5 trillion by the end of 2023. Consumer behavior reveals a predilection for lavish products, even against an uncertain financial backdrop. Indeed, despite economic uncertainties, demand persists for luxury goods. This presents well for aspirational and opulent wares purveyors and allows investors to buy profitable luxury stocks.
Financial technology has become the focal point of our economy. Consumers are losing faith in traditional banks and fintech companies are making the most of it. Fintech stocks have shown impressive growth and the potential to deliver solid gains. The companies are leading the way toward digitization and offering an ideal solution to consumers looking
Excessive fear has created substantial opportunities in lithium stocks. And it’s time to get greedy, as Warren Buffett would advise. After considerable downside on lithium supply issues, many of the top lithium stocks are starting to come back strong, with producers still bullish. Better, as noted by Reuters, “In calls with investors and analysts in recent days,
The Dow is an index of 30 blue-chip stocks that are meant to be representative of the U.S. economy. It’s largely comprised of well-known companies whose brands are household names. While the Dow had a good year in 2023, rising 14% and hitting new highs, it trailed both the S&P 500 (up 25%) and Nasdaq
With the world going green, keep an eye on hydrogen stocks. Over the last few days, the Biden Administration announced new guidelines on hydrogen tax credits. According to The Verge: “The tax credit, called 45V, can save companies up to $3 per kilogram of production if they can meet the tough new standards proposed. They’ll have
As we usher in 2024, quantum computing stocks are not just buzzwords but pivotal players in a technological revolution. Quantum computing, a field brewing for decades, currently stands at the forefront of innovation. It’s a realm where the peculiarities of quantum mechanics converge to forge computing power, effectively dwarfing traditional methods. Moreover, though quantum computing
In the stock market, the spotlight focuses brightly on the large-cap giants, overshadowing the potential of hidden millionaire-maker stocks that can lead to riches. The article explores the fundamentals of three stellar companies that could make you a millionaire by 2026. Amidst economic fluctuations, these millionaire-maker stocks showcase their adaptability, strategic edge and focus on
Reddit, often touted as “the front page of the internet,” has effectively evolved into a bustling hub for stock market enthusiasts. Several investing subreddits stand out among the various forums it offers, drawing in millions with their rich discussions on different market trends and predictions. These forums’ influence has become incredibly profound, so it’s common
The year 2023, in terms of technology, was an incredible year. It was the year in which artificial intelligence and other sectors within technology were boosted. This new year we can also take advantage of a good tech rally with companies that have great potential. Here are three millionaire-maker tech stocks that you can analyze
Growth stocks surprised many investors last year after rebounding from a disappointing 2022. With the New Year upon us, investors are wondering if growth stocks will follow a similar script or veer off course. This drove us to write this list of the top growth stocks to watch in 2024. While the broad market’s
E-commerce has revolutionized shopping, enhancing the experience and the breadth of selection. Today, the e-commerce share of global retail sales is above 20%. The days of pure brick-and-mortar stores are long gone, and e-commerce retail stocks are taking over. Over two decades ago, Amazon (NASDAQ:AMZN) began the online retail trend. It pioneered online ordering and
You can go small or you can go big, but ahead of market ambiguities, investors may be best served with mid-cap stocks. Sure, the sector might sound a bit boring. After all, the small-capitalization ideas offer blistering return potential. And the blue chips deliver maximum (relative) safety. The midcaps? We’re talking about a compromised arena.
2024 promises to be a lucrative year in the stock market for many reasons. First of all, the Federal Reserve is on track to begin easing off in its efforts to cool an overheated economy. Interest rates are set to decrease with multiple projected cuts on the horizon. Beyond that though, the world continues to evolve
You know what I hate about the typical article about hottest dividend stocks to watch? You’re excited about adding passive income to your portfolio, only to read about company after company that pays a dividend yield of 1%. Like, seriously – you would need a boatload of shares to see substance from such a lowly
What’s one of the best ways to start the new year? From an investment perspective, consider exposure to stocks with dividend yield over 10%. Indeed, a robust dividend yield is like a quarterly pay-check for investors. And, a strong dividend portfolio is as important as considering exposure to some high growth stocks for robust returns.
As we ring in a new year, investors have plenty to consider when it comes to rebalancing their portfolios. In 2023, AI stocks were among the leading gainers. Accordingly, outsized interest is expected in this group throughout the new fiscal year. The prevailing theme that AI stocks will continue to provide exceptional performance and market-beating