After reporting second-quarter 2024 adjusted profits that fell short of Wall Street’s expectations, Tesla (NASDAQ:TSLA) really needs some good news. Despite positive news for Tesla in China, considering the big picture, we can’t recommend Tesla stock. Tesla is entering an untested Chinese market. This will be another business venture to distract Tesla CEO Elon Musk
0 Comments
In the volatile stock market, understanding when and what to sell is equally vital as knowing when and what to buy. Here, the focus is on three beaten-down stocks to sell due to their fundamentals. These fundamentals can point to a potential downturn when the market punishes weaknesses. The first company, a leader in systems
0 Comments
Trump Media & Technology Group (NASDAQ:DJT) is a social-media business, but Trump Media stock moves with Donald Trump’s political fortunes. Plus, DJT stock will have a strong connection to cryptocurrency, and particularly Bitcoin (BTC-USD). The Trump Media share price may not always mirror the Bitcoin price. The two assets are now connected because of Trump’s stance
0 Comments
Cannabis stocks initially sounded like a compelling opportunity when Canada became the first G7 nation to legalize recreational marijuana. At the time, the popular belief was that the U.S. would eventually follow suit. After all, the war on drugs has largely been a failure. Concerns also sprouted to the forefront about the social injustices tied
0 Comments
Big Tech companies are spending huge amounts on artificial intelligence (AI) in efforts to benefit from deploying the technology down the road. According to The Financial Times, Big Tech firms increased their capital expenditures by 50% in 2024 to $100 billion in order “to build the infrastructure supporting artificial intelligence.” Among the firms benefiting from
0 Comments
Heightened volatility on Wall Street means contrarian stock picks can be a game-changer for savvy investors. A contrarian investing strategy involves buying overlooked assets with the expectation that they will eventually increase in value. This article highlights three picks that may defy current trends and offer significant upside potential. While many follow the herd, those
0 Comments
Telemedicine stocks could do no wrong during the pandemic. With millions on lockdown and still in need of medical care, telemedicine stocks, like Teledoc Health (NYSE:TDOC) ran from about $80 to a high of $288.80.  At the time, with the pandemic showing no signs of cooling, analysts at McKinsey estimated “that up to $250 billion, or 20% of all Medicare, Medicaid, and commercial outpatient,
0 Comments
The electric vehicle industry is experiencing challenging times. Macroeconomic headwinds have impacted growth, and intense competition has translated into margin compression. Sentiments have changed from bullish to significantly bearish. However, if there was a time to buy quality EV stocks, it’s now. This column focuses on three EV charging stocks to buy that are moving towards
0 Comments
Suddenly we’re headed for a recession. Or so it seems on Wall Street. Weak jobs and manufacturing data raised fears that the economy is slowing more rapidly than expected. This has led to an acceleration of the stock market selloff that began in July, with the technology-laden Nasdaq Composite index officially entering a correction, defined
0 Comments
Considering Beijing’s fluctuating economic cues, betting on the best Chinese stocks may seem odd. Recent data shows that the Chinese economy grew 4.7% from April to June, down significantly from the 5.3% gain in the prior year quarter. Challenges, including the housing slump and weaknesses in industrial output, have weighed down market sentiment.  However, Alex
0 Comments
Lucid Group (NASDAQ:LCID) stock is a relatively new entrant in the electric vehicle (EV) industry focusing on the premium and luxury segments with state of the art vehicles. Based on its first model, the Lucid Air, the company has gained much attention for its sophisticated battery technology and best-in-class efficiency.  This article will present the
0 Comments