Many technology stocks are down from their mid-2023 peaks, and it might be tempting to go on a dip-buying expedition with Qualcomm (NASDAQ:QCOM) stock. However, there are too many problems to confidently recommend investing in Qualcomm in the fourth quarter. Last month, we warned Qualcomm has issues and isn’t out of the woods yet. The situation
Hydrogen stocks could be some of the most explosive opportunities heading into the new year. For one, we already know major investment banks believe hydrogen could become a multi-trillion-dollar opportunity. Two, President Biden just invested $7 billion to build seven new hydrogen hubs throughout the U.S. In fact, according to the U.S. Department of Energy:
. The economy is healing as the largest economy in the world experienced its quickest pace of expansion in two years. This all happened during the third quarter. A resilient United States consumer base drove this growth, which poses a challenge for Federal Reserve officials. Officials are debating whether further policy tightening is necessary. During
Covered call stocks allow investors to earn additional income from their positions. It’s a second dividend, and most publicly traded stocks are eligible for covered calls. You need to own 100 shares to sell a covered call. The seller receives a premium, but is obligated to sell their 100 shares at the designated strike price.
Navigating the stock market’s current turbulence, investors with an eye for stability could potentially find solace in real-estate-investment-trusts (REIT). This is a gem among income stock picks. Despite its recent lukewarm performance, discounting REITs from an income-oriented portfolio would be remiss. Its robust yields and generous payouts offer an undeniable allure. REITs, aren’t just any
Instacart (NASDAQ:CART) has been one of the more intriguing IPOs of the past year. In September, CART stock went public at $30 per share, surging to nearly $43 as investors piled in. However, the stock has since fallen back below its IPO price to around $25, as the market reassesses the upstart grocery delivery platform’s
While artificial intelligence (AI) has made immense strides, text-based AI models admittedly still lack the nuanced understanding of the stock market that human experts can develop over years of experience. However, AI can be a useful tool for discovering intriguing investment ideas that we might not have otherwise considered. In this article, I decided to
As the S&P 500 and broader markets enter unfamiliar territory, the best hydrogen stocks to buy in October have emerged. You can snap up these stocks at relative bargains down from their highs near the middle and start of the year. These companies have also recently reported positive developments in their fundamentals, making them undervalued. The
Interest rates are soaring, the economy faces many challenges and the Federal Reserve remains aggressive in its campaign to stamp out inflation. Amid this uncertainty, investors are turning to dividend stocks for solid income during these worrisome times. However, you should be careful when picking dividend stocks. Not all income yields are created equal. In
In the battered fintech space, Block (NYSE:SQ) stands out to me as an intriguing turnaround play over the next few years. While the stock remains deeply out of favor today, I believe SQ stock is poised to soar as sentiment improves for this stock, the sector, and the market more broadly. There’s no denying Block
There used to be a time when consumer staples stocks were considered indestructible. That was especially true during recessions. However, we aren’t currently in one, so the Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) is 20% behind year-to-date relative to the S&P 500 and 34% over the past five years. The question for investors is
Third quarter earnings season has gotten underway and we have already seen the good, the bad and the ugly from corporate America. While it’s still early days, clear winners and losers have emerged with their Q3 prints. FactSet reports that, with only 17% of companies in the benchmark S&P 500 index having reported their Q3
While the third-quarter earnings season has gotten off to an okay start, there have been a handful of ugly prints that raised eyebrows among investors. They also sent Wall Street analysts running to revise their future forecasts. Some notable names came out with disastrous Q3 financial results, hurting their reputations and sending their stock prices
While the stock market shifts like tides and trends come and go, one constant remains: the pursuit of wealth. While the path to financial success varies from investor to investor, an age-old adage rings true: follow the money. Right now, the money is flowing into some unexpected places. In a landscape often dominated by technology
Will global movie-theater chain AMC Entertainment (NYSE:AMC) get a revenue bump from a few box-office winners? Yes, but this doesn’t mean AMC stock will stage a miraculous recovery in the fourth quarter. For the time being, it’s wise for prospective AMC Entertainment investors to sit on the sidelines and enjoy a movie or two. I’ll admit,
Investors seem to be sliding down the wall of worry faster than they made a difficult climb. That usually means that investors will flee growth stocks in favor of income or value-oriented investments. With that in mind, it may be time to scan your portfolio for growth stocks to sell. So what is concerning
In this article NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT George Frey | Reuters Most analysts predict the market for new weight loss drugs like Wegovy and Mounjaro will be enormous, but estimates vary for its exact size depending on who you ask. On Monday, Citi raised its estimate for incretin drug sales to
Thanks to Microsoft’s (NASDAQ:MSFT) $69 billion acquisition of Activision Blizzard on Oct. 14, Lululemon (NASDAQ:LULU) was chosen to replace it as one of the select S&P 500 stocks. As is usually the case when a stock is added to the index, LULU stock gained 10% on the news since funds that track the index must
Andrew Kelly | Reuters The bond vigilantes are coming back as investors continue to sell amid the prospect of higher-for-longer interest rates and a growing fiscal deficit, according to Kevin Zhao, head of global sovereign and currency at UBS Asset Management. The yield on the benchmark 10-year U.S. Treasury note rose above 5% once again
Elon Musk is under fire again. This time, it’s due to Tesla (NASDAQ:TSLA) itself, and shareholders are facing quite the heat as the stock has tumbled almost 20% from its October peak. However, even lifelong Tesla bulls agree this time is different. That’s because Elon Musk’s handling of the recent earnings call was very pessimistic