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From monetary policy tightening in 2022 and 2023, the world is moving towards expansionary monetary policies next year. The Bank of America (NYSE:BAC) expects that central banks globally will cut rates 152 times in 2024. Besides excess liquidity potentially supporting asset markets, the likely rate cuts will boost global growth. I would therefore remain optimistic

X marked the spot for investors on Monday. Shares of U.S. Steel (NYSE:X) surged more than 25% on the news that Japan’s Nippon Steel had agreed to buy the iconic Pittsburgh-based steel company for $14.9 billion. But what does the deal mean for other steel companies? Wall Street is betting on more upside for the

As we enter a new year, investors seek blue-chip stocks that will outperform the market. However, identifying these stocks won’t be an easy task at hand. After the 2022 bear market, large-cap technology stocks led the market rebound in 2023. Therefore, buying them at these levels may not be the wisest decision.  There exists an

Flying car stocks are booming among retail investors as the technology approaches full-scale deployment. Last week, the Japanese company NEC tested a passenger-carrying aircraft. The vehicle stayed airborne for a minute. But Japan isn’t the only country eager to launch passenger-carrying aircraft. Dubai, Singapore, and New Zealand are among other countries ready to get in

Christmas has come early on Wall Street thanks to the U.S. Federal Reserve. The central bank’s last interest rate decision of 2023 delivered everything investors wanted to hear. The Fed held its benchmark interest rate steady in the 5.25% to 5.50% range and forecast three interest rate cuts in 2024. All three major U.S. stock

Space exploration is no longer the stuff of science fiction. It was about a $447 billion industry last year. But researchers from McKinsey are forecasting this sector to grow to $1 trillion by 2030. That makes now a good time to look for moonshot space stocks. For many investors, a moonshot into space exploration may

Few investment strategies on Wall Street have proven to work as effectively as buying dividend stocks. Over the past 100 years, dividend payers outperformed those who didn’t pay a dividend by a wide margin. There is good reason for that. Companies that share their success with investors are successful and profitable ventures with goods and

Value stocks are in a good place at the moment, and I’m not merely basing my argument on the fact that the Vanguard Value Index Fund (NYSEARCA:VTV) has surged by more than 5% in the past six months. In fact, I believe forward-looking variables are well-aligned for the best value stocks to hit the ground

In the relentless and dynamic waves of the cryptocurrency market, the resilience and adaptability of key players hold the essence of value growth. Amidst the volatile realm of digital currencies, three distinct names illuminate the landscape with their strategic moves and operational prowess. These companies, symbolic of the crypto industry’s dynamism, exhibit remarkable growth trajectories.

In an economy tackling persistent inflation, where core prices edged up in November, and the year-on-year core rate remained at 4%, investors are looking toward the future. On a more positive note, with anticipated rate cuts on the horizon post-Fed’s recent meeting, the focus shifts to inflation-resistant investments. Consumer staples stocks emerge as a smart

Fintech stocks represent companies that have built and continue to build payment platforms. The financial space continues to evolve away from traditional fiat money and toward more digital innovation. The space is characterized by annual growth rates that should continue at approximately 14% through 2030. The expectation of strong growth should be enough to continue to

Lithium stocks continue to look particularly intriguing at the moment. Their prices remain low, mainly due to weak demand from China, the world’s largest electric vehicle market. However, the long-term outlook continues to be strong for electric vehicles and the lithium used to produce EV batteries. Lithium prices are again approaching their pre-pandemic levels, which suggests that now

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. When you think of stocks that can double your money, what comes to mind? Tech investors might immediately consider high-growth unicorns. Rocketing startups like Uber Technologies (NYSE:UBER) and Airbnb (NASDAQ:ABNB) can turn small seed

Advanced Micro Devices (NASDAQ:AMD) has unveiled the “Ryzen 8040” microchips designed to enhance AI applications by 60%. Set for integration into laptops and PCs from Q1 2024; these chips are anticipated to drive revenue and stock performance for AMD stock. Additionally, AMD’s MI300X accelerator microchip, a competitor to Nvidia’s high-powered AI chips, is now available.

EHang (NASDAQ:EH), a global passenger autonomous aerial vehicle technology platform company, focuses on producing AVVs for passenger transportation, logistics, smart city management, and aerial media products. Recently, China’s Civil Aviation Administration officially approved EHang’s unmanned aircraft cloud system, enabling commercial operations. This will have big implications for EH stock. The company is expanding its global

SoFi Technologies (NASDAQ:SOFI), a leading online financial platform, provides diverse services such as personal loans and mortgages. With 44 million U.S. student borrowers, rising personal loan demand is anticipated, benefiting SoFi. Boasting notable growth, it attracted 717,000 new users, signaling a shift in consumer preference towards its services. This growth has important implications for SOFI stock.

In the labyrinth of the stock market, discovering penny growth stocks often promises exhilarating prospects. This article navigates through the tumultuous waves of investment options, spotlighting three promising penny stocks. These companies illuminate diverse sectors: biotechnology, information technology, and autonomous vehicles, respectively. The first one’s pioneering clinical trials target autoimmune diseases and oncologic disorders. Meanwhile,

One can say Joby Aviation (NYSE:JOBY) stock traded sideways for much of the past six months, but it has more-than-doubled in price since January. This “future of transportation” play may have a gradual liftoff in the coming year. Even if its performance is far less impressive in 2024 compared to 2023, that’s not necessarily a