Palantir Technologies (NYSE:PLTR) is a well-known player in the U.S. cyber-defense industry. The company won’t easily dominate the global cybersecurity market. Despite the high price, we still rate PLTR stock a “B” for its potential rally in 2024. Palantir Technologies is a favorite among momentum-focused technology stock investors. For instance, Cathie Wood’s Ark Invest purchased over 1.5 million shares of Palantir
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After a brutal 2022, tech stocks have shown signs of life in 2023 as the tech giants roared back. However, many promising yet speculative tech stocks remain unloved. I believe 2024 will be their time to shine once economic clouds clear and investors regain their risk appetite. The improving macroeconomic backdrop will likely supercharge these
Small-cap stocks closed out 2023 with a bang as the S&P 600 Small-Cap ETF (NYSEARCA:SPSM) surged more than 10% over the past month, nearly tripling the large-cap S&P 500’s performance. Most of that exuberance comes from rate-cut rumors. Small-cap stocks suffered more under the current economic cycle than other larger companies. But that’s about to
Over the past twelve months, shares in Meta Platforms (NASDAQ:META) have more than tripled in price. After such outsized performance, the question now is what lies ahead for META stock over the next twelve months. Another tripling-in-price for the Facebook and Instagram parent’s shares may be a tall order. After all, as Louis Navellier and
The emergence of artificial intelligence in 2023 was incredibly important to the markets. In fact, it’s reasonable to assume that AI may have saved the economy in 2023. 2022 was an incredibly difficult year for the markets. The Federal Reserve went on an austere march to bring inflation down with higher rates. Marcus tumbled, and
While the past several years have focused on the whims and desires of millennials, it’s time to shift this paradigm by focusing largely on Gen Z growth stocks. To be sure, millennials have aged into a sweet spot where their desires wants have married into higher purchasing power. That said, future generations will look more
Pet care stocks are incredibly effective in diversifying investment portfolios, leveraging the robust growth of the pet care industry. The sector’s expansion is evident. In fact, for 65.1 million dog-owning households in the U.S., global pet food sales reached a whopping $133.9 billion. This trend highlights a growing focus on pet nourishment and healthcare. Further,
The economy is improving, consumer spending is high, and we are optimistic about a new year. This is an opportunity to grab stocks with strong upside potential and could make gains in the coming year. With the transition into the digital world and a growing market share of e-commerce companies, it is time to look
The U.S. economy is poised for a positive trajectory in 2024, marked by the first price decline in over 3-1/2 years and an annual inflation rate below 3%. The resilient labor market, decreasing inflation pressures, and potential interest rate cuts by the Federal Reserve contributed to the optimistic outlook. This backdrop has led to a
You don’t need to be a Wall Street expert to realize that innovators dominated the equities space in 2023. But that doesn’t mean you can’t find discount tech stocks. On the contrary, with so many publicly traded enterprises available within the underlying sector, it’s almost inevitable that a few opportunities will be less appreciated by
For now, Nvidia’s (NASDAQ:NVDA) chips, which other companies use to create AI, are considered vastly superior to those of NVDA’s competitors. As a result, Nvidia can charge exorbitant amounts for those chips. But the AI chips of one of Nvidia’s major competitors, Intel (NASDAQ:INTC), appears to be starting to gain great respect in the marketplace,
During the same time last year, Riot Platforms (NASDAQ:RIOT) stock was trading close to $3. As Bitcoin (BTC-USD) surged higher, RIOT stock has skyrocketed to $17.8. This is just one example of a stock going ballistic quickly. I believe that there are several under $3 stocks that look interesting from a business development perspective. If
In the market, giants often steal the limelight. However, an intriguing narrative exists woven by lesser-known yet promising stocks priced under $10. Enterprising companies have silently amassed momentum, signaling an imminent surge in their value. The terrain of consumer electronics and cutting-edge technology systems hosts these three underdogs, each concealing a treasure trove of growth
In recent weeks, software stocks have taken off, with the iShares Expanded Tech-Software Sector ETF (CBOE:IGV) soaring 23% from Oct. 30 to Dec. 22. In addition to Wall Street’s reduced worries about interest rates and a recession, several software companies have made positive comments about their outlooks in recent weeks. “Commentary from (several software firms)
As stock markets evolve, discerning tomorrow’s millionaire-makers among a sea of investment options becomes a strategic pursuit. The landscape is teeming with companies showcasing exponential growth trajectories and disruptive market approaches. Delving into seven must-buy stocks stocks’ financial prowess and strategic maneuvers reveals opportunities. Each company exhibits distinct traits, from revolutionary technological advancements to shrewd
The financial technology sector is highly dynamic, and it is growing at a rapid pace. With the adoption of digital assets, cashless payments, and cryptocurrencies, fintech companies are booming. They have set an excellent track record and are growing at an impressive pace. These companies aim to make purchases easier, integrate multiple services under one
Utility companies supply essential services like electricity, natural gas and water to nearly every home and business across the United States. These heavily regulated corporations rank among the stock market’s most stable and consistent investments today. Utility stocks tend to appreciate slowly over time, making them appealing to investors focused on long-term portfolio growth and
Electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) has definitely been on the fast track to success lately. For instance, Rivian recently entered into an agreement to help build out AT&T’s (NYSE:T) commercial fleet. Yet, that’s not the only reason to buy RIVN stock in 2024. Rivian Automotive’s reputation is rock-solid now that the company has fleet-electrification deals with Amazon (NASDAQ:AMZN) and AT&T. Plus,
Hydrogen stocks look like they are entering into a buy zone. Many of these companies are undervalued, and if the broader indices like the Nasdaq and S&P 500 receive an expected lift and rush of liquidity, then some of these hydrogen stocks could be poised for lift-off. Before venturing further, it’s important to note that
Cyberattacks continue to grow each year. It’s a profitable industry for hackers, but companies can protect themselves with cybersecurity software and services. Protecting online data can help companies maintain good reputations and avoid significant financial damages. Investors can get more out of their money by looking for industries with steady streams of capital and demand.