Over the last several months, solar stocks lost their shine. In fact, many lost more than 50% of their value. The Invesco Solar ETF (NYSEARCA:TAN), for example, plummeted from about $75 to a low of about $41. First Solar (NASDAQ:FSLR) dropped from $225 to $130. Sunrun (NASDAQ:RUN) fell from $23 to a low of $9.50. This occurred while U.S. and European
admin
Figuring out what is going on in the bustling stock market can be quite challenging for investors. With big names stealing the spotlight, it can be hard for sleeper stocks to find their way to the portfolios of investors. Sleeper stocks are quietly lurking amid all of this financial commotion. They are often undervalued and
Genomics is undeniably medicine’s future, and genomics stocks stand to be the next big thing in healthcare as the industry matures. But the crux of the matter is when the industry will mature. Medical advancement lead times, regulatory approval, and expensive R&D combine to make genomics stocks a risky speculative play today while we await
Investor Cathie Wood deserves to take a victory lap. After being vilified for almost two years for allocating capital to disruptive technology stocks, Wood’s 2023 strategy has proven successful. The flagship ARK Innovation (NYSEARCA:ARKK) exchange-traded fund (ETF) that Wood runs through her investment management firm Ark Invest is up 70% this year. After enduring the
In the contemporary age, the concept of top Dow stocks to buy seems rather anachronistic. After all, the underlying Dow Jones Industrial Average only covers 30 companies. Contrast that with other indexes that consider hundreds if not thousands of publicly traded securities. However, the limited coverage of Dow stocks shouldn’t be conflated with a lack
With speculation about interest rate cuts seemingly reaching a fever pitch, it’s naturally time to consider high-yield dividend stocks. To be sure, this segment has lost some of its attractiveness over roughly the past two years as the Federal Reserve began earnestly hiking borrowing costs. But with that narrative possibly shifting, it may be time
While the topic of top penny stocks to buy may arouse controversy similar to apocryphal literature with spiritual implications. That might sound hyperbolic but generally, financial advisors shy away from the sector because of the extreme risks involved. It’s not just that investing in this arena is dangerous to your financial standing; rather, the ecosystem
With another year in the global markets coming to a close, now is a great time to consider stocks to buy for 2024. Part of the reason is to establish a framework for navigating the myriad uncertainties that could lie ahead. For example, there’s a lot of talk about the Federal Reserve’s monetary policy these
Growth stocks certainly have legs at the moment and it’s fair to assume that there will be a surge of investment heading into 2024. Demand should be expected to rise as the Federal Reserve continues to signal that the worst is over. The markets are expecting a soft landing and multiple rate cuts in 2024.
In this world of speed and technology, tech stocks have become an important foundation stone for savvy investment portfolios. Stocks representing innovation and progress are a fertile field for investors looking to achieve growth. But with so many companies to choose from, how can one pick the best tech stocks? Such a conundrum frequently sends
Having nearly tripled in 2023, Palantir Technologies (NYSE:PLTR) stock looks to be on the right track, with more growth ahead. PLTR stock is up 185% over the past year and has now gained 98% since its initial public offering in October 2020, which occurred during the volatile pandemic stock market rally. Having survived the bear
As 2023 comes to a close, investors have warmed back up to Rivian Automotive (NASDAQ:RIVN) stock, which has surged back to the low-$20s per share following a November tumble. There is not one set reason this EV play has experienced this latest surge in price. Developments and news that are both company-specific, and more macroeconomic
With animal spirits returning to Wall Street, and greed replacing fear in the minds of investors, Joby Aviation (NASDAQ:JOBY) stock is hot again. Shares bounced off a low of just over $5 in early November and were trading near $7 on December 15. “Tech whisperer” Cathie Wood grabbed shares while TV analyst Jim Cramer was
Well, 2023 certainly hasn’t been perfect for stocks, but with volatility and uncertainty lingering after the chaos of 2022, it’s been better than expected for most investors. Many people braced themselves for a downturn this year amid Fed rate hikes, but the market has shown impressive resilience and even a nice recovery. As we round
When you think “growth stocks,” mega-cap big tech names, or even smaller but high-profile companies in industries like AI, electric vehicles, or SaaS software may first come to mind. But while there are, of course, plenty of strong growth opportunities within the tech sector, some of the most underrated, under-the-radar, and undervalued stocks in this
Coming into 2023, most economic pundits were calling for a recession. However, a resilient economy proved the doubters wrong, leading to an impressive market performance, with the S&P 500 up over 20% year-to-date. Given the recent U.S. Federal Reserve pivot, this momentum might continue benefiting 2023’s top stocks. As we head into 2024, one of
The concept of a “metaverse” refers to a sophisticated, evolving virtual realm where users from the real world can engage dynamically with a digital environment alongside others. Investors are showing strong interest in metaverse stocks to buy in 2024, signaling potential growth. This increasing enthusiasm has significantly impacted the metaverse stock market with promising opportunities
Thanks to artificial intelligence (AI), automation stocks will in demand by investors throughout this year and into next. On December 11, Hollysys Automation Technologies (NASDAQ:HOLI) announced that it would be acquired by Ascendent Capital Partners. The latter is a privately owned Hong Kong investment firm. Ascendent is paying $1.66 billion in cash for the Beijing
Flying car stocks have great upside potential. And now could be a great time to purchase these shares. The broader indices still have the potential of a Santa Claus rally, moving closer to Christmas. So, the expectation is this momentum will continue into early 2024 and beyond. The companies selected to take advantage of this
This is an interesting time to be investing in energy stocks. If you’re a frequent driver (who hasn’t switched to electric vehicles) you’ve surely noticed falling gasoline prices. Gasoline prices are actually down 19% from September and are at their lowest levels in 2023. Crude oil prices have been falling for seven consecutive weeks, hampered