Apple (NASDAQ:AAPL) stock is having a good year despite analyst reservations. Shares are up 47% in 2023 and are within just a few percentage points of the all-time high it hit in July. The tech giant is also a member of the so-called Magnificent 7 group of stocks that drove the S&P 500‘s performance for
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The past few years have seen significant investment in the energy sector. While the industry is still in the growth phase, now is the best time to take your pick and enjoy an early mover advantage with energy stocks. This is a decade defined by climate consciousness, and countries across the world are taking the
Tech stocks are tricky now because the technology market is in a state of flux. This year brought a big reset for tech stocks after record sales for many product categories in 2021 and 2022. As the economy reopened, people spent more on in-person products and experiences while growth of online spending slowed. This had
As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. However, this doesn’t guarantee similar results for Apple’s investors in 2024. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to. It’s amazing to consider how
Gene editing stocks have received a lot of attention throughout 2023. The intense focus on gene editing therapies and CRISPR technology is likely only to increase moving forward: The U.S. Food and Drug Administration (FDA) just approved the world’s first medicine employing CRISPR technology. The technology allows scientists to splice and edit the DNA in
In November 2023, the U.S. economy added 199,000 jobs, exceeding Wall Street predictions. Notably, overall employment now stands 2 million jobs higher than projected in January 2020 by the Congressional Budget Office. Additionally, the unemployment rate, anticipated to be 4.2 percent by the end of 2023, is currently at a near half-century low of 3.7
Wall Street loves a good comeback story. It’s why analysts often put elevated price targets on severely beaten-down stocks. All on the belief the stock may be ripe for a rebound after being unfairly sold off. Still, you can’t help but wonder what some analysts are thinking with the lofty price targets they assign to
Amidst the volatile drumbeat of the stock market, a seismic surge reverberates within the realms of semiconductor innovation and data center dominion. The article dives deep into the thrilling saga of the three companies, where financial prowess intertwines with strategic acumen, shaping the future trajectory of the information technology frontier. These stocks are taking charge
The flying car industry has massive growth potential, not just for the next few years but for the next few decades. More specifically, the global market for flying cars is expected is expected to touch $1 trillion by 2040 and $9 trillion by 2050. Given this market potential, some of the best flying car stocks
As 2024 approaches, seizing opportunities in select penny stocks becomes a strategy many may consider. Now, amidst the vast array of penny stocks, only a fraction stands out as potentially promising investments. Some present a mix of growth and relative value for those hoping for outsized performance in the coming year. So, given the broadly
I believe right now is one of the best times in years to go bargain shopping for hypergrowth penny stocks. Many explosive yet fledgling small-cap companies saw their share prices soar to unrealistic heights amidst the meme stock craze of 2021, only to come crashing down over the past year. In many cases, that’s despite
In today’s digitally-driven era, communication has become an indispensable aspect of our daily lives. From high-speed broadband connections to instantaneous text messaging and mail, our reliance on these communication channels is ever-growing. With such a pivotal role, the undervalued communication stocks stand out as potential growth opportunities. Moreover, the communication sector is currently thriving, fueled
Retail sales in the United Statesrecently exceeded forecasts, bolstered by strong manufacturing and robust consumer demand amid this ongoingeconomic recovery. The Federal Reserve Bank of Atlanta projects the strongest GDP growth since late 2021, indicating economic resilience. This is paving the way for several growth stocks. While the Fed’s stance may remain unchanged in November, the
As EV stocks like Tesla (NASDAQ:TSLA) see sales slip and margins tighten, many bemoan the industry’s current state. While adoption skyrocketed over the past few years, tightened economic conditions mean consumers can’t afford top-of-the-line EV offerings. But EVs are here to stay despite short-term headwinds. The industry-wide bearish sentiment lends itself to opening positions in
One of the biggest challenges when it comes to investing is identifying doomed stocks within your portfolio and getting rid of them. For long-term investors, this can be even more challenging because they choose stocks to buy and hold for a long time horizon. To ensure you don’t hold on to stocks beyond their expiration
2023 has seen a revival in the speculative stocks category. After a dismal 2022, many more adventurous parts of the market are back on the upswing. Cryptocurrency, biotech, and even some former SPACs are perking up. Not all of these rebounds are justified, however. In the case of these three speculative stocks, huge trouble lies
Lithium producers and lithium stocks have been badly hit as Chinese lithium prices plunged an incredible total of about 75% between November 2022 and November 2023. However, in the wake of the tremendous decline of both the mineral’s prices and lithium stocks, multiple firms are starting to be bullish on the sector. For example, research
Tech stocks filling the S&P 500 and Nasdaq 100 have fueled significant gains for long-term investors. In fact, many of the largest companies by market cap operate in this industry. If you buy and hold the right tech stocks, it’s possible to see astounding gains long-term. However, some tech stocks offer better opportunities than others. When
As the world’s largest asset manager with nearly $10 trillion in assets under management, BlackRock (NYSE:BLK) holds tremendous influence in financial markets. Yet the company itself remains somewhat mysterious to everyday investors. I’ve always found BlackRock intriguing due to its immense size and impact across the investing world. There’s no doubt BlackRock sits as the
The investment landscape has been abuzz with the trend of meme stocks, a phenomenon ushered in by the remarkable and dramatic rise in GameStop’s (NYSE:GME) stock in 2021. Driven by social media enthusiasm, these stocks experience rapid volatility that reinforces the importance of knowing which meme stocks to sell. With the allure of quick gains,