In November 2023, identifying lucrative investment opportunities can be challenging. Despite average business fundamentals, speculative stocks often rebound robustly from oversold levels. This occurs particularly with high short interest, leading to significant short-covering rallies. However, for investors maximizing upside potential amid market rally, it’s preferable to seek more stable ways to ride this trend. These three
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Investors have many opportunities to increase the return on their investment. People can pour their money into tech and financial stocks, but what about companies that thrive in both of those areas? Many fintech stocks are far off their 2021 highs. For instance, SoFi (NASDAQ:SOFI) once traded at $25/share in 2021. Shares now trade below
After dropping to 52-week lows, the markets have been rallying lately. That has traders and investors scrambling for cheap stocks under $20 to buy. This bullish sentiment comes amidst a backdrop of sticky inflation and interest rates that are likely to remain elevated for some time. And another factor is the geopolitical events which include
If electric vehicles (EVs) are ever going to fully transform the auto industry, they’re going to need good batteries. The biggest knock on the sector is the limited range and long charge times required for existing battery technology. EV battery stocks are developing the next generation of batteries, but it won’t be quick or smooth.
The lithium market is facing a seismic shift as prices drop at an alarming rate. Lithium prices have nosedived by more than 70% this year, sending shockwaves through the industry. While the recent market downturn has created buy-the-dip opportunities for some high-quality lithium stocks, it has also exposed several lithium stocks to sell. Mineral Resources (MALRY)
Electric vehicle (EV) stocks still have plenty of energy left in the tank to surge higher. Despite the disappointing short-term results of companies like Tesla (NASDAQ:TSLA), investors need to keep the big picture concerning the industry in mind. Automakers will invest $1 trillion in electric vehicles and batteries until 2030, and the number of charging
Investors should buy oil stocks at this time because there’s always a chance that oil prices may rise again in these uncertain times. Buying oil stocks can be risky due to the unpredictable nature of commodity prices. Investors looking to gain more exposure to energy companies should only invest a small percentage of their portfolio in these
Major U.S. stock indices have recovered sharply since the turn of the year. However, REITs have not followed suit, as the real estate sector has suffered from disinflation and increasing counterparty risk. The MSCI U.S. REIT index is down by more than 6% year-to-date, providing substance to my claim. Nevertheless, I see the index’s decline as
Despite being loaded with large cap blue-chip names, the Dow Jones Industrial Average has been a laggard this year. Since January, the Dow has risen only 3%. That compares to a gain of 15% in the S&P 500 index and an increase of 33% in the technology heavy Nasdaq. While the underperformance has been disappointing,
Could Block (NYSE:SQ) stock be a hidden pick that the market largely ignored in 2023? It’s definitely possible as some of Block’s key results, along with the company’s forward guidance, indicate notable growth. Block owns the Cash App, which is mainly geared toward consumers, and the Square platform, which is more merchant-facing. Block also has a cryptocurrency
The outlook for oil and natural gas has gotten cloudy. After rising above $90 a barrel earlier this fall, prices fell back to $75 and are now hovering near $80 for a barrel of crude oil. The clean-energy sector looks even worse, with demand and prices collapsing in recent months. In this uncertain environment, the
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. In August, I wrote about five meme stocks to sell immediately. My MarketMasterAI system was flashing warning signals like a hyperactive lifeguard on duty, telling everyone to get out of risky stocks. The artificial
S&P Global Market Intelligence recently stated that activists launched 850 investor activism campaigns in the first half of 2023. Despite the recent backlash against ESG (environment, social, and corporate governance) investing, 86% of the activist investor stocks targeted by campaigns had an ESG component. Breaking down the numbers in H1 2023, corporate governance issues accounted
Meta Platforms (NASDAQ:META) has a number of threats to contend with, including regulatory resistance from the European Data Protection Board. Yet, the biggest threat of all might come from a famous electric vehicle (EV) manufacturing mogul. Overall, I still like the growth prospects for META stock, but investors should consider Meta Platforms’ challenges. I must admit, Meta Platforms
With increasing unpredictability, a cautious approach is becoming more common among growth investors. Despite these challenges, the following, three analyst-recommended growth stocks could potentially increase three to four times over the next decade. This will present a compelling opportunity for investors seeking substantial profits. Moreover, in a market clouded by economic uncertainties, the top growth
Investing in long-term stocks as a 30-year-old is a tricky proposition. On the one hand, you’ve likely got something close enough to a disposable income that you can afford to sock away extra cash into retirement accounts or a taxable brokerage. On the other hand, you’re likely more risk-averse than you were in your 20s.
Artificial intelligence (AI) has been a massive game-changer for tech giants. And for a brief period of time, so have AI penny stocks. In fact, since 2023 began, some of the biggest U.S. tech firms added nearly $2.4 trillion to their market caps thanks to AI buzz. For example, Nvidia (NASDAQ:NVDA) started the year close to $142.
Bloomberg published an article in early November about RTX Corp. (NYSE:RTX) selling $6 billion in investment-grade bonds over various durations to help repay a short-term loan it got to cover its $10 billion accelerated share repurchase. Is it just me, or does that seem ridiculous in a higher interest-rate market? “Both Moody’s Investors Service and
As 2023 comes to a close, investors are probably wondering what kinds of equities might do well next year. Artificial Intelligence (AI) has received an incredible amount of attention due to the release of OpenAI’s advanced chatbot, ChatGPT. These chatbots are not only useful for productivity, but they can also give opinions on the market. Whether or not
With the Nasdaq taking investors on a roller coaster ride this year, many have sought refuge in mega-cap tech names like Nvidia (NASDAQ:NVDA). However, some of the best bargains right now are in smaller semiconductor stocks flying under Wall Street’s radar. While not rivals to titans like Nvidia or AMD (NASDAQ:AMD), these chip makers boast