The stock market is sliding lower in August, and volatility has returned to equities. So what’s an investor to do? The best defense in times like these is to put capital into reliable blue-chip stocks. These stocks of established, profitable companies generate plenty of free cash flow and have a proven track record of rewarding shareholders through stock
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AI stocks have been on fire all year long. And Nvidia (NVDA) – the leader of the AI Revolution itself – just confirmed that AI stocks will stay red-hot for several years to come. Last night, the leading chipmaker reported grand-slam earnings results, powered by seemingly unstoppable demand for its AI chips. Revenues topped expectations
In this article ADSK DG AMD MRVL Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s A100 GPU, used to train ChatGPT and other generative AI, is shown at the demo center of Nvidia’s headquarters in Santa Clara, California, Feb. 9, 2023. Katie Tarasov Check out the companies making headlines in midday trading. Nvidia – The chipmaker’s
United States productivity increased by a 3.7% annualized rate in Q2 2023. Michael Feroli, Chief U.S. economist at JPMorgan (NYSE:JPM), wrote that expectations for a strong boost in the three-month period “offer glimmers of hope that trend productivity is picking up,” as rising investment in software and information processing will boost growth for the economy.
Fear is back in the air. On August 8, 2023, Moody’s rating agency downgraded central U.S. banks due to weaker profits and increased funding risks. These include mid-sized to large banks like Citizens Financial Group (NYSE:CFG), Commerce Bank (NASDAQ:CBSH), States Street Corp (NYSE:STT), and Ally Financial (NYSE:ALLY). In addition, Moody’s (NYSE:MCO) also stated that they’re reviewing
Ongoing dynamic market fluctuations provide an ideal environment to hunt for bargain stocks. “Buying on the dip” is a tactic savvy investors employ to capture quality stocks while they’re momentarily undervalued. Here, the article lists three bargain stocks with the potential for remarkable growth and resilience. Though disparate in their industries, these companies are primed
Interestingly, interest rates are higher in the United States since the economy is much stronger than analysts’ and economists’ forecasts. Furthermore, unemployment is below 4%, the S&P 500 grew roughly 20% this year, and economists surveyed by the Philadelphia Fed stated that GDP is projected to grow by 1.6% in Q3 2023. The rise in
As traders continue to make millions from their mother’s basements by YOLOing Nvidia (NASDAQ:NVDA) calls, a lurking threat casts a long shadow over the global financial landscape. I have a lot of fun joking about the mania in NVDA stock on social media, but the truth is none of this will ultimately matter if I’m
Some of the best flying car stocks have witnessed big moves for year-to-date. However, this upside might just be a teaser of what’s likely to come in the long term. The flying car market is still at an early stage and the first movers can be massive value creators. To put things into perspective in
If manufacturing is the backbone of the economy, then transportation companies are the arteries and veins that allow goods services, and people to flow through the economy. Concerns about rising oil prices and lower consumer demand are casting a pall on this sector. But knowing the market is forward-looking, now is a good time to
Market volatility has struck again. Last week, U.S. equities continued their slide in August, leaving many market-watchers wondering whether or not equities in general had reached their peak. The attributed to this precipitous decline in share prices is most likely multi-faceted. There is the Federal Reserve, which still is not sure it will pause on interest rates
Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in the premarket. Nvidia — The chipmaker popped 7% after reporting another blowout quarter that topped Wall Street’s estimates. Nvidia also offered optimistic guidance, saying that sales will jump 170% during the current period as demand for
Barron’s published an article in mid-August that discussed how the best employers are the best stocks to buy. Jefferies Financial Group (NYSE:JEF) analysis found that the stocks of the companies on the annual Fortune list of top 100 workplaces had consistently outperformed their peers since 1998 when the list was started. “Analysts led by Aniket
With the recent run-up in crude oil prices, there are not of names that fit perfectly into the oversold energy stocks category. Scores of stocks in the energy sector, particularly shares in exploration and production companies, have zoomed higher in line with crude oil price trends. Yet among the 263 names in this sector trading
When it comes to finding Wall Street’s favorite stocks, investors would do well to look at analysts’ ratings. Analyst ratings can have a strong influence on the direction of a stock. Analysts work for banks and brokerage houses, and when they give a stock a “Buy” rating, institutional money usually follows. Of course, the opposite
For my money, growth stocks are one of the best ways to ignite your portfolio, putting yourself in a position to get the best results. And when I’m looking for my best options, I always lean toward A-rated growth stocks as identified by the Portfolio Grader. Growth stocks are those that have a long runway
Finding the best video game stock picks is part of a long-term strategy that makes sense. Investors shouldn’t overlook the gaming market as mere child’s play. It’s a booming business valued at more than $300 billion this year. About 3 billion people play video games globally. That number is set to grow to 3.24 billion
This might be the best time to dip your toe into solar stocks. Solar energy is one of the fastest-growing industries in the world, as more countries and companies invest in renewable sources of power to combat climate change and reduce their dependence on fossil fuels. According to the International Energy Agency, solar photovoltaic capacity
Quantum computing, a field that leverages the principles of quantum physics, has been steadily gaining traction over the years. Among the companies vying for dominance in this nascent industry, IonQ (NASDAQ:IONQ) stands out with its unique approach to quantum computing. Despite the compelling story painted by the company, however, investors should tread carefully with IONQ
After a challenging 2022 due to surging interest rates, the stock market has found solace in 2023. Investors are rejoicing as the Nasdaq Composite index has surged by 31%, which bodes well for the fintech sector. Notably, SoFi Technologies (NASDAQ:SOFI) stock has outshone this performance, skyrocketing 88% this year, despite a 16% dip since August’s