Shares in GameStop (NYSE:GME) zoomed higher during March, and interestingly enough, for reasons more substantive than usual. That this, last month’s GME stock spike was based on more than merely “hope and hype” from the meme stock community. Instead, the video game retailer’s quarterly results were behind the rally. Coming in well ahead of expectations with earnings,
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After pulling back during February and early March, Carvana (NYSE:CVNA) shares have been on the rise over the past few weeks. With its move back to around $9.50 per share, CVNA stock is again one of this year’s top performers. This year, the stock has more than doubled. That’s some strong performance. That said, I think speculators are
In this article JNJ ZION CLNE ALB LW FDX EXEL Follow your favorite stocksCREATE FREE ACCOUNT A FedEx delivery man is seen on Chestnut Street in San Francisco on January 11, 2023 as atmospheric river storms hit California, United States. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before
Conversation about artificial intelligence and machine learning has been going on for years. While many companies have been making enormous strides in these technologies, it’s just now coming to fruition for the public. Of course, that has them looking up the best AI stocks to buy. Talk of AI and ML didn’t just start this
The stock market had a strong first quarter, with many companies posting big gains. This was a welcome turn of events after a difficult 2022 for investors. However, after the rally, you may wonder which are the most undervalued stocks still out there in the market today. That’s an especially good question as it seems
NIO (NYSE:NIO) is a stock that often gets much attention from investors as many are trying to develop a NIO stock price prediction. Achieving this task requires a certain level of expertise owing to the current macroeconomic conditions. Like many companies operating in the electric-vehicle sector, Nio has experienced a significant decrease in valuation. Much
Following last month’s banking crisis, investors are on the prowl for bargains among financial stocks. When searching for low-priced bank stocks on a screener, Ally Financial (NYSE:ALLY) stock is likely to pop up. Changing hands for around $25 per share today, this automotive-focused bank also trades at a sizable discount to its book value of
Some financial traders may have great expectations for China-based electric vehicle manufacturer Nio (NYSE:NIO) in 2023. Yet, it’s wise to be cautious with NIO stock. The automaker may be overly optimistic, and building a network of battery swapping stations might or might not be a successful venture for Nio. Last year, Nio had to deal with
Well-known investment advisor Ed Yardeni believes that U.S. stocks are poised to rally this year. Speaking to CNBC last week, Yardeni said that the banking mini-crisis will be “very well-contained” by the Federal Reserve and Federal Deposit Insurance Corporation (FDIC). He noted that the banks’ issues should prevent the Fed from raising interest rates further
Typically, penny stocks are pure market wages for hardened gamblers. In fact, penny stocks are always risky — especially some of the best biotech stocks under $1 – and should oftentimes be avoided. And, as pointed out by the U.S. Securities and Exchange Commission (SEC), “Penny stocks may trade infrequently – which means that it
Stock markets have been rising this year, but the gains have not been equal. While many stocks are in the process of recovering, others continue to fall or trade sideways. Somewhat surprisingly, many blue-chip stocks that have been consistent outperformers over the past decade are now lagging the market. These are companies that are household
General Motors (NYSE:GM) is firing on all cylinders. Plus, the American auto sector is again accelerating. Moreover, GM’s longer-term prognosis is quite good, as the automaker’s electric-vehicle business looks poised to thrive. Better, GM appears well-positioned to launch a lucrative robotaxi business. Given these points, I’m very bullish on GM stock, and I recommend that
For investors in semiconductor maker Nvidia (NASDAQ:NVDA), it’s been an incredible start to 2023. Shares of NVDA stock have nearly doubled in just three short months to start the year. That’s some incredible performance and a pace of growth that’s unlikely to continue from here. That said, there’s good reason for this outperformance. Of course, most investors’ interest in
While most financial advisors direct you toward established, large-capitalization companies because of their relatively safer business profile, small-cap stocks to buy may pack quite a punch for specific investors. For example, if you’re young and have limited funds, smaller and therefore riskier enterprises may yield significant gains. Also, for older investors, small caps offer an
No matter what I have to say next, you should not buy penny stocks. They’re volatile, woefully unpredictable and can lead you to emotional reactions that ultimately hurt your finances. It’s no wonder so many internet gurus hawk these speculative enterprises. If things go right, they’re geniuses. If things go wrong, they merely weasel behind
Since electric vehicles (EVs) are a growing industry, many investors are looking to find the most promising EV stocks. The returns many EV stocks have provided over the last decade crush most comparable sectors over this time frame. Much of this growth has come from industry-leading Tesla (NASDAQ:TSLA). Accordingly, while Tesla remains a core holding of many
As the markets face macroeconomic headwinds, it’s time to be cautiously optimistic. The first step is to ensure capital preservation. That can be achieved through investment in blue-chip stocks, investment grade bonds, and gold. Within the relatively aggressive portfolio, I would look at some global stocks to buy. Global diversification makes sense as some economies
As a hotbed for innovation, top fintech stocks to buy have disrupted traditional financial services. They’ve delivered cutting-edge solutions bolstering efficiency and accessibility. Plus, the oversold fintech players are tapping into burgeoning markets, such as microfinance and “buy now, pay later” services, catering to the underserved. With this innovative potential comes the promise of exceptional
Identifying tech stocks to avoid is as important as discovering the next big winners in the current volatile stock market. After a turbulent 2022 for tech stocks, with the sector, most of the gains achieved in 2021, the first quarter of 2023 has brought a surprising turnaround. Outperforming the broader market, most tech companies have
While discussions of politics typically arouses intense anger these days, they might also lead to excellent investment ideas, which is why interest in stocks Republican Congressmen are buying picked up in recent weeks. Carrying a general reputation for smaller government and supporting free market enterprises, Republicans theoretically should be good stock pickers. Now, to be