[Editor’s note: “Beat Back the Recession With Electric Car Charging Stocks” was previously published in June 2022. It has since been updated to include the most relevant information available.] A lot of industries are cooling off right now thanks to runaway inflation, soaring interest rates, and decelerating consumer spending. Amid this global economic slowdown, electric
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Headline inflation numbers continue to run near their highest levels in 40 years. The Federal Reserve hiked interest rates by 75 more basis points in September. Analysts are rightly nervous about how long this rising-price period will persist. However, one key sector of the economy is already signaling that the worst of the inflation has
To investors bullish on SoFi Technologies (NASDAQ:SOFI) stock, the recent performance of its shares may seem irrational. In their view, the market is failing to factor in the potential tailwind stemming from the lifting of the student loan moratorium starting Jan. 1, 2023. After this happens, this fintech firm will supposedly benefit from a big
A long-awaited digital collectible feature has finally arrived on Instagram after parent company Meta announced last week that its non-fungible tokens (NFTs) would be available to millions of U.S. users. The new feature lets Facebook and Instagram users connect their cryptocurrency wallets to their accounts and show off their NFTs. Meta also announced NFT support
When Robinhood launched in 2015, its selling point was commission-free trading, with free stock, ETF, options, and crypto trades. Now that most brokers have dropped commissions, Robinhood has lost that edge. Still, the broker’s low costs, zero account minimums, and overall simplicity remain attractive to new investors. Meanwhile, TD Ameritrade (TDA) has been around since
In this article OXY COP FANG HAL DVN APA MRO SWK FLR IDCC LOGC FRPT BOX WFC MYOV LTHM VSAT RBLX PTON TSLA CS CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Check
For retirees, cheap monthly dividend stocks can be a great way to combat inflation. This type of investment provides a consistent and predictable stream of income that can help offset the rising cost of living. In addition, monthly dividend stocks tend to be less volatile than other investments, providing retirees with peace of mind in
About a month ago, the world looked at California funny after the state finalized a law to ban the sale of new gas-powered cars by 2035. Just last week, though, New York did the exact same thing. Gov. Kathy Hochul announced new legislation requiring all new cars sold in the state to be zero-emissions by
Given the complexities of the post-pandemic economy, investors may be served well seeking out the balanced profiles of the best mid-cap stocks to buy this month. In other circumstances, going through the middle of the road might be considered bland or playing it too safe. However, in the context of the equities sector, middle-capitalization companies
While you’ve all heard the phrase you get what you pay for, sometimes, you can “arbitrage” this aphorism in the market with stocks to buy under $20. What does that mean? The lion’s share of financial advisors will direct you to quality blue-chips. These often carry hefty price tags and for good reason. They represent
Kim Kardashian agreed to pay $1.26 million to settle allegations that she violated Securities and Exchange Commission rules by touting a crypto token on social media without telling her followers she was paid to do so. The regulator said the reality TV star got $250,000 for posting about EthereumMax (EMAX) tokens on her Instagram account.
As a sensible investor, the last thing you need is drama. Yet, there’s no shortage of it when it comes to electric vehicle (EV) startup Faraday Future (NASDAQ:FFIE) stock. The company is, as we’ll discover, in a capital-poor financial state. Granted, FFIE investors responded well when Faraday Future apparently managed to avoid a lawsuit from a
Keep An Eye On These Coins Last week, the crypto market had a fairly uneventful time. Prices have largely stayed within the same window that they have been for a few weeks, and Bitcoin (BTC) stays under the $20,000 mark. Investors are worried about the near-term future of the market, as fears of a recession
The September surge for mortgage rates was dramatic, but the 30-year average backed off to end the week and the month lower, dropping the average to 7% on Friday. Today’s National Mortgage Rate Averages For a third day Friday, the 30-year average hovered around 7%. Though still historically elevated, it’s a notable improvement from the
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters Am I becoming rueful that 2022 will end soon, and we will embark on the unknowns of 2023? Are you joking? The market is more skittish than my dogs in a thunderstorm
Despite SoFi Technologies’ (NASDAQ:SOFI) poor share performance in 2022, the neo-banking firm actually has a supporter on Wall Street. Furthermore, SoFi Technologies is rolling out several novel and intriguing financial products and services. With these considerations in mind, and because SOFI stock is so cheap now, it’s not a bad time to buy a few shares.
The Organization of the Petroleum Exporting Countries (OPEC) and its allies meet this week and will reportedly consider a production cut of over one million barrels per day to address what it considers a weak market. That would mark the biggest move by the oil cartel since the onset of the COVID-19 pandemic. Oil prices have fallen
A comfortable retirement is a big priority for Americans and one that’s becoming even more important with life expectancy on the rise. According to the U.S. Census Bureau, the average retirement lasts for 18 years, and many retirees have retirements that last for 20 years or more. Careful planning is a core part of preparing
Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its financial health over the weekend in a series of phone calls. Tesla (TSLA) – Tesla dropped 5.7% in
If you’re looking for cheap Cathie Wood stocks to buy in October, you might want to stay away from the controversial portfolio manager’s latest fund. On Sept. 27, Wood’s investment firm, Ark Invest, announced that it had launched the ARK Venture Fund, a closed-end fund that invests in both public and private companies. For a