No stock can become a high-flyer overnight. It takes years and steady revenue growth for them to reach the peaks. Smart investors are aware of the fact that identifying under-the-radar stocks on time could lead to impressive returns in the long term. Technology is one of the fastest growing sectors in the economy. It has
Stocks to buy
Should you support a company if the government does? That’s a personal choice, of course. However, there’s no denying that Micron Technology (NASDAQ:MU) will have a huge advantage with the government’s financial support. For that reason, it makes perfect sense to buy Micron Technology stock now. Really, it’s not a question of whether the Micron share
Although the demand for inflation-resistant stocks has fallen in the past six to 12 months as consumer prices have moderated, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon isn’t convinced inflation has gone the way of the dodo bird. “Many key economic indicators today continue to be good and possibly improving, including inflation. But when looking ahead
You can call it a correction, a selloff, or maybe the beginning of a crash. Whatever term you use to describe it, equity prices are falling. The tech-heavy Nasdaq index is still up 8% in 2024, but it’s down approximately 3% in April. That’s bringing down valuations in sectors like cybersecurity. However, for long-term investors,
What have you done for me lately? Imagine tripling sales and quadrupling profits, but it still is not good enough. Well, that’s what happened to Super Micro Computer (NASDAQ:SMCI) after its fiscal third-quarter earnings report, which just missed sales expectations. Super Micro Computer stock plummeted. Even though revenue surged to $3.85 billion from $1.28 billion
Traditionally, consumer staples stocks are seen by the Street primarily as safe havens during recessions. But that tradition was formed during a 50-year period in which America experienced very little of what we’re seeing now: relatively strong economic growth and relatively high inflation. During such periods, some staples providers are often able to raise prices
Companies have clearly defined goals: to grow their customer base, brand power, and global influence, compete with giants like Nvidia (NASDAQ:NVDA), Meta (NASDAQ:META), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and join the shortlist of trillion-dollar stocks. While this sounds great, reaching a trillion-dollar market cap is a tough mountain to climb. Companies on
Growth stocks have been huge winners over the past 18 months. Investors have shrugged off the sector’s 2022 bust and returned to growth and technology names with great enthusiasm. This move makes sense. The Federal Reserve’s planned rate cuts for later this year could be a major catalyst for the growth names in particular. And
Detroit’s comeback is nothing short of a miracle. As a city, it was dead and buried as recently as 2013, when it declared bankruptcy with more than $18 billion in debt. It has come a long way since those dark days. It’s not perfect — no city is. However, it’s attracting attention from various places,
Every once in a while, a company may undergo a rough period financially or take a hit to its public perception. Sometimes, these maladies can persist quarter after quarter, and cause the company’s stock to tank. It’s important to remember, however, that so long as the company does not financially collapse or cease to exist,
The best value stocks to buy often fly under the radar, particularly during times of market optimism and excitement. However, prudent investors understand that market dips can create exceptional opportunities to scoop up high-quality companies at bargain prices. Value stocks typically belong to established companies known for their reliable dividends, strong track records of profitability
It’s not exactly an ideal time to be a stock market investor. The market is in correction territory, with many leading tech giants experiencing a pullback in prices. With that in mind, the savvy investor will want to focus on Needham price targets to steer them out of the current chaos. Needham price targets can be a reliable
There is probably no investor more closely scrutinized than Warren Buffett. Whether by Wall Street analysts or individual investors, the Chief Executive Officer (CEO) of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) has his every buy, sell and hold decision dissected six ways to Sunday. And it’s not without cause. Since becoming CEO at Berkshire in 1964, Buffett has
When it comes to finding the market-beating stocks of the future, you may want to look at stocks that are currently crushing it. Yes, past performance is not indicative of future returns, but many of the top-performing stocks have what it takes to continue winning. For instance, top-performers are can often be companies that operate
The U.S. GDP saw a modest increase of 1.6% in the first quarter. This fell short of the expected 2.4% growth rate leading to a brief period of downturn in the stock market. Amidst this, savvy investors are looking for AI stocks to buy. Despite the broader market’s volatility, AI companies continue to innovate and
Investing in certain penny stocks to buy during a volatile economy can present unique opportunities for investors. Typically priced below $5 per share (at a discount), these stocks often exhibit heightened volatility, translating into significant short-term gains for those adept at timing the market. Furthermore, penny stocks may offer diversification benefits, as they tend to
The market is always filled with uncovered treasures with strong underlying fundamentals and even more attractive valuations. Oftentimes, investors look for the next technological craze or catalyst in the stock market to help them generate significant wealth and upside. On a similar tangent, investing in shares of up-and-coming consumer brands before they gain widespread recognition
Meme stocks are simply those that have gained substantial popularity on social media leading many investors to buy them. That generally causes people to create pictures and gifs including humorous text known as memes of the stocks. Those companies and their shares often garner greater demand due to that social media attention. Prices subsequently rise.
Super Micro (NASDAQ:SMCI), which produces and markets hardware used in artificial intelligence (AI), delivered exceptionally strong fiscal third-quarter results on Apr. 30 and increased its full-year guidance. The firm’s Q3 results show that it’s continuing to benefit tremendously from the rapid proliferation of AI. Moreover, its guidance hike and its very bullish comments indicate that
The recent economic reports have raised concerns about a potential negative future for the United States economy, characterized by stagflation—a troubling situation of rising inflation and slowing economic growth. The latest GDP figures showed a significant slowdown in growth, with the economy expanding at only 1.6% annually, well below expectations. Concurrently, measured by personal consumption