CPI, the Consumer Price Index, is a metric used to gauge the rate of inflation and deflation. It’s released by the Bureau of Labor Statistics (BLS) and reports the monthly fluctuations in consumer goods and services prices. The CPI is a market-moving metric in that when it shows a deflation rate compared to the previous year,
Stocks to buy
Copper prices now sit at their highest level in about two years, which has catapulted copper stocks to higher highs. All thanks to supply issues. According to Mining.com, “Disruptions at major mines have left smelters paying historically steep prices to get hold of mined ore, and Chinese plants — which produce more than half of the
The past couple of years have been an uphill battle for fintech stocks. Despite strong underlying business performance, most names in the space have lagged the broader market’s recovery. However, the tide may soon be turning in favor of these beaten-down disruptors. Monetary policy looks destined to shift in short order. And when it does,
When Tesla (NASDAQ:TSLA) founder and CEO Elon Musk announced a date of August 8 for its robotaxi event, the stock managed to nudge higher amid its multi-year downturn. Though shares have since reversed lower again, everybody will tune in when Musk hits the stage this summer. The company’s potential innovations may just be able to
Due to its obvious nature, one of the most commonly repeated pieces of advice regarding stock investment is to buy undervalued stocks when they trade low and sell overvalued stocks when they trade high. Achieving this outcome consistently would be ideal. However, the challenge lies not only in identifying overvalued and undervalued stocks trading at
The most obvious Caitlin Clark stocks are Nike (NYSE:NKE) and PepsiCo (NASDAQ:PEP). The NCAA basketball phenom already has deals with the two public companies. Although the soon-to-be WNBA star failed to win the NCAA Tournament for the second year in a row, she’s a marketer’s dream, so there will be no shortage of powerful companies
The March CPI report left investors with a sour taste. The index soared for the third consecutive month, with a 3.50% year-over-year (YOY) increase that surpassed analyst expectations and represented a 30 basis point increase from last month. Hence, with the stickiness of inflation, the importance of inflation-proof stocks increases. Furthermore, with inflation persisting, investors
Wise investors are placing some biotech stocks on their watchlists this month, as these companies have surged over 160%. With more predicted upside to these companies than we see today, one could book some serious capital appreciation into a portfolio. The broader biotech industry is brimming with significant potential, making incredible advancements. Innovations span fields
These three best space stocks to buy don’t just provide revolutionary space exploration technology. They also focus on other complementary industries, including the defense space and commercial flights. Boeing (NYSE:BA), for example, is known for making planes for commercial flights. However, the company also offers various defense solutions, such as missile defense systems, satellites and
With the hotter-than-expected March jobs report, you might think the dollar has lost value due to inflation, thus clouding the narrative of under-the-radar stocks. And yes, inflation is stubbornly high. That’s what happens when more dollars chase after fewer goods. At the same time, the dollar is very much elevated relative to a basket of
Investors typically pay close attention to shares held by renowned hedge fund managers, especially when volatility on the Street increases. Therefore today, we discuss three Bill Ackman stocks. By following the strategies of seasoned investors like Ackman, we can gain valuable insights and potentially uncover hidden gems. Known for his concentrated portfolio and long-term approach,
Popular activewear stocks have really taken a beating over the past several months, led lower by such names as yoga top dog Lululemon (NASDAQ:LULU), which is now down a whopping 34% from its late-2023 high, and sneaker behemoth Nike (NYSE:NKE), down 48% from its late-2021 peak. Undoubtedly, the period of weakness has caused some to
The stock market may have pulled back a bit from the all-time high reached late last month but the S&P 500 remains 7.4% higher in 2024. Technology stocks continue to be top performers with Super Micro Computer (NASDAQ:SMCI) leading the way with a 216% gain so far. However, analysts at the wealth management arm of
The CHIPS and Science Act of 2022 and the Defense Production Act are two examples of why renewable energy stocks can make a comeback, thanks to increasing regulatory activity as we move into the next U.S. election cycle. The iShares Global Clean Energy ETF (NASDAQ:ICLN) is down around 11% this year, but both the Republican
It’s no secret Warren Buffett loves companies that pay dividends. While he refuses to allow Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) to pay any to shareholders, he enjoys collecting those checks from the businesses he owns. Buffett believes he can deliver superior returns for his shareholders if he allows them to make decisions for themselves. He’s probably right.
Fintech firms focus on using technology to enhance financial services, including payments, banking, and financial management. Among some of the more popular services that such companies deliver are cryptocurrencies, “buy now, pay later,” peer-to-peer payments, payments to businesses, and consumer banking. Fintech firms have multiple, strong, positive catalysts, including the rapid, global digitization of financial
Put your money to work! That’s a direct order to nervous investors who are worried that the Meta Platforms (NASDAQ:META) share price has gone too high, too fast. Instead of waiting around for Meta Platforms stock to pull back, consider the company’s advantages as a social-media powerhouse and get in the winner’s circle with a long position. There’s
United States equities have calmed down since their rally in the first quarter of 2024. The S&P 500, Nasdaq, and Russell 2000 have all dipped slightly from their previous highpoints. While market trends, such as the generative AI craze, may have been enough to lift stocks to new heights, nowadays analysts and investors are increasingly worried about
Cannabis stocks are buzzing with optimism on the back of widespread positive updates. Germany recently legalized pot for recreational use, while Canada is rethinking cannabis taxes. Moreover, Florida is eyeing legalization through a November ballot. These positive developments are pushing cannabis stocks to fresh highs, offering a healthy upside ahead. Furthermore, we’re seeing cannabis’ legal
Every investor is on the search for outsized gains. We all dream of finding that one small company that ends up changing the world and making its early shareholders fabulously wealthy. But how do you pinpoint the next “big thing” before it explodes in value? Such a task is easier said than done, but with