After a huge run in 2023, the stock of cryptocurrency miner Marathon Digital stock (NASDAQ:MARA) has declined 24% so far this year. Rather then be intimidated by the decline, investors should buy-the-dip in MARA stock. Marathon Digital’s share price rose sharply higher last year as the price of Bitcoin (BTC-USD) steadily increased. In recent months,
Stocks to buy
There is no doubt that blue-chip stocks are steady value creators and act as a fortress for the portfolio. However, it’s growth and high-potential penny stocks that can make millionaires. A general tendency is to look at penny stocks purely as a speculative bet. That’s understandable in specific cases where the rally is driven by
Initially seen as a gaming hardware company, Nvidia’s (NASDAQ:NVDA) groundbreaking AI advancements have led to a remarkable surge of more than 300% over the past two years. This sort of move has been driven by continued strong demand for high-performance chips and GPUs, of which Nvidia stock is the clear market leader. While some anticipate
After a strong start to the year, the stock market is showing some signs of resistance. The S&P 500 only inched up by 3% in March while the Nasdaq 100 is only up by 1%. The Federal Reserve put investors on notice by announcing that rate cuts aren’t the forgone conclusion that market participants had anticipated. This backdrop forms my list
The stock market has enjoyed a good run to start the year. The S&P 500 and Nasdaq Composite are both up by roughly 10% year-to-date. However, these indices are likely to face resistance soon. Stocks don’t continue to march up higher. They will face resistance and go through corrections. A correction occurs when a stock, index, or fund loses
Many investors are hearing that we are in a stock picker’s market. If that’s the case, then why not take your lead from Warren Buffett? After all, Buffett is one of the world’s best stock pickers. What do you know about these stocks? If you follow the Buffett playbook, then these stocks will have wide
The financial sector has long been the backbone of the stock market. Financials hold the second-largest weight by sector in the S&P 500 with a 13.12%. Five of the thirty components of the Dow Jones Industrial Average are financial stocks. These companies provide products and services for everything from banking and investing to payments and
Investors seeking to capitalize on the burgeoning momentum of renewable energy are eyeing the top renewable energy stocks to buy in 2024. As the world transitions to a greener future, the renewable energy sector is a beacon of opportunity. With increasing global awareness of climate change and the pressing need to reduce carbon emissions, renewable
The best biotech stocks to buy are in companies that put a lot of resources into research and development, often with nothing to show for it for years. Regulatory hurdles make finding biotech stocks to buy challenging if you don’t have the patience to wait it out. But when biotech companies win approval to sell
The whole idea behind investing is to turn little money into more money. The process could take a few weeks, months or even years. But as investors, we have little patience and are always looking for ways to increase our returns. While it is possible, the trick is to look for investments that have the
Avoiding an asset is tempting when the media coverage is negative. Yet, investors should at least give Trump Media & Technology Group (NASDAQ:DJT) some consideration. In spite of the widespread pessimism — or actually, because of that pessimism — we’re assigning a contrarian “A” grade to Trump Media stock. What many critics seem to overlook is that
Dividend investing has proved itself to be one of the best, most reliable strategies to amassing wealth. Because stocks beat out every other asset class over the long haul, and dividend-paying stocks outperform those that don’t make a payout, you will position yourself for generating riches by buying dividend growth stocks. However, you shouldn’t just
There are some great space stocks to buy in April. While investor attention is turned to sectors such as artificial intelligence and renewable energy, the space industry is also presenting some great buys for investors to capitalize on. The commercial space industry has seen significant growth, I think the best is yet to come. This
The Dow Jones Industrial Average consists of 30 large stocks that have been chosen in an effort to represent the major components of the U.S. economy. As a result, for conservative investors looking for major names from multiple sectors of the American economy, the index is a reasonable place from which to start. And at
You should only buy stocks you intend to never sell. That doesn’t mean you won’t sell them. It just means the company you’re investing in is one you want to own for a lifetime. After all, if the business keeps growing and rewarding you by generating good returns, why would you want to sell it?
It’s fair to say that the entire EV sector is maligned at the moment. Stocks throughout the upstart industry have seen their values plummet over the last year. The global EV market slowed down as higher lending rates slashed demand. Speculative SPAC firms failed, and Chinese demand cratered as its economy suffered. Yet, EV sales
Healthcare’s impact on the economy cannot be overstated. According to the American Medical Association, the U.S. spends more than $4 trillion a year on healthcare, which works out to nearly $13,000 per person. That makes America one of the top spenders on per capita healthcare in the world. And healthcare spending shows no signs of
Green hydrogen, which refers to using renewable energy to create hydrogen, is spreading fairly rapidly around the world. Green hydrogen predominantly decarbonizes carbon-heavy industries that are difficult to fully electrify, such as steel production and chemicals. The EU recently approved Germany’s 2.2 billion euro initiative to decarbonize industry with green hydrogen and electrification. In Brazil,
Investing in long-term stocks offers an excellent alternative to the frenetic world of day trading. Long-term stocks are about hitching your ride with companies that have stood the test of time, ensuring sustained growth and profitability for their stockholders. The allure of long-term stock picks lies in selecting businesses that exhibit steady growth instead of
EV charging stocks have witnessed substantial correction in the last 12 to 18 months. The factors include cash burn, intense competition and macroeconomic headwinds. In my view, these near-term challenges present a good opportunity for exposure to quality EV charging stocks. Given the industry potential, multibagger returns are likely by 2030. An important point to